Data as of .
BAGY vs CEPI: which paid, and which earned it?
Over the year CEPI paid 35.3% of its price in cash against BAGY’s 20.3%, and returned more with it reinvested.
ETFIQ Return Stability Score: CEPI scores higher
Was the payout funded by returns, or by your own capital?
A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed
What they hold in common
By the books each fund has filed, BAGY and CEPI hold 0% of their money in the same securities at the same weight.
| Only in BAGY | Only in CEPI |
|---|---|
| Invesco Government & Agency Portfolio 12 45.60% | Advanced Micro Devices Inc 6.59% |
| Cash & Other 23.34% | Micron Technology Inc 5.71% |
| United States Treasury Bill 11/05/2026 18.11% | Applied Digital Corp 5.64% |
| MBTX 12/18/2026 169.25 C 17.25% | Strategy Inc 5.58% |
| United States Treasury Bill 09/29/2026 1.45% | MARA Holdings Inc 5.57% |
| MBTX 09/22/2026 188.42 C -2.58% | IREN Ltd 5.29% |
| MBTX 12/18/2026 169.25 P -3.17% | TSMC 4.72% |
| NVIDIA Corp 4.55% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| BAGY | CEPI | BAGY | CEPI | BAGY | CEPI | |
| 3 months | +11.0% | +0.9% | 7.4% | 9.6% | −18.2 pts | +3.1 pts |
| 6 months | −2.5% | +29.4% | 14.9% | 22.2% | −18.2 pts | −4.4 pts |
| 1 year | −40.2% | +18.1% | 20.3% | 35.3% | −9.2 pts | +6.0 pts |
| Since launch | −23.5% | +26.2% | 34.9% | 51.2% | −8.4 pts | −1.0 pts |
| BAGY Amplify Bitcoin Max Income Covered Call ETF Covered call on IBIT, paying monthly | CEPI REX Crypto Equity Premium Income ETF Covered call on BITQ, paying weekly | |
|---|---|---|
| Issuer | Amplify | REX |
| Strategy | covered call | covered call |
| Benchmark | Bitcoin (IBIT) | Crypto industry (BITQ), used as the crypto proxy |
| Pays | monthly | weekly |
| Payout rate, annualized | 29.9% | 41.0% |
| Expense ratio | 0.65% | 0.85% |
| Cash paid, 1 year | 20.3% | 35.3% |
| Price change, 1 year | −57.9% | −22.5% |
| Total return, 1 year | −40.2% | +18.1% |
| Benchmark return, 1 year | −31.1% | +12.1% |
| Ahead or behind | −9.2 pts | +6.0 pts |
| Return of capital, latest estimate | not published | 100% |
| Age | 507 days | 653 days |
| Net assets | $11m | $121m |
BAGY in plain words
Over the year to Sep 18, 2026, BAGY paid 20.3% of its starting value in cash distributions while its price fell 57.9%. With every distribution reinvested, the fund returned −40.2%. Bitcoin (IBIT) returned −31.1% over the same days, so a holder was behind by 9.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 29.9%, paid monthly.
CEPI in plain words
Over the year to Sep 18, 2026, CEPI paid 35.3% of its starting value in cash distributions while its price fell 22.5%. With every distribution reinvested, the fund returned +18.1%. Crypto industry (BITQ), used as the crypto proxy returned +12.1% over the same days, so a holder was ahead by 6.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 41.0%, paid weekly. REX estimates that 100% of the distribution paid Aug 27, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which paid more, BAGY or CEPI?
- Over the year to Sep 18, 2026, BAGY paid 20.3% of its starting price in cash and CEPI paid 35.3%, so CEPI paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, BAGY or CEPI?
- With every distribution reinvested, BAGY returned −40.2% and CEPI returned +18.1% over the year to Sep 18, 2026, so CEPI returned more.
- Which is cheaper, BAGY or CEPI?
- BAGY charges 0.65% a year and CEPI charges 0.85%, so BAGY is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, BAGY against CEPI, data as of Sep 18, 2026. https://etfiq.com/compare/income/bagy-vs-cepi Free to use with attribution; the underlying files are at Open data.