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

CAIE and TLA both write options for income. Calamos Autocallable Income ETF and GraniteShares Autocallable TSLA ETF.

14.0%
CAIE cash paid, 1 year
11.1%
TLA cash paid, since launch
+11.8%
CAIE total return, 1 year
+10.4%
TLA 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.

TLA · since launch to Sep 30, 202626.3 pts ahead of TSLA
TLA
+10.4%
TSLA
−15.9%

26.3 pts ahead of TSLA

TLA since launch: paid 11.1%, price −1.4%, total +10.4%, TSLA −15.9%, +26.3 pts.

TSLA

−15.9%

TLA

+10.4%

11.1% of it arrived as cash

26.3 pts ahead of TSLA

Total return, distributions reinvested

26.3 pts ahead of TSLA

TLA since launch: paid 11.1%, price −1.4%, total +10.4%, TSLA −15.9%, +26.3 pts.

TSLA

−15.9%

TLA

+10.4%

26.3 pts ahead of TSLA

11.1% of it arrived as cash. Both charts share one scale, 0 to +15.7%. TLA since launch: paid 11.1%, price −1.4%, total +10.4%, TSLA −15.9%, +26.3 pts.

Performance, window by window

Total returnCash paidAgainst the benchmark
WindowCAIETLACAIETLACAIETLA
3 months+0.9%+3.3%2.3%3.1%−1.6 pts+19.9 pts
6 months+13.2%+11.2%6.3%8.2%−3.8 pts+18.1 pts
1 year+11.8%not published14.0%not published−3.9 ptsnot published
Since launch
CAIE Jun 2025 · TLA Feb 2026
+26.1%+10.4%18.1%11.1%−1.2 pts+26.3 pts

CAIE and TLA 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
TLA
GraniteShares Autocallable TSLA ETF · Autocallable on TSLA, paying monthly
Issuer Calamos GraniteShares
Strategy autocallable autocallable
Benchmark S&P 500 (SPY), used as a default proxy Tesla (TSLA)
Pays monthly monthly
Payout rate, annualized 14.1% 18.4%
Expense ratio 0.74% 1.07%
Cash paid, 1 year 14.0% 11.1% (since launch on Feb 3, 2026)
Price change, 1 year −3.1% −1.4%
Total return, 1 year +11.8% +10.4% (since launch on Feb 3, 2026)
Benchmark return, 1 year +15.7% −15.9%
Ahead or behind −3.9 pts +26.3 pts
Return of capital, latest estimate not published 4%
Age 462 days 239 days
Net assets $872m $5m

CAIE and TLA 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.

TLA in plain words

Over the period since launch on Feb 3, 2026 to Sep 30, 2026, TLA paid 11.1% of its starting value in cash distributions while its price fell 1.4%. With every distribution reinvested, the fund returned +10.4%. Tesla (TSLA) returned −15.9% over the same days, so a holder was ahead by 26.3 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 18.4%, paid monthly. GraniteShares estimates that 4% of the distribution paid Jun 5, 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, CAIE or TLA?
CAIE charges 0.74% a year and TLA charges 1.07%, so CAIE is cheaper. Fees come from each fund's prospectus.
Cite this page

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

Open data

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