Data as of .
OEI vs SCEP: which paid, and which earned it?
OEI and SCEP both write options for income.
What they hold in common
By the books each fund has filed, OEI and SCEP hold 47% of their money in the same securities at the same weight.
| Holding | OEI | SCEP |
|---|---|---|
| NVIDIA Corp | 8.32% | 5.70% |
| Amazon.com Inc | 4.56% | 4.68% |
| Apple Inc | 4.28% | 5.71% |
| Microsoft Corp | 5.99% | 3.49% |
| Alphabet Inc | 3.48% | 5.98% |
| Broadcom Inc | 3.04% | 5.61% |
| Meta Platforms Inc | 2.18% | 2.23% |
| JPMorgan Chase & Co | 1.65% | 3.55% |
| AbbVie Inc | 1.57% | 1.62% |
| Advanced Micro Devices Inc | 1.56% | 2.19% |
| Johnson & Johnson | 2.10% | 1.54% |
| Eli Lilly & Co | 1.80% | 1.25% |
| Only in OEI | Only in SCEP |
|---|---|
| Alphabet Inc 2.79% | PARKER-HANNIFIN CORP 2.63% |
| Micron Technology Inc 2.57% | WILLIAMS COMPANIES INC (THE) 2.15% |
| ExxonMobil Holdings Corp 2.07% | ILLINOIS TOOL WORKS INC 2.07% |
| Berkshire Hathaway Inc 1.60% | EQUINIX INC 2.05% |
| Cisco Systems Inc 1.54% | MONOLITHIC POWER SYSTEMS INC 1.89% |
| Tesla Inc 1.46% | ANALOG DEVICES INC 1.87% |
| General Electric Co 1.41% | AIR PRODUCTS AND CHEMICALS INC 1.87% |
| Bank of America Corp 1.38% | VERTIV HOLDINGS COMPANY 1.82% |
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 Jul 31, 2026 and Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| OEI | SCEP | OEI | SCEP | OEI | SCEP | |
| 3 months | +4.8% | −0.1% | 2.3% | 1.7% | +2.5 pts | −2.4 pts |
| 6 months | +12.5% | +8.3% | 4.9% | 3.7% | −5.6 pts | −9.7 pts |
| Since launch | +14.4% | +3.5% | 8.6% | 5.0% | −0.9 pts | −8.2 pts |
| OEI Optimized Equity Income ETF Option income on SPY, paying monthly | SCEP STERLING CAPITAL HEDGED EQUITY PREMIUM INCOME ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Core Alternative | Sterling Capital |
| Strategy | option income | covered call |
| Benchmark | S&P 500 (SPY), used as a default proxy | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 9.2% | 7.1% |
| Expense ratio | 1.02% | 0.65% |
| Cash paid, 1 year | 8.6% (since launch on Oct 22, 2025) | 5.0% (since launch on Dec 11, 2025) |
| Price change, 1 year | +5.2% | −1.6% |
| Total return, 1 year | +14.4% (since launch on Oct 22, 2025) | +3.5% (since launch on Dec 11, 2025) |
| Benchmark return, 1 year | +15.3% | +11.7% |
| Ahead or behind | −0.9 pts | −8.2 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 331 days | 281 days |
| Net assets | $46m | $235m |
OEI in plain words
Over the period since launch on Oct 22, 2025 to Sep 18, 2026, OEI paid 8.6% of its starting value in cash distributions while its price rose 5.2%. With every distribution reinvested, the fund returned +14.4%. S&P 500 (SPY), used as a default proxy returned +15.3% over the same days, so a holder was behind by 0.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.2%, 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, OEI or SCEP?
- OEI charges 1.02% a year and SCEP charges 0.65%, so SCEP 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, OEI against SCEP, data as of Sep 18, 2026. https://etfiq.com/compare/income/oei-vs-scep Free to use with attribution; the underlying files are at Open data.