SELV vs. SCHX

Last updated Jun 26, 2026

SELV (SEI Enhanced Low Volatility US Large Cap ETF) and SCHX (Schwab U.S. Large-Cap ETF) are both Large Cap Blend Equities funds. SELV is actively managed, while SCHX is passively managed. Over the past 3 years, SELV returned 10.21%/yr vs 20.85%/yr for SCHX. A 0.70 correlation means they provide meaningful diversification when combined. SELV charges 0.15%/yr vs 0.03%/yr for SCHX.

Performance

SELV vs. SCHX - 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 Schwab U.S. Large-Cap ETF (SCHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SELV achieves a 0.25% return, which is significantly lower than SCHX's 7.91% return.

SELV

• 1D: -0.58%
• 1M: -2.45%
• YTD: 0.25%
• 6M: -0.53%
• 1Y: 6.37%
• 3Y*: 10.21%
• 5Y*: —
• 10Y*: —

SCHX

• 1D: -0.07%
• 1M: -1.94%
• YTD: 7.91%
• 6M: 6.56%
• 1Y: 21.54%
• 3Y*: 20.85%
• 5Y*: 12.33%
• 10Y*: 15.68%

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

SELV vs. SCHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SELV SEI Enhanced Low Volatility US Large Cap ETF	0.25%	12.86%	14.71%	6.58%	-0.61%
SCHX Schwab U.S. Large-Cap ETF	7.91%	17.46%	24.88%	26.84%	-5.31%

Correlation

The correlation between SELV and SCHX is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (All Time) Calculated using the full available price history since May 18, 2022	0.70

Over the past year, the correlation between SELV and SCHX has dropped to 0.32 - well below their long-term average of 0.70, suggesting their price drivers have been diverging.

SELV vs. SCHX - Sectors Allocation Comparison

Sectors	SELV	SCHX
Technology	21.4%	37.8%
Healthcare	17.0%	8.5%
Communication Services	15.8%	9.8%
Consumer Defensive	12.3%	4.5%
Utilities	7.6%	2.6%
Industrials	7.5%	8.8%
Consumer Cyclical	4.9%	9.4%
Financial Services	4.8%	10.4%
Energy	4.3%	3.1%
Basic Materials	2.8%	1.8%
Real Estate	0.1%	2.0%

Return for Risk

SELV vs. SCHX — Risk / Return Rank

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

SELV

SELV Risk / Return Rank: 22
SELV Sharpe Ratio Rank: 21
SELV Sortino Ratio Rank: 20
SELV Omega Ratio Rank: 19
SELV Calmar Ratio Rank: 24
SELV Martin Ratio Rank: 24

SCHX

SCHX Risk / Return Rank: 59
SCHX Sharpe Ratio Rank: 60
SCHX Sortino Ratio Rank: 57
SCHX Omega Ratio Rank: 58
SCHX Calmar Ratio Rank: 56
SCHX Martin Ratio Rank: 65

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. SCHX - 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 Schwab U.S. Large-Cap ETF (SCHX). 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	SCHX	Difference
Sharpe ratio: Return per unit of total volatility	0.71	1.72	-1.01
Sortino ratio: Return per unit of downside risk	1.06	2.36	-1.30
Omega ratio: Gain probability vs. loss probability	1.13	1.31	-0.19
Calmar ratio: Return relative to maximum drawdown	1.08	2.40	-1.32
Martin ratio: Return relative to average drawdown	2.90	10.41	-7.51

SELV vs. SCHX - Sharpe Ratio Comparison

The current SELV Sharpe Ratio is 0.71, which is lower than the SCHX Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of SELV and SCHX, 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. SCHX - Drawdown Comparison

The maximum SELV drawdown since its inception was -13.73%, smaller than the maximum SCHX drawdown of -34.33%. Use the drawdown chart below to compare losses from any high point for SELV and SCHX.

Drawdown Indicators

	SELV	SCHX	Difference
Max Drawdown Largest peak-to-trough decline	-13.73%	-34.33%	+20.60%
Max Drawdown (1Y) Largest decline over 1 year	-5.92%	-9.02%	+3.10%
Max Drawdown (3Y) Largest decline over 3 years	-8.94%	-19.04%	+10.10%
Max Drawdown (5Y) Largest decline over 5 years	—	-25.41%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.33%	—
Current Drawdown Current decline from peak	-4.54%	-3.22%	-1.32%
Average Drawdown Average peak-to-trough decline	-2.38%	-3.96%	+1.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.20%	2.07%	+0.13%

Volatility

SELV vs. SCHX - Volatility Comparison

The current volatility for SEI Enhanced Low Volatility US Large Cap ETF (SELV) is 3.11%, while Schwab U.S. Large-Cap ETF (SCHX) has a volatility of 4.80%. This indicates that SELV experiences smaller price fluctuations and is considered to be less risky than SCHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SELV	SCHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.11%	4.80%	-1.69%
Volatility (6M) Calculated over the trailing 6-month period	6.83%	9.88%	-3.05%
Volatility (1Y) Calculated over the trailing 1-year period	9.03%	12.57%	-3.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.89%	17.22%	-5.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.89%	18.16%	-6.27%

SELV vs. SCHX - Expense Ratio Comparison

SELV has a 0.15% expense ratio, which is higher than SCHX's 0.03% 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. SCHX - Dividend Comparison

SELV's dividend yield for the trailing twelve months is around 1.78%, more than SCHX's 1.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCHX Schwab U.S. Large-Cap ETF	1.05%	1.09%	1.22%	1.39%	1.64%	1.22%	1.64%	1.82%	2.02%	1.70%	1.92%	2.04%
SELV SEI Enhanced Low Volatility US Large Cap ETF	1.78%	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 SCHX in my portfolio?

SELV and SCHX have a correlation of 0.32, 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 SCHX?

SCHX has higher volatility (4.80%) compared to SELV (3.11%). In terms of maximum drawdown, SELV dropped -13.73% vs SCHX's -34.33%.

Which ETF is better, SELV or SCHX?

On 3-year performance, SCHX leads with 20.85% vs 10.21% for SELV. On fees, SCHX is cheaper at 0.03% per year. On volatility, SELV has been the lower-risk option at 3.11%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SELV or SCHX?

Over the 3-year period, SCHX has performed better with a 20.85% return vs 10.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SELV or SCHX?

SCHX is cheaper with a 0.03% expense ratio, compared with 0.15% for SELV.

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

SELV has the higher dividend yield at 1.78%, compared with 1.05% for SCHX.

What is the main difference between SELV and SCHX?

They also come from different issuers: SEI and Charles Schwab. Their fees differ too: 0.15% for SELV and 0.03% for SCHX.

Which has better risk-adjusted returns?

SCHX currently has the higher Sharpe Ratio (1.72 vs 0.71), 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.