USPX vs. SELV

Last updated Jul 14, 2026

USPX (Franklin U.S. Equity Index ETF) and SELV (SEI Enhanced Low Volatility US Large Cap ETF) are both Large Cap Blend Equities funds. USPX is passively managed, while SELV is actively managed. Over the past 3 years, USPX returned 20.10%/yr vs 11.44%/yr for SELV. A 0.68 correlation means they provide meaningful diversification when combined. USPX charges 0.03%/yr vs 0.15%/yr for SELV.

Performance

USPX vs. SELV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin U.S. Equity Index ETF (USPX) 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, USPX achieves a 10.16% return, which is significantly higher than SELV's 4.65% return.

USPX

• 1D: -0.76%
• 1M: 1.32%
• 6M: 8.11%
• YTD: 10.16%
• 1Y: 20.97%
• 3Y*: 20.10%
• 5Y*: 11.98%
• 10Y*: 12.30%

SELV

• 1D: 0.81%
• 1M: 1.85%
• 6M: 3.60%
• YTD: 4.65%
• 1Y: 10.70%
• 3Y*: 11.44%
• 5Y*: —
• 10Y*: —

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

USPX vs. SELV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
USPX Franklin U.S. Equity Index ETF	10.16%	17.78%	24.97%	27.07%	-9.33%
SELV SEI Enhanced Low Volatility US Large Cap ETF	4.65%	12.86%	14.71%	6.58%	-0.61%

Correlation

The correlation between USPX and SELV is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (All Time) Calculated using the full available price history since May 18, 2022	0.68

Over the past year, the correlation between USPX and SELV has dropped to 0.25 - well below their long-term average of 0.68, suggesting their price drivers have been diverging.

USPX vs. SELV - Sectors Allocation Comparison

Sectors	USPX	SELV
Technology	37.7%	21.4%
Financial Services	12.1%	4.8%
Communication Services	9.8%	15.8%
Consumer Cyclical	9.4%	4.9%
Healthcare	9.2%	17.0%
Industrials	8.0%	7.5%
Consumer Defensive	4.5%	12.3%
Utilities	2.7%	7.6%
Energy	2.2%	4.3%
Real Estate	1.7%	0.1%
Basic Materials	1.7%	2.8%

Return for Risk

USPX vs. SELV — Risk / Return Rank

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

USPX

USPX Risk / Return Rank: 63
USPX Sharpe Ratio Rank: 63
USPX Sortino Ratio Rank: 62
USPX Omega Ratio Rank: 62
USPX Calmar Ratio Rank: 58
USPX Martin Ratio Rank: 69

SELV

SELV Risk / Return Rank: 41
SELV Sharpe Ratio Rank: 41
SELV Sortino Ratio Rank: 41
SELV Omega Ratio Rank: 38
SELV Calmar Ratio Rank: 45
SELV Martin Ratio Rank: 39

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.

USPX vs. SELV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin U.S. Equity Index ETF (USPX) 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.

	USPX	SELV	Difference
Sharpe ratio: Return per unit of total volatility	1.66	1.16	+0.49
Sortino ratio: Return per unit of downside risk	2.29	1.71	+0.58
Omega ratio: Gain probability vs. loss probability	1.30	1.20	+0.09
Calmar ratio: Return relative to maximum drawdown	2.30	1.81	+0.49
Martin ratio: Return relative to average drawdown	9.87	4.84	+5.03

USPX vs. SELV - Sharpe Ratio Comparison

The current USPX Sharpe Ratio is 1.66, which is higher than the SELV Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of USPX 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

USPX vs. SELV - Drawdown Comparison

The maximum USPX drawdown since its inception was -31.21%, which is greater than SELV's maximum drawdown of -13.73%. Use the drawdown chart below to compare losses from any high point for USPX and SELV.

Drawdown Indicators

	USPX	SELV	Difference
Max Drawdown Largest peak-to-trough decline	-31.21%	-13.73%	-17.48%
Max Drawdown (1Y) Largest decline over 1 year	-9.15%	-5.92%	-3.23%
Max Drawdown (3Y) Largest decline over 3 years	-19.21%	-8.94%	-10.27%
Max Drawdown (5Y) Largest decline over 5 years	-24.60%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-31.21%	—	—
Current Drawdown Current decline from peak	-1.19%	-0.34%	-0.85%
Average Drawdown Average peak-to-trough decline	-4.42%	-2.37%	-2.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	2.21%	-0.08%

Volatility

USPX vs. SELV - Volatility Comparison

Franklin U.S. Equity Index ETF (USPX) and SEI Enhanced Low Volatility US Large Cap ETF (SELV) have volatilities of 3.95% and 3.86%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	USPX	SELV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.95%	3.86%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	10.14%	7.24%	+2.90%
Volatility (1Y) Calculated over the trailing 1-year period	12.74%	9.26%	+3.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.28%	11.90%	+4.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.95%	11.90%	+4.05%

USPX vs. SELV - Expense Ratio Comparison

USPX has a 0.03% 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

USPX vs. SELV - Dividend Comparison

USPX's dividend yield for the trailing twelve months is around 1.09%, less than SELV's 1.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
SELV SEI Enhanced Low Volatility US Large Cap ETF	1.71%	1.74%	1.77%	2.06%	1.26%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
USPX Franklin U.S. Equity Index ETF	1.09%	1.07%	1.23%	1.35%	2.21%	2.40%	2.51%	3.07%	2.91%	2.60%	4.89%

Frequently Asked Questions

Can I hold both USPX and SELV in my portfolio?

USPX and SELV have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, USPX or SELV?

USPX has higher volatility (3.95%) compared to SELV (3.86%). In terms of maximum drawdown, USPX dropped -31.21% vs SELV's -13.73%.

Which ETF is better, USPX or SELV?

On 3-year performance, USPX leads with 20.10% vs 11.44% for SELV. On fees, USPX is cheaper at 0.03% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, USPX or SELV?

Over the 3-year period, USPX has performed better with a 20.10% return vs 11.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, USPX or SELV?

USPX is cheaper with a 0.03% expense ratio, compared with 0.15% for SELV.

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

SELV has the higher dividend yield at 1.71%, compared with 1.09% for USPX.

What is the main difference between USPX and SELV?

They also come from different issuers: Franklin Templeton and SEI. Their fees differ too: 0.03% for USPX and 0.15% for SELV.

Which has better risk-adjusted returns?

USPX currently has the higher Sharpe Ratio (1.66 vs 1.16), 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.