Data as of Nov 12, 2026.

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MPIM vs TCAL: Dividend Yield & Total Return

Return, fees and overlap, side by side.

Return gap
+14.8 pts
3 months to Nov 12, 2026: TCAL ahead, total return
Fee gap
0.36 pts
A year: MPIM 0.70%, TCAL 0.34%, per filings dated Feb 25, 2026 and Aug 7, 2026
Overlap
–
No book read for both funds
Net flow
–
Needs daily flows for both funds

Pair scorecard

TCAL costs 0.36 points a year less.

Points (pts) are percentage points.

MPIM vs TCAL: Dividend Yield & Total Return
MeasureMPIMTCAL
Paid and earned
Total return, 1 yearnot published+10.3%
Price changefell 12.8% (since Aug 12, 2026)fell 2.0% (1 year)
Against its benchmark
Benchmarknot publishedits own stocks
Against its benchmark, same daysbehind by 2.0 pts
Cost and size
Expense ratio0.70%0.34%
Net assetsnot read by ETFIQ$331m
Holdings
Holdings in commonnot published

Method

Key numbers
3.0%
MPIM cash paid, since launch, Aug 12, 2026
11.3%
TCAL cash paid, 1 year
−10.0%
MPIM total return, since launch, Aug 12, 2026
+10.3%
TCAL total return, 1 year
MPIM · since launch to Nov 12, 2026 Not measured
MPIM
−10.0%
none

Not measured

MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.

MPIM

−10.0%

Total return, distributions reinvested

Not measured

MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.

MPIM

−10.0%

3.0% of it arrived as cash. Total return, distributions reinvested. MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.

Data to Nov 12, 2026.
TCAL · 1 year to Nov 12, 2026 2 pts behind its own stocks
TCAL
+10.3%
Own
+12.3%

2 pts behind its own stocks

TCAL over 1 year: paid 11.3%, price −2.0%, total +10.3%, its own stocks +12.3%, −2.0 pts. Data to Nov 12, 2026.

its own stocks

+12.3%

TCAL

+10.3%

11.3% of it arrived as cash

2 pts behind its own stocks

Total return, distributions reinvested

2 pts behind its own stocks

TCAL over 1 year: paid 11.3%, price −2.0%, total +10.3%, its own stocks +12.3%, −2.0 pts. Data to Nov 12, 2026.

its own stocks

+12.3%

TCAL

+10.3%

11.3% of it arrived as cash. Both charts share one scale, with zero at the line. TCAL over 1 year: paid 11.3%, price −2.0%, total +10.3%, its own stocks +12.3%, −2.0 pts. Data to Nov 12, 2026.

Data to Nov 12, 2026.

Side by side

MPIM m+ Income Momentum Autocall ETF · Autocallable TCAL T. Rowe Price Capital Appreciation Premium Income ETF · Covered call on its own stocks, paying monthly
Strategy autocallable covered call
Benchmark not set TCAL's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jun 30, 2026)
Pays not established monthly
Payout rate, annualized 17.0% 13.0%
Expense ratio 0.70% 0.34%
Cash paid, 1 year 3.0% (since launch, Aug 12, 2026) 11.3%
Price change, 1 year −12.8% (since launch, Aug 12, 2026) −2.0%
Total return, 1 year −10.0% (since launch, Aug 12, 2026) +10.3%
Benchmark return, 1 year not published +12.3%
Ahead or behind not available −2.0 pts
Return of capital, latest estimate not published not published
Age 92 days 1.6 years
Net assets not read by ETFIQ $331m

As of Nov 12, 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: MPIM vs TCAL: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowMPIMTCALMPIMTCALMPIMTCAL
3 months−10.6%+4.2%3.0%2.6%not measured−1.1 pts
6 months–+13.3%–6.4%–−0.1 pts
1 year–+10.3%–11.3%–−2.0 pts
Since launchNot the same days: MPIM Aug 2026 · TCAL Mar 2025−10.0%+12.2%3.0%16.9%not measurednot measured

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About each fund
MPIM

Over the period from its first trade on Aug 12, 2026 to Nov 12, 2026, MPIM paid 3.0% of its starting value in cash distributions while its price fell 12.8%. With every distribution reinvested, the fund returned −10.0%. At its price on Nov 12, 2026 the latest distribution annualizes to 17.0%, paid periodically.

TCAL

Over the year to Nov 12, 2026, TCAL paid 11.3% of its starting value in cash distributions while its price fell 2.0%. With every distribution reinvested, the fund returned +10.3%. TCAL's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jun 30, 2026) returned +12.3% over the same days, so a holder was behind by 2.0 pts. At its price on Nov 12, 2026 the latest distribution annualizes to 13.0%, paid monthly.

Questions people ask

Which is cheaper, MPIM or TCAL?
MPIM charges 0.70% a year and TCAL charges 0.34%, so TCAL is cheaper. Fees come from each fund's prospectus.
Other comparisons
Cite this pageCitation, APA and Markdown

ETFIQ, MPIM against TCAL, data as of Nov 12, 2026. https://etfiq.com/compare/income/mpim-vs-tcal

Open data →

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

MPIM and TCAL both write options for income.

Growth of 100

MPIM and TCAL

Total return, distributions reinvested, 3 months.

MPIM −10.6%TCAL +4.2%
Aug 13, 2026Nov 12, 2026

MPIM −10.6%, TCAL +4.2%: TCAL +14.8 pts ahead, 3 months, Aug 13, 2026 to Nov 12, 2026.