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Data as of .

SCLZ vs XPAY: which paid, and which earned it?

Over the year XPAY paid 19.9% of its price in cash against SCLZ’s 8.4%, and returned more with it reinvested.

Swan Enhanced Dividend Income ETF and Roundhill S&P 500 Target 20 Managed Distribution ETF.

8.4%SCLZ cash paid, 1 year
19.9%XPAY cash paid, 1 year
+13.2%SCLZ total return, 1 year
+15.7%XPAY total return, 1 year

ETFIQ Return Stability Score: XPAY scores higher

Was the payout funded by returns, or by your own capital?

SCLZ 43.6XPAY 50.33.8, the lowest in this set96.8, the highest

A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

SCLZ14 pts behind SCHD · 1 year to Sep 18, 2026
SCHD+27.2%SCLZ+13.2%8.4% of it arrived as cash14 pts behind SCHDTotal return, distributions reinvestedSCHD+27.2%SCLZ+13.2%14 pts behind SCHD
XPAY0.9 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%XPAY+15.7%19.9% of it arrived as cash0.9 pts behind SPYTotal return, distributions reinvestedSPY+16.6%XPAY+15.7%19.9% cash0.9 pts behind SPY

What they hold in common

By the books each fund has filed, SCLZ and XPAY hold 0% of their money in the same securities at the same weight.

Only in each
Only in SCLZOnly in XPAY
MICRON TECHNOLOGY INC 7.89%SPY 02/12/2027 33.47 C 13.75%
APPLE INC 6.15%SPY 07/16/2027 36.7 C 11.79%
NVIDIA CORP 5.99%SPY 03/12/2027 33.67 C 11.51%
ALPHABET INC 5.18%SPY 04/16/2027 33.87 C 11.49%
ADVANCED MICRO DEVICES INC 5.14%SPY 06/11/2027 37.11 C 10.07%
BROADCOM INC 4.71%SPY 01/15/2027 33.21 C 6.96%
ELI LILLY & COMPANY 3.86%SPY 12/11/2026 33.1 C 6.40%
AMAZON.COM INC 3.75%SPY 09/10/2027 37.99 C 5.57%

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

SCLZ and XPAY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
SCLZXPAYSCLZXPAYSCLZXPAY
3 months+2.9%+2.0%2.1%5.0%−3.6 pts−0.3 pts
6 months+14.2%+17.8%3.8%11.1%+1.6 pts−0.2 pts
1 year+13.2%+15.7%8.4%19.9%−14.0 pts−0.9 pts
Since launch+36.5%+34.7%19.6%37.5%−6.3 pts−2.3 pts
Open the live comparison on ETFIQ
SCLZ and XPAY on the same fields, as of Sep 18, 2026. Source: ETFIQ.
SCLZ
Swan Enhanced Dividend Income ETF
Dividend stocks with call overlay on SCHD, paying monthly
XPAY
Roundhill S&P 500 Target 20 Managed Distribution ETF
Option income on SPY, paying monthly
IssuerSwanRoundhill
Strategydividend stocks with call overlayoption income
BenchmarkUS dividend stocks (SCHD), used as the dividend proxyS&P 500 (SPY)
Paysmonthlymonthly
Payout rate, annualized8.5%20.8%
Expense ratio0.79%0.49%
Cash paid, 1 year8.4%19.9%
Price change, 1 year+4.1%−5.8%
Total return, 1 year+13.2%+15.7%
Benchmark return, 1 year+27.2%+16.6%
Ahead or behind−14.0 pts−0.9 pts
Return of capital, latest estimatenot publishednot published
Age934 days687 days
Net assets$20m$179m

SCLZ in plain words

Over the year to Sep 18, 2026, SCLZ paid 8.4% of its starting value in cash distributions while its price rose 4.1%. With every distribution reinvested, the fund returned +13.2%. US dividend stocks (SCHD), used as the dividend proxy returned +27.2% over the same days, so a holder was behind by 14.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.5%, paid monthly.

XPAY in plain words

Over the year to Sep 18, 2026, XPAY paid 19.9% of its starting value in cash distributions while its price fell 5.8%. With every distribution reinvested, the fund returned +15.7%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 0.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 20.8%, paid monthly.

Questions people ask

Which paid more, SCLZ or XPAY?
Over the year to Sep 18, 2026, SCLZ paid 8.4% of its starting price in cash and XPAY paid 19.9%, so XPAY paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, SCLZ or XPAY?
With every distribution reinvested, SCLZ returned +13.2% and XPAY returned +15.7% over the year to Sep 18, 2026, so XPAY returned more.
Which is cheaper, SCLZ or XPAY?
SCLZ charges 0.79% a year and XPAY charges 0.49%, so XPAY 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.

SCLZ against XPAY, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, SCLZ against XPAY, data as of Sep 18, 2026. https://etfiq.com/compare/income/sclz-vs-xpay Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources