Want the first check the day it lands?
Two of these funds have never paid a distribution, and more list every month. One short email the day any of them declares its first — with the amount, not a press release.
Twenty-nine autocallable ETFs have declared real distributions. The "latest payment" column is pulled live from each fund's actual payment data every time this page loads.
| Fund | Issuer | What it insures | Paying since | Latest payment | Rate* | ER |
|---|---|---|---|---|---|---|
| CAIE — Calamos Autocallable Income | Calamos | S&P 500 (MerQube vol-advantage index) | Jul 2025 | … | 13.97% | 0.86% |
| ACEI — Innovator Equity Autocallable Income | Innovator | Individual US large-cap stocks | Oct 2025 | … | ~13.1% | — |
| ACII — Innovator Index Autocallable Income | Innovator | Worst-of SPY / QQQ / IWM | Oct 2025 | … | ~9.4% | 0.79% |
| CAIQ — Calamos Nasdaq Autocallable Income | Calamos | Nasdaq-100 (MerQube index) | Dec 2025 | … | 18.00% | 0.86% |
| PAYM — TrueShares Autocallable Defensive Income | TrueShares | S&P 500 futures, 20% vol target + hedge | Jan 2026 | … | ~10% | 0.74% |
| PAYH — TrueShares Autocallable High Income | TrueShares | S&P 500 futures, 35% vol target + hedge | Jan 2026 | … | ~17% | 0.74% |
| TLA — GraniteShares Autocallable TSLA | GraniteShares | Tesla — single stock | Mar 2026 | … | — | 1.07% |
| ANV — GraniteShares Autocallable NVDA | GraniteShares | Nvidia — single stock | Mar 2026 | … | — | 1.07% |
| ATC — GraniteShares Autocallable COIN | GraniteShares | Coinbase — single stock | Jun 2026 | … | — | 1.07% |
| MSR — GraniteShares Autocallable MSTR | GraniteShares | Strategy (MicroStrategy) — single stock | Jun 2026 | … | — | 1.07% |
| AHD — GraniteShares Autocallable HOOD | GraniteShares | Robinhood — single stock | Jun 2026 | … | — | 1.07% |
| PLA — GraniteShares Autocallable PLTR | GraniteShares | Palantir — single stock | Jun 2026 | … | — | 1.07% |
| MRA — GraniteShares Autocallable MARA | GraniteShares | MARA Holdings — single stock | Jun 2026 | … | — | 1.07% |
| SCA — GraniteShares Autocallable SMCI | GraniteShares | Super Micro — single stock | Jun 2026 | … | — | 1.07% |
| ATCL — REX Autocallable Income | REX | Bloomberg VolMax, 40% vol target — 250+ positions laddered daily | Mar 2026 | … | 13.59% | 0.74% |
| ACYN — FT Vest Laddered Autocallable Barrier & Income | First Trust | US large-cap, 24-position triple-barrier ladder — ~$1.6B, the category’s biggest fund | Mar 2026 | … | 10.95% | 0.75% |
| VAIE — VegaShares US Equity Autocallable Income | VegaShares | NYSE U.S. 500 Adaptive Vol index — the category’s only weekly payer | Jun 2026 | … | — | 0.74% |
| ACYS — FT Vest Laddered Autocallable Barrier & Resilient Income | First Trust | US large-cap, defensive “Resilient” setting | Jun 2026 | … | 7.96% | 0.75% |
| ACYQ — FT Vest Autocallable Barrier & High Income | First Trust | Individual stocks, 12 monthly contracts | Sep 2026 | … | 21.18% | 0.75% |
| IACL — GraniteShares US 100 Autocallable Income | GraniteShares | Bloomberg US 100 (volatility-managed), 65% coupon barrier | Sep 2026 | … | 5.05% | 0.55% |
| MPDY — m+ DualYield Autocall | m+ funds | S&P 500 futures, 40% defined volatility, 60% barriers + 50% upside share on autocall | Sep 2026 | … | — | 0.70% |
| MPIA — m+ Nasdaq-100 Accelerator Autocall | m+ funds | Tech accelerator index (Barclays), 70% barriers | Sep 2026 | … | — | 0.70% |
| MPIM — m+ Income Momentum Autocall | m+ funds | US equity momentum index, 60% barriers, coupon memory | Sep 2026 | … | — | 0.70% |
| ACSP — ProShares S&P 500 Autocallable Income | ProShares | S&P 500, laddered | Oct 2026 | … | — | 0.72% |
| ACQQ — ProShares Nasdaq-100 Autocallable Income | ProShares | Nasdaq-100, laddered | Oct 2026 | … | — | 0.72% |
| ACRT — ProShares Russell 2000 Autocallable Income | ProShares | Russell 2000 — the only small-cap autocall | Oct 2026 | … | — | 0.72% |
| ACBE — Pacer Metaurus Enhanced Core Income Autocallable | Pacer | Laddered 5-yr autocallables, 50% coupon barrier, coupon memory feature | Sep 2026 | … | — | 0.60% |
| ACBH — Pacer Metaurus High Income Autocallable | Pacer | Higher-coupon setting of the same Metaurus design | Sep 2026 | … | — | 0.60% |
| ARKY — ARK Active Autocallable Income | ARK | 25-50 single-stock autocallables on ARK’s innovation universe — 17.5% target, barriers at 50-60% of start | Sep 2026 | … | — | 0.85% |
*Rate = issuer-reported annualized distribution rate or target at our last verification (July-September 2026) — these move; check the linked chart pages for what each fund is paying right now. "—" means we haven't verified a figure against the issuer yet and won't guess. Linked tickers have full payment-by-payment charts; the rest join our chart engine as their records grow.
The category's whole pitch is consistent income — so we measure it. For every payer with at least four checks, this board computes how much its recent payments actually wobble around its typical check. Recomputed from live payment data on every visit; smaller wobble ranks higher.
| # | Fund | Typical check | Wobble* | Checks paid | Trend |
|---|---|---|---|---|---|
| Computing from live payment data… | |||||
*Wobble = how far the fund's recent payments (up to the last 12) typically stray from its median check, as a percentage. ±0% would be perfectly identical checks. Trend compares the newer half of that window to the older half. Steady payments are only half the story — pair this with the Erosion Index to check what the share price did while the checks stayed pretty. Free to cite with attribution to Snowball Dividends.
The board above ranks how steady the checks are. Steady is not the same as delivered: a fund can pay beautifully while its share price pays for it. This table adds the two together, over a window every fund below shares, so the comparison is like for like.
Read this before the numbers. Only 10 of 29 paying autocallable ETFs have enough history to appear here. The rest are listed underneath, unranked, because a fund with one check cannot be compared with one that has fifteen. Risk tiers are measured, not labelled — they come from each fund's own worst peak-to-trough fall inside the window, so nothing here is called risky for holding a single stock.
| Fund | Risk tier | Paid | Share price | Total | Worst fall |
|---|---|---|---|---|---|
| Loading the scorecard… | |||||
Six months is one market regime. These funds sell deep-crash insurance, and a barrier that has not been tested looks identical to one that will hold — which is what the worst number in the category is there to remind you of. Figures are per share, before tax, and recomputed from the payment record and daily closes on every build.
Every yield number you hear about these funds is a target, not a track record. We watch them daily and will chart every payment from check #1.
| Fund | Issuer | What it insures | Listed |
|---|---|---|---|
| CAGE — Calamos Autocallable Growth | Calamos | Growth-tilted autocall design (appreciation over income) | Apr 16, 2026 |
| SALI — Schroders US Autocallable Ladder Income | Schroders | Staggered 5-yr autocallable ladder, 70% coupon barrier, 0.65% net fee | Sep 14, 2026 |
Two autocallable ETFs on this watch have still never declared a distribution, and 11 have now paid. Their first checks are the moment their advertised targets become real numbers. Our radar checks every one of them daily; this board flips automatically the day a first distribution appears in the data.
| Fund | Listed | First distribution |
|---|---|---|
| SALI — Schroders US Autocallable Ladder Income | Sep 14, 2026 | ⏳ watching — nothing declared yet |
| ACBE — Pacer Metaurus Enhanced Core Income | Sep 10, 2026 | ⏳ watching — nothing declared yet |
| ACBH — Pacer Metaurus High Income | Sep 10, 2026 | ⏳ watching — nothing declared yet |
| MPDY — m+ DualYield Autocall | Aug 12, 2026 | ⏳ watching — nothing declared yet |
| MPIA — m+ Nasdaq-100 Accelerator Autocall | Aug 12, 2026 | ⏳ watching — nothing declared yet |
| MPIM — m+ Income Momentum Autocall | Aug 12, 2026 | ⏳ watching — nothing declared yet |
| ACSP — ProShares S&P 500 Autocallable Income | Aug 13, 2026 | ⏳ watching — nothing declared yet |
| ACQQ — ProShares Nasdaq-100 Autocallable Income | Aug 13, 2026 | ⏳ watching — nothing declared yet |
| ACRT — ProShares Russell 2000 Autocallable Income | Aug 13, 2026 | ⏳ watching — nothing declared yet |
| ACYQ — FT Vest Autocallable Barrier & High Income | Jun 23, 2026 | ⏳ watching — nothing declared yet |
| CAGE — Calamos Autocallable Growth | Apr 16, 2026 | ⏳ watching — growth design, may distribute rarely |
| IACL — GraniteShares US 100 Autocallable Income | Aug 2026 | ⏳ watching — just listed |
| ARKY — ARK Active Autocallable Income | Aug 19, 2026 | ⏳ watching — fresh conversion |
Want the first check the day it lands? One short email when any of these funds declares — that's the whole list.
- What gets insured: a single index (CAIE, CAIQ, PAYM, PAYH, ATCL, the ProShares suite), a worst-of basket of three indexes (ACII — richer coupons, three tripwires), individual stocks pooled in a ladder (ACEI, ACYQ), or one single stock — GraniteShares runs a whole suite of these (Tesla, Nvidia, Robinhood, Coinbase, Strategy, Palantir, Super Micro, MARA: TLA, ANV, AHD, ATC, MSR, PLA, SCA, MRA), the concentrated extreme with the category's richest checks.
- The volatility dial: coupons are priced off volatility, so issuers engineer it — from PAYM's defensive 20% target (~10% income) through PAYH's 35% (~17%) to ATCL's 40% (SOFR + 10% target). More volatility, richer coupons, closer barriers.
- Ladder granularity: Calamos ladders 52+ positions; ATCL starts a new one nearly every trading day (250+ live). Finer ladders smooth timing risk.
- Payment rhythm: everyone pays monthly except VAIE (weekly) — and ATCL pays mid-month while most pay near month-end, which matters if you're smoothing an income calendar.
Full plain-English mechanics — coupons, barriers, autocall dates, and what breaks in a crash — in the autocallable ETF explainer.
Every fund on this page sells the same thing: crash insurance. The coupons are the premium collected for agreeing to absorb deep losses if markets fall through distant barriers. The whole category launched into a market that has never tested those barriers — no US autocallable ETF has been through a genuine bear market yet. Steady checks in the tables above are the strategy's good weather, not proof it can't rain.
Model what a payout change would do to your income with the Payout Impact Calculator Cost Basis Calculator Crash Simulator, and watch principal health on the Erosion Index.
Why We Keep This List
The whole category in 5 minutes — the video version of this page:
Autocallables lived inside bank structured notes for decades — sold in slices, opaque, illiquid. The ETF versions are new (the first launched June 2025), multiplying fast (32 funds in fifteen months), and covered almost nowhere: most fund screeners don't even have "autocallable" as a category. We track every fund from its SEC registration to its listing to every distribution it ever declares — so this page is the census, updated as the category grows. New launches appear on our launch tracker, usually the morning they list.
Get the Next Launch the Morning It Lists
Our radar watches every issuer's SEC filings and fund rosters around the clock. Free launch alerts, no spam.
See the Launch Tracker