ACII vs PLA: which paid, and which earned it?

ACII and PLA both write options for income. Innovator Index Autocallable Income Strategy ETF and GraniteShares Autocallable PLTR ETF.

3.8%
ACII cash paid, since launch
6.9%
PLA cash paid, since launch
+1.6%
ACII total return, since launch
+11.1%
PLA total return, since launch
ACII · since launch to Sep 30, 2026About even with SPY
ACII
+1.6%
SPY
+1.6%

About even with SPY

ACII since launch: paid 3.8%, price −2.3%, total +1.6%, SPY +1.6%, +0.1 pts.

SPY

+1.6%

ACII

+1.6%

about even with SPY

Total return, distributions reinvested

About even with SPY

ACII since launch: paid 3.8%, price −2.3%, total +1.6%, SPY +1.6%, +0.1 pts.

SPY

+1.6%

ACII

+1.6%

about even with SPY

3.8% of it arrived as cash. Total return, distributions reinvested. ACII since launch: paid 3.8%, price −2.3%, total +1.6%, SPY +1.6%, +0.1 pts.

PLA · since launch to Sep 30, 202627.2 pts behind PLTR
PLA
+11.1%
PLTR
+38.3%

27.2 pts behind PLTR

PLA since launch: paid 6.9%, price +3.7%, total +11.1%, PLTR +38.3%, −27.2 pts.

PLTR

+38.3%

PLA

+11.1%

6.9% as cash

27.2 pts behind PLTR

Total return, distributions reinvested

27.2 pts behind PLTR

PLA since launch: paid 6.9%, price +3.7%, total +11.1%, PLTR +38.3%, −27.2 pts.

PLTR

+38.3%

PLA

+11.1%

27.2 pts behind PLTR

6.9% of it arrived as cash. Both charts share one scale, 0 to +38.3%. PLA since launch: paid 6.9%, price +3.7%, total +11.1%, PLTR +38.3%, −27.2 pts.

Performance, window by window

Total returnCash paidAgainst the benchmark
WindowACIIPLAACIIPLAACIIPLA
3 months+1.7%+11.5%2.4%3.5%−0.8 pts−37.2 pts
Since launch
ACII May 2026 · PLA May 2026
+1.6%+11.1%3.8%6.9%+0.1 pts−27.2 pts

ACII and PLA over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

ACII
Innovator Index Autocallable Income Strategy ETF · Autocallable on SPY, paying monthly
PLA
GraniteShares Autocallable PLTR ETF · Autocallable on PLTR, paying monthly
Issuer Innovator GraniteShares
Strategy autocallable autocallable
Benchmark S&P 500 (SPY), used as a default proxy Palantir (PLTR)
Pays monthly monthly
Payout rate, annualized 9.8% 19.3%
Expense ratio 0.79% 1.07%
Cash paid, 1 year 3.8% (since launch on May 28, 2026) 6.9% (since launch on May 19, 2026)
Price change, 1 year −2.3% +3.7%
Total return, 1 year +1.6% (since launch on May 28, 2026) +11.1% (since launch on May 19, 2026)
Benchmark return, 1 year +1.6% +38.3%
Ahead or behind +0.1 pts −27.2 pts
Return of capital, latest estimate not published 0%
Age 125 days 134 days
Net assets $136m $4m

ACII and PLA on the same fields, as of Sep 30, 2026. Source: ETFIQ.

ACII in plain words

Over the period since launch on May 28, 2026 to Sep 30, 2026, ACII paid 3.8% of its starting value in cash distributions while its price fell 2.3%. With every distribution reinvested, the fund returned +1.6%. S&P 500 (SPY), used as a default proxy returned +1.6% over the same days, so a holder was about even. At its price on Sep 30, 2026 the latest distribution annualizes to 9.8%, paid monthly.

PLA in plain words

Over the period since launch on May 19, 2026 to Sep 30, 2026, PLA paid 6.9% of its starting value in cash distributions while its price rose 3.7%. With every distribution reinvested, the fund returned +11.1%. Palantir (PLTR) returned +38.3% over the same days, so a holder was behind by 27.2 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 19.3%, paid monthly. GraniteShares estimates that 0% of the distribution paid Sep 11, 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, ACII or PLA?
ACII charges 0.79% a year and PLA charges 1.07%, so ACII is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, ACII against PLA, data as of Sep 30, 2026. https://etfiq.com/compare/income/acii-vs-pla

Open data

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