Data as of Nov 12, 2026.
CAIQ vs MPIM: Dividend Yield & Total Return
Return, fees and overlap, side by side.
Pair scorecard
MPIM costs 0.04 points a year less.
Points (pts) are percentage points.
| Measure | CAIQ | MPIM |
|---|---|---|
| Paid and earned | ||
| Price change | fell 4.3% (since Nov 20, 2025) | fell 12.8% (since Aug 12, 2026) |
| Return of capital, issuer estimate | 100% of the Nov 9, 2026 payment | |
| Against its benchmark | ||
| Benchmark | Nasdaq-100, measured through QQQ | not published |
| Cost and size | ||
| Expense ratio | 0.74% | 0.70% |
| Net assets | $286m | not read by ETFIQ |
| Holdings | ||
| Holdings in common | not published | |
5.3 pts behind QQQ
CAIQ since launch: paid 16.8%, price −4.3%, total +12.7%, QQQ +18.0%, −5.3 pts. Data to Nov 12, 2026.
QQQ
+18.0%
CAIQ
+12.7%
16.8% of it arrived as cash
5.3 pts behind QQQ
Total return, distributions reinvested
5.3 pts behind QQQ
CAIQ since launch: paid 16.8%, price −4.3%, total +12.7%, QQQ +18.0%, −5.3 pts. Data to Nov 12, 2026.
QQQ
+18.0%
CAIQ
+12.7%
5.3 pts behind QQQ
16.8% of it arrived as cash. Total return, distributions reinvested. CAIQ since launch: paid 16.8%, price −4.3%, total +12.7%, QQQ +18.0%, −5.3 pts. Data to Nov 12, 2026.
Data to Nov 12, 2026.Not measured
MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.
MPIM
−10.0%
Total return, distributions reinvested
Not measured
MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.
MPIM
−10.0%
3.0% of it arrived as cash. Both charts share one scale, with zero at the line. MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.
Data to Nov 12, 2026.Side by side
As of Nov 12, 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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | CAIQ | MPIM | CAIQ | MPIM | CAIQ | MPIM |
| 3 months | −4.4% | −10.6% | 4.4% | 3.0% | +1.5 pts | not measured |
| 6 months | −3.5% | – | 8.5% | – | +0.7 pts | – |
| Since launchNot the same days: CAIQ Nov 2025 · MPIM Aug 2026 | +12.7% | −10.0% | 16.8% | 3.0% | −5.3 pts | not measured |
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CAIQ
Over the period from its first trade on Nov 20, 2025 to Nov 12, 2026, CAIQ paid 16.8% of its starting value in cash distributions while its price fell 4.3%. With every distribution reinvested, the fund returned +12.7%. Nasdaq-100 (QQQ) returned +18.0% over the same days, so a holder was behind by 5.3 pts. At its price on Nov 12, 2026 the latest distribution annualizes to 19.6%, paid monthly. Calamos estimates that 100% of the distribution paid Nov 9, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
MPIM
Over the period from its first trade on Aug 12, 2026 to Nov 12, 2026, MPIM paid 3.0% of its starting value in cash distributions while its price fell 12.8%. With every distribution reinvested, the fund returned −10.0%. At its price on Nov 12, 2026 the latest distribution annualizes to 17.0%, paid periodically.
Questions people ask
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, CAIQ against MPIM, data as of Nov 12, 2026. https://etfiq.com/compare/income/caiq-vs-mpim
ETFIQ. (Nov 12, 2026). CAIQ against MPIM. Retrieved from https://etfiq.com/compare/income/caiq-vs-mpim
[CAIQ against MPIM (ETFIQ, Nov 12, 2026)](https://etfiq.com/compare/income/caiq-vs-mpim)
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CAIQ and MPIM both write options for income.
CAIQ and MPIM
Total return, distributions reinvested, 3 months.
CAIQ −4.4%, MPIM −10.6%: CAIQ +6.2 pts ahead, 3 months, Aug 13, 2026 to Nov 12, 2026.