Data as of Nov 4, 2026.

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Income ETFs

IVVW vs RECI: Dividend Yield & Total Return

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IVVW and RECI both write options for income.

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Net assets: $349m on Nov 4, 2026 for iShares IVV Premium Income+ ETF, beside Columbia Research Enhanced Core Premium Income ETF.

At a glance
17.5%
IVVW cash paid, 1 year
1.5%
RECI cash paid, since launch, Jul 14, 2026
+14.8%
IVVW total return, 1 year
+3.7%
RECI total return, since launch, Jul 14, 2026
IVVW · 1 year to Nov 4, 2026 About even with SPY
IVVW
+14.8%
SPY
+14.8%

About even with SPY

IVVW over 1 year: paid 17.5%, price −4.1%, total +14.8%, SPY +14.8%, 0.0 pts. Data to Nov 4, 2026.

SPY

+14.8%

IVVW

+14.8%

17.5% of it arrived as cash

about even with SPY

Total return, distributions reinvested

About even with SPY

IVVW over 1 year: paid 17.5%, price −4.1%, total +14.8%, SPY +14.8%, 0.0 pts. Data to Nov 4, 2026.

SPY

+14.8%

IVVW

+14.8%

17.5% as cash

about even with SPY

17.5% of it arrived as cash. Total return, distributions reinvested. IVVW over 1 year: paid 17.5%, price −4.1%, total +14.8%, SPY +14.8%, 0.0 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.
RECI · since launch to Nov 4, 2026 Not measured
RECI
+3.7%
none

Not measured

RECI since launch: paid 1.5%, price +2.1%, total +3.7%, not measured against a benchmark. Data to Nov 4, 2026.

RECI

+3.7%

Total return, distributions reinvested

Not measured

RECI since launch: paid 1.5%, price +2.1%, total +3.7%, not measured against a benchmark. Data to Nov 4, 2026.

RECI

+3.7%

1.5% of it arrived as cash. Both charts share one scale, with zero at the line. RECI since launch: paid 1.5%, price +2.1%, total +3.7%, not measured against a benchmark. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

IVVW costs 0.05 points a year less.

Points (pts) are percentage points.

IVVW vs RECI: Dividend Yield & Total Return
MeasureIVVWRECI
Paid and earned
Total return, 1 year+14.8%not published
Price changefell 4.1% (1 year)rose 2.1% (since Jul 14, 2026)
Return of capital, issuer estimate49% of the Oct 7, 2026 payment78% of the Oct 5, 2026 payment
Against its benchmark
BenchmarkS&P 500, measured through SPYnot published
Cost and size
Expense ratio0.25%0.30%
Net assets$349mnot read by ETFIQ
Holdings
Holdings in commonnot published

Method

Side by side

IVVW iShares IVV Premium Income+ ETF · Covered call on SPY, paying monthly RECI Columbia Research Enhanced Core Premium Income ETF · Covered call, paying monthly
Strategy covered call covered call
Benchmark S&P 500 (SPY) none
Pays monthly monthly
Payout rate, annualized 15.7% 8.0%
Expense ratio 0.25% 0.30%
Cash paid, 1 year 17.5% 1.5% (since launch, Jul 14, 2026)
Price change, 1 year −4.1% +2.1% (since launch, Jul 14, 2026)
Total return, 1 year +14.8% +3.7% (since launch, Jul 14, 2026)
Benchmark return, 1 year +14.8% not published
Ahead or behind 0.0 pts not available
Return of capital, latest estimate 49% 78%
Age 2.6 years 113 days
Net assets $349m not read by ETFIQ

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

Window by window: IVVW vs RECI: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowIVVWRECIIVVWRECIIVVWRECI
3 months+2.0%+3.5%3.9%1.5%+2.2 ptsnot measured
6 months+8.0%–7.8%–+3.0 pts–
1 year+14.8%–17.5%–0.0 pts–
Since launchNot the same days: IVVW Mar 2024 · RECI Jul 2026+40.5%+3.7%42.6%1.5%−14.4 ptsnot measured

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About each fund
IVVW

Over the year to Nov 4, 2026, IVVW paid 17.5% of its starting value in cash distributions while its price fell 4.1%. With every distribution reinvested, the fund returned +14.8%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 15.7%, paid monthly. iShares estimates that 49% of the distribution paid Oct 7, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

RECI

Over the period from its first trade on Jul 14, 2026 to Nov 4, 2026, RECI paid 1.5% of its starting value in cash distributions while its price rose 2.1%. With every distribution reinvested, the fund returned +3.7%. At its price on Nov 4, 2026 the latest distribution annualizes to 8.0%, paid monthly. Columbia estimates that 78% of the distribution paid Oct 5, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which is cheaper, IVVW or RECI?
IVVW charges 0.25% a year and RECI charges 0.30%, so IVVW is cheaper. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, IVVW against RECI, data as of Nov 4, 2026. https://etfiq.com/compare/income/ivvw-vs-reci

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.