Shelton Equity Premium Income ETF (SEPI) Valuation
SEPI valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 24.4 trailing earnings
- Forward P/E
- 17.3 analyst estimates
- Price / sales
- 2.44
- Price / book
- 4.92
- EV / EBITDA
- 17.0
- Earnings yield
- 4.10% inverse of P/E
- Dividend yield
- 0.98% of the holdings
- Return on equity
- 20.2% combined
- Net margin
- 10.0% combined
- Beta
- 1.16 weighted, vs S&P 500
SEPI valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| SEPI | 24.4 | 17.3 | 2.44 | 4.92 | 0.98% | 20.2% | 10.0% | 0.0% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
SEPI valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 37.0% | 30.5 | 19.8 | 10.59 | 13.14 | 0.31% | 43.0% |
| Financial Services | 12.4% | 13.0 | 13.3 | 2.84 | 2.07 | 1.54% | 15.9% |
| Consumer Cyclical | 10.6% | 26.0 | 13.8 | 1.50 | 3.66 | 0.52% | 14.0% |
| Healthcare | 10.5% | 42.3 | 16.1 | 0.65 | 4.93 | 2.04% | 11.7% |
| Communication Services | 9.4% | 19.0 | 19.3 | 5.60 | 5.74 | 0.81% | 30.1% |
| Industrials | 7.7% | 29.6 | 22.8 | 3.28 | 7.86 | 1.57% | 26.6% |
| Consumer Defensive | 4.3% | 36.3 | 31.0 | 2.42 | 8.29 | 0.96% | 22.8% |
| Energy | 4.1% | 23.0 | 14.8 | 2.04 | 2.56 | 2.30% | 11.1% |
| Utilities | 2.0% | 18.3 | 15.9 | 2.89 | 1.66 | 3.57% | 9.0% |
| Basic Materials | 1.8% | 15.0 | 11.6 | 4.85 | 3.80 | 0.88% | 25.4% |
| Real Estate | 1.5% | 30.5 | 14.9 | 0.88 | 4.80 | 0.00% | 15.8% |
SEPI earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How SEPI weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
SEPI largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AAPL | Apple Inc. | 6.76% | 39.4 | 35.2 | 10.7 | 0.31% | 4.13% |
| AMD | Advanced Micro Devices, Inc. | 6.41% | 134.9 | 39.5 | 20.9 | — | 1.14% |
| MSFT | Microsoft Corporation | 5.08% | 29.5 | 25.1 | 11.8 | 0.74% | 4.15% |
| MU | Micron Technology, Inc. | 4.87% | 11.8 | 7.0 | 7.5 | 0.07% | 9.90% |
| CAT | Caterpillar Inc. | 4.53% | 31.5 | 25.4 | 4.5 | 0.89% | 3.46% |
| GOOGL | Alphabet Inc. | 4.41% | 17.1 | 22.8 | 9.3 | 0.26% | 6.21% |
| NVDA | NVIDIA Corporation | 4.22% | 27.1 | 24.9 | 17.1 | 0.47% | 3.75% |
| XOM | Exxon Mobil Corporation | 4.06% | 23.0 | 14.8 | 2.0 | 2.30% | 4.24% |
| GS | The Goldman Sachs Group, Inc. | 3.59% | 12.7 | 12.8 | 3.6 | 2.27% | 6.82% |
| JNJ | Johnson & Johnson | 3.58% | 38.8 | 21.0 | 6.2 | 2.10% | 2.22% |
| AMZN | Amazon.com, Inc. | 3.43% | 20.1 | 23.6 | 3.5 | — | 4.10% |
| META | Meta Platforms, Inc. | 3.19% | 26.7 | 22.1 | 7.9 | 0.30% | 2.87% |
| MRK | Merck & Co., Inc. | 3.16% | 115.8 | 15.3 | 5.4 | 2.33% | 0.66% |
| EBAY | eBay Inc. | 2.83% | 25.3 | 16.6 | 4.5 | 1.03% | 2.69% |
| AVGO | Broadcom Inc. | 2.69% | 43.3 | 19.4 | 17.6 | 0.79% | 1.49% |
| ANET | Arista Networks, Inc. | 2.37% | 55.8 | 39.2 | 21.2 | — | 1.02% |
| CAH | Cardinal Health, Inc. | 2.09% | 35.1 | 17.7 | 0.2 | 0.81% | 1.43% |
| BRK.B | Berkshire Hathaway Inc. | 2.08% | 13.4 | 22.7 | 3.0 | — | 3.75% |
| TRV | The Travelers Companies, Inc. | 2.07% | 10.5 | 10.8 | 1.7 | 1.28% | 4.75% |
| DUK | Duke Energy Corporation | 2.03% | 18.3 | 15.9 | 2.9 | 3.57% | 2.67% |
| GM | General Motors Company | 1.95% | 37.7 | 5.6 | 0.4 | 0.86% | 1.25% |
| HLT | Hilton Worldwide Holdings Inc. | 1.93% | 50.6 | 28.7 | 15.2 | 0.17% | 0.92% |
| NEM | Newmont Corporation | 1.81% | 15.0 | 11.6 | 4.8 | 0.88% | 2.91% |
| JPM | JPMorgan Chase & Co. | 1.80% | 14.2 | 13.5 | 4.7 | 1.94% | 3.04% |
| WMT | Walmart Inc. | 1.77% | 43.0 | 38.0 | 1.3 | 0.83% | 0.99% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About SEPI valuation
Adding up its 40 holdings with company data, SEPI trades at 24.4 times trailing earnings and 17.3 times analysts' forward estimates, with a price-to-book ratio of 4.92 and a dividend yield of 0.98%. Its earnings yield of 4.10% is 1.23 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 47.5% of the fund and earn 46.0% of its combined profit. By sector, Healthcare is the most expensive at 42.3 times earnings and Financial Services the cheapest at 13.0. Companies that lost money over the past year are 0.0% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 100.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: SEPI chart, SEPI performance, SEPI holdings, SEPI dividends.
SEPI valuation FAQ
What is the P/E ratio of SEPI?
Based on its holdings, SEPI has a trailing P/E of 24.4 and a forward P/E of 17.3 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of SEPI?
The trailing earnings yield is 4.10% (1 ÷ P/E) and the forward earnings yield 5.77%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is SEPI more expensive than the S&P 500?
SEPI trades at 24.4 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 17.3 and 19.9.
What is the price-to-book ratio of SEPI?
The holdings of SEPI trade at 4.92 times book value, with a combined return on equity of 20.2%.
Which sector in SEPI has the highest P/E?
Healthcare has the highest P/E at 42.3 and Financial Services the lowest at 13.0.