Data as of Nov 4, 2026.
CAIQ vs TCAL: Dividend Yield & Total Return
CAIQ and TCAL both write options for income.
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Net assets: $286m on Jul 31, 2026 for Calamos Nasdaq Autocallable Income ETF, and $324m on Nov 3, 2026 for T. Rowe Price Capital Appreciation Premium Income ETF.
5.7 pts behind QQQ
CAIQ since launch: paid 16.8%, price −4.1%, total +13.0%, QQQ +18.7%, −5.7 pts. Data to Nov 4, 2026.
QQQ
+18.7%
CAIQ
+13.0%
16.8% of it arrived as cash
5.7 pts behind QQQ
Total return, distributions reinvested
5.7 pts behind QQQ
CAIQ since launch: paid 16.8%, price −4.1%, total +13.0%, QQQ +18.7%, −5.7 pts. Data to Nov 4, 2026.
QQQ
+18.7%
CAIQ
+13.0%
16.8% as cash
5.7 pts behind QQQ
16.8% of it arrived as cash. Total return, distributions reinvested. CAIQ since launch: paid 16.8%, price −4.1%, total +13.0%, QQQ +18.7%, −5.7 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.3.4 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% cash
3.4 pts behind its own stocks
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 0.40 points a year less.
Points (pts) are percentage points.
| Measure | CAIQ | TCAL |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | not published | +11.2% |
| Price change | fell 4.1% (since Nov 20, 2025) | fell 1.2% (1 year) |
| Return of capital, issuer estimate | 100% of the Nov 9, 2026 payment | |
| Against its benchmark | ||
| Benchmark | Nasdaq-100, measured through QQQ | its own stocks |
| Cost and size | ||
| Expense ratio | 0.74% | 0.34% |
| Net assets, CAIQ as of Jul 31, 2026 and TCAL as of Nov 3, 2026 | $286m | $324m |
| Holdings | ||
| Holdings in common | 0% | |
What they share
By the books each fund has filed, CAIQ and TCAL hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.
half
0% in common
Only in one fund ↓
Side by side
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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | CAIQ | TCAL | CAIQ | TCAL | CAIQ | TCAL |
| 3 months | −2.9% | +5.3% | 4.5% | 2.6% | +0.6 pts | −1.8 pts |
| 6 months | −1.9% | +12.3% | 8.6% | 6.3% | −1.6 pts | −0.9 pts |
| 1 year | – | +11.2% | – | 11.4% | – | −3.5 pts |
| Since launchNot the same days: CAIQ Nov 2025 · TCAL Mar 2025 | +13.0% | +12.0% | 16.8% | 16.9% | −5.7 pts | not measured |
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CAIQ
Over the period from its first trade on Nov 20, 2025 to Nov 4, 2026, CAIQ paid 16.8% of its starting value in cash distributions while its price fell 4.1%. With every distribution reinvested, the fund returned +13.0%. Nasdaq-100 (QQQ) returned +18.7% over the same days, so a holder was behind by 5.7 pts. At its price on Nov 4, 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.
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
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How this is computed
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, CAIQ against TCAL, data as of Nov 4, 2026. https://etfiq.com/compare/income/caiq-vs-tcal
ETFIQ. (Nov 4, 2026). CAIQ against TCAL. Retrieved from https://etfiq.com/compare/income/caiq-vs-tcal
[CAIQ against TCAL (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/caiq-vs-tcal)
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