ITAN vs SEIV: Grades, Fees and Holdings Compared

Sparkline Intangible Value ETF

ITANBNYSE Arca

SEI QiM U.S. Large Cap Value Active ETF

SEIVACboe

Overlap

25.4%by weight

Expense ratio

SEIV −0.35pt a year

ITAN0.50%SEIV0.15%

Avg volume · 30D

SEIV 12.7×the volume

ITAN11.1KSEIV141K

3Y return · a year

SEIV +1.2pt

ITAN+26.1%SEIV+27.3%

ITAN vs SEIV Performance

Oct 31, 2025 – Nov 2, 2026

+26.3%ITAN+27.1%SEIV

Expense ratio: ITAN 0.50%; SEIV 0.15%, better
Fund size: ITAN $123M; SEIV $1.62B
1Y total return: ITAN +26.3%; SEIV +27.1%, better
Yield (12M): ITAN 0.98%; SEIV 1.57%, better
Holdings: ITAN 152; SEIV 123
Avg volume (30D): ITAN 11.1K sh; SEIV 141K sh, better
NAV per share: ITAN $44.75; SEIV $49.52
52W range

ETF.net Grade

Pillar letters and Scores for ITAN, SEIV, with each pillar’s weight
Pillar	ITAN	SEIV
Cost30% weight	B57	A98Higher
Mission25% weight	Not scored	A82
Risk15% weight	C43	B66Higher
Tradability15% weight	B60	A91Higher
Holdings10% weight	A80Higher	A76
Durability5% weight	B56	A75Higher

Rank among US Active Value funds

How we build Categories ›

Same Category. ITAN 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 2nd and ITAN 25th of 64 funds in the US Active Value Category.

Rank 1AAVLVAvantis U.S. Large Cap Value ETFScore 86
Rank 2ASEIVSEI QiM U.S. Large Cap Value Active ETFScore 85
Rank 2AWTVWisdomTree U.S. Value FundScore 85
Rank 24BASLVAllspring Special Large Value ETFScore 58
Rank 25BITANSparkline Intangible Value ETFScore 57
Rank 25BLSVDLSV Disciplined Value ETFScore 57

Our read on each fund

ETF.net Research

ITANBSparkline Intangible Value ETF

SEIVASEI QiM U.S. Large Cap Value Active ETF

In short

ITAN Value investing rewritten for an asset-light economy. Patents, brands, talent and networks never show up on a balance sheet, so ITAN scores them with language models and then hunts for the ones priced too cheaply.

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

ITAN The Fund pursues long-term capital appreciation.

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

ITAN Book value misses patents, brands, talent and networks. Sparkline reads patents, job postings and earnings calls with natural language processing to price what accountants leave out.sparklinecapital.com
0.50% a year, below the median for its US value peer group. Unusual restraint for a boutique shop selling proprietary research.
Sits in the upper half of a crowded active US value field, with the portfolio construction its strongest feature.
Live since 2021 on a broad US large-cap opportunity set, measured against the Solactive GBS United States 1000. This is mainstream America seen through a different lens, not a micro-cap corner.

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

ITAN Fully active, no index to hug. The holdings reflect one firm's model of intangible worth and can look nothing like a classic price-to-book screen.sparklinecapital.com
You pay for the research. Systematic value peers like AVLV (0.15%) and WTV (0.12%) charge a fraction for a rules-based version of the same style box.
A small, lightly traded boutique fund, so spreads can run wider than the household-name value ETFs.

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 ITAN profile⁠

Full SEIV profile⁠

ITAN vs SEIV Holdings

How ITAN and SEIV differ

Overlap by weight

25.4%

Shared holdings make up 40.0% of SEIV and 35.2% of ITAN.

Level by level

Holdings42 in both25.4%
Sector11 Sectors77.6%
Countryby domicile98.5%
Asset classEquity100%

Sector

Sector weights in ITAN and SEIV, widest gap first
Sector	More in ITANMore in SEIV	ITAN	SEIV
Financials	SEIV +13.0 points	4.2%	17.2%
Industrials	ITAN +6.5 points	10.5%	4.0%
Health Care	ITAN +6.3 points	18.1%	11.8%
Utilities	SEIV +6.1 points	0.0%	6.1%
Consumer Discretionary	ITAN +4.4 points	14.1%	9.7%
Technology	ITAN +3.3 points	36.2%	32.9%
Energy	SEIV +3.3 points	0.4%	3.7%
Consumer Staples	ITAN +1.6 points	3.5%	1.9%
Materials	ITAN +0.4 points	1.6%	1.2%
Real Estate	ITAN +0.1 points	0.4%	0.3%
Communication	SEIV +0.1 points	11.1%	11.2%

Country, concentration and asset class

Country by domicile

Country weights in ITAN and SEIV, widest gap first
Country	More in ITANMore in SEIV	ITAN	SEIV
United States	ITAN +1.2 points	99.7%	98.5%
Mexico	SEIV +1.1 points	0.0%	1.1%
Other countries (2)	SEIV +0.1 points	0.3%	0.4%

Concentration

Weight in the 10 largest Holdings

ITAN20.3%
SEIV25.0%

Securities held

ITAN151
SEIV122

Asset class

ITAN: Equity
SEIV: Equity

Holdings

Only in ITAN109
In both42
Only in SEIV80

Only in ITAN

109 securities, 64.7% of ITAN by weight

International Business Machines Corp2.10%
Intel Corp1.87%
Merck & Co Inc1.79%
Salesforce Inc1.77%
Accenture PLC1.69%
Cisco Systems Inc1.67%
Medtronic PLC1.49%
Walt Disney Co/The1.31%
T-Mobile US Inc1.20%
Uber Technologies Inc1.10%
Northrop Grumman Corp1.09%
Boeing Co/The1.07%
Honeywell International Inc1.05%
FedEx Corp1.04%
Becton Dickinson & Co0.97%
NIKE Inc0.92%
NXP Semiconductors NV0.92%
PayPal Holdings Inc0.88%
Workday Inc0.87%
Intuit Inc0.86%
Block Inc0.85%
Humana Inc0.83%
eBay Inc0.80%
Biogen Inc0.79%
Allstate Corp/The0.77%
IQVIA Holdings Inc0.75%
L3Harris Technologies Inc0.74%
Centene Corp0.74%
Atlassian Corp0.73%
Okta Inc0.71%
Dow Inc0.68%
Labcorp Holdings Inc0.65%
Illumina Inc0.63%
Autodesk Inc0.63%
Best Buy Co Inc0.59%
Quest Diagnostics Inc0.58%
Twilio Inc0.56%
Kraft Heinz Co/The0.55%
Stanley Black & Decker Inc0.55%
Halliburton Co0.54%
Roku Inc0.54%
Docusign Inc0.53%
Jacobs Solutions Inc0.52%
PPG Industries Inc0.50%
Gartner Inc0.50%
Charter Communications Inc0.49%
CACI International Inc0.48%
Nutanix Inc0.48%
Zebra Technologies Corp0.48%
Jones Lang LaSalle Inc0.48%

Only in SEIV

80 securities, 59.6% of SEIV by weight

NVIDIA Corp3.54%
Apple Inc3.48%
Cardinal Health Inc2.57%
Microsoft Corp2.19%
Prudential Financial Inc2.12%
Micron Technology Inc2.12%
Citigroup Inc2.04%
Synchrony Financial1.87%
Exelon Corp1.68%
Edison International1.60%
Expand Energy Corp1.47%
Tenet Healthcare Corp1.34%
Everest Group Ltd1.23%
Mckesson Corp1.21%
Reinsurance Group of America1.18%
Gen Digital Inc1.14%
Apa Corp1.08%
Unum Group1.05%
Renaissancere Holdings Ltd1.01%
Ovintiv Inc1.00%
Flex Ltd0.98%
Carnival Corp Ltd0.95%
Crown Holdings Inc0.88%
Eversource Energy0.84%
P G & E Corp0.82%
Fox Corp - Class A0.78%
Td Synnex Corp0.74%
Incyte Corp0.74%
Alcoa Corp0.73%
Regions Financial Corp0.72%
Zions Bancorp Na0.72%
Affiliated Managers Group0.68%
Popular Inc0.67%
Consolidated Edison Inc0.66%
Universal Health Services-B0.66%
Corebridge Financial Inc0.61%
Ugi Corp0.52%
Axis Capital Holdings Ltd0.49%
Millicom Intl Cellular S.a.0.48%
Cencora Inc0.48%
Avnet Inc0.47%
Amdocs Ltd0.47%
Fox Corp - Class B0.46%
Newmont Corp0.40%
Onemain Holdings Inc0.40%
Lear Corp0.40%
Xp Inc - Class A0.39%
Ingredion Inc0.39%
Cirrus Logic Inc0.37%
Ryder System Inc0.36%

Weight gaps

All 42 Holdings in both funds, largest gap first.

Holding weights in ITAN and SEIV, widest gap first
Holding	More in ITANMore in SEIV	ITAN	SEIV
Amazon.com IncAMZN	ITAN +4.18 points	4.55%	0.37%
Alphabet IncGOOG	SEIV +1.78 points	0.22%	2.00%
General Motors CoGM	SEIV +1.49 points	1.12%	2.61%
HP IncHPQ	SEIV +1.18 points	0.65%	1.83%
Lockheed Martin CorpLMT	ITAN +1.13 points	1.27%	0.14%
Pfizer IncPFE	ITAN +1.10 points	1.65%	0.55%
Capital One Financial CorpCOF	ITAN +1.01 points	1.43%	0.42%
Verizon Communications IncVZ	SEIV +0.81 points	1.51%	2.32%
United Airlines Holdings IncUAL	SEIV +0.81 points	0.68%	1.49%
Ford Motor CoF	SEIV +0.72 points	0.89%	1.61%
Target CorpTGT	ITAN +0.68 points	1.08%	0.40%
Cognizant Technology Solutions CorpCTSH	SEIV +0.67 points	0.71%	1.38%
Adobe IncADBE	SEIV +0.63 points	1.28%	1.91%
Hewlett Packard Enterprise CoHPE	SEIV +0.56 points	0.77%	1.33%
NetApp IncNTAP	SEIV +0.49 points	0.70%	1.19%
CVS Health CorpCVS	SEIV +0.47 points	1.40%	1.87%
Bristol-Myers Squibb CoBMY	ITAN +0.47 points	1.28%	0.81%
QUALCOMM IncQCOM	ITAN +0.46 points	1.72%	1.26%
Arrow Electronics IncARW	SEIV +0.44 points	0.40%	0.84%
BorgWarner IncBWA	SEIV +0.44 points	0.25%	0.69%
Ally Financial IncALLY	SEIV +0.41 points	0.34%	0.75%
Skyworks Solutions IncSWKS	SEIV +0.38 points	0.53%	0.91%
Davita IncDVA	ITAN +0.36 points	0.40%	0.04%
Match Group IncMTCH	SEIV +0.36 points	0.34%	0.70%
Jazz Pharmaceuticals PLCJAZZ	SEIV +0.35 points	0.42%	0.77%
Expedia Group IncEXPE	SEIV +0.34 points	0.67%	1.01%
Kroger Co/TheKR	SEIV +0.31 points	0.57%	0.88%
Leidos Holdings IncLDOS	SEIV +0.28 points	0.59%	0.87%
Viatris IncVTRS	SEIV +0.26 points	0.60%	0.86%
AT&T IncT	SEIV +0.22 points	1.45%	1.67%
H&R Block IncHRB	SEIV +0.22 points	0.26%	0.48%
Comcast CorpCMCSA	ITAN +0.20 points	1.13%	0.93%
Dell Technologies IncDELL	ITAN +0.19 points	0.81%	0.62%
Lincoln National CorpLNC	SEIV +0.17 points	0.27%	0.44%
Macy's IncM	SEIV +0.16 points	0.24%	0.40%
American Airlines Group IncAAL	SEIV +0.13 points	0.38%	0.51%
F5 IncFFIV	SEIV +0.12 points	0.36%	0.48%
Zoom Communications IncZM	SEIV +0.11 points	0.59%	0.70%
Delta Air Lines IncDAL	SEIV +0.09 points	0.65%	0.74%
Dropbox IncDBX	SEIV +0.06 points	0.37%	0.43%
Sirius XM Holdings IncSIRI	SEIV +0.06 points	0.31%	0.37%
Textron IncTXT	ITAN +0.02 points	0.39%	0.37%

All 154 ITAN 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.

ITAN vs SEIV Cost

Overpaying ITAN vs SEIV

$6,842

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

ITAN 0.50%
$9,979
SEIV 0.15%
$3,137

Amount$10,000

Years30 years

Cost over time

ITAN 0.50%
SEIV 0.15%
Overpaying

Year by year

Year	ITAN	SEIV	Overpaying
10	$900	$274	$626
20	$3,460	$1,071	$2,389
30	$9,979	$3,137	$6,842

Expense ratio

0.50%ITAN
0.15%SEIV, cheaper

SEIV0.15%ITAN0.50%

0.12%1.25%

Middle half of US Active Value funds
Median 0.55%

SEIV 2nd cheapest of 64 funds

ITAN 26th cheapest of 64 funds

ITAN vs SEIV Dividends

Last 12 months to Nov 2, 2026

Yield (12M): ITAN 0.98%; SEIV 1.57%, better
Payout (12M): ITAN $0.44; SEIV $0.78
Last payment: ITAN $0.14; SEIV $0.21
Ex-dividend: ITAN Sep 28, 2026; SEIV Oct 5, 2026
Paid on: ITAN Sep 30, 2026; SEIV Oct 6, 2026
Frequency: ITAN Quarterly; SEIV Quarterly

Distribution history

Per share, 2021 to 2026, same scale for both

ITANQuarterly · 18 paymentsAll ITAN payments⁠

SEIVQuarterly · 18 paymentsAll SEIV payments⁠

ITAN vs SEIV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: ITAN 14.0%SEIV 12.1%, better
Return per unit of riskSharpe ratio, 3 years: ITAN 1.48SEIV 1.80, better
Worst fallMax drawdown, 5 years: ITAN −30.4%SEIV −18.2%since May 2022
Market sensitivityBeta, 5 years: ITAN 1.09SEIV 0.89; Market = 1

ITAN 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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ITAN vs SEIV

In short

Stated mandate

Why people hold it

Worth knowing

How ITAN and SEIV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in ITAN

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 ITAN and SEIV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in ITAN

Only in SEIV

Weight gaps