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

AHD and IACL both write options for income. GraniteShares Autocallable HOOD ETF and GraniteShares US 100 Autocallable Income ETF.

10.1%
AHD cash paid, since launch
0.4%
IACL cash paid, since launch
+17.7%
AHD total return, since launch
+1.1%
IACL 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.

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 +51.7%. IACL since launch: paid 0.4%, price +0.7%, total +1.1%, SPY −0.4%, +1.4 pts.

Performance, window by window

Total returnCash paidAgainst the benchmark
WindowAHDIACLAHDIACLAHDIACL
3 months+9.1%not published5.1%not published+5.5 ptsnot published
Since launch
AHD May 2026 · IACL Aug 2026
+17.7%+1.1%10.1%0.4%−34.0 pts+1.4 pts

AHD 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

AHD
GraniteShares Autocallable HOOD ETF · Autocallable on HOOD, paying monthly
IACL
GraniteShares US 100 Autocallable Income ETF · Autocallable on SPY
Issuer GraniteShares GraniteShares
Strategy autocallable autocallable
Benchmark Robinhood (HOOD) S&P 500 (SPY), used as a default proxy
Pays monthly not established
Payout rate, annualized 32.6% 5.0%
Expense ratio 1.07% 0.55%
Cash paid, 1 year 10.1% (since launch on May 19, 2026) 0.4% (since launch on Aug 18, 2026)
Price change, 1 year +6.9% +0.7%
Total return, 1 year +17.7% (since launch on May 19, 2026) +1.1% (since launch on Aug 18, 2026)
Benchmark return, 1 year +51.7% −0.4%
Ahead or behind −34.0 pts +1.4 pts
Return of capital, latest estimate 17% 99%
Age 134 days 43 days
Net assets $3m $3m

AHD and IACL 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).

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, AHD or IACL?
AHD charges 1.07% a year and IACL charges 0.55%, so IACL is cheaper. Fees come from each fund's prospectus.
Cite this page

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