Data as of Nov 4, 2026.

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Income ETFs

SDTY vs TCAL: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, SDTY paid 24.9% of its price in cash against TCAL’s 11.4%, and returned more with it reinvested.

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Net assets on Nov 3, 2026: $40m for YieldMax S&P 500 0DTE Covered Call Strategy ETF and $324m for T. Rowe Price Capital Appreciation Premium Income ETF.

At a glance
24.9%
SDTY cash paid, 1 year
11.4%
TCAL cash paid, 1 year
+14.7%
SDTY total return, 1 year
+11.2%
TCAL total return, 1 year
SDTY · 1 year to Nov 4, 2026 About even with VOO
SDTY
+14.7%
VOO
+14.8%

About even with VOO

SDTY over 1 year: paid 24.9%, price −12.3%, total +14.7%, VOO +14.8%, −0.1 pts. Data to Nov 4, 2026.

VOO

+14.8%

SDTY

+14.7%

24.9% of it arrived as cash

about even with VOO

Total return, distributions reinvested

About even with VOO

SDTY over 1 year: paid 24.9%, price −12.3%, total +14.7%, VOO +14.8%, −0.1 pts. Data to Nov 4, 2026.

VOO

+14.8%

SDTY

+14.7%

24.9% as cash

about even with VOO

24.9% of it arrived as cash. Total return, distributions reinvested. SDTY over 1 year: paid 24.9%, price −12.3%, total +14.7%, VOO +14.8%, −0.1 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.
TCAL · 1 year to Nov 4, 2026 3.4 pts behind its own stocks
TCAL
+11.2%
Own
+14.6%

3.4 pts behind its own stocks

TCAL over 1 year: paid 11.4%, price −1.2%, total +11.2%, its own stocks +14.6%, −3.4 pts. Data to Nov 4, 2026.

its own stocks

+14.6%

TCAL

+11.2%

11.4% of it arrived as cash

3.4 pts behind its own stocks

Total return, distributions reinvested

3.4 pts behind its own stocks

TCAL over 1 year: paid 11.4%, price −1.2%, total +11.2%, its own stocks +14.6%, −3.4 pts. Data to Nov 4, 2026.

its own stocks

+14.6%

TCAL

+11.2%

11.4% as cash

11.4% of it arrived as cash. Both charts share one scale, with zero at the line. TCAL over 1 year: paid 11.4%, price −1.2%, total +11.2%, its own stocks +14.6%, −3.4 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

TCAL costs 0.74 points a year less; their one-year returns differ by 3.5 points; TCAL is 8.1 times larger.

Points (pts) are percentage points.

SDTY vs TCAL: Dividend Yield & Total Return
MeasureSDTYTCAL
Paid and earned
Total return, 1 year+14.7%+11.2%
Price change, 1 yearfell 12.3%fell 1.2%
Against its benchmark
BenchmarkVanguard S&P 500 ETF, measured through VOOits own stocks
Cost and size
Expense ratio1.08%0.34%
Net assets, as of Nov 3, 2026$40m$324m
Holdings
Holdings in common0%
ETFIQ Distribution Coverage Score · TCAL scores higher How much of what it paid out did its total return cover?
IQ Income Score40.4SDTY54.8TCAL

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

0.3, the lowest in this set 99.7, the highest

One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

Method

Risk and return

Apr 4, 2025 to Oct 30, 2026 · 82 weekly returns
SDTY TCAL
Return
Total return edge SDTY +46.8% +15.2%
Annualized edge SDTY +27.6% +9.4%
Price return edge SDTY −1.7% −3.8%
Risk
Volatility edge TCAL 10.7% 8.5%
Max drawdown edge TCAL (slight) −7.3% −7.0%
Risk-adjusted
Sharpe edge SDTY 1.96 0.64
Sortino edge SDTY 3.66 0.95
Calmar edge SDTY 3.78 1.34
Reading

From Apr 2025 to Oct 2026, SDTY returned more: +46.8% to +15.2%. TCAL swung less: 8.5% to 10.7%. TCAL fell slightly less at its worst: −7.0% to −7.3%.

Full scorecard

9 measures, with how each is measured
Open ↓
Risk and return: SDTY vs TCAL: Dividend Yield & Total Return
MeasureSDTYTCALEdgeHow it is measured
Return
Total return+46.8%+15.2%SDTYPrice change plus distributions, reinvested.
Annualized+27.6%+9.4%SDTYTotal return as a yearly rate.
Price return−1.7%−3.8%SDTYPrice change alone, distributions left out.
Risk
Volatility10.7%8.5%TCALSpread of weekly returns, annualized. Lower is steadier.
Downside deviation5.7%5.7%TieLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−7.3%−7.0%TCAL (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe1.960.64SDTYReturn above Treasury bills per unit of volatility.
Sortino3.660.95SDTYReturn above Treasury bills per unit of downside deviation.
Calmar3.781.34SDTYAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 82 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, SDTY and TCAL hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 4, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first SDTY TCAL
Only in one fund ↓
Only in SDTY
SPX 12/18/2026 1200.26 C 85.22%
United States Treasury Note/Bond 3.375% 09/15/2027 1.62%
Only in TCAL
DANAHER CORP 2.02%
WATERS CORP 1.99%
VERALTO CORP 1.89%
WASTE CONNECTIONS INC 1.82%
YUM BRANDS INC 1.73%
MCDONALD S CORP 1.71%
VISA INC-CLASS A SHARES 1.71%
LINDE PLC 1.65%
Check overlap with more funds →

Side by side

SDTY YieldMax S&P 500 0DTE Covered Call Strategy ETF · 0DTE covered call on VOO, paying weekly TCAL T. Rowe Price Capital Appreciation Premium Income ETF · Covered call on its own stocks, paying monthly
Strategy 0DTE covered call covered call
Benchmark Vanguard S&P 500 ETF (VOO) TCAL's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jun 30, 2026)
Pays weekly monthly
Payout rate, annualized 23.2% 13.0%
Expense ratio 1.08% 0.34%
Cash paid, 1 year 24.9% 11.4%
Price change, 1 year −12.3% −1.2%
Total return, 1 year +14.7% +11.2%
Benchmark return, 1 year +14.8% +14.6%
Ahead or behind −0.1 pts −3.4 pts
Return of capital, latest estimate not published not published
Age 1.7 years 1.6 years
Net assets, as of Nov 3, 2026 $40m $324m

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: SDTY vs TCAL: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowSDTYTCALSDTYTCALSDTYTCAL
3 months+1.2%+5.3%5.4%2.6%+1.4 pts−1.8 pts
6 months+6.6%+12.3%11.7%6.3%+1.5 pts−0.9 pts
1 year+14.7%+11.2%24.9%11.4%−0.1 pts−3.5 pts
Since launchNot the same days: SDTY Feb 2025 · TCAL Mar 2025+23.8%+12.0%37.8%16.9%−5.3 ptsnot measured

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About each fund
SDTY

Over the year to Nov 4, 2026, SDTY paid 24.9% of its starting value in cash distributions while its price fell 12.3%. With every distribution reinvested, the fund returned +14.7%. Vanguard S&P 500 ETF (VOO) returned +14.8% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 23.2%, paid weekly.

TCAL

Over the year to Nov 4, 2026, TCAL paid 11.4% of its starting value in cash distributions while its price fell 1.2%. With every distribution reinvested, the fund returned +11.2%. TCAL's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jun 30, 2026) returned +14.6% over the same days, so a holder was behind by 3.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 13.0%, paid monthly.

Questions people ask

Which paid more, SDTY or TCAL?
Over the year to Nov 4, 2026, SDTY paid 24.9% 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 +14.7% and TCAL +11.2% over the year to Nov 4, 2026.
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.
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Sources and dates

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

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ETFIQ, SDTY against TCAL, data as of Nov 4, 2026. https://etfiq.com/compare/income/sdty-vs-tcal

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