MSR vs OCTH: which paid, and which earned it?
MSR and OCTH both write options for income. GraniteShares Autocallable MSTR ETF and Innovator Premium Income 20 Barrier ETF - October.
16.6 pts behind MSTR
MSR since launch: paid 5.2%, price −38.4%, total −33.6%, MSTR −17.0%, −16.6 pts.
MSTR
−17.0%
MSR
−33.6%
16.6 pts behind MSTR
Total return, distributions reinvested
16.6 pts behind MSTR
MSR since launch: paid 5.2%, price −38.4%, total −33.6%, MSTR −17.0%, −16.6 pts.
MSTR
−17.0%
MSR
−33.6%
16.6 pts behind MSTR
5.2% of it arrived as cash. Total return, distributions reinvested. MSR since launch: paid 5.2%, price −38.4%, total −33.6%, MSTR −17.0%, −16.6 pts.
10 pts behind SPY
OCTH over 1 year: paid 6.5%, price −0.9%, total +5.7%, SPY +15.7%, −10.0 pts.
SPY
+15.7%
OCTH
+5.7%
10 pts behind SPY
Total return, distributions reinvested
10 pts behind SPY
OCTH over 1 year: paid 6.5%, price −0.9%, total +5.7%, SPY +15.7%, −10.0 pts.
SPY
+15.7%
OCTH
+5.7%
10 pts behind SPY
6.5% of it arrived as cash. Both charts share one scale, 0 to +15.7%. OCTH over 1 year: paid 6.5%, price −0.9%, total +5.7%, SPY +15.7%, −10.0 pts.
What they hold in common
By the books each fund has filed, MSR and OCTH hold 98% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Jun 30, 2026.
half
98% in common
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.
Performance, window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | MSR | OCTH | MSR | OCTH | MSR | OCTH |
| 3 months | +14.9% | +0.9% | 4.1% | 1.6% | −49.0 pts | −1.6 pts |
| 6 months | not published | +4.5% | not published | 3.3% | not published | −12.5 pts |
| 1 year | not published | +5.7% | not published | 6.5% | not published | −10.0 pts |
| Since launch MSR May 2026 · OCTH Oct 2023 | −33.6% | +22.8% | 5.2% | 20.7% | −16.6 pts | −62.3 pts |
MSR and OCTH over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →
On the same fields
MSR and OCTH on the same fields, as of Sep 30, 2026. Source: ETFIQ.
MSR in plain words
Over the period since launch on May 12, 2026 to Sep 30, 2026, MSR paid 5.2% of its starting value in cash distributions while its price fell 38.4%. With every distribution reinvested, the fund returned −33.6%. MicroStrategy (MSTR) returned −17.0% over the same days, so a holder was behind by 16.6 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 44.3%, paid periodically. GraniteShares estimates that 0% 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).
OCTH in plain words
Over the year to Sep 30, 2026, OCTH paid 6.5% of its starting value in cash distributions while its price fell 0.9%. With every distribution reinvested, the fund returned +5.7%. S&P 500 (SPY) returned +15.7% over the same days, so a holder was behind by 10.0 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 6.5%, paid quarterly.
Questions people ask
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.
ETFIQ, MSR against OCTH, data as of Sep 30, 2026. https://etfiq.com/compare/income/msr-vs-octh
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, MSR against OCTH, data as of Sep 30, 2026. https://etfiq.com/compare/income/msr-vs-octh Free to use with attribution; the underlying files are at Open data.
Other forms
- Plain
- ETFIQ, MSR against OCTH, data as of Sep 30, 2026. https://etfiq.com/compare/income/msr-vs-octh
- APA
- ETFIQ. (Sep 30, 2026). MSR against OCTH. Retrieved from https://etfiq.com/compare/income/msr-vs-octh
- Markdown
- [MSR against OCTH (ETFIQ, Sep 30, 2026)](https://etfiq.com/compare/income/msr-vs-octh)