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IINC vs TCAL

Alki Consolidated Income ETF

IINCANYSE Arca

T. Rowe Price Capital Appreciation Premium Income ETF

TCALANYSE Arca

Overlap

Expense ratio

TCAL −0.41pt a year

IINC0.75%TCAL0.34%

Avg volume · 30D

TCAL 3.3×the volume

IINC23.9KTCAL79.7K

IINC vs TCAL Performance

Jul 31, 2026 – Oct 30, 2026

+2.0%IINC+4.8%TCAL

Jul 31, 2026 to Oct 30, 2026. IINC +2.0%. TCAL +4.8%. Use the arrow keys to read each point.−2%0%Jul 2026Sep 2026Oct 2026
Expense ratio
IINC 0.75%
TCAL 0.34%, better
Fund size
IINC $36M
TCAL $319M
1Y total return
IINC No data
TCAL +9.2%
Yield (12M)
IINC No data
TCAL 11.73%
Holdings
IINC 45
TCAL 106
Avg volume (30D)
IINC 23.9K sh
TCAL 79.7K sh, better
NAV per share
IINC $25.60
TCAL $23.06
52W range

ETF.net Grade

IINC: Cost 72, Risk 92, Mission not scored, Tradability 75, Holdings not scored, Durability 37. TCAL: Cost 97, Risk 64, Mission not scored, Tradability 58, Holdings 87, Durability 84.
Pillar letters and Scores for IINC, TCAL, with each pillar’s weight
PillarIINCTCAL
Cost30% weightA72A97Higher
Mission25% weightNot scoredNot scored
Risk15% weightA92HigherB64
Tradability15% weightA75HigherB58
Holdings10% weightNot scoredA87
Durability5% weightD37A84Higher

Rank among Active Option Income funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. IINC and TCAL 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 ›

TCAL ranks 2nd and IINC 6th of 50 funds in the Active Option Income Category.

  1. Rank 1ARECIColumbia Research Enhanced Core Premium Income ETScore 83
  2. Rank 2ATCALT. Rowe Price Capital Appreciation Premium Income ETFScore 80
  3. Rank 2AYLDEFranklin ClearBridge Enhanced Income ETFScore 80
  4. Rank 6AACIOAptus Collared Income Opportunity ETFScore 74
  5. Rank 6AIINCAlki Consolidated Income ETFScore 74
  6. Rank 6ASEPIShelton Equity Premium Income ETFScore 74

Our read on each fund

ETF.net Research

IINCAAlki Consolidated Income ETF

TCALAT. Rowe Price Capital Appreciation Premium Income ETF

In short

IINC No data

TCAL An active stock picker's take on the covered-call trade: roughly 70 hand-chosen holdings, calls written on top, cash paid out monthly, all for 0.34% a year.

Stated mandate

IINC No data

TCAL The fund seeks regular distributions while aiming to preserve capital and potentially achieve capital appreciation. It invests in equities and writes covered calls to generate cash flow alongside dividends.

Why people hold it

IINC No data

  • TCAL At 0.34% a year, it undercuts most active options-income funds, including DIVO at 0.56%, so more of the option premium stays in the portfolio instead of the fee line.
  • Active all the way down: roughly 70 equities picked by T. Rowe Price, with covered calls layered on to generate cash alongside dividends. No index sitting underneath.
  • Pays monthly, and the stated mandate ties those distributions to preserving capital and seeking appreciation rather than maximizing headline yield.
  • Ranks among the strongest implementations in a crowded options-income field, with cost the clearest edge.

Worth knowing

IINC No data

  • TCAL Written calls trade upside for cash. When the stock picks run hard, the calls limit how much of that move the fund keeps.
  • Launched in 2025, so there is no full market-cycle record to judge the strategy against yet.
  • The fund discloses that distributions can include return of capital, meaning part of a payout may be your own money coming back rather than income earned.

Full IINC profile⁠

Full TCAL profile⁠

IINC vs TCAL 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.

IINC vs TCAL Cost

Overpaying IINC vs TCAL

$7,550

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

  • IINC 0.75%

    $14,482

  • TCAL 0.34%

    $6,932

$10,000
30 years

Cost over time

  • IINC 0.75%
  • TCAL 0.34%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530IINC $14,482TCAL $6,932

Year by year

YearIINCTCALOverpaying
10$1,336$616$720
20$5,078$2,386$2,692
30$14,482$6,932$7,550

Expense ratio

  • 0.75%IINC
  • 0.34%TCAL, cheaper
  • Middle half of Active Option Income funds
  • Median 0.95%

TCAL 2nd cheapest of 50 funds

IINC 14th cheapest of 50 funds

IINC vs TCAL Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
IINC No data
TCAL 11.73%
Payout (12M)
IINC No data
TCAL $2.71
Last payment
IINC $0.21
TCAL $0.26
Ex-dividend
IINC Oct 29, 2026
TCAL Oct 30, 2026
Paid on
IINC Oct 30, 2026
TCAL Pays Nov 3, 2026
Frequency
IINC Monthly
TCAL Monthly

Distribution history

Per share, 2025 to 2026, same scale for both

IINCMonthly · 4 paymentsAll IINC payments⁠
One bar per payment. 4 payments from 2025 to 2026 YTD. Jul 30, 2026 $0.22; Aug 28, 2026 $0.22; Sep 29, 2026 $0.21; Oct 29, 2026 $0.21. Use the arrow keys to read each point.$0$0.252026YTD
TCALMonthly · 20 paymentsAll TCAL payments⁠
One bar per payment. 20 payments from 2025 to 2026 YTD. Apr 25, 2025 $0.17; May 27, 2025 $0.24; Jun 25, 2025 $0.22; Jul 28, 2025 $0.20; Aug 26, 2025 $0.20; Sep 25, 2025 $0.20; Oct 28, 2025 $0.30; Nov 24, 2025 $0.21; Dec 23, 2025 $0.22; Jan 27, 2026 $0.26; Feb 24, 2026 $0.18; Mar 26, 2026 $0.22; Apr 27, 2026 $0.21; May 26, 2026 $0.19; Jun 25, 2026 $0.18; Jun 30, 2026 $0.18; Jul 31, 2026 $0.25; Aug 31, 2026 $0.17; Sep 30, 2026 $0.18; Oct 30, 2026 $0.26. Use the arrow keys to read each point.$0$0.252026YTD

IINC vs TCAL Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
IINC No dataTCAL 9.4%since Apr 2025
Return per unit of riskSharpe ratio, 3 years
IINC No dataTCAL 0.24since Apr 2025
Worst fallMax drawdown, 5 years
IINC No dataTCAL −7.2%since Mar 2025
Market sensitivityBeta, 5 years
IINC 1.38TCAL 0.20

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