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Data as of .

FTHI vs TCAL: which paid, and which earned it?

Over the year TCAL paid 11.4% of its price in cash against FTHI’s 8.9%, though FTHI returned more with it reinvested.

First Trust BuyWrite Income ETF and T. Rowe Price Capital Appreciation Premium Income ETF.

8.9%FTHI cash paid, 1 year
11.4%TCAL cash paid, 1 year
+9.7%FTHI total return, 1 year
+3.0%TCAL total return, 1 year

ETFIQ Return Stability Score: FTHI scores higher

Was the payout funded by returns, or by your own capital?

FTHI 50.8TCAL 21.93.8, the lowest in this set96.8, the highest

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

FTHI6.9 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%FTHI+9.7%8.9% of it arrived as cash6.9 pts behind SPYTotal return, distributions reinvestedSPY+16.6%FTHI+9.7%8.9% cash6.9 pts behind SPY
TCAL13.5 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%TCAL+3.0%11.4% as cash13.5 pts behind SPYTotal return, distributions reinvestedSPY+16.6%TCAL+3.0%13.5 pts behind SPY

What they hold in common

By the books each fund has filed, FTHI and TCAL hold 11% of their money in the same securities at the same weight.

Positions FTHI and TCAL both hold, largest shared weight first
HoldingFTHITCAL
Amazon.com, Inc.2.53%1.53%
Gilead Sciences, Inc.1.27%1.48%
Cisco Systems, Inc.1.26%1.14%
Linde Plc1.11%1.63%
Meta Platforms, Inc. (Class A)1.31%1.01%
Broadcom Inc.2.01%0.95%
Johnson & Johnson1.11%0.86%
JPMorgan Chase & Co.2.67%0.66%
Walmart Inc.0.65%0.77%
US Foods Holding Corp.0.39%1.20%
Merck & Co., Inc.0.40%0.39%
Netflix, Inc.0.38%0.95%
Only in each
Only in FTHIOnly in TCAL
Apple Inc. 7.75%DANAHER CORP 2.01%
NVIDIA Corporation 6.90%WATERS CORP 1.97%
US Dollar 5.90%VERALTO CORP 1.87%
Microsoft Corporation 2.94%WASTE CONNECTIONS INC 1.80%
Dell Technologies Inc. (Class C) 2.52%MCDONALD S CORP 1.70%
Alphabet Inc. (Class A) 2.41%VISA INC-CLASS A SHARES 1.69%
Bank of America Corporation 2.22%LOCKHEED MARTIN CORP 1.60%
ASML Holding N.V. (New York Registry Shares) 2.17%NORTHROP GRUMMAN CORP 1.56%

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 18, 2026.

Performance, window by window

FTHI and TCAL over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
FTHITCALFTHITCALFTHITCAL
3 months+1.7%+4.2%2.2%3.5%−0.6 pts+1.9 pts
6 months+9.8%+5.3%4.6%6.3%−8.2 pts−12.7 pts
1 year+9.7%+3.0%8.9%11.4%−6.9 pts−13.5 pts
3 years+47.9%not published28.9%not published−30.5 ptsnot published
Since launch+156.3%+3.9%82.6%15.2%−257.8 pts−32.7 pts
Open the live comparison on ETFIQ
FTHI and TCAL on the same fields, as of Sep 18, 2026. Source: ETFIQ.
FTHI
First Trust BuyWrite Income ETF
Covered call on SPY, paying monthly
TCAL
T. Rowe Price Capital Appreciation Premium Income ETF
Covered call on SPY, paying monthly
IssuerFirst TrustT. Rowe Price
Strategycovered callcovered call
BenchmarkS&P 500 (SPY), used as a default proxyS&P 500 (SPY), used as a default proxy
Paysmonthlymonthly
Payout rate, annualized9.0%9.4%
Expense ratio0.75%0.34%
Cash paid, 1 year8.9%11.4%
Price change, 1 year+0.3%−8.6%
Total return, 1 year+9.7%+3.0%
Benchmark return, 1 year+16.6%+16.6%
Ahead or behind−6.9 pts−13.5 pts
Return of capital, latest estimatenot publishednot published
Age4637 days540 days
Net assets$2.5bn$276m

FTHI in plain words

Over the year to Sep 18, 2026, FTHI paid 8.9% of its starting value in cash distributions while its price rose 0.3%. With every distribution reinvested, the fund returned +9.7%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 6.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.0%, 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, FTHI or TCAL?
Over the year to Sep 18, 2026, FTHI paid 8.9% 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, FTHI or TCAL?
With every distribution reinvested, FTHI returned +9.7% and TCAL returned +3.0% over the year to Sep 18, 2026, so FTHI returned more.
Which is cheaper, FTHI or TCAL?
FTHI charges 0.75% 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.

FTHI against TCAL, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, FTHI against TCAL, data as of Sep 18, 2026. https://etfiq.com/compare/income/fthi-vs-tcal Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources