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Data as of .

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

Over the year SDTY paid 24.4% of its price in cash against TCAL’s 11.4%, and returned more with it reinvested.

YieldMax(R) S&P 500 0DTE Covered Call Strategy ETF and T. Rowe Price Capital Appreciation Premium Income ETF.

24.4%SDTY cash paid, 1 year
11.4%TCAL cash paid, 1 year
+15.8%SDTY total return, 1 year
+3.0%TCAL total return, 1 year

ETFIQ Return Stability Score: SDTY scores higher

Was the payout funded by returns, or by your own capital?

SDTY 43.4TCAL 21.93.8, the lowest in this set96.8, the highest

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

SDTY0.8 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%SDTY+15.8%24.4% of it arrived as cash0.8 pts behind SPYTotal return, distributions reinvestedSPY+16.6%SDTY+15.8%24.4% as cash0.8 pts behind 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

What they hold in common

By the books each fund has filed, SDTY and TCAL hold 0% of their money in the same securities at the same weight.

Only in each
Only in SDTYOnly in TCAL
SPX 12/18/2026 1200.26 C 88.32%DANAHER CORP 2.01%
First American Government Obligations Fund 12/01/2031 8.93%WATERS CORP 1.97%
United States Treasury Bill 10/15/2026 2.55%VERALTO CORP 1.87%
United States Treasury Bill 02/18/2027 0.10%WASTE CONNECTIONS INC 1.80%
United States Treasury Bill 07/08/2027 0.09%YUM BRANDS INC 1.72%
MCDONALD S CORP 1.70%
VISA INC-CLASS A SHARES 1.69%
LINDE PLC 1.63%

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 and Sep 21, 2026.

Performance, window by window

SDTY and TCAL over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
SDTYTCALSDTYTCALSDTYTCAL
3 months+3.2%+4.2%5.9%3.5%+1.0 pts+1.9 pts
6 months+16.5%+5.3%13.7%6.3%−1.6 pts−12.7 pts
1 year+15.8%+3.0%24.4%11.4%−0.8 pts−13.5 pts
Since launch+22.3%+3.9%35.4%15.2%−5.8 pts−32.7 pts
Open the live comparison on ETFIQ
SDTY and TCAL on the same fields, as of Sep 18, 2026. Source: ETFIQ.
SDTY
YieldMax(R) S&P 500 0DTE Covered Call Strategy ETF
0DTE covered call on SPY, paying weekly
TCAL
T. Rowe Price Capital Appreciation Premium Income ETF
Covered call on SPY, paying monthly
IssuerYieldMaxT. Rowe Price
Strategy0DTE covered callcovered call
BenchmarkS&P 500 (SPY)S&P 500 (SPY), used as a default proxy
Paysweeklymonthly
Payout rate, annualized19.8%9.4%
Expense ratio1.08%0.34%
Cash paid, 1 year24.4%11.4%
Price change, 1 year−10.8%−8.6%
Total return, 1 year+15.8%+3.0%
Benchmark return, 1 year+16.6%+16.6%
Ahead or behind−0.8 pts−13.5 pts
Return of capital, latest estimate100%not published
Age589 days540 days
Net assets$28m$276m

SDTY in plain words

Over the year to Sep 18, 2026, SDTY paid 24.4% of its starting value in cash distributions while its price fell 10.8%. With every distribution reinvested, the fund returned +15.8%. S&P 500 (SPY) returned +16.6% 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 19.8%, paid weekly. YieldMax estimates that 100% of the distribution paid Sep 17, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

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, SDTY or TCAL?
Over the year to Sep 18, 2026, SDTY paid 24.4% of its starting price in cash and TCAL paid 11.4%, so SDTY paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, SDTY or TCAL?
With every distribution reinvested, SDTY returned +15.8% and TCAL returned +3.0% over the year to Sep 18, 2026, so SDTY returned more.
Which is cheaper, SDTY or TCAL?
SDTY charges 1.08% 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.

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

How every figure is computed · Standards and sources