Data as of .
DDDD vs SCLZ: which paid, and which earned it?
DDDD and SCLZ both write options for income.
What they hold in common
By the books each fund has filed, DDDD and SCLZ hold 4% of their money in the same securities at the same weight.
| Holding | DDDD | SCLZ |
|---|---|---|
| Home Depot Inc/The | 3.55% | 1.51% |
| Coca-Cola Co/The | 4.02% | 0.88% |
| Chevron Corp | 4.10% | 0.78% |
| Merck & Co Inc | 3.63% | 0.41% |
| Altria Group Inc | 3.15% | 0.41% |
| Amgen Inc | 3.64% | 0.36% |
| Only in DDDD | Only in SCLZ |
|---|---|
| Texas Instruments Inc 5.66% | MICRON TECHNOLOGY INC 7.89% |
| UnitedHealth Group Inc 5.04% | APPLE INC 6.15% |
| QUALCOMM Inc 4.85% | NVIDIA CORP 5.99% |
| ConocoPhillips 3.91% | ALPHABET INC 5.18% |
| PepsiCo Inc 3.85% | ADVANCED MICRO DEVICES INC 5.14% |
| Procter & Gamble Co/The 3.67% | BROADCOM INC 4.71% |
| Verizon Communications Inc 3.64% | ELI LILLY & COMPANY 3.86% |
| Bristol-Myers Squibb Co 3.17% | AMAZON.COM INC 3.75% |
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 Apr 30, 2026 and Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| DDDD | SCLZ | DDDD | SCLZ | DDDD | SCLZ | |
| 3 months | +4.9% | +2.9% | 1.6% | 2.1% | +2.6 pts | −3.6 pts |
| 6 months | +10.5% | +14.2% | 1.7% | 3.8% | −7.6 pts | +1.6 pts |
| 1 year | not published | +13.2% | not published | 8.4% | not published | −14.0 pts |
| Since launch | +8.7% | +36.5% | 1.6% | 19.6% | −6.5 pts | −6.3 pts |
| DDDD YieldMax(R) U.S. Stocks Target Double Distribution ETF Synthetic covered call on SPY | SCLZ Swan Enhanced Dividend Income ETF Dividend stocks with call overlay on SCHD, paying monthly | |
|---|---|---|
| Issuer | YieldMax | Swan |
| Strategy | synthetic covered call | dividend stocks with call overlay |
| Benchmark | S&P 500 (SPY) | US dividend stocks (SCHD), used as the dividend proxy |
| Pays | not established | monthly |
| Payout rate, annualized | 18.4% | 8.5% |
| Expense ratio | 1.01% | 0.79% |
| Cash paid, 1 year | 1.6% (since launch on Mar 12, 2026) | 8.4% |
| Price change, 1 year | +7.0% | +4.1% |
| Total return, 1 year | +8.7% (since launch on Mar 12, 2026) | +13.2% |
| Benchmark return, 1 year | +15.3% | +27.2% |
| Ahead or behind | −6.5 pts | −14.0 pts |
| Return of capital, latest estimate | 67% | not published |
| Age | 190 days | 934 days |
| Net assets | $7m | $20m |
DDDD in plain words
Over the period since launch on Mar 12, 2026 to Sep 18, 2026, DDDD paid 1.6% of its starting value in cash distributions while its price rose 7.0%. With every distribution reinvested, the fund returned +8.7%. S&P 500 (SPY) returned +15.3% over the same days, so a holder was behind by 6.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 18.4%, paid periodically. YieldMax estimates that 67% of the distribution paid Jul 6, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
SCLZ in plain words
Over the year to Sep 18, 2026, SCLZ paid 8.4% of its starting value in cash distributions while its price rose 4.1%. With every distribution reinvested, the fund returned +13.2%. US dividend stocks (SCHD), used as the dividend proxy returned +27.2% over the same days, so a holder was behind by 14.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.5%, paid monthly.
Questions people ask
- Which is cheaper, DDDD or SCLZ?
- DDDD charges 1.01% a year and SCLZ charges 0.79%, so SCLZ 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, DDDD against SCLZ, data as of Sep 18, 2026. https://etfiq.com/compare/income/dddd-vs-sclz Free to use with attribution; the underlying files are at Open data.