Data as of Nov 4, 2026.

vsOpen in the appCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Income ETFs

BIGY vs TCAL: Dividend Yield & Total Return

Share
Share on XDownload as PDF

Over the year to Nov 4, 2026, BIGY paid 13.1% of its price in cash against TCAL’s 11.4%, though TCAL returned more with it reinvested.

askIQ about this page

askIQ about BIGY and TCAL

Net assets on Nov 3, 2026: $31m for YieldMax Target 12 Big 50 Option Income ETF and $324m for T. Rowe Price Capital Appreciation Premium Income ETF.

At a glance
13.1%
BIGY cash paid, 1 year
11.4%
TCAL cash paid, 1 year
+7.4%
BIGY total return, 1 year
+11.2%
TCAL total return, 1 year
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.
TCAL · 1 year to Nov 4, 2026 3.4 pts behind its own stocks
TCAL
+11.2%
Own
+14.6%

3.4 pts behind its own stocks

TCAL over 1 year: paid 11.4%, price −1.2%, total +11.2%, its own stocks +14.6%, −3.4 pts. Data to Nov 4, 2026.

its own stocks

+14.6%

TCAL

+11.2%

11.4% of it arrived as cash

3.4 pts behind its own stocks

Total return, distributions reinvested

3.4 pts behind its own stocks

TCAL over 1 year: paid 11.4%, price −1.2%, total +11.2%, its own stocks +14.6%, −3.4 pts. Data to Nov 4, 2026.

its own stocks

+14.6%

TCAL

+11.2%

11.4% as cash

11.4% of it arrived as cash. Both charts share one scale, with zero at the line. TCAL over 1 year: paid 11.4%, price −1.2%, total +11.2%, its own stocks +14.6%, −3.4 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

TCAL costs 0.75 points a year less; their one-year returns differ by 3.8 points; TCAL is 10.5 times larger.

Points (pts) are percentage points.

BIGY vs TCAL: Dividend Yield & Total Return
MeasureBIGYTCAL
Paid and earned
Total return, 1 year+7.4%+11.2%
Price change, 1 yearfell 6.1%fell 1.2%
Return of capital, issuer estimate29% of the Nov 5, 2026 payment
Against its benchmark
BenchmarkS&P 500, measured through SPYits own stocks
Cost and size
Expense ratio1.09%0.34%
Net assets, as of Nov 3, 2026$31m$324m
Holdings
Holdings in common18%
ETFIQ Distribution Coverage Score · TCAL scores higher How much of what it paid out did its total return cover?
IQ Income Score38BIGY54.8TCAL

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

0.3, the lowest in this set 99.7, the highest

One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

Method

What they share

18%

By the books each fund has filed, BIGY and TCAL hold 18% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 4, 2026.

0 half 100%

half

18% in common

Positions both hold · largest shared weight first BIGY TCAL
Visa Inc 1.92% 1.71%
Amazon.com Inc 6.70% 1.55%
Microsoft Corp 9.51% 1.51%
Mastercard Inc 1.39% 1.51%
Costco Wholesale Corp 1.09% 1.21%
Advanced Micro Devices Inc 1.86% 1.05%
Meta Platforms Inc 3.69% 1.02%
Broadcom Inc 3.57% 0.96%
Cisco Systems Inc 0.95% 1.15%
Procter & Gamble Co 0.91% 0.97%
Coca-Cola Co 0.97% 0.91%
Johnson & Johnson 1.59% 0.87%
Only in one fund ↓
Only in BIGY
Apple Inc 9.15%
NVIDIA Corp 7.62%
Alphabet Inc 7.37%
Space Exploration Technologies Corp 4.31%
Tesla Inc 3.63%
Eli Lilly & Co 3.14%
Berkshire Hathaway Inc 2.92%
JPMORGAN CHASE & CO. 2.22%
Only in TCAL
DANAHER CORP 2.02%
WATERS CORP 1.99%
VERALTO CORP 1.89%
WASTE CONNECTIONS INC 1.82%
YUM BRANDS INC 1.73%
MCDONALD S CORP 1.71%
LINDE PLC 1.65%
LOCKHEED MARTIN CORP 1.61%
Check overlap with more funds →

Side by side

BIGY YieldMax Target 12 Big 50 Option Income ETF · Synthetic covered call on SPY, paying monthly TCAL T. Rowe Price Capital Appreciation Premium Income ETF · Covered call on its own stocks, paying monthly
Strategy synthetic covered call covered call
Benchmark S&P 500 (SPY) TCAL's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jun 30, 2026)
Pays monthly monthly
Payout rate, annualized 11.9% 13.0%
Expense ratio 1.09% 0.34%
Cash paid, 1 year 13.1% 11.4%
Price change, 1 year −6.1% −1.2%
Total return, 1 year +7.4% +11.2%
Benchmark return, 1 year +14.8% +14.6%
Ahead or behind −7.4 pts −3.4 pts
Return of capital, latest estimate 29% not published
Age 2.0 years 1.6 years
Net assets, as of Nov 3, 2026 $31m $324m

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 TCAL: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowBIGYTCALBIGYTCALBIGYTCAL
3 months−1.2%+5.3%3.0%2.6%−1.1 pts−1.8 pts
6 months+2.1%+12.3%6.4%6.3%−2.9 pts−0.9 pts
1 year+7.4%+11.2%13.1%11.4%−7.4 pts−3.5 pts
Since launchNot the same days: BIGY Nov 2024 · TCAL Mar 2025+26.8%+12.0%23.9%16.9%−5.3 ptsnot measured

Open this comparison in the app →

Alert

BIGY and TCAL flows, by email on Sundays.

One-click unsubscribe. See Privacy.

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.

TCAL

Over the year to Nov 4, 2026, TCAL paid 11.4% of its starting value in cash distributions while its price fell 1.2%. With every distribution reinvested, the fund returned +11.2%. TCAL's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jun 30, 2026) returned +14.6% over the same days, so a holder was behind by 3.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 13.0%, paid monthly.

Questions people ask

Which paid more, BIGY or TCAL?
Over the year to Nov 4, 2026, BIGY paid 13.1% 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 +7.4% and TCAL +11.2% over the year to Nov 4, 2026.
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 to next
Sources and dates

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

How this is computed

It is a place in a set, not a rating or a recommendation.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

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

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.