Data as of .
CAIQ vs GRNI: which paid, and which earned it?
CAIQ and GRNI both write options for income.
What they hold in common
By the books each fund has filed, CAIQ and GRNI hold 0% of their money in the same securities at the same weight.
| Only in CAIQ | Only in GRNI |
|---|---|
| Calamos Tax-Aware Collateral ETF 100.00% | Advanced Micro Devices Inc 4.11% |
| Quanta Services Inc 3.23% | |
| GE Vernova Inc 3.08% | |
| Strategy Inc 3.04% | |
| Amazon.com Inc 2.99% | |
| Alphabet Inc 2.96% | |
| Broadcom Inc 2.90% | |
| Arista Networks Inc 2.86% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| CAIQ | GRNI | CAIQ | GRNI | CAIQ | GRNI | |
| 3 months | −0.5% | +2.1% | 4.3% | 2.5% | +1.9 pts | −0.2 pts |
| 6 months | +16.5% | +16.3% | 9.5% | 5.4% | −7.7 pts | −1.8 pts |
| Since launch | +16.7% | +14.5% | 13.7% | 7.8% | −7.0 pts | −2.1 pts |
| CAIQ Calamos Nasdaq Autocallable Income ETF Option income on QQQ, paying monthly | GRNI Fundstrat Granny Shots US Large Cap & Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | Calamos | Fundstrat |
| Strategy | option income | option income |
| Benchmark | Nasdaq-100 (QQQ) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 17.9% | 10.0% |
| Expense ratio | 0.74% | 0.99% |
| Cash paid, 1 year | 13.7% (since launch on Nov 20, 2025) | 7.8% (since launch on Nov 18, 2025) |
| Price change, 1 year | +2.1% | +6.2% |
| Total return, 1 year | +16.7% (since launch on Nov 20, 2025) | +14.5% (since launch on Nov 18, 2025) |
| Benchmark return, 1 year | +23.6% | +16.6% |
| Ahead or behind | −7.0 pts | −2.1 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 302 days | 304 days |
| Net assets | $167m | $49m |
CAIQ in plain words
Over the period since launch on Nov 20, 2025 to Sep 18, 2026, CAIQ paid 13.7% of its starting value in cash distributions while its price rose 2.1%. With every distribution reinvested, the fund returned +16.7%. Nasdaq-100 (QQQ) returned +23.6% over the same days, so a holder was behind by 7.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 17.9%, paid monthly.
GRNI in plain words
Over the period since launch on Nov 18, 2025 to Sep 18, 2026, GRNI paid 7.8% of its starting value in cash distributions while its price rose 6.2%. With every distribution reinvested, the fund returned +14.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 2.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 10.0%, paid monthly.
Questions people ask
- Which is cheaper, CAIQ or GRNI?
- CAIQ charges 0.74% a year and GRNI charges 0.99%, so CAIQ is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, CAIQ against GRNI, data as of Sep 18, 2026. https://etfiq.com/compare/income/caiq-vs-grni Free to use with attribution; the underlying files are at Open data.