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

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

0.4%
IACL cash paid, since launch
4.8%
JULH cash paid, 1 year
+1.1%
IACL total return, since launch
+4.5%
JULH 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.

JULH · 1 year to Sep 30, 202611.2 pts behind SPY
JULH
+4.5%
SPY
+15.7%

11.2 pts behind SPY

JULH over 1 year: paid 4.8%, price −0.4%, total +4.5%, SPY +15.7%, −11.2 pts.

SPY

+15.7%

JULH

+4.5%

4.8% as cash

11.2 pts behind SPY

Total return, distributions reinvested

11.2 pts behind SPY

JULH over 1 year: paid 4.8%, price −0.4%, total +4.5%, SPY +15.7%, −11.2 pts.

SPY

+15.7%

JULH

+4.5%

11.2 pts behind SPY

4.8% of it arrived as cash. Both charts share one scale, 0 to +15.7%. JULH over 1 year: paid 4.8%, price −0.4%, total +4.5%, SPY +15.7%, −11.2 pts.

Performance, window by window

Total returnCash paidAgainst the benchmark
WindowIACLJULHIACLJULHIACLJULH
3 monthsnot published+2.0%not published1.6%not published−0.5 pts
6 monthsnot published+3.6%not published2.7%not published−13.4 pts
1 yearnot published+4.5%not published4.8%not published−11.2 pts
3 yearsnot published+21.9%not published18.6%not published−63.0 pts
Since launch
IACL Aug 2026 · JULH Jul 2023
+1.1%+22.9%0.4%20.3%+1.4 pts−55.9 pts

IACL and JULH 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
JULH
Innovator Premium Income 20 Barrier ETF - July · 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% 6.6%
Expense ratio 0.55% 0.79%
Cash paid, 1 year 0.4% (since launch on Aug 18, 2026) 4.8%
Price change, 1 year +0.7% −0.4%
Total return, 1 year +1.1% (since launch on Aug 18, 2026) +4.5%
Benchmark return, 1 year −0.4% +15.7%
Ahead or behind +1.4 pts −11.2 pts
Return of capital, latest estimate 99% not published
Age 43 days 1185 days
Net assets $3m $17m

IACL and JULH 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).

JULH in plain words

Over the year to Sep 30, 2026, JULH paid 4.8% of its starting value in cash distributions while its price fell 0.4%. With every distribution reinvested, the fund returned +4.5%. S&P 500 (SPY) returned +15.7% over the same days, so a holder was behind by 11.2 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 6.6%, paid quarterly.

Questions people ask

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

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

Open data

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