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

ATC and TLA both write options for income. GraniteShares Autocallable COIN ETF and GraniteShares Autocallable TSLA ETF.

10.8%
ATC cash paid, since launch
11.1%
TLA cash paid, since launch
+14.8%
ATC total return, since launch
+10.4%
TLA total return, since launch
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. Total return, distributions reinvested. ATC since launch: paid 10.8%, price +1.9%, total +14.8%, COIN −10.2%, +25.0 pts.

TLA · since launch to Sep 30, 202626.3 pts ahead of TSLA
TLA
+10.4%
TSLA
−15.9%

26.3 pts ahead of TSLA

TLA since launch: paid 11.1%, price −1.4%, total +10.4%, TSLA −15.9%, +26.3 pts.

TSLA

−15.9%

TLA

+10.4%

11.1% of it arrived as cash

26.3 pts ahead of TSLA

Total return, distributions reinvested

26.3 pts ahead of TSLA

TLA since launch: paid 11.1%, price −1.4%, total +10.4%, TSLA −15.9%, +26.3 pts.

TSLA

−15.9%

TLA

+10.4%

26.3 pts ahead of TSLA

11.1% of it arrived as cash. Both charts share one scale, 0 to +14.8%. TLA since launch: paid 11.1%, price −1.4%, total +10.4%, TSLA −15.9%, +26.3 pts.

Performance, window by window

Total returnCash paidAgainst the benchmark
WindowATCTLAATCTLAATCTLA
3 months+23.3%+3.3%6.2%3.1%+6.2 pts+19.9 pts
6 monthsnot published+11.2%not published8.2%not published+18.1 pts
Since launch
ATC May 2026 · TLA Feb 2026
+14.8%+10.4%10.8%11.1%+25.0 pts+26.3 pts

ATC and TLA 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
GraniteShares Autocallable COIN ETF · Autocallable on COIN, paying monthly
TLA
GraniteShares Autocallable TSLA ETF · Autocallable on TSLA, paying monthly
Issuer GraniteShares GraniteShares
Strategy autocallable autocallable
Benchmark Coinbase (COIN) Tesla (TSLA)
Pays monthly monthly
Payout rate, annualized 36.1% 18.4%
Expense ratio 1.07% 1.07%
Cash paid, 1 year 10.8% (since launch on May 12, 2026) 11.1% (since launch on Feb 3, 2026)
Price change, 1 year +1.9% −1.4%
Total return, 1 year +14.8% (since launch on May 12, 2026) +10.4% (since launch on Feb 3, 2026)
Benchmark return, 1 year −10.2% −15.9%
Ahead or behind +25.0 pts +26.3 pts
Return of capital, latest estimate 2% 4%
Age 141 days 239 days
Net assets $998,712 $5m

ATC and TLA 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).

TLA in plain words

Over the period since launch on Feb 3, 2026 to Sep 30, 2026, TLA paid 11.1% of its starting value in cash distributions while its price fell 1.4%. With every distribution reinvested, the fund returned +10.4%. Tesla (TSLA) returned −15.9% over the same days, so a holder was ahead by 26.3 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 18.4%, paid monthly. GraniteShares estimates that 4% of the distribution paid Jun 5, 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, ATC or TLA?
ATC charges 1.07% a year and TLA charges 1.07%, so ATC is cheaper. Fees come from each fund's prospectus.
Cite this page

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

Open data

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