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HCOW vs RECI

Amplify COWS Covered Call ETF

HCOWBNasdaq

Columbia Research Enhanced Core Premium Income ET

RECIANYSE Arca

Overlap

Expense ratio

RECI −0.35pt a year

HCOW0.65%RECI0.30%

Avg volume · 30D

RECI 4.1×the volume

HCOW6.89KRECI28K

HCOW vs RECI Performance

Aug 7, 2026 – Nov 9, 2026

+2.1%HCOW+1.9%RECI

Aug 7, 2026 to Nov 9, 2026. HCOW +2.1%. RECI +1.9%. Use the arrow keys to read each point.−8%−6%−4%−2%4%Aug 2026Sep 2026Nov 2026
Expense ratio
HCOW 0.65%
RECI 0.30%, better
Fund size
HCOW $19M
RECI $10M
1Y total return
HCOW +19.8%
RECI No data
Yield (12M)
HCOW 10.90%
RECI No data
Holdings
HCOW 43
RECI 355
Avg volume (30D)
HCOW 6.89K sh
RECI 28K sh, better
NAV per share
HCOW $25.16
RECI $19.98
52W range

ETF.net Grade

HCOW: Cost 81, Risk 52, Mission 75, Tradability 45, Holdings 77, Durability 63. RECI: Cost 100, Risk 75, Mission not scored, Tradability 74, Holdings 59, Durability 45.
Pillar letters and Scores for HCOW, RECI, with each pillar’s weight
PillarHCOWRECI
Cost30% weightA81A100Higher
Mission25% weightA75Not scored
Risk15% weightC52A75Higher
Tradability15% weightC45A74Higher
Holdings10% weightA77HigherB59
Durability5% weightB63HigherC45

Rank among Active Option Income funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. HCOW and RECI are both graded against the same 50 Active Option Income funds, so their Grades compare head to head.

Active Option Income⁠

Category · 50 funds
See all 50 ›

RECI ranks 3rd and HCOW 13th of 50 funds in the Active Option Income Category.

  1. Rank 1ATCALT. Rowe Price Capital Appreciation Premium Income ETFScore 81
  2. Rank 1AYLDEFranklin ClearBridge Enhanced Income ETFScore 81
  3. Rank 3ARECIColumbia Research Enhanced Core Premium Income ETScore 80
  4. Rank 4ARDVIFT Vest Rising Dividend Achievers Target Income ETFScore 77
  5. Rank 12BCTIFCastellan Targeted Income ETFScore 67
  6. Rank 13BHCOWAmplify COWS Covered Call ETFScore 66
  7. Rank 14BCTEFCastellan Targeted Equity ETFScore 65

Our read on each fund

ETF.net Research

HCOWBAmplify COWS Covered Call ETF

RECIAColumbia Research Enhanced Core Premium Income ET

In short

HCOW Most option-income funds write calls on a broad index. HCOW writes them on cash cows: the free-cash-flow-rich dividend payers inside Amplify's COWS strategy, roughly 80 names, with the premium paid out monthly.

RECI No data

Stated mandate

HCOW HCOW seeks current income through equity securities held by the COWS ETF together with written covered call options that reference those securities.

RECI No data

Why people hold it

  • HCOW The call writing sits on top of a screened basket of about 80 cash-flow-focused dividend payers, not a broad market index.amplifyetfs.com
  • 0.65% a year, comfortably under the median fee for actively managed option-income ETFs.
  • The income plan is written down, not improvised: a stated 10% annual target distribution rate, paid monthly.amplifyetfs.com
  • Launched in 2023 and lands in the upper half of a crowded field of active option-income funds on our review.

RECI No data

Worth knowing

  • HCOW Small and thinly traded, so bid-ask spreads can run wider than the category's household names.
  • Covered calls swap away part of any upside in the underlying stocks for premium today. That is the deal.amplifyetfs.com
  • Amplify discloses that distributions may include return of capital, meaning part of a payout can be your own principal coming back.amplifyetfs.com

RECI No data

Full HCOW profile⁠

Full RECI profile⁠

HCOW vs RECI Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

HCOW vs RECI Cost

Overpaying HCOW vs RECI

$6,568

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • HCOW 0.65%

    $12,717

  • RECI 0.30%

    $6,149

$10,000
30 years

Cost over time

  • HCOW 0.65%
  • RECI 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530HCOW $12,717RECI $6,149

Year by year

YearHCOWRECIOverpaying
10$1,163$545$618
20$4,440$2,113$2,327
30$12,717$6,149$6,568

Expense ratio

  • 0.65%HCOW
  • 0.30%RECI, cheaper
  • Middle half of Active Option Income funds
  • Median 0.95%

RECI cheapest of 50 funds

HCOW 10th cheapest of 50 funds

HCOW vs RECI Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
HCOW 10.90%
RECI No data
Payout (12M)
HCOW $2.79
RECI No data
Last payment
HCOW $0.21
RECI $0.14
Ex-dividend
HCOW Oct 29, 2026
RECI Nov 2, 2026
Paid on
HCOW Oct 30, 2026
RECI Nov 4, 2026
Frequency
HCOW Monthly
RECI Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

HCOWMonthly · 37 paymentsAll HCOW payments⁠
One bar per payment. 37 payments from 2023 to 2026 YTD. Oct 27, 2023 $0.17; Nov 28, 2023 $0.17; Dec 27, 2023 $0.17; Jan 29, 2024 $0.17; Feb 27, 2024 $0.17; Mar 26, 2024 $0.18; Apr 26, 2024 $0.18; May 30, 2024 $0.17; Jun 27, 2024 $0.17; Jul 30, 2024 $0.18; Aug 29, 2024 $0.17; Sep 27, 2024 $0.16; Oct 30, 2024 $0.17; Nov 27, 2024 $0.19; Dec 30, 2024 $0.17; Jan 30, 2025 $0.17; Feb 27, 2025 $0.21; Mar 28, 2025 $0.20; Apr 29, 2025 $0.20; May 29, 2025 $0.21; Jun 27, 2025 $0.19; Jul 30, 2025 $0.24; Aug 28, 2025 $0.24; Sep 29, 2025 $0.24; Oct 30, 2025 $0.24; Nov 26, 2025 $0.24; Dec 30, 2025 $0.25; Jan 29, 2026 $0.24; Feb 26, 2026 $0.22; Mar 30, 2026 $0.23; Apr 29, 2026 $0.24; May 28, 2026 $0.24; Jun 29, 2026 $0.24; Jul 30, 2026 $0.25; Aug 28, 2026 $0.22; Sep 29, 2026 $0.20; Oct 29, 2026 $0.21. Use the arrow keys to read each point.$0$0.2520232026YTD
RECIMonthly · 3 paymentsAll RECI payments⁠
One bar per payment. 3 payments from 2023 to 2026 YTD. Sep 1, 2026 $0.14; Oct 1, 2026 $0.14; Nov 2, 2026 $0.14. Use the arrow keys to read each point.$0$0.2520232026YTD

HCOW vs RECI Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
HCOW 15.9%RECI No data
Return per unit of riskSharpe ratio, 3 years
HCOW 0.61RECI No data
Worst fallMax drawdown, 5 years
HCOW −24.1%since Sep 2023RECI No data
Market sensitivityBeta, 5 years
HCOW 0.69RECI 0.83

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