Data as of .
QYLD vs SCEP: which paid, and which earned it?
QYLD and SCEP both write options for income.
What they hold in common
By the books each fund has filed, QYLD and SCEP hold 34% of their money in the same securities at the same weight.
| Holding | QYLD | SCEP |
|---|---|---|
| APPLE INC | 7.82% | 5.71% |
| NVIDIA CORP | 8.54% | 5.70% |
| AMAZON.COM INC | 4.36% | 4.68% |
| MICROSOFT CORP | 5.84% | 3.49% |
| BROADCOM INC | 2.71% | 5.61% |
| META PLATFORMS INC | 3.15% | 2.23% |
| COSTCO WHOLESALE CORP | 1.75% | 2.40% |
| LAM RESEARCH CORP | 1.58% | 2.64% |
| WALMART INC | 2.28% | 1.05% |
| NETFLIX INC | 1.31% | 1.01% |
| PALO ALTO NETWORKS INC | 1.30% | 0.99% |
| AMGEN INC | 0.92% | 1.10% |
| Only in QYLD | Only in SCEP |
|---|---|
| MICRON TECHNOLOGY INC 5.05% | ALPHABET INC 5.98% |
| ADVANCED MICRO DEVICES 4.02% | JP MORGAN CHASE & COMPANY 3.55% |
| ALPHABET INC-CL A 3.27% | PARKER-HANNIFIN CORP 2.63% |
| TESLA INC 3.05% | ADVANCED MICRO DEVICES INC 2.19% |
| ALPHABET INC-CL C 3.02% | WILLIAMS COMPANIES INC (THE) 2.15% |
| SPACE EXPLORATION TECHN-CL A 2.88% | ILLINOIS TOOL WORKS INC 2.07% |
| INTEL CORP 2.51% | EQUINIX INC 2.05% |
| CISCO SYSTEMS INC 1.90% | VISA INC 1.98% |
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 | |||
|---|---|---|---|---|---|---|
| QYLD | SCEP | QYLD | SCEP | QYLD | SCEP | |
| 3 months | +3.2% | −0.1% | 3.0% | 1.7% | +5.7 pts | −2.4 pts |
| 6 months | +14.5% | +8.3% | 6.3% | 3.7% | −9.7 pts | −9.7 pts |
| 1 year | +23.0% | not published | 12.5% | not published | +1.2 pts | not published |
| 3 years | +55.3% | not published | 36.6% | not published | −42.9 pts | not published |
| Since launch | +198.3% | +3.5% | 116.0% | 5.0% | −644.6 pts | −8.2 pts |
| QYLD Global X NASDAQ 100 Covered Call ETF Covered call on QQQ, paying monthly | SCEP STERLING CAPITAL HEDGED EQUITY PREMIUM INCOME ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Global X | Sterling Capital |
| Strategy | covered call | covered call |
| Benchmark | Nasdaq-100 (QQQ) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 11.8% | 7.1% |
| Expense ratio | 0.60% | 0.65% |
| Cash paid, 1 year | 12.5% | 5.0% (since launch on Dec 11, 2025) |
| Price change, 1 year | +9.1% | −1.6% |
| Total return, 1 year | +23.0% | +3.5% (since launch on Dec 11, 2025) |
| Benchmark return, 1 year | +21.8% | +11.7% |
| Ahead or behind | +1.2 pts | −8.2 pts |
| Return of capital, latest estimate | 100% | not published |
| Age | 4663 days | 281 days |
| Net assets | $8.5bn | $235m |
QYLD in plain words
Over the year to Sep 18, 2026, QYLD paid 12.5% of its starting value in cash distributions while its price rose 9.1%. With every distribution reinvested, the fund returned +23.0%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was ahead by 1.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 11.8%, paid monthly. Global X estimates that 100% of the distribution paid Aug 27, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
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, QYLD or SCEP?
- QYLD charges 0.60% a year and SCEP charges 0.65%, so QYLD 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, QYLD against SCEP, data as of Sep 18, 2026. https://etfiq.com/compare/income/qyld-vs-scep Free to use with attribution; the underlying files are at Open data.