Data as of .
DIVO vs TCAL: which paid, and which earned it?
Over the year TCAL paid 11.4% of its price in cash against DIVO’s 6.8%, though DIVO returned more with it reinvested.
ETFIQ Return Stability Score: DIVO scores higher
Was the payout funded by returns, or by your own capital?
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
What they hold in common
By the books each fund has filed, DIVO and TCAL hold 7% of their money in the same securities at the same weight.
| Holding | DIVO | TCAL |
|---|---|---|
| Microsoft Corp | 5.97% | 1.50% |
| Coca-Cola Co/The | 1.95% | 0.90% |
| Duke Energy Corp | 1.81% | 0.86% |
| RTX Corp | 3.20% | 0.86% |
| Walmart Inc | 1.96% | 0.77% |
| JPMORGAN CHASE & CO. | 4.90% | 0.66% |
| CME Group Inc | 3.14% | 0.60% |
| UnitedHealth Group Inc | 0.97% | 0.50% |
| Merck & Co Inc | 3.51% | 0.39% |
| Only in DIVO | Only in TCAL |
|---|---|
| Apple Inc 5.49% | DANAHER CORP 2.01% |
| Caterpillar Inc 5.34% | WATERS CORP 1.97% |
| Visa Inc 5.15% | VERALTO CORP 1.87% |
| Invesco Government & Agency Portfolio 12/31/2031 5.02% | WASTE CONNECTIONS INC 1.80% |
| Goldman Sachs Group Inc/The 4.76% | YUM BRANDS INC 1.72% |
| Amgen Inc 4.74% | MCDONALD S CORP 1.70% |
| Chevron Corp 4.67% | VISA INC-CLASS A SHARES 1.69% |
| State Street Consumer Discretionary Select Sector SPDR ETF 4.53% | LINDE PLC 1.63% |
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
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| DIVO | TCAL | DIVO | TCAL | DIVO | TCAL | |
| 3 months | +4.5% | +4.2% | 1.2% | 3.5% | +2.3 pts | +1.9 pts |
| 6 months | +9.4% | +5.3% | 2.5% | 6.3% | −8.6 pts | −12.7 pts |
| 1 year | +14.6% | +3.0% | 6.8% | 11.4% | −2.0 pts | −13.5 pts |
| 3 years | +56.1% | not published | 19.1% | not published | −22.3 pts | not published |
| Since launch | +218.8% | +3.9% | 72.4% | 15.2% | −76.3 pts | −32.7 pts |
| DIVO Amplify CWP Enhanced Dividend Income ETF Dividend stocks with call overlay on SPY, paying monthly | TCAL T. Rowe Price Capital Appreciation Premium Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Amplify | T. Rowe Price |
| Strategy | dividend stocks with call overlay | covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 4.9% | 9.4% |
| Expense ratio | 0.56% | 0.34% |
| Cash paid, 1 year | 6.8% | 11.4% |
| Price change, 1 year | +7.3% | −8.6% |
| Total return, 1 year | +14.6% | +3.0% |
| Benchmark return, 1 year | +16.6% | +16.6% |
| Ahead or behind | −2.0 pts | −13.5 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 3565 days | 540 days |
| Net assets | $7.8bn | $276m |
DIVO in plain words
Over the year to Sep 18, 2026, DIVO paid 6.8% of its starting value in cash distributions while its price rose 7.3%. With every distribution reinvested, the fund returned +14.6%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 2.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 4.9%, paid monthly.
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, DIVO or TCAL?
- Over the year to Sep 18, 2026, DIVO paid 6.8% of its starting price in cash and TCAL paid 11.4%, so TCAL paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, DIVO or TCAL?
- With every distribution reinvested, DIVO returned +14.6% and TCAL returned +3.0% over the year to Sep 18, 2026, so DIVO returned more.
- Which is cheaper, DIVO or TCAL?
- DIVO charges 0.56% 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.
Cite this page. ETFIQ, DIVO against TCAL, data as of Sep 18, 2026. https://etfiq.com/compare/income/divo-vs-tcal Free to use with attribution; the underlying files are at Open data.