Sei Dbi Multi Strategy Alternative Etf (QALT US)
QALT US$25.99
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Performance
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Share price activity
Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
- Last (Price)
- 25.99
- Change
- ▲ 0.04 (0.15)
- Bid / Ask
- 25.94 - 25.99
- Volume
- 1,912
- Turnover
- 46,975
- Open
- 26.01
- Day Range
- 25.95 - 26.01
- VWAP
- 25.98
- Prev Close
- 25.95
- Last Trade
- 28/10 4:00pm
Fund profile
Displays who issues the fund, how it is structured and invests, its Morningstar category and benchmark, size, headline costs and dates, sourced from Morningstar. Fund size counts every class of the fund; ETF net assets is this listing alone.
Fund size
$193.6M
OCT 2026
Distributions
Annually
Since inception
3.3 yrs
JUN 2023
- Legal name
- SEI DBi Multi-Strategy Alternative ETF
- Issuer
- SEI Investments Co
- Type
- Exchange-Traded Fund
- Structure
- Open Ended Investment Company
- Management style
- Actively managed
- Morningstar category
- Multistrategy
- Category index
- Morningstar Con Tgt Risk TR USD
- Benchmark
- Bloomberg US Agg Bond TR USD
- ETF net assets
- $193.6M
- Units on issue
- 7.4M
- Management fee
- 0.80% p.a.
- Domicile
- United States
- Base currency
- USD
- Inception
- 30 JUN 2023
- Listed
- 25 AUG 2025
- Index provider
- Bloomberg Index
Objective and strategy
The investment seeks long-term capital appreciation. Under normal circumstances, the fund will take long and short positions in investments that provide broad exposure to the global equity, fixed income and currency markets. The fund will invest primarily in exchange-traded derivative instruments, including futures, options, and swaps, but to a lesser extent may invest in derivative instruments that are traded over-the-counter, such as forwards.
Asset allocation
Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.
US equity 28.70%Non-US equity 19.44%
| Asset class | Net % | Long % | Short % |
|---|---|---|---|
| Equity | 48.14 | 67.34 | 19.21 |
| Bond | -491.76 | 0.00 | 491.76 |
| Cash | 543.61 | 555.51 | 11.90 |
| Other | 0.01 | 0.01 | 0.00 |
Sector exposure
Displays the share of the fund held in each sector, sourced from Morningstar.
Cyclical 30.09%Sensitive 51.46%Defensive 18.45%
- Basic Materials
- 4.39%
- Consumer Cyclical
- 7.96%
- Financial Services
- 13.58%
- Real Estate
- 4.16%
- Communication Services
- 4.18%
- Energy
- 3.94%
- Industrials
- 15.94%
- Technology
- 27.40%
- Consumer Defensive
- 2.98%
- Healthcare
- 13.35%
- Utilities
- 2.12%
Region exposure
Displays the share of the fund held in each region, sourced from Morningstar.
Developed markets 91.52%Emerging markets 8.48%
- North America
- 71.16%
- Latin America
- 1.55%
- United Kingdom
- 2.11%
- Europe Developed
- 5.19%
- Europe Emerging
- 0.35%
- Africa / Middle East
- 1.40%
- Japan
- 2.47%
- Australasia
- 0.67%
- Asia Developed
- 9.33%
- Asia Emerging
- 5.77%
Country exposure
Displays the twelve countries the fund holds most of, sourced from Morningstar.
- United States
- 71.00%
- Taiwan
- 5.07%
- South Korea
- 3.76%
- China
- 3.37%
- Japan
- 2.47%
- United Kingdom
- 2.11%
- India
- 1.92%
- Other Countries
- 1.04%
- Switzerland
- 1.04%
- Brazil
- 1.01%
- Germany
- 0.86%
- France
- 0.83%
Style box
Displays where the fund's shareholdings sit on Morningstar's style box: size (large, mid, small) down and investment style (value, blend, growth) across, sourced from Morningstar.
LargeMidSmallValueBlendGrowth
- Style
- Mid Blend
Size score
159
Small
Mid
Large
Value-growth score
196
Value
Blend
Growth
Economic moat
Wide 36%Narrow 31%None 33%
Market capitalisation
Displays the share of the fund's shareholdings in giant, large, mid, small and micro cap companies, sourced from Morningstar.
- Giant
- 22.18%
- Large
- 12.77%
- Mid
- 14.99%
- Small
- 33.85%
- Micro
- 16.21%
Giant 22%Large 13%Mid 15%Small 34%Micro 16%
- Average market cap
- $22.32B
- Number of holdings
- 45
- Shares held
- 0
Portfolio statistics · 21 SEP 2026
Displays the valuation, yield, size, concentration and quality of the fund's shareholdings taken together (trailing twelve months), sourced from Morningstar.
- Price / earnings
- 19.77
- Price / book
- 2.94
- Price / sales
- 2.14
- Price / cash flow
- 13.79
- Dividend yield
- 1.23%
- Assets in top 10
- -443.61%
- Return on equity
- 18.76%
- Net margin
- 17.43%
- Earnings growth (3 yr)
- 15.13%
Top holdings · top 10 = -102.50% of assets
Displays the fund's ten largest holdings and their weight in the portfolio, sourced from Morningstar.
| Holding | % Weight | First bought | Market value | Currency | Units held | Sector | Country | |
|---|---|---|---|---|---|---|---|---|
| US Treasury Bond Future Dec 26 ZBZ26 | -93.38 | — | -51.4M | USD | 478 | — | United States | |
| 10 Year Treasury Note Future Dec 26 ZNZ26 | -66.83 | — | -36.8M | USD | 347 | — | United States | |
| E-mini S&P MidCap 400 Future Dec 26 EMDZ26 | 22.12 | — | 12.2M | USD | 33 | — | United States | |
| E-mini Russell 2000 Index Future Dec 26 RTYZ26 | 20.00 | — | 11.0M | USD | 76 | — | United States | |
| E-mini S&P 500 Future Dec 26 ESZ26 | -19.21 | — | -10.6M | USD | 27 | — | United States | |
| MSCI Emerging Markets Index Future Dec 26 MMEZ26 | 11.85 | — | 6.5M | USD | 74 | — | United States | |
| E-mini Nasdaq 100 Future Dec 26 NQZ26 | 6.71 | — | 3.7M | USD | 6 | — | United States | |
| MSCI EAFE Index Future Dec 26 MFSZ26 | 6.69 | — | 3.7M | USD | 23 | — | United States | |
| Federal Home Loan Banks 0% | 5.44 | — | 3.0M | USD | 3.0M | — | United States | |
| Federal Home Loan Banks 0% | 4.13 | — | 2.3M | USD | 2.3M | — | United States |
Trailing returns · 30 SEP 2026
Displays total returns after fees at net asset value, the return at the ASX market price, the return before fees, and where the fund ranks among funds in its Morningstar category, sourced from Morningstar.
Fund (NAV) Market price
1M
-0.7
3M
0.0
6M
5.3
YTD
7.2
1Y
10.7
3Y
7.1
| Period | Fund (NAV) % | Market price % | Before fees % | Rank in category |
|---|---|---|---|---|
| 1 month | -0.68 | -0.74 | -0.61 | 71 / 119 |
| 3 months | -0.03 | -0.17 | 0.17 | 76 / 119 |
| 6 months | 5.34 | 5.39 | 5.76 | 41 / 116 |
| Year to date | 7.16 | 6.93 | 7.80 | 51 / 114 |
| 1 year | 10.66 | 10.46 | 11.54 | 33 / 113 |
| 3 years p.a. | 7.13 | 7.08 | 8.12 | 60 / 106 |
Returns to 30 SEP 2026, periods of 3 years and longer annualised. Rank is the percentile in the Morningstar category at 30 SEP 2026 (1 = best) over the funds ranked.
Calendar year returns
Displays the total return after fees and the capital (price) return for each calendar year, with the fund's rank in its Morningstar category, sourced from Morningstar.
Total Capital
2024
8.5
2025
5.7
| Year | Total % | Capital % | Rank in category |
|---|---|---|---|
| 2025 | 5.73 | 2.99 | 62 / 117 |
| 2024 | 8.47 | 4.76 | 81 / 126 |
Risk statistics · 30 SEP 2026
Displays how the fund has moved relative to its category index: alpha (return beyond the index), beta (sensitivity to it), R-squared (how much the index explains), volatility and risk-adjusted returns, sourced from Morningstar.
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Alpha | 2.53 | -1.71 | — | — |
| Beta | 0.32 | 0.27 | — | — |
| R-squared | 38.66 | 25.60 | — | — |
| Standard deviation | 7.33 | 6.35 | — | — |
| Sharpe ratio | 0.90 | 0.40 | — | — |
| Sortino ratio | 1.41 | 0.59 | — | — |
| Tracking error | 11.22 | 10.36 | — | — |
| Information ratio | -0.54 | -1.41 | — | — |
| Upside capture % | 53.86 | 34.25 | — | — |
| Downside capture % | 36.15 | 33.95 | — | — |
| Maximum drawdown % | -4.21 | -6.25 | — | — |
Measured against MSCI ACWI NR USD with USTREAS T-Bill Auction Ave 3 Mon as the risk-free rate, to 30 SEP 2026. Maximum drawdown is on gross returns at the latest quarter end.
Portfolio risk score
Displays Morningstar's Portfolio Risk Score for the fund's holdings, how closely the ETF tracks its index day to day, the estimated cost of holding it against the index, the cost of trading it at market size, and its best and worst quarters since inception, sourced from Morningstar.
Risk score
29.1
Cash 0
Global shares 100
Morningstar Portfolio Risk Score at 30 SEP 2026.
- Best quarter
- 6.96% · FEB 2026
- Worst quarter
- -6.25% · APR 2025
Fees and costs
Displays the fund's ongoing costs as a percentage of assets per year: the PDS management fees and costs, performance fee and transaction costs that make up the total cost ratio (the RG 97 forward estimate, and what was charged last financial year), and the buy / sell spread, sourced from Morningstar.
- Management fees and costs
- 0.80% p.a.
- PDS dated
- 31 JUL 2026
Distributions
Displays the most recent distribution paid per unit and its key dates, sourced from Morningstar.
- Latest distribution
- 0.1658
- Ex Date
- 5 OCT 2026
- Record Date
- 5 OCT 2026
- Pay Date
- 6 OCT 2026
- NAV at ex date
- 26.54
- Paid this year
- 0.4710
Distributions by year
Displays the total distributions paid per unit in each calendar year, sourced from Morningstar.
2024
0.7
2023
0.9
2022
0.4
| Year | Per unit ($) |
|---|---|
| 2024 | 0.6634 |
| 2023 | 0.8787 |
| 2022 | 0.4433 |
Distribution history
Displays the most recent distributions by ex date, sourced from Morningstar.
| Ex Date | Per unit ($) |
|---|---|
| 5 OCT 2026 | 0.1658 |
| 6 JUL 2026 | 0.1522 |
| 6 APR 2026 | 0.1530 |
| 29 DEC 2025 | 0.6634 |
| 27 DEC 2024 | 0.8787 |
| 27 DEC 2023 | 0.4432 |
Sustainability rating · 31 AUG 2026
Displays the Morningstar Sustainability Rating (1 to 5 globes, more is better) and the portfolio ESG risk score behind it (lower is less risk), against the average of the fund's global category, sourced from Morningstar and Sustainalytics.
Above Average
ESG risk score
19.85
Negligible
Low
Medium
High
Severe
Category average 24.87
- Rank in category
- 12th percentile of 2,691 funds
- Environmental risk
- 5.38
- Social risk
- 7.49
- Governance risk
- 4.24
- Portfolio covered
- 91.0%
ESG risk of holdings
Displays the share of the covered portfolio held in companies with negligible, low, medium, high and severe ESG risk, sourced from Morningstar and Sustainalytics.
- Negligible
- 2.88%
- Low
- 58.84%
- Medium
- 27.94%
- High
- 9.04%
- Severe
- 1.30%
4.34% of assets are in companies with high or severe controversies.
Carbon · 31 AUG 2026
Displays the portfolio carbon risk score (lower is less exposure to the transition to a low-carbon economy), the share of the portfolio in companies with fossil fuel revenue, and whether the fund earns Morningstar's Low Carbon Designation, sourced from Morningstar and Sustainalytics.
Carbon risk score
7.92
Low
Medium
High
Severe
Category average 10.10
- Carbon risk
- Low Risk
- Rank in category
- 39th percentile of 113 funds
- Fossil fuel involvement
- 5.70%
- Category average
- 12.67%
- Low Carbon Designation
- No
- Portfolio covered
- 90.9%
Fund managers
Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
- Radoslav Koitchev
- Andrew Beer
- Mathias Mamou-Mani
Tenure
Displays how long the managers have run the fund: the average and longest tenure, who has served longest, the latest appointment and how many other funds the team manages, sourced from Morningstar.
- Number of managers
- 3
- Average tenure
- 3.3 years
- Longest tenure
- 3.3 years
- Longest serving
- Radoslav Koitchev, Andrew Beer, Mathias Mamou-Mani · since 30 JUN 2023
- Most recent appointment
- Radoslav Koitchev, Andrew Beer, Mathias Mamou-Mani · since 30 JUN 2023
- Managed since
- 30 JUN 2023
- Other funds managed
- 9
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
Announcements are available for ASX-listed companies only.
Opinion
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Action
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