SCEC vs. SCEP

Last updated Aug 2, 2026

SCEC (Sterling Capital Enhanced Core Bond ETF) and SCEP (Sterling Capital Hedged Equity Premium Income ETF) are both exchange-traded funds - SCEC is a Intermediate Core-Plus Bond fund actively managed by Sterling Capital, while SCEP is a Equity Hedged fund actively managed by Sterling Capital. Both are actively managed. Their 0.35 correlation means their historical movements had little consistent relationship. SCEC charges 0.39%/yr vs 0.65%/yr for SCEP.

Performance

SCEC vs. SCEP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sterling Capital Enhanced Core Bond ETF (SCEC) 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, SCEC achieves a -0.83% return, which is significantly lower than SCEP's 3.88% return.

SCEC

• 1D: -0.22%
• 1M: -1.43%
• 6M: -0.91%
• YTD: -0.83%
• 1Y: 1.82%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 2.94%

SCEP

• 1D: 0.94%
• 1M: 0.57%
• 6M: 3.14%
• YTD: 3.88%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SCEC Sterling Capital Enhanced Core Bond ETF	$2.37M	$2.63M	$2.59M
SCEP Sterling Capital Hedged Equity Premium Income ETF	$435.18K	$557.85K	$770.88K

SCEC vs. SCEP - Yearly Performance Comparison

	2026 (YTD)	2025
SCEC Sterling Capital Enhanced Core Bond ETF	-0.83%	0.39%
SCEP Sterling Capital Hedged Equity Premium Income ETF	3.88%	-0.50%

Correlation

The correlation between SCEC and SCEP is 0.35, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 11, 2025	0.35

Return for Risk

SCEC vs. SCEP — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SCEC

SCEC Risk / Return Rank: 28
SCEC Sharpe Ratio Rank: 29
SCEC Sortino Ratio Rank: 28
SCEC Omega Ratio Rank: 27
SCEC Calmar Ratio Rank: 29
SCEC Martin Ratio Rank: 29

SCEP

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SCEC vs. SCEP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sterling Capital Enhanced Core Bond ETF (SCEC) 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.

	SCEC	SCEP	Difference
Sharpe ratio: Return per unit of total volatility	0.72	—	—
Sortino ratio: Return per unit of downside risk	1.07	—	—
Omega ratio: Gain probability vs. loss probability	1.13	—	—
Calmar ratio: Return relative to maximum drawdown	0.92	—	—
Martin ratio: Return relative to average drawdown	2.43	—	—

Drawdowns

SCEC vs. SCEP - Drawdown Comparison

The maximum SCEC drawdown since its inception was -2.98%, smaller than the maximum SCEP drawdown of -7.25%. Use the drawdown chart below to compare losses from any high point for SCEC and SCEP.

Drawdown Indicators

	SCEC	SCEP	Difference
Max Drawdown Largest peak-to-trough decline	-2.98%	-7.25%	+4.27%
Max Drawdown (1Y) Largest decline over 1 year	-2.80%	—	—
Current Drawdown Current decline from peak	-2.43%	-0.92%	-1.51%
Average Drawdown Average peak-to-trough decline	-0.87%	-1.47%	+0.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.06%	—	—

Volatility

Volatility by Period

	SCEC	SCEP	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.03%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.90%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.58%	10.77%	-7.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.08%	10.77%	-6.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.08%	10.77%	-6.69%

SCEC vs. SCEP - Expense Ratio Comparison

SCEC has a 0.39% expense ratio, which is lower than SCEP's 0.65% expense ratio.

Dividends

SCEC vs. SCEP - Dividend Comparison

SCEC's dividend yield for the trailing twelve months is around 4.95%, more than SCEP's 3.84% yield.

Position	TTM	2025
SCEC Sterling Capital Enhanced Core Bond ETF	4.56%	3.58%
SCEP Sterling Capital Hedged Equity Premium Income ETF	3.84%	0.38%

Frequently Asked Questions

Can I hold both SCEC and SCEP in my portfolio?

SCEC and SCEP have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SCEC or SCEP?

On fees, SCEC is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SCEC or SCEP?

SCEC is cheaper with a 0.39% expense ratio, compared with 0.65% for SCEP.

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

SCEC has the higher dividend yield at 4.56%, compared with 3.84% for SCEP.

What is the main difference between SCEC and SCEP?

SCEC is categorized as Intermediate Core-Plus Bond, while SCEP is Equity Hedged. Their fees differ too: 0.39% for SCEC and 0.65% for SCEP.