SEPI vs VOO

SEPI vs VOO
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Quick Verdict

VOO has a lower expense ratio. SEPI delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.

Lower Fees: VOOHigher Returns: SEPIMore Diversified: VOO

Side-by-Side Comparison

MetricSEPIVOOWinner
Expense Ratio0.54%0.03%
AUM$185M$997.4B
Dividend Yield6.77%1.08%
Holdings151509
YTD Return+13.97%+12.63%
1Y Return+23.60%+20.89%
3Y Return (annualized)-+21.06%
5Y Return (annualized)-+12.62%
Volatility (annualized)10.7%14.1%
Max Drawdown-7.7%-34.3%
Fund FamilyShelton Capital ManagementVanguard (US)
CategoryEquityEquity
InceptionSep 8, 2025Sep 7, 2010

SEPI vs VOO Performance

Shelton Equity Premium Income ETF (SEPI) is a ETF from Shelton Capital Management and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year SEPI returned +23.60% while VOO returned +20.89%. Year to date, SEPI is up 13.97% versus a gain of 12.63% for VOO.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 10.7% for SEPI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -7.7% for SEPI and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

SEPI charges 0.54% per year while VOO charges 0.03%. On a $10,000 position that is $54 vs $3 annually, a gap of $51 per year that compounds over a long holding period. On income, SEPI currently yields 6.77% against 1.08% for VOO.

Holdings Overlap

40.8%overlap

SEPI and VOO share 40 holdings out of 505 unique holdings combined, representing a 40.8% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SEPIWeight in VOODifference
AAPL5.67%6.59%0.92%
NVDA4.38%7.51%3.13%
MSFT4.48%4.30%0.18%
GOOGLProProPro
AMDProProPro
MUProProPro
AMZNProProPro
CATProProPro
AVGOProProPro
METAProProPro
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Frequently Asked Questions

Which is cheaper, SEPI or VOO?

SEPI has an expense ratio of 0.54% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $51 per year of difference.

Which performed better, SEPI or VOO?

Over the past year SEPI returned +23.60% vs +20.89% for VOO, so SEPI leads on 1-year performance. Past performance does not guarantee future results.

Which is riskier, SEPI or VOO?

VOO has been the more volatile fund at 14.1% annualized versus 10.7% for SEPI. Worst drawdown: SEPI -7.7% vs VOO -34.3%.

Should I hold both SEPI and VOO?

SEPI and VOO have a monthly-return correlation of 0.96, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between SEPI and VOO?

SEPI and VOO share 40 common holdings with a 40.8% weight overlap. Combined, they hold 505 unique securities.

Which pays a higher dividend, SEPI or VOO?

SEPI yields 6.77% while VOO yields 1.08%, so SEPI currently pays the higher dividend yield.

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