Data as of Nov 4, 2026.
SCEP vs TDAQ: Dividend Yield & Total Return
SCEP and TDAQ both write options for income.
askIQ about this page
askIQ about SCEP and TDAQ
Net assets on Jun 30, 2026: $235m for STERLING CAPITAL HEDGED EQUITY PREMIUM INCOME ETF and $248m for TappAlpha Innovation 100 Growth & Daily Income ETF.
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
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.About even with QQQ
TDAQ over 1 year: paid 16.8%, price −5.7%, total +12.0%, QQQ +12.3%, −0.3 pts. Data to Nov 4, 2026.
QQQ
+12.3%
TDAQ
+12.0%
16.8% of it arrived as cash
about even with QQQ
Total return, distributions reinvested
About even with QQQ
TDAQ over 1 year: paid 16.8%, price −5.7%, total +12.0%, QQQ +12.3%, −0.3 pts. Data to Nov 4, 2026.
QQQ
+12.3%
TDAQ
+12.0%
16.8% as cash
about even with QQQ
16.8% of it arrived as cash. Both charts share one scale, with zero at the line. TDAQ over 1 year: paid 16.8%, price −5.7%, total +12.0%, QQQ +12.3%, −0.3 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
SCEP costs 0.03 points a year less; TDAQ is 1.1 times larger.
Points (pts) are percentage points.
| Measure | SCEP | TDAQ |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | not published | +12.0% |
| Price change | fell 1.1% (6 months) | fell 5.7% (1 year) |
| Return of capital, issuer estimate | 100% of the Oct 5, 2026 payment | 98% of the Oct 21, 2026 payment |
| Against its benchmark | ||
| Benchmark | its own stocks | Nasdaq-100, measured through QQQ |
| Cost and size | ||
| Expense ratio | 0.65% | 0.68% |
| Net assets, as of Jun 30, 2026 | $235m | $248m |
| Holdings | ||
| Holdings in common | 0% | |
What they share
By the books each fund has filed, SCEP and TDAQ hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026.
half
0% in common
Only in one fund ↓
Side by side
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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | SCEP | TDAQ | SCEP | TDAQ | SCEP | TDAQ |
| 3 months | −1.2% | −2.9% | 1.7% | 4.3% | +0.8 pts | +0.5 pts |
| 6 months | +2.4% | −0.5% | 3.5% | 8.4% | +0.4 pts | −0.2 pts |
| 1 year | – | +12.0% | – | 16.8% | – | −0.3 pts |
| Since launchNot the same days: SCEP Dec 2025 · TDAQ Sep 2025 | +5.3% | +21.6% | 6.1% | 19.6% | not measured | +0.6 pts |
– means no data for this window. Open this comparison in the app →
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.
TDAQ
Over the year to Nov 4, 2026, TDAQ paid 16.8% of its starting value in cash distributions while its price fell 5.7%. With every distribution reinvested, the fund returned +12.0%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 18.2%, paid monthly. TappAlpha estimates that 98% of the distribution paid Oct 21, 2026 was a return of capital (its 19a-1 notice).
Questions people ask
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 TDAQ, data as of Nov 4, 2026. https://etfiq.com/compare/income/scep-vs-tdaq
ETFIQ. (Nov 4, 2026). SCEP against TDAQ. Retrieved from https://etfiq.com/compare/income/scep-vs-tdaq
[SCEP against TDAQ (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/scep-vs-tdaq)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.