Which is cheaper, ANV or OCTJ?

ANV charges 1.07% a year and OCTJ charges 0.79%, so OCTJ is cheaper. Fees come from each fund's prospectus.

ANV vs OCTJ: which paid, and which earned it?

ANV and OCTJ both write options for income. GraniteShares Autocallable NVDA ETF and Innovator Premium Income 30 Barrier ETF - October.

9.5%

ANV cash paid, since launch

5.3%

OCTJ cash paid, 1 year

+13.2%

ANV total return, since launch

+5.5%

OCTJ total return, 1 year

ANV · since launch to Sep 30, 202613.8 pts behind NVDA

ANV

+13.2%

NVDA

+26.9%

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.

OCTJ · 1 year to Sep 30, 202610.3 pts behind SPY

OCTJ

+5.5%

SPY

+15.7%

10.3 pts behind SPY

OCTJ over 1 year: paid 5.3%, price 0.0%, total +5.5%, SPY +15.7%, −10.3 pts.

SPY

+15.7%

OCTJ

+5.5%

5.3% as cash

10.3 pts behind SPY

Total return, distributions reinvested

10.3 pts behind SPY

OCTJ over 1 year: paid 5.3%, price 0.0%, total +5.5%, SPY +15.7%, −10.3 pts.

SPY

+15.7%

OCTJ

+5.5%

10.3 pts behind SPY

5.3% of it arrived as cash. Both charts share one scale, 0 to +26.9%. OCTJ over 1 year: paid 5.3%, price 0.0%, total +5.5%, SPY +15.7%, −10.3 pts.

Performance, window by window

	Total return		Cash paid		Against the benchmark
Window	ANV	OCTJ	ANV	OCTJ	ANV	OCTJ
3 months	+5.3%	+1.0%	2.5%	1.3%	−10.4 pts	−1.5 pts
6 months	+11.1%	+3.4%	6.8%	2.7%	−19.2 pts	−13.6 pts
1 year	not published	+5.5%	not published	5.3%	not published	−10.3 pts
Since launch ANV Feb 2026 · OCTJ Oct 2023	+13.2%	+18.9%	9.5%	17.2%	−13.8 pts	−66.1 pts

ANV and OCTJ 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

GraniteShares Autocallable NVDA ETF · Autocallable on NVDA, paying monthly

OCTJ

Innovator Premium Income 30 Barrier ETF - October · Defined income on SPY, paying quarterly

Issuer GraniteShares Innovator

Strategy autocallable defined income

Benchmark NVIDIA (NVDA) S&P 500 (SPY)

Pays monthly quarterly

Payout rate, annualized 13.9% 5.3%

Expense ratio 1.07% 0.79%

Cash paid, 1 year 9.5% (since launch on Feb 3, 2026) 5.3%

Price change, 1 year +3.0% 0.0%

Total return, 1 year +13.2% (since launch on Feb 3, 2026) +5.5%

Benchmark return, 1 year +26.9% +15.7%

Ahead or behind −13.8 pts −10.3 pts

Return of capital, latest estimate 5% not published

Age 239 days 1094 days

Net assets $7m $15m

ANV and OCTJ 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).

OCTJ in plain words

Over the year to Sep 30, 2026, OCTJ paid 5.3% of its starting value in cash distributions while its price rose 0.0%. With every distribution reinvested, the fund returned +5.5%. S&P 500 (SPY) returned +15.7% over the same days, so a holder was behind by 10.3 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 5.3%, paid quarterly.

Questions people ask

Which is cheaper, ANV or OCTJ?: ANV charges 1.07% a year and OCTJ charges 0.79%, so OCTJ is cheaper. Fees come from each fund's prospectus.

Other comparisons

ANV vs JULH ANV vs JULJ ANV vs MRA ANV vs MSR OCTJ vs TDAQ OCTJ vs TPAY OCTJ vs TPRY OCTJ vs TSPY

S&P 500 (SPY) →ANV on its own →OCTJ on its own →How every figure is computed →Standards and sources →

Where these figures came from

ANV filings on SEC EDGAR ↗ANV prospectus with the expense ratio (SEC) ↗ANV 19a-1 distribution notice ↗GraniteShares page for ANV ↗OCTJ filings on SEC EDGAR ↗OCTJ prospectus with the expense ratio (SEC) ↗Innovator page for OCTJ ↗

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, ANV against OCTJ, data as of Sep 30, 2026. https://etfiq.com/compare/income/anv-vs-octj

Open data

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