GVLE vs SEIV

GVLECGoldman Sachs Value Opportunities ETF

SEIVASEI QiM U.S. Large Cap Value Active ETF

In short

GVLE A stock-picker's version of value: roughly 20 to 40 companies Goldman's team thinks the market is mispricing, not a rules-based screen of hundreds of names. The strategy ran as a mutual fund from 2015 before converting into this ETF in 2025.

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

GVLE The Fund seeks long-term capital appreciation. It pursues that objective by investing in companies GSAM considers value opportunities.

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

• GVLE Concentrated on purpose. The prospectus targets roughly 20 to 40 holdings, so individual research calls actually move the portfolio instead of getting diluted.sec.gov
• Charges 0.45%, under the median for actively managed US value funds, though systematic rivals like AVLV (0.15%) and WTV (0.12%) come in cheaper.
• Wider hunting ground than the name suggests: any market cap, plus up to 20% of assets in foreign stocks, including emerging markets.sec.gov
• Not a brand-new idea in a new wrapper. It arrived via a 2025 mutual fund conversion and carries the predecessor fund's history back to 2015.gs.com

• 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

• GVLE Small asset base and light trading volume, so spreads can run wider than in the category's household-name value funds.
• Non-diversified. A stumble at one large holding lands harder here than in a broad value index fund holding hundreds of stocks.sec.gov
• Distributions come once or twice a year, not quarterly or monthly, so it isn't structured as 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 GVLE profile⁠

Full SEIV profile⁠