Data as of .
RDVI vs SEPI: which paid, and which earned it?
Over the year RDVI paid 8.8% 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, RDVI and SEPI hold 19% of their money in the same securities at the same weight.
| Holding | RDVI | SEPI |
|---|---|---|
| Micron Technology, Inc. | 2.18% | 6.53% |
| NVIDIA Corporation | 2.16% | 4.04% |
| Microsoft Corporation | 2.05% | 3.42% |
| Meta Platforms, Inc. (Class A) | 2.04% | 2.79% |
| Alphabet Inc. (Class A) | 1.97% | 4.68% |
| JPMorgan Chase & Co. | 2.10% | 1.77% |
| Apple Inc. | 1.66% | 5.24% |
| The Travelers Companies, Inc. | 2.27% | 1.65% |
| American Express Company | 1.80% | 1.50% |
| Salesforce, Inc. | 1.62% | 1.06% |
| Citigroup Inc. | 0.52% | 1.64% |
| eBay Inc. | 0.51% | 2.47% |
| Only in RDVI | Only in SEPI |
|---|---|
| Lam Research Corporation 2.31% | ADVANCED MICRO DEVICES INC 7.54% |
| Applied Materials, Inc. 2.30% | CATERPILLAR INC 7.20% |
| The Bank of New York Mellon Corporation 2.22% | GOLDMAN SACHS GROUP INC (THE) 3.91% |
| GE Vernova Inc. 2.19% | AMAZON.COM INC 3.36% |
| KLA Corporation 2.16% | JOHNSON & JOHNSON 3.31% |
| The Allstate Corporation 2.14% | EXXON MOBIL CORP 3.08% |
| Automatic Data Processing, Inc. 2.13% | BROADCOM INC 3.08% |
| Expedia Group, Inc. 2.13% | MERCK & COMPANY INC 2.67% |
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 | |||
|---|---|---|---|---|---|---|
| RDVI | SEPI | RDVI | SEPI | RDVI | SEPI | |
| 3 months | +0.3% | +5.4% | 2.1% | 2.1% | −6.3 pts | +3.2 pts |
| 6 months | +15.1% | +20.5% | 4.6% | 4.7% | +2.5 pts | +2.5 pts |
| 1 year | +19.2% | +21.8% | 8.8% | 7.5% | −8.0 pts | +5.2 pts |
| 3 years | +69.2% | not published | 29.6% | not published | +15.5 pts | not published |
| Since launch | +101.2% | +24.4% | 41.0% | 7.7% | +32.0 pts | +5.4 pts |
| RDVI FT Vest Rising Dividend Achievers Target Income ETF Dividend stocks with call overlay on SCHD, paying monthly | SEPI Shelton Equity Premium Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | First Trust | Shelton |
| Strategy | dividend stocks with call overlay | covered call |
| Benchmark | US dividend stocks (SCHD), used as the dividend proxy | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 8.8% | 8.3% |
| Expense ratio | 0.75% | 0.54% |
| Cash paid, 1 year | 8.8% | 7.5% |
| Price change, 1 year | +9.6% | +13.4% |
| Total return, 1 year | +19.2% | +21.8% |
| Benchmark return, 1 year | +27.2% | +16.6% |
| Ahead or behind | −8.0 pts | +5.2 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1429 days | 375 days |
| Net assets | $3.7bn | $152m |
RDVI in plain words
Over the year to Sep 18, 2026, RDVI paid 8.8% of its starting value in cash distributions while its price rose 9.6%. With every distribution reinvested, the fund returned +19.2%. US dividend stocks (SCHD), used as the dividend proxy returned +27.2% over the same days, so a holder was behind by 8.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.8%, 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, RDVI or SEPI?
- Over the year to Sep 18, 2026, RDVI paid 8.8% of its starting price in cash and SEPI paid 7.5%, so RDVI paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, RDVI or SEPI?
- With every distribution reinvested, RDVI returned +19.2% and SEPI returned +21.8% over the year to Sep 18, 2026, so SEPI returned more.
- Which is cheaper, RDVI or SEPI?
- RDVI charges 0.75% 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, RDVI against SEPI, data as of Sep 18, 2026. https://etfiq.com/compare/income/rdvi-vs-sepi Free to use with attribution; the underlying files are at Open data.