Data as of .
PCOV vs QDTE: which paid, and which earned it?
PCOV and QDTE both write options for income.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| PCOV | QDTE | PCOV | QDTE | PCOV | QDTE | |
| 3 months | not published | −0.9% | not published | 7.6% | not published | +1.6 pts |
| 6 months | not published | +19.7% | not published | 16.2% | not published | −4.5 pts |
| 1 year | not published | +21.1% | not published | 36.1% | not published | −0.7 pts |
| Since launch | −3.7% | +59.9% | 0.0% | 74.1% | −3.0 pts | −4.3 pts |
| PCOV Principal Equity Premium Income ETF Covered call on SPY | QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF 0DTE covered call on QQQ, paying weekly | |
|---|---|---|
| Issuer | Principal | Roundhill |
| Strategy | covered call | 0DTE covered call |
| Benchmark | S&P 500 (SPY) | Nasdaq-100 (QQQ) |
| Pays | not established | weekly |
| Payout rate, annualized | not published | 20.8% |
| Expense ratio | 0.34% | 0.96% |
| Cash paid, 1 year | 0.0% (since launch on Aug 19, 2026) | 36.1% |
| Price change, 1 year | −3.7% | −19.2% |
| Total return, 1 year | −3.7% (since launch on Aug 19, 2026) | +21.1% |
| Benchmark return, 1 year | −0.7% | +21.8% |
| Ahead or behind | −3.0 pts | −0.7 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 30 days | 925 days |
| Net assets | not published | $967m |
PCOV in plain words
Over the period since launch on Aug 19, 2026 to Sep 18, 2026, PCOV paid 0.0% of its starting value in cash distributions while its price fell 3.7%. With every distribution reinvested, the fund returned −3.7%. S&P 500 (SPY) returned −0.7% over the same days, so a holder was behind by 3.0 pts.
QDTE in plain words
Over the year to Sep 18, 2026, QDTE paid 36.1% of its starting value in cash distributions while its price fell 19.2%. With every distribution reinvested, the fund returned +21.1%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 0.7 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 20.8%, paid weekly.
Questions people ask
- Which is cheaper, PCOV or QDTE?
- PCOV charges 0.34% a year and QDTE charges 0.96%, so PCOV 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, PCOV against QDTE, data as of Sep 18, 2026. https://etfiq.com/compare/income/pcov-vs-qdte Free to use with attribution; the underlying files are at Open data.