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Data as of .

BIGY vs TCAL: which paid, and which earned it?

Over the year BIGY paid 12.5% of its price in cash against TCAL’s 11.4%, and returned more with it reinvested.

YieldMax(R) Target 12(TM) Big 50 Option Income ETF and T. Rowe Price Capital Appreciation Premium Income ETF.

12.5%BIGY cash paid, 1 year
11.4%TCAL cash paid, 1 year
+13.0%BIGY total return, 1 year
+3.0%TCAL total return, 1 year

ETFIQ Return Stability Score: BIGY scores higher

Was the payout funded by returns, or by your own capital?

BIGY 52.6TCAL 21.93.8, the lowest in this set96.8, the highest

A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

BIGY3.6 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%BIGY+13.0%12.5% of it arrived as cash3.6 pts behind SPYTotal return, distributions reinvestedSPY+16.6%BIGY+13.0%12.5% as cash3.6 pts behind SPY
TCAL13.5 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%TCAL+3.0%11.4% as cash13.5 pts behind SPYTotal return, distributions reinvestedSPY+16.6%TCAL+3.0%13.5 pts behind SPY

What they hold in common

By the books each fund has filed, BIGY and TCAL hold 17% of their money in the same securities at the same weight.

Positions BIGY and TCAL both hold, largest shared weight first
HoldingBIGYTCAL
Amazon.com Inc4.95%1.53%
Microsoft Corp3.84%1.50%
Costco Wholesale Corp1.74%1.20%
Cisco Systems Inc1.32%1.14%
Thermo Fisher Scientific Inc0.96%1.49%
Procter & Gamble Co/The1.82%0.96%
Broadcom Inc3.04%0.95%
Netflix Inc1.59%0.95%
Coca-Cola Co/The1.13%0.90%
Abbott Laboratories0.88%1.08%
Johnson & Johnson2.25%0.86%
Danaher Corp0.83%2.01%
Only in each
Only in BIGYOnly in TCAL
Apple Inc 7.21%WATERS CORP 1.97%
NVIDIA Corp 6.66%VERALTO CORP 1.87%
Alphabet Inc 4.84%WASTE CONNECTIONS INC 1.80%
Advanced Micro Devices Inc 4.19%YUM BRANDS INC 1.72%
Meta Platforms Inc 3.70%VISA INC-CLASS A SHARES 1.69%
Texas Instruments Inc 2.54%LINDE PLC 1.63%
Caterpillar Inc 2.35%LOCKHEED MARTIN CORP 1.60%
Tesla Inc 2.35%NORTHROP GRUMMAN CORP 1.56%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 21, 2026.

Performance, window by window

BIGY and TCAL over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
BIGYTCALBIGYTCALBIGYTCAL
3 months+2.6%+4.2%3.0%3.5%+0.3 pts+1.9 pts
6 months+15.0%+5.3%6.9%6.3%−3.0 pts−12.7 pts
1 year+13.0%+3.0%12.5%11.4%−3.6 pts−13.5 pts
Since launch+28.9%+3.9%21.8%15.2%−2.4 pts−32.7 pts
Open the live comparison on ETFIQ
BIGY and TCAL on the same fields, as of Sep 18, 2026. Source: ETFIQ.
BIGY
YieldMax(R) Target 12(TM) Big 50 Option Income ETF
Synthetic covered call on SPY, paying monthly
TCAL
T. Rowe Price Capital Appreciation Premium Income ETF
Covered call on SPY, paying monthly
IssuerYieldMaxT. Rowe Price
Strategysynthetic covered callcovered call
BenchmarkS&P 500 (SPY), used as a default proxyS&P 500 (SPY), used as a default proxy
Paysmonthlymonthly
Payout rate, annualized12.1%9.4%
Expense ratio1.09%0.34%
Cash paid, 1 year12.5%11.4%
Price change, 1 year−0.3%−8.6%
Total return, 1 year+13.0%+3.0%
Benchmark return, 1 year+16.6%+16.6%
Ahead or behind−3.6 pts−13.5 pts
Return of capital, latest estimate0%not published
Age666 days540 days
Net assets$33m$276m

BIGY in plain words

Over the year to Sep 18, 2026, BIGY paid 12.5% of its starting value in cash distributions while its price fell 0.3%. With every distribution reinvested, the fund returned +13.0%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 3.6 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 12.1%, paid monthly. YieldMax estimates that 0% of the distribution paid Sep 3, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

TCAL in plain words

Over the year to Sep 18, 2026, TCAL paid 11.4% of its starting value in cash distributions while its price fell 8.6%. With every distribution reinvested, the fund returned +3.0%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 13.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.4%, paid monthly.

Questions people ask

Which paid more, BIGY or TCAL?
Over the year to Sep 18, 2026, BIGY paid 12.5% of its starting price in cash and TCAL paid 11.4%, so BIGY paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, BIGY or TCAL?
With every distribution reinvested, BIGY returned +13.0% and TCAL returned +3.0% over the year to Sep 18, 2026, so BIGY returned more.
Which is cheaper, BIGY or TCAL?
BIGY charges 1.09% a year and TCAL charges 0.34%, so TCAL is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

BIGY against TCAL, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, BIGY against TCAL, data as of Sep 18, 2026. https://etfiq.com/compare/income/bigy-vs-tcal Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources