BASV vs SEIV

BASVDBrown Advisory Sustainable Value ETF

SEIVASEI QiM U.S. Large Cap Value Active ETF

In short

BASV Active, sustainability-minded US value from Brown Advisory, with a strategy record going back to 2004. The stock-picker's route in a corner of the market where cheap rules-based funds now set the price.

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

BASV The Fund seeks long-term 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

• BASV Real stock picking, not index tracking: a manager-chosen portfolio of US stocks under one plain mandate, long-term capital appreciation.
• The strategy dates to 2004, so its record spans multiple market cycles rather than one favorable stretch.
• Plain plumbing: a long-only US equity portfolio with no structural quirks attached, so the holdings list is the whole story.

• 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

• BASV 0.71% a year sits above the typical active US value fund and is several times what systematic rivals like AVLV (0.15%) and WTV (0.12%) charge.
• Small asset base and thin trading, so spreads can run wider than at the category's giants and larger orders take patience.
• The sustainability angle is in the name, but public evidence of how the screen shapes the portfolio is limited. The prospectus is the place to check.

• 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 BASV profile⁠

Full SEIV profile⁠