Which is cheaper, SCEP or SDVD?

SCEP charges 0.65% a year and SDVD charges 0.85%, so SCEP is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

SCEP vs SDVD: Dividend Yield & Total Return

SCEP and SDVD both write options for income.

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Net assets: $235m on Jun 30, 2026 for STERLING CAPITAL HEDGED EQUITY PREMIUM INCOME ETF, and $903m on Nov 3, 2026 for FT Vest SMID Rising Dividend Achievers Target Income ETF.

SCEP on its own →SDVD on its own →

At a glance

6.1%

SCEP cash paid, since launch, Dec 11, 2025

9.7%

SDVD cash paid, 1 year

+5.3%

SCEP total return, since launch, Dec 11, 2025

+18.9%

SDVD total return, 1 year

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% 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. Total return, distributions reinvested. 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.

SDVD · 1 year to Nov 4, 2026 1.4 pts ahead of SDVY

SDVD

+18.9%

SDVY

+17.5%

1.4 pts ahead of SDVY

SDVD over 1 year: paid 9.7%, price +8.6%, total +18.9%, SDVY +17.5%, +1.4 pts. Data to Nov 4, 2026.

SDVY

+17.5%

SDVD

+18.9%

9.7% of it arrived as cash

1.4 pts ahead of SDVY

Total return, distributions reinvested

1.4 pts ahead of SDVY

SDVD over 1 year: paid 9.7%, price +8.6%, total +18.9%, SDVY +17.5%, +1.4 pts. Data to Nov 4, 2026.

SDVY

+17.5%

SDVD

+18.9%

9.7% cash

1.4 pts ahead of SDVY

9.7% of it arrived as cash. Both charts share one scale, with zero at the line. SDVD over 1 year: paid 9.7%, price +8.6%, total +18.9%, SDVY +17.5%, +1.4 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

SCEP costs 0.20 points a year less.

Points (pts) are percentage points.

SCEP vs SDVD: Dividend Yield & Total Return
Measure	SCEP	SDVD
Paid and earned
Measure	SCEP	SDVD
Total return, 1 year	not published	+18.9%
Price change	fell 1.1% (6 months)	rose 8.6% (1 year)
Return of capital, issuer estimate	100% of the Oct 5, 2026 payment	22% of the Oct 30, 2026 payment
Against its benchmark
Measure	SCEP	SDVD
Benchmark	its own stocks	First Trust SMID Cap Rising Dividend Achievers ETF, measured through SDVY
Cost and size
Measure	SCEP	SDVD
Expense ratio	0.65%	0.85%
Net assets, SCEP as of Jun 30, 2026 and SDVD as of Nov 3, 2026	$235m	$903m
Holdings
Measure	SCEP	SDVD
Holdings in common	0%

Method

What they share

By the books each fund has filed, SCEP and SDVD hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 3, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first SCEP SDVD

Only in one fund ↓

Only in SCEP

ALPHABET INC 5.88%

APPLE INC 5.61%

NVIDIA CORP 5.61%

BROADCOM INC 5.51%

AMAZON.COM INC 4.60%

JP MORGAN CHASE & COMPANY 3.50%

MICROSOFT CORP 3.43%

LAM RESEARCH CORP 2.60%

Only in SDVD

The Hanover Insurance Group, Inc. 1.09%

Reinsurance Group of America, Incorporated 1.06%

Williams-Sonoma, Inc. 1.06%

Veralto Corporation 1.05%

Assurant, Inc. 1.02%

Interparfums, Inc. 1.02%

National HealthCare Corporation 1.02%

VeriSign, Inc. 1.02%

Check overlap with more funds →

Side by side

SCEP STERLING CAPITAL HEDGED EQUITY PREMIUM INCOME ETF · Covered call on its own stocks, paying monthly SDVD FT Vest SMID Rising Dividend Achievers Target Income ETF · Writes calls on the Russell 2000, investing in the Nasdaq US Small-Mid Cap Rising Dividend Achievers Index, paying monthly

Issuer Sterling Capital First Trust

Strategy covered call dividend stocks with call overlay

Benchmark SCEP's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jun 30, 2026) First Trust SMID Cap Rising Dividend Achievers ETF (SDVY)

Pays monthly monthly

Payout rate, annualized 7.0% 8.2%

Expense ratio 0.65% 0.85%

Cash paid, 1 year 6.1% (since launch, Dec 11, 2025) 9.7%

Price change, 1 year −1.0% (since launch, Dec 11, 2025) +8.6%

Total return, 1 year +5.3% (since launch, Dec 11, 2025) +18.9%

Benchmark return, 1 year not published +17.5%

Ahead or behind not available +1.4 pts

Return of capital, latest estimate 100% 22%

Age 328 days 3.2 years

Net assets, SCEP as of Jun 30, 2026 and SDVD as of Nov 3, 2026 $235m $903m

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: SCEP vs SDVD: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	SCEP	SDVD	SCEP	SDVD	SCEP	SDVD
3 months	−1.2%	−2.3%	1.7%	2.0%	+0.8 pts	+0.5 pts
6 months	+2.4%	+3.3%	3.5%	4.1%	+0.4 pts	+0.9 pts
1 year	–	+18.9%	–	9.7%	–	+1.4 pts
3 years	–	+60.8%	–	31.3%	–	+1.0 pts
Since launchNot the same days: SCEP Dec 2025 · SDVD Aug 2023	+5.3%	+53.9%	6.1%	31.3%	not measured	+1.9 pts

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Alert

About each fund

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). That is a tax label, not a measure of erosion.

SDVD

Over the year to Nov 4, 2026, SDVD paid 9.7% of its starting value in cash distributions while its price rose 8.6%. With every distribution reinvested, the fund returned +18.9%. First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) returned +17.5% over the same days, so a holder was ahead by 1.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 8.2%, paid monthly. First Trust estimates that 22% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which is cheaper, SCEP or SDVD?: SCEP charges 0.65% a year and SDVD charges 0.85%, so SCEP is cheaper. Fees come from each fund's prospectus.

Other comparisons

SCEP vs FEPI SCEP vs KNG SCEP vs FDND SCEP vs DYLG SDVD vs TCAL SDVD vs GRNI SDVD vs HEMI SDVD vs CVRD

Where to next

First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →SCEP on its own →SDVD on its own →SCEP dividend history →SCEP holdings →SDVD dividend history →SDVD holdings →Method →Standards and sources →

Sources and dates

SCEP filings on SEC EDGAR ↗

SCEP prospectus with the expense ratio (SEC) ↗

SCEP 19a-1 distribution notice ↗

Sterling Capital website ↗

SDVD filings on SEC EDGAR ↗

SDVD prospectus with the expense ratio (SEC) ↗

SDVD 19a-1 distribution notice ↗

First Trust page for SDVD ↗

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, SCEP against SDVD, data as of Nov 4, 2026. https://etfiq.com/compare/income/scep-vs-sdvd

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