MRA vs TLA: which paid, and which earned it?
MRA and TLA both write options for income. GraniteShares Autocallable MARA ETF and GraniteShares Autocallable TSLA ETF.
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%
13.7% cash
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.
26.3 pts ahead of TSLA
TLA since launch: paid 11.1%, price −1.4%, total +10.4%, TSLA −15.9%, +26.3 pts.
TSLA
−15.9%
TLA
+10.4%
11.1% of it arrived as cash
26.3 pts ahead of TSLA
Total return, distributions reinvested
26.3 pts ahead of TSLA
TLA since launch: paid 11.1%, price −1.4%, total +10.4%, TSLA −15.9%, +26.3 pts.
TSLA
−15.9%
TLA
+10.4%
26.3 pts ahead of TSLA
11.1% of it arrived as cash. Both charts share one scale, 0 to +10.4%. TLA since launch: paid 11.1%, price −1.4%, total +10.4%, TSLA −15.9%, +26.3 pts.
Performance, window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | MRA | TLA | MRA | TLA | MRA | TLA |
| 3 months | +7.2% | +3.3% | 7.5% | 3.1% | +22.4 pts | +19.9 pts |
| 6 months | not published | +11.2% | not published | 8.2% | not published | +18.1 pts |
| Since launch MRA May 2026 · TLA Feb 2026 | +4.6% | +10.4% | 13.7% | 11.1% | +25.5 pts | +26.3 pts |
MRA and TLA 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 and TLA 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.
TLA in plain words
Over the period since launch on Feb 3, 2026 to Sep 30, 2026, TLA paid 11.1% of its starting value in cash distributions while its price fell 1.4%. With every distribution reinvested, the fund returned +10.4%. Tesla (TSLA) returned −15.9% over the same days, so a holder was ahead by 26.3 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 18.4%, paid monthly. GraniteShares estimates that 4% 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
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ETFIQ, MRA against TLA, data as of Sep 30, 2026. https://etfiq.com/compare/income/mra-vs-tla
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, MRA against TLA, data as of Sep 30, 2026. https://etfiq.com/compare/income/mra-vs-tla Free to use with attribution; the underlying files are at Open data.
Other forms
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- ETFIQ, MRA against TLA, data as of Sep 30, 2026. https://etfiq.com/compare/income/mra-vs-tla
- APA
- ETFIQ. (Sep 30, 2026). MRA against TLA. Retrieved from https://etfiq.com/compare/income/mra-vs-tla
- Markdown
- [MRA against TLA (ETFIQ, Sep 30, 2026)](https://etfiq.com/compare/income/mra-vs-tla)