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

JULJ and MRA both write options for income. Innovator Premium Income 30 Barrier ETF - July and GraniteShares Autocallable MARA ETF.

5.7%
JULJ cash paid, 1 year
13.7%
MRA cash paid, since launch
+5.1%
JULJ total return, 1 year
+4.6%
MRA total return, since launch
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% 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. Total return, distributions reinvested. JULJ over 1 year: paid 5.7%, price −0.7%, total +5.1%, SPY +15.7%, −10.6 pts.

MRA · since launch to Sep 30, 202625.5 pts ahead of MARA
MRA
+4.6%
MARA
−20.9%

25.5 pts ahead of MARA

MRA since launch: paid 13.7%, price −10.4%, total +4.6%, MARA −20.9%, +25.5 pts.

MARA

−20.9%

MRA

+4.6%

25.5 pts ahead of MARA

Total return, distributions reinvested

25.5 pts ahead of MARA

MRA since launch: paid 13.7%, price −10.4%, total +4.6%, MARA −20.9%, +25.5 pts.

MARA

−20.9%

MRA

+4.6%

25.5 pts ahead of MARA

13.7% of it arrived as cash. Both charts share one scale, 0 to +15.7%. MRA since launch: paid 13.7%, price −10.4%, total +4.6%, MARA −20.9%, +25.5 pts.

Performance, window by window

Total returnCash paidAgainst the benchmark
WindowJULJMRAJULJMRAJULJMRA
3 months+1.6%+7.2%1.4%7.5%−0.9 pts+22.4 pts
6 months+2.8%not published2.7%not published−14.2 ptsnot published
1 year+5.1%not published5.7%not published−10.6 ptsnot published
3 years+19.3%not published17.4%not published−65.7 ptsnot published
Since launch
JULJ Jul 2023 · MRA May 2026
+20.6%+4.6%19.0%13.7%−58.2 pts+25.5 pts

JULJ and MRA over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

JULJ
Innovator Premium Income 30 Barrier ETF - July · Defined income on SPY, paying quarterly
MRA
GraniteShares Autocallable MARA ETF · Autocallable on MARA, paying monthly
Issuer Innovator GraniteShares
Strategy defined income autocallable
Benchmark S&P 500 (SPY) MARA (MARA)
Pays quarterly monthly
Payout rate, annualized 5.4% 45.3%
Expense ratio 0.79% 1.07%
Cash paid, 1 year 5.7% 13.7% (since launch on May 27, 2026)
Price change, 1 year −0.7% −10.4%
Total return, 1 year +5.1% +4.6% (since launch on May 27, 2026)
Benchmark return, 1 year +15.7% −20.9%
Ahead or behind −10.6 pts +25.5 pts
Return of capital, latest estimate not published not published
Age 1185 days 126 days
Net assets $14m $1m

JULJ and MRA on the same fields, as of Sep 30, 2026. Source: ETFIQ.

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.

MRA in plain words

Over the period since launch on May 27, 2026 to Sep 30, 2026, MRA paid 13.7% of its starting value in cash distributions while its price fell 10.4%. With every distribution reinvested, the fund returned +4.6%. MARA (MARA) returned −20.9% over the same days, so a holder was ahead by 25.5 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 45.3%, paid monthly.

Questions people ask

Which is cheaper, JULJ or MRA?
JULJ charges 0.79% a year and MRA charges 1.07%, so JULJ is cheaper. Fees come from each fund's prospectus.
Cite this page

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

Open data

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