Data as of .
KYLD vs TCAL: which paid, and which earned it?
KYLD and TCAL both write options for income.
What they hold in common
By the books each fund has filed, KYLD and TCAL hold 2% of their money in the same securities at the same weight.
| Holding | KYLD | TCAL |
|---|---|---|
| Advanced Micro Devices Inc | 6.21% | 1.04% |
| Broadcom Inc | 5.17% | 0.95% |
| Only in KYLD | Only in TCAL |
|---|---|
| TREASURY BILL 12.96% | DANAHER CORP 2.01% |
| TREASURY BILL 11.01% | WATERS CORP 1.97% |
| Global X Silver Miners ETF 7.09% | VERALTO CORP 1.87% |
| VanEck Gold Miners ETF/USA 6.38% | WASTE CONNECTIONS INC 1.80% |
| Intel Corp 6.19% | YUM BRANDS INC 1.72% |
| Howmet Aerospace Inc 5.97% | MCDONALD S CORP 1.70% |
| Teradyne Inc 5.77% | VISA INC-CLASS A SHARES 1.69% |
| BWX Technologies Inc 5.38% | LINDE PLC 1.63% |
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 May 31, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| KYLD | TCAL | KYLD | TCAL | KYLD | TCAL | |
| 3 months | −6.3% | +4.2% | 5.6% | 3.5% | −8.5 pts | +1.9 pts |
| 6 months | +24.4% | +5.3% | 14.1% | 6.3% | +6.4 pts | −12.7 pts |
| 1 year | not published | +3.0% | not published | 11.4% | not published | −13.5 pts |
| Since launch | +2.0% | +3.9% | 20.9% | 15.2% | −10.9 pts | −32.7 pts |
| KYLD Kurv High Income ETF Option income on SPY, paying weekly | TCAL T. Rowe Price Capital Appreciation Premium Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Kurv | T. Rowe Price |
| Strategy | option income | covered call |
| Benchmark | S&P 500 (SPY), used as a default proxy | S&P 500 (SPY), used as a default proxy |
| Pays | weekly | monthly |
| Payout rate, annualized | 25.6% | 9.4% |
| Expense ratio | 1.00% | 0.34% |
| Cash paid, 1 year | 20.9% (since launch on Oct 31, 2025) | 11.4% |
| Price change, 1 year | −20.5% | −8.6% |
| Total return, 1 year | +2.0% (since launch on Oct 31, 2025) | +3.0% |
| Benchmark return, 1 year | +12.9% | +16.6% |
| Ahead or behind | −10.9 pts | −13.5 pts |
| Return of capital, latest estimate | 100% | not published |
| Age | 322 days | 540 days |
| Net assets | $49m | $276m |
KYLD in plain words
Over the period since launch on Oct 31, 2025 to Sep 18, 2026, KYLD paid 20.9% of its starting value in cash distributions while its price fell 20.5%. With every distribution reinvested, the fund returned +2.0%. S&P 500 (SPY), used as a default proxy returned +12.9% over the same days, so a holder was behind by 10.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 25.6%, paid weekly. Kurv estimates that 100% of the distribution paid Sep 3, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
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, KYLD or TCAL?
- KYLD charges 1.00% 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, KYLD against TCAL, data as of Sep 18, 2026. https://etfiq.com/compare/income/kyld-vs-tcal Free to use with attribution; the underlying files are at Open data.