VPX vs. SELV

Last updated Jul 30, 2026

VPX (Variant Perception Cycle Aware US Equity ETF) and SELV (SEI Enhanced Low Volatility US Large Cap ETF) are both exchange-traded funds - VPX is a Large Cap Blend Equities fund actively managed by Variant Perception, while SELV is a Low Volatility fund actively managed by SEI. Both are actively managed. Their -0.07 correlation means they have often moved in opposite directions in the past. VPX charges 0.75%/yr vs 0.15%/yr for SELV.

Performance

VPX vs. SELV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Variant Perception Cycle Aware US Equity ETF (VPX) and SEI Enhanced Low Volatility US Large Cap ETF (SELV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VPX

• 1D: -1.52%
• 1M: -0.60%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

SELV

• 1D: -0.07%
• 1M: 5.70%
• 6M: 5.94%
• YTD: 7.81%
• 1Y: 13.26%
• 3Y*: 12.32%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 9.76%

*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)
SELV SEI Enhanced Low Volatility US Large Cap ETF	$641.73K	$514.26K	$534.76K
VPX Variant Perception Cycle Aware US Equity ETF	$182.48K	$205.20K	$111.23K

VPX vs. SELV - Yearly Performance Comparison

	2026 (YTD)
VPX Variant Perception Cycle Aware US Equity ETF	18.21%
SELV SEI Enhanced Low Volatility US Large Cap ETF	5.64%

Correlation

The correlation between VPX and SELV is -0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 12, 2026	-0.07

Return for Risk

VPX vs. SELV — Risk / Return Rank

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

VPX

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

SELV

SELV Risk / Return Rank: 59
SELV Sharpe Ratio Rank: 58
SELV Sortino Ratio Rank: 62
SELV Omega Ratio Rank: 57
SELV Calmar Ratio Rank: 65
SELV Martin Ratio Rank: 53

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.

VPX vs. SELV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Variant Perception Cycle Aware US Equity ETF (VPX) 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.

	VPX	SELV	Difference
Sharpe ratio: Return per unit of total volatility	—	1.36	—
Sortino ratio: Return per unit of downside risk	—	2.04	—
Omega ratio: Gain probability vs. loss probability	—	1.24	—
Calmar ratio: Return relative to maximum drawdown	—	2.25	—
Martin ratio: Return relative to average drawdown	—	6.02	—

Drawdowns

VPX vs. SELV - Drawdown Comparison

The maximum VPX drawdown since its inception was -5.91%, smaller than the maximum SELV drawdown of -13.73%. Use the drawdown chart below to compare losses from any high point for VPX and SELV.

Drawdown Indicators

	VPX	SELV	Difference
Max Drawdown Largest peak-to-trough decline	-5.91%	-13.73%	+7.82%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.92%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-8.94%	—
Current Drawdown Current decline from peak	-2.39%	-0.07%	-2.32%
Average Drawdown Average peak-to-trough decline	-0.87%	-2.35%	+1.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.21%	—

Volatility

Volatility by Period

	VPX	SELV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.32%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.89%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.79%	9.78%	+6.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.79%	11.97%	+3.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.79%	11.97%	+3.82%

VPX vs. SELV - Expense Ratio Comparison

VPX has a 0.75% expense ratio, which is higher than SELV's 0.15% expense ratio.

Dividends

VPX vs. SELV - Dividend Comparison

VPX has not paid dividends to shareholders, while SELV's dividend yield for the trailing twelve months is around 1.66%.

Position	TTM	2025	2024	2023	2022
SELV SEI Enhanced Low Volatility US Large Cap ETF	1.66%	1.74%	1.77%	2.06%	1.26%
VPX Variant Perception Cycle Aware US Equity ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VPX and SELV in my portfolio?

VPX and SELV have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VPX or SELV?

On fees, SELV is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VPX or SELV?

SELV is cheaper with a 0.15% expense ratio, compared with 0.75% for VPX.

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

SELV has the higher dividend yield at 1.66%, compared with 0.00% for VPX.

What is the main difference between VPX and SELV?

VPX is categorized as Large Cap Blend Equities, while SELV is Low Volatility. They also come from different issuers: Variant Perception and SEI. Their fees differ too: 0.75% for VPX and 0.15% for SELV.