ESLV vs SEIV

ESLVBEventide Large Cap Value ETF

SEIVASEI QiM U.S. Large Cap Value Active ETF

In short

ESLV Faith-based investing usually means a big detour from the benchmark. Eventide screens US large-cap value names on ethics, then rebuilds the book to hug the Bloomberg U.S. 1000 Value index.

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

ESLV The Fund seeks long-term capital appreciation. It actively manages a long-only portfolio focused primarily on U.S. large-capitalization companies with value characteristics, applies values-based screening, and seeks to limit tracking error to the Bloomberg U.S. 1000 Value Total Return Index.

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

• ESLV Charges 0.39% a year, under the roughly 0.54% median for active US value ETFs.
• Screen first (Eventide's review of 50-plus ethical issues), then rebuild systematically to limit tracking error to the Bloomberg U.S. 1000 Value index.eventideinvestments.com
• Eventide has built faith-based portfolios since 2008, so the ethics engine is house infrastructure, not a label on a generic value sleeve.prnewswire.comeventideinvestments.com
• Plain plumbing: long-only US large-cap value stocks, no derivatives sideshow, cash paid out quarterly.

• 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

• ESLV Launched in 2025, so the live record is short and the screen's effect versus a standard value index has not seen a full cycle.
• Trades far less than the category's index-tracking heavyweights, which can mean wider spreads at the moment of execution.
• If the ethics screen is not the point, cheaper systematic value exists: AVLV at 0.15%, DFLV at 0.21%.

• 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 ESLV profile⁠

Full SEIV profile⁠