SEIE vs SPY
SEI Select International Equity ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SEIE delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | SEIE | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.09% | |
| AUM | $1.3B | $821.1B | |
| Dividend Yield | 2.23% | 1.01% | |
| Holdings | 353 | 505 | |
| YTD Return | +15.27% | +12.68% | |
| 1Y Return | +25.90% | +21.82% | |
| 3Y Return (annualized) | - | +21.98% | |
| 5Y Return (annualized) | - | +12.89% | |
| Volatility (annualized) | 11.3% | 15.3% | |
| Max Drawdown | -13.1% | -56.5% | |
| Fund Family | SEI EXCHANGE TRADED FUNDS | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Oct 10, 2024 | Jan 22, 1993 |
SEIE vs SPY Performance
SEI Select International Equity ETF (SEIE) is a ETF from SEI EXCHANGE TRADED FUNDS and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year SEIE returned +25.90% while SPY returned +21.82%. Year to date, SEIE is up 15.27% versus a gain of 12.68% for SPY.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 11.3% 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 -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.54. They move independently enough that combining them can meaningfully diversify a portfolio.
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 1.01% for SPY.
Holdings Overlap
SEIE and SPY share 1 holdings out of 843 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SEIE | Weight in SPY | Difference |
|---|---|---|---|
| KR | 0.00% | 0.05% | 0.05% |
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. On a $10,000 investment, that is $41 per year of difference.
Which performed better, SEIE or SPY?
Over the past year SEIE returned +25.90% vs +21.82% for SPY, so SEIE leads on 1-year performance. Over the longest common window we track (2 years), SEIE annualized +27.50% vs +8.81% for SPY. Past performance does not guarantee future results.
Which is riskier, SEIE or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 11.3% for SEIE. Worst drawdown: SEIE -13.1% vs SPY -56.5%.
Should I hold both SEIE and SPY?
SEIE and SPY have a monthly-return correlation of 0.54, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SEIE and SPY?
SEIE and SPY share 1 common holdings with a 0.0% weight overlap. Combined, they hold 843 unique securities.
Which pays a higher dividend, SEIE or SPY?
SEIE yields 2.23% while SPY yields 1.01%, so SEIE currently pays the higher dividend yield.
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