Which is cheaper, QRMI or SCEP?

QRMI charges 0.60% a year and SCEP charges 0.65%, so QRMI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

QRMI vs SCEP: Dividend Yield & Total Return

QRMI and SCEP both write options for income.

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Net assets: $15m on Oct 12, 2026 for Global X NASDAQ 100 Risk Managed Income ETF, and $235m on Jun 30, 2026 for STERLING CAPITAL HEDGED EQUITY PREMIUM INCOME ETF.

QRMI on its own →SCEP on its own →

At a glance

11.6%

QRMI cash paid, 1 year

6.1%

SCEP cash paid, since launch, Dec 11, 2025

+3.7%

QRMI total return, 1 year

+5.3%

SCEP total return, since launch, Dec 11, 2025

QRMI · 1 year to Nov 4, 2026 8.6 pts behind QQQ

QRMI

+3.7%

QQQ

+12.3%

8.6 pts behind QQQ

QRMI over 1 year: paid 11.6%, price −8.1%, total +3.7%, QQQ +12.3%, −8.6 pts. Data to Nov 4, 2026.

QQQ

+12.3%

QRMI

+3.7%

11.6% as cash

8.6 pts behind QQQ

Total return, distributions reinvested

8.6 pts behind QQQ

QRMI over 1 year: paid 11.6%, price −8.1%, total +3.7%, QQQ +12.3%, −8.6 pts. Data to Nov 4, 2026.

QQQ

+12.3%

QRMI

+3.7%

8.6 pts behind QQQ

11.6% of it arrived as cash. Total return, distributions reinvested. QRMI over 1 year: paid 11.6%, price −8.1%, total +3.7%, QQQ +12.3%, −8.6 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

SCEP · since launch to Nov 4, 2026 Not measured

SCEP

+5.3%

none

Not measured

SCEP since launch: paid 6.1%, price −1.0%, total +5.3%, not measured against a benchmark. Data to Nov 4, 2026.

SCEP

+5.3%

6.1% of it arrived as cash

Total return, distributions reinvested

Not measured

SCEP since launch: paid 6.1%, price −1.0%, total +5.3%, not measured against a benchmark. Data to Nov 4, 2026.

SCEP

+5.3%

6.1% of it arrived as cash. Both charts share one scale, with zero at the line. SCEP since launch: paid 6.1%, price −1.0%, total +5.3%, not measured against a benchmark. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

QRMI costs 0.05 points a year less.

Points (pts) are percentage points.

QRMI vs SCEP: Dividend Yield & Total Return
Measure	QRMI	SCEP
Paid and earned
Measure	QRMI	SCEP
Total return, 1 year	+3.7%	not published
Price change	fell 8.1% (1 year)	fell 1.1% (6 months)
Return of capital, issuer estimate	100% of the Sep 24, 2026 payment	100% of the Oct 5, 2026 payment
Against its benchmark
Measure	QRMI	SCEP
Benchmark	Nasdaq-100, measured through QQQ	its own stocks
Cost and size
Measure	QRMI	SCEP
Expense ratio	0.60%	0.65%
Net assets, QRMI as of Oct 12, 2026 and SCEP as of Jun 30, 2026	$15m	$235m
Holdings
Measure	QRMI	SCEP
Holdings in common	42%

Method

What they share

42%

By the books each fund has filed, QRMI and SCEP hold 42% 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

42% in common

Positions both hold · largest shared weight first QRMI SCEP

APPLE INC. 7.60% 5.61%

NVIDIA CORPORATION 8.14% 5.61%

AMAZON.COM, INC. 4.90% 4.60%

ALPHABET INC. 3.48% 5.88%

MICROSOFT CORPORATION 5.78% 3.43%

BROADCOM INC. 3.10% 5.51%

META PLATFORMS, INC. 2.77% 2.19%

ADVANCED MICRO DEVICES, INC. 3.60% 2.16%

COSTCO WHOLESALE CORPORATION 1.96% 2.36%

LAM RESEARCH CORPORATION 1.70% 2.60%

WALMART INC. 2.51% 1.03%

NETFLIX, INC. 1.40% 1.00%

Only in one fund ↓

Only in QRMI

MICRON TECHNOLOGY, INC. 4.29%

ALPHABET INC. 3.26%

TESLA, INC. 2.60%

CISCO SYSTEMS, INC. 2.12%

INTEL CORPORATION 2.10%

APPLIED MATERIALS, INC. 1.86%

TEXAS INSTRUMENTS INCORPORATED 1.17%

KLA CORPORATION 1.11%

Only in SCEP

JP MORGAN CHASE & COMPANY 3.50%

PARKER-HANNIFIN CORP 2.59%

WILLIAMS COMPANIES INC (THE) 2.11%

ILLINOIS TOOL WORKS INC 2.04%

EQUINIX INC 2.02%

VISA INC 1.94%

AMPHENOL CORP 1.90%

AIR PRODUCTS AND CHEMICALS INC 1.84%

Check overlap with more funds →

Side by side

QRMI Global X NASDAQ 100 Risk Managed Income ETF · Option income on QQQ, paying monthly SCEP STERLING CAPITAL HEDGED EQUITY PREMIUM INCOME ETF · Covered call on its own stocks, paying monthly

Issuer Global X Sterling Capital

Strategy option income covered call

Benchmark Nasdaq-100 (QQQ) SCEP's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jun 30, 2026)

Pays monthly monthly

Payout rate, annualized 12.2% 7.0%

Expense ratio 0.60% 0.65%

Cash paid, 1 year 11.6% 6.1% (since launch, Dec 11, 2025)

Price change, 1 year −8.1% −1.0% (since launch, Dec 11, 2025)

Total return, 1 year +3.7% +5.3% (since launch, Dec 11, 2025)

Benchmark return, 1 year +12.3% not published

Ahead or behind −8.6 pts not available

Return of capital, latest estimate 100% 100%

Age 5.2 years 328 days

Net assets, QRMI as of Oct 12, 2026 and SCEP as of Jun 30, 2026 $15m $235m

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: QRMI vs SCEP: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	QRMI	SCEP	QRMI	SCEP	QRMI	SCEP
3 months	−0.1%	−1.2%	3.0%	1.7%	+3.4 pts	+0.8 pts
6 months	+1.0%	+2.4%	5.9%	3.5%	+1.3 pts	+0.4 pts
1 year	+3.7%	–	11.6%	–	−8.6 pts	–
3 years	+25.7%	–	35.0%	–	−65.7 pts	–
Since launchNot the same days: QRMI Aug 2021 · SCEP Dec 2025	+8.5%	+5.3%	42.0%	6.1%	−83.2 pts	not measured

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Alert

About each fund

QRMI

Over the year to Nov 4, 2026, QRMI paid 11.6% of its starting value in cash distributions while its price fell 8.1%. With every distribution reinvested, the fund returned +3.7%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was behind by 8.6 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 12.2%, paid monthly. Global X estimates that 100% of the distribution paid Sep 24, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

SCEP

SCEP's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jun 30, 2026) returned +2.1% over the same days, so a holder was about even.

Over the 6 months to Nov 4, 2026, SCEP paid 3.5% of its starting value in cash distributions while its price fell 1.1%. With every distribution reinvested, the fund returned +2.4%. At its price on Nov 4, 2026 the latest distribution annualizes to 7.0%, paid monthly. Sterling Capital estimates that 100% of the distribution paid Oct 5, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which is cheaper, QRMI or SCEP?: QRMI charges 0.60% a year and SCEP charges 0.65%, so QRMI is cheaper. Fees come from each fund's prospectus.

Other comparisons

QRMI vs GRNI QRMI vs RNTY QRMI vs TCAL QRMI vs HEMI SCEP vs ACQQ SCEP vs FTQI SCEP vs GPIQ SCEP vs QYLD

Where to next

Nasdaq-100 (QQQ) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →QRMI on its own →SCEP on its own →QRMI dividend history →QRMI holdings →SCEP dividend history →SCEP holdings →Method →Standards and sources →

Sources and dates

QRMI filings on SEC EDGAR ↗

QRMI prospectus with the expense ratio (SEC) ↗

QRMI 19a-1 distribution notice ↗

Global X page for QRMI ↗

SCEP filings on SEC EDGAR ↗

SCEP prospectus with the expense ratio (SEC) ↗

SCEP 19a-1 distribution notice ↗

Sterling Capital 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, QRMI against SCEP, data as of Nov 4, 2026. https://etfiq.com/compare/income/qrmi-vs-scep

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