Which is cheaper, KIQQ or SCLZ?

KIQQ and SCLZ both charge 0.79% a year, so neither is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

KIQQ vs SCLZ: Dividend Yield & Total Return

KIQQ and SCLZ both write options for income.

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Net assets: $2.4m on Nov 4, 2026 for KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF, and $20m on Jun 30, 2026 for Swan Enhanced Dividend Income ETF.

KIQQ on its own →SCLZ on its own →

At a glance

6.9%

KIQQ cash paid, since launch, Jan 7, 2026

8.5%

SCLZ cash paid, 1 year

+0.9%

KIQQ total return, since launch, Jan 7, 2026

+10.6%

SCLZ total return, 1 year

KIQQ · since launch to Nov 4, 2026 10.4 pts behind QQQ

KIQQ

+0.9%

QQQ

+11.3%

10.4 pts behind QQQ

KIQQ since launch: paid 6.9%, price −6.0%, total +0.9%, QQQ +11.3%, −10.4 pts. Data to Nov 4, 2026.

QQQ

+11.3%

KIQQ

+0.9%

10.4 pts behind QQQ

Total return, distributions reinvested

10.4 pts behind QQQ

KIQQ since launch: paid 6.9%, price −6.0%, total +0.9%, QQQ +11.3%, −10.4 pts. Data to Nov 4, 2026.

QQQ

+11.3%

KIQQ

+0.9%

10.4 pts behind QQQ

6.9% of it arrived as cash. Total return, distributions reinvested. KIQQ since launch: paid 6.9%, price −6.0%, total +0.9%, QQQ +11.3%, −10.4 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

Both cost 0.79% a year.

Points (pts) are percentage points.

KIQQ vs SCLZ: Dividend Yield & Total Return
Measure	KIQQ	SCLZ
Paid and earned
Measure	KIQQ	SCLZ
Total return, 1 year	not published	+10.6%
Price change	fell 6.0% (since Jan 7, 2026)	rose 1.6% (1 year)
Against its benchmark
Measure	KIQQ	SCLZ
Benchmark	Nasdaq-100, measured through QQQ	S&P 500, measured through SPY
Cost and size
Measure	KIQQ	SCLZ
Expense ratio	0.79%	0.79%
Net assets, KIQQ as of Nov 4, 2026 and SCLZ as of Jun 30, 2026	$2.4m	$20m
Holdings
Measure	KIQQ	SCLZ
Holdings in common	49%

Method

What they share

49%

By the books each fund has filed, KIQQ and SCLZ hold 49% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 4, 2026.

50%

0 half 100%

half

49% in common

Positions both hold · largest shared weight first KIQQ SCLZ

APPLE INC 9.00% 6.20%

NVIDIA CORP 8.54% 6.03%

MICRON TECHNOLOGY INC 4.32% 7.95%

ADVANCED MICRO DEVICES 3.92% 5.18%

AMAZON.COM INC 4.97% 3.77%

MICROSOFT CORP 7.18% 3.74%

META PLATFORMS INC 3.37% 3.36%

ALPHABET INC-CL A 2.99% 5.22%

BROADCOM INC 2.72% 4.74%

CISCO SYSTEMS INC 1.98% 3.03%

TESLA INC 3.55% 1.81%

WALMART INC 3.01% 1.49%

Only in one fund ↓

Only in KIQQ

+NDXDBHIO/-FED FUNDS 97.94%

SPACE EXPLORATION TECHN-CL A 2.87%

ALPHABET INC-CL C 2.81%

INTEL CORP 1.53%

APPLIED MATERIALS INC 1.41%

TEXAS INSTRUMENTS INC 1.38%

LAM RESEARCH CORP 1.34%

PALO ALTO NETWORKS INC 1.32%

Only in SCLZ

ELI LILLY & COMPANY 3.88%

JP MORGAN CHASE & COMPANY 3.53%

BERKSHIRE HATHAWAY INC 3.12%

GE AEROSPACE 2.76%

JOHNSON & JOHNSON 2.43%

VISA INC 2.29%

EXXON MOBIL CORP 1.94%

CATERPILLAR INC 1.86%

Check overlap with more funds →

Side by side

KIQQ KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF · Buffer with income on QQQ, paying monthly SCLZ Swan Enhanced Dividend Income ETF · Dividend stocks with call overlay on SPY, paying monthly

Issuer KraneShares Swan

Strategy buffer with income dividend stocks with call overlay

Benchmark Nasdaq-100 (QQQ) S&P 500 (SPY)

Pays monthly monthly

Payout rate, annualized 7.5% 8.7%

Expense ratio 0.79% 0.79%

Cash paid, 1 year 6.9% (since launch, Jan 7, 2026) 8.5%

Price change, 1 year −6.0% (since launch, Jan 7, 2026) +1.6%

Total return, 1 year +0.9% (since launch, Jan 7, 2026) +10.6%

Benchmark return, 1 year +11.3% (since launch, Jan 7, 2026) +14.8%

Ahead or behind −10.4 pts (since launch, Jan 7, 2026) −4.2 pts

Return of capital, latest estimate 99% not published

Age 301 days 2.7 years

Net assets, KIQQ as of Nov 4, 2026 and SCLZ as of Jun 30, 2026 $2.4m $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: KIQQ vs SCLZ: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	KIQQ	SCLZ	KIQQ	SCLZ	KIQQ	SCLZ
3 months	−3.7%	0.0%	1.7%	2.1%	−0.2 pts	+0.2 pts
6 months	−4.4%	+4.4%	3.7%	4.3%	−4.0 pts	−0.6 pts
1 year	–	+10.6%	–	8.5%	–	−4.2 pts
Since launchNot the same days: KIQQ Jan 2026 · SCLZ Feb 2024	+0.9%	+35.4%	6.9%	21.2%	−10.4 pts	−20.8 pts

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Alert

About each fund

KIQQ

Over the period from its first trade on Jan 7, 2026 to Nov 4, 2026, KIQQ paid 6.9% of its starting value in cash distributions while its price fell 6.0%. With every distribution reinvested, the fund returned +0.9%. Nasdaq-100 (QQQ) returned +11.3% over the same days, so a holder was behind by 10.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 7.5%, paid monthly. KraneShares estimates that 99% of the distribution paid Sep 30, 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 is cheaper, KIQQ or SCLZ?: KIQQ and SCLZ both charge 0.79% a year, so neither is cheaper. Fees come from each fund's prospectus.

Other comparisons

KIQQ vs QUSA KIQQ vs ACKY KIQQ vs SPIN KIQQ vs OEI SCLZ vs ACQQ SCLZ vs QRMI SCLZ vs QDTY SCLZ vs BALQ

Where to next

Nasdaq-100 (QQQ) →S&P 500 (SPY) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →KIQQ on its own →SCLZ on its own →KIQQ dividend history →KIQQ holdings →SCLZ dividend history →SCLZ holdings →Method →Standards and sources →

Sources and dates

KIQQ filings on SEC EDGAR ↗

KIQQ prospectus with the expense ratio (SEC) ↗

KIQQ 19a-1 distribution notice ↗

KraneShares page for KIQQ ↗

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

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

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