ACEI vs TLA: which paid, and which earned it?

ACEI and TLA both write options for income. Innovator Equity Autocallable Income Strategy ETF and GraniteShares Autocallable TSLA ETF.

11.1%
ACEI cash paid, 1 year
11.1%
TLA cash paid, since launch
+5.9%
ACEI total return, 1 year
+10.4%
TLA total return, since launch
ACEI · 1 year to Sep 30, 20269.8 pts behind SPY
ACEI
+5.9%
SPY
+15.7%

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%

11.1% as cash

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.

TLA · since launch to Sep 30, 202626.3 pts ahead of TSLA
TLA
+10.4%
TSLA
−15.9%

26.3 pts ahead of TSLA

TLA since launch: paid 11.1%, price −1.4%, total +10.4%, TSLA −15.9%, +26.3 pts.

TSLA

−15.9%

TLA

+10.4%

11.1% of it arrived as cash

26.3 pts ahead of TSLA

Total return, distributions reinvested

26.3 pts ahead of TSLA

TLA since launch: paid 11.1%, price −1.4%, total +10.4%, TSLA −15.9%, +26.3 pts.

TSLA

−15.9%

TLA

+10.4%

26.3 pts ahead of TSLA

11.1% of it arrived as cash. Both charts share one scale, 0 to +15.7%. TLA since launch: paid 11.1%, price −1.4%, total +10.4%, TSLA −15.9%, +26.3 pts.

Performance, window by window

Total returnCash paidAgainst the benchmark
WindowACEITLAACEITLAACEITLA
3 months+5.4%+3.3%3.3%3.1%+2.8 pts+19.9 pts
6 months+5.6%+11.2%6.5%8.2%−11.4 pts+18.1 pts
1 year+5.9%not published11.1%not published−9.8 ptsnot published
Since launch
ACEI Sep 2025 · TLA Feb 2026
+6.0%+10.4%11.1%11.1%−11.2 pts+26.3 pts

ACEI and TLA 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
Innovator Equity Autocallable Income Strategy ETF · Autocallable on SPY, paying monthly
TLA
GraniteShares Autocallable TSLA ETF · Autocallable on TSLA, paying monthly
Issuer Innovator GraniteShares
Strategy autocallable autocallable
Benchmark S&P 500 (SPY), used as a default proxy Tesla (TSLA)
Pays monthly monthly
Payout rate, annualized 13.0% 18.4%
Expense ratio 0.79% 1.07%
Cash paid, 1 year 11.1% 11.1% (since launch on Feb 3, 2026)
Price change, 1 year −5.7% −1.4%
Total return, 1 year +5.9% +10.4% (since launch on Feb 3, 2026)
Benchmark return, 1 year +15.7% −15.9%
Ahead or behind −9.8 pts +26.3 pts
Return of capital, latest estimate not published 4%
Age 370 days 239 days
Net assets $50m $5m

ACEI and TLA 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.

TLA in plain words

Over the period since launch on Feb 3, 2026 to Sep 30, 2026, TLA paid 11.1% of its starting value in cash distributions while its price fell 1.4%. With every distribution reinvested, the fund returned +10.4%. Tesla (TSLA) returned −15.9% over the same days, so a holder was ahead by 26.3 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 18.4%, paid monthly. GraniteShares estimates that 4% 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

Which is cheaper, ACEI or TLA?
ACEI charges 0.79% a year and TLA charges 1.07%, so ACEI is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, ACEI against TLA, data as of Sep 30, 2026. https://etfiq.com/compare/income/acei-vs-tla

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.