ONEH vs. SCEP

Last updated Jun 24, 2026

ONEH (TrueShares Equity Hedge ETF) and SCEP (Sterling Capital Hedged Equity Premium Income ETF) are both Equity Hedged funds. Both are actively managed. At a 0.21 correlation, their price movements are largely independent. ONEH charges 0.79%/yr vs 0.65%/yr for SCEP.

Performance

ONEH vs. SCEP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TrueShares Equity Hedge ETF (ONEH) and Sterling Capital Hedged Equity Premium Income ETF (SCEP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ONEH

• 1D: 0.14%
• 1M: 0.90%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SCEP

• 1D: -1.13%
• 1M: -0.79%
• YTD: 2.52%
• 6M: 2.03%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ONEH vs. SCEP - Yearly Performance Comparison

	2026 (YTD)
ONEH TrueShares Equity Hedge ETF	-1.06%
SCEP Sterling Capital Hedged Equity Premium Income ETF	1.44%

Correlation

The correlation between ONEH and SCEP is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 29, 2026	0.21

Return for Risk

ONEH vs. SCEP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TrueShares Equity Hedge ETF (ONEH) and Sterling Capital Hedged Equity Premium Income ETF (SCEP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

ONEH vs. SCEP - Drawdown Comparison

The maximum ONEH drawdown since its inception was -3.55%, smaller than the maximum SCEP drawdown of -7.25%. Use the drawdown chart below to compare losses from any high point for ONEH and SCEP.

Drawdown Indicators

	ONEH	SCEP	Difference
Max Drawdown Largest peak-to-trough decline	-3.55%	-7.25%	+3.70%
Current Drawdown Current decline from peak	-1.06%	-1.68%	+0.62%
Average Drawdown Average peak-to-trough decline	-1.50%	-1.54%	+0.04%

Volatility

Volatility by Period

	ONEH	SCEP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	5.36%	10.72%	-5.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.36%	10.72%	-5.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.36%	10.72%	-5.36%

ONEH vs. SCEP - Expense Ratio Comparison

ONEH has a 0.79% expense ratio, which is higher than SCEP's 0.65% expense ratio.

Dividends

ONEH vs. SCEP - Dividend Comparison

ONEH has not paid dividends to shareholders, while SCEP's dividend yield for the trailing twelve months is around 3.29%.

Position	TTM	2025
ONEH TrueShares Equity Hedge ETF	0.00%	0.00%
SCEP Sterling Capital Hedged Equity Premium Income ETF	3.29%	0.38%

Frequently Asked Questions

Can I hold both ONEH and SCEP in my portfolio?

ONEH and SCEP have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ONEH or SCEP?

On fees, SCEP is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ONEH or SCEP?

SCEP is cheaper with a 0.65% expense ratio, compared with 0.79% for ONEH.

Which ETF pays a higher dividend yield, ONEH or SCEP?

SCEP has the higher dividend yield at 3.29%, compared with 0.00% for ONEH.

What is the main difference between ONEH and SCEP?

They also come from different issuers: TrueShares and Sterling Capital. Their fees differ too: 0.79% for ONEH and 0.65% for SCEP.