ATCL vs IACL: which paid, and which earned it?

ATCL and IACL both write options for income. REX Autocallable Income ETF and GraniteShares US 100 Autocallable Income ETF.

7.9%
ATCL cash paid, since launch
0.4%
IACL cash paid, since launch
+5.0%
ATCL total return, since launch
+1.1%
IACL total return, since launch
ATCL · since launch to Sep 30, 20267 pts behind SPY
ATCL
+5.0%
SPY
+12.0%

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.

IACL · since launch to Sep 30, 20261.4 pts ahead of SPY
IACL
+1.1%
SPY
−0.4%

1.4 pts ahead of SPY

IACL since launch: paid 0.4%, price +0.7%, total +1.1%, SPY −0.4%, +1.4 pts.

SPY

−0.4%

IACL

+1.1%

1.4 pts ahead of SPY

Total return, distributions reinvested

1.4 pts ahead of SPY

IACL since launch: paid 0.4%, price +0.7%, total +1.1%, SPY −0.4%, +1.4 pts.

SPY

−0.4%

IACL

+1.1%

1.4 pts ahead of SPY

0.4% of it arrived as cash. Both charts share one scale, 0 to +12.0%. IACL since launch: paid 0.4%, price +0.7%, total +1.1%, SPY −0.4%, +1.4 pts.

Performance, window by window

Total returnCash paidAgainst the benchmark
WindowATCLIACLATCLIACLATCLIACL
3 months+1.4%not published3.4%not published−1.1 ptsnot published
6 months+7.5%not published7.0%not published−9.5 ptsnot published
Since launch
ATCL Feb 2026 · IACL Aug 2026
+5.0%+1.1%7.9%0.4%−7.0 pts+1.4 pts

ATCL and IACL 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
REX Autocallable Income ETF · Autocallable on SPY, paying monthly
IACL
GraniteShares US 100 Autocallable Income ETF · Autocallable on SPY
Issuer REX GraniteShares
Strategy autocallable autocallable
Benchmark S&P 500 (SPY), used as a default proxy S&P 500 (SPY), used as a default proxy
Pays monthly not established
Payout rate, annualized 13.7% 5.0%
Expense ratio 0.65% 0.55%
Cash paid, 1 year 7.9% (since launch on Feb 18, 2026) 0.4% (since launch on Aug 18, 2026)
Price change, 1 year −3.0% +0.7%
Total return, 1 year +5.0% (since launch on Feb 18, 2026) +1.1% (since launch on Aug 18, 2026)
Benchmark return, 1 year +12.0% −0.4%
Ahead or behind −7.0 pts +1.4 pts
Return of capital, latest estimate 77% 99%
Age 224 days 43 days
Net assets $48m $3m

ATCL and IACL 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).

IACL in plain words

Over the period since launch on Aug 18, 2026 to Sep 30, 2026, IACL paid 0.4% of its starting value in cash distributions while its price rose 0.7%. With every distribution reinvested, the fund returned +1.1%. S&P 500 (SPY), used as a default proxy returned −0.4% over the same days, so a holder was ahead by 1.4 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 5.0%, paid periodically. GraniteShares estimates that 99% of the distribution paid Sep 11, 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, ATCL or IACL?
ATCL charges 0.65% a year and IACL charges 0.55%, so IACL is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, ATCL against IACL, data as of Sep 30, 2026. https://etfiq.com/compare/income/atcl-vs-iacl

Open data

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