JULH vs MSR: which paid, and which earned it?
JULH and MSR both write options for income. Innovator Premium Income 20 Barrier ETF - July and GraniteShares Autocallable MSTR ETF.
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
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. Total return, distributions reinvested. JULH over 1 year: paid 4.8%, price −0.4%, total +4.5%, SPY +15.7%, −11.2 pts.
16.6 pts behind MSTR
MSR since launch: paid 5.2%, price −38.4%, total −33.6%, MSTR −17.0%, −16.6 pts.
MSTR
−17.0%
MSR
−33.6%
16.6 pts behind MSTR
Total return, distributions reinvested
16.6 pts behind MSTR
MSR since launch: paid 5.2%, price −38.4%, total −33.6%, MSTR −17.0%, −16.6 pts.
MSTR
−17.0%
MSR
−33.6%
16.6 pts behind MSTR
5.2% of it arrived as cash. Both charts share one scale, 0 to +15.7%. MSR since launch: paid 5.2%, price −38.4%, total −33.6%, MSTR −17.0%, −16.6 pts.
What they hold in common
By the books each fund has filed, JULH and MSR hold 100% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Jun 30, 2026.
half
100% in common
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.
Performance, window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | JULH | MSR | JULH | MSR | JULH | MSR |
| 3 months | +2.0% | +14.9% | 1.6% | 4.1% | −0.5 pts | −49.0 pts |
| 6 months | +3.6% | not published | 2.7% | not published | −13.4 pts | not published |
| 1 year | +4.5% | not published | 4.8% | not published | −11.2 pts | not published |
| 3 years | +21.9% | not published | 18.6% | not published | −63.0 pts | not published |
| Since launch JULH Jul 2023 · MSR May 2026 | +22.9% | −33.6% | 20.3% | 5.2% | −55.9 pts | −16.6 pts |
JULH and MSR over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →
On the same fields
JULH and MSR on the same fields, as of Sep 30, 2026. Source: ETFIQ.
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.
MSR in plain words
Over the period since launch on May 12, 2026 to Sep 30, 2026, MSR paid 5.2% of its starting value in cash distributions while its price fell 38.4%. With every distribution reinvested, the fund returned −33.6%. MicroStrategy (MSTR) returned −17.0% over the same days, so a holder was behind by 16.6 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 44.3%, paid periodically. GraniteShares estimates that 0% of the distribution paid Jun 5, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.
ETFIQ, JULH against MSR, data as of Sep 30, 2026. https://etfiq.com/compare/income/julh-vs-msr
Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.
Cite this page. ETFIQ, JULH against MSR, data as of Sep 30, 2026. https://etfiq.com/compare/income/julh-vs-msr Free to use with attribution; the underlying files are at Open data.
Other forms
- Plain
- ETFIQ, JULH against MSR, data as of Sep 30, 2026. https://etfiq.com/compare/income/julh-vs-msr
- APA
- ETFIQ. (Sep 30, 2026). JULH against MSR. Retrieved from https://etfiq.com/compare/income/julh-vs-msr
- Markdown
- [JULH against MSR (ETFIQ, Sep 30, 2026)](https://etfiq.com/compare/income/julh-vs-msr)