Data as of .
SCEP vs XRMI: which paid, and which earned it?
SCEP and XRMI both write options for income.
What they hold in common
By the books each fund has filed, SCEP and XRMI hold 31% of their money in the same securities at the same weight.
| Holding | SCEP | XRMI |
|---|---|---|
| APPLE INC | 5.71% | 7.54% |
| NVIDIA CORP | 5.70% | 8.27% |
| AMAZON.COM INC | 4.68% | 3.82% |
| MICROSOFT CORP | 3.49% | 5.63% |
| BROADCOM INC | 5.61% | 2.61% |
| META PLATFORMS INC | 2.23% | 2.26% |
| JOHNSON & JOHNSON | 1.54% | 1.00% |
| ABBVIE INC | 1.62% | 0.72% |
| WALMART INC | 1.05% | 0.72% |
| COSTCO WHOLESALE CORP | 2.40% | 0.61% |
| LAM RESEARCH CORP | 2.64% | 0.54% |
| NETFLIX INC | 1.01% | 0.46% |
| Only in SCEP | Only in XRMI |
|---|---|
| ALPHABET INC 5.98% | ALPHABET INC-CL A 3.15% |
| JP MORGAN CHASE & COMPANY 3.55% | ALPHABET INC-CL C 2.50% |
| ADVANCED MICRO DEVICES INC 2.19% | MICRON TECHNOLOGY INC 1.76% |
| WILLIAMS COMPANIES INC (THE) 2.15% | TESLA INC 1.58% |
| ILLINOIS TOOL WORKS INC 2.07% | BERKSHIRE HATHAWAY INC-CL B 1.46% |
| VISA INC 1.98% | JPMORGAN CHASE & CO 1.44% |
| AMPHENOL CORP 1.94% | ELI LILLY & CO 1.42% |
| AIR PRODUCTS AND CHEMICALS INC 1.87% | ADVANCED MICRO DEVICES 1.40% |
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 | XRMI | SCEP | XRMI | SCEP | XRMI | |
| 3 months | −0.1% | +3.5% | 1.7% | 3.0% | −2.4 pts | +1.2 pts |
| 6 months | +8.3% | +8.9% | 3.7% | 6.3% | −9.7 pts | −9.1 pts |
| 1 year | not published | +10.3% | not published | 12.1% | not published | −6.3 pts |
| 3 years | not published | +27.2% | not published | 33.3% | not published | −51.2 pts |
| Since launch | +3.5% | +17.0% | 5.0% | 43.8% | −8.2 pts | −66.1 pts |
| SCEP STERLING CAPITAL HEDGED EQUITY PREMIUM INCOME ETF Covered call on SPY, paying monthly | XRMI Global X S&P 500 Risk Managed Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | Sterling Capital | Global X |
| Strategy | covered call | option income |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 7.1% | 12.3% |
| Expense ratio | 0.65% | 0.60% |
| Cash paid, 1 year | 5.0% (since launch on Dec 11, 2025) | 12.1% |
| Price change, 1 year | −1.6% | −2.4% |
| Total return, 1 year | +3.5% (since launch on Dec 11, 2025) | +10.3% |
| Benchmark return, 1 year | +11.7% | +16.6% |
| Ahead or behind | −8.2 pts | −6.3 pts |
| Return of capital, latest estimate | not published | 95% |
| Age | 281 days | 1849 days |
| Net assets | $235m | $60m |
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.
XRMI in plain words
Over the year to Sep 18, 2026, XRMI paid 12.1% of its starting value in cash distributions while its price fell 2.4%. With every distribution reinvested, the fund returned +10.3%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 6.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 12.3%, paid monthly. Global X estimates that 95% of the distribution paid Aug 27, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which is cheaper, SCEP or XRMI?
- SCEP charges 0.65% a year and XRMI charges 0.60%, so XRMI 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 XRMI, data as of Sep 18, 2026. https://etfiq.com/compare/income/scep-vs-xrmi Free to use with attribution; the underlying files are at Open data.