ACEI vs MSR: which paid, and which earned it?
ACEI and MSR both write options for income. Innovator Equity Autocallable Income Strategy ETF and GraniteShares Autocallable MSTR ETF.
9.8 pts behind SPY
ACEI over 1 year: paid 11.1%, price −5.7%, total +5.9%, SPY +15.7%, −9.8 pts.
SPY
+15.7%
ACEI
+5.9%
9.8 pts behind SPY
Total return, distributions reinvested
9.8 pts behind SPY
ACEI over 1 year: paid 11.1%, price −5.7%, total +5.9%, SPY +15.7%, −9.8 pts.
SPY
+15.7%
ACEI
+5.9%
9.8 pts behind SPY
11.1% of it arrived as cash. Total return, distributions reinvested. ACEI over 1 year: paid 11.1%, price −5.7%, total +5.9%, SPY +15.7%, −9.8 pts.
16.6 pts behind MSTR
MSR since launch: paid 5.2%, price −38.4%, total −33.6%, MSTR −17.0%, −16.6 pts.
MSTR
−17.0%
MSR
−33.6%
16.6 pts behind MSTR
Total return, distributions reinvested
16.6 pts behind MSTR
MSR since launch: paid 5.2%, price −38.4%, total −33.6%, MSTR −17.0%, −16.6 pts.
MSTR
−17.0%
MSR
−33.6%
16.6 pts behind MSTR
5.2% of it arrived as cash. Both charts share one scale, 0 to +15.7%. MSR since launch: paid 5.2%, price −38.4%, total −33.6%, MSTR −17.0%, −16.6 pts.
What they hold in common
By the books each fund has filed, ACEI and MSR hold 100% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Jun 30, 2026.
half
100% in common
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.
Performance, window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | ACEI | MSR | ACEI | MSR | ACEI | MSR |
| 3 months | +5.4% | +14.9% | 3.3% | 4.1% | +2.8 pts | −49.0 pts |
| 6 months | +5.6% | not published | 6.5% | not published | −11.4 pts | not published |
| 1 year | +5.9% | not published | 11.1% | not published | −9.8 pts | not published |
| Since launch ACEI Sep 2025 · MSR May 2026 | +6.0% | −33.6% | 11.1% | 5.2% | −11.2 pts | −16.6 pts |
ACEI and MSR over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →
On the same fields
ACEI and MSR on the same fields, as of Sep 30, 2026. Source: ETFIQ.
ACEI in plain words
Over the year to Sep 30, 2026, ACEI paid 11.1% of its starting value in cash distributions while its price fell 5.7%. With every distribution reinvested, the fund returned +5.9%. S&P 500 (SPY), used as a default proxy returned +15.7% over the same days, so a holder was behind by 9.8 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 13.0%, paid monthly.
MSR in plain words
Over the period since launch on May 12, 2026 to Sep 30, 2026, MSR paid 5.2% of its starting value in cash distributions while its price fell 38.4%. With every distribution reinvested, the fund returned −33.6%. MicroStrategy (MSTR) returned −17.0% over the same days, so a holder was behind by 16.6 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 44.3%, paid periodically. GraniteShares estimates that 0% of the distribution paid Jun 5, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.
ETFIQ, ACEI against MSR, data as of Sep 30, 2026. https://etfiq.com/compare/income/acei-vs-msr
Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.
Cite this page. ETFIQ, ACEI against MSR, data as of Sep 30, 2026. https://etfiq.com/compare/income/acei-vs-msr Free to use with attribution; the underlying files are at Open data.
Other forms
- Plain
- ETFIQ, ACEI against MSR, data as of Sep 30, 2026. https://etfiq.com/compare/income/acei-vs-msr
- APA
- ETFIQ. (Sep 30, 2026). ACEI against MSR. Retrieved from https://etfiq.com/compare/income/acei-vs-msr
- Markdown
- [ACEI against MSR (ETFIQ, Sep 30, 2026)](https://etfiq.com/compare/income/acei-vs-msr)