CAIQ vs PLA: which paid, and which earned it?

CAIQ and PLA both write options for income. Calamos Nasdaq Autocallable Income ETF and GraniteShares Autocallable PLTR ETF.

13.7%
CAIQ cash paid, since launch
6.9%
PLA cash paid, since launch
+19.6%
CAIQ total return, since launch
+11.1%
PLA total return, since launch
CAIQ · since launch to Sep 30, 20267.3 pts behind QQQ
CAIQ
+19.6%
QQQ
+26.9%

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.

PLA · since launch to Sep 30, 202627.2 pts behind PLTR
PLA
+11.1%
PLTR
+38.3%

27.2 pts behind PLTR

PLA since launch: paid 6.9%, price +3.7%, total +11.1%, PLTR +38.3%, −27.2 pts.

PLTR

+38.3%

PLA

+11.1%

6.9% as cash

27.2 pts behind PLTR

Total return, distributions reinvested

27.2 pts behind PLTR

PLA since launch: paid 6.9%, price +3.7%, total +11.1%, PLTR +38.3%, −27.2 pts.

PLTR

+38.3%

PLA

+11.1%

27.2 pts behind PLTR

6.9% of it arrived as cash. Both charts share one scale, 0 to +38.3%. PLA since launch: paid 6.9%, price +3.7%, total +11.1%, PLTR +38.3%, −27.2 pts.

Performance, window by window

Total returnCash paidAgainst the benchmark
WindowCAIQPLACAIQPLACAIQPLA
3 months+2.6%+11.5%2.9%3.5%+0.5 pts−37.2 pts
6 months+18.4%not published8.0%not published−8.4 ptsnot published
Since launch
CAIQ Nov 2025 · PLA May 2026
+19.6%+11.1%13.7%6.9%−7.3 pts−27.2 pts

CAIQ and PLA 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
Calamos Nasdaq Autocallable Income ETF · Autocallable on QQQ, paying monthly
PLA
GraniteShares Autocallable PLTR ETF · Autocallable on PLTR, paying monthly
Issuer Calamos GraniteShares
Strategy autocallable autocallable
Benchmark Nasdaq-100 (QQQ) Palantir (PLTR)
Pays monthly monthly
Payout rate, annualized 17.5% 19.3%
Expense ratio 0.74% 1.07%
Cash paid, 1 year 13.7% (since launch on Nov 20, 2025) 6.9% (since launch on May 19, 2026)
Price change, 1 year +4.7% +3.7%
Total return, 1 year +19.6% (since launch on Nov 20, 2025) +11.1% (since launch on May 19, 2026)
Benchmark return, 1 year +26.9% +38.3%
Ahead or behind −7.3 pts −27.2 pts
Return of capital, latest estimate not published 0%
Age 314 days 134 days
Net assets $167m $4m

CAIQ and PLA 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.

PLA in plain words

Over the period since launch on May 19, 2026 to Sep 30, 2026, PLA paid 6.9% of its starting value in cash distributions while its price rose 3.7%. With every distribution reinvested, the fund returned +11.1%. Palantir (PLTR) returned +38.3% over the same days, so a holder was behind by 27.2 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 19.3%, paid monthly. GraniteShares estimates that 0% 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

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

ETFIQ, CAIQ against PLA, data as of Sep 30, 2026. https://etfiq.com/compare/income/caiq-vs-pla

Open data

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