SEIV vs. SPLV

Last updated Apr 2, 2026

Compare and contrast key facts about SEI Enhanced US Large Cap Value Factor ETF (SEIV) and Invesco S&P 500 Low Volatility ETF (SPLV).

SEIV and SPLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SEIV is an actively managed fund by SEI. It was launched on May 16, 2022. SPLV is a passively managed fund by Invesco that tracks the performance of the S&P 500 Low Volatility Index. It was launched on May 5, 2011.

Performance

SEIV vs. SPLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SEI Enhanced US Large Cap Value Factor ETF (SEIV) and Invesco S&P 500 Low Volatility ETF (SPLV). The values are adjusted to include any dividend payments, if applicable.

SEIV vs. SPLV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SEIV SEI Enhanced US Large Cap Value Factor ETF	0.66%	27.43%	19.73%	21.90%	-3.71%
SPLV Invesco S&P 500 Low Volatility ETF	3.24%	4.10%	13.93%	0.53%	2.83%

Returns By Period

In the year-to-date period, SEIV achieves a 0.66% return, which is significantly lower than SPLV's 3.24% return.

SEIV

• 1D: 0.52%
• 1M: -2.94%
• YTD: 0.66%
• 6M: 7.86%
• 1Y: 30.43%
• 3Y*: 22.31%
• 5Y*: —
• 10Y*: —

SPLV

• 1D: 0.26%
• 1M: -5.14%
• YTD: 3.24%
• 6M: 1.55%
• 1Y: 0.27%
• 3Y*: 7.81%
• 5Y*: 6.88%
• 10Y*: 8.34%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SEIV vs. SPLV - Expense Ratio Comparison

SEIV has a 0.15% expense ratio, which is lower than SPLV's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

SPLV

Invesco S&P 500 Low Volatility ETF

SEIV

SEI Enhanced US Large Cap Value Factor ETF

Return for Risk

SEIV vs. SPLV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SEIV

SEIV Risk / Return Rank: 85
SEIV Sharpe Ratio Rank: 83
SEIV Sortino Ratio Rank: 85
SEIV Omega Ratio Rank: 87
SEIV Calmar Ratio Rank: 81
SEIV Martin Ratio Rank: 89

SPLV

SPLV Risk / Return Rank: 12
SPLV Sharpe Ratio Rank: 12
SPLV Sortino Ratio Rank: 11
SPLV Omega Ratio Rank: 11
SPLV Calmar Ratio Rank: 12
SPLV Martin Ratio Rank: 12

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SEIV vs. SPLV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SEI Enhanced US Large Cap Value Factor ETF (SEIV) and Invesco S&P 500 Low Volatility ETF (SPLV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	SEIV	SPLV	Difference
Sharpe ratio Return per unit of total volatility	1.68	0.02	+1.65
Sortino ratio Return per unit of downside risk	2.34	0.12	+2.23
Omega ratio Gain probability vs. loss probability	1.37	1.02	+0.35
Calmar ratio Return relative to maximum drawdown	2.41	0.03	+2.38
Martin ratio Return relative to average drawdown	11.96	0.09	+11.88
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SEIV vs. SPLV - Sharpe Ratio Comparison

The current SEIV Sharpe Ratio is 1.68, which is higher than the SPLV Sharpe Ratio of 0.02. The chart below compares the historical Sharpe Ratios of SEIV and SPLV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SEIV	SPLV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.68	0.02	+1.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.56	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.54	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.98	0.69	+0.29

Correlation

The correlation between SEIV and SPLV is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

SEIV vs. SPLV - Dividend Comparison

SEIV's dividend yield for the trailing twelve months is around 1.50%, less than SPLV's 2.12% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SEIV SEI Enhanced US Large Cap Value Factor ETF	1.50%	1.51%	1.66%	2.08%	1.63%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SPLV Invesco S&P 500 Low Volatility ETF	2.12%	2.04%	1.88%	2.45%	2.11%	1.51%	2.12%	2.08%	2.18%	2.03%	2.03%	2.28%

Drawdowns

SEIV vs. SPLV - Drawdown Comparison

The maximum SEIV drawdown since its inception was -18.18%, smaller than the maximum SPLV drawdown of -36.26%. Use the drawdown chart below to compare losses from any high point for SEIV and SPLV.

Drawdown Indicators

	SEIV	SPLV	Difference
Max Drawdown Largest peak-to-trough decline	-18.18%	-36.26%	+18.08%
Max Drawdown (1Y) Largest decline over 1 year	-12.82%	-8.88%	-3.94%
Max Drawdown (5Y) Largest decline over 5 years	—	-17.26%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.26%	—
Current Drawdown Current decline from peak	-4.19%	-5.14%	+0.95%
Average Drawdown Average peak-to-trough decline	-3.60%	-3.54%	-0.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.58%	2.89%	-0.31%

Volatility

SEIV vs. SPLV - Volatility Comparison

SEI Enhanced US Large Cap Value Factor ETF (SEIV) has a higher volatility of 4.40% compared to Invesco S&P 500 Low Volatility ETF (SPLV) at 3.08%. This indicates that SEIV's price experiences larger fluctuations and is considered to be riskier than SPLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SEIV	SPLV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.40%	3.08%	+1.32%
Volatility (6M) Calculated over the trailing 6-month period	9.50%	6.84%	+2.66%
Volatility (1Y) Calculated over the trailing 1-year period	18.25%	12.68%	+5.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.81%	12.43%	+4.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.81%	15.35%	+1.46%