Data as of Nov 4, 2026.
HEMI vs PCOV: Dividend Yield & Total Return
HEMI and PCOV both write options for income.
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Net assets: $35m on Jul 31, 2026 for Hartford Equity Premium Income ETF, and $10m on Nov 2, 2026 for Principal Equity Premium Income ETF.
Not measured
HEMI since launch: paid 7.6%, price +4.6%, total +12.6%, not measured against a benchmark. Data to Nov 4, 2026.
HEMI
+12.6%
7.6% of it arrived as cash
Total return, distributions reinvested
Not measured
HEMI since launch: paid 7.6%, price +4.6%, total +12.6%, not measured against a benchmark. Data to Nov 4, 2026.
HEMI
+12.6%
7.6% cash
7.6% of it arrived as cash. Total return, distributions reinvested. HEMI since launch: paid 7.6%, price +4.6%, total +12.6%, not measured against a benchmark. Data to Nov 4, 2026.
Data to Nov 4, 2026.Not measured
PCOV since launch: paid 1.9%, price −2.0%, total −0.1%, not measured against a benchmark. Data to Nov 4, 2026.
PCOV
−0.1%
Total return, distributions reinvested
Not measured
PCOV since launch: paid 1.9%, price −2.0%, total −0.1%, not measured against a benchmark. Data to Nov 4, 2026.
PCOV
−0.1%
1.9% of it arrived as cash. Both charts share one scale, with zero at the line. PCOV since launch: paid 1.9%, price −2.0%, total −0.1%, not measured against a benchmark. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
PCOV costs 0.15 points a year less.
Points (pts) are percentage points.
| Measure | HEMI | PCOV |
|---|---|---|
| Paid and earned | ||
| Price change | fell 0.4% (6 months) | fell 2.0% (since Aug 19, 2026) |
| Return of capital, issuer estimate | 99% of the Oct 29, 2026 payment | |
| Against its benchmark | ||
| Benchmark | its own stocks | not published |
| Cost and size | ||
| Expense ratio | 0.49% | 0.34% |
| Net assets, HEMI as of Jul 31, 2026 and PCOV as of Nov 2, 2026 | $35m | $10m |
| Holdings | ||
| Holdings in common | not published | |
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 | HEMI | PCOV | HEMI | PCOV | HEMI | PCOV |
| 3 months | +0.3% | – | 2.2% | – | 0.0 pts | – |
| 6 months | +4.0% | – | 4.4% | – | −0.4 pts | – |
| Since launchNot the same days: HEMI Dec 2025 · PCOV Aug 2026 | +12.6% | −0.1% | 7.6% | 1.9% | not measured | not measured |
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HEMI's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jul 31, 2026) returned +4.4% over the same days, so a holder was about even.
Over the 6 months to Nov 4, 2026, HEMI paid 4.4% of its starting value in cash distributions while its price fell 0.4%. With every distribution reinvested, the fund returned +4.0%. At its price on Nov 4, 2026 the latest distribution annualizes to 8.6%, paid monthly. Hartford estimates that 99% of the distribution paid Oct 29, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
PCOV
Over the period from its first trade on Aug 19, 2026 to Nov 4, 2026, PCOV paid 1.9% of its starting value in cash distributions while its price fell 2.0%. With every distribution reinvested, the fund returned −0.1%. At its price on Nov 4, 2026 the latest distribution annualizes to 7.2%, paid periodically.
Questions people ask
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How this is computed
Every number is an ETFIQ calculation with distributions reinvested.
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ETFIQ, HEMI against PCOV, data as of Nov 4, 2026. https://etfiq.com/compare/income/hemi-vs-pcov
ETFIQ. (Nov 4, 2026). HEMI against PCOV. Retrieved from https://etfiq.com/compare/income/hemi-vs-pcov
[HEMI against PCOV (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/hemi-vs-pcov)
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