Data as of .
SCEP vs SDVD: which paid, and which earned it?
SCEP and SDVD both write options for income.
What they hold in common
By the books each fund has filed, SCEP and SDVD hold 0% of their money in the same securities at the same weight.
| Only in SCEP | Only in SDVD |
|---|---|
| ALPHABET INC 5.98% | National HealthCare Corporation 1.12% |
| APPLE INC 5.71% | First BanCorp. 1.04% |
| NVIDIA CORP 5.70% | OFG Bancorp 1.03% |
| BROADCOM INC 5.61% | The Hanover Insurance Group, Inc. 1.01% |
| AMAZON.COM INC 4.68% | Interparfums, Inc. 1.00% |
| JP MORGAN CHASE & COMPANY 3.55% | Reinsurance Group of America, Incorporat 1.00% |
| MICROSOFT CORP 3.49% | VeriSign, Inc. 1.00% |
| LAM RESEARCH CORP 2.64% | Assurant, Inc. 0.99% |
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 | |||
|---|---|---|---|---|---|---|
| SCEP | SDVD | SCEP | SDVD | SCEP | SDVD | |
| 3 months | −0.1% | −0.1% | 1.7% | 2.1% | −2.4 pts | −6.7 pts |
| 6 months | +8.3% | +8.3% | 3.7% | 4.4% | −9.7 pts | −4.3 pts |
| 1 year | not published | +10.8% | not published | 9.2% | not published | −16.4 pts |
| 3 years | not published | +53.0% | not published | 30.7% | not published | −0.7 pts |
| Since launch | +3.5% | +47.6% | 5.0% | 29.7% | −8.2 pts | −4.1 pts |
| SCEP STERLING CAPITAL HEDGED EQUITY PREMIUM INCOME ETF Covered call on SPY, paying monthly | SDVD FT Vest SMID Rising Dividend Achievers Target Income ETF Dividend stocks with call overlay on SCHD, paying monthly | |
|---|---|---|
| Issuer | Sterling Capital | First Trust |
| Strategy | covered call | dividend stocks with call overlay |
| Benchmark | S&P 500 (SPY) | US dividend stocks (SCHD), used as the dividend proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 7.1% | 8.8% |
| Expense ratio | 0.65% | 0.85% |
| Cash paid, 1 year | 5.0% (since launch on Dec 11, 2025) | 9.2% |
| Price change, 1 year | −1.6% | +1.2% |
| Total return, 1 year | +3.5% (since launch on Dec 11, 2025) | +10.8% |
| Benchmark return, 1 year | +11.7% | +27.2% |
| Ahead or behind | −8.2 pts | −16.4 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 281 days | 1135 days |
| Net assets | $235m | $888m |
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.
SDVD in plain words
Over the year to Sep 18, 2026, SDVD paid 9.2% of its starting value in cash distributions while its price rose 1.2%. With every distribution reinvested, the fund returned +10.8%. US dividend stocks (SCHD), used as the dividend proxy returned +27.2% over the same days, so a holder was behind by 16.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.8%, paid monthly.
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
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, SCEP against SDVD, data as of Sep 18, 2026. https://etfiq.com/compare/income/scep-vs-sdvd Free to use with attribution; the underlying files are at Open data.