Data as of Nov 4, 2026.

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Income ETFs

SIXH 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 SIXH’s 2.1%, though SIXH returned more with it reinvested.

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Net assets: $603m on Aug 31, 2026 for ETC 6 Meridian Hedged Equity-Index Option Strategy ETF, and $324m on Nov 3, 2026 for T. Rowe Price Capital Appreciation Premium Income ETF.

At a glance
2.1%
SIXH cash paid, 1 year
11.4%
TCAL cash paid, 1 year
+23.5%
SIXH total return, 1 year
+11.2%
TCAL total return, 1 year
SIXH · 1 year to Nov 4, 2026 5.5 pts ahead of its own holdings
SIXH
+23.5%
Own
+18.0%

5.5 pts ahead of its own holdings

SIXH over 1 year: paid 2.1%, price +21.2%, total +23.5%, its own holdings +18.0%, +5.5 pts. Data to Nov 4, 2026.

its own holdings

+18.0%

SIXH

+23.5%

5.5 pts ahead of its own holdings

Total return, distributions reinvested

5.5 pts ahead of its own holdings

SIXH over 1 year: paid 2.1%, price +21.2%, total +23.5%, its own holdings +18.0%, +5.5 pts. Data to Nov 4, 2026.

its own holdings

+18.0%

SIXH

+23.5%

2.1% of it arrived as cash. Total return, distributions reinvested. SIXH over 1 year: paid 2.1%, price +21.2%, total +23.5%, its own holdings +18.0%, +5.5 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%

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 0.35 points a year less; their one-year returns differ by 12.3 points.

Points (pts) are percentage points.

SIXH vs TCAL: Dividend Yield & Total Return
MeasureSIXHTCAL
Paid and earned
Total return, 1 year+23.5%+11.2%
Price change, 1 yearrose 21.2%fell 1.2%
Against its benchmark
Benchmarkits own holdingsits own stocks
Cost and size
Expense ratio0.69%0.34%
Net assets, SIXH as of Aug 31, 2026 and TCAL as of Nov 3, 2026$603m$324m
Holdings
Holdings in common16%
ETFIQ Distribution Coverage Score · SIXH scores higher How much of what it paid out did its total return cover?
IQ Income Score98.5SIXH54.8TCAL

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
SIXH TCAL
Return
Total return edge SIXH +29.2% +15.2%
Annualized edge SIXH +17.7% +9.4%
Price return edge SIXH +25.2% −3.8%
Risk
Volatility edge SIXH 7.5% 8.5%
Max drawdown edge SIXH −3.4% −7.0%
Risk-adjusted
Sharpe edge SIXH 1.69 0.64
Sortino edge SIXH 3.06 0.95
Calmar edge SIXH 5.13 1.34
Reading

From Apr 2025 to Oct 2026, SIXH returned more: +29.2% to +15.2%. SIXH swung less: 7.5% to 8.5%. SIXH fell less at its worst: −3.4% to −7.0%.

Full scorecard

9 measures, with how each is measured
Open ↓
Risk and return: SIXH vs TCAL: Dividend Yield & Total Return
MeasureSIXHTCALEdgeHow it is measured
Return
Total return+29.2%+15.2%SIXHPrice change plus distributions, reinvested.
Annualized+17.7%+9.4%SIXHTotal return as a yearly rate.
Price return+25.2%−3.8%SIXHPrice change alone, distributions left out.
Risk
Volatility7.5%8.5%SIXHSpread of weekly returns, annualized. Lower is steadier.
Downside deviation4.1%5.7%SIXHLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−3.4%−7.0%SIXHDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe1.690.64SIXHReturn above Treasury bills per unit of volatility.
Sortino3.060.95SIXHReturn above Treasury bills per unit of downside deviation.
Calmar5.131.34SIXHAnnualized 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

16%

By the books each fund has filed, SIXH and TCAL hold 16% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.

0 half 100%

half

16% in common

Positions both hold · largest shared weight first SIXH TCAL
GILEAD SCIENCES, INC. 1.37% 1.49%
COSTCO WHOLESALE CORPORATION 2.42% 1.21%
LOCKHEED MARTIN CORPORATION 1.18% 1.61%
AMAZON.COM, INC. 1.17% 1.55%
PEPSICO, INC. 3.69% 1.17%
CISCO SYSTEMS, INC. 1.16% 1.15%
ADVANCED MICRO DEVICES, INC. 1.21% 1.05%
META PLATFORMS, INC. 1.26% 1.02%
THE PROCTER & GAMBLE COMPANY 2.46% 0.97%
THE COCA-COLA COMPANY 1.24% 0.91%
JOHNSON & JOHNSON 2.54% 0.87%
WALMART INC. 2.31% 0.78%
Only in one fund ↓
Only in SIXH
SPDR S&P 500 ETF Trust 4.95%
Altria Group, Inc. 4.90%
AT&T INC. 4.08%
VERIZON COMMUNICATIONS INC. 3.92%
Philip Morris International Inc. 3.60%
MICRON TECHNOLOGY, INC. 2.85%
QUALCOMM INCORPORATED 2.82%
COMCAST CORPORATION 2.72%
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

SIXH ETC 6 Meridian Hedged Equity-Index Option Strategy ETF · Option income on its own holdings, paying monthly TCAL T. Rowe Price Capital Appreciation Premium Income ETF · Covered call on its own stocks, paying monthly
Strategy option income covered call
Benchmark SIXH's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Aug 31, 2026) 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 3.2% 13.0%
Expense ratio 0.69% 0.34%
Cash paid, 1 year 2.1% 11.4%
Price change, 1 year +21.2% −1.2%
Total return, 1 year +23.5% +11.2%
Benchmark return, 1 year +18.0% +14.6%
Ahead or behind +5.5 pts −3.4 pts
Return of capital, latest estimate not published not published
Age 6.5 years 1.6 years
Net assets, SIXH as of Aug 31, 2026 and TCAL as of Nov 3, 2026 $603m $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: SIXH vs TCAL: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowSIXHTCALSIXHTCALSIXHTCAL
3 months+6.0%+5.3%0.5%2.6%+1.8 pts−1.8 pts
6 months+10.3%+12.3%1.0%6.3%+3.5 pts−0.9 pts
1 year+23.5%+11.2%2.1%11.4%+5.5 pts−3.5 pts
3 years+47.6%–6.8%–not measured–
Since launchNot the same days: SIXH May 2020 · TCAL Mar 2025+104.1%+12.0%16.7%16.9%not measurednot measured

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About each fund
SIXH

Over the year to Nov 4, 2026, SIXH paid 2.1% of its starting value in cash distributions while its price rose 21.2%. With every distribution reinvested, the fund returned +23.5%. SIXH's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Aug 31, 2026) returned +18.0% over the same days, so a holder was ahead by 5.5 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 3.2%, paid monthly.

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, SIXH or TCAL?
Over the year to Nov 4, 2026, SIXH paid 2.1% 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, SIXH or TCAL?
With every distribution reinvested, SIXH returned +23.5% and TCAL +11.2% over the year to Nov 4, 2026.
Which is cheaper, SIXH or TCAL?
SIXH charges 0.69% a year and TCAL charges 0.34%, so TCAL is cheaper. Fees come from each fund's prospectus.
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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, SIXH against TCAL, data as of Nov 4, 2026. https://etfiq.com/compare/income/sixh-vs-tcal

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