Data as of .
EIPI vs SEMY: which paid, and which earned it?
EIPI and SEMY both write options for income.
What they hold in common
By the books each fund has filed, EIPI and SEMY hold 0% of their money in the same securities at the same weight.
| Only in EIPI | Only in SEMY |
|---|---|
| Enterprise Products Partners L.P. 8.76% | Treasury Bill 50.64% |
| Energy Transfer LP 6.86% | Treasury Bill 49.36% |
| MPLX LP 4.67% | |
| Kinder Morgan, Inc. 3.88% | |
| ExxonMobil Holdings Corp. 3.50% | |
| ONEOK, Inc. 3.12% | |
| US Dollar 2.97% | |
| Shell plc (ADR) 2.90% |
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 | |||
|---|---|---|---|---|---|---|
| EIPI | SEMY | EIPI | SEMY | EIPI | SEMY | |
| 3 months | +5.1% | −4.8% | 1.7% | 17.4% | −15.4 pts | +8.4 pts |
| 6 months | +4.1% | +17.5% | 3.4% | 43.7% | −5.8 pts | −31.4 pts |
| 1 year | +21.1% | not published | 7.6% | not published | −26.8 pts | not published |
| Since launch | +49.1% | +33.9% | 22.6% | 71.5% | +1.2 pts | −38.5 pts |
| EIPI FT Energy Income Partners Enhanced Income ETF Covered call on XLE, paying monthly | SEMY GraniteShares YieldBOOST Semiconductor ETF Synthetic covered call on SMH, paying weekly | |
|---|---|---|
| Issuer | First Trust | GraniteShares |
| Strategy | covered call | synthetic covered call |
| Benchmark | Energy sector (XLE), used as the energy proxy | Semiconductors (SMH) |
| Pays | monthly | weekly |
| Payout rate, annualized | 6.7% | 67.3% |
| Expense ratio | 1.11% | 1.07% |
| Cash paid, 1 year | 7.6% | 71.5% (since launch on Nov 18, 2025) |
| Price change, 1 year | +12.8% | −48.7% |
| Total return, 1 year | +21.1% | +33.9% (since launch on Nov 18, 2025) |
| Benchmark return, 1 year | +47.8% | +72.5% |
| Ahead or behind | −26.8 pts | −38.5 pts |
| Return of capital, latest estimate | not published | 98% |
| Age | 865 days | 304 days |
| Net assets | $1.1bn | $50m |
EIPI in plain words
Over the year to Sep 18, 2026, EIPI paid 7.6% of its starting value in cash distributions while its price rose 12.8%. With every distribution reinvested, the fund returned +21.1%. Energy sector (XLE), used as the energy proxy returned +47.8% over the same days, so a holder was behind by 26.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 6.7%, paid monthly.
SEMY in plain words
Over the period since launch on Nov 18, 2025 to Sep 18, 2026, SEMY paid 71.5% of its starting value in cash distributions while its price fell 48.7%. With every distribution reinvested, the fund returned +33.9%. Semiconductors (SMH) returned +72.5% over the same days, so a holder was behind by 38.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 67.3%, paid weekly. GraniteShares estimates that 98% of the distribution paid Aug 25, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which is cheaper, EIPI or SEMY?
- EIPI charges 1.11% a year and SEMY charges 1.07%, so SEMY 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, EIPI against SEMY, data as of Sep 18, 2026. https://etfiq.com/compare/income/eipi-vs-semy Free to use with attribution; the underlying files are at Open data.