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

IACL and JULJ both write options for income. GraniteShares US 100 Autocallable Income ETF and Innovator Premium Income 30 Barrier ETF - July.

0.4%
IACL cash paid, since launch
5.7%
JULJ cash paid, 1 year
+1.1%
IACL total return, since launch
+5.1%
JULJ 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.

JULJ · 1 year to Sep 30, 202610.6 pts behind SPY
JULJ
+5.1%
SPY
+15.7%

10.6 pts behind SPY

JULJ over 1 year: paid 5.7%, price −0.7%, total +5.1%, SPY +15.7%, −10.6 pts.

SPY

+15.7%

JULJ

+5.1%

5.7% of it arrived as cash

10.6 pts behind SPY

Total return, distributions reinvested

10.6 pts behind SPY

JULJ over 1 year: paid 5.7%, price −0.7%, total +5.1%, SPY +15.7%, −10.6 pts.

SPY

+15.7%

JULJ

+5.1%

10.6 pts behind SPY

5.7% of it arrived as cash. Both charts share one scale, 0 to +15.7%. JULJ over 1 year: paid 5.7%, price −0.7%, total +5.1%, SPY +15.7%, −10.6 pts.

Performance, window by window

Total returnCash paidAgainst the benchmark
WindowIACLJULJIACLJULJIACLJULJ
3 monthsnot published+1.6%not published1.4%not published−0.9 pts
6 monthsnot published+2.8%not published2.7%not published−14.2 pts
1 yearnot published+5.1%not published5.7%not published−10.6 pts
3 yearsnot published+19.3%not published17.4%not published−65.7 pts
Since launch
IACL Aug 2026 · JULJ Jul 2023
+1.1%+20.6%0.4%19.0%+1.4 pts−58.2 pts

IACL and JULJ 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
JULJ
Innovator Premium Income 30 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% 5.4%
Expense ratio 0.55% 0.79%
Cash paid, 1 year 0.4% (since launch on Aug 18, 2026) 5.7%
Price change, 1 year +0.7% −0.7%
Total return, 1 year +1.1% (since launch on Aug 18, 2026) +5.1%
Benchmark return, 1 year −0.4% +15.7%
Ahead or behind +1.4 pts −10.6 pts
Return of capital, latest estimate 99% not published
Age 43 days 1185 days
Net assets $3m $14m

IACL and JULJ 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).

JULJ in plain words

Over the year to Sep 30, 2026, JULJ paid 5.7% of its starting value in cash distributions while its price fell 0.7%. With every distribution reinvested, the fund returned +5.1%. S&P 500 (SPY) returned +15.7% over the same days, so a holder was behind by 10.6 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 5.4%, paid quarterly.

Questions people ask

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

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

Open data

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