ATCL vs CAGE: which paid, and which earned it?
ATCL and CAGE both write options for income. REX Autocallable Income ETF and Calamos Autocallable Growth ETF.
7 pts behind SPY
ATCL since launch: paid 7.9%, price −3.0%, total +5.0%, SPY +12.0%, −7.0 pts.
SPY
+12.0%
ATCL
+5.0%
7.9% of it arrived as cash
7 pts behind SPY
Total return, distributions reinvested
7 pts behind SPY
ATCL since launch: paid 7.9%, price −3.0%, total +5.0%, SPY +12.0%, −7.0 pts.
SPY
+12.0%
ATCL
+5.0%
7 pts behind SPY
7.9% of it arrived as cash. Total return, distributions reinvested. ATCL since launch: paid 7.9%, price −3.0%, total +5.0%, SPY +12.0%, −7.0 pts.
5.2 pts ahead of SPY
CAGE since launch: paid 0.0%, price +14.4%, total +14.4%, SPY +9.2%, +5.2 pts.
SPY
+9.2%
CAGE
+14.4%
5.2 pts ahead of SPY
Total return, distributions reinvested
5.2 pts ahead of SPY
CAGE since launch: paid 0.0%, price +14.4%, total +14.4%, SPY +9.2%, +5.2 pts.
SPY
+9.2%
CAGE
+14.4%
5.2 pts ahead of SPY
0.0% of it arrived as cash. Both charts share one scale, 0 to +14.4%. CAGE since launch: paid 0.0%, price +14.4%, total +14.4%, SPY +9.2%, +5.2 pts.
What they hold in common
By the books each fund has filed, ATCL and CAGE 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 | ATCL | CAGE | ATCL | CAGE | ATCL | CAGE |
| 3 months | +1.4% | +3.7% | 3.4% | 0.0% | −1.1 pts | +1.1 pts |
| 6 months | +7.5% | not published | 7.0% | not published | −9.5 pts | not published |
| Since launch ATCL Feb 2026 · CAGE Apr 2026 | +5.0% | +14.4% | 7.9% | 0.0% | −7.0 pts | +5.2 pts |
ATCL and CAGE over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →
On the same fields
ATCL and CAGE on the same fields, as of Sep 30, 2026. Source: ETFIQ.
ATCL in plain words
Over the period since launch on Feb 18, 2026 to Sep 30, 2026, ATCL paid 7.9% of its starting value in cash distributions while its price fell 3.0%. With every distribution reinvested, the fund returned +5.0%. S&P 500 (SPY), used as a default proxy returned +12.0% over the same days, so a holder was behind by 7.0 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 13.7%, paid monthly. REX estimates that 77% of the distribution paid Aug 19, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
CAGE in plain words
Over the period since launch on Apr 16, 2026 to Sep 30, 2026, CAGE paid 0.0% of its starting value in cash distributions while its price rose 14.4%. With every distribution reinvested, the fund returned +14.4%. S&P 500 (SPY), used as a default proxy returned +9.2% over the same days, so a holder was ahead by 5.2 pts.
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, ATCL against CAGE, data as of Sep 30, 2026. https://etfiq.com/compare/income/atcl-vs-cage
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, ATCL against CAGE, data as of Sep 30, 2026. https://etfiq.com/compare/income/atcl-vs-cage Free to use with attribution; the underlying files are at Open data.
Other forms
- Plain
- ETFIQ, ATCL against CAGE, data as of Sep 30, 2026. https://etfiq.com/compare/income/atcl-vs-cage
- APA
- ETFIQ. (Sep 30, 2026). ATCL against CAGE. Retrieved from https://etfiq.com/compare/income/atcl-vs-cage
- Markdown
- [ATCL against CAGE (ETFIQ, Sep 30, 2026)](https://etfiq.com/compare/income/atcl-vs-cage)