SELV
SEI Enhanced Low Volatility U.S. Large Cap ETF
SELV is an actively managed fund of large-cap US companies, seeking to achieve low volatility. Selection is based on a factor scoring model, a risk model and an optimization process.
US
EQUITY
Active
MANAGEMENT STYLE
15 bp
EXPENSES
$128.6 M
ASSETS UNDER MGMT
Fund Basics
| Fund sponsor | SEI Investments |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | May 18, 2022 |
| Assets (mns) | $129 |
| Expense ratio | 15 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Proprietary |
| Weighting | Proprietary |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| MICROSOFT CORP | 6.8 % |
| APPLE INC | 4.4 % |
| ORACLE CORP | 3.7 % |
| MERCK & CO. INC. | 3.3 % |
| WAL-MART STORES INC | 2.9 % |
| PROCTER & GAMBLE CO/THE | 2.8 % |
| MCKESSON CORP | 2.7 % |
| REPUBLIC SERVICES INC | 2.6 % |
| JOHNSON & JOHNSON | 2.5 % |
| VERIZON COMMUNICATIONS INC | 2.4 % |
Constituent Breakdown
| Number of holdings | 83 |
| Herfindahl-Hirschman Index | 224 |
| Wgt avg mkt cap (mns) | $577,086 |
| Large cap (>$10bn) | 92.8% |
| Mid cap ($2-10bn) | 7.1% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 96.2 % |
 |
SWITZERLAND | 1.6 % |
 |
IRELAND | 1.4 % |
Historical Performance
Standardized Performance (as of 06/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 4.3% | 5.9% | -- | -- | -- | -- | 7.8% | Volatility | 7.4% | 8.2% | 12.6% | -- | -- | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.73 | 86% |
| MSCI EAFE | 0.63 | 66% |
| MSCI Emg Mkts | 0.37 | 27% |
Liquidity Measures
| Avg. volume (000) | 4 |
| Turnover | 0.1% |
| Avg. Bid/Ask (% of price) | 0.20% |
| ADV of underlying (mns) | $102,787 |
Technical Indicators
| Recent close | $27.95 |
| 30d moving avg. | $27.85 |
| Annualized volatility | 13.9% |
| Relative strength (RSI) | 57 |
| Short interest (ETF) | 0.0% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. SELV |
Expenses vs. SELV |
ALTAR Score™ vs. SELV |
|---|---|---|---|---|
| USMV | iShares MSCI USA Min Vol Factor ETF | 37.5% | 0 bp | -0.8% |
| QLV | FlexShares US Quality Low Volatility Index Fund | 36.8% | +7 bp | -2.7% |
| LVOL | American Century Low Volatility ETF | 36.2% | +14 bp | -1.7% |
| VSMV | VictoryShares US Multi-Factor Minimum Volatility ETF | 36.0% | +20 bp | -0.3% |
| FDLO | Fidelity Low Volatility Factor ETF | 34.1% | 0 bp | -1.3% |
| BBLU | EA Bridgeway Blue Chip ETF EA Bridgeway Blue Chip ETF | 33.5% | 0 bp | -0.7% |
| VFMV | Vanguard U.S. Minimum Volatility ETF | 31.6% | -2 bp | -1.5% |
| QDEF | FlexShares Quality Dividend Defensive Index Fund | 31.4% | +22 bp | -2.4% |
| SEIV | SEI Enhanced U.S. Large Cap Value Factor ETF | 30.9% | 0 bp | +3.2% |
| OUSA | ALPS O'Shares U.S. Quality Dividend ETF | 30.8% | +33 bp | -0.6% |
Risk and Returns: SELV vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 7/25/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
SELV
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
SELV
6.7%
Cat. Avg
5.7%
Fund Category: US
| Avg. Return on Equity | --% |
| Divided by: Fwd. P/BV | --x |
| Less: Expenses | -- bp |
| Equals: ALTAR Score™ | 6.7% |
Recommendation
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
Category Overview
There are 899 funds in the US category, with an average ALTAR Score™
of 5.7% and a standard deviation of
2.4%. SELV's ALTAR Score™ is approximately
0.4 standard deviations
above
the category average. This places SELV in the 65th percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
SELV
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Expense Analysis
| Peer Group | Active US Equity ETFs |
| # of ETFs | 308 |
| Avg. Expense Ratio | 67.1 bp |
| Std. Deviation | 37 bp |
| SELV (15 bp) Percentile rank | 8 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| SELV | 15.0 | 19.5 | 34.5 |
| Peer Avg. | 53.9 | 22.2 | 76.1 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .