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

CAIE and MRA both write options for income. Calamos Autocallable Income ETF and GraniteShares Autocallable MARA ETF.

14.0%
CAIE cash paid, 1 year
13.7%
MRA cash paid, since launch
+11.8%
CAIE total return, 1 year
+4.6%
MRA total return, since launch
CAIE · 1 year to Sep 30, 20263.9 pts behind SPY
CAIE
+11.8%
SPY
+15.7%

3.9 pts behind SPY

CAIE over 1 year: paid 14.0%, price −3.1%, total +11.8%, SPY +15.7%, −3.9 pts.

SPY

+15.7%

CAIE

+11.8%

14.0% of it arrived as cash

3.9 pts behind SPY

Total return, distributions reinvested

3.9 pts behind SPY

CAIE over 1 year: paid 14.0%, price −3.1%, total +11.8%, SPY +15.7%, −3.9 pts.

SPY

+15.7%

CAIE

+11.8%

3.9 pts behind SPY

14.0% of it arrived as cash. Total return, distributions reinvested. CAIE over 1 year: paid 14.0%, price −3.1%, total +11.8%, SPY +15.7%, −3.9 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%

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 +15.7%. 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
WindowCAIEMRACAIEMRACAIEMRA
3 months+0.9%+7.2%2.3%7.5%−1.6 pts+22.4 pts
6 months+13.2%not published6.3%not published−3.8 ptsnot published
1 year+11.8%not published14.0%not published−3.9 ptsnot published
Since launch
CAIE Jun 2025 · MRA May 2026
+26.1%+4.6%18.1%13.7%−1.2 pts+25.5 pts

CAIE 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

CAIE
Calamos Autocallable Income ETF · Autocallable on SPY, paying monthly
MRA
GraniteShares Autocallable MARA ETF · Autocallable on MARA, paying monthly
Issuer Calamos GraniteShares
Strategy autocallable autocallable
Benchmark S&P 500 (SPY), used as a default proxy MARA (MARA)
Pays monthly monthly
Payout rate, annualized 14.1% 45.3%
Expense ratio 0.74% 1.07%
Cash paid, 1 year 14.0% 13.7% (since launch on May 27, 2026)
Price change, 1 year −3.1% −10.4%
Total return, 1 year +11.8% +4.6% (since launch on May 27, 2026)
Benchmark return, 1 year +15.7% −20.9%
Ahead or behind −3.9 pts +25.5 pts
Return of capital, latest estimate not published not published
Age 462 days 126 days
Net assets $872m $1m

CAIE and MRA on the same fields, as of Sep 30, 2026. Source: ETFIQ.

CAIE in plain words

Over the year to Sep 30, 2026, CAIE paid 14.0% of its starting value in cash distributions while its price fell 3.1%. With every distribution reinvested, the fund returned +11.8%. S&P 500 (SPY), used as a default proxy returned +15.7% over the same days, so a holder was behind by 3.9 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 14.1%, paid monthly.

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, CAIE or MRA?
CAIE charges 0.74% a year and MRA charges 1.07%, so CAIE is cheaper. Fees come from each fund's prospectus.
Cite this page

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