{"url":"https://etfiq.com/compare/income/cage-vs-sca","section":"compare","title":"CAGE vs SCA: which paid, and which earned it? | ETFIQ","description":"CAGE paid 0.0% of its price in cash each over its own window and SCA 12.8%. Total return with distributions reinvested was +14.4% against +17.8%, to Sep 30","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which is cheaper, CAGE or SCA?","acceptedAnswer":{"@type":"Answer","text":"CAGE charges 0.74% a year and SCA charges 1.07%, so CAGE is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Income ETFs","item":"https://etfiq.com/income/"},{"@type":"ListItem","position":3,"name":"CAGE vs SCA","item":"https://etfiq.com/compare/income/cage-vs-sca"}]},{"@type":"WebPage","name":"CAGE vs SCA: which paid, and which earned it?","description":"CAGE paid 0.0% of its price in cash each over its own window and SCA 12.8%. Total return with distributions reinvested was +14.4% against +17.8%, to Sep 30, 2026.","url":"https://etfiq.com/compare/income/cage-vs-sca","dateModified":"2026-09-30","abstract":"CAGE and SCA both write options for income.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of CAGE and SCA","description":"CAGE paid 0.0% of its price in cash each over its own window and SCA 12.8%. Total return with distributions reinvested was +14.4% against +17.8%, to Sep 30, 2026.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/income/cage-vs-sca","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/income.json"}],"variableMeasured":["Cash paid","Price change","Total return with distributions reinvested","Benchmark total return","Ahead or behind in percentage points","Distribution rate","Return of capital estimate","Expense ratio"],"keywords":["exchange-traded funds","ETF","Income ETFs","fund data","SEC filings"]}],"characters":4591,"truncated":true,"content":"ETFIQ / Income ETFs / Head to head / CAGE vs SCA \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n CAGE vs SCA: which paid, and which earned it?\n\n CAGE and SCA both write options for income.\n Copy this for sharing \n \n Calamos Autocallable Growth ETF and GraniteShares Autocallable SMCI ETF.\n\n Download as PDF \n\n 0.0% CAGE cash paid, since launch \n 12.8% SCA cash paid, since launch \n +14.4% CAGE total return, since launch \n +17.8% SCA total return, since launch \n\n CAGE 5.2 pts ahead of SPY \u00b7 since launch to Sep 30, 2026 [CAGE since launch: paid 0.0%, price +14.4%, total +14.","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/income/cage-vs-sca","a":{"ticker":"CAGE","name":"Calamos Autocallable Growth ETF","issuer":"Calamos","desk":"income","as_of":"2026-09-30","verdict":"Since its launch on Apr 16, 2026, CAGE paid no cash and finished 5.2 points ahead of SPY.","url":"https://etfiq.com/funds/cage","key_facts":[{"label":"Cash paid, since launch, on its starting price","value":"0.0%","as_of":"2026-09-30","source":null},{"label":"Total return, since launch","value":"+14.4%","as_of":"2026-09-30","source":null},{"label":"Against SPY","value":"+5.2 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$14m","as_of":"2026-09-30","source":"SEC filing, whole fund, as filed for Apr 30, 2026"},{"label":"Expense ratio","value":"0.74%","as_of":"2026-09-30","source":"485BPOS XBRL, Apr 10, 2026"},{"label":"Benchmark","value":"S&P 500 (SPY), used as a default proxy (proxy)","as_of":"2026-09-30","source":null}]},"b":{"ticker":"SCA","name":"GraniteShares Autocallable SMCI ETF","issuer":"GraniteShares","desk":"income","as_of":"2026-09-30","verdict":"Since its launch on May 27, 2026, SCA paid 12.8% in cash and finished 10.3 points ahead of SMCI.","url":"https://etfiq.com/funds/sca","key_facts":[{"label":"Cash paid, since launch, on its starting price","value":"12.8%","as_of":"2026-09-30","source":null},{"label":"Total return, since launch","value":"+17.8%","as_of":"2026-09-30","source":null},{"label":"Against SMCI","value":"+10.3 pts","as_of":"2026-09-30","source":null},{"label":"Return of capital, latest payout (GraniteShares estimate)","value":"28.6%","as_of":"2026-09-30","source":"GraniteShares estimate"},{"label":"Net assets","value":"$2m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.07%","as_of":"2026-09-30","source":"485BPOS XBRL, Jan 13, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/income/cage-vs-sca"}