Data as of .
PCOV vs XISE: which paid, and which earned it?
PCOV and XISE both write options for income.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| PCOV | XISE | PCOV | XISE | PCOV | XISE | |
| 3 months | not published | +1.2% | not published | 2.0% | not published | −1.1 pts |
| 6 months | not published | +4.9% | not published | 3.6% | not published | −13.2 pts |
| 1 year | not published | +6.1% | not published | 6.5% | not published | −10.5 pts |
| 3 years | not published | +20.9% | not published | 19.1% | not published | −57.5 pts |
| Since launch | −3.7% | +21.1% | 0.0% | 19.2% | −3.0 pts | −57.0 pts |
| PCOV Principal Equity Premium Income ETF Covered call on SPY | XISE FT Vest U.S. Equity Buffer & Premium Income ETF - September Buffer with income on SPY, paying monthly | |
|---|---|---|
| Issuer | Principal | First Trust |
| Strategy | covered call | buffer with income |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | not established | monthly |
| Payout rate, annualized | not published | 6.0% |
| Expense ratio | 0.34% | 0.85% |
| Cash paid, 1 year | 0.0% (since launch on Aug 19, 2026) | 6.5% |
| Price change, 1 year | −3.7% | −0.6% |
| Total return, 1 year | −3.7% (since launch on Aug 19, 2026) | +6.1% |
| Benchmark return, 1 year | −0.7% | +16.6% |
| Ahead or behind | −3.0 pts | −10.5 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 30 days | 1096 days |
| Net assets | not published | $32m |
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.
XISE in plain words
Over the year to Sep 18, 2026, XISE paid 6.5% of its starting value in cash distributions while its price fell 0.6%. With every distribution reinvested, the fund returned +6.1%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 10.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 6.0%, paid monthly.
Questions people ask
- Which is cheaper, PCOV or XISE?
- PCOV charges 0.34% a year and XISE 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.
Cite this page. ETFIQ, PCOV against XISE, data as of Sep 18, 2026. https://etfiq.com/compare/income/pcov-vs-xise Free to use with attribution; the underlying files are at Open data.