Data as of Nov 4, 2026.
SEMY vs WEPN: Dividend Yield & Total Return
SEMY and WEPN both write options for income.
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Net assets: $35m on Nov 3, 2026 for GraniteShares YieldBOOST Semiconductor ETF, and $6.1m on Jul 31, 2026 for Nicholas Defense and Rare Earth Income ETF.
38.8 pts behind SOXX
SEMY since launch: paid 75.3%, price −55.9%, total +24.3%, SOXX +63.1%, −38.8 pts. Data to Nov 4, 2026.
SOXX
+63.1%
SEMY
+24.3%
75.3% as cash
38.8 pts behind SOXX
Total return, distributions reinvested
38.8 pts behind SOXX
SEMY since launch: paid 75.3%, price −55.9%, total +24.3%, SOXX +63.1%, −38.8 pts. Data to Nov 4, 2026.
SOXX
+63.1%
SEMY
+24.3%
38.8 pts behind SOXX
75.3% of it arrived as cash. Total return, distributions reinvested. SEMY since launch: paid 75.3%, price −55.9%, total +24.3%, SOXX +63.1%, −38.8 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Not measured
WEPN since launch: paid 7.4%, price −24.4%, total −17.8%, not measured against a benchmark. Data to Nov 4, 2026.
WEPN
−17.8%
Total return, distributions reinvested
Not measured
WEPN since launch: paid 7.4%, price −24.4%, total −17.8%, not measured against a benchmark. Data to Nov 4, 2026.
WEPN
−17.8%
7.4% of it arrived as cash. Both charts share one scale, with zero at the line. WEPN since launch: paid 7.4%, price −24.4%, total −17.8%, not measured against a benchmark. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
WEPN costs 0.03 points a year less.
Points (pts) are percentage points.
| Measure | SEMY | WEPN |
|---|---|---|
| Paid and earned | ||
| Price change | fell 55.9% (since Nov 18, 2025) | fell 16.9% (6 months) |
| Return of capital, issuer estimate | 98% of the Sep 22, 2026 payment | 100% of the Oct 28, 2026 payment |
| Against its benchmark | ||
| Benchmark | iShares Semiconductor ETF, measured through SOXX | its own holdings |
| Against its benchmark, same days | behind by 38.8 pts | behind by 5.9 pts |
| Cost and size | ||
| Expense ratio | 1.14% | 1.11% |
| Net assets, SEMY as of Nov 3, 2026 and WEPN as of Jul 31, 2026 | $35m | $6.1m |
| Holdings | ||
| Holdings in common | 0% | |
What they share
By the books each fund has filed, SEMY and WEPN hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.
half
0% in common
Only in one fund ↓
Side by side
As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.
Window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | SEMY | WEPN | SEMY | WEPN | SEMY | WEPN |
| 3 months | −8.3% | −12.2% | 15.6% | 2.9% | +6.8 pts | −4.0 pts |
| 6 months | −6.2% | −11.8% | 34.5% | 5.8% | +4.9 pts | −5.9 pts |
| Since launchNot the same days: SEMY Nov 2025 · WEPN Mar 2026 | +24.3% | −17.8% | 75.3% | 7.4% | −38.8 pts | not measured |
SEMY
Over the period from its first trade on Nov 18, 2025 to Nov 4, 2026, SEMY paid 75.3% of its starting value in cash distributions while its price fell 55.9%. With every distribution reinvested, the fund returned +24.3%. iShares Semiconductor ETF (SOXX) returned +63.1% over the same days, so a holder was behind by 38.8 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 69.3%, paid weekly. GraniteShares estimates that 98% of the distribution paid Sep 22, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
WEPN's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Jul 31, 2026) returned −5.9% over the same days, so a holder was behind by 5.9 pts.
Over the 6 months to Nov 4, 2026, WEPN paid 5.8% of its starting value in cash distributions while its price fell 16.9%. With every distribution reinvested, the fund returned −11.8%. At its price on Nov 4, 2026 the latest distribution annualizes to 13.1%, paid weekly. Nicholas estimates that 100% of the distribution paid Oct 28, 2026 was a return of capital (its 19a-1 notice).
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, SEMY against WEPN, data as of Nov 4, 2026. https://etfiq.com/compare/income/semy-vs-wepn
ETFIQ. (Nov 4, 2026). SEMY against WEPN. Retrieved from https://etfiq.com/compare/income/semy-vs-wepn
[SEMY against WEPN (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/semy-vs-wepn)
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