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Data as of .

KHPI vs SEPI: which paid, and which earned it?

Over the year KHPI paid 9.1% of its price in cash against SEPI’s 7.5%, though SEPI returned more with it reinvested.

Kensington Hedged Premium Income ETF and Shelton Equity Premium Income ETF.

9.1%KHPI cash paid, 1 year
7.5%SEPI cash paid, 1 year
+11.0%KHPI total return, 1 year
+21.8%SEPI total return, 1 year

ETFIQ Return Stability Score: SEPI scores higher

Was the payout funded by returns, or by your own capital?

KHPI 55.5SEPI 94.23.8, the lowest in this set96.8, the highest

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

KHPI5.5 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%KHPI+11.0%9.1% of it arrived as cash5.5 pts behind SPYTotal return, distributions reinvestedSPY+16.6%KHPI+11.0%5.5 pts behind SPY
SEPI5.2 pts ahead of SPY · 1 year to Sep 18, 2026
SPY+16.6%SEPI+21.8%7.5% of it arrived as cash5.2 pts ahead of SPYTotal return, distributions reinvestedSPY+16.6%SEPI+21.8%5.2 pts ahead of SPY

What they hold in common

By the books each fund has filed, KHPI and SEPI hold 0% of their money in the same securities at the same weight.

Only in each
Only in KHPIOnly in SEPI
Vanguard S&P 500 ETF 100.00%ADVANCED MICRO DEVICES INC 7.54%
CATERPILLAR INC 7.20%
MICRON TECHNOLOGY INC 6.53%
APPLE INC 5.24%
ALPHABET INC 4.68%
NVIDIA CORP 4.04%
GOLDMAN SACHS GROUP INC (THE) 3.91%
MICROSOFT CORP 3.42%

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

KHPI and SEPI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
KHPISEPIKHPISEPIKHPISEPI
3 months+1.9%+5.4%2.2%2.1%−0.3 pts+3.2 pts
6 months+11.3%+20.5%4.7%4.7%−6.8 pts+2.5 pts
1 year+11.0%+21.8%9.1%7.5%−5.5 pts+5.2 pts
Since launch+24.6%+24.4%18.4%7.7%−17.7 pts+5.4 pts
Open the live comparison on ETFIQ
KHPI and SEPI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
KHPI
Kensington Hedged Premium Income ETF
Covered call on SPY, paying monthly
SEPI
Shelton Equity Premium Income ETF
Covered call on SPY, paying monthly
IssuerKensingtonShelton
Strategycovered callcovered call
BenchmarkS&P 500 (SPY), used as a default proxyS&P 500 (SPY)
Paysmonthlymonthly
Payout rate, annualized9.0%8.3%
Expense ratio0.98%0.54%
Cash paid, 1 year9.1%7.5%
Price change, 1 year+1.5%+13.4%
Total return, 1 year+11.0%+21.8%
Benchmark return, 1 year+16.6%+16.6%
Ahead or behind−5.5 pts+5.2 pts
Return of capital, latest estimatenot publishednot published
Age743 days375 days
Net assets$401m$152m

KHPI in plain words

Over the year to Sep 18, 2026, KHPI paid 9.1% of its starting value in cash distributions while its price rose 1.5%. With every distribution reinvested, the fund returned +11.0%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 5.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.0%, 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 paid more, KHPI or SEPI?
Over the year to Sep 18, 2026, KHPI paid 9.1% of its starting price in cash and SEPI paid 7.5%, so KHPI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, KHPI or SEPI?
With every distribution reinvested, KHPI returned +11.0% and SEPI returned +21.8% over the year to Sep 18, 2026, so SEPI returned more.
Which is cheaper, KHPI or SEPI?
KHPI charges 0.98% 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.

KHPI against SEPI, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, KHPI against SEPI, data as of Sep 18, 2026. https://etfiq.com/compare/income/khpi-vs-sepi Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources