Data as of .
SCLZ vs SEPI: which paid, and which earned it?
Over the year SCLZ paid 8.4% 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, SCLZ and SEPI hold 54% of their money in the same securities at the same weight.
| Holding | SCLZ | SEPI |
|---|---|---|
| MICRON TECHNOLOGY INC | 7.89% | 6.53% |
| APPLE INC | 6.15% | 5.24% |
| ADVANCED MICRO DEVICES INC | 5.14% | 7.54% |
| ALPHABET INC | 5.18% | 4.68% |
| NVIDIA CORP | 5.99% | 4.04% |
| MICROSOFT CORP | 3.71% | 3.42% |
| AMAZON.COM INC | 3.75% | 3.36% |
| BROADCOM INC | 4.71% | 3.08% |
| META PLATFORMS INC | 3.34% | 2.79% |
| JOHNSON & JOHNSON | 2.41% | 3.31% |
| EXXON MOBIL CORP | 1.92% | 3.08% |
| BERKSHIRE HATHAWAY INC | 3.10% | 1.87% |
| Only in SCLZ | Only in SEPI |
|---|---|
| ELI LILLY & COMPANY 3.86% | GOLDMAN SACHS GROUP INC (THE) 3.91% |
| CISCO SYSTEMS INC 3.01% | EBAY INC 2.47% |
| GE AEROSPACE 2.74% | ARISTA NETWORKS INC 2.18% |
| VISA INC 2.27% | GENERAL MOTORS COMPANY 1.96% |
| ABBVIE INC 1.82% | CARDINAL HEALTH INC 1.91% |
| TESLA INC 1.80% | AKAMAI TECHNOLOGIES INC 1.80% |
| MASTERCARD INC 1.74% | CVS HEALTH CORP 1.79% |
| HOME DEPOT INC (THE) 1.51% | HILTON WORLDWIDE HOLDINGS INC 1.72% |
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 | |||
|---|---|---|---|---|---|---|
| SCLZ | SEPI | SCLZ | SEPI | SCLZ | SEPI | |
| 3 months | +2.9% | +5.4% | 2.1% | 2.1% | −3.6 pts | +3.2 pts |
| 6 months | +14.2% | +20.5% | 3.8% | 4.7% | +1.6 pts | +2.5 pts |
| 1 year | +13.2% | +21.8% | 8.4% | 7.5% | −14.0 pts | +5.2 pts |
| Since launch | +36.5% | +24.4% | 19.6% | 7.7% | −6.3 pts | +5.4 pts |
| SCLZ Swan Enhanced Dividend Income ETF Dividend stocks with call overlay on SCHD, paying monthly | SEPI Shelton Equity Premium Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Swan | 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 | 8.5% | 8.3% |
| Expense ratio | 0.79% | 0.54% |
| Cash paid, 1 year | 8.4% | 7.5% |
| Price change, 1 year | +4.1% | +13.4% |
| Total return, 1 year | +13.2% | +21.8% |
| Benchmark return, 1 year | +27.2% | +16.6% |
| Ahead or behind | −14.0 pts | +5.2 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 934 days | 375 days |
| Net assets | $20m | $152m |
SCLZ in plain words
Over the year to Sep 18, 2026, SCLZ paid 8.4% of its starting value in cash distributions while its price rose 4.1%. With every distribution reinvested, the fund returned +13.2%. US dividend stocks (SCHD), used as the dividend proxy returned +27.2% over the same days, so a holder was behind by 14.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.5%, 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, SCLZ or SEPI?
- Over the year to Sep 18, 2026, SCLZ paid 8.4% of its starting price in cash and SEPI paid 7.5%, so SCLZ paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, SCLZ or SEPI?
- With every distribution reinvested, SCLZ returned +13.2% and SEPI returned +21.8% over the year to Sep 18, 2026, so SEPI returned more.
- Which is cheaper, SCLZ or SEPI?
- SCLZ charges 0.79% 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, SCLZ against SEPI, data as of Sep 18, 2026. https://etfiq.com/compare/income/sclz-vs-sepi Free to use with attribution; the underlying files are at Open data.