SCEC vs. SCMC

Last updated Jun 24, 2026

SCEC (Sterling Capital Enhanced Core Bond ETF) and SCMC (Sterling Capital Multi-Strategy Income ETF) are both exchange-traded funds - SCEC is a Intermediate Core-Plus Bond fund actively managed by Sterling Capital, while SCMC is a Multisector Bonds fund actively managed by Sterling Capital. Both are actively managed. A 0.70 correlation means they provide meaningful diversification when combined. SCEC charges 0.39%/yr vs 0.55%/yr for SCMC.

Performance

SCEC vs. SCMC - 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 Multi-Strategy Income ETF (SCMC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCEC achieves a 0.24% return, which is significantly lower than SCMC's 2.10% return.

SCEC

• 1D: -0.10%
• 1M: 0.41%
• YTD: 0.24%
• 6M: 0.45%
• 1Y: 4.14%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SCMC

• 1D: 0.04%
• 1M: 0.53%
• YTD: 2.10%
• 6M: 2.25%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SCEC vs. SCMC - Yearly Performance Comparison

	2026 (YTD)	2025
SCEC Sterling Capital Enhanced Core Bond ETF	0.24%	0.39%
SCMC Sterling Capital Multi-Strategy Income ETF	2.10%	0.11%

Correlation

The correlation between SCEC and SCMC is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 11, 2025	0.70

Return for Risk

SCEC vs. SCMC — Risk / Return Rank

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

SCEC

SCEC Risk / Return Rank: 34
SCEC Sharpe Ratio Rank: 35
SCEC Sortino Ratio Rank: 36
SCEC Omega Ratio Rank: 34
SCEC Calmar Ratio Rank: 32
SCEC Martin Ratio Rank: 33

SCMC

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

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.

SCEC vs. SCMC - 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 Multi-Strategy Income ETF (SCMC). 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	SCMC	Difference
Sharpe ratio: Return per unit of total volatility	1.18	—	—
Sortino ratio: Return per unit of downside risk	1.76	—	—
Omega ratio: Gain probability vs. loss probability	1.21	—	—
Calmar ratio: Return relative to maximum drawdown	1.49	—	—
Martin ratio: Return relative to average drawdown	4.46	—	—

Drawdowns

SCEC vs. SCMC - Drawdown Comparison

The maximum SCEC drawdown since its inception was -2.98%, which is greater than SCMC's maximum drawdown of -1.91%. Use the drawdown chart below to compare losses from any high point for SCEC and SCMC.

Drawdown Indicators

	SCEC	SCMC	Difference
Max Drawdown Largest peak-to-trough decline	-2.98%	-1.91%	-1.07%
Max Drawdown (1Y) Largest decline over 1 year	-2.80%	—	—
Current Drawdown Current decline from peak	-1.37%	-0.08%	-1.29%
Average Drawdown Average peak-to-trough decline	-0.81%	-0.35%	-0.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.93%	—	—

Volatility

Volatility by Period

	SCEC	SCMC	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.91%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.69%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.55%	2.89%	+0.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.09%	2.89%	+1.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.09%	2.89%	+1.20%

SCEC vs. SCMC - Expense Ratio Comparison

SCEC has a 0.39% expense ratio, which is lower than SCMC's 0.55% expense ratio.

Dividends

SCEC vs. SCMC - Dividend Comparison

SCEC's dividend yield for the trailing twelve months is around 4.85%, more than SCMC's 2.16% yield.

Position	TTM	2025
SCEC Sterling Capital Enhanced Core Bond ETF	4.85%	3.58%
SCMC Sterling Capital Multi-Strategy Income ETF	2.16%	0.29%

Frequently Asked Questions

Can I hold both SCEC and SCMC in my portfolio?

SCEC and SCMC have a correlation of 0.70, 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 SCMC?

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 SCMC?

SCEC is cheaper with a 0.39% expense ratio, compared with 0.55% for SCMC.

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

SCEC has the higher dividend yield at 4.85%, compared with 2.16% for SCMC.

What is the main difference between SCEC and SCMC?

SCEC is categorized as Intermediate Core-Plus Bond, while SCMC is Multisector Bonds. Their fees differ too: 0.39% for SCEC and 0.55% for SCMC.