Data as of .
IQQQ vs SEPI: which paid, and which earned it?
Over the year SEPI paid 7.5% of its price in cash against IQQQ’s 6.5%, and 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, IQQQ and SEPI hold 37% of their money in the same securities at the same weight.
| Holding | IQQQ | SEPI |
|---|---|---|
| Apple, Inc. | 6.74% | 5.24% |
| Micron Technology, Inc. | 4.44% | 6.53% |
| NVIDIA Corp. | 7.54% | 4.04% |
| Microsoft Corp. | 4.92% | 3.42% |
| Advanced Micro Devices, Inc. | 3.41% | 7.54% |
| Amazon.com, Inc. | 4.27% | 3.36% |
| Alphabet, Inc. | 3.25% | 4.68% |
| Broadcom, Inc. | 3.11% | 3.08% |
| Meta Platforms, Inc. | 2.74% | 2.79% |
| Walmart, Inc. | 2.30% | 1.69% |
| Netflix, Inc. | 1.47% | 1.21% |
| Fortinet, Inc. | 0.41% | 1.15% |
| Only in IQQQ | Only in SEPI |
|---|---|
| ProShares GENIUS Money Market ETF 7.60% | CATERPILLAR INC 7.20% |
| Tesla, Inc. 3.20% | GOLDMAN SACHS GROUP INC (THE) 3.91% |
| Alphabet, Inc. 3.01% | JOHNSON & JOHNSON 3.31% |
| Intel Corp. 2.33% | EXXON MOBIL CORP 3.08% |
| Cisco Systems, Inc. 1.93% | MERCK & COMPANY INC 2.67% |
| Costco Wholesale Corp. 1.72% | EBAY INC 2.47% |
| Lam Research Corp. 1.61% | ARISTA NETWORKS INC 2.18% |
| Palantir Technologies, Inc. 1.46% | DUKE ENERGY CORP 2.08% |
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 May 31, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| IQQQ | SEPI | IQQQ | SEPI | IQQQ | SEPI | |
| 3 months | −3.1% | +5.4% | 1.8% | 2.1% | −0.6 pts | +3.2 pts |
| 6 months | +19.1% | +20.5% | 4.2% | 4.7% | −5.1 pts | +2.5 pts |
| 1 year | +17.7% | +21.8% | 6.5% | 7.5% | −4.1 pts | +5.2 pts |
| Since launch | +51.5% | +24.4% | 24.4% | 7.7% | −13.0 pts | +5.4 pts |
| IQQQ ProShares Nasdaq-100 High Income ETF Option income on QQQ, paying monthly | SEPI Shelton Equity Premium Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | ProShares | Shelton |
| Strategy | option income | covered call |
| Benchmark | Nasdaq-100 (QQQ) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 5.7% | 8.3% |
| Expense ratio | 0.97% | 0.54% |
| Cash paid, 1 year | 6.5% | 7.5% |
| Price change, 1 year | +10.8% | +13.4% |
| Total return, 1 year | +17.7% | +21.8% |
| Benchmark return, 1 year | +21.8% | +16.6% |
| Ahead or behind | −4.1 pts | +5.2 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 912 days | 375 days |
| Net assets | $405m | $152m |
IQQQ in plain words
Over the year to Sep 18, 2026, IQQQ paid 6.5% of its starting value in cash distributions while its price rose 10.8%. With every distribution reinvested, the fund returned +17.7%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 4.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 5.7%, 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, IQQQ or SEPI?
- Over the year to Sep 18, 2026, IQQQ paid 6.5% of its starting price in cash and SEPI paid 7.5%, so SEPI paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, IQQQ or SEPI?
- With every distribution reinvested, IQQQ returned +17.7% and SEPI returned +21.8% over the year to Sep 18, 2026, so SEPI returned more.
- Which is cheaper, IQQQ or SEPI?
- IQQQ charges 0.97% 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, IQQQ against SEPI, data as of Sep 18, 2026. https://etfiq.com/compare/income/iqqq-vs-sepi Free to use with attribution; the underlying files are at Open data.