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

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

0.4%
IACL cash paid, since launch
6.5%
OCTH cash paid, 1 year
+1.1%
IACL total return, since launch
+5.7%
OCTH 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.

OCTH · 1 year to Sep 30, 202610 pts behind SPY
OCTH
+5.7%
SPY
+15.7%

10 pts behind SPY

OCTH over 1 year: paid 6.5%, price −0.9%, total +5.7%, SPY +15.7%, −10.0 pts.

SPY

+15.7%

OCTH

+5.7%

6.5% of it arrived as cash

10 pts behind SPY

Total return, distributions reinvested

10 pts behind SPY

OCTH over 1 year: paid 6.5%, price −0.9%, total +5.7%, SPY +15.7%, −10.0 pts.

SPY

+15.7%

OCTH

+5.7%

10 pts behind SPY

6.5% of it arrived as cash. Both charts share one scale, 0 to +15.7%. OCTH over 1 year: paid 6.5%, price −0.9%, total +5.7%, SPY +15.7%, −10.0 pts.

Performance, window by window

Total returnCash paidAgainst the benchmark
WindowIACLOCTHIACLOCTHIACLOCTH
3 monthsnot published+0.9%not published1.6%not published−1.6 pts
6 monthsnot published+4.5%not published3.3%not published−12.5 pts
1 yearnot published+5.7%not published6.5%not published−10.0 pts
Since launch
IACL Aug 2026 · OCTH Oct 2023
+1.1%+22.8%0.4%20.7%+1.4 pts−62.3 pts

IACL and OCTH 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
OCTH
Innovator Premium Income 20 Barrier ETF - October · 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% 6.5%
Expense ratio 0.55% 0.79%
Cash paid, 1 year 0.4% (since launch on Aug 18, 2026) 6.5%
Price change, 1 year +0.7% −0.9%
Total return, 1 year +1.1% (since launch on Aug 18, 2026) +5.7%
Benchmark return, 1 year −0.4% +15.7%
Ahead or behind +1.4 pts −10.0 pts
Return of capital, latest estimate 99% not published
Age 43 days 1094 days
Net assets $3m $16m

IACL and OCTH 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).

OCTH in plain words

Over the year to Sep 30, 2026, OCTH paid 6.5% of its starting value in cash distributions while its price fell 0.9%. With every distribution reinvested, the fund returned +5.7%. S&P 500 (SPY) returned +15.7% over the same days, so a holder was behind by 10.0 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 6.5%, paid quarterly.

Questions people ask

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

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

Open data

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