Data as of Nov 12, 2026.

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MPIM vs SCA: Dividend Yield & Total Return

Return, fees and overlap, side by side.

Return gap
+3.5 pts
3 months to Nov 12, 2026: SCA ahead, total return
Fee gap
0.48 pts
A year: MPIM 0.70%, SCA 1.18%, per filings dated Aug 7, 2026 and Oct 28, 2026
Overlap
–
No book read for both funds
Net flow
–
Needs daily flows for both funds

Pair scorecard

MPIM costs 0.48 points a year less.

Points (pts) are percentage points.

MPIM vs SCA: Dividend Yield & Total Return
MeasureMPIMSCA
Paid and earned
Price changefell 12.8% (since Aug 12, 2026)fell 13.8% (since May 27, 2026)
Against its benchmark
Benchmarknot publishedSuper Micro (SMCI)
Cost and size
Expense ratio0.70%1.18%
Net assetsnot read by ETFIQ$3.8m
Holdings
Holdings in commonnot published

Method

Key numbers
3.0%
MPIM cash paid, since launch, Aug 12, 2026
15.9%
SCA cash paid, since launch, May 27, 2026
−10.0%
MPIM total return, since launch, Aug 12, 2026
+1.6%
SCA total return, since launch, May 27, 2026
MPIM · since launch to Nov 12, 2026 Not measured
MPIM
−10.0%
none

Not measured

MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.

MPIM

−10.0%

Total return, distributions reinvested

Not measured

MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.

MPIM

−10.0%

3.0% of it arrived as cash. Total return, distributions reinvested. MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.

Data to Nov 12, 2026.
SCA · since launch to Nov 12, 2026 30.9 pts ahead of SMCI
SCA
+1.6%
SMCI
−29.3%

30.9 pts ahead of SMCI

SCA since launch: paid 15.9%, price −13.8%, total +1.6%, SMCI −29.3%, +30.9 pts. Data to Nov 12, 2026.

SMCI

−29.3%

SCA

+1.6%

30.9 pts ahead of SMCI

Total return, distributions reinvested

30.9 pts ahead of SMCI

SCA since launch: paid 15.9%, price −13.8%, total +1.6%, SMCI −29.3%, +30.9 pts. Data to Nov 12, 2026.

SMCI

−29.3%

SCA

+1.6%

30.9 pts ahead of SMCI

15.9% of it arrived as cash. Both charts share one scale, with zero at the line. SCA since launch: paid 15.9%, price −13.8%, total +1.6%, SMCI −29.3%, +30.9 pts. Data to Nov 12, 2026.

Data to Nov 12, 2026.

Side by side

MPIM m+ Income Momentum Autocall ETF · Autocallable SCA GraniteShares Autocallable SMCI ETF · Autocallable on SMCI, paying monthly
Strategy autocallable autocallable
Benchmark not set Super Micro (SMCI)
Pays not established monthly
Payout rate, annualized 17.0% 43.1%
Expense ratio 0.70% 1.18%
Cash paid, 1 year 3.0% (since launch, Aug 12, 2026) 15.9% (since launch, May 27, 2026)
Price change, 1 year −12.8% (since launch, Aug 12, 2026) −13.8% (since launch, May 27, 2026)
Total return, 1 year −10.0% (since launch, Aug 12, 2026) +1.6% (since launch, May 27, 2026)
Benchmark return, 1 year not published −29.3% (since launch, May 27, 2026)
Ahead or behind not available +30.9 pts (since launch, May 27, 2026)
Return of capital, latest estimate not published 29%
Age 92 days 169 days
Net assets not read by ETFIQ $3.8m

As of Nov 12, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: MPIM vs SCA: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowMPIMSCAMPIMSCAMPIMSCA
3 months−10.6%−7.1%3.0%6.3%not measured+24.0 pts
Since launchNot the same days: MPIM Aug 2026 · SCA May 2026−10.0%+1.6%3.0%15.9%not measured+30.9 pts

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About each fund
MPIM

Over the period from its first trade on Aug 12, 2026 to Nov 12, 2026, MPIM paid 3.0% of its starting value in cash distributions while its price fell 12.8%. With every distribution reinvested, the fund returned −10.0%. At its price on Nov 12, 2026 the latest distribution annualizes to 17.0%, paid periodically.

SCA

Over the period from its first trade on May 27, 2026 to Nov 12, 2026, SCA paid 15.9% of its starting value in cash distributions while its price fell 13.8%. With every distribution reinvested, the fund returned +1.6%. Super Micro (SMCI) returned −29.3% over the same days, so a holder was ahead by 30.9 pts. At its price on Nov 12, 2026 the latest distribution annualizes to 43.1%, paid monthly. GraniteShares estimates that 29% of the distribution paid Sep 11, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

Questions people ask

Which is cheaper, MPIM or SCA?
MPIM charges 0.70% a year and SCA charges 1.18%, so MPIM is cheaper. Fees come from each fund's prospectus.
Other comparisons
Cite this pageCitation, APA and Markdown

ETFIQ, MPIM against SCA, data as of Nov 12, 2026. https://etfiq.com/compare/income/mpim-vs-sca

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MPIM and SCA both write options for income.

Growth of 100

MPIM and SCA

Total return, distributions reinvested, 3 months.

MPIM −10.6%SCA −7.1%
Aug 13, 2026Nov 12, 2026

MPIM −10.6%, SCA −7.1%: SCA +3.5 pts ahead, 3 months, Aug 13, 2026 to Nov 12, 2026.