Which paid more, OEI or SCLZ?

Over the year to Nov 4, 2026, OEI paid 9.2% of its starting price in cash and SCLZ paid 8.5%, so OEI paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, OEI or SCLZ?

With every distribution reinvested, OEI returned +12.9% and SCLZ +10.6% over the year to Nov 4, 2026.

Which is cheaper, OEI or SCLZ?

OEI charges 1.02% a year and SCLZ charges 0.79%, so SCLZ is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

OEI vs SCLZ: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, OEI paid 9.2% of its price in cash against SCLZ’s 8.5%, and returned more with it reinvested.

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Net assets: $46m on Jul 31, 2026 for Optimized Equity Income ETF, and $20m on Jun 30, 2026 for Swan Enhanced Dividend Income ETF.

OEI on its own →SCLZ on its own →

At a glance

9.2%

OEI cash paid, 1 year

8.5%

SCLZ cash paid, 1 year

+12.9%

OEI total return, 1 year

+10.6%

SCLZ total return, 1 year

OEI · 1 year to Nov 4, 2026 1.9 pts behind SPY

OEI

+12.9%

SPY

+14.8%

1.9 pts behind SPY

OEI over 1 year: paid 9.2%, price +3.0%, total +12.9%, SPY +14.8%, −1.9 pts. Data to Nov 4, 2026.

SPY

+14.8%

OEI

+12.9%

9.2% of it arrived as cash

1.9 pts behind SPY

Total return, distributions reinvested

1.9 pts behind SPY

OEI over 1 year: paid 9.2%, price +3.0%, total +12.9%, SPY +14.8%, −1.9 pts. Data to Nov 4, 2026.

SPY

+14.8%

OEI

+12.9%

9.2% cash

1.9 pts behind SPY

9.2% of it arrived as cash. Total return, distributions reinvested. OEI over 1 year: paid 9.2%, price +3.0%, total +12.9%, SPY +14.8%, −1.9 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, 0 to +14.8%. SCLZ over 1 year: paid 8.5%, price +1.6%, total +10.6%, SPY +14.8%, −4.2 pts. Data to Nov 4, 2026.

Both charts share one scale, 0 to +14.8%. Data to Nov 4, 2026.

Pair scorecard

SCLZ costs 0.23 points a year less; their one-year returns differ by 2.3 points.

Points (pts) are percentage points.

OEI vs SCLZ: Dividend Yield & Total Return
Measure	OEI	SCLZ
Paid and earned
Measure	OEI	SCLZ
Total return, 1 year	+12.9%	+10.6%
Price change, 1 year	rose 3.0%	rose 1.6%
Against its benchmark
Measure	OEI	SCLZ
Benchmark	S&P 500, measured through SPY	S&P 500, measured through SPY
Cost and size
Measure	OEI	SCLZ
Expense ratio	1.02%	0.79%
Net assets, OEI as of Jul 31, 2026 and SCLZ as of Jun 30, 2026	$46m	$20m
Holdings
Measure	OEI	SCLZ
Holdings in common	59%

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

IQ Income Score75.7OEI71.6SCLZ

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

OEI 75.7

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

59%

By the books each fund has filed, OEI and SCLZ hold 59% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.

50%

0 half 100%

half

59% in common

Positions both hold · largest shared weight first OEI SCLZ

NVIDIA Corp 8.22% 6.03%

Apple Inc 4.23% 6.20%

Amazon.com Inc 4.51% 3.77%

Microsoft Corp 5.93% 3.74%

Alphabet Inc 3.44% 5.22%

Broadcom Inc 3.01% 4.74%

Micron Technology Inc 2.54% 7.95%

Meta Platforms Inc 2.15% 3.36%

Johnson & Johnson 2.08% 2.43%

Eli Lilly & Co 1.78% 3.88%

JPMorgan Chase & Co 1.63% 3.53%

Berkshire Hathaway Inc 1.58% 3.12%

Only in one fund ↓

Only in OEI

Alphabet Inc 2.76%

ExxonMobil Holdings Corp 2.04%

Booking Holdings Inc 1.86%

Bank of America Corp 1.36%

Intel Corp 1.32%

GE Vernova Inc 1.15%

UnitedHealth Group Inc 1.12%

Procter & Gamble Co 1.06%

Only in SCLZ

EXXON MOBIL CORP 1.94%

DEERE & COMPANY 1.18%

DUKE ENERGY CORP 1.01%

LINDE PLC 0.99%

WELLTOWER INC 0.82%

LOWE'S COMPANIES INC 0.66%

AMERICAN ELECTRIC POWER COMPANY INC 0.62%

EQUINIX INC 0.58%

Check overlap with more funds →

Side by side

OEI Optimized Equity Income ETF · Option income on SPY, paying monthly SCLZ Swan Enhanced Dividend Income ETF · Dividend stocks with call overlay on SPY, paying monthly

Issuer Core Alternative Swan

Strategy option income dividend stocks with call overlay

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

Pays monthly monthly

Payout rate, annualized 9.6% 8.7%

Expense ratio 1.02% 0.79%

Cash paid, 1 year 9.2% 8.5%

Price change, 1 year +3.0% +1.6%

Total return, 1 year +12.9% +10.6%

Benchmark return, 1 year +14.8% +14.8%

Ahead or behind −1.9 pts −4.2 pts

Return of capital, latest estimate not published not published

Age 1.0 years 2.7 years

Net assets, OEI as of Jul 31, 2026 and SCLZ as of Jun 30, 2026 $46m $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: OEI vs SCLZ: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	OEI	SCLZ	OEI	SCLZ	OEI	SCLZ
3 months	+3.3%	0.0%	2.4%	2.1%	+3.4 pts	+0.2 pts
6 months	+6.3%	+4.4%	4.7%	4.3%	+1.3 pts	−0.6 pts
1 year	+12.9%	+10.6%	9.2%	8.5%	−1.9 pts	−4.2 pts
Since launchNot the same days: OEI Oct 2025 · SCLZ Feb 2024	+15.0%	+35.4%	9.4%	21.2%	−1.1 pts	−20.8 pts

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Alert

About each fund

OEI

Over the year to Nov 4, 2026, OEI paid 9.2% of its starting value in cash distributions while its price rose 3.0%. With every distribution reinvested, the fund returned +12.9%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 1.9 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 9.6%, paid monthly.

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, OEI or SCLZ?: Over the year to Nov 4, 2026, OEI paid 9.2% of its starting price in cash and SCLZ paid 8.5%, so OEI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, OEI or SCLZ?: With every distribution reinvested, OEI returned +12.9% and SCLZ +10.6% over the year to Nov 4, 2026.
Which is cheaper, OEI or SCLZ?: OEI charges 1.02% a year and SCLZ charges 0.79%, so SCLZ is cheaper. Fees come from each fund's prospectus.

Other comparisons

OEI vs QUSA OEI vs DRKY OEI vs SPUT OEI vs APRH SCLZ vs SPIN SCLZ vs ACKY SCLZ vs ACSP SCLZ vs XRMI

Where to next

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

Sources and dates

OEI filings on SEC EDGAR ↗

OEI prospectus with the expense ratio (SEC) ↗

Core Alternative website ↗

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

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