Which is cheaper, MRA or OCTJ?

MRA charges 1.07% a year and OCTJ charges 0.79%, so OCTJ is cheaper. Fees come from each fund's prospectus.

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

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

13.7%

MRA cash paid, since launch

5.3%

OCTJ cash paid, 1 year

+4.6%

MRA total return, since launch

+5.5%

OCTJ total return, 1 year

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

OCTJ · 1 year to Sep 30, 202610.3 pts behind SPY

OCTJ

+5.5%

SPY

+15.7%

10.3 pts behind SPY

OCTJ over 1 year: paid 5.3%, price 0.0%, total +5.5%, SPY +15.7%, −10.3 pts.

SPY

+15.7%

OCTJ

+5.5%

5.3% cash

10.3 pts behind SPY

Total return, distributions reinvested

10.3 pts behind SPY

OCTJ over 1 year: paid 5.3%, price 0.0%, total +5.5%, SPY +15.7%, −10.3 pts.

SPY

+15.7%

OCTJ

+5.5%

10.3 pts behind SPY

5.3% of it arrived as cash. Both charts share one scale, 0 to +15.7%. OCTJ over 1 year: paid 5.3%, price 0.0%, total +5.5%, SPY +15.7%, −10.3 pts.

Performance, window by window

	Total return		Cash paid		Against the benchmark
Window	MRA	OCTJ	MRA	OCTJ	MRA	OCTJ
3 months	+7.2%	+1.0%	7.5%	1.3%	+22.4 pts	−1.5 pts
6 months	not published	+3.4%	not published	2.7%	not published	−13.6 pts
1 year	not published	+5.5%	not published	5.3%	not published	−10.3 pts
Since launch MRA May 2026 · OCTJ Oct 2023	+4.6%	+18.9%	13.7%	17.2%	+25.5 pts	−66.1 pts

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

On the same fields

MRA

GraniteShares Autocallable MARA ETF · Autocallable on MARA, paying monthly

OCTJ

Innovator Premium Income 30 Barrier ETF - October · Defined income on SPY, paying quarterly

Issuer GraniteShares Innovator

Strategy autocallable defined income

Benchmark MARA (MARA) S&P 500 (SPY)

Pays monthly quarterly

Payout rate, annualized 45.3% 5.3%

Expense ratio 1.07% 0.79%

Cash paid, 1 year 13.7% (since launch on May 27, 2026) 5.3%

Price change, 1 year −10.4% 0.0%

Total return, 1 year +4.6% (since launch on May 27, 2026) +5.5%

Benchmark return, 1 year −20.9% +15.7%

Ahead or behind +25.5 pts −10.3 pts

Return of capital, latest estimate not published not published

Age 126 days 1094 days

Net assets $1m $15m

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

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.

OCTJ in plain words

Over the year to Sep 30, 2026, OCTJ paid 5.3% of its starting value in cash distributions while its price rose 0.0%. With every distribution reinvested, the fund returned +5.5%. S&P 500 (SPY) returned +15.7% over the same days, so a holder was behind by 10.3 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 5.3%, paid quarterly.

Questions people ask

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

Other comparisons

MRA vs ACYN MRA vs ACYQ MRA vs ACYS MRA vs AHD OCTJ vs QQQI OCTJ vs QYLD OCTJ vs QYLG OCTJ vs RDVI

S&P 500 (SPY) →MRA on its own →OCTJ on its own →How every figure is computed →Standards and sources →

Where these figures came from

MRA filings on SEC EDGAR ↗MRA prospectus with the expense ratio (SEC) ↗GraniteShares page for MRA ↗OCTJ filings on SEC EDGAR ↗OCTJ prospectus with the expense ratio (SEC) ↗Innovator page for OCTJ ↗

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.

Cite this page

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

Open data

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