BAMV vs SEIV

BAMVDBrookstone Value Stock ETF

SEIVASEI QiM U.S. Large Cap Value Active ETF

In short

BAMV A stock-picker's value fund in a category run by quant screens. Brookstone's team hand-builds roughly 80 US names, $2 billion market cap and up, and charges 0.86% with no fee waiver in place.

SEIV Active quant value stock-picking at an index-fund price. SEIV screens U.S. large caps for cheap valuations plus quality, momentum and low volatility, then runs a concentrated book of roughly 80 names for 0.15% a year.

Stated mandate

BAMV The Fund's stated objective is capital appreciation.

SEIV The Fund seeks long-term capital appreciation through primarily U.S. common stocks priced below fundamental valuation measures, using a quantitative, active stock-selection approach.

Why people hold it

• BAMV No index behind it. The adviser screens US stocks of $2 billion market cap and up, then picks from its own research, so the portfolio can look nothing like a value benchmark.sec.gov
• Compact enough to actually read: about 80 holdings, diversified but concentrated enough that individual picks register.
• At least 80% of assets stay in publicly traded US equities with a mid-cap floor, so the shape of the exposure holds even as the names rotate.sec.gov
• Distributions land on a quarterly schedule.

• SEIV 0.15% a year for genuine active selection, against a 0.55% median in its U.S. value peer group. It matches the cheapest large-value quant funds rather than charging active prices.
• Value is not the only screen. The model also weighs quality, momentum and low volatility, which is how a cheap-stock strategy tries to avoid the cheap-for-a-reason trap.
• Other funds measured against the S&P 500 in this cohort charge far more (LSVD 0.40%, GSPY 0.50%, VNSE 1.34%). SEIV runs its version at 0.15%.
• Sits among the strongest implementations in a crowded U.S. value field, and trades with enough regular activity to be workable for ordinary retail order sizes.

Worth knowing

• BAMV The fee is 0.86% with no waiver, above the category median across 65 funds. Top-ranked rivals AVLV (0.15%) and WTV (0.12%) run US value for a fraction of that.
• Thinly traded, so spreads can run wider and bigger orders may push the price more than in the category's heavyweights.
• Launched in 2023 and still a small fund, it currently sits in the lower half of its US value peer group on our review.

• SEIV About 80 stocks measured against a 500-name benchmark. That concentration means stretches where it looks nothing like the S&P 500, in either direction.
• Launched in 2022, so the live record is short, and the asset base is mid-sized rather than among the giants of the value aisle.
• You get the factor recipe, not the trade-by-trade logic: selection sits inside a quantitative model. Distributions land quarterly, not monthly.

Full BAMV profile⁠

Full SEIV profile⁠