Data as of .
HEMI vs TCAL: which paid, and which earned it?
HEMI and TCAL both write options for income.
What they hold in common
By the books each fund has filed, HEMI and TCAL hold 21% of their money in the same securities at the same weight.
| Holding | HEMI | TCAL |
|---|---|---|
| Amazon.com Inc | 5.73% | 1.53% |
| Mastercard Inc | 2.04% | 1.50% |
| Microsoft Corp | 5.72% | 1.50% |
| Linde PLC | 1.11% | 1.63% |
| Advanced Micro Devices Inc | 1.89% | 1.04% |
| Gilead Sciences Inc | 1.02% | 1.48% |
| Intercontinental Exchange Inc | 1.28% | 1.01% |
| Meta Platforms Inc | 2.66% | 1.01% |
| Broadcom Inc | 4.02% | 0.95% |
| Chubb Ltd | 0.95% | 1.00% |
| Netflix Inc | 1.39% | 0.95% |
| L3Harris Technologies Inc | 0.97% | 0.89% |
| Only in HEMI | Only in TCAL |
|---|---|
| NVIDIA Corp 9.11% | DANAHER CORP 2.01% |
| Alphabet Inc 7.69% | WATERS CORP 1.97% |
| Apple Inc 5.86% | VERALTO CORP 1.87% |
| Eli Lilly & Co 2.13% | WASTE CONNECTIONS INC 1.80% |
| Goldman Sachs Group Inc/The 1.71% | YUM BRANDS INC 1.72% |
| KLA Corp 1.39% | MCDONALD S CORP 1.70% |
| Welltower Inc 1.26% | VISA INC-CLASS A SHARES 1.69% |
| AutoZone Inc 1.21% | LOCKHEED MARTIN CORP 1.60% |
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 Apr 30, 2026 and Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| HEMI | TCAL | HEMI | TCAL | HEMI | TCAL | |
| 3 months | +0.8% | +4.2% | 2.2% | 3.5% | −1.5 pts | +1.9 pts |
| 6 months | +13.6% | +5.3% | 4.9% | 6.3% | −4.5 pts | −12.7 pts |
| 1 year | not published | +3.0% | not published | 11.4% | not published | −13.5 pts |
| Since launch | +11.2% | +3.9% | 6.0% | 15.2% | −3.4 pts | −32.7 pts |
| HEMI Hartford Equity Premium Income ETF Covered call on SPY, paying monthly | TCAL T. Rowe Price Capital Appreciation Premium Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Hartford | T. Rowe Price |
| Strategy | covered call | covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 9.1% | 9.4% |
| Expense ratio | 0.49% | 0.34% |
| Cash paid, 1 year | 6.0% (since launch on Dec 17, 2025) | 11.4% |
| Price change, 1 year | +4.9% | −8.6% |
| Total return, 1 year | +11.2% (since launch on Dec 17, 2025) | +3.0% |
| Benchmark return, 1 year | +14.7% | +16.6% |
| Ahead or behind | −3.4 pts | −13.5 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 275 days | 540 days |
| Net assets | $33m | $276m |
HEMI in plain words
Over the period since launch on Dec 17, 2025 to Sep 18, 2026, HEMI paid 6.0% of its starting value in cash distributions while its price rose 4.9%. With every distribution reinvested, the fund returned +11.2%. S&P 500 (SPY) returned +14.7% over the same days, so a holder was behind by 3.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.1%, 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 is cheaper, HEMI or TCAL?
- HEMI charges 0.49% 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, HEMI against TCAL, data as of Sep 18, 2026. https://etfiq.com/compare/income/hemi-vs-tcal Free to use with attribution; the underlying files are at Open data.