Data as of .
PCOV vs XVSP: which paid, and which earned it?
PCOV and XVSP both write options for income.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| PCOV | XVSP | PCOV | XVSP | PCOV | XVSP | |
| Since launch | −3.7% | +9.2% | 0.0% | 0.0% | −3.0 pts | +9.6 pts |
| PCOV Principal Equity Premium Income ETF Covered call on SPY | XVSP FT Vest SPCX & Target Income ETF Option income on SPY | |
|---|---|---|
| Issuer | Principal | First Trust |
| Strategy | covered call | option income |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY), used as the proxy |
| Pays | not established | not established |
| Payout rate, annualized | not published | not published |
| Expense ratio | 0.34% | not published |
| Cash paid, 1 year | 0.0% (since launch on Aug 19, 2026) | 0.0% (since launch on Aug 26, 2026) |
| Price change, 1 year | −3.7% | +9.2% |
| Total return, 1 year | −3.7% (since launch on Aug 19, 2026) | +9.2% (since launch on Aug 26, 2026) |
| Benchmark return, 1 year | −0.7% | −0.3% |
| Ahead or behind | −3.0 pts | +9.6 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 30 days | 23 days |
| Net assets | not published | $2m |
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.
XVSP in plain words
Over the period since launch on Aug 26, 2026 to Sep 18, 2026, XVSP paid 0.0% of its starting value in cash distributions while its price rose 9.2%. With every distribution reinvested, the fund returned +9.2%. S&P 500 (SPY), used as the proxy returned −0.3% over the same days, so a holder was ahead by 9.6 pts.
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 XVSP, data as of Sep 18, 2026. https://etfiq.com/compare/income/pcov-vs-xvsp Free to use with attribution; the underlying files are at Open data.