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Data as of .

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

RECI and TPAY both write options for income.

Columbia Research Enhanced Core Premium Income ETF and Roundhill S&P 500 Target 10 Managed Distribution ETF.

0.7%RECI cash paid, 1 year
5.8%TPAY cash paid, 1 year
+2.4%RECI total return, 1 year
+11.0%TPAY 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
TPAY0.8 pts behind SPY · since launch to Sep 18, 2026
SPY+11.8%TPAY+11.0%5.8% of it arrived as cash0.8 pts behind SPYTotal return, distributions reinvestedSPY+11.8%TPAY+11.0%0.8 pts behind SPY

Performance, window by window

RECI and TPAY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
RECITPAYRECITPAYRECITPAY
3 monthsnot published+1.5%not published2.4%not published−0.8 pts
6 monthsnot published+17.3%not published5.3%not published−0.7 pts
Since launch+2.4%+11.0%0.7%5.8%+0.8 pts−0.8 pts
Open the live comparison on ETFIQ
RECI and TPAY on the same fields, as of Sep 18, 2026. Source: ETFIQ.
RECI
Columbia Research Enhanced Core Premium Income ETF
Covered call on SPY
TPAY
Roundhill S&P 500 Target 10 Managed Distribution ETF
Option income on SPY, paying monthly
IssuerColumbiaRoundhill
Strategycovered calloption income
BenchmarkS&P 500 (SPY)S&P 500 (SPY)
Paysnot establishedmonthly
Payout rate, annualized8.0%9.5%
Expense ratio0.30%0.49%
Cash paid, 1 year0.7% (since launch on Jul 14, 2026)5.8% (since launch on Feb 18, 2026)
Price change, 1 year+1.7%+4.9%
Total return, 1 year+2.4% (since launch on Jul 14, 2026)+11.0% (since launch on Feb 18, 2026)
Benchmark return, 1 year+1.6%+11.8%
Ahead or behind+0.8 pts−0.8 pts
Return of capital, latest estimatenot publishednot published
Age66 days212 days
Net assetsnot published$2m

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.

TPAY in plain words

Over the period since launch on Feb 18, 2026 to Sep 18, 2026, TPAY paid 5.8% of its starting value in cash distributions while its price rose 4.9%. With every distribution reinvested, the fund returned +11.0%. S&P 500 (SPY) returned +11.8% over the same days, so a holder was behind by 0.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.5%, paid monthly.

Questions people ask

Which is cheaper, RECI or TPAY?
RECI charges 0.30% a year and TPAY charges 0.49%, 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 TPAY, 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 TPAY, data as of Sep 18, 2026. https://etfiq.com/compare/income/reci-vs-tpay Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources