SCEP vs. SCEC

Last updated Jun 23, 2026

SCEP (Sterling Capital Hedged Equity Premium Income ETF) and SCEC (Sterling Capital Enhanced Core Bond ETF) are both exchange-traded funds - SCEP is a Equity Hedged fund actively managed by Sterling Capital, while SCEC is a Intermediate Core-Plus Bond fund actively managed by Sterling Capital. Both are actively managed. At a 0.40 correlation, their price movements are largely independent. SCEP charges 0.65%/yr vs 0.39%/yr for SCEC.

Performance

SCEP vs. SCEC - Performance Comparison

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

Returns By Period

In the year-to-date period, SCEP achieves a 3.70% return, which is significantly higher than SCEC's 0.34% return.

SCEP

• 1D: -0.40%
• 1M: 0.35%
• YTD: 3.70%
• 6M: 3.72%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SCEC

• 1D: -0.24%
• 1M: 0.51%
• YTD: 0.34%
• 6M: 0.51%
• 1Y: 4.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SCEP vs. SCEC - Yearly Performance Comparison

	2026 (YTD)	2025
SCEP Sterling Capital Hedged Equity Premium Income ETF	3.70%	-0.50%
SCEC Sterling Capital Enhanced Core Bond ETF	0.34%	0.39%

Correlation

The correlation between SCEP and SCEC is 0.40, 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 Dec 11, 2025	0.40

Return for Risk

SCEP vs. SCEC — Risk / Return Rank

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

SCEP

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

SCEC

SCEC Risk / Return Rank: 36
SCEC Sharpe Ratio Rank: 38
SCEC Sortino Ratio Rank: 39
SCEC Omega Ratio Rank: 37
SCEC Calmar Ratio Rank: 34
SCEC Martin Ratio Rank: 34

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.

SCEP vs. SCEC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sterling Capital Hedged Equity Premium Income ETF (SCEP) and Sterling Capital Enhanced Core Bond ETF (SCEC). 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.

	SCEP	SCEC	Difference
Sharpe ratio: Return per unit of total volatility	—	1.30	—
Sortino ratio: Return per unit of downside risk	—	1.95	—
Omega ratio: Gain probability vs. loss probability	—	1.24	—
Calmar ratio: Return relative to maximum drawdown	—	1.65	—
Martin ratio: Return relative to average drawdown	—	4.98	—

Drawdowns

SCEP vs. SCEC - Drawdown Comparison

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

Drawdown Indicators

	SCEP	SCEC	Difference
Max Drawdown Largest peak-to-trough decline	-7.25%	-2.98%	-4.27%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.80%	—
Current Drawdown Current decline from peak	-0.56%	-1.27%	+0.71%
Average Drawdown Average peak-to-trough decline	-1.54%	-0.81%	-0.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.93%	—

Volatility

Volatility by Period

	SCEP	SCEC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.90%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.70%	—
Volatility (1Y) Calculated over the trailing 1-year period	10.64%	3.55%	+7.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.64%	4.10%	+6.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.64%	4.10%	+6.54%

SCEP vs. SCEC - Expense Ratio Comparison

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

Dividends

SCEP vs. SCEC - Dividend Comparison

SCEP's dividend yield for the trailing twelve months is around 3.25%, less than SCEC's 4.85% yield.

Position	TTM	2025
SCEC Sterling Capital Enhanced Core Bond ETF	4.85%	3.58%
SCEP Sterling Capital Hedged Equity Premium Income ETF	3.25%	0.38%

Frequently Asked Questions

Can I hold both SCEP and SCEC in my portfolio?

SCEP and SCEC have a correlation of 0.40, 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 SCEC?

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, SCEP or SCEC?

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

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

SCEC has the higher dividend yield at 4.85%, compared with 3.25% for SCEP.

What is the main difference between SCEP and SCEC?

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