Which is cheaper, IQQQ or SCEP?

IQQQ charges 0.55% a year and SCEP charges 0.65%, so IQQQ is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

IQQQ vs SCEP: Dividend Yield & Total Return

IQQQ and SCEP both write options for income.

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Net assets: $380m on Nov 4, 2026 for ProShares Nasdaq-100 High Income ETF, and $235m on Jun 30, 2026 for STERLING CAPITAL HEDGED EQUITY PREMIUM INCOME ETF.

IQQQ on its own →SCEP on its own →

At a glance

6.8%

IQQQ cash paid, 1 year

6.1%

SCEP cash paid, since launch, Dec 11, 2025

+7.4%

IQQQ total return, 1 year

+5.3%

SCEP total return, since launch, Dec 11, 2025

IQQQ · 1 year to Nov 4, 2026 4.9 pts behind QQQ

IQQQ

+7.4%

QQQ

+12.3%

4.9 pts behind QQQ

IQQQ over 1 year: paid 6.8%, price +0.5%, total +7.4%, QQQ +12.3%, −4.9 pts. Data to Nov 4, 2026.

QQQ

+12.3%

IQQQ

+7.4%

6.8% of it arrived as cash

4.9 pts behind QQQ

Total return, distributions reinvested

4.9 pts behind QQQ

IQQQ over 1 year: paid 6.8%, price +0.5%, total +7.4%, QQQ +12.3%, −4.9 pts. Data to Nov 4, 2026.

QQQ

+12.3%

IQQQ

+7.4%

6.8% cash

4.9 pts behind QQQ

6.8% of it arrived as cash. Total return, distributions reinvested. IQQQ over 1 year: paid 6.8%, price +0.5%, total +7.4%, QQQ +12.3%, −4.9 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

SCEP · since launch to Nov 4, 2026 Not measured

SCEP

+5.3%

none

Not measured

SCEP since launch: paid 6.1%, price −1.0%, total +5.3%, not measured against a benchmark. Data to Nov 4, 2026.

SCEP

+5.3%

6.1% of it arrived as cash

Total return, distributions reinvested

Not measured

SCEP since launch: paid 6.1%, price −1.0%, total +5.3%, not measured against a benchmark. Data to Nov 4, 2026.

SCEP

+5.3%

6.1% of it arrived as cash. Both charts share one scale, with zero at the line. SCEP since launch: paid 6.1%, price −1.0%, total +5.3%, not measured against a benchmark. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

IQQQ costs 0.10 points a year less.

Points (pts) are percentage points.

IQQQ vs SCEP: Dividend Yield & Total Return
Measure	IQQQ	SCEP
Paid and earned
Measure	IQQQ	SCEP
Total return, 1 year	+7.4%	not published
Price change	rose 0.5% (1 year)	fell 1.1% (6 months)
Return of capital, issuer estimate	93% of the Nov 6, 2026 payment	100% of the Oct 5, 2026 payment
Against its benchmark
Measure	IQQQ	SCEP
Benchmark	Nasdaq-100, measured through QQQ	its own stocks
Cost and size
Measure	IQQQ	SCEP
Expense ratio	0.55%	0.65%
Net assets, IQQQ as of Nov 4, 2026 and SCEP as of Jun 30, 2026	$380m	$235m
Holdings
Measure	IQQQ	SCEP
Holdings in common	38%

Method

What they share

38%

By the books each fund has filed, IQQQ and SCEP hold 38% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.

50%

0 half 100%

half

38% in common

Positions both hold · largest shared weight first IQQQ SCEP

Apple, Inc. 6.32% 5.61%

NVIDIA Corp. 7.26% 5.61%

Amazon.com, Inc. 3.80% 4.60%

Microsoft Corp. 5.12% 3.43%

Alphabet, Inc. 2.69% 5.88%

Broadcom, Inc. 2.39% 5.51%

Meta Platforms, Inc. 2.30% 2.19%

Advanced Micro Devices, Inc. 2.88% 2.16%

Costco Wholesale Corp. 1.57% 2.36%

Lam Research Corp. 1.42% 2.60%

Walmart, Inc. 1.92% 1.03%

Netflix, Inc. 1.28% 1.00%

Only in one fund ↓

Only in IQQQ

Micron Technology, Inc. 4.06%

Tesla, Inc. 2.50%

Alphabet, Inc. 2.49%

Intel Corp. 1.69%

Cisco Systems, Inc. 1.63%

Applied Materials, Inc. 1.36%

Space Exploration Technologies Corp. 1.03%

Texas Instruments, Inc. 0.89%

Only in SCEP

JP MORGAN CHASE & COMPANY 3.50%

PARKER-HANNIFIN CORP 2.59%

WILLIAMS COMPANIES INC (THE) 2.11%

ILLINOIS TOOL WORKS INC 2.04%

EQUINIX INC 2.02%

VISA INC 1.94%

AMPHENOL CORP 1.90%

AIR PRODUCTS AND CHEMICALS INC 1.84%

Check overlap with more funds →

Side by side

IQQQ ProShares Nasdaq-100 High Income ETF · Option income on QQQ, paying monthly SCEP STERLING CAPITAL HEDGED EQUITY PREMIUM INCOME ETF · Covered call on its own stocks, paying monthly

Issuer ProShares Sterling Capital

Strategy option income covered call

Benchmark Nasdaq-100 (QQQ) SCEP's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jun 30, 2026)

Pays monthly monthly

Payout rate, annualized 6.1% 7.0%

Expense ratio 0.55% 0.65%

Cash paid, 1 year 6.8% 6.1% (since launch, Dec 11, 2025)

Price change, 1 year +0.5% −1.0% (since launch, Dec 11, 2025)

Total return, 1 year +7.4% +5.3% (since launch, Dec 11, 2025)

Benchmark return, 1 year +12.3% not published

Ahead or behind −4.9 pts not available

Return of capital, latest estimate 93% 100%

Age 2.6 years 328 days

Net assets, IQQQ as of Nov 4, 2026 and SCEP as of Jun 30, 2026 $380m $235m

As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: IQQQ vs SCEP: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	IQQQ	SCEP	IQQQ	SCEP	IQQQ	SCEP
3 months	−4.4%	−1.2%	1.5%	1.7%	−0.9 pts	+0.8 pts
6 months	−2.6%	+2.4%	3.4%	3.5%	−2.3 pts	+0.4 pts
1 year	+7.4%	–	6.8%	–	−4.9 pts	–
Since launchNot the same days: IQQQ Mar 2024 · SCEP Dec 2025	+44.2%	+5.3%	25.6%	6.1%	−13.8 pts	not measured

– means no data for this window. Open this comparison in the app →

Alert

About each fund

IQQQ

Over the year to Nov 4, 2026, IQQQ paid 6.8% of its starting value in cash distributions while its price rose 0.5%. With every distribution reinvested, the fund returned +7.4%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was behind by 4.9 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 6.1%, paid monthly. ProShares estimates that 93% of the distribution paid Nov 6, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

SCEP

SCEP's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jun 30, 2026) returned +2.1% over the same days, so a holder was about even.

Over the 6 months to Nov 4, 2026, SCEP paid 3.5% of its starting value in cash distributions while its price fell 1.1%. With every distribution reinvested, the fund returned +2.4%. At its price on Nov 4, 2026 the latest distribution annualizes to 7.0%, paid monthly. Sterling Capital estimates that 100% of the distribution paid Oct 5, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which is cheaper, IQQQ or SCEP?: IQQQ charges 0.55% a year and SCEP charges 0.65%, so IQQQ is cheaper. Fees come from each fund's prospectus.

Other comparisons

IQQQ vs JUDO IQQQ vs RNTY IQQQ vs TCAL IQQQ vs GRNI SCEP vs XQQI SCEP vs TDAQ SCEP vs ROCQ SCEP vs QYLG

Where to next

Nasdaq-100 (QQQ) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →IQQQ on its own →SCEP on its own →IQQQ dividend history →IQQQ holdings →SCEP dividend history →SCEP holdings →Method →Standards and sources →

Sources and dates

IQQQ filings on SEC EDGAR ↗

IQQQ prospectus with the expense ratio (SEC) ↗

IQQQ 19a-1 distribution notice ↗

ProShares page for IQQQ ↗

SCEP filings on SEC EDGAR ↗

SCEP prospectus with the expense ratio (SEC) ↗

SCEP 19a-1 distribution notice ↗

Sterling Capital website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, IQQQ against SCEP, data as of Nov 4, 2026. https://etfiq.com/compare/income/iqqq-vs-scep

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.