Data as of .
SCLZ vs TCAL: which paid, and which earned it?
Over the year TCAL paid 11.4% of its price in cash against SCLZ’s 8.4%, though SCLZ returned more with it reinvested.
ETFIQ Return Stability Score: SCLZ scores higher
Was the payout funded by returns, or by your own capital?
A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed
What they hold in common
By the books each fund has filed, SCLZ and TCAL hold 22% of their money in the same securities at the same weight.
| Holding | SCLZ | TCAL |
|---|---|---|
| VISA INC | 2.27% | 1.69% |
| AMAZON.COM INC | 3.75% | 1.53% |
| MASTERCARD INC | 1.74% | 1.50% |
| MICROSOFT CORP | 3.71% | 1.50% |
| EXXON MOBIL CORP | 1.92% | 1.16% |
| CISCO SYSTEMS INC | 3.01% | 1.14% |
| ADVANCED MICRO DEVICES INC | 5.14% | 1.04% |
| META PLATFORMS INC | 3.34% | 1.01% |
| LINDE PLC | 0.99% | 1.63% |
| BROADCOM INC | 4.71% | 0.95% |
| NETFLIX INC | 0.99% | 0.95% |
| COSTCO WHOLESALE CORP | 0.90% | 1.20% |
| Only in SCLZ | Only in TCAL |
|---|---|
| MICRON TECHNOLOGY INC 7.89% | DANAHER CORP 2.01% |
| APPLE INC 6.15% | WATERS CORP 1.97% |
| NVIDIA CORP 5.99% | VERALTO CORP 1.87% |
| ALPHABET INC 5.18% | WASTE CONNECTIONS INC 1.80% |
| ELI LILLY & COMPANY 3.86% | YUM BRANDS INC 1.72% |
| BERKSHIRE HATHAWAY INC 3.10% | LOCKHEED MARTIN CORP 1.60% |
| GE AEROSPACE 2.74% | NORTHROP GRUMMAN CORP 1.56% |
| CATERPILLAR INC 1.84% | TELEDYNE TECHNOLOGIES INC 1.56% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| SCLZ | TCAL | SCLZ | TCAL | SCLZ | TCAL | |
| 3 months | +2.9% | +4.2% | 2.1% | 3.5% | −3.6 pts | +1.9 pts |
| 6 months | +14.2% | +5.3% | 3.8% | 6.3% | +1.6 pts | −12.7 pts |
| 1 year | +13.2% | +3.0% | 8.4% | 11.4% | −14.0 pts | −13.5 pts |
| Since launch | +36.5% | +3.9% | 19.6% | 15.2% | −6.3 pts | −32.7 pts |
| SCLZ Swan Enhanced Dividend Income ETF Dividend stocks with call overlay on SCHD, paying monthly | TCAL T. Rowe Price Capital Appreciation Premium Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Swan | T. Rowe Price |
| Strategy | dividend stocks with call overlay | covered call |
| Benchmark | US dividend stocks (SCHD), used as the dividend proxy | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 8.5% | 9.4% |
| Expense ratio | 0.79% | 0.34% |
| Cash paid, 1 year | 8.4% | 11.4% |
| Price change, 1 year | +4.1% | −8.6% |
| Total return, 1 year | +13.2% | +3.0% |
| Benchmark return, 1 year | +27.2% | +16.6% |
| Ahead or behind | −14.0 pts | −13.5 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 934 days | 540 days |
| Net assets | $20m | $276m |
SCLZ in plain words
Over the year to Sep 18, 2026, SCLZ paid 8.4% of its starting value in cash distributions while its price rose 4.1%. With every distribution reinvested, the fund returned +13.2%. US dividend stocks (SCHD), used as the dividend proxy returned +27.2% over the same days, so a holder was behind by 14.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.5%, paid monthly.
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 paid more, SCLZ or TCAL?
- Over the year to Sep 18, 2026, SCLZ paid 8.4% of its starting price in cash and TCAL paid 11.4%, so TCAL paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, SCLZ or TCAL?
- With every distribution reinvested, SCLZ returned +13.2% and TCAL returned +3.0% over the year to Sep 18, 2026, so SCLZ returned more.
- Which is cheaper, SCLZ or TCAL?
- SCLZ charges 0.79% a year and TCAL charges 0.34%, so TCAL 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, SCLZ against TCAL, data as of Sep 18, 2026. https://etfiq.com/compare/income/sclz-vs-tcal Free to use with attribution; the underlying files are at Open data.