Data as of .
RDVI vs SCEP: which paid, and which earned it?
RDVI and SCEP both write options for income.
What they hold in common
By the books each fund has filed, RDVI and SCEP hold 3% of their money in the same securities at the same weight.
| Holding | RDVI | SCEP |
|---|---|---|
| Apple Inc. | 1.66% | 5.71% |
| Booking Holdings Inc. | 1.26% | 1.16% |
| Monolithic Power Systems, Inc. | 0.57% | 1.89% |
| Only in RDVI | Only in SCEP |
|---|---|
| Lam Research Corporation 2.31% | ALPHABET INC 5.98% |
| Applied Materials, Inc. 2.30% | NVIDIA CORP 5.70% |
| The Travelers Companies, Inc. 2.27% | BROADCOM INC 5.61% |
| The Bank of New York Mellon Corporation 2.22% | AMAZON.COM INC 4.68% |
| GE Vernova Inc. 2.19% | JP MORGAN CHASE & COMPANY 3.55% |
| Micron Technology, Inc. 2.18% | MICROSOFT CORP 3.49% |
| KLA Corporation 2.16% | LAM RESEARCH CORP 2.64% |
| NVIDIA Corporation 2.16% | PARKER-HANNIFIN CORP 2.63% |
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 | |||
|---|---|---|---|---|---|---|
| RDVI | SCEP | RDVI | SCEP | RDVI | SCEP | |
| 3 months | +0.3% | −0.1% | 2.1% | 1.7% | −6.3 pts | −2.4 pts |
| 6 months | +15.1% | +8.3% | 4.6% | 3.7% | +2.5 pts | −9.7 pts |
| 1 year | +19.2% | not published | 8.8% | not published | −8.0 pts | not published |
| 3 years | +69.2% | not published | 29.6% | not published | +15.5 pts | not published |
| Since launch | +101.2% | +3.5% | 41.0% | 5.0% | +32.0 pts | −8.2 pts |
| RDVI FT Vest Rising Dividend Achievers Target Income ETF Dividend stocks with call overlay on SCHD, paying monthly | SCEP STERLING CAPITAL HEDGED EQUITY PREMIUM INCOME ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | First Trust | Sterling Capital |
| Strategy | dividend stocks with call overlay | covered call |
| Benchmark | US dividend stocks (SCHD), used as the dividend proxy | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 8.8% | 7.1% |
| Expense ratio | 0.75% | 0.65% |
| Cash paid, 1 year | 8.8% | 5.0% (since launch on Dec 11, 2025) |
| Price change, 1 year | +9.6% | −1.6% |
| Total return, 1 year | +19.2% | +3.5% (since launch on Dec 11, 2025) |
| Benchmark return, 1 year | +27.2% | +11.7% |
| Ahead or behind | −8.0 pts | −8.2 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1429 days | 281 days |
| Net assets | $3.7bn | $235m |
RDVI in plain words
Over the year to Sep 18, 2026, RDVI paid 8.8% of its starting value in cash distributions while its price rose 9.6%. With every distribution reinvested, the fund returned +19.2%. US dividend stocks (SCHD), used as the dividend proxy returned +27.2% over the same days, so a holder was behind by 8.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.8%, 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, RDVI or SCEP?
- RDVI charges 0.75% 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, RDVI against SCEP, data as of Sep 18, 2026. https://etfiq.com/compare/income/rdvi-vs-scep Free to use with attribution; the underlying files are at Open data.