VFMO vs. SEIM

Last updated Aug 5, 2026

VFMO (Vanguard U.S. Momentum Factor ETF) and SEIM (SEI QiM U.S. Large Cap Momentum Active ETF) are both Momentum funds. Both are actively managed. Over the past 3 years, VFMO returned 25.40%/yr vs 28.92%/yr for SEIM. Their correlation of 0.89 means they have usually moved in the same direction. VFMO charges 0.13%/yr vs 0.15%/yr for SEIM.

Performance

VFMO vs. SEIM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard U.S. Momentum Factor ETF (VFMO) and SEI QiM U.S. Large Cap Momentum Active ETF (SEIM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VFMO achieves a 22.74% return, which is significantly higher than SEIM's 20.27% return.

VFMO

• 1D: 3.23%
• 1M: -0.92%
• 6M: 13.59%
• YTD: 22.74%
• 1Y: 33.91%
• 3Y*: 25.40%
• 5Y*: 13.53%
• 10Y*: —
• ALL TIME*: 15.04%

SEIM

• 1D: 2.77%
• 1M: 2.11%
• 6M: 15.75%
• YTD: 20.27%
• 1Y: 28.83%
• 3Y*: 28.92%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 20.66%

*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)
SEIM SEI QiM U.S. Large Cap Momentum Active ETF	$5.90M	$6.85M	$5.18M
VFMO Vanguard U.S. Momentum Factor ETF	$17.21M	$17.43M	$17.03M

VFMO vs. SEIM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
VFMO Vanguard U.S. Momentum Factor ETF	22.74%	17.39%	26.14%	16.25%	-0.79%
SEIM SEI QiM U.S. Large Cap Momentum Active ETF	20.27%	20.20%	39.12%	16.25%	-5.62%

Correlation

The correlation between VFMO and SEIM is 0.89, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.89
Correlation (3Y) Balances recent behavior with more history.	0.89
Correlation (All Time) Calculated using the full available price history since May 18, 2022	0.89

The correlation between VFMO and SEIM has been stable across timeframes, ranging from 0.89 to 0.89 - a consistent structural relationship.

VFMO vs. SEIM - Sectors Allocation Comparison

Sectors	VFMO	SEIM
Industrials	24.7%	3.4%
Healthcare	22.9%	9.5%
Technology	17.5%	29.5%
Consumer Cyclical	8.7%	7.2%
Energy	7.3%	11.8%
Financial Services	6.5%	8.1%
Basic Materials	6.4%	8.1%
Communication Services	3.4%	4.4%
Consumer Defensive	2.5%	7.9%
Utilities	0.2%	2.4%
Real Estate	0.1%	7.2%

Return for Risk

VFMO vs. SEIM — Risk / Return Rank

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

VFMO

VFMO Risk / Return Rank: 55
VFMO Sharpe Ratio Rank: 50
VFMO Sortino Ratio Rank: 48
VFMO Omega Ratio Rank: 47
VFMO Calmar Ratio Rank: 62
VFMO Martin Ratio Rank: 66

SEIM

SEIM Risk / Return Rank: 63
SEIM Sharpe Ratio Rank: 57
SEIM Sortino Ratio Rank: 56
SEIM Omega Ratio Rank: 54
SEIM Calmar Ratio Rank: 73
SEIM Martin Ratio Rank: 74

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.

VFMO vs. SEIM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard U.S. Momentum Factor ETF (VFMO) and SEI QiM U.S. Large Cap Momentum Active ETF (SEIM). 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.

	VFMO	SEIM	Difference
Sharpe ratio: Return per unit of total volatility	1.41	1.55	-0.14
Sortino ratio: Return per unit of downside risk	1.96	2.18	-0.23
Omega ratio: Gain probability vs. loss probability	1.25	1.27	-0.02
Calmar ratio: Return relative to maximum drawdown	2.44	2.88	-0.44
Martin ratio: Return relative to average drawdown	8.91	10.42	-1.51

VFMO vs. SEIM - Sharpe Ratio Comparison

The current VFMO Sharpe Ratio is 1.41, which is comparable to the SEIM Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of VFMO and SEIM, 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

VFMO vs. SEIM - Drawdown Comparison

The maximum VFMO drawdown since its inception was -36.77%, which is greater than SEIM's maximum drawdown of -22.17%. Use the drawdown chart below to compare losses from any high point for VFMO and SEIM.

Drawdown Indicators

	VFMO	SEIM	Difference
Max Drawdown Largest peak-to-trough decline	-36.77%	-22.17%	-14.60%
Max Drawdown (1Y) Largest decline over 1 year	-13.97%	-10.07%	-3.90%
Max Drawdown (3Y) Largest decline over 3 years	-24.40%	-22.17%	-2.23%
Max Drawdown (5Y) Largest decline over 5 years	-25.80%	—	—
Current Drawdown Current decline from peak	-6.21%	-1.38%	-4.83%
Average Drawdown Average peak-to-trough decline	-7.71%	-3.96%	-3.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.82%	2.78%	+1.04%

Volatility

VFMO vs. SEIM - Volatility Comparison

Vanguard U.S. Momentum Factor ETF (VFMO) has a higher volatility of 9.25% compared to SEI QiM U.S. Large Cap Momentum Active ETF (SEIM) at 6.85%. This indicates that VFMO's price experiences larger fluctuations and is considered to be riskier than SEIM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VFMO	SEIM	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.25%	6.85%	+2.40%
Volatility (6M) Calculated over the trailing 6-month period	19.56%	15.78%	+3.78%
Volatility (1Y) Calculated over the trailing 1-year period	24.20%	18.78%	+5.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.17%	19.22%	+2.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.75%	19.22%	+4.53%

VFMO vs. SEIM - Expense Ratio Comparison

VFMO has a 0.13% expense ratio, which is lower than SEIM'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

VFMO vs. SEIM - Dividend Comparison

VFMO's dividend yield for the trailing twelve months is around 0.60%, more than SEIM's 0.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
SEIM SEI QiM U.S. Large Cap Momentum Active ETF	0.53%	0.56%	0.48%	0.89%	1.01%	0.00%	0.00%	0.00%	0.00%
VFMO Vanguard U.S. Momentum Factor ETF	0.60%	0.82%	0.72%	0.89%	1.72%	0.81%	0.45%	1.22%	0.70%

Frequently Asked Questions

Can I hold both VFMO and SEIM in my portfolio?

VFMO and SEIM have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VFMO or SEIM?

VFMO has higher volatility (9.25%) compared to SEIM (6.85%). In terms of maximum drawdown, VFMO dropped -36.77% vs SEIM's -22.17%.

Which ETF is better, VFMO or SEIM?

On 3-year performance, SEIM leads with 28.92% vs 25.40% for VFMO. On fees, VFMO is cheaper at 0.13% per year. On volatility, SEIM has been the lower-risk option at 6.85%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VFMO or SEIM?

Over the 3-year period, SEIM has performed better with a 28.92% return vs 25.40%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VFMO or SEIM?

VFMO is cheaper with a 0.13% expense ratio, compared with 0.15% for SEIM.

Which ETF pays a higher dividend yield, VFMO or SEIM?

VFMO has the higher dividend yield at 0.60%, compared with 0.53% for SEIM.

What is the main difference between VFMO and SEIM?

They also come from different issuers: Vanguard and SEI. Their fees differ too: 0.13% for VFMO and 0.15% for SEIM.

Which has better risk-adjusted returns?

SEIM currently has the higher Sharpe Ratio (1.55 vs 1.41), 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.