Graniteshares Autocallable Mara ETF
DThis fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.
$19.48−0.45 (−2.25%)
- 1.07%
- $2M
- 0M sh
- $19.98
- low $18.29high $25.39
The ETF.net MRA Grade
D
Score 37 out of 100
- 54 of 72
Score 37 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Very small fund, grade capped at C.
The cap holds the Score at 40 or below, so B and A are out of reach.
- The pillars earned
- 37
- This cap took
- −0
- Published Score
- 37
Cost
The fund’s net expense ratio, ranked against its category.D34 out of 100Rank 37 of 72Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B56 out of 100Rank 26 of 66Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F24 out of 100Rank 65 of 72Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C43 out of 100Rank 51 of 72
Our read on MRA
DAutocallables are Wall Street's income note: contingent coupons, barrier levels, an early call. GraniteShares pulled that plumbing out of the bank-note wrapper and put it in a 1940 Act ETF, laddered across barriers and wired to MARA Holdings.
The Fund seeks potential monthly income through a laddered portfolio of single-stock autocallable options linked to MARA Holdings Inc. Positions are managed through ongoing rolling, but distributions vary and are not guaranteed.
Why people hold it
- Part of the first US lineup of single-stock autocallable ETFs, a payoff that previously reached most investors as a bank-issued structured note.graniteshares.com
- No structured notes inside: returns come from OTC options held in a 1940 Act fund that trades on an exchange through any standard brokerage account.graniteshares.comgraniteshares.com
- The portfolio is laddered across different barrier levels, so the income stream does not hinge on one trigger or one observation date.graniteshares.com
- Fee of 1.07% lands right at the median for single-stock option-income funds, and the manager handles the rolling and reinvestment you would otherwise do by hand.graniteshares.com
Worth knowing
- Income here is potential, not promised: distributions vary, can include return of capital, and the payoff tracks coupon rules rather than MARA's full move.graniteshares.com
- Downside protection is limited, not absolute, and the exposure is synthetic, so a deep slide in the reference stock flows through without you owning the shares.graniteshares.com
- A young fund with a small asset base and light trading, so bid-ask spreads carry more weight than with mainstream income ETFs.
MRA Holdings
- Other
- 1
- 125%
- US Dollars
MRA Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
MRA$10,009
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | MRA |
|---|---|
| Year to date | — |
| 1 month | −7.3% |
| 3 months | +0.1% |
| 1 year | — |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | MRA |
|---|---|---|
| 2026 YTD | −3.7% |
MRA in the news
MRA Dividends
- $0.84 per share
- Monthly
Distribution data unavailable.
Distribution history
MRA Risk
- —
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- —
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- —
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- −0.84
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MRA Cost
1.07%
MRA1.07%
- The middle half of Single-Stock Option Income funds
- Median 1.07%
35 of the 71 Single-Stock Option Income funds charge less.
Other funds in Single-Stock Option Income
- DSCAGraniteshares Autocallable Smci ETFExpense ratio 1.07%1 year return —
- DAZYYGraniteShares YieldBOOST AMZN ETFExpense ratio 1.07%1 year return −2.7%
- DQBYGraniteShares YieldBoost QBTS ETFExpense ratio 1.07%1 year return —
- DRTYYGraniteShares YieldBoost RIOT ETFExpense ratio 1.07%1 year return —
- DPYPYYieldMax PYPL Option Income Strategy ETFExpense ratio 1.31%1 year return −21.3%