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DWSH vs SEIM

AdvisorShares Dorsey Wright Short ETF

DWSHFNasdaq

SEI QiM U.S. Large Cap Momentum Active ETF

SEIMACboe

Overlap

Expense ratio

SEIM −3.38pt a year

DWSH3.53%SEIM0.15%

Avg volume · 30D

SEIM 1.4×the volume

DWSH64.8KSEIM93.1K

3Y return · a year

SEIM +38.0pt

DWSH−11.8%SEIM+26.2%

DWSH vs SEIM Performance

Oct 31, 2025 – Nov 2, 2026

−19.2%DWSH+9.6%SEIM

Oct 31, 2025 to Nov 2, 2026. DWSH −19.2%. SEIM +9.6%. Use the arrow keys to read each point.−10%0%20%Oct 2025May 2026Nov 2026
Expense ratio
DWSH 3.53%
SEIM 0.15%, better
Fund size
DWSH $6M
SEIM $1.46B
1Y total return
DWSH −19.2%
SEIM +9.6%, better
Yield (12M)
DWSH 7.61%, better
SEIM 0.64%
Holdings
DWSH 2
SEIM 73
Avg volume (30D)
DWSH 64.8K sh
SEIM 93.1K sh, better
NAV per share
DWSH $5.33
SEIM $50.21
52W range

ETF.net Grade

DWSH: Cost 0, Risk 11, Mission not scored, Tradability 38, Holdings not scored, Durability 36. SEIM: Cost 90, Risk 70, Mission not scored, Tradability 86, Holdings 68, Durability 78.
Pillar letters and Scores for DWSH, SEIM, with each pillar’s weight
PillarDWSHSEIM
Cost30% weightF0A90Higher
Mission25% weightNot scoredNot scored
Risk15% weightF11A70Higher
Tradability15% weightD38A86Higher
Holdings10% weightNot scoredB68
Durability5% weightD36A78Higher

Rank among US Active Momentum funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. DWSH and SEIM are both graded against the same 20 US Active Momentum funds, so their Grades compare head to head.

US Active Momentum⁠

Category · 20 funds
See all 20 ›

SEIM ranks 2nd and DWSH 20th of 20 funds in the US Active Momentum Category.

  1. Rank 1AJMOMJPMorgan U.S. Momentum Factor ETFScore 86
  2. Rank 2ASEIMSEI QiM U.S. Large Cap Momentum Active ETFScore 81
  3. Rank 3AVFMOVanguard U.S. Momentum Factor ETFScore 78
  4. Rank 19DDWUSAdvisorShares Dorsey Wright FSM U.S. Core ETFScore 26
  5. Rank 20FDWSHAdvisorShares Dorsey Wright Short ETFScore 14

Our read on each fund

ETF.net Research

DWSHFAdvisorShares Dorsey Wright Short ETF

SEIMASEI QiM U.S. Large Cap Momentum Active ETF

In short

DWSH A momentum toolkit pointed the other way. DWSH is an actively managed, short-only ETF that uses Dorsey Wright relative strength to short the weakest large-cap US names, framed by its issuer as a hedge for a long stock book rather than a core holding.

SEIM Momentum with a chaperone. SEI's quant model buys U.S. large caps that have been running, then leans on quality, value and low volatility to sand off the edges, all for 0.15% a year.

Stated mandate

DWSH DWSH uses an actively managed relative-strength process to short securities with the weakest relative strength, primarily among large-cap U.S.-traded equities. It is intended to hedge long equity exposure and pursue positive returns when equity markets decline.

SEIM The Fund seeks long-term capital appreciation by investing primarily in U.S. common stocks with relatively strong recent performance, using quantitative active stock selection and portfolio optimization.

Why people hold it

  • DWSH Short-only and actively managed: the same relative-strength ranking momentum funds use to buy leaders, run in reverse to short the weakest large-cap US names.
  • Roughly 100 short positions handled inside one brokerage ticket, with no margin account or stock borrow for you to arrange.
  • The fund's own objective frames it as a counterweight to long equity exposure, aiming to gain ground when stocks fall.
  • Trading since 2018, so there is a multi-year live record of how this short book behaves in real markets.
  • SEIM Charges 0.15% a year, a fraction of the typical fund in its active momentum peer group and level with the cheapest brand-name momentum ETFs like MTUM.
  • Not pure chase-the-winners: the prospectus model also weighs quality, value and low volatility, so recent strength gets vetted, not just ranked.
  • Roughly 70 names, concentrated enough for the factor to actually show up, run as an active quant mandate rather than a fixed index rebuild.
  • Stacks up as one of the stronger implementations among the systematic U.S. momentum funds we cover.

Worth knowing

  • DWSH Cost is the headline trade-off: a 6.66% expense ratio, against index momentum funds like MTUM at 0.15% and SPMO at 0.13%.
  • A short book is built to move against the market, so rising equity prices work against it by design.
  • Small asset base and only moderate trading activity, so bid-ask spreads can run wider than in the large momentum ETFs.
  • SEIM Momentum buys what has already moved. When market leadership rotates, this style can turn over quickly and trail the broad market.
  • Launched in 2022, so the live record is short and hasn't spanned many market regimes.
  • Mid-sized and moderately traded, so bid-ask spreads are worth a glance at the moment you trade.

Full DWSH profile⁠

Full SEIM profile⁠

DWSH vs SEIM 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.

DWSH vs SEIM Cost

Overpaying DWSH vs SEIM

$45,161

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

  • DWSH 3.53%

    $48,298

  • SEIM 0.15%

    $3,137

$10,000
30 years

Cost over time

  • DWSH 3.53%
  • SEIM 0.15%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K$40K$50K051015202530DWSH $48,298SEIM $3,137

Year by year

YearDWSHSEIMOverpaying
10$5,606$274$5,332
20$18,914$1,071$17,843
30$48,298$3,137$45,161

Expense ratio

  • 3.53%DWSH
  • 0.15%SEIM, cheaper
  • Middle half of US Active Momentum funds
  • Median 0.64%

SEIM 3rd cheapest of 20 funds

DWSH 20th cheapest of 20 funds

DWSH vs SEIM Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
DWSH 7.61%, better
SEIM 0.64%
Payout (12M)
DWSH $0.41
SEIM $0.32
Last payment
DWSH $0.41
SEIM $0.09
Ex-dividend
DWSH Dec 22, 2025
SEIM Oct 5, 2026
Paid on
DWSH Dec 29, 2025
SEIM Oct 6, 2026
Frequency
DWSH Annual
SEIM Quarterly

Distribution history

Per share, 2018 to 2026, same scale for both

DWSHAnnual · 5 paymentsAll DWSH payments⁠
One bar per payment. 5 payments from 2018 to 2026 YTD. Dec 27, 2018 $0.04; Dec 27, 2019 $0.03; Dec 26, 2023 $0.72; Dec 23, 2024 $0.43; Dec 22, 2025 $0.41. Use the arrow keys to read each point.$0$0.50202020232026YTD
SEIMQuarterly · 18 paymentsAll SEIM payments⁠
One bar per payment. 18 payments from 2018 to 2026 YTD. Jul 5, 2022 $0.06; Oct 4, 2022 $0.10; Dec 27, 2022 $0.09; Apr 3, 2023 $0.09; Jul 3, 2023 $0.06; Oct 3, 2023 $0.05; Dec 26, 2023 $0.05; Apr 3, 2024 $0.03; Jul 8, 2024 $0.03; Oct 4, 2024 $0.04; Dec 27, 2024 $0.08; Apr 3, 2025 $0.06; Jul 7, 2025 $0.07; Oct 3, 2025 $0.06; Dec 29, 2025 $0.06; Apr 6, 2026 $0.09; Jul 6, 2026 $0.08; Oct 5, 2026 $0.09. Use the arrow keys to read each point.$0$0.50202020232026YTD

DWSH vs SEIM Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
DWSH 20.1%SEIM 16.8%, better
Return per unit of riskSharpe ratio, 3 years
DWSH −0.75SEIM 1.30, better
Worst fallMax drawdown, 5 years
DWSH −40.1%SEIM −22.2%since May 2022
Market sensitivityBeta, 5 years
DWSH −1.07SEIM 1.08

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