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Data as of .

FEPI vs SCLZ: which paid, and which earned it?

Over the year FEPI paid 23.4% of its price in cash against SCLZ’s 8.4%, and returned more with it reinvested.

REX FANG & Innovation Equity Premium Income ETF and Swan Enhanced Dividend Income ETF.

23.4%FEPI cash paid, 1 year
8.4%SCLZ cash paid, 1 year
+15.7%FEPI total return, 1 year
+13.2%SCLZ total return, 1 year

ETFIQ Return Stability Score: SCLZ scores higher

Was the payout funded by returns, or by your own capital?

FEPI 33.5SCLZ 43.63.8, the lowest in this set96.8, the highest

A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

FEPI6.1 pts behind QQQ · 1 year to Sep 18, 2026
QQQ+21.8%FEPI+15.7%23.4% of it arrived as cash6.1 pts behind QQQTotal return, distributions reinvestedQQQ+21.8%FEPI+15.7%23.4% cash6.1 pts behind QQQ
SCLZ14 pts behind SCHD · 1 year to Sep 18, 2026
SCHD+27.2%SCLZ+13.2%8.4% of it arrived as cash14 pts behind SCHDTotal return, distributions reinvestedSCHD+27.2%SCLZ+13.2%14 pts behind SCHD

What they hold in common

By the books each fund has filed, FEPI and SCLZ hold 49% of their money in the same securities at the same weight.

Positions FEPI and SCLZ both hold, largest shared weight first
HoldingFEPISCLZ
MICRON TECHNOLOGY, INC.8.91%7.89%
NVIDIA CORPORATION7.76%5.99%
ALPHABET INC.8.83%5.18%
APPLE INC.5.14%6.15%
ADVANCED MICRO DEVICES, INC.9.98%5.14%
BROADCOM INC.8.05%4.71%
AMAZON.COM, INC.5.21%3.75%
MICROSOFT CORPORATION5.19%3.71%
META PLATFORMS, INC.5.14%3.34%
TESLA, INC.7.47%1.80%
PALANTIR TECHNOLOGIES INC.5.17%1.42%
NETFLIX, INC.5.16%0.99%
Only in each
Only in FEPIOnly in SCLZ
INTEL CORPORATION 5.24%ELI LILLY & COMPANY 3.86%
APPLOVIN CORPORATION 5.16%JP MORGAN CHASE & COMPANY 3.50%
ORACLE CORPORATION 5.16%BERKSHIRE HATHAWAY INC 3.10%
United States of America 2.42%CISCO SYSTEMS INC 3.01%
GE AEROSPACE 2.74%
JOHNSON & JOHNSON 2.41%
VISA INC 2.27%
EXXON MOBIL CORP 1.92%

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

FEPI and SCLZ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
FEPISCLZFEPISCLZFEPISCLZ
3 months+2.9%+2.9%6.0%2.1%+5.4 pts−3.6 pts
6 months+17.2%+14.2%12.8%3.8%−7.1 pts+1.6 pts
1 year+15.7%+13.2%23.4%8.4%−6.1 pts−14.0 pts
Since launch+69.0%+36.5%66.8%19.6%−28.5 pts−6.3 pts
Open the live comparison on ETFIQ
FEPI and SCLZ on the same fields, as of Sep 18, 2026. Source: ETFIQ.
FEPI
REX FANG & Innovation Equity Premium Income ETF
Covered call on QQQ, paying weekly
SCLZ
Swan Enhanced Dividend Income ETF
Dividend stocks with call overlay on SCHD, paying monthly
IssuerREXSwan
Strategycovered calldividend stocks with call overlay
BenchmarkNasdaq-100 (QQQ), used as the innovation proxyUS dividend stocks (SCHD), used as the dividend proxy
Paysweeklymonthly
Payout rate, annualized24.9%8.5%
Expense ratio0.65%0.79%
Cash paid, 1 year23.4%8.4%
Price change, 1 year−10.0%+4.1%
Total return, 1 year+15.7%+13.2%
Benchmark return, 1 year+21.8%+27.2%
Ahead or behind−6.1 pts−14.0 pts
Return of capital, latest estimatenot publishednot published
Age1073 days934 days
Net assets$710m$20m

FEPI in plain words

Over the year to Sep 18, 2026, FEPI paid 23.4% of its starting value in cash distributions while its price fell 10.0%. With every distribution reinvested, the fund returned +15.7%. Nasdaq-100 (QQQ), used as the innovation proxy returned +21.8% over the same days, so a holder was behind by 6.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 24.9%, paid weekly.

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 paid more, FEPI or SCLZ?
Over the year to Sep 18, 2026, FEPI paid 23.4% of its starting price in cash and SCLZ paid 8.4%, so FEPI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, FEPI or SCLZ?
With every distribution reinvested, FEPI returned +15.7% and SCLZ returned +13.2% over the year to Sep 18, 2026, so FEPI returned more.
Which is cheaper, FEPI or SCLZ?
FEPI charges 0.65% a year and SCLZ charges 0.79%, so FEPI 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.

FEPI against SCLZ, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, FEPI against SCLZ, data as of Sep 18, 2026. https://etfiq.com/compare/income/fepi-vs-sclz Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources