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Data as of .

RECI vs TCAL: which paid, and which earned it?

RECI and TCAL both write options for income.

Columbia Research Enhanced Core Premium Income ETF and T. Rowe Price Capital Appreciation Premium Income ETF.

0.7%RECI cash paid, 1 year
11.4%TCAL cash paid, 1 year
+2.4%RECI total return, 1 year
+3.0%TCAL total return, 1 year
RECI0.8 pts ahead of SPY · since launch to Sep 18, 2026
SPY+1.6%RECI+2.4%0.8 pts ahead of SPYTotal return, distributions reinvestedSPY+1.6%RECI+2.4%0.8 pts ahead of SPY
TCAL13.5 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%TCAL+3.0%11.4% as cash13.5 pts behind SPYTotal return, distributions reinvestedSPY+16.6%TCAL+3.0%13.5 pts behind SPY

Performance, window by window

RECI and TCAL over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
RECITCALRECITCALRECITCAL
3 monthsnot published+4.2%not published3.5%not published+1.9 pts
6 monthsnot published+5.3%not published6.3%not published−12.7 pts
1 yearnot published+3.0%not published11.4%not published−13.5 pts
Since launch+2.4%+3.9%0.7%15.2%+0.8 pts−32.7 pts
Open the live comparison on ETFIQ
RECI and TCAL on the same fields, as of Sep 18, 2026. Source: ETFIQ.
RECI
Columbia Research Enhanced Core Premium Income ETF
Covered call on SPY
TCAL
T. Rowe Price Capital Appreciation Premium Income ETF
Covered call on SPY, paying monthly
IssuerColumbiaT. Rowe Price
Strategycovered callcovered call
BenchmarkS&P 500 (SPY)S&P 500 (SPY), used as a default proxy
Paysnot establishedmonthly
Payout rate, annualized8.0%9.4%
Expense ratio0.30%0.34%
Cash paid, 1 year0.7% (since launch on Jul 14, 2026)11.4%
Price change, 1 year+1.7%−8.6%
Total return, 1 year+2.4% (since launch on Jul 14, 2026)+3.0%
Benchmark return, 1 year+1.6%+16.6%
Ahead or behind+0.8 pts−13.5 pts
Return of capital, latest estimatenot publishednot published
Age66 days540 days
Net assetsnot published$276m

RECI in plain words

Over the period since launch on Jul 14, 2026 to Sep 18, 2026, RECI paid 0.7% of its starting value in cash distributions while its price rose 1.7%. With every distribution reinvested, the fund returned +2.4%. S&P 500 (SPY) returned +1.6% over the same days, so a holder was ahead by 0.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.0%, paid periodically.

TCAL in plain words

Over the year to Sep 18, 2026, TCAL paid 11.4% of its starting value in cash distributions while its price fell 8.6%. With every distribution reinvested, the fund returned +3.0%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 13.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.4%, paid monthly.

Questions people ask

Which is cheaper, RECI or TCAL?
RECI charges 0.30% a year and TCAL charges 0.34%, so RECI 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.

RECI against TCAL, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, RECI against TCAL, data as of Sep 18, 2026. https://etfiq.com/compare/income/reci-vs-tcal Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources