Which paid more, SDVD or TCAL?

Over the year to Nov 4, 2026, SDVD paid 9.7% 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, SDVD or TCAL?

With every distribution reinvested, SDVD returned +18.9% and TCAL +11.2% over the year to Nov 4, 2026.

Which is cheaper, SDVD or TCAL?

SDVD charges 0.85% a year and TCAL charges 0.34%, so TCAL is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

SDVD vs TCAL: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, TCAL paid 11.4% of its price in cash against SDVD’s 9.7%, though SDVD returned more with it reinvested.

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Net assets on Nov 3, 2026: $903m for FT Vest SMID Rising Dividend Achievers Target Income ETF and $324m for T. Rowe Price Capital Appreciation Premium Income ETF.

SDVD on its own →TCAL on its own →

At a glance

9.7%

SDVD cash paid, 1 year

11.4%

TCAL cash paid, 1 year

+18.9%

SDVD total return, 1 year

+11.2%

TCAL total return, 1 year

SDVD · 1 year to Nov 4, 2026 1.4 pts ahead of SDVY

SDVD

+18.9%

SDVY

+17.5%

1.4 pts ahead of SDVY

SDVD over 1 year: paid 9.7%, price +8.6%, total +18.9%, SDVY +17.5%, +1.4 pts. Data to Nov 4, 2026.

SDVY

+17.5%

SDVD

+18.9%

9.7% of it arrived as cash

1.4 pts ahead of SDVY

Total return, distributions reinvested

1.4 pts ahead of SDVY

SDVD over 1 year: paid 9.7%, price +8.6%, total +18.9%, SDVY +17.5%, +1.4 pts. Data to Nov 4, 2026.

SDVY

+17.5%

SDVD

+18.9%

9.7% cash

1.4 pts ahead of SDVY

9.7% of it arrived as cash. Total return, distributions reinvested. SDVD over 1 year: paid 9.7%, price +8.6%, total +18.9%, SDVY +17.5%, +1.4 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% cash

3.4 pts behind its own stocks

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 0.51 points a year less; their one-year returns differ by 7.7 points; SDVD is 2.8 times larger.

Points (pts) are percentage points.

SDVD vs TCAL: Dividend Yield & Total Return
Measure	SDVD	TCAL
Paid and earned
Measure	SDVD	TCAL
Total return, 1 year	+18.9%	+11.2%
Price change, 1 year	rose 8.6%	fell 1.2%
Against its benchmark
Measure	SDVD	TCAL
Benchmark	First Trust SMID Cap Rising Dividend Achievers ETF, measured through SDVY	its own stocks
Cost and size
Measure	SDVD	TCAL
Expense ratio	0.85%	0.34%
Net assets, as of Nov 3, 2026	$903m	$324m
Holdings
Measure	SDVD	TCAL
Holdings in common	1%

ETFIQ Distribution Coverage Score · SDVD scores higher How much of what it paid out did its total return cover?

IQ Income Score84.7SDVD54.8TCAL

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

SDVD 84.7

TCAL 54.8

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

What they share

By the books each fund has filed, SDVD and TCAL hold 1% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 3, 2026.

50%

0 half 100%

half

1% in common

Positions both hold · largest shared weight first SDVD TCAL

Veralto Corporation 1.05% 1.89%

Only in one fund ↓

Only in SDVD

The Hanover Insurance Group, Inc. 1.09%

Reinsurance Group of America, Incorporated 1.06%

Williams-Sonoma, Inc. 1.06%

Assurant, Inc. 1.02%

Interparfums, Inc. 1.02%

National HealthCare Corporation 1.02%

VeriSign, Inc. 1.02%

OFG Bancorp 0.99%

Only in TCAL

DANAHER CORP 2.02%

WATERS CORP 1.99%

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%

LOCKHEED MARTIN CORP 1.61%

Check overlap with more funds →

Side by side

SDVD FT Vest SMID Rising Dividend Achievers Target Income ETF · Writes calls on the Russell 2000, investing in the Nasdaq US Small-Mid Cap Rising Dividend Achievers Index, paying monthly TCAL T. Rowe Price Capital Appreciation Premium Income ETF · Covered call on its own stocks, paying monthly

Issuer First Trust T. Rowe Price

Strategy dividend stocks with call overlay covered call

Benchmark First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) TCAL's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jun 30, 2026)

Pays monthly monthly

Payout rate, annualized 8.2% 13.0%

Expense ratio 0.85% 0.34%

Cash paid, 1 year 9.7% 11.4%

Price change, 1 year +8.6% −1.2%

Total return, 1 year +18.9% +11.2%

Benchmark return, 1 year +17.5% +14.6%

Ahead or behind +1.4 pts −3.4 pts

Return of capital, latest estimate 22% not published

Age 3.2 years 1.6 years

Net assets, as of Nov 3, 2026 $903m $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: SDVD vs TCAL: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	SDVD	TCAL	SDVD	TCAL	SDVD	TCAL
3 months	−2.3%	+5.3%	2.0%	2.6%	+0.5 pts	−1.8 pts
6 months	+3.3%	+12.3%	4.1%	6.3%	+0.9 pts	−0.9 pts
1 year	+18.9%	+11.2%	9.7%	11.4%	+1.4 pts	−3.5 pts
3 years	+60.8%	–	31.3%	–	+1.0 pts	–
Since launchNot the same days: SDVD Aug 2023 · TCAL Mar 2025	+53.9%	+12.0%	31.3%	16.9%	+1.9 pts	not measured

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Alert

About each fund

SDVD

Over the year to Nov 4, 2026, SDVD paid 9.7% of its starting value in cash distributions while its price rose 8.6%. With every distribution reinvested, the fund returned +18.9%. First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) returned +17.5% over the same days, so a holder was ahead by 1.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 8.2%, paid monthly. First Trust estimates that 22% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

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, SDVD or TCAL?: Over the year to Nov 4, 2026, SDVD paid 9.7% 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, SDVD or TCAL?: With every distribution reinvested, SDVD returned +18.9% and TCAL +11.2% over the year to Nov 4, 2026.
Which is cheaper, SDVD or TCAL?: SDVD charges 0.85% a year and TCAL charges 0.34%, so TCAL is cheaper. Fees come from each fund's prospectus.

Other comparisons

SDVD vs GRNI SDVD vs CVRD SDVD vs JUDO SDVD vs HEMI TCAL vs KNG TCAL vs FEPI TCAL vs PAPI TCAL vs DJIA

Where to next

First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) →SDVD on its own →TCAL on its own →SDVD dividend history →SDVD holdings →TCAL dividend history →TCAL holdings →Method →Standards and sources →

Sources and dates

SDVD filings on SEC EDGAR ↗

SDVD prospectus with the expense ratio (SEC) ↗

SDVD 19a-1 distribution notice ↗

First Trust page for SDVD ↗

TCAL filings on SEC EDGAR ↗

TCAL prospectus with the expense ratio (SEC) ↗

T. Rowe Price website ↗

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.

Cite this pageCitation, APA and Markdown

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

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