SEIE vs SPY
SEI Select International Equity ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, SEIE or SPY?
SEIE has been ahead.
SPY has a lower expense ratio. SEIE led over 1Y and the full window. SEIE is less concentrated, with 12.7% of the fund in its ten largest positions against 38.0%.
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 | SEIE | SPY |
|---|---|---|
| Expense Ratio | 0.50% | 0.09%Best |
| AUM | $1.3B | $804.7B |
| Dividend Yield | 2.23% | 0.98% |
| Holdings | 357 | 505 |
| YTD Return | +13.96%Best | +12.47% |
| 1Y Return | +23.01%Best | +17.51% |
| 3Y Return (annualized) | - | +21.18% |
| 5Y Return (annualized) | - | +12.88% |
| Volatility (annualized) | 11.2%Best | 12.8% |
| Max Drawdown | -13.1%Best | -18.8% |
| $10,000 over 1.9 years | $15,471Best | $13,498 |
| Top 10 Weight | 12.7%Best | 38.0% |
| Fund Family | SEI EXCHANGE TRADED FUNDS | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 10, 2024 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Oct 10, 2024 to Sep 11, 2026 (1.9 years).
SEIE vs SPY 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 1.9 years both funds cover.
SEIE vs SPY Performance
SEI Select International Equity ETF (SEIE) is an ETF from SEI EXCHANGE TRADED FUNDS and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year SEIE returned +23.01% while SPY returned +17.51%. Year to date, SEIE is up 13.96% versus a gain of 12.47% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 12.8% compared with 11.2% for SEIE. 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 -13.1% for SEIE and -18.8% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.54. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SEIE charges 0.50% per year while SPY charges 0.09%. On a $10,000 position that is $50 vs $9 annually, a gap of $41 per year that compounds over a long holding period. On income, SEIE currently yields 2.23% against 0.98% for SPY.
Holdings Overlap
0.2% of SEIE's money is in holdings SPY also owns. 0.1% of SPY's money is in holdings SEIE also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
2 positions in common, counted across the 340 positions we hold weights for in SEIE and 504 in SPY, against full books of 357 and 505.
What only one of them owns
Our book lists 493 positions for SPY that do not appear in our book for SEIE (99.5% of the fund), and 2 for SEIE that do not appear in SPY (0.3%).
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.
You are not choosing between two funds in isolation.
Whichever of SEIE and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SEIE or SPY?
SEIE has an expense ratio of 0.50% while SPY charges 0.09%. SPY is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, SEIE or SPY?
Over the past year SEIE returned +23.01% vs +17.51% for SPY, so SEIE leads on 1-year performance. Over the longest common window we track (2 years), SEIE annualized +25.82% vs +17.10% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SEIE or SPY?
SPY has been the more volatile fund at 12.8% annualized versus 11.2% for SEIE. Worst drawdown: SEIE -13.1% vs SPY -18.8%.
Should I hold both SEIE and SPY?
SEIE and SPY have a monthly-return correlation of 0.54, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, SEIE or SPY?
SEIE yields 2.23% while SPY yields 0.98%, so SEIE currently pays the higher dividend yield.
Is SPY better than SEIE?
SPY has a lower expense ratio. SEIE led over 1Y and the full window. SEIE is less concentrated, with 12.7% of the fund in its ten largest positions against 38.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.