Which paid more, IVVW or SCLZ?

Over the year to Nov 4, 2026, IVVW paid 17.5% of its starting price in cash and SCLZ paid 8.5%, 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 +14.8% and SCLZ +10.6% over the year to Nov 4, 2026.

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.

Data as of Nov 4, 2026.

Income ETFs

IVVW vs SCLZ: Dividend Yield & Total Return

Share on X Download as PDF

Over the year to Nov 4, 2026, IVVW paid 17.5% of its price in cash against SCLZ’s 8.5%, and returned more with it reinvested.

askIQ about this page

askIQ about IVVW and SCLZ

Net assets: $349m on Nov 4, 2026 for iShares IVV Premium Income+ ETF, and $20m on Jun 30, 2026 for Swan Enhanced Dividend Income ETF.

IVVW on its own →SCLZ on its own →

At a glance

17.5%

IVVW cash paid, 1 year

8.5%

SCLZ cash paid, 1 year

+14.8%

IVVW total return, 1 year

+10.6%

SCLZ total return, 1 year

IVVW · 1 year to Nov 4, 2026 About even with SPY

IVVW

+14.8%

SPY

+14.8%

About even with SPY

IVVW over 1 year: paid 17.5%, price −4.1%, total +14.8%, SPY +14.8%, 0.0 pts. Data to Nov 4, 2026.

SPY

+14.8%

IVVW

+14.8%

17.5% of it arrived as cash

about even with SPY

Total return, distributions reinvested

About even with SPY

IVVW over 1 year: paid 17.5%, price −4.1%, total +14.8%, SPY +14.8%, 0.0 pts. Data to Nov 4, 2026.

SPY

+14.8%

IVVW

+14.8%

17.5% as cash

about even with SPY

17.5% of it arrived as cash. Total return, distributions reinvested. IVVW over 1 year: paid 17.5%, price −4.1%, total +14.8%, SPY +14.8%, 0.0 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

SCLZ · 1 year to Nov 4, 2026 4.2 pts behind SPY

SCLZ

+10.6%

SPY

+14.8%

4.2 pts behind SPY

SCLZ over 1 year: paid 8.5%, price +1.6%, total +10.6%, SPY +14.8%, −4.2 pts. Data to Nov 4, 2026.

SPY

+14.8%

SCLZ

+10.6%

8.5% of it arrived as cash

4.2 pts behind SPY

Total return, distributions reinvested

4.2 pts behind SPY

SCLZ over 1 year: paid 8.5%, price +1.6%, total +10.6%, SPY +14.8%, −4.2 pts. Data to Nov 4, 2026.

SPY

+14.8%

SCLZ

+10.6%

8.5% cash

4.2 pts behind SPY

8.5% of it arrived as cash. Both charts share one scale, with zero at the line. SCLZ over 1 year: paid 8.5%, price +1.6%, total +10.6%, SPY +14.8%, −4.2 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

IVVW costs 0.54 points a year less; their one-year returns differ by 4.2 points.

Points (pts) are percentage points.

IVVW vs SCLZ: Dividend Yield & Total Return
Measure	IVVW	SCLZ
Paid and earned
Measure	IVVW	SCLZ
Total return, 1 year	+14.8%	+10.6%
Price change, 1 year	fell 4.1%	rose 1.6%
Return of capital, issuer estimate	49% of the Oct 7, 2026 payment
Against its benchmark
Measure	IVVW	SCLZ
Benchmark	S&P 500, measured through SPY	S&P 500, measured through SPY
Cost and size
Measure	IVVW	SCLZ
Expense ratio	0.25%	0.79%
Net assets, IVVW as of Nov 4, 2026 and SCLZ as of Jun 30, 2026	$349m	$20m
Holdings
Measure	IVVW	SCLZ
Holdings in common	0%

ETFIQ Distribution Coverage Score · SCLZ scores higher How much of what it paid out did its total return cover?

IQ Income Score47.6IVVW71.6SCLZ

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

IVVW 47.6

SCLZ 71.6

0.3, the lowest in this set 99.7, the highest

One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

Method

What they share

By the books each fund has filed, IVVW and SCLZ hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 3, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first IVVW SCLZ

Only in one fund ↓

Only in IVVW

ISHARES CORE S&P ETF TRUST 100.36%

NOV26 SPX C @ 7821.5 0.00%

NOV26 SPX C @ 7821.5 -0.03%

NOV26 SPX C @ 7699.92 -0.18%

NOV26 SPX C @ 7655.87 -0.29%

Only in SCLZ

MICRON TECHNOLOGY INC 7.95%

APPLE INC 6.20%

NVIDIA CORP 6.03%

ALPHABET INC 5.22%

ADVANCED MICRO DEVICES INC 5.18%

BROADCOM INC 4.74%

ELI LILLY & COMPANY 3.88%

AMAZON.COM INC 3.77%

Check overlap with more funds →

Side by side

IVVW iShares IVV Premium Income+ ETF · Covered call on SPY, paying monthly SCLZ Swan Enhanced Dividend Income ETF · Dividend stocks with call overlay on SPY, paying monthly

Issuer iShares Swan

Strategy covered call dividend stocks with call overlay

Benchmark S&P 500 (SPY) S&P 500 (SPY)

Pays monthly monthly

Payout rate, annualized 15.7% 8.7%

Expense ratio 0.25% 0.79%

Cash paid, 1 year 17.5% 8.5%

Price change, 1 year −4.1% +1.6%

Total return, 1 year +14.8% +10.6%

Benchmark return, 1 year +14.8% +14.8%

Ahead or behind 0.0 pts −4.2 pts

Return of capital, latest estimate 49% not published

Age 2.6 years 2.7 years

Net assets, IVVW as of Nov 4, 2026 and SCLZ as of Jun 30, 2026 $349m $20m

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: IVVW vs SCLZ: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	IVVW	SCLZ	IVVW	SCLZ	IVVW	SCLZ
3 months	+2.0%	0.0%	3.9%	2.1%	+2.2 pts	+0.2 pts
6 months	+8.0%	+4.4%	7.8%	4.3%	+3.0 pts	−0.6 pts
1 year	+14.8%	+10.6%	17.5%	8.5%	0.0 pts	−4.2 pts
Since launchNot the same days: IVVW Mar 2024 · SCLZ Feb 2024	+40.5%	+35.4%	42.6%	21.2%	−14.4 pts	−20.8 pts

Open this comparison in the app →

Alert

About each fund

IVVW

Over the year to Nov 4, 2026, IVVW paid 17.5% of its starting value in cash distributions while its price fell 4.1%. With every distribution reinvested, the fund returned +14.8%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 15.7%, paid monthly. iShares estimates that 49% of the distribution paid Oct 7, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

SCLZ

Over the year to Nov 4, 2026, SCLZ paid 8.5% of its starting value in cash distributions while its price rose 1.6%. With every distribution reinvested, the fund returned +10.6%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 4.2 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 8.7%, paid monthly.

Questions people ask

Which paid more, IVVW or SCLZ?: Over the year to Nov 4, 2026, IVVW paid 17.5% of its starting price in cash and SCLZ paid 8.5%, 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 +14.8% and SCLZ +10.6% over the year to Nov 4, 2026.
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

IVVW vs QUSA IVVW vs DRKY IVVW vs JULH IVVW vs SPUT SCLZ vs SPUT SCLZ vs TPRY SCLZ vs XDTE SCLZ vs KHPI

Where to next

S&P 500 (SPY) →IVVW on its own →SCLZ on its own →IVVW dividend history →IVVW holdings →SCLZ dividend history →SCLZ holdings →Method →Standards and sources →

Sources and dates

IVVW filings on SEC EDGAR ↗

IVVW prospectus with the expense ratio (SEC) ↗

IVVW 19a-1 distribution notice ↗

iShares page for IVVW ↗

SCLZ filings on SEC EDGAR ↗

SCLZ prospectus with the expense ratio (SEC) ↗

Swan website ↗

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

How this is computed

It is a place in a set, not a rating or a recommendation.

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, IVVW against SCLZ, data as of Nov 4, 2026. https://etfiq.com/compare/income/ivvw-vs-sclz

Open data →

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