Data as of .
KIQQ vs TCAL: which paid, and which earned it?
KIQQ and TCAL both write options for income.
What they hold in common
By the books each fund has filed, KIQQ and TCAL hold 15% of their money in the same securities at the same weight.
| Holding | KIQQ | TCAL |
|---|---|---|
| AMAZON.COM INC | 4.50% | 1.53% |
| MICROSOFT CORP | 6.17% | 1.50% |
| COSTCO WHOLESALE CORP | 1.82% | 1.20% |
| CISCO SYSTEMS INC | 2.00% | 1.14% |
| ADVANCED MICRO DEVICES | 4.21% | 1.04% |
| LINDE PLC | 0.97% | 1.63% |
| BROADCOM INC | 2.76% | 0.95% |
| NETFLIX INC | 1.39% | 0.95% |
| GILEAD SCIENCES INC | 0.85% | 1.48% |
| PEPSICO INC | 0.84% | 1.16% |
| WALMART INC | 2.37% | 0.77% |
| AUTOMATIC DATA PROCESSING | 0.52% | 0.75% |
| Only in KIQQ | Only in TCAL |
|---|---|
| +NDXDBHIO/-FED FUNDS 100.58% | DANAHER CORP 2.01% |
| NVIDIA CORP 8.90% | WATERS CORP 1.97% |
| APPLE INC 8.20% | VERALTO CORP 1.87% |
| MICRON TECHNOLOGY INC 5.14% | WASTE CONNECTIONS INC 1.80% |
| ALPHABET INC-CL A 3.40% | YUM BRANDS INC 1.72% |
| META PLATFORMS INC 3.31% | MCDONALD S CORP 1.70% |
| TESLA INC 3.19% | VISA INC-CLASS A SHARES 1.69% |
| ALPHABET INC-CL C 3.15% | 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 Jun 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| KIQQ | TCAL | KIQQ | TCAL | KIQQ | TCAL | |
| 3 months | −3.2% | +4.2% | 1.9% | 3.5% | −0.7 pts | +1.9 pts |
| 6 months | +11.9% | +5.3% | 4.5% | 6.3% | −12.3 pts | −12.7 pts |
| 1 year | not published | +3.0% | not published | 11.4% | not published | −13.5 pts |
| Since launch | +6.0% | +3.9% | 5.8% | 15.2% | −9.9 pts | −32.7 pts |
| KIQQ KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF Buffer with income on QQQ, paying monthly | TCAL T. Rowe Price Capital Appreciation Premium Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | KraneShares | T. Rowe Price |
| Strategy | buffer with income | covered call |
| Benchmark | Nasdaq-100 (QQQ) | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 6.3% | 9.4% |
| Expense ratio | 0.79% | 0.34% |
| Cash paid, 1 year | 5.8% (since launch on Jan 7, 2026) | 11.4% |
| Price change, 1 year | −0.1% | −8.6% |
| Total return, 1 year | +6.0% (since launch on Jan 7, 2026) | +3.0% |
| Benchmark return, 1 year | +15.9% | +16.6% |
| Ahead or behind | −9.9 pts | −13.5 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 254 days | 540 days |
| Net assets | $3m | $276m |
KIQQ in plain words
Over the period since launch on Jan 7, 2026 to Sep 18, 2026, KIQQ paid 5.8% of its starting value in cash distributions while its price fell 0.1%. With every distribution reinvested, the fund returned +6.0%. Nasdaq-100 (QQQ) returned +15.9% over the same days, so a holder was behind by 9.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 6.3%, 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, KIQQ or TCAL?
- KIQQ charges 0.79% 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, KIQQ against TCAL, data as of Sep 18, 2026. https://etfiq.com/compare/income/kiqq-vs-tcal Free to use with attribution; the underlying files are at Open data.