{"url":"https://etfiq.com/compare/income/iacl-vs-msr","section":"compare","title":"IACL vs MSR: which paid, and which earned it? | ETFIQ","description":"IACL paid 0.4% of its price in cash each over its own window and MSR 5.2%. Total return with distributions reinvested was +1.1% against \u221233.6%, to Sep 30","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which is cheaper, IACL or MSR?","acceptedAnswer":{"@type":"Answer","text":"IACL charges 0.55% a year and MSR charges 1.07%, so IACL is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Income ETFs","item":"https://etfiq.com/income/"},{"@type":"ListItem","position":3,"name":"IACL vs MSR","item":"https://etfiq.com/compare/income/iacl-vs-msr"}]},{"@type":"WebPage","name":"IACL vs MSR: which paid, and which earned it?","description":"IACL paid 0.4% of its price in cash each over its own window and MSR 5.2%. Total return with distributions reinvested was +1.1% against \u221233.6%, to Sep 30, 2026.","url":"https://etfiq.com/compare/income/iacl-vs-msr","dateModified":"2026-09-30","abstract":"IACL and MSR both write options for income.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of IACL and MSR","description":"IACL paid 0.4% of its price in cash each over its own window and MSR 5.2%. Total return with distributions reinvested was +1.1% against \u221233.6%, to Sep 30, 2026.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/income/iacl-vs-msr","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/income.json"}],"variableMeasured":["Cash paid","Price change","Total return with distributions reinvested","Benchmark total return","Ahead or behind in percentage points","Distribution rate","Return of capital estimate","Expense ratio"],"keywords":["exchange-traded funds","ETF","Income ETFs","fund data","SEC filings"]}],"characters":4912,"truncated":true,"content":"ETFIQ / Income ETFs / Head to head / IACL vs MSR \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n IACL vs MSR: which paid, and which earned it?\n\n IACL and MSR both write options for income.\n Copy this for sharing \n \n GraniteShares US 100 Autocallable Income ETF and GraniteShares Autocallable MSTR ETF.\n\n Download as PDF \n\n 0.4% IACL cash paid, since launch \n 5.2% MSR cash paid, since launch \n +1.1% IACL total return, since launch \n \u221233.6% MSR total return, since launch \n\n IACL 1.4 pts ahead of SPY \u00b7 since launch to Sep 30, 2026 [IACL since launch: paid 0.4%, price +0.7%, ","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/income/iacl-vs-msr","a":{"ticker":"IACL","name":"GraniteShares US 100 Autocallable Income ETF","issuer":"GraniteShares","desk":"income","as_of":"2026-09-30","verdict":"Since its launch on Aug 18, 2026, IACL paid 0.4% in cash and finished 1.4 points ahead of SPY.","url":"https://etfiq.com/funds/iacl","key_facts":[{"label":"Cash paid, since launch, on its starting price","value":"0.4%","as_of":"2026-09-30","source":null},{"label":"Total return, since launch","value":"+1.1%","as_of":"2026-09-30","source":null},{"label":"Against SPY","value":"+1.4 pts","as_of":"2026-09-30","source":null},{"label":"Return of capital, latest payout (GraniteShares estimate)","value":"99.0%","as_of":"2026-09-30","source":"GraniteShares estimate"},{"label":"Net assets","value":"$3m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.55%","as_of":"2026-09-30","source":"485BPOS XBRL, Aug 10, 2026"}]},"b":{"ticker":"MSR","name":"GraniteShares Autocallable MSTR ETF","issuer":"GraniteShares","desk":"income","as_of":"2026-09-30","verdict":"Since its launch on May 12, 2026, MSR paid 5.2% in cash and finished 16.6 points behind MSTR.","url":"https://etfiq.com/funds/msr","key_facts":[{"label":"Cash paid, since launch, on its starting price","value":"5.2%","as_of":"2026-09-30","source":null},{"label":"Total return, since launch","value":"\u221233.6%","as_of":"2026-09-30","source":null},{"label":"Against MSTR","value":"\u221216.6 pts","as_of":"2026-09-30","source":null},{"label":"Return of capital, latest payout (GraniteShares estimate)","value":"0.1%","as_of":"2026-09-30","source":"GraniteShares estimate"},{"label":"Net assets","value":"$593,832","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.07%","as_of":"2026-09-30","source":"485BPOS XBRL, Jan 13, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/income/iacl-vs-msr"}