SPMV vs. SELV

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco S&P 500 Minimum Variance ETF (SPMV) and SEI Enhanced Low Volatility US Large Cap ETF (SELV).

SPMV and SELV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPMV is a passively managed fund by Invesco that tracks the performance of the S&P 500 Minimum Volatility Index. It was launched on Jul 13, 2017. SELV is an actively managed fund by SEI. It was launched on May 16, 2022.

Performance

SPMV vs. SELV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 500 Minimum Variance ETF (SPMV) and SEI Enhanced Low Volatility US Large Cap ETF (SELV). The values are adjusted to include any dividend payments, if applicable.

SPMV vs. SELV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SPMV Invesco S&P 500 Minimum Variance ETF	0.87%	11.69%	18.78%	10.28%	1.91%
SELV SEI Enhanced Low Volatility US Large Cap ETF	0.06%	12.86%	14.71%	6.58%	1.38%

Returns By Period

SPMV

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SELV

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

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

SPMV vs. SELV - Expense Ratio Comparison

SPMV has a 0.10% expense ratio, which is lower than SELV's 0.15% 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%.

SELV

SEI Enhanced Low Volatility US Large Cap ETF

SPMV

Invesco S&P 500 Minimum Variance ETF

Return for Risk

SPMV vs. SELV — 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.

SPMV vs. SELV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Minimum Variance ETF (SPMV) 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.

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

Sharpe Ratios by Period

	SPMV	SELV	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	—

Correlation

The correlation between SPMV and SELV is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

SPMV vs. SELV - Dividend Comparison

SPMV's dividend yield for the trailing twelve months is around 1.45%, less than SELV's 1.74% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
SPMV Invesco S&P 500 Minimum Variance ETF	1.45%	1.53%	1.53%	2.28%	1.79%	1.28%	1.71%	3.13%	2.11%	1.72%
SELV SEI Enhanced Low Volatility US Large Cap ETF	1.74%	1.74%	1.77%	2.06%	1.26%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

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

Volatility

Volatility by Period

	SPMV	SELV	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%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	11.94%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	11.94%	—