{"url":"https://etfiq.com/compare/income/cage-vs-tla","section":"compare","title":"CAGE vs TLA: which paid, and which earned it? | ETFIQ","description":"CAGE paid 0.0% of its price in cash each over its own window and TLA 11.1%. Total return with distributions reinvested was +14.4% against +10.4%, to Sep 30","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which is cheaper, CAGE or TLA?","acceptedAnswer":{"@type":"Answer","text":"CAGE charges 0.74% a year and TLA 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 TLA","item":"https://etfiq.com/compare/income/cage-vs-tla"}]},{"@type":"WebPage","name":"CAGE vs TLA: which paid, and which earned it?","description":"CAGE paid 0.0% of its price in cash each over its own window and TLA 11.1%. Total return with distributions reinvested was +14.4% against +10.4%, to Sep 30, 2026.","url":"https://etfiq.com/compare/income/cage-vs-tla","dateModified":"2026-09-30","abstract":"CAGE and TLA 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 TLA","description":"CAGE paid 0.0% of its price in cash each over its own window and TLA 11.1%. Total return with distributions reinvested was +14.4% against +10.4%, to Sep 30, 2026.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/income/cage-vs-tla","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":4652,"truncated":true,"content":"ETFIQ / Income ETFs / Head to head / CAGE vs TLA \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n CAGE vs TLA: which paid, and which earned it?\n\n CAGE and TLA both write options for income.\n Copy this for sharing \n \n Calamos Autocallable Growth ETF and GraniteShares Autocallable TSLA ETF.\n\n Download as PDF \n\n 0.0% CAGE cash paid, since launch \n 11.1% TLA cash paid, since launch \n +14.4% CAGE total return, since launch \n +10.4% TLA 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-tla","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":"TLA","name":"GraniteShares Autocallable TSLA ETF","issuer":"GraniteShares","desk":"income","as_of":"2026-09-30","verdict":"Since its launch on Feb 3, 2026, TLA paid 11.1% in cash and finished 26.3 points ahead of TSLA.","url":"https://etfiq.com/funds/tla","key_facts":[{"label":"Cash paid, since launch, on its starting price","value":"11.1%","as_of":"2026-09-30","source":null},{"label":"Total return, since launch","value":"+10.4%","as_of":"2026-09-30","source":null},{"label":"Against TSLA","value":"+26.3 pts","as_of":"2026-09-30","source":null},{"label":"Return of capital, latest payout (GraniteShares estimate)","value":"4.3%","as_of":"2026-09-30","source":"GraniteShares estimate"},{"label":"Net assets","value":"$5m","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-tla"}