Which is cheaper, IACL or JANH?

IACL charges 0.55% a year and JANH charges 0.79%, so IACL is cheaper. Fees come from each fund's prospectus.

IACL vs JANH: which paid, and which earned it?

IACL and JANH both write options for income. GraniteShares US 100 Autocallable Income ETF and Innovator Premium Income 20 Barrier ETF - January.

0.4%

IACL cash paid, since launch

6.3%

JANH cash paid, 1 year

+1.1%

IACL total return, since launch

+6.5%

JANH total return, 1 year

IACL · since launch to Sep 30, 20261.4 pts ahead of SPY

IACL

+1.1%

SPY

−0.4%

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. Total return, distributions reinvested. IACL since launch: paid 0.4%, price +0.7%, total +1.1%, SPY −0.4%, +1.4 pts.

JANH · 1 year to Sep 30, 20269.2 pts behind SPY

JANH

+6.5%

SPY

+15.7%

9.2 pts behind SPY

JANH over 1 year: paid 6.3%, price +0.1%, total +6.5%, SPY +15.7%, −9.2 pts.

SPY

+15.7%

JANH

+6.5%

6.3% of it arrived as cash

9.2 pts behind SPY

Total return, distributions reinvested

9.2 pts behind SPY

JANH over 1 year: paid 6.3%, price +0.1%, total +6.5%, SPY +15.7%, −9.2 pts.

SPY

+15.7%

JANH

+6.5%

9.2 pts behind SPY

6.3% of it arrived as cash. Both charts share one scale, 0 to +15.7%. JANH over 1 year: paid 6.3%, price +0.1%, total +6.5%, SPY +15.7%, −9.2 pts.

Performance, window by window

	Total return		Cash paid		Against the benchmark
Window	IACL	JANH	IACL	JANH	IACL	JANH
3 months	not published	+1.6%	not published	1.6%	not published	−0.9 pts
6 months	not published	+6.1%	not published	3.2%	not published	−10.9 pts
1 year	not published	+6.5%	not published	6.3%	not published	−9.2 pts
Since launch IACL Aug 2026 · JANH Jan 2024	+1.1%	+20.0%	0.4%	17.7%	+1.4 pts	−46.6 pts

IACL and JANH over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

IACL

GraniteShares US 100 Autocallable Income ETF · Autocallable on SPY

JANH

Innovator Premium Income 20 Barrier ETF - January · Defined income on SPY, paying quarterly

Issuer GraniteShares Innovator

Strategy autocallable defined income

Benchmark S&P 500 (SPY), used as a default proxy S&P 500 (SPY)

Pays not established quarterly

Payout rate, annualized 5.0% 6.3%

Expense ratio 0.55% 0.79%

Cash paid, 1 year 0.4% (since launch on Aug 18, 2026) 6.3%

Price change, 1 year +0.7% +0.1%

Total return, 1 year +1.1% (since launch on Aug 18, 2026) +6.5%

Benchmark return, 1 year −0.4% +15.7%

Ahead or behind +1.4 pts −9.2 pts

Return of capital, latest estimate 99% not published

Age 43 days 1002 days

Net assets $3m $12m

IACL and JANH on the same fields, as of Sep 30, 2026. Source: ETFIQ.

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).

JANH in plain words

Over the year to Sep 30, 2026, JANH paid 6.3% of its starting value in cash distributions while its price rose 0.1%. With every distribution reinvested, the fund returned +6.5%. S&P 500 (SPY) returned +15.7% over the same days, so a holder was behind by 9.2 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 6.3%, paid quarterly.

Questions people ask

Which is cheaper, IACL or JANH?: IACL charges 0.55% a year and JANH charges 0.79%, so IACL is cheaper. Fees come from each fund's prospectus.

Other comparisons

IACL vs ACQQ IACL vs JANJ IACL vs JANQ IACL vs JULH JANH vs MAGY JANH vs NLSI JANH vs OARK JANH vs OCTH

S&P 500 (SPY) →IACL on its own →JANH on its own →How every figure is computed →Standards and sources →

Where these figures came from

IACL filings on SEC EDGAR ↗IACL prospectus with the expense ratio (SEC) ↗IACL 19a-1 distribution notice ↗GraniteShares page for IACL ↗JANH filings on SEC EDGAR ↗JANH prospectus with the expense ratio (SEC) ↗Innovator page for JANH ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, IACL against JANH, data as of Sep 30, 2026. https://etfiq.com/compare/income/iacl-vs-janh

Open data

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