{"url":"https://etfiq.com/questions/what-is-an-autocallable-etf","section":"questions","title":"What is an autocallable ETF? | ETFIQ","description":"An autocallable ETF pays a coupon and can be called away early, on dates set in advance. Its downside is a barrier rather than a buffer: above the barrier\u2026","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"What is an autocallable ETF?","acceptedAnswer":{"@type":"Answer","text":"An autocallable ETF pays a coupon and can be called away early, on dates set in advance. Its downside is a barrier rather than a buffer: above the barrier the holder is whole, and below it they take the whole fall rather than only the part beyond it. ETFIQ covers 24 of them from 7 issuers, paying from 11.1% of price to 14.0% over the year to Sep 30, 2026."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Questions","item":"https://etfiq.com/questions/"},{"@type":"ListItem","position":3,"name":"What is an autocallable ETF?","item":"https://etfiq.com/questions/what-is-an-autocallable-etf"}]},{"@type":"WebPage","name":"What is an autocallable ETF?","description":"An autocallable ETF pays a coupon and can be called away early, on dates set in advance. Its downside is a barrier rather than a buffer: above the barrier\u2026","url":"https://etfiq.com/questions/what-is-an-autocallable-etf","dateModified":"2026-09-30","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":4072,"truncated":false,"content":"ETFIQ / Questions / What is an autocallable ETF? \n \n Answered from ETFIQ data as of Sep 30, 2026 .\n What is an autocallable ETF?\n An autocallable ETF pays a coupon and can be called away early, on dates set in advance. Its downside is a barrier rather than a buffer: above the barrier the holder is whole, and below it they take the whole fall rather than only the part beyond it. ETFIQ covers 24 of them from 7 issuers, paying from 11.1% of price to 14.0% over the year to Sep 30, 2026.\n The call is the part the name refers to. On each observation date the fund checks where the underlying is. If it is above the call level the fund is called: the holder gets their money back with the coupon and the run ends early. If it is not, the fund carries on to the next date and keeps paying.\n The barrier is the part that decides what a bad year costs. A buffer takes the first slice of a fall for you, so a 15% buffer means the first 15% is absorbed. A barrier takes none of it once broken: stay above it and the holder is repaid in full, fall through it and the holder takes the whole fall, not just the part beyond. That is why these are on the income desk here and not beside the buffer ETFs, and it is the single thing most often got wrong about them.\n What to compare them on, then, is the coupon against what has to hold for it to be paid. Two funds paying the same can be carrying very different barriers on very different underlyings. The cash and total return below are measured the same way as every income fund here, with distributions reinvested on their ex-dates. Over the last year what holders finished with ran from +5.9% to +11.8%.\n On ETFIQ today\n Ticker Fund Issuer Cash paid, 1 year Total return Pays Fee \n CAIE Calamos Autocallable Income ETF Calamos 14.0% +11.8% monthly 0.74% \n ACEI Innovator Equity Autocallable Income S Innovator 11.1% +5.9% monthly 0.79% \n CAGE Calamos Autocallable Growth ETF Calamos too new too new 0.74% \n CAIQ Calamos Nasdaq Autocallable Income ETF Calamos too new too new monthly 0.74% \n ACYN FT Vest Laddered Autocallable Barrier First Trust too new too new monthly 0.75% \n ACYQ FT Vest Autocallable Barrier & High In First Trust too new too new 0.75% \n ACYS FT Vest Laddered Autocallable Barrier First Trust too new too new monthly 0.75% \n AHD GraniteShares Autocallable HOOD ETF GraniteShares too new too new monthly 1.07% \n ANV GraniteShares Autocallable NVDA ETF GraniteShares too new too new monthly 1.07% \n ATC GraniteShares Autocallable COIN ETF GraniteShares too new too new monthly 1.07% \n IACL GraniteShares US 100 Autocallable Inco GraniteShares too new too new 0.55% \n MRA GraniteShares Autocallable MARA ETF GraniteShares too new too new monthly 1.07% \n MSR GraniteShares Autocallable MSTR ETF GraniteShares too new too new 1.07% \n PLA GraniteShares Autocallable PLTR ETF GraniteShares too new too new monthly 1.07% \n \n Where to next\n Every autocallable ETF What return of capital means The vocabulary Where these figures came from\n Rule 19a-1 distribution notices and prospectus filings on SEC EDGAR SEC EDGAR, full-text search of fund filings SEC Form N-PORT, what a fund filed it holds Rule 19a-1, what a distribution notice must say ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.\n ETFIQ is an independent publisher of exchange-traded fund data and makes no recommendations. Every figure is calculated from published data. Standards and sources \n Cite this page. ETFIQ, What is an autocallable ETF?, data as of Sep 30, 2026. https://etfiq.com/questions/what-is-an-autocallable-etf Free to use with attribution ; the underlying files are at Open data .\n Other forms Plain ETFIQ, What is an autocallable ETF?, data as of Sep 30, 2026. https://etfiq.com/questions/what-is-an-autocallable-etf APA ETFIQ. (Sep 30, 2026). What is an autocallable ETF?. Retrieved from https://etfiq.com/questions/what-is-an-autocallable-etf Markdown [What is an autocallable ETF? (ETFIQ, Sep 30, 2026)](https://etfiq.com/questions/what-is-an-autocallable-etf)","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/questions/what-is-an-autocallable-etf"}