ETF Evaluator: SEI Select Small Cap ETF () Follow This ETF

SEI Select Small Cap ETF Overview

SEI Select Small Cap ETF (SEIS) is an actively managed U.S. Equity Small Blend exchange-traded fund (ETF). SEI Investments Co launched the ETF in 2024.

The investment seeks capital appreciation. 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 securities of small companies. For purposes of this fund, a small company is a company with a market capitalization in the range of companies in the Russell 2000 Index.

About SEI Select Small Cap ETF (SEIS)

There are 12 members of the management team with an average tenure of 1.81 years: Dante D'Orazio (2024), William Priebe (2024), David Hintz (2024), Eugene Barbaneagra (2024), Jianan Chen (2024), Philip Greenblatt (2024), Jason Collins (2024), Jose Munoz (2024), George Tyrakis (2024), Tianyu Xu (2024), Qi (Victor) Shang (2024) and Joshua Schachter (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.

SEI Select Small Cap ETF has 373 securities in its portfolio. The top 10 holdings constitute 10.9% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

SEI Select Small Cap ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. SEI Select Small Cap ETF has 3.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 96.5% There is 3.3% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). SEI Select Small Cap ETF has 0.2% of the portfolio in cash.

Assets Under Management

The fund has $575 million in total assets, which is below the $4 billion average for the Small Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

SEIS Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The SEI Select Small Cap ETF expense ratio is average compared to funds in the Small Blend category. SEI Select Small Cap ETF has an expense ratio of 0.55%, which is 30% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. SEI Select Small Cap ETF has a portfolio turnover rate of 98%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 50% for the Small Blend category.

Recently, in the month of July 2026, SEI Select Small Cap ETF returned -3.6%, which earned it a grade of D, as the Small Blend category had an average return of -2.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

SEI Select Small Cap ETF has a trailing yield of 0.34%, which is below the 1.17% category average. The fund normally distributes its income quarterly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

SEI Select Small Cap ETF Grades

Year to date, the ETF has returned 15.8%, 2.2 percentage points worse than the category, which translates into a grade of D. The fund has returned 26.0% over the past year (grade of D).

For more ETF grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.

Otherwise, for more information about SEI Select Small Cap ETF, including its riskiness, submit your email to unlock the rest of the article.