Which is cheaper, ACRT or IACL?

ACRT charges 0.72% a year and IACL charges 0.55%, so IACL is cheaper. Fees come from each fund's prospectus.

ACRT vs IACL: which paid, and which earned it?

ACRT and IACL both write options for income. ProShares Russell 2000 Autocallable Income ETF and GraniteShares US 100 Autocallable Income ETF.

0.0%

ACRT cash paid, since launch

0.4%

IACL cash paid, since launch

−8.7%

ACRT total return, since launch

+1.1%

IACL total return, since launch

ACRT · since launch to Sep 30, 2026About even with IWM

ACRT

−8.7%

IWM

−8.7%

About even with IWM

ACRT since launch: paid 0.0%, price −8.7%, total −8.7%, IWM −8.7%, 0.0 pts.

IWM

−8.7%

ACRT

−8.7%

about even with IWM

Total return, distributions reinvested

About even with IWM

ACRT since launch: paid 0.0%, price −8.7%, total −8.7%, IWM −8.7%, 0.0 pts.

IWM

−8.7%

ACRT

−8.7%

about even with IWM

0.0% of it arrived as cash. Total return, distributions reinvested. ACRT since launch: paid 0.0%, price −8.7%, total −8.7%, IWM −8.7%, 0.0 pts.

IACL · since launch to Sep 30, 20261.4 pts ahead of SPY

IACL

+1.1%

SPY

−0.4%

1.4 pts ahead of SPY

IACL since launch: paid 0.4%, price +0.7%, total +1.1%, SPY −0.4%, +1.4 pts.

SPY

−0.4%

IACL

+1.1%

1.4 pts ahead of SPY

Total return, distributions reinvested

1.4 pts ahead of SPY

IACL since launch: paid 0.4%, price +0.7%, total +1.1%, SPY −0.4%, +1.4 pts.

SPY

−0.4%

IACL

+1.1%

1.4 pts ahead of SPY

0.4% of it arrived as cash. Both charts share one scale, 0 to +1.1%. IACL since launch: paid 0.4%, price +0.7%, total +1.1%, SPY −0.4%, +1.4 pts.

Performance, window by window

	Total return		Cash paid		Against the benchmark
Window	ACRT	IACL	ACRT	IACL	ACRT	IACL
Since launch ACRT Aug 2026 · IACL Aug 2026	−8.7%	+1.1%	0.0%	0.4%	0.0 pts	+1.4 pts

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

On the same fields

ACRT

ProShares Russell 2000 Autocallable Income ETF · Autocallable on IWM

IACL

GraniteShares US 100 Autocallable Income ETF · Autocallable on SPY

Issuer ProShares GraniteShares

Strategy autocallable autocallable

Benchmark Russell 2000 (IWM) S&P 500 (SPY), used as a default proxy

Pays not established not established

Payout rate, annualized not published 5.0%

Expense ratio 0.72% 0.55%

Cash paid, 1 year 0.0% (since launch on Aug 14, 2026) 0.4% (since launch on Aug 18, 2026)

Price change, 1 year −8.7% +0.7%

Total return, 1 year −8.7% (since launch on Aug 14, 2026) +1.1% (since launch on Aug 18, 2026)

Benchmark return, 1 year −8.7% −0.4%

Ahead or behind 0.0 pts +1.4 pts

Return of capital, latest estimate not published 99%

Age 47 days 43 days

Net assets $1m $3m

ACRT and IACL on the same fields, as of Sep 30, 2026. Source: ETFIQ.

ACRT in plain words

Over the period since launch on Aug 14, 2026 to Sep 30, 2026, ACRT paid 0.0% of its starting value in cash distributions while its price fell 8.7%. With every distribution reinvested, the fund returned −8.7%. Russell 2000 (IWM) returned −8.7% over the same days, so a holder was about even.

IACL in plain words

Over the period since launch on Aug 18, 2026 to Sep 30, 2026, IACL paid 0.4% of its starting value in cash distributions while its price rose 0.7%. With every distribution reinvested, the fund returned +1.1%. S&P 500 (SPY), used as a default proxy returned −0.4% over the same days, so a holder was ahead by 1.4 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 5.0%, paid periodically. GraniteShares estimates that 99% 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, ACRT or IACL?: ACRT charges 0.72% a year and IACL charges 0.55%, so IACL is cheaper. Fees come from each fund's prospectus.

Other comparisons

ACRT vs ANV ACRT vs APRH ACRT vs APRJ ACRT vs ATC IACL vs SCA IACL vs TLA IACL vs ACSP IACL vs ACYN

Russell 2000 (IWM) →S&P 500 (SPY) →ACRT on its own →IACL on its own →How every figure is computed →Standards and sources →

Where these figures came from

ACRT filings on SEC EDGAR ↗ACRT prospectus with the expense ratio (SEC) ↗ProShares page for ACRT ↗IACL filings on SEC EDGAR ↗IACL prospectus with the expense ratio (SEC) ↗IACL 19a-1 distribution notice ↗GraniteShares page for IACL ↗

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.

Cite this page

ETFIQ, ACRT against IACL, data as of Sep 30, 2026. https://etfiq.com/compare/income/acrt-vs-iacl

Open data

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