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Data as of .

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

Over the year YMAG paid 35.5% of its price in cash against TCAL’s 11.4%, and returned more with it reinvested.

T. Rowe Price Capital Appreciation Premium Income ETF and YieldMax(R) Magnificent 7 Fund of Option Income ETFs.

11.4%TCAL cash paid, 1 year
35.5%YMAG cash paid, 1 year
+3.0%TCAL total return, 1 year
+9.7%YMAG total return, 1 year

ETFIQ Return Stability Score: YMAG scores higher

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

TCAL 21.9YMAG 33.83.8, 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

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
YMAG1.5 pts behind MAGS · 1 year to Sep 18, 2026
MAGS+11.2%YMAG+9.7%35.5% of it arrived as cash1.5 pts behind MAGSTotal return, distributions reinvestedMAGS+11.2%YMAG+9.7%35.5% cash1.5 pts behind MAGS

What they hold in common

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

Only in each
Only in TCALOnly in YMAG
DANAHER CORP 2.01%YieldMax NVDA Option Income Strategy ETF 14.58%
WATERS CORP 1.97%YieldMax AAPL Option Income Strategy ETF 14.24%
VERALTO CORP 1.87%YieldMax Tsla Option Income ETF 14.21%
WASTE CONNECTIONS INC 1.80%YieldMax Amzn Option Income ETF 14.11%
YUM BRANDS INC 1.72%YieldMax GOOGL Option Income Strategy ETF 14.11%
MCDONALD S CORP 1.70%YieldMax Meta Option Income Strategy ETF 13.99%
VISA INC-CLASS A SHARES 1.69%YieldMax MSFT Option Income Strategy ETF 13.90%
LINDE PLC 1.63%First American Government Obligations Fund 12/01/2031 0.87%

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

TCAL and YMAG over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
TCALYMAGTCALYMAGTCALYMAG
3 months+4.2%+6.1%3.5%9.4%+1.9 pts−1.6 pts
6 months+5.3%+15.4%6.3%21.1%−12.7 pts−5.3 pts
1 year+3.0%+9.7%11.4%35.5%−13.5 pts−1.5 pts
Since launch+3.9%+70.7%15.2%89.1%−32.7 pts−34.1 pts
Open the live comparison on ETFIQ
TCAL and YMAG on the same fields, as of Sep 18, 2026. Source: ETFIQ.
TCAL
T. Rowe Price Capital Appreciation Premium Income ETF
Covered call on SPY, paying monthly
YMAG
YieldMax(R) Magnificent 7 Fund of Option Income ETFs
Synthetic covered call on MAGS, paying weekly
IssuerT. Rowe PriceYieldMax
Strategycovered callsynthetic covered call
BenchmarkS&P 500 (SPY), used as a default proxyMagnificent Seven (MAGS)
Paysmonthlyweekly
Payout rate, annualized9.4%30.9%
Expense ratio0.34%1.34%
Cash paid, 1 year11.4%35.5%
Price change, 1 year−8.6%−28.1%
Total return, 1 year+3.0%+9.7%
Benchmark return, 1 year+16.6%+11.2%
Ahead or behind−13.5 pts−1.5 pts
Return of capital, latest estimatenot published80%
Age540 days962 days
Net assets$276m$297m

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.

YMAG in plain words

Over the year to Sep 18, 2026, YMAG paid 35.5% of its starting value in cash distributions while its price fell 28.1%. With every distribution reinvested, the fund returned +9.7%. Magnificent Seven (MAGS) returned +11.2% over the same days, so a holder was behind by 1.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 30.9%, paid weekly. YieldMax estimates that 80% 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).

Questions people ask

Which paid more, TCAL or YMAG?
Over the year to Sep 18, 2026, TCAL paid 11.4% of its starting price in cash and YMAG paid 35.5%, so YMAG paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, TCAL or YMAG?
With every distribution reinvested, TCAL returned +3.0% and YMAG returned +9.7% over the year to Sep 18, 2026, so YMAG returned more.
Which is cheaper, TCAL or YMAG?
TCAL charges 0.34% a year and YMAG charges 1.34%, 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.

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

How every figure is computed · Standards and sources