Data as of .
KYLD vs SEPI: which paid, and which earned it?
KYLD and SEPI both write options for income.
What they hold in common
By the books each fund has filed, KYLD and SEPI hold 9% of their money in the same securities at the same weight.
| Holding | KYLD | SEPI |
|---|---|---|
| Advanced Micro Devices Inc | 6.21% | 7.54% |
| Broadcom Inc | 5.17% | 3.08% |
| Only in KYLD | Only in SEPI |
|---|---|
| TREASURY BILL 12.96% | CATERPILLAR INC 7.20% |
| TREASURY BILL 11.01% | MICRON TECHNOLOGY INC 6.53% |
| Global X Silver Miners ETF 7.09% | APPLE INC 5.24% |
| VanEck Gold Miners ETF/USA 6.38% | ALPHABET INC 4.68% |
| Intel Corp 6.19% | NVIDIA CORP 4.04% |
| Howmet Aerospace Inc 5.97% | GOLDMAN SACHS GROUP INC (THE) 3.91% |
| Teradyne Inc 5.77% | MICROSOFT CORP 3.42% |
| BWX Technologies Inc 5.38% | AMAZON.COM INC 3.36% |
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 | |||
|---|---|---|---|---|---|---|
| KYLD | SEPI | KYLD | SEPI | KYLD | SEPI | |
| 3 months | −6.3% | +5.4% | 5.6% | 2.1% | −8.5 pts | +3.2 pts |
| 6 months | +24.4% | +20.5% | 14.1% | 4.7% | +6.4 pts | +2.5 pts |
| 1 year | not published | +21.8% | not published | 7.5% | not published | +5.2 pts |
| Since launch | +2.0% | +24.4% | 20.9% | 7.7% | −10.9 pts | +5.4 pts |
| KYLD Kurv High Income ETF Option income on SPY, paying weekly | SEPI Shelton Equity Premium Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Kurv | Shelton |
| Strategy | option income | covered call |
| Benchmark | S&P 500 (SPY), used as a default proxy | S&P 500 (SPY) |
| Pays | weekly | monthly |
| Payout rate, annualized | 25.6% | 8.3% |
| Expense ratio | 1.00% | 0.54% |
| Cash paid, 1 year | 20.9% (since launch on Oct 31, 2025) | 7.5% |
| Price change, 1 year | −20.5% | +13.4% |
| Total return, 1 year | +2.0% (since launch on Oct 31, 2025) | +21.8% |
| Benchmark return, 1 year | +12.9% | +16.6% |
| Ahead or behind | −10.9 pts | +5.2 pts |
| Return of capital, latest estimate | 100% | not published |
| Age | 322 days | 375 days |
| Net assets | $49m | $152m |
KYLD in plain words
Over the period since launch on Oct 31, 2025 to Sep 18, 2026, KYLD paid 20.9% of its starting value in cash distributions while its price fell 20.5%. With every distribution reinvested, the fund returned +2.0%. S&P 500 (SPY), used as a default proxy returned +12.9% over the same days, so a holder was behind by 10.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 25.6%, paid weekly. Kurv estimates that 100% of the distribution paid Sep 3, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
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, KYLD or SEPI?
- KYLD charges 1.00% 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, KYLD against SEPI, data as of Sep 18, 2026. https://etfiq.com/compare/income/kyld-vs-sepi Free to use with attribution; the underlying files are at Open data.