Shelton Equity Premium Income ETF
$29.00−0.15 (−0.51%)
- 0.54%
- $190M
- +24.9%
- 0.1M sh
- $29.13
- low $24.23high $29.54
The ETF.net SEPI Grade
A
Score 76 out of 100
- 3 of 51
Score 76 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A86 out of 100Rank 8 of 51Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A70 out of 100Rank 10 of 46Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B65 out of 100Rank 11 of 51Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A86 out of 100Rank 2 of 42Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C54 out of 100Rank 26 of 51
Our read on SEPI
AMost equity premium income funds sell index options or lean on bank-issued notes. Shelton writes covered calls on the individual large-cap stocks it actually owns, a hands-on take from a firm that has run option-income strategies for years.
The Fund seeks high current income and capital appreciation when consistent with that income. It invests primarily in income-producing U.S. equity securities.
Why people hold it
- Costs 0.54% a year against a 0.95% median for the equity premium income crowd, a rare thing for a stock-picking, name-by-name options strategy.
- Sells calls on the individual stocks in the portfolio rather than index options or synthetic notes, so premium is harvested name by name instead of at the index level.advisor.sheltoncap.comprnewswire.com
- Under the hood you own a real large-cap equity book (at least 80% of assets in common stocks), not a derivative stand-in for one.aaii.com
- The portfolio lines up tightly with the stated income-plus-appreciation mandate, putting it among the stronger builds in a very crowded peer group.
Worth knowing
- Covered calls trade upside for cash: when a held stock runs past its strike, gains on that position are capped. That is the bargain being struck.advisor.sheltoncap.com
- Index-overlay rivals such as PAPI (0.29%) and TCAL (0.34%) charge less. The extra basis points here buy single-stock selection and single-stock call writing.
- Launched in 2025, so it is still building scale and a track record, and its distributions have not settled into the fixed monthly rhythm some rivals run on.
SEPI Holdings
- Stocks
- 41
- 49%
- AMD
Geography
- United States100.00%
SEPI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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SEPI$12,493
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | SEPI |
|---|---|
| Year to date | +18.2% |
| 1 month | +1.6% |
| 3 months | +4.9% |
| 1 year | +24.9% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SEPI |
|---|---|---|
| 2026 YTD | +18.2% | |
| 2025 | +7.5% |
SEPI in the news
Category Review
The payout and the result came apart in option-income funds
SEPI Dividends
- $0.20 per share
- Monthly
Distribution data unavailable.
Distribution history
SEPI Risk
- 10.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.59
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −7.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.76
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SEPI Cost
0.54%
SEPI0.54%
- The middle half of Active Option Income funds
- Median 0.95%
7 of the 51 Active Option Income funds charge less.
Other funds in Active Option Income
- AYLDEFranklin ClearBridge Enhanced Income ETFExpense ratio 0.48%1 year return +13.0%
- ARDVIFT Vest Rising Dividend Achievers Target Income ETFExpense ratio 0.75%1 year return +23.2%
- ATCALT. Rowe Price Capital Appreciation Premium Income ETFExpense ratio 0.34%1 year return +4.3%
- AACIOAptus Collared Income Opportunity ETFExpense ratio 0.79%1 year return +11.1%
- ASTOXHorizon Funds - Horizon Core Equity ETFExpense ratio 0.70%1 year return +20.7%