Data as of .
GRNI vs SEPI: which paid, and which earned it?
GRNI and SEPI both write options for income.
What they hold in common
By the books each fund has filed, GRNI and SEPI hold 36% of their money in the same securities at the same weight.
| Holding | GRNI | SEPI |
|---|---|---|
| Advanced Micro Devices Inc | 4.11% | 7.54% |
| Amazon.com Inc | 2.99% | 3.36% |
| Alphabet Inc | 2.96% | 4.68% |
| Broadcom Inc | 2.90% | 3.08% |
| Caterpillar Inc | 2.73% | 7.20% |
| NVIDIA Corp | 2.46% | 4.04% |
| Apple Inc | 2.39% | 5.24% |
| Microsoft Corp | 2.37% | 3.42% |
| Goldman Sachs Group Inc/The | 2.31% | 3.91% |
| Meta Platforms Inc | 2.23% | 2.79% |
| Arista Networks Inc | 2.86% | 2.18% |
| JPMorgan Chase & Co | 2.35% | 1.77% |
| Only in GRNI | Only in SEPI |
|---|---|
| Quanta Services Inc 3.23% | MICRON TECHNOLOGY INC 6.53% |
| GE Vernova Inc 3.08% | JOHNSON & JOHNSON 3.31% |
| Strategy Inc 3.04% | EXXON MOBIL CORP 3.08% |
| KLA Corp 2.75% | MERCK & COMPANY INC 2.67% |
| Eaton Corp PLC 2.64% | EBAY INC 2.47% |
| Bank of New York Mellon Corp/T 2.61% | DUKE ENERGY CORP 2.08% |
| ONEOK Inc 2.49% | GENERAL MOTORS COMPANY 1.96% |
| Air Products and Chemicals Inc 2.48% | CARDINAL HEALTH INC 1.91% |
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 | |||
|---|---|---|---|---|---|---|
| GRNI | SEPI | GRNI | SEPI | GRNI | SEPI | |
| 3 months | +2.1% | +5.4% | 2.5% | 2.1% | −0.2 pts | +3.2 pts |
| 6 months | +16.3% | +20.5% | 5.4% | 4.7% | −1.8 pts | +2.5 pts |
| 1 year | not published | +21.8% | not published | 7.5% | not published | +5.2 pts |
| Since launch | +14.5% | +24.4% | 7.8% | 7.7% | −2.1 pts | +5.4 pts |
| GRNI Fundstrat Granny Shots US Large Cap & Income ETF Option income on SPY, paying monthly | SEPI Shelton Equity Premium Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Fundstrat | Shelton |
| Strategy | option income | covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 10.0% | 8.3% |
| Expense ratio | 0.99% | 0.54% |
| Cash paid, 1 year | 7.8% (since launch on Nov 18, 2025) | 7.5% |
| Price change, 1 year | +6.2% | +13.4% |
| Total return, 1 year | +14.5% (since launch on Nov 18, 2025) | +21.8% |
| Benchmark return, 1 year | +16.6% | +16.6% |
| Ahead or behind | −2.1 pts | +5.2 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 304 days | 375 days |
| Net assets | $49m | $152m |
GRNI in plain words
Over the period since launch on Nov 18, 2025 to Sep 18, 2026, GRNI paid 7.8% of its starting value in cash distributions while its price rose 6.2%. With every distribution reinvested, the fund returned +14.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 2.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 10.0%, 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 is cheaper, GRNI or SEPI?
- GRNI charges 0.99% a year and SEPI charges 0.54%, so SEPI 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, GRNI against SEPI, data as of Sep 18, 2026. https://etfiq.com/compare/income/grni-vs-sepi Free to use with attribution; the underlying files are at Open data.