Which is cheaper, BIGY or PCOV?

BIGY charges 1.09% a year and PCOV charges 0.34%, so PCOV is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

BIGY vs PCOV: Dividend Yield & Total Return

BIGY and PCOV both write options for income.

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Net assets: $31m on Nov 3, 2026 for YieldMax Target 12 Big 50 Option Income ETF, and $10m on Nov 2, 2026 for Principal Equity Premium Income ETF.

BIGY on its own →PCOV on its own →

At a glance

13.1%

BIGY cash paid, 1 year

1.9%

PCOV cash paid, since launch, Aug 19, 2026

+7.4%

BIGY total return, 1 year

−0.1%

PCOV total return, since launch, Aug 19, 2026

BIGY · 1 year to Nov 4, 2026 7.4 pts behind SPY

BIGY

+7.4%

SPY

+14.8%

7.4 pts behind SPY

BIGY over 1 year: paid 13.1%, price −6.1%, total +7.4%, SPY +14.8%, −7.4 pts. Data to Nov 4, 2026.

SPY

+14.8%

BIGY

+7.4%

13.1% of it arrived as cash

7.4 pts behind SPY

Total return, distributions reinvested

7.4 pts behind SPY

BIGY over 1 year: paid 13.1%, price −6.1%, total +7.4%, SPY +14.8%, −7.4 pts. Data to Nov 4, 2026.

SPY

+14.8%

BIGY

+7.4%

7.4 pts behind SPY

13.1% of it arrived as cash. Total return, distributions reinvested. BIGY over 1 year: paid 13.1%, price −6.1%, total +7.4%, SPY +14.8%, −7.4 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

PCOV · since launch to Nov 4, 2026 Not measured

PCOV

−0.1%

none

Not measured

PCOV since launch: paid 1.9%, price −2.0%, total −0.1%, not measured against a benchmark. Data to Nov 4, 2026.

PCOV

−0.1%

Total return, distributions reinvested

Not measured

PCOV since launch: paid 1.9%, price −2.0%, total −0.1%, not measured against a benchmark. Data to Nov 4, 2026.

PCOV

−0.1%

1.9% of it arrived as cash. Both charts share one scale, with zero at the line. PCOV since launch: paid 1.9%, price −2.0%, total −0.1%, not measured against a benchmark. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

PCOV costs 0.75 points a year less; BIGY is 3.1 times larger.

Points (pts) are percentage points.

BIGY vs PCOV: Dividend Yield & Total Return
Measure	BIGY	PCOV
Paid and earned
Measure	BIGY	PCOV
Total return, 1 year	+7.4%	not published
Price change	fell 6.1% (1 year)	fell 2.0% (since Aug 19, 2026)
Return of capital, issuer estimate	29% of the Nov 5, 2026 payment
Against its benchmark
Measure	BIGY	PCOV
Benchmark	S&P 500, measured through SPY	not published
Cost and size
Measure	BIGY	PCOV
Expense ratio	1.09%	0.34%
Net assets, as of Nov 3, 2026	$31m	$10m
Holdings
Measure	BIGY	PCOV
Holdings in common	not published

Method

Side by side

BIGY YieldMax Target 12 Big 50 Option Income ETF · Synthetic covered call on SPY, paying monthly PCOV Principal Equity Premium Income ETF · Covered call

Issuer YieldMax Principal

Strategy synthetic covered call covered call

Benchmark S&P 500 (SPY) none

Pays monthly not established

Payout rate, annualized 11.9% 7.2%

Expense ratio 1.09% 0.34%

Cash paid, 1 year 13.1% 1.9% (since launch, Aug 19, 2026)

Price change, 1 year −6.1% −2.0% (since launch, Aug 19, 2026)

Total return, 1 year +7.4% −0.1% (since launch, Aug 19, 2026)

Benchmark return, 1 year +14.8% not published

Ahead or behind −7.4 pts not available

Return of capital, latest estimate 29% not published

Age 2.0 years 77 days

Net assets, BIGY as of Nov 3, 2026 and PCOV as of Nov 2, 2026 $31m $10m

As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: BIGY vs PCOV: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	BIGY	PCOV	BIGY	PCOV	BIGY	PCOV
3 months	−1.2%	–	3.0%	–	−1.1 pts	–
6 months	+2.1%	–	6.4%	–	−2.9 pts	–
1 year	+7.4%	–	13.1%	–	−7.4 pts	–
Since launchNot the same days: BIGY Nov 2024 · PCOV Aug 2026	+26.8%	−0.1%	23.9%	1.9%	−5.3 pts	not measured

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Alert

About each fund

BIGY

Over the year to Nov 4, 2026, BIGY paid 13.1% of its starting value in cash distributions while its price fell 6.1%. With every distribution reinvested, the fund returned +7.4%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 7.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 11.9%, paid monthly. YieldMax estimates that 29% of the distribution paid Nov 5, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

PCOV

Over the period from its first trade on Aug 19, 2026 to Nov 4, 2026, PCOV paid 1.9% of its starting value in cash distributions while its price fell 2.0%. With every distribution reinvested, the fund returned −0.1%. At its price on Nov 4, 2026 the latest distribution annualizes to 7.2%, paid periodically.

Questions people ask

Which is cheaper, BIGY or PCOV?: BIGY charges 1.09% a year and PCOV charges 0.34%, so PCOV is cheaper. Fees come from each fund's prospectus.

Other comparisons

BIGY vs FDND BIGY vs XSHP BIGY vs DDDD BIGY vs DYLG PCOV vs SPIN PCOV vs OEI PCOV vs DRKY PCOV vs QUSA

Where to next

S&P 500 (SPY) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →BIGY on its own →PCOV on its own →BIGY dividend history →BIGY holdings →PCOV dividend history →Method →Standards and sources →

Sources and dates

BIGY filings on SEC EDGAR ↗

BIGY prospectus with the expense ratio (SEC) ↗

BIGY 19a-1 distribution notice ↗

YieldMax page for BIGY ↗

PCOV filings on SEC EDGAR ↗

PCOV prospectus with the expense ratio (SEC) ↗

Principal website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, BIGY against PCOV, data as of Nov 4, 2026. https://etfiq.com/compare/income/bigy-vs-pcov

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