SEIV vs. YCS

Last updated Jun 23, 2026

SEIV (SEI Enhanced US Large Cap Value Factor ETF) and YCS (ProShares UltraShort Yen) are both exchange-traded funds - SEIV is a Large Cap Value Equities fund actively managed by SEI, while YCS is a Leveraged Currency fund tracking the USD/JPY Exchange Rate (-200%). SEIV is actively managed, while YCS is passively managed. Over the past 3 years, SEIV returned 25.81%/yr vs 18.43%/yr for YCS. At a correlation of -0.05, they often move in opposite directions. SEIV charges 0.15%/yr vs 1.00%/yr for YCS.

Performance

SEIV vs. YCS - 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 ProShares UltraShort Yen (YCS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SEIV achieves a 16.08% return, which is significantly higher than YCS's 9.78% return.

SEIV

• 1D: 0.38%
• 1M: 2.35%
• YTD: 16.08%
• 6M: 15.10%
• 1Y: 41.33%
• 3Y*: 25.81%
• 5Y*: —
• 10Y*: —

YCS

• 1D: 0.40%
• 1M: 3.71%
• YTD: 9.78%
• 6M: 9.63%
• 1Y: 31.36%
• 3Y*: 18.43%
• 5Y*: 23.50%
• 10Y*: 13.63%

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

SEIV vs. YCS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SEIV SEI Enhanced US Large Cap Value Factor ETF	16.08%	27.43%	19.73%	21.90%	-5.02%
YCS ProShares UltraShort Yen	9.78%	9.04%	35.41%	28.70%	2.76%

Correlation

The correlation between SEIV and YCS is -0.17, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.17
Correlation (3Y) Calculated over the trailing 3-year period	-0.05
Correlation (All Time) Calculated using the full available price history since May 18, 2022	-0.05

The correlation between SEIV and YCS shifts across timeframes, from -0.17 (1 year) to -0.05 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

SEIV vs. YCS — Risk / Return Rank

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

SEIV

SEIV Risk / Return Rank: 93
SEIV Sharpe Ratio Rank: 93
SEIV Sortino Ratio Rank: 93
SEIV Omega Ratio Rank: 92
SEIV Calmar Ratio Rank: 92
SEIV Martin Ratio Rank: 93

YCS

YCS Risk / Return Rank: 61
YCS Sharpe Ratio Rank: 57
YCS Sortino Ratio Rank: 49
YCS Omega Ratio Rank: 57
YCS Calmar Ratio Rank: 77
YCS Martin Ratio Rank: 67

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. YCS - 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 ProShares UltraShort Yen (YCS). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SEIV	YCS	Difference
Sharpe ratio: Return per unit of total volatility	3.25	1.86	+1.39
Sortino ratio: Return per unit of downside risk	4.38	2.37	+2.02
Omega ratio: Gain probability vs. loss probability	1.58	1.35	+0.23
Calmar ratio: Return relative to maximum drawdown	5.97	3.79	+2.18
Martin ratio: Return relative to average drawdown	23.16	11.86	+11.31

SEIV vs. YCS - Sharpe Ratio Comparison

The current SEIV Sharpe Ratio is 3.25, which is higher than the YCS Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of SEIV and YCS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SEIV vs. YCS - Drawdown Comparison

The maximum SEIV drawdown since its inception was -18.18%, smaller than the maximum YCS drawdown of -49.56%. Use the drawdown chart below to compare losses from any high point for SEIV and YCS.

Drawdown Indicators

	SEIV	YCS	Difference
Max Drawdown Largest peak-to-trough decline	-18.18%	-49.56%	+31.38%
Max Drawdown (1Y) Largest decline over 1 year	-6.95%	-8.30%	+1.35%
Max Drawdown (3Y) Largest decline over 3 years	-17.71%	-23.05%	+5.34%
Max Drawdown (5Y) Largest decline over 5 years	—	-27.32%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-27.32%	—
Current Drawdown Current decline from peak	-2.70%	0.00%	-2.70%
Average Drawdown Average peak-to-trough decline	-3.47%	-19.88%	+16.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.79%	2.65%	-0.86%

Volatility

SEIV vs. YCS - Volatility Comparison

SEI Enhanced US Large Cap Value Factor ETF (SEIV) has a higher volatility of 4.81% compared to ProShares UltraShort Yen (YCS) at 2.22%. This indicates that SEIV's price experiences larger fluctuations and is considered to be riskier than YCS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SEIV	YCS	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.81%	2.22%	+2.59%
Volatility (6M) Calculated over the trailing 6-month period	9.64%	12.19%	-2.55%
Volatility (1Y) Calculated over the trailing 1-year period	12.79%	16.96%	-4.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.69%	21.10%	-4.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.69%	18.96%	-2.27%

SEIV vs. YCS - Expense Ratio Comparison

SEIV has a 0.15% expense ratio, which is lower than YCS's 1.00% expense ratio.

Dividends

SEIV vs. YCS - Dividend Comparison

SEIV's dividend yield for the trailing twelve months is around 1.37%, while YCS has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
SEIV SEI Enhanced US Large Cap Value Factor ETF	1.37%	1.51%	1.66%	2.08%	1.63%
YCS ProShares UltraShort Yen	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SEIV and YCS in my portfolio?

SEIV and YCS have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SEIV or YCS?

SEIV has higher volatility (4.81%) compared to YCS (2.22%). In terms of maximum drawdown, SEIV dropped -18.18% vs YCS's -49.56%.

Which ETF is better, SEIV or YCS?

On 3-year performance, SEIV leads with 25.81% vs 18.43% for YCS. On fees, SEIV is cheaper at 0.15% per year. On volatility, YCS has been the lower-risk option at 2.22%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SEIV or YCS?

Over the 3-year period, SEIV has performed better with a 25.81% return vs 18.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SEIV or YCS?

SEIV is cheaper with a 0.15% expense ratio, compared with 1.00% for YCS.

Which ETF pays a higher dividend yield, SEIV or YCS?

SEIV has the higher dividend yield at 1.37%, compared with 0.00% for YCS.

What is the main difference between SEIV and YCS?

SEIV is categorized as Large Cap Value Equities, while YCS is Leveraged Currency. They also come from different issuers: SEI and ProShares. Their fees differ too: 0.15% for SEIV and 1.00% for YCS.

Which has better risk-adjusted returns?

SEIV currently has the higher Sharpe Ratio (3.25 vs 1.86), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.