# TCAL ETF returns, drawdowns and dividends

> TCAL (T. Rowe Price Capital Appreciation Premium Income ETF): 1-year total return +6.30%, price return -5.65%, max drawdown 11.23%, trailing yield 11.86%. Daily data through Oct. 26, 2026.

Source: https://findetfstock.com/etf/tcal/ · Prices through: 2026-10-26 · Data: Yahoo Finance daily closes and ex-dividend amounts

T. Rowe Price Capital Appreciation Premium Income ETF (option income ETF). Total assets: $298M, average daily dollar volume $1.9M (3 months), as of 2026-10-26 (Yahoo Finance; fund net assets, all share classes).

TCAL gained 6.30% over the past year with dividends reinvested (-5.65% on price alone), based on closing prices through Oct. 26, 2026. Its largest fall from a peak over the past year was 11.23%, and it closed 8.20% below its highest close since March 27, 2025 ($25.28 on April 2, 2025). It pays dividends monthly: $2.75 per share over the last 12 months, a trailing yield of 11.86%. 

## Returns by period

| Period | Since | Total return | Price return |
|---|---|---|---|
| 1 month | 2026-09-25 | +5.26% | +4.41% |
| 3 months | 2026-07-24 | +5.33% | +2.56% |
| 6 months | 2026-04-24 | +8.51% | +2.11% |
| Year to date | 2025-12-31 | +7.63% | -1.53% |
| 1 year | 2025-10-24 | +6.30% | -5.65% |
| 3 years | – | – | – |
| Since first close | 2025-03-27 | +9.36% (+5.82%/yr) | -7.70% (-4.94%/yr) |

Total return reinvests every dividend at the ex-dividend date close. Price return excludes dividends.

## Did the payouts keep up with the price?

Over the past year TCAL paid out 11.19% of its starting price in distributions, while its price changed -5.65%. Reinvesting every payment gave a total return of +6.30%. The share price fell, but the payouts more than made up for it.

## Calendar-year returns

| Year | Total return | Price return |
|---|---|---|
| 2026 (year to date) | +7.63% | -1.53% |

## Drawdowns

| Measure | Value |
|---|---|
| Max drawdown, 1 year | 11.23% |
| Max drawdown, 3 years | 13.74% |
| Max drawdown, 5 years | 13.74% |
| Highest close since 2025-03-27 | $25.28 on 2025-04-02 (-8.20% from there) |
| 52-week closing range | $21.81 to $24.60 |

Deepest fall in the stored history: 13.74%, from 2025-04-02 to 2026-06-02, not yet recovered.

## Dividends

Trailing 12 months: $2.75 per share in 13 payments, yield 11.86%. Last ex-dividend date: 2026-09-30 ($0.18).

| Year | Dividends per share | Payments |
|---|---|---|
| 2026 (so far) | $2.02 | 10 |

Historical data for research and education, not investment advice. Methodology: https://findetfstock.com/methodology/