Data as of .
QDTE vs SCEP: which paid, and which earned it?
QDTE and SCEP both write options for income.
What they hold in common
By the books each fund has filed, QDTE and SCEP hold 0% of their money in the same securities at the same weight.
| Only in QDTE | Only in SCEP |
|---|---|
| NDX 03/19/2027 2510.15 C 25.90% | ALPHABET INC 5.98% |
| QQQ 11/19/2027 70.11 C 24.77% | APPLE INC 5.71% |
| NDX 06/11/2027 3059.42 C 22.64% | NVIDIA CORP 5.70% |
| QQQ 09/17/2027 70.69 C 17.82% | BROADCOM INC 5.61% |
| Roundhill Weekly T-Bill ETF 4.97% | AMAZON.COM INC 4.68% |
| First American Government Obligations Fund 12/01/2031 3.90% | JP MORGAN CHASE & COMPANY 3.55% |
| MICROSOFT CORP 3.49% | |
| LAM RESEARCH CORP 2.64% |
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 Jun 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| QDTE | SCEP | QDTE | SCEP | QDTE | SCEP | |
| 3 months | −0.9% | −0.1% | 7.6% | 1.7% | +1.6 pts | −2.4 pts |
| 6 months | +19.7% | +8.3% | 16.2% | 3.7% | −4.5 pts | −9.7 pts |
| 1 year | +21.1% | not published | 36.1% | not published | −0.7 pts | not published |
| Since launch | +59.9% | +3.5% | 74.1% | 5.0% | −4.3 pts | −8.2 pts |
| QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF 0DTE covered call on QQQ, paying weekly | SCEP STERLING CAPITAL HEDGED EQUITY PREMIUM INCOME ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Roundhill | Sterling Capital |
| Strategy | 0DTE covered call | covered call |
| Benchmark | Nasdaq-100 (QQQ) | S&P 500 (SPY) |
| Pays | weekly | monthly |
| Payout rate, annualized | 20.8% | 7.1% |
| Expense ratio | 0.96% | 0.65% |
| Cash paid, 1 year | 36.1% | 5.0% (since launch on Dec 11, 2025) |
| Price change, 1 year | −19.2% | −1.6% |
| Total return, 1 year | +21.1% | +3.5% (since launch on Dec 11, 2025) |
| Benchmark return, 1 year | +21.8% | +11.7% |
| Ahead or behind | −0.7 pts | −8.2 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 925 days | 281 days |
| Net assets | $967m | $235m |
QDTE in plain words
Over the year to Sep 18, 2026, QDTE paid 36.1% of its starting value in cash distributions while its price fell 19.2%. With every distribution reinvested, the fund returned +21.1%. Nasdaq-100 (QQQ) returned +21.8% 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 20.8%, paid weekly.
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, QDTE or SCEP?
- QDTE charges 0.96% 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, QDTE against SCEP, data as of Sep 18, 2026. https://etfiq.com/compare/income/qdte-vs-scep Free to use with attribution; the underlying files are at Open data.