Data as of .
CVRD vs SCEP: which paid, and which earned it?
CVRD and SCEP both write options for income.
What they hold in common
By the books each fund has filed, CVRD and SCEP hold 18% of their money in the same securities at the same weight.
| Holding | CVRD | SCEP |
|---|---|---|
| Amazon.com Inc | 4.06% | 4.68% |
| Broadcom Inc | 3.57% | 5.61% |
| Microsoft Corp | 3.88% | 3.49% |
| Meta Platforms Inc | 2.66% | 2.23% |
| Illinois Tool Works Inc | 2.22% | 2.07% |
| Visa Inc | 3.68% | 1.98% |
| Palo Alto Networks Inc | 4.84% | 0.99% |
| Only in CVRD | Only in SCEP |
|---|---|
| Archer-Daniels-Midland Co 4.58% | ALPHABET INC 5.98% |
| Danaher Corp 4.32% | APPLE INC 5.71% |
| Agilent Technologies Inc 3.98% | NVIDIA CORP 5.70% |
| Union Pacific Corp 3.17% | JP MORGAN CHASE & COMPANY 3.55% |
| PepsiCo Inc 3.07% | LAM RESEARCH CORP 2.64% |
| Blackrock Inc 3.03% | PARKER-HANNIFIN CORP 2.63% |
| American Tower Corp 2.99% | COSTCO WHOLESALE CORP 2.40% |
| Lowe's Cos Inc 2.99% | ADVANCED MICRO DEVICES INC 2.19% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| CVRD | SCEP | CVRD | SCEP | CVRD | SCEP | |
| 3 months | +4.0% | −0.1% | 1.7% | 1.7% | +1.7 pts | −2.4 pts |
| 6 months | +5.7% | +8.3% | 3.3% | 3.7% | −12.3 pts | −9.7 pts |
| 1 year | +5.6% | not published | 7.4% | not published | −11.0 pts | not published |
| 3 years | +19.5% | not published | 25.9% | not published | −58.9 pts | not published |
| Since launch | +21.1% | +3.5% | 26.3% | 5.0% | −59.8 pts | −8.2 pts |
| CVRD Madison Covered Call ETF Covered call on SPY, paying quarterly | SCEP STERLING CAPITAL HEDGED EQUITY PREMIUM INCOME ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Madison | Sterling Capital |
| Strategy | covered call | covered call |
| Benchmark | S&P 500 (SPY), used as a default proxy | S&P 500 (SPY) |
| Pays | quarterly | monthly |
| Payout rate, annualized | 6.5% | 7.1% |
| Expense ratio | 0.92% | 0.65% |
| Cash paid, 1 year | 7.4% | 5.0% (since launch on Dec 11, 2025) |
| Price change, 1 year | −2.2% | −1.6% |
| Total return, 1 year | +5.6% | +3.5% (since launch on Dec 11, 2025) |
| Benchmark return, 1 year | +16.6% | +11.7% |
| Ahead or behind | −11.0 pts | −8.2 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1123 days | 281 days |
| Net assets | $32m | $235m |
CVRD in plain words
Over the year to Sep 18, 2026, CVRD paid 7.4% of its starting value in cash distributions while its price fell 2.2%. With every distribution reinvested, the fund returned +5.6%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 11.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 6.5%, paid quarterly.
SCEP in plain words
Over the period since launch on Dec 11, 2025 to Sep 18, 2026, SCEP paid 5.0% of its starting value in cash distributions while its price fell 1.6%. With every distribution reinvested, the fund returned +3.5%. S&P 500 (SPY) returned +11.7% over the same days, so a holder was behind by 8.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 7.1%, paid monthly.
Questions people ask
- Which is cheaper, CVRD or SCEP?
- CVRD charges 0.92% a year and SCEP charges 0.65%, so SCEP is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, CVRD against SCEP, data as of Sep 18, 2026. https://etfiq.com/compare/income/cvrd-vs-scep Free to use with attribution; the underlying files are at Open data.