EPSV vs SEIV

EPSVDHarbor SMID Cap Value ETF (EPSV)

SEIVASEI QiM U.S. Large Cap Value Active ETF

In short

EPSV A 2025-vintage Harbor fund that hunts value down the market-cap ladder: roughly 60 small- and mid-cap US names, actively picked, in a corner of the market dominated by cheap large-cap index screens.

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

EPSV The Fund seeks long-term total return by investing principally in common stocks and other equity securities of U.S. small- and mid-capitalization companies. Normally, at least 80% of net assets plus investment borrowings is invested in smid-cap securities regarded as value stocks.

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

• EPSV Concentrated by design: roughly 60 stocks, not the several hundred a broad value index sweeps up. Every holding actually moves the needle.
• Fishes below where most value ETFs cast. The prospectus commits at least 80% of net assets to small- and mid-cap stocks the manager reads as value.
• Truth in labeling: the portfolio it runs is the US smid value portfolio it advertises, not a large-cap book wearing a value badge.

• 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

• EPSV 0.88% a year is active-manager pricing. Index-built value peers like AVMV charge 0.20%, so the stock picking carries a real cost hurdle.
• Launched in 2025, small, and thinly traded. Short record to judge on, and light volume can mean wider spreads getting in and out.
• Payouts land once or twice a year. This is built for total return, not a steady income stream.

• 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 EPSV profile⁠

Full SEIV profile⁠