Data as of Nov 4, 2026.
IQQQ vs PCOV: Dividend Yield & Total Return
IQQQ and PCOV both write options for income.
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Net assets: $380m on Nov 4, 2026 for ProShares Nasdaq-100 High Income ETF, and $10m on Nov 2, 2026 for Principal Equity Premium Income ETF.
4.9 pts behind QQQ
IQQQ over 1 year: paid 6.8%, price +0.5%, total +7.4%, QQQ +12.3%, −4.9 pts. Data to Nov 4, 2026.
QQQ
+12.3%
IQQQ
+7.4%
6.8% of it arrived as cash
4.9 pts behind QQQ
Total return, distributions reinvested
4.9 pts behind QQQ
IQQQ over 1 year: paid 6.8%, price +0.5%, total +7.4%, QQQ +12.3%, −4.9 pts. Data to Nov 4, 2026.
QQQ
+12.3%
IQQQ
+7.4%
6.8% cash
4.9 pts behind QQQ
6.8% of it arrived as cash. Total return, distributions reinvested. IQQQ over 1 year: paid 6.8%, price +0.5%, total +7.4%, QQQ +12.3%, −4.9 pts. 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 0.21 points a year less; IQQQ is far larger, $376m against $10m.
Points (pts) are percentage points.
| Measure | IQQQ | PCOV |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +7.4% | not published |
| Price change | rose 0.5% (1 year) | fell 2.0% (since Aug 19, 2026) |
| Against its benchmark | ||
| Benchmark | Nasdaq-100, measured through QQQ | not published |
| Cost and size | ||
| Expense ratio | 0.55% | 0.34% |
| Net assets, as of Nov 3, 2026 | $376m | $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 | IQQQ | PCOV | IQQQ | PCOV | IQQQ | PCOV |
| 3 months | −4.4% | – | 1.5% | – | −0.9 pts | – |
| 6 months | −2.6% | – | 3.4% | – | −2.3 pts | – |
| 1 year | +7.4% | – | 6.8% | – | −4.9 pts | – |
| Since launchNot the same days: IQQQ Mar 2024 · PCOV Aug 2026 | +44.2% | −0.1% | 25.6% | 1.9% | −13.8 pts | not measured |
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IQQQ
Over the year to Nov 4, 2026, IQQQ paid 6.8% of its starting value in cash distributions while its price rose 0.5%. With every distribution reinvested, the fund returned +7.4%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was behind by 4.9 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 6.1%, paid monthly. ProShares estimates that 93% of the distribution paid Nov 6, 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, IQQQ against PCOV, data as of Nov 4, 2026. https://etfiq.com/compare/income/iqqq-vs-pcov
ETFIQ. (Nov 4, 2026). IQQQ against PCOV. Retrieved from https://etfiq.com/compare/income/iqqq-vs-pcov
[IQQQ against PCOV (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/iqqq-vs-pcov)
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