DFLV vs SEIV: Grades, Fees and Holdings Compared

Dimensional US Large Cap Value ETF

DFLVANYSE Arca

SEI QiM U.S. Large Cap Value Active ETF

SEIVACboe

Overlap

13.4%by weight

Expense ratio

SEIV −0.06pt a year

DFLV0.21%SEIV0.15%

Avg volume · 30D

DFLV 4.7×the volume

DFLV658KSEIV141K

3Y return · a year

SEIV +6.1pt

DFLV+22.7%SEIV+28.8%

DFLV vs SEIV Performance

Oct 31, 2025 – Oct 30, 2026

+29.3%DFLV+27.7%SEIV

Expense ratio: DFLV 0.21%; SEIV 0.15%, better
Fund size: DFLV $7.39B; SEIV $1.62B
1Y total return: DFLV +29.3%, better; SEIV +27.7%
Yield (12M): DFLV 1.35%; SEIV 1.57%, better
Holdings: DFLV 336; SEIV 123
Avg volume (30D): DFLV 658K sh, better; SEIV 141K sh
NAV per share: DFLV $41.80; SEIV $49.57
52W range

ETF.net Grade

Pillar letters and Scores for DFLV, SEIV, with each pillar’s weight
Pillar	DFLV	SEIV
Cost30% weight	A92	A98Higher
Mission25% weight	Not scored	A82
Risk15% weight	A76Higher	B65
Tradability15% weight	A83	A91Higher
Holdings10% weight	A78Higher	A76
Durability5% weight	A83Higher	A75

Rank among US Active Value funds

How we build Categories ›

Same Category. DFLV and SEIV are both graded against the same 64 US Active Value funds, so their Grades compare head to head.

US Active Value⁠

Category · 64 funds

See all 64 ›

SEIV ranks 3rd and DFLV 4th of 64 funds in the US Active Value Category.

Rank 1AAVLVAvantis U.S. Large Cap Value ETFScore 86
Rank 1AWTVWisdomTree U.S. Value FundScore 86
Rank 3ASEIVSEI QiM U.S. Large Cap Value Active ETFScore 85
Rank 4ADFLVDimensional US Large Cap Value ETFScore 84
Rank 5AAVMVAvantis U.S. Mid Cap Value ETFScore 79

Our read on each fund

ETF.net Research

DFLVADimensional US Large Cap Value ETF

SEIVASEI QiM U.S. Large Cap Value Active ETF

In short

DFLV Dimensional's value playbook in an ETF wrapper: large-cap value that also screens for profitability, spread across roughly 300 names, run by research rather than an index. Active by design, index-fund cheap in practice.

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

DFLV The ETF seeks long-term capital appreciation. Its investment approach combines research, portfolio design, portfolio management, and trading, emphasizing long-term expected-return drivers and broad diversification.

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

DFLV Costs 0.21% a year, well under half the 0.55% median for US value funds in its peer group. Active management without the active price tag.
Cheap alone doesn't get you in. The portfolio screens on value and profitability together, a filter aimed at cut-rate stocks that actually earn money.
No index to shadow. Dimensional can trade on its own schedule and spreads the money across about 300 large-cap names instead of a handful of bets.
Sits in the top tier of the US value funds we grade, and it is a multi-billion-dollar fund that trades actively, so getting in and out is rarely the hard part.

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

DFLV Not the cheapest seat in the room: AVLV and SEIV run 0.15%, WTV 0.12%. You're paying a bit more for Dimensional's process.
Being benchmark-free cuts both ways. With no index to measure against, there is no tracking-error scoreboard, and outcomes ride on the manager's judgment.
Launched in December 2022, so the ETF's own record is short, and a value tilt behaves differently from the broad market. It pays quarterly.

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 DFLV profile⁠

Full SEIV profile⁠

DFLV vs SEIV Holdings

How DFLV and SEIV differ

Overlap by weight

13.4%

Shared holdings make up 52.8% of SEIV and 20.8% of DFLV.

Level by level

Holdings56 in both13.4%
Sector11 Sectors64.6%
Countryby domicile98.1%
Asset classEquity100%

Sector

Sector weights in DFLV and SEIV, widest gap first
Sector	More in DFLVMore in SEIV	DFLV	SEIV
Technology	SEIV +23.8 points	9.1%	32.9%
Energy	DFLV +11.2 points	14.9%	3.7%
Industrials	DFLV +8.9 points	12.9%	4.0%
Utilities	SEIV +6.1 points	0.0%	6.1%
Materials	DFLV +5.6 points	6.8%	1.2%
Financials	DFLV +4.5 points	21.7%	17.2%
Communication	SEIV +4.2 points	7.0%	11.2%
Consumer Staples	DFLV +2.9 points	4.8%	1.9%
Health Care	DFLV +2.2 points	14.0%	11.8%
Consumer Discretionary	SEIV +1.3 points	8.4%	9.7%
Real Estate	DFLV +0.1 points	0.4%	0.3%

Country, concentration and asset class

Country by domicile

Country weights in DFLV and SEIV, widest gap first
Country	More in DFLVMore in SEIV	DFLV	SEIV
Mexico	SEIV +1.0 points	0.1%	1.1%
Switzerland	DFLV +0.8 points	0.8%	0.0%
China	DFLV +0.8 points	0.8%	0.0%
United States	SEIV +0.5 points	98.0%	98.5%
Other countries (3)	SEIV +0.1 points	0.3%	0.4%

Concentration

Weight in the 10 largest Holdings

DFLV25.0%
SEIV25.1%

Securities held

DFLV335
SEIV122

Asset class

DFLV: Equity
SEIV: Equity

Holdings

Only in DFLV279
In both56
Only in SEIV66

Only in DFLV

279 securities, 79.2% of DFLV by weight

JPMorgan Chase & Co4.50%
Exxonmobil Holdings Corp4.09%
Chevron Corp.2.12%
Berkshire Hathaway Cl-B2.00%
UnitedHealth Group Inc.1.60%
Goldman Sachs Group Inc.1.34%
Procter & Gamble Co/The1.31%
New Linde PLC1.29%
Rtx Corp1.09%
Conocophillips1.09%
Johnson & Johnson1.07%
Thermo Fisher Scientific.1.07%
Wells Fargo & Co.1.04%
Morgan Stanley0.95%
Travelers Companies Inc.0.92%
Eog Resources Inc.0.90%
Intel Corp0.88%
Norfolk Southern Corp.0.87%
Deere & Co.0.81%
Csx Corp0.79%
Te Connectivity PLC0.78%
Slb Ltd0.78%
Analog Devices Inc.0.77%
Merck & Company Inc0.77%
Fedex Corp0.75%
Salesforce Inc0.75%
Bank of America Corp0.72%
Abbott Laboratories0.72%
Allstate Corp.0.71%
Phillips 660.70%
Freeport-Mcmoran Inc.0.69%
Cigna Group/The0.69%
Alphabet Inc - Class A0.68%
Nxp Semiconductors NV0.67%
Metlife Inc.0.65%
Occidental Petroleum Corp0.65%
Republic Services Inc0.64%
Emerson Elec Co0.63%
United Rentals Inc.0.61%
Valero Energy Corp0.59%
Northrop Grumman Corp.0.58%
Nucor Corp.0.56%
Crh PLC0.56%
Cummins Inc0.56%
Baker Hughes Co0.56%
Oneok Inc0.55%
Mondelez Intl0.54%
Bank of New York Mellon0.50%
General Dynamics Corp.0.49%
Chubb Limited0.49%

Only in SEIV

66 securities, 46.8% of SEIV by weight

NVIDIA Corp3.58%
Apple Inc3.54%
Cardinal Health Inc2.53%
Microsoft Corp2.26%
Adobe Inc1.90%
Hp Inc1.85%
Exelon Corp1.66%
Edison International1.57%
Netapp Inc1.27%
Everest Group Ltd1.21%
Mckesson Corp1.21%
Apa Corp1.17%
Gen Digital Inc1.11%
Expedia Group Inc0.97%
Skyworks Solutions Inc0.93%
Carnival Corp Ltd0.91%
Eversource Energy0.82%
P G & E Corp0.81%
Jazz Pharmaceuticals PLC0.78%
Zions Bancorp Na0.71%
Affiliated Managers Group0.70%
Match Group Inc0.69%
Dell Technologies -C0.67%
Popular Inc0.66%
Consolidated Edison Inc0.65%
Ugi Corp0.52%
Millicom Intl Cellular S.a.0.50%
American Airlines Group Inc0.49%
Avnet Inc0.48%
Axis Capital Holdings Ltd0.48%
H&R Block Inc0.47%
Cencora Inc0.47%
Amdocs Ltd0.46%
Dropbox Inc-Class A0.43%
Lincoln National Corp0.43%
Xp Inc - Class A0.40%
Macy's Inc0.40%
Onemain Holdings Inc0.39%
Lear Corp0.38%
Ingredion Inc0.38%
Sirius Xm Holdings Inc0.36%
Cirrus Logic Inc0.36%
Ryder System Inc0.36%
Gap Inc/The0.34%
Chord Energy Corp0.32%
Vontier Corp0.32%
Bank Ozk0.32%
Adt Inc0.31%
Exelixis Inc0.29%
Travel & Leisure Co0.29%

Weight gaps

All 56 Holdings in both funds, largest gap first.

Holding weights in DFLV and SEIV, widest gap first
Holding	More in DFLVMore in SEIV	DFLV	SEIV
Amazon.com Inc.AMZN	DFLV +4.30 points	4.66%	0.36%
Micron Technology Inc.MU	SEIV +2.22 points	0.03%	2.25%
Meta Platforms IncMETA	DFLV +1.91 points	2.07%	0.16%
Prudential Financial IncPRU	SEIV +1.87 points	0.21%	2.08%
General MotorsGM	SEIV +1.66 points	0.87%	2.53%
Citigroup Inc.C	SEIV +1.60 points	0.42%	2.02%
Synchrony FinancialSYF	SEIV +1.56 points	0.28%	1.84%
Cvs Health CorpCVS	SEIV +1.49 points	0.42%	1.91%
Alphabet IncGOOG	SEIV +1.43 points	0.57%	2.00%
Expand Energy CorpEXE	SEIV +1.32 points	0.17%	1.49%
Verizon CommunicationsVZ	SEIV +1.24 points	1.06%	2.30%
Qualcomm Inc.QCOM	SEIV +1.24 points	0.04%	1.28%
Tenet Healthcare Corp.THC	SEIV +1.19 points	0.17%	1.36%
Reinsurance Group of AmerRGA	SEIV +1.15 points	<0.01%	1.16%
Cognizant Tech SolutionsCTSH	SEIV +1.10 points	0.28%	1.38%
United Airlines HoldingsUAL	SEIV +1.05 points	0.37%	1.42%
Ford Motor CoF	SEIV +1.04 points	0.52%	1.56%
Ovintiv IncOVV	SEIV +1.03 points	0.04%	1.07%
Unum GroupUNM	SEIV +1.02 points	0.03%	1.05%
Renaissancere Holdings LtRNR	SEIV +0.97 points	0.01%	0.98%
AT&T Inc.T	SEIV +0.95 points	0.72%	1.67%
Flex LtdFLEX	SEIV +0.94 points	0.07%	1.01%
Arrow Electronics IncARW	SEIV +0.86 points	<0.01%	0.86%
Crown Holdings IncCCK	SEIV +0.84 points	<0.01%	0.85%
Viatris IncVTRS	SEIV +0.80 points	0.08%	0.88%
Leidos HoldingsLDOS	SEIV +0.79 points	0.07%	0.86%
Ally Financial IncALLY	SEIV +0.73 points	<0.01%	0.74%
Alcoa CorpAA	SEIV +0.72 points	<0.01%	0.72%
Td Synnex CorpSNX	SEIV +0.69 points	0.09%	0.78%
Borg-Warner Inc.BWA	SEIV +0.68 points	0.01%	0.69%
Zoom Communications IncZM	SEIV +0.65 points	0.08%	0.73%
Fox Corp - Class AFOXA	SEIV +0.64 points	0.14%	0.78%
Universal Health ServicesUHS	SEIV +0.64 points	<0.01%	0.64%
Corebridge Financial IncCRBG	SEIV +0.58 points	0.02%	0.60%
Regions Financial Corp.RF	SEIV +0.55 points	0.16%	0.71%
Incyte CorpINCY	SEIV +0.54 points	0.20%	0.74%
Newmont CorpNEM	DFLV +0.48 points	0.87%	0.39%
Hewlett-Packard EnterprisHPE	SEIV +0.47 points	0.96%	1.43%
Kroger Co.KR	SEIV +0.41 points	0.45%	0.86%
F5 IncFFIV	SEIV +0.40 points	0.10%	0.50%
Fox Corp - Class BFOX	SEIV +0.36 points	0.10%	0.46%
Pfizer Inc.PFE	DFLV +0.36 points	0.91%	0.55%
Target Corp.TGT	DFLV +0.32 points	0.71%	0.39%
Comcast Corp New Class ACMCSA	SEIV +0.31 points	0.59%	0.90%
Textron IncTXT	SEIV +0.28 points	0.08%	0.36%
Amkor Technology IncAMKR	SEIV +0.24 points	0.02%	0.26%
Mohawk Industries IncMHK	SEIV +0.22 points	<0.01%	0.22%
Versigent LtdVGNT	SEIV +0.21 points	<0.01%	0.22%
Omnicom Group Inc.OMC	SEIV +0.18 points	0.13%	0.31%
Hf Sinclair CorpDINO	SEIV +0.17 points	0.02%	0.19%
Solventum CorpSOLV	SEIV +0.12 points	<0.01%	0.12%
Delta Air Lines Inc.DAL	SEIV +0.09 points	0.62%	0.71%
Globe Life IncGL	SEIV +0.07 points	0.02%	0.09%
Bristol-Myers Squibb Co.BMY	SEIV +0.06 points	0.75%	0.81%
Archer-Daniels-Midland CoADM	DFLV +0.02 points	0.13%	0.11%
Capital One FinancialCOF	SEIV +0.01 points	0.40%	0.41%

All 343 DFLV holdings⁠All 122 SEIV holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DFLV vs SEIV Cost

Overpaying DFLV vs SEIV

$1,220

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

DFLV 0.21%
$4,357
SEIV 0.15%
$3,137

Amount$10,000

Years30 years

Cost over time

DFLV 0.21%
SEIV 0.15%
Overpaying

Year by year

Year	DFLV	SEIV	Overpaying
10	$383	$274	$109
20	$1,491	$1,071	$420
30	$4,357	$3,137	$1,220

Expense ratio

0.21%DFLV
0.15%SEIV, cheaper

SEIV0.15%DFLV0.21%

0.12%1.25%

Middle half of US Active Value funds
Median 0.54%

SEIV 2nd cheapest of 64 funds

DFLV 6th cheapest of 64 funds

DFLV vs SEIV Dividends

Last 12 months to Oct 30, 2026

Yield (12M): DFLV 1.35%; SEIV 1.57%, better
Payout (12M): DFLV $0.57; SEIV $0.78
Last payment: DFLV $0.16; SEIV $0.21
Ex-dividend: DFLV Sep 22, 2026; SEIV Oct 5, 2026
Paid on: DFLV Sep 24, 2026; SEIV Oct 6, 2026
Frequency: DFLV Quarterly; SEIV Quarterly

Distribution history

Per share, 2022 to 2026, same scale for both

DFLVQuarterly · 16 paymentsAll DFLV payments⁠

SEIVQuarterly · 18 paymentsAll SEIV payments⁠

DFLV vs SEIV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: DFLV 12.3%SEIV 12.1%, better
Return per unit of riskSharpe ratio, 3 years: DFLV 1.38SEIV 1.80, better
Worst fallMax drawdown, 5 years: DFLV −16.8%since Dec 2022SEIV −18.2%since May 2022
Market sensitivityBeta, 5 years: DFLV 0.80SEIV 0.89; Market = 1

DFLV and SEIV in the news

All news⁠

Best ETFs
The best value ETF depends on whose list you bought
Updated Oct 2, 2026SEIV

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DFLV vs SEIV

In short

Stated mandate

Why people hold it

Worth knowing

How DFLV and SEIV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DFLV

Only in SEIV

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

The best value ETF depends on whose list you bought

How DFLV and SEIV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DFLV

Only in SEIV

Weight gaps