ATC vs CAIQ: which paid, and which earned it?
ATC and CAIQ both write options for income. GraniteShares Autocallable COIN ETF and Calamos Nasdaq Autocallable Income ETF.
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% 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. Total return, distributions reinvested. ATC since launch: paid 10.8%, price +1.9%, total +14.8%, COIN −10.2%, +25.0 pts.
7.3 pts behind QQQ
CAIQ since launch: paid 13.7%, price +4.7%, total +19.6%, QQQ +26.9%, −7.3 pts.
QQQ
+26.9%
CAIQ
+19.6%
13.7% of it arrived as cash
7.3 pts behind QQQ
Total return, distributions reinvested
7.3 pts behind QQQ
CAIQ since launch: paid 13.7%, price +4.7%, total +19.6%, QQQ +26.9%, −7.3 pts.
QQQ
+26.9%
CAIQ
+19.6%
7.3 pts behind QQQ
13.7% of it arrived as cash. Both charts share one scale, 0 to +26.9%. CAIQ since launch: paid 13.7%, price +4.7%, total +19.6%, QQQ +26.9%, −7.3 pts.
What they hold in common
By the books each fund has filed, ATC and CAIQ hold 0% 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
0% in common
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.
Performance, window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | ATC | CAIQ | ATC | CAIQ | ATC | CAIQ |
| 3 months | +23.3% | +2.6% | 6.2% | 2.9% | +6.2 pts | +0.5 pts |
| 6 months | not published | +18.4% | not published | 8.0% | not published | −8.4 pts |
| Since launch ATC May 2026 · CAIQ Nov 2025 | +14.8% | +19.6% | 10.8% | 13.7% | +25.0 pts | −7.3 pts |
ATC and CAIQ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →
On the same fields
ATC and CAIQ on the same fields, as of Sep 30, 2026. Source: ETFIQ.
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).
CAIQ in plain words
Over the period since launch on Nov 20, 2025 to Sep 30, 2026, CAIQ paid 13.7% of its starting value in cash distributions while its price rose 4.7%. With every distribution reinvested, the fund returned +19.6%. Nasdaq-100 (QQQ) returned +26.9% over the same days, so a holder was behind by 7.3 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 17.5%, paid monthly.
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, ATC against CAIQ, data as of Sep 30, 2026. https://etfiq.com/compare/income/atc-vs-caiq
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, ATC against CAIQ, data as of Sep 30, 2026. https://etfiq.com/compare/income/atc-vs-caiq Free to use with attribution; the underlying files are at Open data.
Other forms
- Plain
- ETFIQ, ATC against CAIQ, data as of Sep 30, 2026. https://etfiq.com/compare/income/atc-vs-caiq
- APA
- ETFIQ. (Sep 30, 2026). ATC against CAIQ. Retrieved from https://etfiq.com/compare/income/atc-vs-caiq
- Markdown
- [ATC against CAIQ (ETFIQ, Sep 30, 2026)](https://etfiq.com/compare/income/atc-vs-caiq)