Data as of .
SCEP vs SPUT: which paid, and which earned it?
SCEP and SPUT both write options for income.
What they hold in common
By the books each fund has filed, SCEP and SPUT hold 24% of their money in the same securities at the same weight.
| Holding | SCEP | SPUT |
|---|---|---|
| NVIDIA CORP | 5.70% | 3.85% |
| APPLE INC | 5.71% | 3.22% |
| MICROSOFT CORP | 3.49% | 2.47% |
| AMAZON.COM INC | 4.68% | 2.09% |
| ALPHABET INC | 5.98% | 1.84% |
| BROADCOM INC | 5.61% | 1.60% |
| META PLATFORMS INC | 2.23% | 1.10% |
| JP MORGAN CHASE & COMPANY | 3.55% | 0.70% |
| ELI LILLY & COMPANY | 1.25% | 0.65% |
| ADVANCED MICRO DEVICES INC | 2.19% | 0.47% |
| WALMART INC | 1.05% | 0.47% |
| VISA INC | 1.98% | 0.46% |
| Only in SCEP | Only in SPUT |
|---|---|
| CHUBB LTD (SWITZERLAND) 1.56% | TREASURY BILL 49.24% |
| MKS INC 1.22% | Alphabet Inc 1.59% |
| Tesla Inc 0.91% | |
| Exxon Mobil Corp 0.54% | |
| Berkshire Hathaway Inc 0.54% | |
| Micron Technology Inc 0.48% | |
| Caterpillar Inc 0.35% | |
| Intel Corp 0.34% |
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 Apr 30, 2026 and Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| SCEP | SPUT | SCEP | SPUT | SCEP | SPUT | |
| 3 months | −0.1% | +2.4% | 1.7% | 1.1% | −2.4 pts | +0.1 pts |
| 6 months | +8.3% | +11.5% | 3.7% | 2.5% | −9.7 pts | −6.5 pts |
| 1 year | not published | +11.5% | not published | 5.2% | not published | −5.1 pts |
| Since launch | +3.5% | +22.4% | 5.0% | 8.5% | −8.2 pts | −15.6 pts |
| SCEP STERLING CAPITAL HEDGED EQUITY PREMIUM INCOME ETF Covered call on SPY, paying monthly | SPUT Innovator Equity Premium Income - Daily PutWrite ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Sterling Capital | Innovator |
| Strategy | covered call | covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 7.1% | 4.7% |
| Expense ratio | 0.65% | 0.79% |
| Cash paid, 1 year | 5.0% (since launch on Dec 11, 2025) | 5.2% |
| Price change, 1 year | −1.6% | +6.0% |
| Total return, 1 year | +3.5% (since launch on Dec 11, 2025) | +11.5% |
| Benchmark return, 1 year | +11.7% | +16.6% |
| Ahead or behind | −8.2 pts | −5.1 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 281 days | 553 days |
| Net assets | $235m | $17m |
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.
SPUT in plain words
Over the year to Sep 18, 2026, SPUT paid 5.2% of its starting value in cash distributions while its price rose 6.0%. With every distribution reinvested, the fund returned +11.5%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 5.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 4.7%, paid monthly.
Questions people ask
- Which is cheaper, SCEP or SPUT?
- SCEP charges 0.65% a year and SPUT charges 0.79%, 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 SPUT, data as of Sep 18, 2026. https://etfiq.com/compare/income/scep-vs-sput Free to use with attribution; the underlying files are at Open data.