QQHG vs. SCEP

Last updated Jun 4, 2026

QQHG (Invesco QQQ Hedged Advantage ETF) and SCEP (Sterling Capital Hedged Equity Premium Income ETF) are both Equity Hedged funds. Both are actively managed. Their correlation of 0.83 suggests significant overlap in exposure. QQHG charges 0.45%/yr vs 0.65%/yr for SCEP.

Performance

QQHG vs. SCEP - Performance Comparison

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

Returns By Period

In the year-to-date period, QQHG achieves a 11.43% return, which is significantly higher than SCEP's 3.92% return.

QQHG

• 1D: -0.26%
• 1M: 4.73%
• YTD: 11.43%
• 6M: 10.75%
• 1Y: 26.43%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SCEP

• 1D: 0.05%
• 1M: 2.13%
• YTD: 3.92%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QQHG vs. SCEP - Yearly Performance Comparison

	2026 (YTD)	2025
QQHG Invesco QQQ Hedged Advantage ETF	11.43%	-1.21%
SCEP Sterling Capital Hedged Equity Premium Income ETF	3.92%	-0.50%

Correlation

The correlation between QQHG and SCEP is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 12, 2025	0.83

Return for Risk

QQHG vs. SCEP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QQHG

QQHG Risk / Return Rank: 84
QQHG Sharpe Ratio Rank: 85
QQHG Sortino Ratio Rank: 86
QQHG Omega Ratio Rank: 83
QQHG Calmar Ratio Rank: 82
QQHG Martin Ratio Rank: 83

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QQHG vs. SCEP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ Hedged Advantage ETF (QQHG) 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.

	QQHG	SCEP	Difference
Sharpe ratio: Return per unit of total volatility	2.82	—	—
Sortino ratio: Return per unit of downside risk	3.92	—	—
Omega ratio: Gain probability vs. loss probability	1.51	—	—
Calmar ratio: Return relative to maximum drawdown	4.30	—	—
Martin ratio: Return relative to average drawdown	17.07	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	QQHG	SCEP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.82	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.35	0.75	+2.60

Drawdowns

QQHG vs. SCEP - Drawdown Comparison

The maximum QQHG drawdown since its inception was -6.18%, smaller than the maximum SCEP drawdown of -7.25%. Use the drawdown chart below to compare losses from any high point for QQHG and SCEP.

Drawdown Indicators

	QQHG	SCEP	Difference
Max Drawdown Largest peak-to-trough decline	-6.18%	-7.25%	+1.07%
Max Drawdown (1Y) Largest decline over 1 year	-6.18%	—	—
Current Drawdown Current decline from peak	-0.26%	-0.16%	-0.10%
Average Drawdown Average peak-to-trough decline	-0.97%	-1.59%	+0.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.55%	—	—

Volatility

Volatility by Period

	QQHG	SCEP	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.12%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.66%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.47%	9.87%	-0.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.53%	9.87%	-0.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.53%	9.87%	-0.34%

QQHG vs. SCEP - Expense Ratio Comparison

QQHG has a 0.45% expense ratio, which is lower than SCEP's 0.65% expense ratio.

Dividends

QQHG vs. SCEP - Dividend Comparison

QQHG's dividend yield for the trailing twelve months is around 0.20%, less than SCEP's 3.24% yield.

Position	TTM	2025
QQHG Invesco QQQ Hedged Advantage ETF	0.20%	0.17%
SCEP Sterling Capital Hedged Equity Premium Income ETF	3.24%	0.38%

Frequently Asked Questions

Can I hold both QQHG and SCEP in my portfolio?

QQHG and SCEP have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QQHG or SCEP?

On fees, QQHG is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QQHG or SCEP?

QQHG is cheaper with a 0.45% expense ratio, compared with 0.65% for SCEP.

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

SCEP has the higher dividend yield at 3.24%, compared with 0.20% for QQHG.

What is the main difference between QQHG and SCEP?

They also come from different issuers: Invesco and Sterling Capital. Their fees differ too: 0.45% for QQHG and 0.65% for SCEP.