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

ATCL and MRA both write options for income. REX Autocallable Income ETF and GraniteShares Autocallable MARA ETF.

7.9%
ATCL cash paid, since launch
13.7%
MRA cash paid, since launch
+5.0%
ATCL total return, since launch
+4.6%
MRA 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% 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.

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%

13.7% cash

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 +12.0%. 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
WindowATCLMRAATCLMRAATCLMRA
3 months+1.4%+7.2%3.4%7.5%−1.1 pts+22.4 pts
6 months+7.5%not published7.0%not published−9.5 ptsnot published
Since launch
ATCL Feb 2026 · MRA May 2026
+5.0%+4.6%7.9%13.7%−7.0 pts+25.5 pts

ATCL 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

ATCL
REX Autocallable Income ETF · Autocallable on SPY, paying monthly
MRA
GraniteShares Autocallable MARA ETF · Autocallable on MARA, paying monthly
Issuer REX GraniteShares
Strategy autocallable autocallable
Benchmark S&P 500 (SPY), used as a default proxy MARA (MARA)
Pays monthly monthly
Payout rate, annualized 13.7% 45.3%
Expense ratio 0.65% 1.07%
Cash paid, 1 year 7.9% (since launch on Feb 18, 2026) 13.7% (since launch on May 27, 2026)
Price change, 1 year −3.0% −10.4%
Total return, 1 year +5.0% (since launch on Feb 18, 2026) +4.6% (since launch on May 27, 2026)
Benchmark return, 1 year +12.0% −20.9%
Ahead or behind −7.0 pts +25.5 pts
Return of capital, latest estimate 77% not published
Age 224 days 126 days
Net assets $48m $1m

ATCL and MRA 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).

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, ATCL or MRA?
ATCL charges 0.65% a year and MRA charges 1.07%, so ATCL is cheaper. Fees come from each fund's prospectus.
Cite this page

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