Which paid more, MRA or SCA?

Over the year to Sep 30, 2026, MRA paid 13.7% of its starting price in cash and SCA paid 12.8%, so MRA paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, MRA or SCA?

With every distribution reinvested, MRA returned +4.6% and SCA +17.8% over the year to Sep 30, 2026.

Which is cheaper, MRA or SCA?

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

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

Over the window both share MRA paid 13.7% of its price in cash against SCA’s 12.8%, though SCA returned more with it reinvested. GraniteShares Autocallable MARA ETF and GraniteShares Autocallable SMCI ETF.

13.7%

MRA cash paid, since launch

12.8%

SCA cash paid, since launch

+4.6%

MRA total return, since launch

+17.8%

SCA total return, since launch

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.

SCA · since launch to Sep 30, 202610.3 pts ahead of SMCI

SCA

+17.8%

SMCI

+7.5%

10.3 pts ahead of SMCI

SCA since launch: paid 12.8%, price +2.9%, total +17.8%, SMCI +7.5%, +10.3 pts.

SMCI

+7.5%

SCA

+17.8%

12.8% of it arrived as cash

10.3 pts ahead of SMCI

Total return, distributions reinvested

10.3 pts ahead of SMCI

SCA since launch: paid 12.8%, price +2.9%, total +17.8%, SMCI +7.5%, +10.3 pts.

SMCI

+7.5%

SCA

+17.8%

10.3 pts ahead of SMCI

12.8% of it arrived as cash. Both charts share one scale, 0 to +17.8%. SCA since launch: paid 12.8%, price +2.9%, total +17.8%, SMCI +7.5%, +10.3 pts.

Performance, window by window

	Total return		Cash paid		Against the benchmark
Window	MRA	SCA	MRA	SCA	MRA	SCA
3 months	+7.2%	+38.2%	7.5%	8.0%	+22.4 pts	−10.4 pts
Since launch MRA May 2026 · SCA May 2026	+4.6%	+17.8%	13.7%	12.8%	+25.5 pts	+10.3 pts

MRA and SCA 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

SCA

GraniteShares Autocallable SMCI ETF · Autocallable on SMCI, paying monthly

Issuer GraniteShares GraniteShares

Strategy autocallable autocallable

Benchmark MARA (MARA) Super Micro (SMCI)

Pays monthly monthly

Payout rate, annualized 45.3% 36.6%

Expense ratio 1.07% 1.07%

Cash paid, 1 year 13.7% (since launch on May 27, 2026) 12.8% (since launch on May 27, 2026)

Price change, 1 year −10.4% +2.9%

Total return, 1 year +4.6% (since launch on May 27, 2026) +17.8% (since launch on May 27, 2026)

Benchmark return, 1 year −20.9% +7.5%

Ahead or behind +25.5 pts +10.3 pts

Return of capital, latest estimate not published 29%

Age 126 days 126 days

Net assets $1m $2m

MRA and SCA 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.

SCA in plain words

Over the period since launch on May 27, 2026 to Sep 30, 2026, SCA paid 12.8% of its starting value in cash distributions while its price rose 2.9%. With every distribution reinvested, the fund returned +17.8%. Super Micro (SMCI) returned +7.5% over the same days, so a holder was ahead by 10.3 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 36.6%, paid monthly. GraniteShares estimates that 29% 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 paid more, MRA or SCA?: Over the year to Sep 30, 2026, MRA paid 13.7% of its starting price in cash and SCA paid 12.8%, so MRA paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, MRA or SCA?: With every distribution reinvested, MRA returned +4.6% and SCA +17.8% over the year to Sep 30, 2026.
Which is cheaper, MRA or SCA?: MRA charges 1.07% a year and SCA charges 1.07%, so MRA is cheaper. Fees come from each fund's prospectus.

Other comparisons

MRA vs JANQ MRA vs MAAY MRA vs MARO MRA vs MSR SCA vs ACSP SCA vs ACYN SCA vs ACYQ SCA vs ACYS

MRA on its own →SCA on its own →How every figure is computed →Standards and sources →

Where these figures came from

MRA and SCA filings on SEC EDGAR ↗MRA and SCA prospectus with the expense ratio (SEC) ↗GraniteShares page for MRA ↗SCA 19a-1 distribution notice ↗GraniteShares page for SCA ↗

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 SCA, data as of Sep 30, 2026. https://etfiq.com/compare/income/mra-vs-sca

Open data

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