SEUS vs VONV: Grades, Fees and Holdings Compared

SEI QiM U.S. Equity Factor Allocation Active ETF

SEUSCNasdaq

Vanguard Russell 1000 Value ETF

VONVANasdaq

Overlap

33.1%by weight

Expense ratio

VONV −0.24pt a year

SEUS0.30%VONV0.06%

Avg volume · 30D

VONV 1.3×the volume

SEUS590KVONV774K

SEUS vs VONV Performance

Jul 31, 2026 – Nov 2, 2026

+1.1%SEUS+3.4%VONV

Expense ratio: SEUS 0.30%; VONV 0.06%, better
Fund size: SEUS $933M; VONV $23.3B
1Y total return: SEUS No data; VONV +28.9%
Yield (12M): SEUS No data; VONV 1.53%
Holdings: SEUS 371; VONV 887
Avg volume (30D): SEUS 590K sh; VONV 774K sh, better
NAV per share: SEUS $25.63; VONV $113.44
52W range

ETF.net Grade

Pillar letters and Scores for SEUS, VONV, with each pillar’s weight
Pillar	SEUS	VONV
Cost30% weight	C48	A96Higher
Mission25% weight	Not scored	A100
Risk15% weight	B58	A86Higher
Tradability15% weight	B60	B60
Holdings10% weight	C54Higher	C49
Durability5% weight	C45	A93Higher

Rank among US Multifactor funds

How we build Categories ›

Same Category. SEUS and VONV are both graded against the same 99 US Multifactor funds, so their Grades compare head to head.

US Multifactor⁠

Category · 99 funds

See all 99 ›

VONV ranks 1st and SEUS 53rd of 99 funds in the US Multifactor Category.

Rank 1AVONVVanguard Russell 1000 Value ETFScore 85
Rank 2AILCViShares Morningstar Value ETFScore 81
Rank 53CMOATVanEck Morningstar Wide Moat ETFScore 53
Rank 53CSEUSSEI QiM U.S. Equity Factor Allocation Active ETFScore 53
Rank 56CAFLGFirst Trust Active Factor Large Cap ETFScore 52

Our read on each fund

ETF.net Research

SEUSCSEI QiM U.S. Equity Factor Allocation Active ETF

VONVAVanguard Russell 1000 Value ETF

In short

SEUS No data

VONV The plain-vanilla value trade, done cheap: about 900 large US value stocks, full replication of the Russell 1000 Value Index, 0.06% a year. No factor cocktail, no premium price tag, and one of the strongest implementations in its factor peer group.

Stated mandate

SEUS No data

VONV The fund seeks to track the Russell 1000 Value Index, representing large-capitalization value stocks in the United States. It uses passive indexing and full replication to remain closely aligned with that benchmark.

Why people hold it

SEUS No data

VONV 0.06% a year, a fraction of the typical fee among factor ETFs. On a rules-based value index there is little room for cleverness, so cost does most of the work.vanguard.com
Full replication, not sampling: it owns the index's roughly 900 names and has stayed tightly aligned with the Russell 1000 Value benchmark since launching in 2010.
Same Russell benchmark as pricier rivals for less: the Goldman MarketBeta version (GVUS) charges 0.12% to track the identical value index.
A multi-billion-dollar fund that trades actively, among the easiest in its group to get in and out of, and it distributes quarterly.

Worth knowing

SEUS No data

VONV One screen, one style. Value only, with no quality or momentum overlay, so the ride follows the value side of the market wherever it goes.vanguard.com
This is the entire value bucket, not a best-ideas portfolio. About 900 holdings means results hug the large-cap value category rather than stray from it.
Cheaper exists nearby: Vanguard's VYM charges 0.04%, but it screens for dividend yield, a different portfolio than a Russell value index.

Full SEUS profile⁠

Full VONV profile⁠

SEUS vs VONV Holdings

How SEUS and VONV differ

Overlap by weight

33.1%

Shared holdings make up 72.6% of SEUS and 51.9% of VONV.

Level by level

Holdings234 in both33.1%
Sector11 Sectors78.7%
Countryby domicile99.3%
Asset classEquity100%

Sector

Sector weights in SEUS and VONV, widest gap first
Sector	More in SEUSMore in VONV	SEUS	VONV
Technology	SEUS +15.5 points	37.4%	21.9%
Communication	SEUS +5.8 points	9.2%	3.4%
Financials	VONV +5.6 points	12.3%	17.9%
Consumer Staples	VONV +4.3 points	2.9%	7.2%
Energy	VONV +3.3 points	2.9%	6.2%
Real Estate	VONV +3.2 points	0.3%	3.5%
Materials	VONV +1.9 points	1.4%	3.3%
Industrials	VONV +1.4 points	8.1%	9.5%
Health Care	VONV +1.0 points	12.4%	13.4%
Utilities	VONV +0.6 points	2.8%	3.4%
Consumer Discretionary	Same weight	10.4%	10.4%

Country, concentration and asset class

Country by domicile

Country weights in SEUS and VONV, widest gap first
Country	More in SEUSMore in VONV	SEUS	VONV
United States	VONV +0.7 points	99.3%	100.0%
Other countries (5)	SEUS +0.7 points	0.7%	0.0%

Concentration

Weight in the 10 largest Holdings

SEUS25.0%
VONV29.8%

Securities held

SEUS370
VONV883

Asset class

SEUS: Equity
VONV: Equity

Holdings

Only in SEUS136
In both234
Only in VONV649

Only in SEUS

136 securities, 27.0% of SEUS by weight

NVIDIA Corp5.16%
Alphabet Inc-Cl A1.98%
Micron Technology Inc1.37%
Visa Inc-Class A Shares1.14%
Alphabet Inc-Cl C1.03%
Broadcom Inc0.85%
Expedia Group Inc0.75%
Mastercard Inc - A0.62%
Everest Group Ltd0.59%
Cencora Inc0.52%
Lam Research Corp0.41%
Autodesk Inc0.40%
Lockheed Martin Corp0.36%
Jabil Inc0.36%
Airbnb Inc-Class A0.33%
Jackson Financial Inc-A0.30%
Fortinet Inc0.29%
Booking Holdings Inc0.28%
Medtronic PLC0.27%
Palantir Technologies Inc-A0.26%
Dexcom Inc0.25%
Advanced Micro Devices0.25%
Carnival Corp Ltd0.24%
Eli Lilly & Co0.22%
Enersys0.22%
Trane Technologies PLC0.22%
Frontdoor Inc0.22%
American Airlines Group Inc0.21%
Cnx Resources Corp0.20%
Invesco Ltd0.20%
Johnson Controls Internation0.19%
Caterpillar Inc0.19%
Portland General Electric Co0.19%
Fluor Corp0.17%
Manhattan Associates Inc0.17%
Signet Jewelers Ltd0.17%
Anglogold Ashanti PLC0.16%
Radian Group Inc0.16%
Bread Financial Holdings Inc0.15%
Belden Inc0.15%
Netflix Inc0.15%
Tapestry Inc0.14%
Gap Inc/The0.14%
Gartner Inc0.14%
Scorpio Tankers Inc0.13%
Applied Materials Inc0.13%
Samsara Inc-Cl A0.13%
Enova International Inc0.12%
Murphy Oil Corp0.12%
Crescent Energy Inc-A0.11%

Only in VONV

649 securities, 47.9% of VONV by weight

Berkshire Hathaway Inc2.55%
ExxonMobil Holdings Corp1.84%
Chevron Corp1.04%
UnitedHealth Group Inc0.91%
Bank of America Corp0.90%
Coca-Cola Co/The0.81%
Thermo Fisher Scientific Inc0.69%
Wells Fargo & Co0.67%
Costco Wholesale Corp0.62%
Linde PLC0.60%
International Business Machines Corp0.57%
Walt Disney Co/The0.50%
Abbott Laboratories0.47%
Welltower Inc0.46%
Deere & Co0.46%
Blackrock Inc0.44%
NextEra Energy Inc0.43%
ConocoPhillips0.42%
PepsiCo Inc0.42%
Union Pacific Corp0.41%
Eaton Corp PLC0.39%
Danaher Corp0.38%
Prologis Inc0.34%
Progressive Corp/The0.33%
Uber Technologies Inc0.33%
S&P Global Inc0.32%
Chubb Ltd0.31%
American Express Co0.31%
Accenture PLC0.31%
Medtronic PLC0.30%
Lowe's Cos Inc0.28%
Freeport-McMoRan Inc0.27%
Equinix Inc0.27%
Valero Energy Corp0.27%
Phillips 660.26%
Southern Co/The0.26%
CME Group Inc0.26%
US Bancorp0.25%
PNC Financial Services Group Inc/The0.24%
Emerson Electric Co0.24%
CSX Corp0.24%
Intercontinental Exchange Inc0.23%
General Dynamics Corp0.23%
Johnson Controls International plc0.23%
Williams Cos Inc/The0.23%
Marsh & McLennan Cos Inc0.23%
Elevance Health Inc0.23%
T-Mobile US Inc0.22%
Constellation Energy Corp0.21%
Warner Bros Discovery Inc0.20%

Weight gaps

The 100 widest of 234 Holdings in both funds.

Holding weights in SEUS and VONV, widest gap first
Holding	More in SEUSMore in VONV	SEUS	VONV
Amazon.com IncAMZN	VONV +4.01 points	2.07%	6.08%
JPMorgan Chase & CoJPM	VONV +2.38 points	0.05%	2.43%
Intel CorpINTC	VONV +1.47 points	0.04%	1.51%
Netapp IncNTAP	SEUS +1.01 points	1.08%	0.07%
Walmart IncWMT	VONV +0.94 points	0.20%	1.14%
AbbVie IncABBV	VONV +0.93 points	0.24%	1.17%
Adobe IncADBE	SEUS +0.92 points	1.00%	0.08%
Microsoft CorpMSFT	VONV +0.91 points	4.32%	5.23%
Johnson & JohnsonJNJ	VONV +0.75 points	1.00%	1.75%
Cardinal Health IncCAH	SEUS +0.73 points	0.81%	0.08%
Merck & Co. Inc.MRK	VONV +0.72 points	0.27%	0.99%
Tenet Healthcare CorpTHC	SEUS +0.69 points	0.75%	0.06%
Exelixis IncEXEL	SEUS +0.66 points	0.69%	0.03%
Goldman Sachs Group IncGS	VONV +0.64 points	0.03%	0.67%
General Motors CoGM	SEUS +0.63 points	0.82%	0.19%
Cognizant Tech Solutions-ACTSH	SEUS +0.63 points	0.70%	0.07%
Hewlett Packard EnterpriseHPE	SEUS +0.59 points	0.82%	0.23%
Gen Digital IncGEN	SEUS +0.58 points	0.61%	0.03%
Procter & Gamble Co/ThePG	VONV +0.58 points	0.35%	0.93%
Rtx CorporationRTX	VONV +0.58 points	0.11%	0.69%
Apa CorpAPA	SEUS +0.57 points	0.61%	0.04%
Mckesson CorpMCK	SEUS +0.56 points	0.58%	0.02%
Hp IncHPQ	SEUS +0.56 points	0.64%	0.08%
Morgan StanleyMS	VONV +0.55 points	0.03%	0.58%
Exelon CorpEXC	SEUS +0.53 points	0.64%	0.11%
Synchrony FinancialSYF	SEUS +0.51 points	0.57%	0.06%
Jazz Pharmaceuticals PLCJAZZ	SEUS +0.48 points	0.52%	0.04%
United Airlines Holdings IncUAL	SEUS +0.48 points	0.57%	0.09%
Match Group IncMTCH	SEUS +0.47 points	0.50%	0.03%
Cisco Systems IncCSCO	VONV +0.46 points	0.71%	1.17%
Viatris IncVTRS	SEUS +0.45 points	0.51%	0.06%
Affiliated Managers GroupAMG	SEUS +0.44 points	0.47%	0.03%
Prudential Financial IncPRU	SEUS +0.44 points	0.55%	0.11%
Renaissancere Holdings LtdRNR	SEUS +0.43 points	0.47%	0.04%
Idexx Laboratories IncIDXX	SEUS +0.43 points	0.45%	0.02%
Edison InternationalEIX	SEUS +0.42 points	0.48%	0.06%
Zoom Communications IncZM	SEUS +0.40 points	0.47%	0.07%
Crown Holdings IncCCK	SEUS +0.40 points	0.43%	0.03%
Verizon Communications IncVZ	SEUS +0.39 points	0.92%	0.53%
Delta Air Lines IncDAL	SEUS +0.39 points	0.52%	0.13%
Ralph Lauren CorpRL	SEUS +0.39 points	0.40%	0.01%
Reinsurance Group of AmericaRGA	SEUS +0.39 points	0.43%	0.04%
Devon Energy CorpDVN	SEUS +0.38 points	0.52%	0.14%
Arrow Electronics IncARW	SEUS +0.38 points	0.41%	0.03%
Unum GroupUNM	SEUS +0.36 points	0.40%	0.04%
Ww Grainger IncGWW	SEUS +0.36 points	0.38%	0.02%
Analog Devices IncADI	VONV +0.35 points	0.14%	0.49%
Salesforce IncCRM	VONV +0.35 points	0.15%	0.50%
Leidos Holdings IncLDOS	SEUS +0.36 points	0.40%	0.04%
AT&T IncT	SEUS +0.35 points	0.80%	0.45%
Skyworks Solutions IncSWKS	SEUS +0.35 points	0.39%	0.04%
Verisign IncVRSN	SEUS +0.35 points	0.41%	0.06%
Bristol-Myers Squibb CoBMY	SEUS +0.35 points	0.70%	0.35%
P G & E CorpPCG	SEUS +0.34 points	0.41%	0.07%
Schwab (Charles) CorpSCHW	VONV +0.34 points	0.07%	0.41%
Omnicom GroupOMC	SEUS +0.33 points	0.39%	0.06%
Ford Motor CoF	SEUS +0.33 points	0.46%	0.13%
Ovintiv IncOVV	SEUS +0.34 points	0.38%	0.04%
Borgwarner IncBWA	SEUS +0.33 points	0.36%	0.03%
Expand Energy CorpEXE	SEUS +0.33 points	0.38%	0.05%
Zions Bancorp NaZION	SEUS +0.34 points	0.36%	0.02%
Popular IncBPOP	SEUS +0.33 points	0.35%	0.02%
Alcoa CorpAA	SEUS +0.32 points	0.35%	0.03%
Ryder System IncR	SEUS +0.31 points	0.33%	0.02%
Monster Beverage CorpMNST	SEUS +0.30 points	0.39%	0.09%
Cirrus Logic IncCRUS	SEUS +0.30 points	0.32%	0.02%
Universal Health Services-BUHS	SEUS +0.30 points	0.32%	0.02%
H&R Block IncHRB	SEUS +0.30 points	0.31%	0.01%
Td Synnex CorpSNX	SEUS +0.30 points	0.35%	0.05%
Ally Financial IncALLY	SEUS +0.29 points	0.32%	0.03%
Firstenergy CorpFE	SEUS +0.29 points	0.36%	0.07%
Watts Water Technologies-AWTS	SEUS +0.28 points	0.31%	0.03%
Corebridge Financial IncCRBG	SEUS +0.29 points	0.31%	0.02%
Quest Diagnostics IncDGX	SEUS +0.28 points	0.35%	0.07%
Nordson CorpNDSN	SEUS +0.28 points	0.33%	0.05%
Vertex Pharmaceuticals IncVRTX	VONV +0.27 points	0.09%	0.36%
Philip Morris InternationalPM	VONV +0.26 points	0.56%	0.82%
Kraft Heinz Co/TheKHC	SEUS +0.26 points	0.31%	0.05%
F5 IncFFIV	SEUS +0.25 points	0.32%	0.07%
Motorola Solutions IncMSI	SEUS +0.25 points	0.38%	0.13%
Science Applications InteSAIC	SEUS +0.25 points	0.26%	0.01%
Teledyne Technologies IncTDY	SEUS +0.24 points	0.32%	0.08%
Ebay IncEBAY	SEUS +0.25 points	0.34%	0.09%
Stryker CorpSYK	VONV +0.24 points	0.02%	0.26%
Cvs Health CorpCVS	SEUS +0.24 points	0.54%	0.30%
Macy's IncM	SEUS +0.23 points	0.25%	0.02%
Docusign IncDOCU	SEUS +0.23 points	0.26%	0.03%
Amdocs LtdDOX	SEUS +0.22 points	0.24%	0.02%
Colgate-Palmolive CoCL	SEUS +0.22 points	0.33%	0.11%
Fox Corp - Class BFOX	SEUS +0.23 points	0.25%	0.02%
Yum! Brands IncYUM	SEUS +0.23 points	0.30%	0.07%
Masco CorpMAS	SEUS +0.21 points	0.25%	0.04%
Fox Corp - Class AFOXA	SEUS +0.22 points	0.25%	0.03%
Rockwell Automation IncROK	SEUS +0.22 points	0.24%	0.02%
Avnet IncAVT	SEUS +0.22 points	0.24%	0.02%
Lincoln National CorpLNC	SEUS +0.21 points	0.23%	0.02%
Ross Stores IncROST	SEUS +0.20 points	0.23%	0.03%
Onemain Holdings IncOMF	SEUS +0.20 points	0.22%	0.02%
Qualcomm IncQCOM	VONV +0.20 points	0.33%	0.53%
Fastenal CoFAST	SEUS +0.20 points	0.23%	0.03%

All 370 SEUS holdings⁠All 872 VONV 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.

SEUS vs VONV Cost

Overpaying SEUS vs VONV

$4,879

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

SEUS 0.30%
$6,149
VONV 0.06%
$1,270

Amount$10,000

Years30 years

Cost over time

SEUS 0.30%
VONV 0.06%
Overpaying

Year by year

Year	SEUS	VONV	Overpaying
10	$545	$110	$435
20	$2,113	$432	$1,681
30	$6,149	$1,270	$4,879

Expense ratio

0.30%SEUS
0.06%VONV, cheaper

VONV0.06%SEUS0.30%

0.04%1.01%

Middle half of US Multifactor funds
Median 0.29%

VONV 4th cheapest of 99 funds

SEUS 51st cheapest of 99 funds

SEUS vs VONV Dividends

Last 12 months to Nov 2, 2026

Yield (12M): SEUS No data; VONV 1.53%
Payout (12M): SEUS No data; VONV $1.74
Last payment: SEUS $0.07; VONV $0.42
Ex-dividend: SEUS Oct 5, 2026; VONV Sep 23, 2026
Paid on: SEUS Oct 6, 2026; VONV Sep 25, 2026
Frequency: SEUS Irregular; VONV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

SEUSIrregular · 1 paymentAll SEUS payments⁠

VONVQuarterly · 39 paymentsAll VONV payments⁠

SEUS vs VONV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: SEUS No dataVONV 12.1%
Return per unit of riskSharpe ratio, 3 years: SEUS No dataVONV 1.43
Worst fallMax drawdown, 5 years: SEUS No dataVONV −18.9%
Market sensitivityBeta, 5 years: SEUS 0.00VONV 0.85; Market = 1

SEUS and VONV in the news

All news⁠

Category Review
US multifactor funds ran 30 points apart
Updated Oct 23, 2026SEUSVONV
Best ETFs
Best value ETFs: Vanguard's 0.03% fund, unless you want Russell's list
Updated Nov 2, 2026VONV
Best ETFs
The best value ETF depends on whose list you bought
Updated Oct 2, 2026VONV

Popular comparisons

SEUSCvsILCVA
SEI QiM U.S. Equity Factor Allocation Active ETF · iShares Morningstar Value ETF
Expense ratio
0.30% · 0.04%
Category
VONVAvsILCVA
Vanguard Russell 1000 Value ETF · iShares Morningstar Value ETF
Expense ratio
0.06% · 0.04%
Category
SEUSCvsVYMA
SEI QiM U.S. Equity Factor Allocation Active ETF · Vanguard High Dividend Yield ETF
Expense ratio
0.30% · 0.04%
Category
VONVAvsVYMA
Vanguard Russell 1000 Value ETF · Vanguard High Dividend Yield ETF
Expense ratio
0.06% · 0.04%
Category
SEUSCvsIMCVA
SEI QiM U.S. Equity Factor Allocation Active ETF · iShares Morningstar Mid-Cap Value ETF
Expense ratio
0.30% · 0.06%
Category
VONVAvsIMCVA
Vanguard Russell 1000 Value ETF · iShares Morningstar Mid-Cap Value ETF
Expense ratio
0.06% · 0.06%
Category

SEUS vs VONV

In short

Stated mandate

Why people hold it

Worth knowing

How SEUS and VONV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in SEUS

Only in VONV

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

US multifactor funds ran 30 points apart

Best value ETFs: Vanguard's 0.03% fund, unless you want Russell's list

The best value ETF depends on whose list you bought

How SEUS and VONV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in SEUS

Only in VONV

Weight gaps