APRH vs ATC: which paid, and which earned it?

APRH and ATC both write options for income. Innovator Premium Income 20 Barrier ETF -- April and GraniteShares Autocallable COIN ETF.

6.4%
APRH cash paid, 1 year
10.8%
ATC cash paid, since launch
+6.7%
APRH total return, 1 year
+14.8%
ATC total return, since launch
APRH · 1 year to Sep 30, 20269.1 pts behind SPY
APRH
+6.7%
SPY
+15.7%

9.1 pts behind SPY

APRH over 1 year: paid 6.4%, price +0.1%, total +6.7%, SPY +15.7%, −9.1 pts.

SPY

+15.7%

APRH

+6.7%

6.4% as cash

9.1 pts behind SPY

Total return, distributions reinvested

9.1 pts behind SPY

APRH over 1 year: paid 6.4%, price +0.1%, total +6.7%, SPY +15.7%, −9.1 pts.

SPY

+15.7%

APRH

+6.7%

9.1 pts behind SPY

6.4% of it arrived as cash. Total return, distributions reinvested. APRH over 1 year: paid 6.4%, price +0.1%, total +6.7%, SPY +15.7%, −9.1 pts.

ATC · since launch to Sep 30, 202625 pts ahead of COIN
ATC
+14.8%
COIN
−10.2%

25 pts ahead of COIN

ATC since launch: paid 10.8%, price +1.9%, total +14.8%, COIN −10.2%, +25.0 pts.

COIN

−10.2%

ATC

+14.8%

10.8% of it arrived as cash

25 pts ahead of COIN

Total return, distributions reinvested

25 pts ahead of COIN

ATC since launch: paid 10.8%, price +1.9%, total +14.8%, COIN −10.2%, +25.0 pts.

COIN

−10.2%

ATC

+14.8%

25 pts ahead of COIN

10.8% of it arrived as cash. Both charts share one scale, 0 to +15.7%. ATC since launch: paid 10.8%, price +1.9%, total +14.8%, COIN −10.2%, +25.0 pts.

What they hold in common

By the books each fund has filed, APRH and ATC hold 94% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Jun 30, 2026.

half

94% in common

Positions both hold, largest shared weight first
Holding APRH ATC
TREASURY BILL 94.03% 100.00%
Only in APRH
TREASURY BILL 2.00%
TREASURY BILL 1.99%
TREASURY BILL 1.98%
Only in ATC

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

Performance, window by window

Total returnCash paidAgainst the benchmark
WindowAPRHATCAPRHATCAPRHATC
3 months+1.4%+23.3%2.1%6.2%−1.1 pts+6.2 pts
6 months+5.2%not published4.3%not published−11.8 ptsnot published
1 year+6.7%not published6.4%not published−9.1 ptsnot published
3 years+23.3%not published20.3%not published−61.7 ptsnot published
Since launch
APRH Apr 2023 · ATC May 2026
+28.7%+14.8%24.3%10.8%−65.1 pts+25.0 pts

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

On the same fields

APRH
Innovator Premium Income 20 Barrier ETF -- April · Defined income on SPY, paying quarterly
ATC
GraniteShares Autocallable COIN ETF · Autocallable on COIN, paying monthly
Issuer Innovator GraniteShares
Strategy defined income autocallable
Benchmark S&P 500 (SPY) Coinbase (COIN)
Pays quarterly monthly
Payout rate, annualized 8.4% 36.1%
Expense ratio 0.79% 1.07%
Cash paid, 1 year 6.4% 10.8% (since launch on May 12, 2026)
Price change, 1 year +0.1% +1.9%
Total return, 1 year +6.7% +14.8% (since launch on May 12, 2026)
Benchmark return, 1 year +15.7% −10.2%
Ahead or behind −9.1 pts +25.0 pts
Return of capital, latest estimate not published 2%
Age 1276 days 141 days
Net assets $25m $998,712

APRH and ATC on the same fields, as of Sep 30, 2026. Source: ETFIQ.

APRH in plain words

Over the year to Sep 30, 2026, APRH paid 6.4% of its starting value in cash distributions while its price rose 0.1%. With every distribution reinvested, the fund returned +6.7%. S&P 500 (SPY) returned +15.7% over the same days, so a holder was behind by 9.1 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 8.4%, paid quarterly.

ATC in plain words

Over the period since launch on May 12, 2026 to Sep 30, 2026, ATC paid 10.8% of its starting value in cash distributions while its price rose 1.9%. With every distribution reinvested, the fund returned +14.8%. Coinbase (COIN) returned −10.2% over the same days, so a holder was ahead by 25.0 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 36.1%, paid monthly. GraniteShares estimates that 2% 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).

Questions people ask

Which is cheaper, APRH or ATC?
APRH charges 0.79% a year and ATC charges 1.07%, so APRH is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, APRH against ATC, data as of Sep 30, 2026. https://etfiq.com/compare/income/aprh-vs-atc

Open data

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