Which is cheaper, SCLZ or XVSP?

SCLZ charges 0.79% a year and XVSP charges 0.85%, so SCLZ is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

SCLZ vs XVSP: Dividend Yield & Total Return

SCLZ and XVSP both write options for income.

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Net assets: $20m on Jun 30, 2026 for Swan Enhanced Dividend Income ETF, and $4.5m on Nov 3, 2026 for FT Vest SPCX & Target Income ETF.

SCLZ on its own →XVSP on its own →

At a glance

8.5%

SCLZ cash paid, 1 year

2.7%

XVSP cash paid, since launch, Aug 26, 2026

+10.6%

SCLZ total return, 1 year

−2.2%

XVSP total return, since launch, Aug 26, 2026

SCLZ · 1 year to Nov 4, 2026 4.2 pts behind SPY

SCLZ

+10.6%

SPY

+14.8%

4.2 pts behind SPY

SCLZ over 1 year: paid 8.5%, price +1.6%, total +10.6%, SPY +14.8%, −4.2 pts. Data to Nov 4, 2026.

SPY

+14.8%

SCLZ

+10.6%

8.5% of it arrived as cash

4.2 pts behind SPY

Total return, distributions reinvested

4.2 pts behind SPY

SCLZ over 1 year: paid 8.5%, price +1.6%, total +10.6%, SPY +14.8%, −4.2 pts. Data to Nov 4, 2026.

SPY

+14.8%

SCLZ

+10.6%

4.2 pts behind SPY

8.5% of it arrived as cash. Total return, distributions reinvested. SCLZ over 1 year: paid 8.5%, price +1.6%, total +10.6%, SPY +14.8%, −4.2 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

XVSP · since launch to Nov 4, 2026 About even with SPCX

XVSP

−2.2%

SPCX

−2.7%

About even with SPCX

XVSP since launch: paid 2.7%, price −4.6%, total −2.2%, SPCX −2.7%, +0.5 pts. Data to Nov 4, 2026.

SPCX

−2.7%

XVSP

−2.2%

about even with SPCX

Total return, distributions reinvested

About even with SPCX

XVSP since launch: paid 2.7%, price −4.6%, total −2.2%, SPCX −2.7%, +0.5 pts. Data to Nov 4, 2026.

SPCX

−2.7%

XVSP

−2.2%

about even with SPCX

2.7% of it arrived as cash. Both charts share one scale, with zero at the line. XVSP since launch: paid 2.7%, price −4.6%, total −2.2%, SPCX −2.7%, +0.5 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

SCLZ costs 0.06 points a year less.

Points (pts) are percentage points.

SCLZ vs XVSP: Dividend Yield & Total Return
Measure	SCLZ	XVSP
Paid and earned
Measure	SCLZ	XVSP
Total return, 1 year	+10.6%	not published
Price change	rose 1.6% (1 year)	fell 4.6% (since Aug 26, 2026)
Against its benchmark
Measure	SCLZ	XVSP
Benchmark	S&P 500, measured through SPY	Space Exploration Technologies (SPCX)
Cost and size
Measure	SCLZ	XVSP
Expense ratio	0.79%	0.85%
Net assets, SCLZ as of Jun 30, 2026 and XVSP as of Nov 3, 2026	$20m	$4.5m
Holdings
Measure	SCLZ	XVSP
Holdings in common	0%

Method

What they share

By the books each fund has filed, SCLZ and XVSP hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 3, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first SCLZ XVSP

Only in one fund ↓

Only in SCLZ

MICRON TECHNOLOGY INC 7.95%

APPLE INC 6.20%

NVIDIA CORP 6.03%

ALPHABET INC 5.22%

ADVANCED MICRO DEVICES INC 5.18%

BROADCOM INC 4.74%

ELI LILLY & COMPANY 3.88%

AMAZON.COM INC 3.77%

Only in XVSP

2027-01-21 S&P 500® Mini Index P 1,500.03 342.87%

2027-01-21 S&P 500® Mini Index C 500.03 122.35%

Space Exploration Technologies Corp. (Class A) 50.05%

2027-01-21 S&P 500® Mini Index C 1,500.03 0.00%

2027-01-22 Space Exploration Technologies Corp. (Class A) C 1,327.41 0.00%

2027-01-21 S&P 500® Mini Index P 500.03 -0.49%

2026-11-06 Space Exploration Technologies Corp. (Class A) C 135 -0.52%

2027-01-22 Space Exploration Technologies Corp. (Class A) P 1,327.41 -416.73%

Check overlap with more funds →

Side by side

SCLZ Swan Enhanced Dividend Income ETF · Dividend stocks with call overlay on SPY, paying monthly XVSP FT Vest SPCX & Target Income ETF · Option income on SPCX

Issuer Swan First Trust

Strategy dividend stocks with call overlay option income

Benchmark S&P 500 (SPY) Space Exploration Technologies (SPCX)

Pays monthly not established

Payout rate, annualized 8.7% 16.6%

Expense ratio 0.79% 0.85%

Cash paid, 1 year 8.5% 2.7% (since launch, Aug 26, 2026)

Price change, 1 year +1.6% −4.6% (since launch, Aug 26, 2026)

Total return, 1 year +10.6% −2.2% (since launch, Aug 26, 2026)

Benchmark return, 1 year +14.8% −2.7% (since launch, Aug 26, 2026)

Ahead or behind −4.2 pts +0.5 pts (since launch, Aug 26, 2026)

Return of capital, latest estimate not published 100%

Age 2.7 years 70 days

Net assets, SCLZ as of Jun 30, 2026 and XVSP as of Nov 3, 2026 $20m $4.5m

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

Window by window: SCLZ vs XVSP: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	SCLZ	XVSP	SCLZ	XVSP	SCLZ	XVSP
3 months	0.0%	–	2.1%	–	+0.2 pts	–
6 months	+4.4%	–	4.3%	–	−0.6 pts	–
1 year	+10.6%	–	8.5%	–	−4.2 pts	–
Since launchNot the same days: SCLZ Feb 2024 · XVSP Aug 2026	+35.4%	−2.2%	21.2%	2.7%	−20.8 pts	+0.4 pts

– means no data for this window. Open this comparison in the app →

Alert

About each fund

SCLZ

Over the year to Nov 4, 2026, SCLZ paid 8.5% of its starting value in cash distributions while its price rose 1.6%. With every distribution reinvested, the fund returned +10.6%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 4.2 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 8.7%, paid monthly.

XVSP

Over the period from its first trade on Aug 26, 2026 to Nov 4, 2026, XVSP paid 2.7% of its starting value in cash distributions while its price fell 4.6%. With every distribution reinvested, the fund returned −2.2%. Space Exploration Technologies (SPCX) returned −2.7% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 16.6%, paid periodically. First Trust estimates that 100% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

Questions people ask

Which is cheaper, SCLZ or XVSP?: SCLZ charges 0.79% a year and XVSP charges 0.85%, so SCLZ is cheaper. Fees come from each fund's prospectus.

Other comparisons

SCLZ vs YSPC SCLZ vs XSHP SCLZ vs DYLG SCLZ vs DDDD XVSP vs DRKY XVSP vs APRH XVSP vs APRJ XVSP vs BIGY

Where to next

S&P 500 (SPY) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →SCLZ on its own →XVSP on its own →SCLZ dividend history →SCLZ holdings →XVSP dividend history →XVSP holdings →Method →Standards and sources →

Sources and dates

SCLZ filings on SEC EDGAR ↗

SCLZ prospectus with the expense ratio (SEC) ↗

Swan website ↗

XVSP filings on SEC EDGAR ↗

XVSP prospectus with the expense ratio (SEC) ↗

XVSP 19a-1 distribution notice ↗

First Trust page for XVSP ↗

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, SCLZ against XVSP, data as of Nov 4, 2026. https://etfiq.com/compare/income/sclz-vs-xvsp

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.