Data as of .
QRMI vs SEPI: which paid, and which earned it?
Over the year QRMI paid 11.8% 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, QRMI and SEPI hold 38% of their money in the same securities at the same weight.
| Holding | QRMI | SEPI |
|---|---|---|
| APPLE INC | 7.78% | 5.24% |
| MICRON TECHNOLOGY INC | 5.02% | 6.53% |
| NVIDIA CORP | 8.49% | 4.04% |
| ADVANCED MICRO DEVICES | 4.00% | 7.54% |
| MICROSOFT CORP | 5.81% | 3.42% |
| AMAZON.COM INC | 4.33% | 3.36% |
| ALPHABET INC-CL A | 3.25% | 4.68% |
| META PLATFORMS INC | 3.13% | 2.79% |
| BROADCOM INC | 2.69% | 3.08% |
| WALMART INC | 2.27% | 1.69% |
| NETFLIX INC | 1.30% | 1.21% |
| FORTINET INC | 0.54% | 1.15% |
| Only in QRMI | Only in SEPI |
|---|---|
| TESLA INC 3.03% | CATERPILLAR INC 7.20% |
| ALPHABET INC-CL C 3.01% | GOLDMAN SACHS GROUP INC (THE) 3.91% |
| SPACE EXPLORATION TECHN-CL A 2.86% | JOHNSON & JOHNSON 3.31% |
| INTEL CORP 2.49% | EXXON MOBIL CORP 3.08% |
| CISCO SYSTEMS INC 1.89% | MERCK & COMPANY INC 2.67% |
| PALANTIR TECHNOLOGIES INC-A 1.78% | EBAY INC 2.47% |
| COSTCO WHOLESALE CORP 1.74% | ARISTA NETWORKS INC 2.18% |
| LAM RESEARCH CORP 1.57% | 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 Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| QRMI | SEPI | QRMI | SEPI | QRMI | SEPI | |
| 3 months | +0.6% | +5.4% | 3.0% | 2.1% | +3.1 pts | +3.2 pts |
| 6 months | +7.3% | +20.5% | 6.1% | 4.7% | −17.0 pts | +2.5 pts |
| 1 year | +8.5% | +21.8% | 11.8% | 7.5% | −13.3 pts | +5.2 pts |
| 3 years | +26.7% | not published | 33.5% | not published | −71.5 pts | not published |
| Since launch | +10.4% | +24.4% | 40.8% | 7.7% | −89.1 pts | +5.4 pts |
| QRMI Global X NASDAQ 100 Risk Managed Income ETF Option income on QQQ, paying monthly | SEPI Shelton Equity Premium Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Global X | Shelton |
| Strategy | option income | covered call |
| Benchmark | Nasdaq-100 (QQQ) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 12.0% | 8.3% |
| Expense ratio | 0.60% | 0.54% |
| Cash paid, 1 year | 11.8% | 7.5% |
| Price change, 1 year | −3.8% | +13.4% |
| Total return, 1 year | +8.5% | +21.8% |
| Benchmark return, 1 year | +21.8% | +16.6% |
| Ahead or behind | −13.3 pts | +5.2 pts |
| Return of capital, latest estimate | 100% | not published |
| Age | 1849 days | 375 days |
| Net assets | $15m | $152m |
QRMI in plain words
Over the year to Sep 18, 2026, QRMI paid 11.8% of its starting value in cash distributions while its price fell 3.8%. With every distribution reinvested, the fund returned +8.5%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 13.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 12.0%, paid monthly. Global X estimates that 100% of the distribution paid Aug 27, 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 paid more, QRMI or SEPI?
- Over the year to Sep 18, 2026, QRMI paid 11.8% of its starting price in cash and SEPI paid 7.5%, so QRMI paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, QRMI or SEPI?
- With every distribution reinvested, QRMI returned +8.5% and SEPI returned +21.8% over the year to Sep 18, 2026, so SEPI returned more.
- Which is cheaper, QRMI or SEPI?
- QRMI charges 0.60% 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, QRMI against SEPI, data as of Sep 18, 2026. https://etfiq.com/compare/income/qrmi-vs-sepi Free to use with attribution; the underlying files are at Open data.