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ETFs

SEI Enhanced U.S. Large Cap Value Factor ETF

SEIV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 18 2022
Expense Ratio
0.15%
Type
US Equities
Fund Owner
SEI Investments Company
Volume (1m avg. daily)
$229,334
AUM
$27,940,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

AAPL
Apple Inc
4.28%
MSFT
Microsoft Corporation
3.63%
MCK
Mckesson Corporation
3.30%
CAH
Cardinal Health, Inc.
2.99%
KR
Kroger Co.
2.43%
META
Meta Platforms Inc - Ordinary Shares - Class A
2.39%
VZ
Verizon Communications Inc
2.32%
PHM
PulteGroup Inc
2.31%
T
AT&T, Inc.
2.19%
GILD
Gilead Sciences, Inc.
2.19%
Invest with SEIV

What is SEIV?

SEI Enhanced US Large Cap Value Factor ETF seeks to provide long-term capital appreciation by investing primarily in US common stocks with lower prices relative to fundamental valuation characteristics, as determined by SIMC. Under normal circumstances, the SEI Enhanced US Large Cap Value Factor ETF will invest at least 80 percent of its net assets (plus the amount of any borrowings for investment purposes) in equity and equity-related securities (such as convertible bonds, convertible preferred stock, depositary receipts, warrants, and rights) issued by large US companies.

ETFs related toSEIV

ETFs correlated to SEIV include JVAL, FNDB, FNDX

SEIV
SEI Exchange Traded Funds - SEI Enhanced U.S. Large Cap Value Factor ETF
JVAL
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan U.S. Value Factor ETF
FNDB
Schwab Strategic Trust - Schwab Fundamental U.S. Broad Market Index ETF
FNDX
Schwab Strategic Trust - Schwab Fundamental U.S. Large Company Index ETF
PRF
Invesco Capital Management LLC - Invesco FTSE RAFI US 1000 ETF
DFAC
Dimensional ETF Trust - Dimensional U.S. Core Equity 2 ETF
AVUS
American Century ETF Trust - Avantis U.S. Equity ETF
VLUE
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Value Factor ETF
FVAL
Fidelity Covington Trust - Fidelity Value Factor ETF
FEX
First Trust Exchange-Traded Fund III - First Trust Large Cap Core AlphaDEX Fund
RSP
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toSEIV

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with SEIV using Composer

FAQ

SEIV is a US Equities ETF. SEI Enhanced US Large Cap Value Factor ETF seeks to provide long-term capital appreciation by investing primarily in US common stocks with lower prices relative to fundamental valuation characteristics, as determined by SIMC. Under normal circumstances, the SEI Enhanced US Large Cap Value Factor ETF will invest at least 80 percent of its net assets (plus the amount of any borrowings for investment purposes) in equity and equity-related securities (such as convertible bonds, convertible preferred stock, depositary receipts, warrants, and rights) issued by large US companies.

Yes, SEIV is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, SEIV is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SEIV is 0.0003%. This is the percent change in the value of SEIV over the most recent 1-month period. The 3-month return on SEIV is 0.0066%. This is the percent change in the value of SEIV over the most recent 3-month period.

The standard deviation of SEIV for the past year is 0.1754%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SEIV include IWO, VTV, and VUG.

ETFs correlated to SEIV include JVAL, FNDB, and FNDX.

ETFs that are inversely correlated to SEIV include SH, SDS, and SPXS.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.