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

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

6.4%
APRH cash paid, 1 year
13.7%
MRA cash paid, since launch
+6.7%
APRH total return, 1 year
+4.6%
MRA 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.

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 +15.7%. 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
WindowAPRHMRAAPRHMRAAPRHMRA
3 months+1.4%+7.2%2.1%7.5%−1.1 pts+22.4 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 · MRA May 2026
+28.7%+4.6%24.3%13.7%−65.1 pts+25.5 pts

APRH 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

APRH
Innovator Premium Income 20 Barrier ETF -- April · Defined income on SPY, paying quarterly
MRA
GraniteShares Autocallable MARA ETF · Autocallable on MARA, paying monthly
Issuer Innovator GraniteShares
Strategy defined income autocallable
Benchmark S&P 500 (SPY) MARA (MARA)
Pays quarterly monthly
Payout rate, annualized 8.4% 45.3%
Expense ratio 0.79% 1.07%
Cash paid, 1 year 6.4% 13.7% (since launch on May 27, 2026)
Price change, 1 year +0.1% −10.4%
Total return, 1 year +6.7% +4.6% (since launch on May 27, 2026)
Benchmark return, 1 year +15.7% −20.9%
Ahead or behind −9.1 pts +25.5 pts
Return of capital, latest estimate not published not published
Age 1276 days 126 days
Net assets $25m $1m

APRH and MRA 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.

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

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