Data as of .
CDPI vs PCOV: which paid, and which earned it?
CDPI and PCOV both write options for income.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| CDPI | PCOV | CDPI | PCOV | CDPI | PCOV | |
| Since launch | +0.5% | −3.7% | 0.7% | 0.0% | −4.1 pts | −3.0 pts |
| CDPI Columbia High Dividend Premium Income ETF Covered call on SCHD | PCOV Principal Equity Premium Income ETF Covered call on SPY | |
|---|---|---|
| Issuer | Columbia | Principal |
| Strategy | covered call | covered call |
| Benchmark | US dividend stocks (SCHD), used as the dividend proxy | S&P 500 (SPY) |
| Pays | not established | not established |
| Payout rate, annualized | 8.2% | not published |
| Expense ratio | 0.45% | 0.34% |
| Cash paid, 1 year | 0.7% (since launch on Jul 14, 2026) | 0.0% (since launch on Aug 19, 2026) |
| Price change, 1 year | −0.2% | −3.7% |
| Total return, 1 year | +0.5% (since launch on Jul 14, 2026) | −3.7% (since launch on Aug 19, 2026) |
| Benchmark return, 1 year | +4.6% | −0.7% |
| Ahead or behind | −4.1 pts | −3.0 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 66 days | 30 days |
| Net assets | not published | not published |
CDPI in plain words
Over the period since launch on Jul 14, 2026 to Sep 18, 2026, CDPI paid 0.7% of its starting value in cash distributions while its price fell 0.2%. With every distribution reinvested, the fund returned +0.5%. US dividend stocks (SCHD), used as the dividend proxy returned +4.6% over the same days, so a holder was behind by 4.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.2%, paid periodically.
PCOV in plain words
Over the period since launch on Aug 19, 2026 to Sep 18, 2026, PCOV paid 0.0% of its starting value in cash distributions while its price fell 3.7%. With every distribution reinvested, the fund returned −3.7%. S&P 500 (SPY) returned −0.7% over the same days, so a holder was behind by 3.0 pts.
Questions people ask
- Which is cheaper, CDPI or PCOV?
- CDPI charges 0.45% a year and PCOV charges 0.34%, so PCOV 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.
Cite this page. ETFIQ, CDPI against PCOV, data as of Sep 18, 2026. https://etfiq.com/compare/income/cdpi-vs-pcov Free to use with attribution; the underlying files are at Open data.