Dividend-adjusted total return · Dec 31, 2025 – Nov 4, 2026TCAL
T. Rowe Price Capital Appreciation Premium Income ETFTCAL
$23.52
+1.1% last session
+10.3% YTD
Data as of 11/4/20264:00 PM ET · End-of-day
| Returns | 1D | 1M | 3M | YTD | 1Y | 3Y | 5Y | MAX |
|---|---|---|---|---|---|---|---|---|
| Total return | +1.1% | +6.9% | +5.0% | +10.3% | +12.0% | — | — | +12.0% |
| Peer average | +1.0% | −3.1% | +2.4% | +9.1% | +8.8% | +51.6% | +24.8% | — |
| S&P 500 · VOO | +1.6% | −1.6% | 0.0% | +13.4% | +13.5% | +91.7% | +81.2% | — |
Key Statistics
Open all fund facts →- AUM
- $321M
- Expense ratio
- 0.34%
- Distribution yield
- 11.5%
- NAV
- $23.18
- Volume
- 90K
- Avg. volume 30D
- 55K
- High today
- $23.55
- Low today
- $23.37
- Previous close
- $23.26
- 52-week high
- $24.26
- 52-week low
- $21.73
- Our risk indicator
- 3/5
TCAL in One Breath
TCAL Among Premium Income ETFs
YTDEnd-of-day Nov 5, 2026 · 75 Premium income ETFs by YTD
$10,000 in TCAL
5Y$10,000 in TCAL became
$11,200
In the S&P 500 (VOO)
$13,759
Total return, dividends in · Mar 27, 2025 – Nov 4, 2026 · S&P 500 uses VOO
TCAL’s Top Holdings
TodayVLTOVeralto 011.9%MA.BA1.9%ABT1.8%MSFT.NE1.7%GEHC1.6%AMZN.NE1.6%IEX1.6%LMT.BA1.5%DTE1.5%DHR1.5%AME1.5%TDY1.5%TSM1.4%ANET1.4%NOC1.4%XOM.MX1.4%WCN.TO1.4%AMD.BA1.4%GILD.TO1.4%WAT1.3%BDX.SW1.3%SPXC1.3%
VLTOVeralto 011.9%MA.BA1.9%ABT1.8%MSFT.NE1.7%GEHC1.6%AMZN.NE1.6%IEX1.6%LMT.BA1.5%DTE1.5%DHR1.5%AME1.5%TDY1.5%
HealthcareIndustrialsTechnologyFinancial ServicesUtilitiesOther
T. Rowe Price TCAL · 70 holdings · top 22 shown · tile size = share of the fund · as of Nov 4, 2026
What TCAL Holds
TodayHealthcare23.1%
ABT 1.8 · GEHC 1.6 · DHR 1.5 · GILD.TO 1.4 · WAT 1.3 · BDX.SW 1.3 · MDT 1.3
Industrials17.6%
VLTO 1.9 · IEX 1.6 · LMT.BA 1.5 · AME 1.5 · NOC 1.4 · WCN.TO 1.4 · RSG 1.3
Technology14.4%
MSFT.NE 1.7 · TDY 1.5 · TSM 1.4 · ANET 1.4 · AMD.BA 1.4 · NVDA.NE 1.3 · SNPS 1.2
Financial Services14.2%
MA.BA 1.9 · SPGI 1.3 · MSCI 1.3 · ICE 1.2 · V.BA 1.2 · MRSH 1.2 · WTW 1.0
Utilities10.1%
DTE 1.5 · ETR 1.2 · DUK 1.2 · SO 1.0 · NI 1.0 · PPL · CNP
Consumer Defensive8.9%
COST.BA 1.1 · KDP · CHD · WMT.TO · PG · KO.BA · USFD
Consumer Cyclical6.8%
AMZN.NE 1.6 · MCD.BA 1.2 · YUM 1.1 · SCI · HD.NE
T. Rowe Price TCAL · share of the fund by sector · as of Nov 4, 2026
Veralto’s Share of TCAL
Today1.9%
$19 of every $1,000 in TCAL is Veralto
Veralto held by TCAL
$6.3M
T. Rowe Price TCAL · each square = $10 of $1,000 · as of Nov 4, 2026
TCAL’s Share of Premium Income ETFs
Today0.3%
of the $114B in 91 Premium income ETFs
$321M0.3%
$46.0B40.5%
$41.8B36.7%
$25.6B22.5%
Premium income ETF AUM · Nov 5, 2026
TCAL Fee per $100 vs Peers
TodayExpense ratio · Premium income peers · Nov 5, 2026
Inside TCAL
70 holdings · as of Nov 4, 2026TCAL
T. Rowe Price Capital Appreciation Premium Income ETF
TodayHealthcare23.1%ABTGEHCDHRGILD.TWATBDX.SWMDTIDXXASNDJNJ.TOCAHCORTMO.TDXCM8 moreIndustrials17.6%VLTO1.9%IEXLMT.BAAMENOCWCN.TORSGWMTDGCTASFERGRTX.BAITWLHX2 moreTechnology14.4%MSFT.NTDYTSMANETAMD.BANVDA.NSNPSFTVCSCOMSIBSYADPFinancial Services14.2%MA.BASPGIMSCIICEV.BAMRSHWTWAJGJPM.NEMS.TOCBTRUCMEUtilities10.1%DTEETRDUKSONIPPLCNPAEEWECEXCCMSConsumer Defensive8.9%COST.BKDPCHDWMT.TPGKO.BAUSFDPEP.BMDLZCLConsumer Cyclical6.8%AMZN.NMCD.BAYUMSCIHD.NECommunication Services3.0%META.NFLX.DASHXOM.MXEXEBasic Materials3.3%SPXCVMCMSGKSBUX.
Healthcare23.1%ABTGEHCDHRGILD.WATBDX.S16 moreIndustrials17.6%VLTOIEXLMT.BAAMENOCWCN.T10 moreTechnology14.4%MSFT.NTDYTSMANETAMD.BANVDA.N6 moreFinancial Services14.2%MA.BASPGIMSCIICEV.BAMRSH7 moreUtilities10.1%DTEETRDUKSONI5 moreConsumer Defensive8.9%COST.KDPCHDWMT.TPG5 moreConsumer Cyclical6.8%AMZN.NMCD.BYUMSCIHD.NECommunication Services3.0%XOM.MXEXESPXCVMC
| # | Ticker | Company | Weight ▼ |
|---|---|---|---|
| 1 | VLTO | Veralto 01 | 1.95% |
| 2 | MA.BA | Mastercard A 0001 | 1.89% |
| 3 | ABT | Abbott Laboratories | 1.75% |
| 4 | MSFT.NE | Microsoft 00000625 | 1.69% |
| 5 | GEHC | GE Healthcare Technology 01 | 1.63% |
| 6 | AMZN.NE | Amazon. 01 | 1.60% |
| 7 | IEX | Idex 01 | 1.59% |
| 8 | LMT.BA | Lockheed Martin Usd1.0 | 1.54% |
| 9 | DTE | DTE Energy Company | 1.49% |
| 10 | DHR | Danaher 01 | 1.47% |
HealthcareIndustrialsTechnologyFinancial ServicesUtilitiesConsumer DefensiveConsumer CyclicalCommunication ServicesEnergyBasic MaterialsOther
T. Rowe Price TCAL · current holdings by weight · as of Nov 4, 2026 · each tile is one holding · top 20 = 30.6%
How It Compares
TCAL
T. Rowe Price Capital Appreciation Premium Income ETF’s Peers
YTDPremium income peers · YTD and past-year returns · as of Nov 5, 2026 · sorted by AUM
Head to Head
Put TCAL head to head with JEPI →JEPI vs TCAL
YTDYear to date
TCAL wins+1.5 pts
Past year
TCAL wins+0.1 pts
Fee
TCAL winslower fee
Yield
TCAL wins+3.7 pts
AUM
JEPI143.3× more
4–0TCAL wins
J.P. Morgan JEPI and T. Rowe Price TCAL · year-to-date · as of Nov 5, 2026 · AUM not scored
TCAL vs VOO
YTDTCAL · T. Rowe Price Capital Appreciation Premium Income
+10.3%
VOO · S&P 500
+13.4%
Gap
3.1 pts
T. Rowe Price TCAL and Vanguard VOO · YTD total return · as of Nov 5, 2026
TCAL vs Its Peer Average
YTDTCALAvsBPeer average
1D+1.1%+1.0%
1M+6.9%−3.1%
3M+5.0%+2.4%
YTD+10.3%+9.1%
1Y+12.0%+8.8%
3Y[…]+51.6%
5Y[…]+24.8%
5–0TCAL wins
90 Premium income peers · each row scaled to its leader
The Details
TCAL
Risk
1Y3/5our risk indicator
CalmerBumpier
Volatility · 1Y10.11%
Deepest drop · 1Y−7.0%
Lowest point · 5Y−3.2%
52-week range
$23.52
$21.73−3.1% from the high$24.26
T. Rowe Price TCAL · past-year price moves · as of Nov 5, 2026
TCAL
Fund Facts
Today2025launched Mar 26
Tracks[…]
Exchange · CUSIPAMEX · 87283Q784
StructureETF
Leverage1x
Cost on $10,000$34 a year
Go deeper
T. Rowe Price TCAL · fund facts · as of Nov 5, 2026
TCAL
Payouts by Year
2Y$0.26per share, Oct 2026
Distribution yield11.5%
PaidEvery month
Latest ex-date · paidOct 30 · Nov 3, 2026
12 payouts added up$2.50 a share
T. Rowe Price TCAL · distributions by ex-date · 2025–2026
All Fund FactsDocuments · trading · fees · every payout
Prospectus & Documents
SEC reported portfolio · 2026-06-30 ↗SEC reported portfolio · 2026-03-31 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2025-12-31 ↗annual report · SEC N-CSR ↗SEC reported portfolio · 2025-09-30 ↗SEC reported portfolio · 2025-06-30 ↗SEC reported portfolio · 2025-03-31 ↗summary prospectus · SEC 497K ↗summary prospectus · SEC 497K ↗summary prospectus · SEC 497K ↗
Trading & Liquidity
Net asset value$23.18
Premium / discount[…]
Median spread · 30D[…]
Volume today90K
Average volume · 30D55K
Shares outstanding[…]
Options[…]
Fees & Costs
Net expense ratio0.34%
Gross expense ratio[…]
Management fee[…]
Cost on $10,000 a year$34.00
Our risk indicator3/5
Estimated yearly cost excludes trading costs and assumes constant assets.
Distributions
| Ex-date | Paid | Per share |
|---|---|---|
| Oct 30, 2026 | Nov 3, 2026 | $0.26 |
| Sep 30, 2026 | Oct 2, 2026 | $0.18 |
| Aug 31, 2026 | Sep 2, 2026 | $0.17 |
| Jul 31, 2026 | Aug 4, 2026 | $0.25 |
| Jun 30, 2026 | […] | $0.18 |
| Jun 25, 2026 | Jun 29, 2026 | $0.18 |
| May 26, 2026 | May 28, 2026 | $0.19 |
| Apr 27, 2026 | Apr 29, 2026 | $0.21 |
| Mar 26, 2026 | Mar 30, 2026 | $0.22 |
| Feb 24, 2026 | Feb 26, 2026 | $0.18 |
| Jan 27, 2026 | Jan 29, 2026 | $0.26 |
| Dec 23, 2025 | Dec 26, 2025 | $0.22 |
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