SELV vs. QALT

Last updated Jun 23, 2026

SELV (SEI Enhanced Low Volatility US Large Cap ETF) and QALT (SEI DBi Multi-Strategy Alternative ETF) are both exchange-traded funds - SELV is a Large Cap Blend Equities fund actively managed by SEI, while QALT is a Multistrategy fund actively managed by SEI. Both are actively managed. At a 0.07 correlation, their price movements are largely independent. SELV charges 0.15%/yr vs 0.80%/yr for QALT.

Performance

SELV vs. QALT - 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 SEI DBi Multi-Strategy Alternative ETF (QALT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SELV achieves a -0.78% return, which is significantly lower than QALT's 7.45% return.

SELV

• 1D: -0.62%
• 1M: -4.10%
• YTD: -0.78%
• 6M: -1.05%
• 1Y: 5.79%
• 3Y*: 9.83%
• 5Y*: —
• 10Y*: —

QALT

• 1D: 0.38%
• 1M: 2.00%
• YTD: 7.45%
• 6M: 7.44%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SELV vs. QALT - Yearly Performance Comparison

	2026 (YTD)	2025
SELV SEI Enhanced Low Volatility US Large Cap ETF	-0.78%	3.24%
QALT SEI DBi Multi-Strategy Alternative ETF	7.45%	53.86%

Correlation

The correlation between SELV and QALT is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 25, 2025	0.07

Return for Risk

SELV vs. QALT — Risk / Return Rank

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

SELV

SELV Risk / Return Rank: 20
SELV Sharpe Ratio Rank: 19
SELV Sortino Ratio Rank: 18
SELV Omega Ratio Rank: 17
SELV Calmar Ratio Rank: 22
SELV Martin Ratio Rank: 22

QALT

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

SELV vs. QALT - 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 SEI DBi Multi-Strategy Alternative ETF (QALT). 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	QALT	Difference
Sharpe ratio: Return per unit of total volatility	0.65	—	—
Sortino ratio: Return per unit of downside risk	0.97	—	—
Omega ratio: Gain probability vs. loss probability	1.11	—	—
Calmar ratio: Return relative to maximum drawdown	0.98	—	—
Martin ratio: Return relative to average drawdown	2.70	—	—

Drawdowns

SELV vs. QALT - Drawdown Comparison

The maximum SELV drawdown since its inception was -13.73%, which is greater than QALT's maximum drawdown of -4.85%. Use the drawdown chart below to compare losses from any high point for SELV and QALT.

Drawdown Indicators

	SELV	QALT	Difference
Max Drawdown Largest peak-to-trough decline	-13.73%	-4.85%	-8.88%
Max Drawdown (1Y) Largest decline over 1 year	-5.92%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-8.94%	—	—
Current Drawdown Current decline from peak	-5.51%	0.00%	-5.51%
Average Drawdown Average peak-to-trough decline	-2.37%	-1.31%	-1.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.15%	—	—

Volatility

Volatility by Period

	SELV	QALT	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.91%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.68%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.97%	51.97%	-43.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.89%	51.97%	-40.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.89%	51.97%	-40.08%

SELV vs. QALT - Expense Ratio Comparison

SELV has a 0.15% expense ratio, which is lower than QALT's 0.80% expense ratio.

Dividends

SELV vs. QALT - Dividend Comparison

SELV's dividend yield for the trailing twelve months is around 1.80%, less than QALT's 5.39% yield.

Position	TTM	2025	2024	2023	2022
QALT SEI DBi Multi-Strategy Alternative ETF	5.39%	5.15%	0.00%	0.00%	0.00%
SELV SEI Enhanced Low Volatility US Large Cap ETF	1.80%	1.74%	1.77%	2.06%	1.26%

Frequently Asked Questions

Can I hold both SELV and QALT in my portfolio?

SELV and QALT have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SELV or QALT?

On fees, SELV is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SELV or QALT?

SELV is cheaper with a 0.15% expense ratio, compared with 0.80% for QALT.

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

QALT has the higher dividend yield at 5.39%, compared with 1.80% for SELV.

What is the main difference between SELV and QALT?

SELV is categorized as Large Cap Blend Equities, while QALT is Multistrategy. Their fees differ too: 0.15% for SELV and 0.80% for QALT.