SHRY vs. SELV

Last updated Jul 17, 2026

SHRY (First Trust Bloomberg Shareholder Yield ETF) and SELV (SEI Enhanced Low Volatility US Large Cap ETF) are both Large Cap Blend Equities funds. SHRY is passively managed, while SELV is actively managed. Over the past 3 years, SHRY returned 12.86%/yr vs 11.58%/yr for SELV. Their correlation of 0.83 suggests significant overlap in exposure. SHRY charges 0.60%/yr vs 0.15%/yr for SELV.

Performance

SHRY vs. SELV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Bloomberg Shareholder Yield ETF (SHRY) and SEI Enhanced Low Volatility US Large Cap ETF (SELV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SHRY achieves a 8.16% return, which is significantly higher than SELV's 5.03% return.

SHRY

• 1D: 1.73%
• 1M: 4.13%
• 6M: 5.06%
• YTD: 8.16%
• 1Y: 8.53%
• 3Y*: 12.86%
• 5Y*: 8.84%
• 10Y*: —

SELV

• 1D: 2.00%
• 1M: 2.54%
• 6M: 3.27%
• YTD: 5.03%
• 1Y: 11.14%
• 3Y*: 11.58%
• 5Y*: —
• 10Y*: —

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

SHRY vs. SELV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SHRY First Trust Bloomberg Shareholder Yield ETF	8.16%	7.29%	17.27%	17.47%	-3.67%
SELV SEI Enhanced Low Volatility US Large Cap ETF	5.03%	12.86%	14.71%	6.58%	-0.61%

Correlation

The correlation between SHRY and SELV is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (All Time) Calculated using the full available price history since May 18, 2022	0.83

The correlation between SHRY and SELV shifts across timeframes, from 0.71 (1 year) to 0.83 (all time), reflecting how their relationship changes across market environments.

SHRY vs. SELV - Sectors Allocation Comparison

Sectors	SHRY	SELV
Financial Services	22.7%	4.8%
Technology	20.5%	21.4%
Communication Services	12.4%	15.8%
Energy	10.2%	4.3%
Consumer Defensive	10.0%	12.3%
Industrials	8.1%	7.5%
Healthcare	8.1%	17.0%
Consumer Cyclical	7.4%	4.9%
Basic Materials	0.7%	2.8%
Real Estate	-	0.1%
Utilities	-	7.6%

Return for Risk

SHRY vs. SELV — Risk / Return Rank

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

SHRY

SHRY Risk / Return Rank: 26
SHRY Sharpe Ratio Rank: 26
SHRY Sortino Ratio Rank: 24
SHRY Omega Ratio Rank: 23
SHRY Calmar Ratio Rank: 29
SHRY Martin Ratio Rank: 27

SELV

SELV Risk / Return Rank: 41
SELV Sharpe Ratio Rank: 40
SELV Sortino Ratio Rank: 40
SELV Omega Ratio Rank: 38
SELV Calmar Ratio Rank: 46
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.

SHRY vs. SELV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Bloomberg Shareholder Yield ETF (SHRY) and SEI Enhanced Low Volatility US Large Cap ETF (SELV). 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.

	SHRY	SELV	Difference
Sharpe ratio: Return per unit of total volatility	0.77	1.18	-0.41
Sortino ratio: Return per unit of downside risk	1.15	1.74	-0.59
Omega ratio: Gain probability vs. loss probability	1.14	1.21	-0.07
Calmar ratio: Return relative to maximum drawdown	1.19	1.89	-0.70
Martin ratio: Return relative to average drawdown	2.95	5.03	-2.08

SHRY vs. SELV - Sharpe Ratio Comparison

The current SHRY Sharpe Ratio is 0.77, which is lower than the SELV Sharpe Ratio of 1.18. The chart below compares the historical Sharpe Ratios of SHRY and SELV, 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

SHRY vs. SELV - Drawdown Comparison

The maximum SHRY drawdown since its inception was -36.67%, which is greater than SELV's maximum drawdown of -13.73%. Use the drawdown chart below to compare losses from any high point for SHRY and SELV.

Drawdown Indicators

	SHRY	SELV	Difference
Max Drawdown Largest peak-to-trough decline	-36.67%	-13.73%	-22.94%
Max Drawdown (1Y) Largest decline over 1 year	-7.20%	-5.92%	-1.28%
Max Drawdown (3Y) Largest decline over 3 years	-15.34%	-8.94%	-6.40%
Max Drawdown (5Y) Largest decline over 5 years	-23.94%	—	—
Current Drawdown Current decline from peak	-0.10%	0.00%	-0.10%
Average Drawdown Average peak-to-trough decline	-5.02%	-2.37%	-2.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.90%	2.22%	+0.68%

Volatility

SHRY vs. SELV - Volatility Comparison

The current volatility for First Trust Bloomberg Shareholder Yield ETF (SHRY) is 4.04%, while SEI Enhanced Low Volatility US Large Cap ETF (SELV) has a volatility of 4.60%. This indicates that SHRY experiences smaller price fluctuations and is considered to be less risky than SELV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SHRY	SELV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.04%	4.60%	-0.56%
Volatility (6M) Calculated over the trailing 6-month period	8.04%	7.67%	+0.37%
Volatility (1Y) Calculated over the trailing 1-year period	11.14%	9.53%	+1.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.71%	11.95%	+3.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.13%	11.95%	+6.18%

SHRY vs. SELV - Expense Ratio Comparison

SHRY has a 0.60% expense ratio, which is higher than SELV's 0.15% expense ratio.

Dividends

SHRY vs. SELV - Dividend Comparison

SHRY's dividend yield for the trailing twelve months is around 1.65%, less than SELV's 1.70% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
SELV SEI Enhanced Low Volatility US Large Cap ETF	1.70%	1.74%	1.77%	2.06%	1.26%	0.00%	0.00%	0.00%	0.00%	0.00%
SHRY First Trust Bloomberg Shareholder Yield ETF	1.65%	1.73%	1.76%	1.49%	1.52%	0.98%	1.65%	1.54%	1.89%	0.55%

Frequently Asked Questions

Can I hold both SHRY and SELV in my portfolio?

SHRY and SELV have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SHRY or SELV?

SELV has higher volatility (4.60%) compared to SHRY (4.04%). In terms of maximum drawdown, SHRY dropped -36.67% vs SELV's -13.73%.

Which ETF is better, SHRY or SELV?

On 3-year performance, SHRY leads with 12.86% vs 11.58% for SELV. On fees, SELV is cheaper at 0.15% per year. On volatility, SHRY has been the lower-risk option at 4.04%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SHRY or SELV?

Over the 3-year period, SHRY has performed better with a 12.86% return vs 11.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SHRY or SELV?

SELV is cheaper with a 0.15% expense ratio, compared with 0.60% for SHRY.

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

SELV has the higher dividend yield at 1.70%, compared with 1.65% for SHRY.

What is the main difference between SHRY and SELV?

They also come from different issuers: First Trust and SEI. Their fees differ too: 0.60% for SHRY and 0.15% for SELV.

Which has better risk-adjusted returns?

SELV currently has the higher Sharpe Ratio (1.18 vs 0.77), 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.