IVV vs SEIQ
iShares Core S&P 500 ETF vs SEI QiM US Large Cap Quality Active ETF
Which is better, IVV or SEIQ?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.93. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 42.1%.
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 | SEIQ |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.15% |
| AUM | $876.4B | $729M |
| Dividend Yield | 1.06% | 0.63% |
| Holdings | 508 | 64 |
| YTD Return | +11.57%Best | +5.32% |
| 1Y Return | +17.57%Best | +7.54% |
| 3Y Return (annualized) | +20.71%Best | +13.22% |
| 5Y Return (annualized) | +12.80% | - |
| Volatility (annualized) | 15.3% | 13.4%Best |
| Max Drawdown | -18.8% | -14.9%Best |
| $10,000 over 4.3 years | $20,501Best | $16,965 |
| Top 10 Weight | 37.9%Best | 42.1% |
| Fund Family | iShares by BlackRock (US) | SEI EXCHANGE TRADED FUNDS |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| 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 10, 2026 (4.3 years).
IVV vs SEIQ 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 SEIQ Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and SEI QiM US Large Cap Quality Active ETF (SEIQ) is an ETF from SEI EXCHANGE TRADED FUNDS. Over the past year IVV returned +17.57% while SEIQ returned +7.54%. Year to date, IVV is up 11.57% versus a gain of 5.32% for SEIQ.
Over three years, IVV compounded at +20.71% per year against +13.22% for SEIQ. Across the full 4-year window we track, IVV has the edge at +18.17% annualized vs +13.08%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 13.4% for SEIQ. 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 -14.9% for SEIQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. 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 SEIQ 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 0.63% for SEIQ.
Holdings Overlap
41.7% of IVV's money is in holdings SEIQ also owns. 95.7% of SEIQ's money is in holdings IVV also owns.
Most of SEIQ is already inside IVV. Owning both mostly buys the same companies twice.
57 positions in common, counted across the 505 positions we hold weights for in IVV and 63 in SEIQ, against full books of 508 and 64.
What only one of them owns
Measured across the 505 and 63 positions we hold weights for.
IVV holds 438 positions SEIQ does not, 57.7% of the fund.
Largest: GOOGL 3.19%, MU 1.51%, JPM 1.45%, BRK.B 1.43%, LLY 1.39%
Top Shared Holdings
| Stock | Weight in IVV | Weight in SEIQ | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.98% | 7.15% | 0.83% |
| AAPLApple, Inc | 6.86% | 7.27% | 0.41% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.44% | 7.16% | 1.72% |
| GOOGAlphabet Inc | 2.56% | 2.63% | 0.07% |
| JNJJohnson & Johnson | 0.93% | 3.84% | 2.91% |
| AMZNAmazon.Com Inc | 4.01% | 0.59% | 3.42% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.72% | 3.25% | 2.53% |
| VVisa Inc | 0.92% | 2.98% | 2.06% |
| MAMastercard Inc | 0.69% | 2.75% | 2.06% |
| AVGOBroadcom Inc | 2.98% | 0.34% | 2.64% |
95.7% of SEIQ 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 SEIQ?
IVV has an expense ratio of 0.03% while SEIQ charges 0.15%. IVV is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, IVV or SEIQ?
Over the past year IVV returned +17.57% vs +7.54% for SEIQ, so IVV leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +18.17% vs +13.08% for SEIQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SEIQ?
IVV has been the more volatile fund at 15.3% annualized versus 13.4% for SEIQ. Worst drawdown: IVV -18.8% vs SEIQ -14.9%.
Should I hold both IVV and SEIQ?
IVV and SEIQ have a monthly-return correlation of 0.93, 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 SEIQ?
95.7% of SEIQ's money is in holdings IVV also owns. 95.7% of SEIQ's is in holdings IVV also owns. They hold 57 positions in common, counted across the 505 positions we hold weights for in IVV and 63 in SEIQ.
Which pays a higher dividend, IVV or SEIQ?
IVV yields 1.06% while SEIQ yields 0.63%, so IVV currently pays the higher dividend yield.
Is SEIQ better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.93. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 42.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.