Data as of .
IVVW vs SCLZ: which paid, and which earned it?
Over the year IVVW paid 17.5% of its price in cash against SCLZ’s 8.4%, and returned more with it reinvested.
ETFIQ Return Stability Score: IVVW scores higher
Was the payout funded by returns, or by your own capital?
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
What they hold in common
By the books each fund has filed, IVVW and SCLZ hold 0% of their money in the same securities at the same weight.
| Only in IVVW | Only in SCLZ |
|---|---|
| ISHARES CORE S&P ETF TRUST 100.84% | MICRON TECHNOLOGY INC 7.89% |
| USD CASH 0.66% | APPLE INC 6.15% |
| BLK CSH FND TREASURY SL AGENCY 0.14% | NVIDIA CORP 5.99% |
| OCT26 SPX C @ 7625.000000 -1.64% | ALPHABET INC 5.18% |
| ADVANCED MICRO DEVICES INC 5.14% | |
| BROADCOM INC 4.71% | |
| ELI LILLY & COMPANY 3.86% | |
| 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 Jun 30, 2026 and Sep 17, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| IVVW | SCLZ | IVVW | SCLZ | IVVW | SCLZ | |
| 3 months | +4.6% | +2.9% | 2.6% | 2.1% | +2.4 pts | −3.6 pts |
| 6 months | +13.1% | +14.2% | 7.9% | 3.8% | −4.9 pts | +1.6 pts |
| 1 year | +17.2% | +13.2% | 17.5% | 8.4% | +0.6 pts | −14.0 pts |
| Since launch | +38.9% | +36.5% | 39.7% | 19.6% | −14.9 pts | −6.3 pts |
| IVVW iShares S&P 500 BuyWrite ETF Covered call on SPY, paying monthly | SCLZ Swan Enhanced Dividend Income ETF Dividend stocks with call overlay on SCHD, paying monthly | |
|---|---|---|
| Issuer | iShares | Swan |
| Strategy | covered call | dividend stocks with call overlay |
| Benchmark | S&P 500 (SPY) | US dividend stocks (SCHD), used as the dividend proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 7.6% | 8.5% |
| Expense ratio | 0.25% | 0.79% |
| Cash paid, 1 year | 17.5% | 8.4% |
| Price change, 1 year | −2.0% | +4.1% |
| Total return, 1 year | +17.2% | +13.2% |
| Benchmark return, 1 year | +16.6% | +27.2% |
| Ahead or behind | +0.6 pts | −14.0 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 917 days | 934 days |
| Net assets | $350m | $20m |
IVVW in plain words
Over the year to Sep 18, 2026, IVVW paid 17.5% of its starting value in cash distributions while its price fell 2.0%. With every distribution reinvested, the fund returned +17.2%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was ahead by 0.6 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 7.6%, paid monthly.
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, IVVW or SCLZ?
- Over the year to Sep 18, 2026, IVVW paid 17.5% of its starting price in cash and SCLZ paid 8.4%, so IVVW paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, IVVW or SCLZ?
- With every distribution reinvested, IVVW returned +17.2% and SCLZ returned +13.2% over the year to Sep 18, 2026, so IVVW returned more.
- Which is cheaper, IVVW or SCLZ?
- IVVW charges 0.25% a year and SCLZ charges 0.79%, so IVVW 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, IVVW against SCLZ, data as of Sep 18, 2026. https://etfiq.com/compare/income/ivvw-vs-sclz Free to use with attribution; the underlying files are at Open data.