ANV vs DACL: which paid, and which earned it?
ANV and DACL both write options for income. GraniteShares Autocallable NVDA ETF and REX Defensive Autocallable Income ETF.
13.8 pts behind NVDA
ANV since launch: paid 9.5%, price +3.0%, total +13.2%, NVDA +26.9%, −13.8 pts.
NVDA
+26.9%
ANV
+13.2%
9.5% of it arrived as cash
13.8 pts behind NVDA
Total return, distributions reinvested
13.8 pts behind NVDA
ANV since launch: paid 9.5%, price +3.0%, total +13.2%, NVDA +26.9%, −13.8 pts.
NVDA
+26.9%
ANV
+13.2%
13.8 pts behind NVDA
9.5% of it arrived as cash. Total return, distributions reinvested. ANV since launch: paid 9.5%, price +3.0%, total +13.2%, NVDA +26.9%, −13.8 pts.
2.2 pts ahead of SPY
DACL since launch: paid 0.6%, price −0.1%, total +0.5%, SPY −1.7%, +2.2 pts.
SPY
−1.7%
DACL
+0.5%
2.2 pts ahead of SPY
Total return, distributions reinvested
2.2 pts ahead of SPY
DACL since launch: paid 0.6%, price −0.1%, total +0.5%, SPY −1.7%, +2.2 pts.
SPY
−1.7%
DACL
+0.5%
2.2 pts ahead of SPY
0.6% of it arrived as cash. Both charts share one scale, 0 to +26.9%. DACL since launch: paid 0.6%, price −0.1%, total +0.5%, SPY −1.7%, +2.2 pts.
Performance, window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | ANV | DACL | ANV | DACL | ANV | DACL |
| 3 months | +5.3% | not published | 2.5% | not published | −10.4 pts | not published |
| 6 months | +11.1% | not published | 6.8% | not published | −19.2 pts | not published |
| Since launch ANV Feb 2026 · DACL Aug 2026 | +13.2% | +0.5% | 9.5% | 0.6% | −13.8 pts | +2.2 pts |
ANV and DACL over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →
On the same fields
ANV and DACL on the same fields, as of Sep 30, 2026. Source: ETFIQ.
ANV in plain words
Over the period since launch on Feb 3, 2026 to Sep 30, 2026, ANV paid 9.5% of its starting value in cash distributions while its price rose 3.0%. With every distribution reinvested, the fund returned +13.2%. NVIDIA (NVDA) returned +26.9% over the same days, so a holder was behind by 13.8 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 13.9%, paid monthly. GraniteShares estimates that 5% 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).
DACL in plain words
Over the period since launch on Aug 13, 2026 to Sep 30, 2026, DACL paid 0.6% of its starting value in cash distributions while its price fell 0.1%. With every distribution reinvested, the fund returned +0.5%. S&P 500 (SPY), used as a default proxy returned −1.7% over the same days, so a holder was ahead by 2.2 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 6.6%, paid periodically.
Questions people ask
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.
ETFIQ, ANV against DACL, data as of Sep 30, 2026. https://etfiq.com/compare/income/anv-vs-dacl
Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.
Cite this page. ETFIQ, ANV against DACL, data as of Sep 30, 2026. https://etfiq.com/compare/income/anv-vs-dacl Free to use with attribution; the underlying files are at Open data.
Other forms
- Plain
- ETFIQ, ANV against DACL, data as of Sep 30, 2026. https://etfiq.com/compare/income/anv-vs-dacl
- APA
- ETFIQ. (Sep 30, 2026). ANV against DACL. Retrieved from https://etfiq.com/compare/income/anv-vs-dacl
- Markdown
- [ANV against DACL (ETFIQ, Sep 30, 2026)](https://etfiq.com/compare/income/anv-vs-dacl)