Long-term capital appreciation with lower volatility relative to the broad U.S. large cap equity market.
The following table describes the fees and expenses that you will incur if you buy, hold and sell shares of the Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the fee table or example below.
|
Management Fees1 |
0.15 |
% |
|||||
|
Distribution and/or Service (12b-1) Fees |
None |
||||||
|
Other Expenses1,2 |
0.00 |
% |
|||||
|
Total Annual Fund Operating Expenses |
0.15 |
% |
|||||
1 The investment advisory agreement between SEI Exchange Traded Funds (the Trust) and SEI Investments Management Corporation (SIMC), the Fund's adviser (the Investment Advisory Agreement) provides that SIMC will pay all operating expenses of the Fund, except the management fees, interest expenses, dividend and other expenses on securities sold short, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions (including brokerage commissions), acquired fund fees and expenses, distribution fees or expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act (if any), fees and expenses of the Board of Trustees, litigation expenses and any extraordinary expenses.
2 The amount rounded to 0.00%.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell or hold all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same.
| 1 Year |
$ |
15 |
|||||
| 3 Years |
$ |
48 |
|||||
| 5 Years |
$ |
85 |
|||||
| 10 Years |
$ |
192 |
|||||
| 1 Year |
$ |
15 |
|||||
| 3 Years |
$ |
48 |
|||||
| 5 Years |
$ |
85 |
|||||
| 10 Years |
$ |
192 |
|||||
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund's performance.
During the most recent fiscal year, the Fund's portfolio turnover rate was 23% of the average value of its portfolio.
Under normal circumstances, the Fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity and equity-related securities (such as convertible bonds, convertible preferred stock, depositary receipts, warrants and rights) issued by large U.S. companies.
The Fund seeks to provide long-term capital appreciation by investing primarily in U.S. common stocks, while aiming to experience lower volatility compared to the broad U.S. large cap equity market. SIMC uses a quantitative-based, active stock selection investment process to construct the Fund's portfolio, utilizing a combination of factor scoring model, risk model and optimization. The factor scoring model evaluates all of the securities in the investment universe of U.S. large-capitalization stocks based on measures of Value, Momentum, Quality and Low Volatility factor families. Each of the factor families is described in further detail in the "More Information About the Funds — Factors" section. The risk model predicts common factor and stock specific risks. The optimization process constructs a portfolio based on the desired exposure to certain factor characteristics and certain other investment restrictions, as weighed against the objective to achieve lower volatility than the broad U.S. large cap equity market.
The bar chart and the performance table below provide some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year to year for the past three calendar years and by showing how the Fund's average annual returns for 1 year and since the Fund's inception compare with those of a broad measure of market performance. The Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. For current performance information, please call 1-800-DIAL-SEI.
|
|
Best Quarter: 7.77% (9/30/2024) Worst Quarter: -4.94% (09/30/2023) The Fund's total return (pre-tax) from January 1, 2026 to June 30, 2026 was 1.62%. |
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Best Quarter: 7.77% (9/30/2024)
Worst Quarter: -4.94% (09/30/2023)
The Fund's total return (pre-tax) from January 1, 2026 to June 30, 2026 was 1.62%.
This table compares the Fund's average annual total returns for periods ended December 31, 2025 to those of a broad-based securities market index and an additional index with characteristics relevant to the Fund's investment strategy.
After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Your actual after-tax returns will depend on your tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
|
SEI QiM U.S. Large Cap Low Volatility Active ETF |
1 Year |
Since Inception (5/18/2022) |
|||||||||
|
Return Before Taxes |
12.76 |
% |
9.68 |
% |
|||||||
|
Return After Taxes on Distributions |
12.29 |
% |
9.16 |
% |
|||||||
|
Return After Taxes on Distributions and Sale of Fund Shares |
7.87 |
% |
7.49 |
% |
|||||||
|
S&P 500 Index Return (reflects no deduction for fees, expenses or taxes) |
17.88 |
% |
18.33 |
% |
|||||||
|
Russell 1000 Index Return (reflects no deduction for fees, expenses or taxes) |
17.37 |
% |
18.08 |
% |
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