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ETFIQetfiq.com · independent ETF data

Data as of .

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

PCOV and SDVD both write options for income.

Principal Equity Premium Income ETF and FT Vest SMID Rising Dividend Achievers Target Income ETF.

0.0%PCOV cash paid, 1 year
9.2%SDVD cash paid, 1 year
−3.7%PCOV total return, 1 year
+10.8%SDVD 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
SDVD16.4 pts behind SCHD · 1 year to Sep 18, 2026
SCHD+27.2%SDVD+10.8%9.2% as cash16.4 pts behind SCHDTotal return, distributions reinvestedSCHD+27.2%SDVD+10.8%16.4 pts behind SCHD

Performance, window by window

PCOV and SDVD over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
PCOVSDVDPCOVSDVDPCOVSDVD
3 monthsnot published−0.1%not published2.1%not published−6.7 pts
6 monthsnot published+8.3%not published4.4%not published−4.3 pts
1 yearnot published+10.8%not published9.2%not published−16.4 pts
3 yearsnot published+53.0%not published30.7%not published−0.7 pts
Since launch−3.7%+47.6%0.0%29.7%−3.0 pts−4.1 pts
Open the live comparison on ETFIQ
PCOV and SDVD on the same fields, as of Sep 18, 2026. Source: ETFIQ.
PCOV
Principal Equity Premium Income ETF
Covered call on SPY
SDVD
FT Vest SMID Rising Dividend Achievers Target Income ETF
Dividend stocks with call overlay on SCHD, paying monthly
IssuerPrincipalFirst Trust
Strategycovered calldividend stocks with call overlay
BenchmarkS&P 500 (SPY)US dividend stocks (SCHD), used as the dividend proxy
Paysnot establishedmonthly
Payout rate, annualizednot published8.8%
Expense ratio0.34%0.85%
Cash paid, 1 year0.0% (since launch on Aug 19, 2026)9.2%
Price change, 1 year−3.7%+1.2%
Total return, 1 year−3.7% (since launch on Aug 19, 2026)+10.8%
Benchmark return, 1 year−0.7%+27.2%
Ahead or behind−3.0 pts−16.4 pts
Return of capital, latest estimatenot publishednot published
Age30 days1135 days
Net assetsnot published$888m

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.

SDVD in plain words

Over the year to Sep 18, 2026, SDVD paid 9.2% of its starting value in cash distributions while its price rose 1.2%. With every distribution reinvested, the fund returned +10.8%. US dividend stocks (SCHD), used as the dividend proxy returned +27.2% over the same days, so a holder was behind by 16.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.8%, paid monthly.

Questions people ask

Which is cheaper, PCOV or SDVD?
PCOV charges 0.34% a year and SDVD charges 0.85%, 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.

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

How every figure is computed · Standards and sources