SELV vs. TEXN

Last updated Apr 2, 2026

Compare and contrast key facts about SEI Enhanced Low Volatility US Large Cap ETF (SELV) and iShares Texas Equity ETF (TEXN).

SELV and TEXN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SELV is an actively managed fund by SEI. It was launched on May 16, 2022. TEXN is a passively managed fund by iShares that tracks the performance of the Russell Texas Equity Index. It was launched on Jun 23, 2025.

Performance

SELV vs. TEXN - 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 iShares Texas Equity ETF (TEXN). The values are adjusted to include any dividend payments, if applicable.

SELV vs. TEXN - Yearly Performance Comparison

	2026 (YTD)	2025
SELV SEI Enhanced Low Volatility US Large Cap ETF	0.06%	5.32%
TEXN iShares Texas Equity ETF	12.67%	8.16%

Returns By Period

In the year-to-date period, SELV achieves a 0.06% return, which is significantly lower than TEXN's 12.67% return.

SELV

• 1D: -0.03%
• 1M: -4.52%
• YTD: 0.06%
• 6M: 2.34%
• 1Y: 7.52%
• 3Y*: 10.73%
• 5Y*: —
• 10Y*: —

TEXN

• 1D: 1.53%
• 1M: 0.90%
• YTD: 12.67%
• 6M: 10.48%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SELV vs. TEXN - Expense Ratio Comparison

SELV has a 0.15% expense ratio, which is lower than TEXN's 0.20% 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%.

TEXN

iShares Texas Equity ETF

SELV

SEI Enhanced Low Volatility US Large Cap ETF

Return for Risk

SELV vs. TEXN — Risk / Return Rank

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

SELV

SELV Risk / Return Rank: 33
SELV Sharpe Ratio Rank: 31
SELV Sortino Ratio Rank: 31
SELV Omega Ratio Rank: 30
SELV Calmar Ratio Rank: 31
SELV Martin Ratio Rank: 40

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. TEXN - 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 iShares Texas Equity ETF (TEXN). 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.

	SELV	TEXN	Difference
Sharpe ratio Return per unit of total volatility	0.62	—	—
Sortino ratio Return per unit of downside risk	0.94	—	—
Omega ratio Gain probability vs. loss probability	1.13	—	—
Calmar ratio Return relative to maximum drawdown	0.85	—	—
Martin ratio Return relative to average drawdown	4.03	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SELV	TEXN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.62	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	1.99	-1.23

Correlation

The correlation between SELV and TEXN is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

SELV vs. TEXN - Dividend Comparison

SELV's dividend yield for the trailing twelve months is around 1.74%, more than TEXN's 1.13% yield.

	TTM	2025	2024	2023	2022
SELV SEI Enhanced Low Volatility US Large Cap ETF	1.74%	1.74%	1.77%	2.06%	1.26%
TEXN iShares Texas Equity ETF	1.13%	0.86%	0.00%	0.00%	0.00%

Drawdowns

SELV vs. TEXN - Drawdown Comparison

The maximum SELV drawdown since its inception was -13.73%, which is greater than TEXN's maximum drawdown of -6.34%. Use the drawdown chart below to compare losses from any high point for SELV and TEXN.

Drawdown Indicators

	SELV	TEXN	Difference
Max Drawdown Largest peak-to-trough decline	-13.73%	-6.34%	-7.39%
Max Drawdown (1Y) Largest decline over 1 year	-8.87%	—	—
Current Drawdown Current decline from peak	-4.72%	-0.54%	-4.18%
Average Drawdown Average peak-to-trough decline	-2.31%	-1.27%	-1.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.87%	—	—

Volatility

Volatility by Period

	SELV	TEXN	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.65%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.23%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.25%	14.82%	-2.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.94%	14.82%	-2.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.94%	14.82%	-2.88%