This document presents a comparative study of five-level and seven-level diode-clamped inverters controlled by space vector pulse width modulation (SVPWM). MATLAB/SIMULINK models of the two inverter topologies were developed. SVPWM control algorithms based on symmetrical sequence were used for each inverter. Both inverters were simulated driving an induction motor. The results showed that the seven-level inverter produced less harmonic distortion and torque fluctuations in the motor, while the five-level inverter had lower commutation losses. The seven-level inverter provided better motor dynamic response.