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SEPI vs FMDE

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

SEPI

Shelton Equity Premium Income ETF

Annual cost

0.54%

Fund size

$131M

FMDE

Fidelity Enhanced Mid Cap Core ETF

Annual cost

0.23%

Fund size

$7.0B

Key differences

SEPI is an alternative ETF, while FMDE is an equity ETF. SEPI charges 0.54% a year and FMDE 0.23%.

  • SEPI is an alternative fund, while FMDE is an equity fund. They carry different risk/return profiles.
  • SEPI follows a option income strategy; FMDE uses index enhanced.
  • FMDE costs 0.31% less per year.
  • FMDE is much larger than SEPI. Larger funds are usually more liquid and less likely to close.
  • FMDE has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SEPIFMDE
Annual cost (TER)0.54%0.23%
Fund size (AUM)$131M$7.0B
Since20252007
Dividend yield1.11%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex enhanced
CAGR 1YN/A+18.7%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y13.75%
Max drawdown-7.66%-21.10%

Similar to SEPI and FMDE