Is PWGAX or RYLD a better dividend investment in 2026?

PWGAX currently yields 12.51% with a 5% 5-year dividend growth rate. RYLD yields 12.14% with 5% growth. The better choice depends on your goal: PWGAX offers higher current income.

What is the dividend yield difference between PWGAX and RYLD?

PWGAX has a forward dividend yield of 12.51% ($2.40/share annually). RYLD yields 12.14% ($1.81/share annually). The yield gap is 0.37 percentage points.

Home › Compare › PWGAX vs RYLD

PWGAX vs RYLD: Dividend Comparison 2026

PWGAX yields 12.51% · RYLD yields 12.14%● Live data

vsPost on X →

After 10 years · $10,000 invested · DRIP enabled

🏆 PWGAX wins by $1.1K in total portfolio value

INVESTMENT

TIME HORIZON10 years

PWGAX

● Live price

12.51%

Share price

$19.22

Annual div

$2.40

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$45.6K

Annual income

$2,727.85

Full PWGAX calculator →

RYLD

● Live price

12.14%

Share price

$14.95

Annual div

$1.81

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$44.5K

Annual income

$2,587.35

Full RYLD calculator →

Portfolio growth — PWGAX vs RYLD

📍 PWGAX pulled ahead of the other in Year 1

Annual dividend income

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Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis Period	PWGAX	RYLD
2008–2009 GFC	— No data	— No data
2020 Q1–Q2 COVID	— No data	— No data
2022 Q4 Rate Hike	— No data	— No data

Based on dividend payment history. "Increased" = dividend grew during crisis. "Maintained" = held within 3%. "Cut" = reduced by more than 3%.

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Dividend Calendar Overlap

Combined, PWGAX + RYLD cover 0 of 12 months — good coverage

Jan

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Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

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PWGAX pays

RYLD pays

Both pay

Neither

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Tax Bracket Optimizer

Which stock is actually better after tax? Adjust your rate to find out.

PWGAX

Annual income on $10K today (after 15% tax)

$1,063.52/yr

After 10yr DRIP, annual income (after tax)

$2,318.67/yr

RYLD

Annual income on $10K today (after 15% tax)

$1,031.60/yr

After 10yr DRIP, annual income (after tax)

$2,199.25/yr

At 15% tax rate, PWGAX beats the other by $119.42/year in after-tax income after 10 years on $10,000

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Lazy Portfolio Split Optimizer

What's the optimal mix of PWGAX + RYLD for your $10,000?

PWGAX: 50%RYLD: 50%

100% RYLD50/50100% PWGAX

Portfolio after 10yr

$45.1K

Annual income

$2,657.60/yr

Blended yield

5.90%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

PWGAX buys

RYLD buys

No recent congressional trades found for PWGAX or RYLD in the last 90 days.

STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →

MetricPWGAXRYLD

Forward yield	12.51% ✓	12.14%
Annual dividend / share	$2.40 ✓	$1.81
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	0%
Portfolio after 10y	$45.6K ✓	$44.5K
Annual income after 10y	$2,727.85 ✓	$2,587.35
Total dividends collected	$19.7K ✓	$18.8K
Payment frequency	quarterly	quarterly
Sector	Stock	ETF

Year-by-year: PWGAX vs RYLD ($10,000, DRIP)

Year	PWGAX Portfolio	PWGAX Income/yr	RYLD Portfolio	RYLD Income/yr	Gap
1← crossover	$11,951	$1,251.20	$11,914	$1,213.65	+$37.00 → PWGAX
2	$14,185	$1,397.50	$14,099	$1,351.30	+$86.00 → PWGAX
3	$16,728	$1,550.23	$16,580	$1,494.55	+$148.00 → PWGAX
4	$19,608	$1,708.56	$19,384	$1,642.61	+$224.00 → PWGAX
5	$22,852	$1,871.65	$22,535	$1,794.70	+$317.00 → PWGAX
6	$26,491	$2,038.62	$26,063	$1,950.00	+$428.00 → PWGAX
7	$30,553	$2,208.58	$29,995	$2,107.69	+$558.00 → PWGAX
8	$35,073	$2,380.67	$34,361	$2,266.99	+$712.00 → PWGAX
9	$40,082	$2,554.03	$39,194	$2,427.12	+$888.00 → PWGAX
10	$45,616	$2,727.85	$44,525	$2,587.35	+$1.1K → PWGAX

PWGAX vs RYLD: Complete Analysis 2026

PWGAX — Stock

The fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in equity securities. It invests primarily in stocks of companies that are domiciled in developed foreign countries and principally traded in Japanese, European, Pacific and Australian securities markets or traded in U.S. securities markets. Such investments may include common stocks, which may or may not pay dividends, and securities convertible into common stocks, of companies domiciled outside the U.S.

Full PWGAX Calculator →

RYLD — ETF

The Global X Russell 2000 Covered Call ETF (RYLD) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe Russell 2000 BuyWrite Index.

Full RYLD Calculator →

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⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.