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SEPI vs FESM

Shelton Equity Premium Income ETF vs Fidelity Enhanced Small Cap Core ETF

SEPI

Shelton Equity Premium Income ETF

Annual cost

0.54%

Fund size

$131M

FESM

Fidelity Enhanced Small Cap Core ETF

Annual cost

0.28%

Fund size

$5.3B

Key differences

SEPI is an alternative ETF, while FESM is an equity ETF. SEPI charges 0.54% a year and FESM 0.28%.

  • SEPI is an alternative fund, while FESM is an equity fund. They carry different risk/return profiles.
  • SEPI follows a option income strategy; FESM uses index enhanced.
  • FESM costs 0.26% less per year.
  • FESM is much larger than SEPI. Larger funds are usually more liquid and less likely to close.
  • FESM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SEPIFESM
Annual cost (TER)0.54%0.28%
Fund size (AUM)$131M$5.3B
Since20252007
Dividend yield0.53%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex enhanced
CAGR 1YN/A+44.4%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y19.29%
Max drawdown-7.66%-26.93%

Similar to SEPI and FESM