Data as of .
SCEP vs SPIN: which paid, and which earned it?
SCEP and SPIN both write options for income.
What they hold in common
By the books each fund has filed, SCEP and SPIN hold 31% of their money in the same securities at the same weight.
| Holding | SCEP | SPIN |
|---|---|---|
| APPLE INC | 5.71% | 6.03% |
| NVIDIA CORP | 5.70% | 9.87% |
| AMAZON.COM INC | 4.68% | 4.87% |
| MICROSOFT CORP | 3.49% | 7.06% |
| BROADCOM INC | 5.61% | 3.23% |
| PARKER-HANNIFIN CORP | 2.63% | 1.16% |
| JOHNSON & JOHNSON | 1.54% | 1.02% |
| NETFLIX INC | 1.01% | 0.95% |
| EQUINIX INC | 2.05% | 0.94% |
| WASTE MANAGEMENT INC | 1.03% | 0.82% |
| WALMART INC | 1.05% | 0.68% |
| LAM RESEARCH CORP | 2.64% | 0.54% |
| Only in SCEP | Only in SPIN |
|---|---|
| ALPHABET INC 5.98% | ALPHABET INC CL A 5.65% |
| JP MORGAN CHASE & COMPANY 3.55% | META PLATFORMS INC CLASS A 3.14% |
| META PLATFORMS INC 2.23% | MICRON TECHNOLOGY INC 2.91% |
| ADVANCED MICRO DEVICES INC 2.19% | ADVANCED MICRO DEVICES 2.61% |
| WILLIAMS COMPANIES INC (THE) 2.15% | JPMORGAN CHASE + CO 2.09% |
| ILLINOIS TOOL WORKS INC 2.07% | EXXONMOBIL HOLDINGS CORP 2.07% |
| VISA INC 1.98% | ELI LILLY + CO 2.00% |
| AMPHENOL CORP 1.94% | APPLIED MATERIALS INC 1.52% |
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 | SPIN | SCEP | SPIN | SCEP | SPIN | |
| 3 months | −0.1% | +3.7% | 1.7% | 0.8% | −2.4 pts | +1.4 pts |
| 6 months | +8.3% | +12.3% | 3.7% | 3.2% | −9.7 pts | −5.8 pts |
| 1 year | not published | +11.3% | not published | 5.2% | not published | −5.2 pts |
| Since launch | +3.5% | +28.5% | 5.0% | 15.2% | −8.2 pts | −13.7 pts |
| SCEP STERLING CAPITAL HEDGED EQUITY PREMIUM INCOME ETF Covered call on SPY, paying monthly | SPIN State Street(R) US Equity Premium Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Sterling Capital | State Street |
| Strategy | covered call | covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 7.1% | 2.7% |
| Expense ratio | 0.65% | 0.25% |
| Cash paid, 1 year | 5.0% (since launch on Dec 11, 2025) | 5.2% |
| Price change, 1 year | −1.6% | +5.8% |
| Total return, 1 year | +3.5% (since launch on Dec 11, 2025) | +11.3% |
| Benchmark return, 1 year | +11.7% | +16.6% |
| Ahead or behind | −8.2 pts | −5.2 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 281 days | 743 days |
| Net assets | $235m | $48m |
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.
SPIN in plain words
Over the year to Sep 18, 2026, SPIN paid 5.2% of its starting value in cash distributions while its price rose 5.8%. With every distribution reinvested, the fund returned +11.3%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 5.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 2.7%, paid monthly.
Questions people ask
- Which is cheaper, SCEP or SPIN?
- SCEP charges 0.65% a year and SPIN charges 0.25%, so SPIN 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 SPIN, data as of Sep 18, 2026. https://etfiq.com/compare/income/scep-vs-spin Free to use with attribution; the underlying files are at Open data.