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Data as of .

JOYT vs SCEP: which paid, and which earned it?

JOYT and SCEP both write options for income.

JPMorgan Equity and Options Total Return ETF and STERLING CAPITAL HEDGED EQUITY PREMIUM INCOME ETF.

0.7%JOYT cash paid, 1 year
5.0%SCEP cash paid, 1 year
+15.9%JOYT total return, 1 year
+3.5%SCEP total return, 1 year
JOYT0.7 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%JOYT+15.9%0.7 pts behind SPYTotal return, distributions reinvestedSPY+16.6%JOYT+15.9%0.7 pts behind SPY
SCEP8.2 pts behind SPY · since launch to Sep 18, 2026
SPY+11.7%SCEP+3.5%5.0% as cash8.2 pts behind SPYTotal return, distributions reinvestedSPY+11.7%SCEP+3.5%8.2 pts behind SPY

What they hold in common

By the books each fund has filed, JOYT and SCEP hold 41% of their money in the same securities at the same weight.

Positions JOYT and SCEP both hold, largest shared weight first
HoldingJOYTSCEP
Alphabet, Inc.5.94%5.98%
Apple, Inc.6.51%5.71%
NVIDIA Corp.8.64%5.70%
Amazon.com, Inc.4.78%4.68%
Microsoft Corp.5.68%3.49%
Broadcom, Inc.2.98%5.61%
Meta Platforms, Inc.2.73%2.23%
AbbVie, Inc.1.27%1.62%
Eli Lilly & Co.1.18%1.25%
Lam Research Corp.1.08%2.64%
Mastercard, Inc.1.59%0.78%
McDonald's Corp.0.73%0.86%
Only in each
Only in JOYTOnly in SCEP
Wells Fargo & Co. 2.22%JP MORGAN CHASE & COMPANY 3.55%
Exxon Mobil Corp. 1.91%PARKER-HANNIFIN CORP 2.63%
Micron Technology, Inc. 1.78%WILLIAMS COMPANIES INC (THE) 2.15%
Tesla, Inc. 1.45%ILLINOIS TOOL WORKS INC 2.07%
Seagate Technology Holdings plc 1.37%EQUINIX INC 2.05%
Bank of America Corp. 1.28%VISA INC 1.98%
CSX Corp. 1.19%MONOLITHIC POWER SYSTEMS INC 1.89%
Philip Morris International, Inc. 1.16%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 Apr 30, 2026 and Jun 30, 2026.

Performance, window by window

JOYT and SCEP over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
JOYTSCEPJOYTSCEPJOYTSCEP
3 months+3.8%−0.1%0.2%1.7%+1.5 pts−2.4 pts
6 months+11.9%+8.3%0.4%3.7%−6.1 pts−9.7 pts
1 year+15.9%not published0.7%not published−0.7 ptsnot published
Since launch+19.6%+3.5%0.7%5.0%−1.1 pts−8.2 pts
Open the live comparison on ETFIQ
JOYT and SCEP on the same fields, as of Sep 18, 2026. Source: ETFIQ.
JOYT
JPMorgan Equity and Options Total Return ETF
Option income on SPY, paying quarterly
SCEP
STERLING CAPITAL HEDGED EQUITY PREMIUM INCOME ETF
Covered call on SPY, paying monthly
IssuerJPMorganSterling Capital
Strategyoption incomecovered call
BenchmarkS&P 500 (SPY), used as a default proxyS&P 500 (SPY)
Paysquarterlymonthly
Payout rate, annualized0.7%7.1%
Expense ratio0.35%0.65%
Cash paid, 1 year0.7%5.0% (since launch on Dec 11, 2025)
Price change, 1 year+15.2%−1.6%
Total return, 1 year+15.9%+3.5% (since launch on Dec 11, 2025)
Benchmark return, 1 year+16.6%+11.7%
Ahead or behind−0.7 pts−8.2 pts
Return of capital, latest estimatenot publishednot published
Age395 days281 days
Net assets$108m$235m

JOYT in plain words

Over the year to Sep 18, 2026, JOYT paid 0.7% of its starting value in cash distributions while its price rose 15.2%. With every distribution reinvested, the fund returned +15.9%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 0.7 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 0.7%, paid quarterly.

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, JOYT or SCEP?
JOYT charges 0.35% a year and SCEP charges 0.65%, so JOYT 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.

JOYT against SCEP, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, JOYT against SCEP, data as of Sep 18, 2026. https://etfiq.com/compare/income/joyt-vs-scep Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources