SEI Enhanced Low Volatility U.S. Large Cap ETF

SEI Enhanced Low Volatility U.S. Large Cap ETF (SELV) is an actively managed fund. It uses a computer-driven model to pick about 78 large U.S. stocks, aiming for long-term growth with smaller swings than the broad market. It charges 0.15% a year, below the 0.37% average of similar funds, though index-based QLV costs less. Over the three years through October 27, 2026, it trailed most of those peers.

• Over the year to Oct 27, 2026, SELV returned +15.8%, 3rd of 9 among similar funds.
• Its worst full calendar year was 2023 (+6.6%); its best was 2024 (+14.7%).
• The deepest fall in its price history was 13.8% (Aug 16, 2022 to Oct 12, 2022), recovered by Nov 30, 2022.

As of Jun 30, 2026, the fund held 78 securities; the ten largest made up 27.55% of assets.

By sector

• Over the three months to Jun 30, 2026, investors added a net $15.6M (creations minus redemptions, per the N-PORT report).
• Monthly total returns reported for that quarter: -0.67%, +0.86%, +1.27%.

SELV does not track an index. SIMC, the adviser at SEI Investments, picks the stocks using a quantitative process, meaning computer models rather than one-by-one judgment calls. At least 80% of net assets go into large U.S. companies. Most of that is common stock, but the fund may also hold convertible bonds, preferred stock, depositary receipts (certificates for foreign shares), warrants and rights.

Three tools work together. A factor scoring model rates every stock in its large-cap universe on four traits: value (cheap compared with fundamentals), momentum (recent price strength), quality (financial strength) and low volatility (a history of calmer prices). A risk model estimates how each stock is likely to move, both with the market and on its own. An optimizer then combines these to build a portfolio with the chosen traits that aims to be less volatile than the broad U.S. large-cap market. Portfolio turnover was 23%, so roughly a quarter of the holdings changed over the year.

As of June 30, 2026, the fund held 78 stocks, and the top 10 made up 27.6% of assets. The largest were Cardinal Health, Johnson & Johnson, Cisco Systems, Apple and Alphabet. It uses no leverage, options or derivatives. The prospectus warns that it may not end up less volatile than the market, and that the models themselves could have flaws.

• SELV charges 0.15% a year, versus an average of 0.37% for the similar funds below (3rd of 9, cheapest first).
• Using the prospectus's standard example, $10,000 invested would cost about $15 in the first year and $192 over 10 years (assuming a 5% annual return).

It holds large U.S. stocks chosen and weighted to swing less than the broad market, with a tilt toward health care and consumer staples.

SELV aims to fall less than the market in downturns, but its record is short. It launched on May 18, 2022, so it missed the 2008 crisis and the 2020 COVID crash, and it started partway through the 2022 bear market. Its deepest drop was 13.8%, from August 16 to October 12, 2022. It recovered by November 30, 2022, about 1.6 months later. It has not had a losing full calendar year. Its weakest was 2023, when it gained 6.5% by the prospectus figures. It has not yet faced a long, deep bear market, and that matters for anyone drawing on savings in a bad year. The trailing yield was 1.64% as of October 27, 2026, paid quarterly. Costs are low: $192 over 10 years in the SEC's $10,000 example. Past results don't predict the future, and a plan should look at the whole portfolio, not one fund.

Matched by holdings overlap from the latest N-PORT reports.