USCL vs. SELV

Last updated Jul 17, 2026

USCL (iShares Climate Conscious & Transition MSCI USA ETF) and SELV (SEI Enhanced Low Volatility US Large Cap ETF) are both Large Cap Blend Equities funds. USCL is passively managed, while SELV is actively managed. Over the past 3 years, USCL returned 18.26%/yr vs 11.58%/yr for SELV. A 0.57 correlation means they provide meaningful diversification when combined. USCL charges 0.08%/yr vs 0.15%/yr for SELV.

Performance

USCL vs. SELV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Climate Conscious & Transition MSCI USA ETF (USCL) 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, USCL achieves a 7.03% return, which is significantly higher than SELV's 5.03% return.

USCL

• 1D: -0.53%
• 1M: 1.06%
• 6M: 6.65%
• YTD: 7.03%
• 1Y: 15.24%
• 3Y*: 18.26%
• 5Y*: —
• 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)

USCL vs. SELV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
USCL iShares Climate Conscious & Transition MSCI USA ETF	7.03%	14.26%	27.04%	12.71%
SELV SEI Enhanced Low Volatility US Large Cap ETF	5.03%	12.86%	14.71%	4.57%

Correlation

The correlation between USCL and SELV is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.57
Correlation (All Time) Calculated using the full available price history since Jun 8, 2023	0.57

Over the past year, the correlation between USCL and SELV has dropped to 0.29 - well below their long-term average of 0.57, suggesting their price drivers have been diverging.

USCL vs. SELV - Sectors Allocation Comparison

Sectors	USCL	SELV
Technology	40.2%	21.4%
Communication Services	11.6%	15.8%
Consumer Cyclical	10.3%	4.9%
Healthcare	9.8%	17.0%
Financial Services	9.6%	4.8%
Industrials	7.0%	7.5%
Consumer Defensive	4.1%	12.3%
Utilities	2.0%	7.6%
Real Estate	1.8%	0.1%
Energy	1.8%	4.3%
Basic Materials	1.6%	2.8%

Return for Risk

USCL vs. SELV — Risk / Return Rank

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

USCL

USCL Risk / Return Rank: 39
USCL Sharpe Ratio Rank: 41
USCL Sortino Ratio Rank: 38
USCL Omega Ratio Rank: 39
USCL Calmar Ratio Rank: 35
USCL Martin Ratio Rank: 43

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.

USCL vs. SELV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Climate Conscious & Transition MSCI USA ETF (USCL) 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.

	USCL	SELV	Difference
Sharpe ratio: Return per unit of total volatility	1.21	1.18	+0.03
Sortino ratio: Return per unit of downside risk	1.69	1.74	-0.05
Omega ratio: Gain probability vs. loss probability	1.22	1.21	+0.01
Calmar ratio: Return relative to maximum drawdown	1.50	1.89	-0.39
Martin ratio: Return relative to average drawdown	5.58	5.03	+0.55

USCL vs. SELV - Sharpe Ratio Comparison

The current USCL Sharpe Ratio is 1.21, which is comparable to the SELV Sharpe Ratio of 1.18. The chart below compares the historical Sharpe Ratios of USCL 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

USCL vs. SELV - Drawdown Comparison

The maximum USCL drawdown since its inception was -19.00%, which is greater than SELV's maximum drawdown of -13.73%. Use the drawdown chart below to compare losses from any high point for USCL and SELV.

Drawdown Indicators

	USCL	SELV	Difference
Max Drawdown Largest peak-to-trough decline	-19.00%	-13.73%	-5.27%
Max Drawdown (1Y) Largest decline over 1 year	-10.24%	-5.92%	-4.32%
Max Drawdown (3Y) Largest decline over 3 years	-19.00%	-8.94%	-10.06%
Current Drawdown Current decline from peak	-0.87%	0.00%	-0.87%
Average Drawdown Average peak-to-trough decline	-2.27%	-2.37%	+0.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.74%	2.22%	+0.52%

Volatility

USCL vs. SELV - Volatility Comparison

The current volatility for iShares Climate Conscious & Transition MSCI USA ETF (USCL) is 3.41%, while SEI Enhanced Low Volatility US Large Cap ETF (SELV) has a volatility of 4.60%. This indicates that USCL 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

	USCL	SELV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.41%	4.60%	-1.19%
Volatility (6M) Calculated over the trailing 6-month period	10.00%	7.67%	+2.33%
Volatility (1Y) Calculated over the trailing 1-year period	12.70%	9.53%	+3.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.85%	11.95%	+2.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.85%	11.95%	+2.90%

USCL vs. SELV - Expense Ratio Comparison

USCL has a 0.08% 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%.

Dividends

USCL vs. SELV - Dividend Comparison

USCL's dividend yield for the trailing twelve months is around 1.09%, less than SELV's 1.70% yield.

Position	TTM	2025	2024	2023	2022
SELV SEI Enhanced Low Volatility US Large Cap ETF	1.70%	1.74%	1.77%	2.06%	1.26%
USCL iShares Climate Conscious & Transition MSCI USA ETF	1.09%	1.10%	1.18%	0.85%	0.00%

Frequently Asked Questions

Can I hold both USCL and SELV in my portfolio?

USCL and SELV have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, USCL or SELV?

SELV has higher volatility (4.60%) compared to USCL (3.41%). In terms of maximum drawdown, USCL dropped -19.00% vs SELV's -13.73%.

Which ETF is better, USCL or SELV?

On 3-year performance, USCL leads with 18.26% vs 11.58% for SELV. On fees, USCL is cheaper at 0.08% per year. On volatility, USCL has been the lower-risk option at 3.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, USCL or SELV?

Over the 3-year period, USCL has performed better with a 18.26% return vs 11.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, USCL or SELV?

USCL is cheaper with a 0.08% expense ratio, compared with 0.15% for SELV.

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

SELV has the higher dividend yield at 1.70%, compared with 1.09% for USCL.

What is the main difference between USCL and SELV?

They also come from different issuers: iShares and SEI. Their fees differ too: 0.08% for USCL and 0.15% for SELV.

Which has better risk-adjusted returns?

USCL currently has the higher Sharpe Ratio (1.21 vs 1.18), 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.