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

IACL and PLA both write options for income. GraniteShares US 100 Autocallable Income ETF and GraniteShares Autocallable PLTR ETF.

0.4%
IACL cash paid, since launch
6.9%
PLA cash paid, since launch
+1.1%
IACL total return, since launch
+11.1%
PLA total return, since launch
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.

PLA · since launch to Sep 30, 202627.2 pts behind PLTR
PLA
+11.1%
PLTR
+38.3%

27.2 pts behind PLTR

PLA since launch: paid 6.9%, price +3.7%, total +11.1%, PLTR +38.3%, −27.2 pts.

PLTR

+38.3%

PLA

+11.1%

6.9% as cash

27.2 pts behind PLTR

Total return, distributions reinvested

27.2 pts behind PLTR

PLA since launch: paid 6.9%, price +3.7%, total +11.1%, PLTR +38.3%, −27.2 pts.

PLTR

+38.3%

PLA

+11.1%

27.2 pts behind PLTR

6.9% of it arrived as cash. Both charts share one scale, 0 to +38.3%. PLA since launch: paid 6.9%, price +3.7%, total +11.1%, PLTR +38.3%, −27.2 pts.

Performance, window by window

Total returnCash paidAgainst the benchmark
WindowIACLPLAIACLPLAIACLPLA
3 monthsnot published+11.5%not published3.5%not published−37.2 pts
Since launch
IACL Aug 2026 · PLA May 2026
+1.1%+11.1%0.4%6.9%+1.4 pts−27.2 pts

IACL and PLA 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
PLA
GraniteShares Autocallable PLTR ETF · Autocallable on PLTR, paying monthly
Issuer GraniteShares GraniteShares
Strategy autocallable autocallable
Benchmark S&P 500 (SPY), used as a default proxy Palantir (PLTR)
Pays not established monthly
Payout rate, annualized 5.0% 19.3%
Expense ratio 0.55% 1.07%
Cash paid, 1 year 0.4% (since launch on Aug 18, 2026) 6.9% (since launch on May 19, 2026)
Price change, 1 year +0.7% +3.7%
Total return, 1 year +1.1% (since launch on Aug 18, 2026) +11.1% (since launch on May 19, 2026)
Benchmark return, 1 year −0.4% +38.3%
Ahead or behind +1.4 pts −27.2 pts
Return of capital, latest estimate 99% 0%
Age 43 days 134 days
Net assets $3m $4m

IACL and PLA 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).

PLA in plain words

Over the period since launch on May 19, 2026 to Sep 30, 2026, PLA paid 6.9% of its starting value in cash distributions while its price rose 3.7%. With every distribution reinvested, the fund returned +11.1%. Palantir (PLTR) returned +38.3% over the same days, so a holder was behind by 27.2 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 19.3%, paid monthly. GraniteShares estimates that 0% 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).

Questions people ask

Which is cheaper, IACL or PLA?
IACL charges 0.55% a year and PLA charges 1.07%, so IACL is cheaper. Fees come from each fund's prospectus.
Cite this page

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

Open data

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