Data as of .
SPIN vs TCAL: which paid, and which earned it?
Over the year TCAL paid 11.4% of its price in cash against SPIN’s 5.2%, though SPIN returned more with it reinvested.
ETFIQ Return Stability Score: SPIN 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, SPIN and TCAL hold 22% of their money in the same securities at the same weight.
| Holding | SPIN | TCAL |
|---|---|---|
| AMAZON.COM INC | 4.87% | 1.53% |
| MICROSOFT CORP | 7.06% | 1.50% |
| VISA INC CLASS A SHARES | 1.47% | 1.69% |
| S+P GLOBAL INC | 1.14% | 1.21% |
| ADVANCED MICRO DEVICES | 2.61% | 1.04% |
| META PLATFORMS INC CLASS A | 3.14% | 1.01% |
| BROADCOM INC | 3.23% | 0.95% |
| LINDE PLC | 0.95% | 1.63% |
| NETFLIX INC | 0.95% | 0.95% |
| MASTERCARD INC A | 0.92% | 1.50% |
| JOHNSON + JOHNSON | 1.02% | 0.86% |
| DANAHER CORP | 0.85% | 2.01% |
| Only in SPIN | Only in TCAL |
|---|---|
| NVIDIA CORP 9.87% | WATERS CORP 1.97% |
| APPLE INC 6.03% | VERALTO CORP 1.87% |
| ALPHABET INC CL A 5.65% | WASTE CONNECTIONS INC 1.80% |
| MICRON TECHNOLOGY INC 2.91% | YUM BRANDS INC 1.72% |
| EXXONMOBIL HOLDINGS CORP 2.07% | LOCKHEED MARTIN CORP 1.60% |
| ELI LILLY + CO 2.00% | NORTHROP GRUMMAN CORP 1.56% |
| APPLIED MATERIALS INC 1.52% | TELEDYNE TECHNOLOGIES INC 1.56% |
| AMPHENOL CORP CL A 1.28% | STRYKER CORP 1.50% |
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 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| SPIN | TCAL | SPIN | TCAL | SPIN | TCAL | |
| 3 months | +3.7% | +4.2% | 0.8% | 3.5% | +1.4 pts | +1.9 pts |
| 6 months | +12.3% | +5.3% | 3.2% | 6.3% | −5.8 pts | −12.7 pts |
| 1 year | +11.3% | +3.0% | 5.2% | 11.4% | −5.2 pts | −13.5 pts |
| Since launch | +28.5% | +3.9% | 15.2% | 15.2% | −13.7 pts | −32.7 pts |
| SPIN State Street(R) US Equity Premium Income ETF Covered call on SPY, paying monthly | TCAL T. Rowe Price Capital Appreciation Premium Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | State Street | T. Rowe Price |
| Strategy | covered call | covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 2.7% | 9.4% |
| Expense ratio | 0.25% | 0.34% |
| Cash paid, 1 year | 5.2% | 11.4% |
| Price change, 1 year | +5.8% | −8.6% |
| Total return, 1 year | +11.3% | +3.0% |
| Benchmark return, 1 year | +16.6% | +16.6% |
| Ahead or behind | −5.2 pts | −13.5 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 743 days | 540 days |
| Net assets | $48m | $276m |
SPIN in plain words
Over the year to Sep 18, 2026, SPIN paid 5.2% of its starting value in cash distributions while its price rose 5.8%. With every distribution reinvested, the fund returned +11.3%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 5.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 2.7%, 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, SPIN or TCAL?
- Over the year to Sep 18, 2026, SPIN paid 5.2% 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, SPIN or TCAL?
- With every distribution reinvested, SPIN returned +11.3% and TCAL returned +3.0% over the year to Sep 18, 2026, so SPIN returned more.
- Which is cheaper, SPIN or TCAL?
- SPIN charges 0.25% a year and TCAL charges 0.34%, so SPIN 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, SPIN against TCAL, data as of Sep 18, 2026. https://etfiq.com/compare/income/spin-vs-tcal Free to use with attribution; the underlying files are at Open data.