Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

PCOV vs RECI: which paid, and which earned it?

PCOV and RECI both write options for income.

Principal Equity Premium Income ETF and Columbia Research Enhanced Core Premium Income ETF.

0.0%PCOV cash paid, 1 year
0.7%RECI cash paid, 1 year
−3.7%PCOV total return, 1 year
+2.4%RECI total return, 1 year
PCOV3 pts behind SPY · since launch to Sep 18, 2026
SPY−0.7%PCOV−3.7%3 pts behind SPYTotal return, distributions reinvestedSPY−0.7%PCOV−3.7%3 pts behind SPY
RECI0.8 pts ahead of SPY · since launch to Sep 18, 2026
SPY+1.6%RECI+2.4%0.8 pts ahead of SPYTotal return, distributions reinvestedSPY+1.6%RECI+2.4%0.8 pts ahead of SPY

Performance, window by window

PCOV and RECI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
PCOVRECIPCOVRECIPCOVRECI
Since launch−3.7%+2.4%0.0%0.7%−3.0 pts+0.8 pts
Open the live comparison on ETFIQ
PCOV and RECI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
PCOV
Principal Equity Premium Income ETF
Covered call on SPY
RECI
Columbia Research Enhanced Core Premium Income ETF
Covered call on SPY
IssuerPrincipalColumbia
Strategycovered callcovered call
BenchmarkS&P 500 (SPY)S&P 500 (SPY)
Paysnot establishednot established
Payout rate, annualizednot published8.0%
Expense ratio0.34%0.30%
Cash paid, 1 year0.0% (since launch on Aug 19, 2026)0.7% (since launch on Jul 14, 2026)
Price change, 1 year−3.7%+1.7%
Total return, 1 year−3.7% (since launch on Aug 19, 2026)+2.4% (since launch on Jul 14, 2026)
Benchmark return, 1 year−0.7%+1.6%
Ahead or behind−3.0 pts+0.8 pts
Return of capital, latest estimatenot publishednot published
Age30 days66 days
Net assetsnot publishednot published

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.

RECI in plain words

Over the period since launch on Jul 14, 2026 to Sep 18, 2026, RECI paid 0.7% of its starting value in cash distributions while its price rose 1.7%. With every distribution reinvested, the fund returned +2.4%. S&P 500 (SPY) returned +1.6% over the same days, so a holder was ahead by 0.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.0%, paid periodically.

Questions people ask

Which is cheaper, PCOV or RECI?
PCOV charges 0.34% a year and RECI charges 0.30%, so RECI 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.

PCOV against RECI, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, PCOV against RECI, data as of Sep 18, 2026. https://etfiq.com/compare/income/pcov-vs-reci Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources