CAIQ vs IACL: which paid, and which earned it?
CAIQ and IACL both write options for income. Calamos Nasdaq Autocallable Income ETF and GraniteShares US 100 Autocallable Income ETF.
7.3 pts behind QQQ
CAIQ since launch: paid 13.7%, price +4.7%, total +19.6%, QQQ +26.9%, −7.3 pts.
QQQ
+26.9%
CAIQ
+19.6%
13.7% of it arrived as cash
7.3 pts behind QQQ
Total return, distributions reinvested
7.3 pts behind QQQ
CAIQ since launch: paid 13.7%, price +4.7%, total +19.6%, QQQ +26.9%, −7.3 pts.
QQQ
+26.9%
CAIQ
+19.6%
7.3 pts behind QQQ
13.7% of it arrived as cash. Total return, distributions reinvested. CAIQ since launch: paid 13.7%, price +4.7%, total +19.6%, QQQ +26.9%, −7.3 pts.
1.4 pts ahead of SPY
IACL since launch: paid 0.4%, price +0.7%, total +1.1%, SPY −0.4%, +1.4 pts.
SPY
−0.4%
IACL
+1.1%
1.4 pts ahead of SPY
Total return, distributions reinvested
1.4 pts ahead of SPY
IACL since launch: paid 0.4%, price +0.7%, total +1.1%, SPY −0.4%, +1.4 pts.
SPY
−0.4%
IACL
+1.1%
1.4 pts ahead of SPY
0.4% of it arrived as cash. Both charts share one scale, 0 to +26.9%. IACL since launch: paid 0.4%, price +0.7%, total +1.1%, SPY −0.4%, +1.4 pts.
Performance, window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | CAIQ | IACL | CAIQ | IACL | CAIQ | IACL |
| 3 months | +2.6% | not published | 2.9% | not published | +0.5 pts | not published |
| 6 months | +18.4% | not published | 8.0% | not published | −8.4 pts | not published |
| Since launch CAIQ Nov 2025 · IACL Aug 2026 | +19.6% | +1.1% | 13.7% | 0.4% | −7.3 pts | +1.4 pts |
CAIQ and IACL over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →
On the same fields
CAIQ and IACL on the same fields, as of Sep 30, 2026. Source: ETFIQ.
CAIQ in plain words
Over the period since launch on Nov 20, 2025 to Sep 30, 2026, CAIQ paid 13.7% of its starting value in cash distributions while its price rose 4.7%. With every distribution reinvested, the fund returned +19.6%. Nasdaq-100 (QQQ) returned +26.9% over the same days, so a holder was behind by 7.3 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 17.5%, paid monthly.
IACL in plain words
Over the period since launch on Aug 18, 2026 to Sep 30, 2026, IACL paid 0.4% of its starting value in cash distributions while its price rose 0.7%. With every distribution reinvested, the fund returned +1.1%. S&P 500 (SPY), used as a default proxy returned −0.4% over the same days, so a holder was ahead by 1.4 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 5.0%, paid periodically. GraniteShares estimates that 99% of the distribution paid Sep 11, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
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ETFIQ, CAIQ against IACL, data as of Sep 30, 2026. https://etfiq.com/compare/income/caiq-vs-iacl
Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.
Cite this page. ETFIQ, CAIQ against IACL, data as of Sep 30, 2026. https://etfiq.com/compare/income/caiq-vs-iacl Free to use with attribution; the underlying files are at Open data.
Other forms
- Plain
- ETFIQ, CAIQ against IACL, data as of Sep 30, 2026. https://etfiq.com/compare/income/caiq-vs-iacl
- APA
- ETFIQ. (Sep 30, 2026). CAIQ against IACL. Retrieved from https://etfiq.com/compare/income/caiq-vs-iacl
- Markdown
- [CAIQ against IACL (ETFIQ, Sep 30, 2026)](https://etfiq.com/compare/income/caiq-vs-iacl)