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

AHD and MRA both write options for income. GraniteShares Autocallable HOOD ETF and GraniteShares Autocallable MARA ETF.

10.1%
AHD cash paid, since launch
13.7%
MRA cash paid, since launch
+17.7%
AHD total return, since launch
+4.6%
MRA 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% 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.

MRA · since launch to Sep 30, 202625.5 pts ahead of MARA
MRA
+4.6%
MARA
−20.9%

25.5 pts ahead of MARA

MRA since launch: paid 13.7%, price −10.4%, total +4.6%, MARA −20.9%, +25.5 pts.

MARA

−20.9%

MRA

+4.6%

25.5 pts ahead of MARA

Total return, distributions reinvested

25.5 pts ahead of MARA

MRA since launch: paid 13.7%, price −10.4%, total +4.6%, MARA −20.9%, +25.5 pts.

MARA

−20.9%

MRA

+4.6%

25.5 pts ahead of MARA

13.7% of it arrived as cash. Both charts share one scale, 0 to +51.7%. MRA since launch: paid 13.7%, price −10.4%, total +4.6%, MARA −20.9%, +25.5 pts.

Performance, window by window

Total returnCash paidAgainst the benchmark
WindowAHDMRAAHDMRAAHDMRA
3 months+9.1%+7.2%5.1%7.5%+5.5 pts+22.4 pts
Since launch
AHD May 2026 · MRA May 2026
+17.7%+4.6%10.1%13.7%−34.0 pts+25.5 pts

AHD and MRA 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
MRA
GraniteShares Autocallable MARA ETF · Autocallable on MARA, paying monthly
Issuer GraniteShares GraniteShares
Strategy autocallable autocallable
Benchmark Robinhood (HOOD) MARA (MARA)
Pays monthly monthly
Payout rate, annualized 32.6% 45.3%
Expense ratio 1.07% 1.07%
Cash paid, 1 year 10.1% (since launch on May 19, 2026) 13.7% (since launch on May 27, 2026)
Price change, 1 year +6.9% −10.4%
Total return, 1 year +17.7% (since launch on May 19, 2026) +4.6% (since launch on May 27, 2026)
Benchmark return, 1 year +51.7% −20.9%
Ahead or behind −34.0 pts +25.5 pts
Return of capital, latest estimate 17% not published
Age 134 days 126 days
Net assets $3m $1m

AHD and MRA 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).

MRA in plain words

Over the period since launch on May 27, 2026 to Sep 30, 2026, MRA paid 13.7% of its starting value in cash distributions while its price fell 10.4%. With every distribution reinvested, the fund returned +4.6%. MARA (MARA) returned −20.9% over the same days, so a holder was ahead by 25.5 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 45.3%, paid monthly.

Questions people ask

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

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

Open data

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