Which is cheaper, PCOV or XIMR?

PCOV charges 0.34% a year and XIMR charges 0.85%, so PCOV is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

PCOV vs XIMR: Dividend Yield & Total Return

PCOV and XIMR both write options for income.

askIQ about this page

Net assets: $10m on Nov 2, 2026 for Principal Equity Premium Income ETF, and $26m on Nov 3, 2026 for FT Vest U.S. Equity Buffer & Premium Income ETF - March.

PCOV on its own →XIMR on its own →

At a glance

1.9%

PCOV cash paid, since launch, Aug 19, 2026

7.0%

XIMR cash paid, 1 year

−0.1%

PCOV total return, since launch, Aug 19, 2026

+7.9%

XIMR total return, 1 year

PCOV · since launch to Nov 4, 2026 Not measured

PCOV

−0.1%

none

Not measured

PCOV since launch: paid 1.9%, price −2.0%, total −0.1%, not measured against a benchmark. Data to Nov 4, 2026.

PCOV

−0.1%

Total return, distributions reinvested

Not measured

PCOV since launch: paid 1.9%, price −2.0%, total −0.1%, not measured against a benchmark. Data to Nov 4, 2026.

PCOV

−0.1%

1.9% of it arrived as cash. Total return, distributions reinvested. PCOV since launch: paid 1.9%, price −2.0%, total −0.1%, not measured against a benchmark. Data to Nov 4, 2026.

Data to Nov 4, 2026.

XIMR · 1 year to Nov 4, 2026 6.9 pts behind VOO

XIMR

+7.9%

VOO

+14.8%

6.9 pts behind VOO

XIMR over 1 year: paid 7.0%, price +0.7%, total +7.9%, VOO +14.8%, −6.9 pts. Data to Nov 4, 2026.

VOO

+14.8%

XIMR

+7.9%

7.0% of it arrived as cash

6.9 pts behind VOO

Total return, distributions reinvested

6.9 pts behind VOO

XIMR over 1 year: paid 7.0%, price +0.7%, total +7.9%, VOO +14.8%, −6.9 pts. Data to Nov 4, 2026.

VOO

+14.8%

XIMR

+7.9%

6.9 pts behind VOO

7.0% of it arrived as cash. Both charts share one scale, with zero at the line. XIMR over 1 year: paid 7.0%, price +0.7%, total +7.9%, VOO +14.8%, −6.9 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

PCOV costs 0.51 points a year less; XIMR is 2.6 times larger.

Points (pts) are percentage points.

PCOV vs XIMR: Dividend Yield & Total Return
Measure	PCOV	XIMR
Paid and earned
Measure	PCOV	XIMR
Total return, 1 year	not published	+7.9%
Price change	fell 2.0% (since Aug 19, 2026)	rose 0.7% (1 year)
Against its benchmark
Measure	PCOV	XIMR
Benchmark	not published	Vanguard S&P 500 ETF, measured through VOO
Cost and size
Measure	PCOV	XIMR
Expense ratio	0.34%	0.85%
Net assets, as of Nov 3, 2026	$10m	$26m
Holdings
Measure	PCOV	XIMR
Holdings in common	not published

Method

Side by side

PCOV Principal Equity Premium Income ETF · Covered call XIMR FT Vest U.S. Equity Buffer & Premium Income ETF - March · Buffer with income on VOO, paying monthly

Issuer Principal First Trust

Strategy covered call buffer with income

Benchmark none Vanguard S&P 500 ETF (VOO)

Pays not established monthly

Payout rate, annualized 7.2% 7.4%

Expense ratio 0.34% 0.85%

Cash paid, 1 year 1.9% (since launch, Aug 19, 2026) 7.0%

Price change, 1 year −2.0% (since launch, Aug 19, 2026) +0.7%

Total return, 1 year −0.1% (since launch, Aug 19, 2026) +7.9%

Benchmark return, 1 year not published +14.8%

Ahead or behind not available −6.9 pts

Return of capital, latest estimate not published 60%

Age 77 days 2.6 years

Net assets, PCOV as of Nov 2, 2026 and XIMR as of Nov 3, 2026 $10m $26m

As of Nov 4, 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: PCOV vs XIMR: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	PCOV	XIMR	PCOV	XIMR	PCOV	XIMR
3 months	–	+1.3%	–	1.8%	–	+1.4 pts
6 months	–	+2.8%	–	3.7%	–	−2.2 pts
1 year	–	+7.9%	–	7.0%	–	−6.9 pts
Since launchNot the same days: PCOV Aug 2026 · XIMR Mar 2024	−0.1%	+20.0%	1.9%	17.4%	not measured	−33.3 pts

– means no data for this window. Open this comparison in the app →

Alert

About each fund

PCOV

Over the period from its first trade on Aug 19, 2026 to Nov 4, 2026, PCOV paid 1.9% of its starting value in cash distributions while its price fell 2.0%. With every distribution reinvested, the fund returned −0.1%. At its price on Nov 4, 2026 the latest distribution annualizes to 7.2%, paid periodically.

XIMR

Over the year to Nov 4, 2026, XIMR paid 7.0% of its starting value in cash distributions while its price rose 0.7%. With every distribution reinvested, the fund returned +7.9%. Vanguard S&P 500 ETF (VOO) returned +14.8% over the same days, so a holder was behind by 6.9 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 7.4%, paid monthly. First Trust estimates that 60% of the distribution paid Nov 3, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

Questions people ask

Which is cheaper, PCOV or XIMR?: PCOV charges 0.34% a year and XIMR charges 0.85%, so PCOV is cheaper. Fees come from each fund's prospectus.

Other comparisons

PCOV vs XIJN PCOV vs XIDE PCOV vs LJAN PCOV vs LOCT XIMR vs XSHP XIMR vs YQQQ XIMR vs XVSP XIMR vs SIOO

Where to next

Vanguard S&P 500 ETF (VOO) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →PCOV on its own →XIMR on its own →PCOV dividend history →XIMR dividend history →XIMR holdings →Method →Standards and sources →

Sources and dates

PCOV filings on SEC EDGAR ↗

PCOV prospectus with the expense ratio (SEC) ↗

Principal website ↗

XIMR filings on SEC EDGAR ↗

XIMR prospectus with the expense ratio (SEC) ↗

XIMR 19a-1 distribution notice ↗

First Trust page for XIMR ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, PCOV against XIMR, data as of Nov 4, 2026. https://etfiq.com/compare/income/pcov-vs-ximr

Open data →

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