Data as of .
ISPY vs SCEP: which paid, and which earned it?
ISPY and SCEP both write options for income.
What they hold in common
By the books each fund has filed, ISPY and SCEP hold 37% of their money in the same securities at the same weight.
| Holding | ISPY | SCEP |
|---|---|---|
| Apple, Inc. | 6.31% | 5.71% |
| NVIDIA Corp. | 7.07% | 5.70% |
| Amazon.com, Inc. | 3.64% | 4.68% |
| Microsoft Corp. | 4.60% | 3.49% |
| Alphabet, Inc. | 3.05% | 5.98% |
| Broadcom, Inc. | 2.92% | 5.61% |
| Meta Platforms, Inc. | 1.91% | 2.23% |
| Advanced Micro Devices, Inc. | 1.16% | 2.19% |
| Visa, Inc. | 0.76% | 1.98% |
| Johnson & Johnson | 0.75% | 1.54% |
| Walmart, Inc. | 0.70% | 1.05% |
| Costco Wholesale Corp. | 0.58% | 2.40% |
| Only in ISPY | Only in SCEP |
|---|---|
| ProShares GENIUS Money Market ETF 10.56% | JP MORGAN CHASE & COMPANY 3.55% |
| Alphabet, Inc. 2.42% | WILLIAMS COMPANIES INC (THE) 2.15% |
| Tesla, Inc. 1.69% | AIR PRODUCTS AND CHEMICALS INC 1.87% |
| Micron Technology, Inc. 1.50% | VERTIV HOLDINGS COMPANY 1.82% |
| Eli Lilly & Co. 1.21% | CHUBB LTD (SWITZERLAND) 1.56% |
| Berkshire Hathaway, Inc. 1.20% | SHERWIN-WILLIAMS COMPANY (THE) 1.26% |
| JPMorgan Chase & Co. 1.11% | ELI LILLY & COMPANY 1.25% |
| Exxon Mobil Corp. 0.84% | MKS INC 1.22% |
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 | |||
|---|---|---|---|---|---|---|
| ISPY | SCEP | ISPY | SCEP | ISPY | SCEP | |
| 3 months | +1.4% | −0.1% | 1.5% | 1.7% | −0.8 pts | −2.4 pts |
| 6 months | +14.7% | +8.3% | 3.6% | 3.7% | −3.3 pts | −9.7 pts |
| 1 year | +13.5% | not published | 5.6% | not published | −3.1 pts | not published |
| Since launch | +53.4% | +3.5% | 25.8% | 5.0% | −14.5 pts | −8.2 pts |
| ISPY ProShares S&P 500 High Income ETF Option income on SPY, 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 | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 5.8% | 7.1% |
| Expense ratio | 0.56% | 0.65% |
| Cash paid, 1 year | 5.6% | 5.0% (since launch on Dec 11, 2025) |
| Price change, 1 year | +7.6% | −1.6% |
| Total return, 1 year | +13.5% | +3.5% (since launch on Dec 11, 2025) |
| Benchmark return, 1 year | +16.6% | +11.7% |
| Ahead or behind | −3.1 pts | −8.2 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1003 days | 281 days |
| Net assets | $1.2bn | $235m |
ISPY in plain words
Over the year to Sep 18, 2026, ISPY paid 5.6% of its starting value in cash distributions while its price rose 7.6%. With every distribution reinvested, the fund returned +13.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 3.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 5.8%, 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, ISPY or SCEP?
- ISPY charges 0.56% a year and SCEP charges 0.65%, so ISPY 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, ISPY against SCEP, data as of Sep 18, 2026. https://etfiq.com/compare/income/ispy-vs-scep Free to use with attribution; the underlying files are at Open data.