Data as of .
JEPQ vs SEPI: which paid, and which earned it?
Over the year JEPQ paid 11.9% of its price in cash against SEPI’s 7.5%, though SEPI 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, JEPQ and SEPI hold 38% of their money in the same securities at the same weight.
| Holding | JEPQ | SEPI |
|---|---|---|
| Micron Technology, Inc. | 5.58% | 6.53% |
| Apple, Inc. | 5.83% | 5.24% |
| Alphabet, Inc. | 5.05% | 4.68% |
| NVIDIA Corp. | 6.68% | 4.04% |
| Advanced Micro Devices, Inc. | 3.87% | 7.54% |
| Microsoft Corp. | 3.90% | 3.42% |
| Amazon.com, Inc. | 3.67% | 3.36% |
| Meta Platforms, Inc. | 2.38% | 2.79% |
| Broadcom, Inc. | 2.16% | 3.08% |
| Walmart, Inc. | 1.79% | 1.69% |
| Netflix, Inc. | 1.22% | 1.21% |
| Monster Beverage Corp. | 0.51% | 1.56% |
| Only in JEPQ | Only in SEPI |
|---|---|
| Lam Research Corp. 2.89% | CATERPILLAR INC 7.20% |
| Tesla, Inc. 2.39% | GOLDMAN SACHS GROUP INC (THE) 3.91% |
| Seagate Technology Holdings plc 1.93% | JOHNSON & JOHNSON 3.31% |
| Intel Corp. 1.62% | EXXON MOBIL CORP 3.08% |
| Marvell Technology, Inc. 1.38% | MERCK & COMPANY INC 2.67% |
| Cisco Systems, Inc. 1.34% | EBAY INC 2.47% |
| Applied Materials, Inc. 1.31% | ARISTA NETWORKS INC 2.18% |
| Palo Alto Networks, Inc. 1.19% | 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.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| JEPQ | SEPI | JEPQ | SEPI | JEPQ | SEPI | |
| 3 months | +1.6% | +5.4% | 3.3% | 2.1% | +4.1 pts | +3.2 pts |
| 6 months | +15.1% | +20.5% | 6.7% | 4.7% | −9.2 pts | +2.5 pts |
| 1 year | +18.5% | +21.8% | 11.9% | 7.5% | −3.2 pts | +5.2 pts |
| 3 years | +73.0% | not published | 37.2% | not published | −25.1 pts | not published |
| Since launch | +91.7% | +24.4% | 49.2% | 7.7% | −33.0 pts | +5.4 pts |
| JEPQ JPMorgan Nasdaq Equity Premium Income ETF Covered call on QQQ, paying monthly | SEPI Shelton Equity Premium Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | JPMorgan | Shelton |
| Strategy | covered call | covered call |
| Benchmark | Nasdaq-100 (QQQ) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 13.6% | 8.3% |
| Expense ratio | 0.35% | 0.54% |
| Cash paid, 1 year | 11.9% | 7.5% |
| Price change, 1 year | +5.7% | +13.4% |
| Total return, 1 year | +18.5% | +21.8% |
| Benchmark return, 1 year | +21.8% | +16.6% |
| Ahead or behind | −3.2 pts | +5.2 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1598 days | 375 days |
| Net assets | $43.0bn | $152m |
JEPQ in plain words
Over the year to Sep 18, 2026, JEPQ paid 11.9% of its starting value in cash distributions while its price rose 5.7%. With every distribution reinvested, the fund returned +18.5%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 3.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 13.6%, 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, JEPQ or SEPI?
- Over the year to Sep 18, 2026, JEPQ paid 11.9% of its starting price in cash and SEPI paid 7.5%, so JEPQ paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, JEPQ or SEPI?
- With every distribution reinvested, JEPQ returned +18.5% and SEPI returned +21.8% over the year to Sep 18, 2026, so SEPI returned more.
- Which is cheaper, JEPQ or SEPI?
- JEPQ charges 0.35% a year and SEPI charges 0.54%, so JEPQ 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, JEPQ against SEPI, data as of Sep 18, 2026. https://etfiq.com/compare/income/jepq-vs-sepi Free to use with attribution; the underlying files are at Open data.