PCOV vs VAIE: Dividend Yield & Total Return
PCOV and VAIE both write options for income. Net assets on Oct 19, 2026: $10m for Principal Equity Premium Income ETF and $67m for VegaShares US Equity Autocallable Income ETF.
PCOV costs 0.40 points a year less; VAIE is 6.6 times larger.
| PCOV | VAIE | |
|---|---|---|
| Expense ratio | 0.34% | 0.74% |
| Net assets, as of Oct 19, 2026 | $10m | $67m |
| Holdings in common | not published | |
| Price change | fell 3.2% (since Aug 19, 2026) | fell 3.6% (since May 12, 2026) |
Not measured
PCOV since launch: paid 1.3%, price −3.2%, total −2.0%, not measured against a benchmark. Figures to Oct 20, 2026.
PCOV
−2.0%
Total return, distributions reinvested
Not measured
PCOV since launch: paid 1.3%, price −3.2%, total −2.0%, not measured against a benchmark. Figures to Oct 20, 2026.
PCOV
−2.0%
1.3% of it arrived as cash. Total return, distributions reinvested. PCOV since launch: paid 1.3%, price −3.2%, total −2.0%, not measured against a benchmark. Figures to Oct 20, 2026.
Figures to Oct 20, 2026.
Not measured
VAIE since launch: paid 6.8%, price −3.6%, total +3.3%, not measured against a benchmark. Figures to Oct 20, 2026.
VAIE
+3.3%
6.8% of it arrived as cash
Total return, distributions reinvested
Not measured
VAIE since launch: paid 6.8%, price −3.6%, total +3.3%, not measured against a benchmark. Figures to Oct 20, 2026.
VAIE
+3.3%
6.8% cash
6.8% of it arrived as cash. Both charts share one scale, with zero at the line. VAIE since launch: paid 6.8%, price −3.6%, total +3.3%, not measured against a benchmark. Figures to Oct 20, 2026.
Figures to Oct 20, 2026.
Performance, window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | PCOV | VAIE | PCOV | VAIE | PCOV | VAIE |
| 3 months | – | +2.5% | – | 4.1% | – | not measured |
| Since launch Not the same days: PCOV Aug 2026 · VAIE May 2026 | −2.0% | +3.3% | 1.3% | 6.8% | not measured | not measured |
Source: ETFIQ. – means no data for this window, usually because the fund is younger than it. Open this comparison in the app →
On the same fields
As of Oct 20, 2026. Source: ETFIQ. Cash paid is what the fund distributed over the window, as a share of its price at the start. Payout rate is its latest payment, annualized, over today’s price.
About PCOV
Over the period from its first trade on Aug 19, 2026 to Oct 20, 2026, PCOV paid 1.3% of its starting value in cash distributions while its price fell 3.2%. With every distribution reinvested, the fund returned −2.0%. At its price on Oct 20, 2026 the latest distribution annualizes to 15.7%, paid periodically.
About VAIE
Over the period from its first trade on May 12, 2026 to Oct 20, 2026, VAIE paid 6.8% of its starting value in cash distributions while its price fell 3.6%. With every distribution reinvested, the fund returned +3.3%. At its price on Oct 20, 2026 the latest distribution annualizes to 16.8%, paid weekly.
Questions people ask
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How this is computed
Every figure is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, PCOV against VAIE, data as of Oct 20, 2026. https://etfiq.com/compare/income/pcov-vs-vaie
ETFIQ. (Oct 20, 2026). PCOV against VAIE. Retrieved from https://etfiq.com/compare/income/pcov-vs-vaie
[PCOV against VAIE (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/income/pcov-vs-vaie)
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