SELV vs. LGLV

Last updated Aug 2, 2026

SELV (SEI Enhanced Low Volatility US Large Cap ETF) and LGLV (SPDR SSGA US Large Cap Low Volatility Index ETF) are both Low Volatility funds. SELV is actively managed, while LGLV is passively managed. Over the past 3 years, SELV returned 12.11%/yr vs 11.84%/yr for LGLV. Their correlation of 0.90 means they have usually moved in the same direction. SELV charges 0.15%/yr vs 0.12%/yr for LGLV.

Performance

SELV vs. LGLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SEI Enhanced Low Volatility US Large Cap ETF (SELV) and SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SELV achieves a 6.90% return, which is significantly lower than LGLV's 7.61% return.

SELV

• 1D: 0.50%
• 1M: 2.81%
• 6M: 4.09%
• YTD: 6.90%
• 1Y: 14.21%
• 3Y*: 12.11%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 9.53%

LGLV

• 1D: 0.02%
• 1M: 0.47%
• 6M: 3.70%
• YTD: 7.61%
• 1Y: 10.51%
• 3Y*: 11.84%
• 5Y*: 8.32%
• 10Y*: 11.19%
• ALL TIME*: 11.95%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF	$5.56M	$4.60M	$5.45M
SELV SEI Enhanced Low Volatility US Large Cap ETF	$608.47K	$511.20K	$528.68K

SELV vs. LGLV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SELV SEI Enhanced Low Volatility US Large Cap ETF	6.90%	12.86%	14.71%	6.58%	-0.61%
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF	7.61%	8.37%	16.22%	9.19%	0.56%

Correlation

The correlation between SELV and LGLV is 0.81, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.81
Correlation (3Y) Balances recent behavior with more history.	0.88
Correlation (All Time) Calculated using the full available price history since May 18, 2022	0.90

The correlation between SELV and LGLV has been stable across timeframes, ranging from 0.81 to 0.90 - a consistent structural relationship.

SELV vs. LGLV - Sectors Allocation Comparison

Sectors	SELV	LGLV
Technology	29.3%	9.0%
Healthcare	18.3%	7.3%
Consumer Defensive	12.2%	5.6%
Communication Services	11.4%	3.9%
Financial Services	10.5%	10.0%
Industrials	7.8%	18.7%
Utilities	5.1%	11.8%
Energy	2.5%	3.5%
Consumer Cyclical	2.4%	9.1%
Basic Materials	0.4%	3.4%
Real Estate	0.1%	17.8%

Return for Risk

SELV vs. LGLV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SELV

SELV Risk / Return Rank: 60
SELV Sharpe Ratio Rank: 59
SELV Sortino Ratio Rank: 63
SELV Omega Ratio Rank: 57
SELV Calmar Ratio Rank: 67
SELV Martin Ratio Rank: 54

LGLV

LGLV Risk / Return Rank: 39
LGLV Sharpe Ratio Rank: 40
LGLV Sortino Ratio Rank: 41
LGLV Omega Ratio Rank: 37
LGLV Calmar Ratio Rank: 42
LGLV Martin Ratio Rank: 35

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SELV vs. LGLV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SEI Enhanced Low Volatility US Large Cap ETF (SELV) and SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV). 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.

	SELV	LGLV	Difference
Sharpe ratio: Return per unit of total volatility	1.40	0.99	+0.41
Sortino ratio: Return per unit of downside risk	2.09	1.53	+0.56
Omega ratio: Gain probability vs. loss probability	1.25	1.17	+0.08
Calmar ratio: Return relative to maximum drawdown	2.33	1.47	+0.86
Martin ratio: Return relative to average drawdown	6.25	3.41	+2.84

SELV vs. LGLV - Sharpe Ratio Comparison

The current SELV Sharpe Ratio is 1.40, which is higher than the LGLV Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of SELV and LGLV, 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

SELV vs. LGLV - Drawdown Comparison

The maximum SELV drawdown since its inception was -13.73%, smaller than the maximum LGLV drawdown of -36.64%. Use the drawdown chart below to compare losses from any high point for SELV and LGLV.

Drawdown Indicators

	SELV	LGLV	Difference
Max Drawdown Largest peak-to-trough decline	-13.73%	-36.64%	+22.91%
Max Drawdown (1Y) Largest decline over 1 year	-5.92%	-6.86%	+0.94%
Max Drawdown (3Y) Largest decline over 3 years	-8.94%	-10.17%	+1.23%
Max Drawdown (5Y) Largest decline over 5 years	—	-17.49%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.64%	—
Current Drawdown Current decline from peak	-0.91%	-2.14%	+1.23%
Average Drawdown Average peak-to-trough decline	-2.35%	-3.21%	+0.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.21%	2.95%	-0.74%

Volatility

SELV vs. LGLV - Volatility Comparison

SEI Enhanced Low Volatility US Large Cap ETF (SELV) and SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV) have volatilities of 4.54% and 4.53%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SELV	LGLV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.54%	4.53%	+0.01%
Volatility (6M) Calculated over the trailing 6-month period	8.02%	7.99%	+0.03%
Volatility (1Y) Calculated over the trailing 1-year period	9.86%	10.16%	-0.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.98%	13.03%	-1.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.98%	16.09%	-4.11%

SELV vs. LGLV - Expense Ratio Comparison

SELV has a 0.15% expense ratio, which is higher than LGLV's 0.12% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

SELV vs. LGLV - Dividend Comparison

SELV's dividend yield for the trailing twelve months is around 1.67%, less than LGLV's 1.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF	1.99%	1.94%	1.93%	2.03%	1.95%	1.65%	1.98%	1.89%	2.09%	4.39%	2.54%	2.97%
SELV SEI Enhanced Low Volatility US Large Cap ETF	1.67%	1.74%	1.77%	2.06%	1.26%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SELV and LGLV in my portfolio?

SELV and LGLV have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SELV or LGLV?

SELV has higher volatility (4.54%) compared to LGLV (4.53%). In terms of maximum drawdown, SELV dropped -13.73% vs LGLV's -36.64%.

Which ETF is better, SELV or LGLV?

On 3-year performance, SELV leads with 12.11% vs 11.84% for LGLV. On fees, LGLV is cheaper at 0.12% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SELV or LGLV?

Over the 3-year period, SELV has performed better with a 12.11% return vs 11.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SELV or LGLV?

LGLV is cheaper with a 0.12% expense ratio, compared with 0.15% for SELV.

Which ETF pays a higher dividend yield, SELV or LGLV?

LGLV has the higher dividend yield at 1.99%, compared with 1.67% for SELV.

What is the main difference between SELV and LGLV?

They also come from different issuers: SEI and State Street. Their fees differ too: 0.15% for SELV and 0.12% for LGLV.

Which has better risk-adjusted returns?

SELV currently has the higher Sharpe Ratio (1.40 vs 0.99), 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.