Data as of Nov 4, 2026.

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Income ETFs

PCOV vs YQQQ: Dividend Yield & Total Return

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PCOV and YQQQ both write options for income.

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Net assets: $10m on Nov 2, 2026 for Principal Equity Premium Income ETF, and $15m on Nov 3, 2026 for YieldMax Short N100 Option Income Strategy ETF.

At a glance
1.9%
PCOV cash paid, since launch, Aug 19, 2026
26.8%
YQQQ cash paid, 1 year
−0.1%
PCOV total return, since launch, Aug 19, 2026
+6.6%
YQQQ total return, 1 year
PCOV · since launch to Nov 4, 2026 Not measured
Not measuredPCOV 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 reinvestedNot measuredPCOV since launch: paid 1.9%, price −2.0%, total −0.1%, not measured against a benchmark. Data to Nov 4, 2026.PCOV−0.1%

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.
YQQQ · 1 year to Nov 4, 2026 21.1 pts ahead of short QQQ
21.1 pts ahead of short QQQYQQQ over 1 year: paid 26.8%, price −21.3%, total +6.6%, short QQQ −14.5%, +21.1 pts. Data to Nov 4, 2026.short QQQ−14.5%YQQQ+6.6%26.8% of it arrived as cash21.1 pts ahead of short QQQTotal return, distributions reinvested21.1 pts ahead of short QQQYQQQ over 1 year: paid 26.8%, price −21.3%, total +6.6%, short QQQ −14.5%, +21.1 pts. Data to Nov 4, 2026.short QQQ−14.5%YQQQ+6.6%21.1 pts ahead of short QQQ

YQQQ over 1 year: paid 26.8%, price −21.3%, total +6.6%, short QQQ −14.5%, +21.1 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

PCOV costs 0.77 points a year less; YQQQ is 1.5 times larger.

Points (pts) are percentage points.

PCOV vs YQQQ: Dividend Yield & Total Return
MeasurePCOVYQQQ
Paid and earned
Total return, 1 yearnot published+6.6%
Price changefell 2.0% (since Aug 19, 2026)fell 21.3% (1 year)
Against its benchmark
Benchmarknot publishedNasdaq-100 (QQQ) held short
Cost and size
Expense ratio0.34%1.11%
Net assets, as of Nov 3, 2026$10m$15m
Holdings
Holdings in commonnot published

Method

Side by side

PCOV Principal Equity Premium Income ETF · Covered call YQQQ YieldMax Short N100 Option Income Strategy ETF · Short option income on short QQQ, paying weekly
Strategy covered call short option income
Benchmark none Nasdaq-100 (QQQ) held short
Pays not established weekly
Payout rate, annualized 7.2% 22.7%
Expense ratio 0.34% 1.11%
Cash paid, 1 year 1.9% (since launch, Aug 19, 2026) 26.8%
Price change, 1 year −2.0% (since launch, Aug 19, 2026) −21.3%
Total return, 1 year −0.1% (since launch, Aug 19, 2026) +6.6%
Benchmark return, 1 year not published −14.5%
Ahead or behind not available +21.1 pts
Return of capital, latest estimate not published not published
Age 77 days 2.2 years
Net assets, PCOV as of Nov 2, 2026 and YQQQ as of Nov 3, 2026 $10m $15m

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 YQQQ: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowPCOVYQQQPCOVYQQQPCOVYQQQ
3 months–+10.7%–10.6%–+8.0 pts
6 months–+9.0%–15.9%–+11.1 pts
1 year–+6.6%–26.8%–+21.1 pts
Since launchNot the same days: PCOV Aug 2026 · YQQQ Aug 2024−0.1%−10.1%1.9%40.8%not measured+28.7 pts

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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.

YQQQ

Over the year to Nov 4, 2026, YQQQ paid 26.8% of its starting value in cash distributions while its price fell 21.3%. With every distribution reinvested, the fund returned +6.6%. Nasdaq-100 (QQQ) held short returned −14.5% over the same days, so a holder was ahead by 21.1 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 22.7%, paid weekly.

Questions people ask

Which is cheaper, PCOV or YQQQ?
PCOV charges 0.34% a year and YQQQ charges 1.11%, so PCOV is cheaper. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, PCOV against YQQQ, data as of Nov 4, 2026. https://etfiq.com/compare/income/pcov-vs-yqqq

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