Data as of .
BALI vs SEPI: which paid, and which earned it?
Over the year BALI paid 8.5% of its price in cash against SEPI’s 7.5%, though SEPI returned more with it reinvested.
ETFIQ Return Stability Score: SEPI 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, BALI and SEPI hold 35% of their money in the same securities at the same weight.
| Holding | BALI | SEPI |
|---|---|---|
| APPLE | 6.15% | 5.24% |
| NVIDIA | 7.36% | 4.04% |
| MICROSOFT | 5.07% | 3.42% |
| AMAZON.COM INC | 3.29% | 3.36% |
| ALPHABET CLASS A | 2.70% | 4.68% |
| BROADCOM INC | 2.25% | 3.08% |
| META PLATFORMS CLASS A | 1.80% | 2.79% |
| EXXONMOBIL HOLDINGS CORP | 1.74% | 3.08% |
| MICRON TECHNOLOGY | 1.50% | 6.53% |
| ADVANCED MICRO DEVICES | 1.30% | 7.54% |
| JPMORGAN CHASE & CO | 1.20% | 1.77% |
| MERCK & CO INC | 0.94% | 2.67% |
| Only in BALI | Only in SEPI |
|---|---|
| BLK CSH FND TREASURY SL AGENCY 2.91% | GOLDMAN SACHS GROUP INC (THE) 3.91% |
| ALPHABET CLASS C 2.38% | EBAY INC 2.47% |
| BERKSHIRE HATHAWAY INC CLASS B 1.69% | ARISTA NETWORKS INC 2.18% |
| CHEVRON 1.65% | DUKE ENERGY CORP 2.08% |
| COSTCO WHOLESALE CORP 1.64% | GENERAL MOTORS COMPANY 1.96% |
| VISA CLASS A 1.55% | BERKSHIRE HATHAWAY INC 1.87% |
| TJX 1.19% | AKAMAI TECHNOLOGIES INC 1.80% |
| ELI LILLY 1.15% | HILTON WORLDWIDE HOLDINGS INC 1.72% |
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 Jun 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| BALI | SEPI | BALI | SEPI | BALI | SEPI | |
| 3 months | +4.0% | +5.4% | 2.0% | 2.1% | +1.8 pts | +3.2 pts |
| 6 months | +17.3% | +20.5% | 4.7% | 4.7% | −0.8 pts | +2.5 pts |
| 1 year | +18.5% | +21.8% | 8.5% | 7.5% | +2.0 pts | +5.2 pts |
| Since launch | +76.3% | +24.4% | 29.2% | 7.7% | −8.0 pts | +5.4 pts |
| BALI iShares U.S. Large Cap Premium Income Active ETF Covered call on SPY, paying monthly | SEPI Shelton Equity Premium Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | iShares | Shelton |
| Strategy | covered call | covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 7.5% | 8.3% |
| Expense ratio | 0.35% | 0.54% |
| Cash paid, 1 year | 8.5% | 7.5% |
| Price change, 1 year | +9.2% | +13.4% |
| Total return, 1 year | +18.5% | +21.8% |
| Benchmark return, 1 year | +16.6% | +16.6% |
| Ahead or behind | +2.0 pts | +5.2 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1086 days | 375 days |
| Net assets | $1.5bn | $152m |
BALI in plain words
Over the year to Sep 18, 2026, BALI paid 8.5% of its starting value in cash distributions while its price rose 9.2%. With every distribution reinvested, the fund returned +18.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was ahead by 2.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 7.5%, paid monthly.
SEPI in plain words
Over the year to Sep 18, 2026, SEPI paid 7.5% of its starting value in cash distributions while its price rose 13.4%. With every distribution reinvested, the fund returned +21.8%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was ahead by 5.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.3%, paid monthly.
Questions people ask
- Which paid more, BALI or SEPI?
- Over the year to Sep 18, 2026, BALI paid 8.5% of its starting price in cash and SEPI paid 7.5%, so BALI paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, BALI or SEPI?
- With every distribution reinvested, BALI returned +18.5% and SEPI returned +21.8% over the year to Sep 18, 2026, so SEPI returned more.
- Which is cheaper, BALI or SEPI?
- BALI charges 0.35% a year and SEPI charges 0.54%, so BALI 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, BALI against SEPI, data as of Sep 18, 2026. https://etfiq.com/compare/income/bali-vs-sepi Free to use with attribution; the underlying files are at Open data.