AHD vs CAIQ: which paid, and which earned it?

AHD and CAIQ both write options for income. GraniteShares Autocallable HOOD ETF and Calamos Nasdaq Autocallable Income ETF.

10.1%
AHD cash paid, since launch
13.7%
CAIQ cash paid, since launch
+17.7%
AHD total return, since launch
+19.6%
CAIQ total return, since launch
AHD · since launch to Sep 30, 202634 pts behind HOOD
AHD
+17.7%
HOOD
+51.7%

34 pts behind HOOD

AHD since launch: paid 10.1%, price +6.9%, total +17.7%, HOOD +51.7%, −34.0 pts.

HOOD

+51.7%

AHD

+17.7%

10.1% as cash

34 pts behind HOOD

Total return, distributions reinvested

34 pts behind HOOD

AHD since launch: paid 10.1%, price +6.9%, total +17.7%, HOOD +51.7%, −34.0 pts.

HOOD

+51.7%

AHD

+17.7%

34 pts behind HOOD

10.1% of it arrived as cash. Total return, distributions reinvested. AHD since launch: paid 10.1%, price +6.9%, total +17.7%, HOOD +51.7%, −34.0 pts.

CAIQ · since launch to Sep 30, 20267.3 pts behind QQQ
CAIQ
+19.6%
QQQ
+26.9%

7.3 pts behind QQQ

CAIQ since launch: paid 13.7%, price +4.7%, total +19.6%, QQQ +26.9%, −7.3 pts.

QQQ

+26.9%

CAIQ

+19.6%

13.7% as cash

7.3 pts behind QQQ

Total return, distributions reinvested

7.3 pts behind QQQ

CAIQ since launch: paid 13.7%, price +4.7%, total +19.6%, QQQ +26.9%, −7.3 pts.

QQQ

+26.9%

CAIQ

+19.6%

7.3 pts behind QQQ

13.7% of it arrived as cash. Both charts share one scale, 0 to +51.7%. CAIQ since launch: paid 13.7%, price +4.7%, total +19.6%, QQQ +26.9%, −7.3 pts.

Performance, window by window

Total returnCash paidAgainst the benchmark
WindowAHDCAIQAHDCAIQAHDCAIQ
3 months+9.1%+2.6%5.1%2.9%+5.5 pts+0.5 pts
6 monthsnot published+18.4%not published8.0%not published−8.4 pts
Since launch
AHD May 2026 · CAIQ Nov 2025
+17.7%+19.6%10.1%13.7%−34.0 pts−7.3 pts

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

On the same fields

AHD
GraniteShares Autocallable HOOD ETF · Autocallable on HOOD, paying monthly
CAIQ
Calamos Nasdaq Autocallable Income ETF · Autocallable on QQQ, paying monthly
Issuer GraniteShares Calamos
Strategy autocallable autocallable
Benchmark Robinhood (HOOD) Nasdaq-100 (QQQ)
Pays monthly monthly
Payout rate, annualized 32.6% 17.5%
Expense ratio 1.07% 0.74%
Cash paid, 1 year 10.1% (since launch on May 19, 2026) 13.7% (since launch on Nov 20, 2025)
Price change, 1 year +6.9% +4.7%
Total return, 1 year +17.7% (since launch on May 19, 2026) +19.6% (since launch on Nov 20, 2025)
Benchmark return, 1 year +51.7% +26.9%
Ahead or behind −34.0 pts −7.3 pts
Return of capital, latest estimate 17% not published
Age 134 days 314 days
Net assets $3m $167m

AHD and CAIQ on the same fields, as of Sep 30, 2026. Source: ETFIQ.

AHD in plain words

Over the period since launch on May 19, 2026 to Sep 30, 2026, AHD paid 10.1% of its starting value in cash distributions while its price rose 6.9%. With every distribution reinvested, the fund returned +17.7%. Robinhood (HOOD) returned +51.7% over the same days, so a holder was behind by 34.0 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 32.6%, paid monthly. GraniteShares estimates that 17% of the distribution paid Aug 14, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

CAIQ in plain words

Over the period since launch on Nov 20, 2025 to Sep 30, 2026, CAIQ paid 13.7% of its starting value in cash distributions while its price rose 4.7%. With every distribution reinvested, the fund returned +19.6%. Nasdaq-100 (QQQ) returned +26.9% over the same days, so a holder was behind by 7.3 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 17.5%, paid monthly.

Questions people ask

Which is cheaper, AHD or CAIQ?
AHD charges 1.07% a year and CAIQ charges 0.74%, so CAIQ is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, AHD against CAIQ, data as of Sep 30, 2026. https://etfiq.com/compare/income/ahd-vs-caiq

Open data

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