Data as of .
CEPI vs ETCO: which paid, and which earned it?
Over the year CEPI paid 35.3% of its price in cash against ETCO’s 35.2%, 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, CEPI and ETCO hold 0% of their money in the same securities at the same weight.
| Only in CEPI | Only in ETCO |
|---|---|
| Advanced Micro Devices Inc 6.59% | TREASURY BILL 100.00% |
| Micron Technology Inc 5.71% | |
| Applied Digital Corp 5.64% | |
| Strategy Inc 5.58% | |
| MARA Holdings Inc 5.57% | |
| IREN Ltd 5.29% | |
| 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 Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| CEPI | ETCO | CEPI | ETCO | CEPI | ETCO | |
| 3 months | +0.9% | +18.4% | 9.6% | 11.7% | +3.1 pts | −36.3 pts |
| 6 months | +29.4% | −1.3% | 22.2% | 22.6% | −4.4 pts | −25.1 pts |
| 1 year | +18.1% | −47.4% | 35.3% | 35.2% | +6.0 pts | −4.8 pts |
| Since launch | +26.2% | −43.1% | 51.2% | 38.1% | −1.0 pts | −4.7 pts |
| CEPI REX Crypto Equity Premium Income ETF Covered call on BITQ, paying weekly | ETCO Grayscale Ethereum Covered Call ETF Covered call on ETHA, paying monthly | |
|---|---|---|
| Issuer | REX | Grayscale |
| Strategy | covered call | covered call |
| Benchmark | Crypto industry (BITQ), used as the crypto proxy | Ether (ETHA) |
| Pays | weekly | monthly |
| Payout rate, annualized | 41.0% | 19.8% |
| Expense ratio | 0.85% | 0.65% |
| Cash paid, 1 year | 35.3% | 35.2% |
| Price change, 1 year | −22.5% | −75.5% |
| Total return, 1 year | +18.1% | −47.4% |
| Benchmark return, 1 year | +12.1% | −42.6% |
| Ahead or behind | +6.0 pts | −4.8 pts |
| Return of capital, latest estimate | 100% | not published |
| Age | 653 days | 379 days |
| Net assets | $121m | $4m |
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).
ETCO in plain words
Over the year to Sep 18, 2026, ETCO paid 35.2% of its starting value in cash distributions while its price fell 75.5%. With every distribution reinvested, the fund returned −47.4%. Ether (ETHA) returned −42.6% over the same days, so a holder was behind by 4.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 19.8%, paid monthly.
Questions people ask
- Which paid more, CEPI or ETCO?
- Over the year to Sep 18, 2026, CEPI paid 35.3% of its starting price in cash and ETCO paid 35.2%, 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, CEPI or ETCO?
- With every distribution reinvested, CEPI returned +18.1% and ETCO returned −47.4% over the year to Sep 18, 2026, so CEPI returned more.
- Which is cheaper, CEPI or ETCO?
- CEPI charges 0.85% a year and ETCO charges 0.65%, so ETCO 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, CEPI against ETCO, data as of Sep 18, 2026. https://etfiq.com/compare/income/cepi-vs-etco Free to use with attribution; the underlying files are at Open data.