USFI vs. SEIX

Last updated Jul 30, 2026

USFI (BrandywineGLOBAL - U.S. Fixed Income ETF) and SEIX (Virtus Seix Senior Loan ETF) are both exchange-traded funds - USFI is a Actively Managed fund actively managed by BrandywineGLOBAL, while SEIX is a Bank Loan fund actively managed by Virtus. Both are actively managed. Over the past 3 years, USFI returned 3.61%/yr vs 7.24%/yr for SEIX. Their -0.01 correlation means they have often moved in opposite directions in the past. USFI charges 0.39%/yr vs 0.57%/yr for SEIX.

Performance

USFI vs. SEIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BrandywineGLOBAL - U.S. Fixed Income ETF (USFI) and Virtus Seix Senior Loan ETF (SEIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, USFI achieves a 0.45% return, which is significantly lower than SEIX's 2.87% return.

USFI

• 1D: -0.33%
• 1M: -1.09%
• 6M: 0.39%
• YTD: 0.45%
• 1Y: 3.87%
• 3Y*: 3.61%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 3.79%

SEIX

• 1D: -0.11%
• 1M: 0.73%
• 6M: 2.64%
• YTD: 2.87%
• 1Y: 5.18%
• 3Y*: 7.24%
• 5Y*: 5.77%
• 10Y*: —
• ALL TIME*: 5.34%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SEIX Virtus Seix Senior Loan ETF	$1.93M	$1.60M	$1.87M
USFI BrandywineGLOBAL - U.S. Fixed Income ETF	$228.87	$276.61	$7.08K

USFI vs. SEIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
USFI BrandywineGLOBAL - U.S. Fixed Income ETF	0.45%	6.96%	1.11%	2.95%
SEIX Virtus Seix Senior Loan ETF	2.87%	5.10%	8.42%	5.35%

Correlation

The correlation between USFI and SEIX is 0.04, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.04
Correlation (3Y) Balances recent behavior with more history.	-0.01
Correlation (All Time) Calculated using the full available price history since Jul 27, 2023	-0.01

Return for Risk

USFI vs. SEIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

USFI

USFI Risk / Return Rank: 65
USFI Sharpe Ratio Rank: 53
USFI Sortino Ratio Rank: 60
USFI Omega Ratio Rank: 53
USFI Calmar Ratio Rank: 88
USFI Martin Ratio Rank: 72

SEIX

SEIX Risk / Return Rank: 96
SEIX Sharpe Ratio Rank: 97
SEIX Sortino Ratio Rank: 97
SEIX Omega Ratio Rank: 97
SEIX Calmar Ratio Rank: 94
SEIX Martin Ratio Rank: 94

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

USFI vs. SEIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BrandywineGLOBAL - U.S. Fixed Income ETF (USFI) and Virtus Seix Senior Loan ETF (SEIX). 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.

	USFI	SEIX	Difference
Sharpe ratio: Return per unit of total volatility	1.21	3.20	-1.99
Sortino ratio: Return per unit of downside risk	1.95	5.08	-3.13
Omega ratio: Gain probability vs. loss probability	1.23	1.69	-0.47
Calmar ratio: Return relative to maximum drawdown	3.52	4.61	-1.09
Martin ratio: Return relative to average drawdown	8.32	18.32	-10.00

USFI vs. SEIX - Sharpe Ratio Comparison

The current USFI Sharpe Ratio is 1.21, which is lower than the SEIX Sharpe Ratio of 3.20. The chart below compares the historical Sharpe Ratios of USFI and SEIX, 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

USFI vs. SEIX - Drawdown Comparison

The maximum USFI drawdown since its inception was -8.47%, smaller than the maximum SEIX drawdown of -17.51%. Use the drawdown chart below to compare losses from any high point for USFI and SEIX.

Drawdown Indicators

	USFI	SEIX	Difference
Max Drawdown Largest peak-to-trough decline	-8.47%	-17.51%	+9.04%
Max Drawdown (1Y) Largest decline over 1 year	-1.11%	-1.13%	+0.02%
Max Drawdown (3Y) Largest decline over 3 years	-8.47%	-3.01%	-5.46%
Max Drawdown (5Y) Largest decline over 5 years	—	-6.69%	—
Current Drawdown Current decline from peak	-1.11%	-0.26%	-0.85%
Average Drawdown Average peak-to-trough decline	-2.06%	-0.86%	-1.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.47%	0.28%	+0.19%

Volatility

USFI vs. SEIX - Volatility Comparison

BrandywineGLOBAL - U.S. Fixed Income ETF (USFI) has a higher volatility of 0.80% compared to Virtus Seix Senior Loan ETF (SEIX) at 0.43%. This indicates that USFI's price experiences larger fluctuations and is considered to be riskier than SEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	USFI	SEIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.80%	0.43%	+0.37%
Volatility (6M) Calculated over the trailing 6-month period	1.65%	1.35%	+0.30%
Volatility (1Y) Calculated over the trailing 1-year period	3.22%	1.63%	+1.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.85%	2.92%	+3.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.85%	4.30%	+2.55%

USFI vs. SEIX - Expense Ratio Comparison

USFI has a 0.39% expense ratio, which is lower than SEIX's 0.57% expense ratio.

Dividends

USFI vs. SEIX - Dividend Comparison

USFI's dividend yield for the trailing twelve months is around 4.46%, less than SEIX's 7.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
SEIX Virtus Seix Senior Loan ETF	7.17%	7.52%	8.09%	8.74%	5.76%	4.16%	3.75%	3.82%
USFI BrandywineGLOBAL - U.S. Fixed Income ETF	4.46%	4.42%	4.60%	1.83%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both USFI and SEIX in my portfolio?

USFI and SEIX have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, USFI or SEIX?

USFI has higher volatility (0.80%) compared to SEIX (0.43%). In terms of maximum drawdown, USFI dropped -8.47% vs SEIX's -17.51%.

Which ETF is better, USFI or SEIX?

On 3-year performance, SEIX leads with 7.24% vs 3.61% for USFI. On fees, USFI is cheaper at 0.39% per year. On volatility, SEIX has been the lower-risk option at 0.43%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, USFI or SEIX?

Over the 3-year period, SEIX has performed better with a 7.24% return vs 3.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, USFI or SEIX?

USFI is cheaper with a 0.39% expense ratio, compared with 0.57% for SEIX.

Which ETF pays a higher dividend yield, USFI or SEIX?

SEIX has the higher dividend yield at 7.17%, compared with 4.46% for USFI.

What is the main difference between USFI and SEIX?

USFI is categorized as Actively Managed, while SEIX is Bank Loan. They also come from different issuers: BrandywineGLOBAL and Virtus. Their fees differ too: 0.39% for USFI and 0.57% for SEIX.

Which has better risk-adjusted returns?

SEIX currently has the higher Sharpe Ratio (3.20 vs 1.21), 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.