Data as of Nov 4, 2026.
GRNI vs SEPI: Dividend Yield & Total Return
GRNI and SEPI both write options for income.
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Net assets: $55m on Jul 31, 2026 for Fundstrat Granny Shots US Large Cap & Income ETF, and $152m on Jun 30, 2026 for Shelton Equity Premium Income ETF.
Not measured
GRNI since launch: paid 9.5%, price −0.6%, total +9.0%, not measured against a benchmark. Data to Nov 4, 2026.
GRNI
+9.0%
9.5% of it arrived as cash
Total return, distributions reinvested
Not measured
GRNI since launch: paid 9.5%, price −0.6%, total +9.0%, not measured against a benchmark. Data to Nov 4, 2026.
GRNI
+9.0%
9.5% cash
9.5% of it arrived as cash. Total return, distributions reinvested. GRNI since launch: paid 9.5%, price −0.6%, total +9.0%, not measured against a benchmark. Data to Nov 4, 2026.
Data to Nov 4, 2026.3.1 pts ahead of SPY
SEPI over 1 year: paid 8.9%, price +8.3%, total +17.9%, SPY +14.8%, +3.1 pts. Data to Nov 4, 2026.
SPY
+14.8%
SEPI
+17.9%
8.9% of it arrived as cash
3.1 pts ahead of SPY
Total return, distributions reinvested
3.1 pts ahead of SPY
SEPI over 1 year: paid 8.9%, price +8.3%, total +17.9%, SPY +14.8%, +3.1 pts. Data to Nov 4, 2026.
SPY
+14.8%
SEPI
+17.9%
8.9% cash
3.1 pts ahead of SPY
8.9% of it arrived as cash. Both charts share one scale, with zero at the line. SEPI over 1 year: paid 8.9%, price +8.3%, total +17.9%, SPY +14.8%, +3.1 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
SEPI costs 0.45 points a year less.
Points (pts) are percentage points.
| Measure | GRNI | SEPI |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | not published | +17.9% |
| Price change | fell 6.4% (6 months) | rose 8.3% (1 year) |
| Against its benchmark | ||
| Benchmark | its own stocks | S&P 500, measured through SPY |
| Against its benchmark, same days | behind by 0.8 pts | ahead by 3.1 pts |
| Cost and size | ||
| Expense ratio | 0.99% | 0.54% |
| Net assets, GRNI as of Jul 31, 2026 and SEPI as of Jun 30, 2026 | $55m | $152m |
| Holdings | ||
| Holdings in common | 31% | |
Risk and return
Nov 28, 2025 to Oct 30, 2026 · 48 weekly returnsFrom Nov 2025 to Oct 2026, SEPI returned more: +13.0% to +6.5%. SEPI fell less at its worst: −6.6% to −8.3%.
Full scorecard
3 measures, with how each is measured Open ↓
| Measure | GRNI | SEPI | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +6.5% | +13.0% | SEPI | Price change plus distributions, reinvested. |
| Price return | −2.9% | +4.5% | SEPI | Price change alone, distributions left out. |
| Risk | ||||
| Max drawdown | −8.3% | −6.6% | SEPI | Deepest fall from a high to the low after it. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 48 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, GRNI and SEPI hold 31% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.
half
31% in common
Only in one fund ↓
Side by side
As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.
Window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | GRNI | SEPI | GRNI | SEPI | GRNI | SEPI |
| 3 months | −3.9% | −0.1% | 2.5% | 2.1% | −0.6 pts | 0.0 pts |
| 6 months | −1.6% | +6.8% | 5.0% | 4.4% | −0.8 pts | +1.8 pts |
| 1 year | – | +17.9% | – | 8.9% | – | +3.1 pts |
| Since launchNot the same days: GRNI Nov 2025 · SEPI Sep 2025 | +9.0% | +23.5% | 9.5% | 10.0% | not measured | +3.7 pts |
– means no data for this window. Open this comparison in the app →
No client brief for this pair: ETFIQ prints no one-year total return for GRNI.
GRNI's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jul 31, 2026) returned −0.8% over the same days, so a holder was behind by 0.8 pts.
Over the 6 months to Nov 4, 2026, GRNI paid 5.0% of its starting value in cash distributions while its price fell 6.4%. With every distribution reinvested, the fund returned −1.6%. At its price on Nov 4, 2026 the latest distribution annualizes to 10.5%, paid monthly.
SEPI
Over the year to Nov 4, 2026, SEPI paid 8.9% of its starting value in cash distributions while its price rose 8.3%. With every distribution reinvested, the fund returned +17.9%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was ahead by 3.1 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 8.5%, paid monthly. Shelton estimates that 99% of the distribution paid Sep 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, GRNI against SEPI, data as of Nov 4, 2026. https://etfiq.com/compare/income/grni-vs-sepi
ETFIQ. (Nov 4, 2026). GRNI against SEPI. Retrieved from https://etfiq.com/compare/income/grni-vs-sepi
[GRNI against SEPI (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/grni-vs-sepi)
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