IVV vs SEIM
iShares Core S&P 500 ETF vs SEI QiM US Large Cap Momentum Active ETF
Which is better, IVV or SEIM?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. SEIM led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.92. SEIM is less concentrated, with 35.1% of the fund in its ten largest positions against 37.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IVV | SEIM |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.15% |
| AUM | $876.4B | $1.5B |
| Dividend Yield | 1.06% | 0.42% |
| Holdings | 508 | 75 |
| YTD Return | +12.39% | +15.00%Best |
| 1Y Return | +16.61% | +19.60%Best |
| 3Y Return (annualized) | +21.38% | +28.30%Best |
| 5Y Return (annualized) | +13.51% | - |
| Volatility (annualized) | 15.3%Best | 18.0% |
| Max Drawdown | -18.8%Best | -22.2% |
| $10,000 over 4.3 years | $20,576 | $21,894Best |
| Top 10 Weight | 37.8% | 35.1%Best |
| Fund Family | iShares by BlackRock (US) | SEI EXCHANGE TRADED FUNDS |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | May 18, 2022 |
Volatility and max drawdown, and the $10,000 over 4.3 years row, are measured over the window both funds cover: May 18, 2022 to Sep 18, 2026 (4.3 years).
IVV vs SEIM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.3 years both funds cover.
IVV vs SEIM Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and SEI QiM US Large Cap Momentum Active ETF (SEIM) is an ETF from SEI EXCHANGE TRADED FUNDS. Over the past year IVV returned +16.61% while SEIM returned +19.60%. Year to date, IVV is up 12.39% versus a gain of 15.00% for SEIM.
Over three years, IVV compounded at +21.38% per year against +28.30% for SEIM. Across the full 4-year window we track, SEIM has the edge at +19.99% annualized vs +18.27%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SEIM has been the more volatile fund, with annualized monthly volatility of 18.0% compared with 15.3% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -18.8% for IVV and -22.2% for SEIM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while SEIM charges 0.15%. On a $10,000 position that is $3 vs $15 annually, a gap of $12 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.42% for SEIM.
Holdings Overlap
42.9% of IVV's money is in holdings SEIM also owns. 86.3% of SEIM's money is in holdings IVV also owns.
Most of SEIM is already inside IVV. Owning both mostly buys the same companies twice.
58 positions in common, counted across the 490 positions we hold weights for in IVV and 76 in SEIM, against full books of 508 and 75.
What only one of them owns
Our book lists 15 positions for SEIM that do not appear in our book for IVV (10.9% of the fund), and 424 for IVV that do not appear in SEIM (55.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IVV | Weight in SEIM | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.07% | 6.27% | 1.80% |
| AAPLApple, Inc | 7.02% | 3.32% | 3.70% |
| GOOGLAlphabet Inc,class A | 3.00% | 5.95% | 2.95% |
| MSFTMicrosoft Corp | 5.69% | 2.85% | 2.84% |
| AMZNAmazon.Com Inc | 3.84% | 1.20% | 2.64% |
| VVisa Inc Class A | 0.95% | 3.28% | 2.33% |
| MUMicron Technology, Inc. | 1.63% | 2.58% | 0.95% |
| JNJJohnson & Johnson - Common | 0.97% | 2.72% | 1.75% |
| LRCXLrcx Uw Equity | 0.57% | 2.81% | 2.24% |
| BKBank Of New York Mellon Corp | 0.17% | 2.85% | 2.68% |
86.3% of SEIM is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or SEIM?
IVV has an expense ratio of 0.03% while SEIM charges 0.15%. IVV is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, IVV or SEIM?
Over the past year IVV returned +16.61% vs +19.60% for SEIM, so SEIM leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +18.27% vs +19.99% for SEIM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SEIM?
SEIM has been the more volatile fund at 18.0% annualized versus 15.3% for IVV. Worst drawdown: IVV -18.8% vs SEIM -22.2%.
Should I hold both IVV and SEIM?
IVV and SEIM have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IVV and SEIM?
86.3% of SEIM's money is in holdings IVV also owns. 86.3% of SEIM's is in holdings IVV also owns. They hold 58 positions in common, counted across the 490 positions we hold weights for in IVV and 76 in SEIM.
Which pays a higher dividend, IVV or SEIM?
IVV yields 1.06% while SEIM yields 0.42%, so IVV currently pays the higher dividend yield.
Is SEIM better than IVV?
IVV has a lower expense ratio. SEIM led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.92. SEIM is less concentrated, with 35.1% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.