Data as of .
SEPI vs SPIN: which paid, and which earned it?
Over the year SEPI paid 7.5% of its price in cash against SPIN’s 5.2%, and 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, SEPI and SPIN hold 43% of their money in the same securities at the same weight.
| Holding | SEPI | SPIN |
|---|---|---|
| APPLE INC | 5.24% | 6.03% |
| ALPHABET INC | 4.68% | 5.65% |
| NVIDIA CORP | 4.04% | 9.87% |
| MICROSOFT CORP | 3.42% | 7.06% |
| AMAZON.COM INC | 3.36% | 4.87% |
| BROADCOM INC | 3.08% | 3.23% |
| MICRON TECHNOLOGY INC | 6.53% | 2.91% |
| META PLATFORMS INC | 2.79% | 3.14% |
| ADVANCED MICRO DEVICES INC | 7.54% | 2.61% |
| EXXON MOBIL CORP | 3.08% | 2.07% |
| JP MORGAN CHASE & COMPANY | 1.77% | 2.09% |
| JOHNSON & JOHNSON | 3.31% | 1.02% |
| Only in SEPI | Only in SPIN |
|---|---|
| CATERPILLAR INC 7.20% | ELI LILLY + CO 2.00% |
| EBAY INC 2.47% | APPLIED MATERIALS INC 1.52% |
| ARISTA NETWORKS INC 2.18% | VISA INC CLASS A SHARES 1.47% |
| DUKE ENERGY CORP 2.08% | AMPHENOL CORP CL A 1.28% |
| CARDINAL HEALTH INC 1.91% | BANK OF AMERICA CORP 1.25% |
| BERKSHIRE HATHAWAY INC 1.87% | HOME DEPOT INC 1.23% |
| AKAMAI TECHNOLOGIES INC 1.80% | EMERSON ELECTRIC CO 1.20% |
| CVS HEALTH CORP 1.79% | PARKER HANNIFIN CORP 1.16% |
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 | |||
|---|---|---|---|---|---|---|
| SEPI | SPIN | SEPI | SPIN | SEPI | SPIN | |
| 3 months | +5.4% | +3.7% | 2.1% | 0.8% | +3.2 pts | +1.4 pts |
| 6 months | +20.5% | +12.3% | 4.7% | 3.2% | +2.5 pts | −5.8 pts |
| 1 year | +21.8% | +11.3% | 7.5% | 5.2% | +5.2 pts | −5.2 pts |
| Since launch | +24.4% | +28.5% | 7.7% | 15.2% | +5.4 pts | −13.7 pts |
| SEPI Shelton Equity Premium Income ETF Covered call on SPY, paying monthly | SPIN State Street(R) US Equity Premium Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Shelton | State Street |
| Strategy | covered call | covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 8.3% | 2.7% |
| Expense ratio | 0.54% | 0.25% |
| Cash paid, 1 year | 7.5% | 5.2% |
| Price change, 1 year | +13.4% | +5.8% |
| Total return, 1 year | +21.8% | +11.3% |
| Benchmark return, 1 year | +16.6% | +16.6% |
| Ahead or behind | +5.2 pts | −5.2 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 375 days | 743 days |
| Net assets | $152m | $48m |
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.
SPIN in plain words
Over the year to Sep 18, 2026, SPIN paid 5.2% of its starting value in cash distributions while its price rose 5.8%. With every distribution reinvested, the fund returned +11.3%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 5.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 2.7%, paid monthly.
Questions people ask
- Which paid more, SEPI or SPIN?
- Over the year to Sep 18, 2026, SEPI paid 7.5% of its starting price in cash and SPIN paid 5.2%, so SEPI paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, SEPI or SPIN?
- With every distribution reinvested, SEPI returned +21.8% and SPIN returned +11.3% over the year to Sep 18, 2026, so SEPI returned more.
- Which is cheaper, SEPI or SPIN?
- SEPI charges 0.54% a year and SPIN charges 0.25%, so SPIN 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, SEPI against SPIN, data as of Sep 18, 2026. https://etfiq.com/compare/income/sepi-vs-spin Free to use with attribution; the underlying files are at Open data.