SCEP vs. ONEH

Last updated Aug 1, 2026

SCEP (Sterling Capital Hedged Equity Premium Income ETF) and ONEH (TrueShares Equity Hedge ETF) are both Equity Hedged funds. Both are actively managed. Their 0.21 correlation means their historical movements had little consistent relationship. SCEP charges 0.65%/yr vs 0.79%/yr for ONEH.

Performance

SCEP vs. ONEH - Performance Comparison

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

Returns By Period

SCEP

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

ONEH

• 1D: 0.04%
• 1M: 0.20%
• 6M: -1.04%
• YTD: —
• 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)
ONEH TrueShares Equity Hedge ETF	$75.57K	$59.30K	$74.10K
SCEP Sterling Capital Hedged Equity Premium Income ETF	$435.18K	$557.85K	$770.88K

SCEP vs. ONEH - Yearly Performance Comparison

	2026 (YTD)
SCEP Sterling Capital Hedged Equity Premium Income ETF	2.78%
ONEH TrueShares Equity Hedge ETF	-1.24%

Correlation

The correlation between SCEP and ONEH is 0.21, which is low. Their historical price movements had little consistent relationship.

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

Return for Risk

SCEP vs. ONEH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sterling Capital Hedged Equity Premium Income ETF (SCEP) and TrueShares Equity Hedge ETF (ONEH). 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

SCEP vs. ONEH - Drawdown Comparison

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

Drawdown Indicators

	SCEP	ONEH	Difference
Max Drawdown Largest peak-to-trough decline	-7.25%	-3.55%	-3.70%
Current Drawdown Current decline from peak	-0.92%	-1.24%	+0.32%
Average Drawdown Average peak-to-trough decline	-1.47%	-1.50%	+0.03%

Volatility

Volatility by Period

	SCEP	ONEH	Difference
Volatility (1Y) Calculated over the trailing 1-year period	10.77%	5.04%	+5.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.77%	5.04%	+5.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.77%	5.04%	+5.73%

SCEP vs. ONEH - Expense Ratio Comparison

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

Dividends

SCEP vs. ONEH - Dividend Comparison

SCEP's dividend yield for the trailing twelve months is around 3.84%, while ONEH has not paid dividends to shareholders.

Position	TTM	2025
ONEH TrueShares Equity Hedge ETF	0.00%	0.00%
SCEP Sterling Capital Hedged Equity Premium Income ETF	3.84%	0.38%

Frequently Asked Questions

Can I hold both SCEP and ONEH in my portfolio?

SCEP and ONEH 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, SCEP or ONEH?

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, SCEP or ONEH?

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

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

SCEP has the higher dividend yield at 3.84%, compared with 0.00% for ONEH.

What is the main difference between SCEP and ONEH?

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