Data as of .
IQQQ vs SCEP: which paid, and which earned it?
IQQQ and SCEP both write options for income.
What they hold in common
By the books each fund has filed, IQQQ and SCEP hold 41% of their money in the same securities at the same weight.
| Holding | IQQQ | SCEP |
|---|---|---|
| Apple, Inc. | 6.74% | 5.71% |
| NVIDIA Corp. | 7.54% | 5.70% |
| Amazon.com, Inc. | 4.27% | 4.68% |
| Microsoft Corp. | 4.92% | 3.49% |
| Alphabet, Inc. | 3.25% | 5.98% |
| Broadcom, Inc. | 3.11% | 5.61% |
| Meta Platforms, Inc. | 2.74% | 2.23% |
| Advanced Micro Devices, Inc. | 3.41% | 2.19% |
| Costco Wholesale Corp. | 1.72% | 2.40% |
| Lam Research Corp. | 1.61% | 2.64% |
| Walmart, Inc. | 2.30% | 1.05% |
| Netflix, Inc. | 1.47% | 1.01% |
| Only in IQQQ | Only in SCEP |
|---|---|
| ProShares GENIUS Money Market ETF 7.60% | JP MORGAN CHASE & COMPANY 3.55% |
| Micron Technology, Inc. 4.44% | PARKER-HANNIFIN CORP 2.63% |
| Tesla, Inc. 3.20% | WILLIAMS COMPANIES INC (THE) 2.15% |
| Alphabet, Inc. 3.01% | ILLINOIS TOOL WORKS INC 2.07% |
| Intel Corp. 2.33% | EQUINIX INC 2.05% |
| Cisco Systems, Inc. 1.93% | VISA INC 1.98% |
| Applied Materials, Inc. 1.45% | AMPHENOL CORP 1.94% |
| Texas Instruments, Inc. 1.13% | AIR PRODUCTS AND CHEMICALS INC 1.87% |
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 and May 31, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| IQQQ | SCEP | IQQQ | SCEP | IQQQ | SCEP | |
| 3 months | −3.1% | −0.1% | 1.8% | 1.7% | −0.6 pts | −2.4 pts |
| 6 months | +19.1% | +8.3% | 4.2% | 3.7% | −5.1 pts | −9.7 pts |
| 1 year | +17.7% | not published | 6.5% | not published | −4.1 pts | not published |
| Since launch | +51.5% | +3.5% | 24.4% | 5.0% | −13.0 pts | −8.2 pts |
| IQQQ ProShares Nasdaq-100 High Income ETF Option income on QQQ, paying monthly | SCEP STERLING CAPITAL HEDGED EQUITY PREMIUM INCOME ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | ProShares | Sterling Capital |
| Strategy | option income | covered call |
| Benchmark | Nasdaq-100 (QQQ) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 5.7% | 7.1% |
| Expense ratio | 0.97% | 0.65% |
| Cash paid, 1 year | 6.5% | 5.0% (since launch on Dec 11, 2025) |
| Price change, 1 year | +10.8% | −1.6% |
| Total return, 1 year | +17.7% | +3.5% (since launch on Dec 11, 2025) |
| Benchmark return, 1 year | +21.8% | +11.7% |
| Ahead or behind | −4.1 pts | −8.2 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 912 days | 281 days |
| Net assets | $405m | $235m |
IQQQ in plain words
Over the year to Sep 18, 2026, IQQQ paid 6.5% of its starting value in cash distributions while its price rose 10.8%. With every distribution reinvested, the fund returned +17.7%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 4.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 5.7%, paid monthly.
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, IQQQ or SCEP?
- IQQQ charges 0.97% 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, IQQQ against SCEP, data as of Sep 18, 2026. https://etfiq.com/compare/income/iqqq-vs-scep Free to use with attribution; the underlying files are at Open data.