Skip to content
etf.net

Launched

Innovator Equity Autocallable Income Strategy ETF

ACEINYSE ArcaInnovatorF

$22.76−0.23 (−1.00%)

As of Nov 2, 2026, 3:59 PM ET

F23/ 100

Rank 13 of 16 in S&P 500 Active Option Income

F23/100Rank 13 of 16inS&P 500 Active Option Income
Intraday session: down, 78 prints from 22.99 to 22.76. Range 22.76 to 23.07. Use the arrow keys to read each point.22.8022.8522.9022.9523.0510 AM12 PM2 PM4 PM
Expense ratio
0.79%
Fund size
$53M
1Y total return
+4.0%
Yield · Last 12 months
No data
Holdings
6
Avg volume · 30D
28.9K sh
52W range
low $22.14high $27.32
Launched

The ETF.net ACEI Grade

Based on 4 of 6 pillars

F

Score 23 out of 100

Category
S&P 500 Active Option Income⁠
Rank
13 of 16
Six-pillar profile for ACEI. Scores out of 100: Cost 10, Risk 30, Mission not scored, Tradability 36, Holdings not scored, Durability 54. Strongest: Durability (54). Weakest: Cost (10). Based on 4 of 6 pillars.

Score 23 of 100 falls in the F band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F10 out of 100
    Rank 14 of 16

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D30 out of 100
    Rank 13 of 14

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D36 out of 100
    Rank 12 of 16

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C54 out of 100
    Rank 10 of 16

Our read on ACEI

ETF.net Research

In short

FAutocallable notes are a private-bank staple: big coupons, a call trigger, conditional downside cushion. ACEI ladders swaps that replicate that payoff on S&P 500 stocks and puts it in an ETF you can trade any day.

Stated mandate

The Fund seeks high income and potential to limit downside losses through a laddered portfolio of OTC swaps designed to replicate autocallable notes on common-stock reference assets selected from a U.S. equity index, currently the S&P 500 Index.

Why people hold it

  • Packages a payoff normally sold one note at a time: an actively managed, laddered book of OTC swaps replicating autocallable notes on S&P 500 stocks.innovatoretfs.com
  • At 0.79%, it charges below the median fee in its active options-income cohort, which is unusual for a strategy this hands-on.
  • Built to distribute monthly, with exposures laddered across many reference stocks instead of riding one note and one maturity date.
  • Lives in a standard 1940 Act ETF wrapper: daily dealing and fund-level rules, versus the hold-to-maturity bank paper it mimics.innovatoretfs.com

Worth knowing

  • Launched in 2025, so the track record is short and any read on its risk behavior rests on limited history.
  • Small asset base and thin trading, which can mean wider spreads than the household-name income funds beside it.
  • Income tracks OTC swap payoffs and their counterparty terms, not the S&P 500's path, and no target yield is stated, so payout sizes vary.

ACEI Holdings

Asset class
Other
Holdings
6
Top-10 weight
111%
Largest holding
United States Treasury Bill 12/01/2026109.2%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataUnited States Treasury Bill 12/01/2026109.15%58,297,000$58.1M18
2No dataCash & Other0.77%408,365$408K609
3No dataLly Autocall 08-31-290.44%5,812,500$234K1
4No dataTsla Autocall 9-29-280.19%5,812,500$99.5K1
5No dataUs Bank Mmda - Usbgfs 9 09/01/20370.06%33,435$33.4K163
6No dataAapl Autocall 09-28-290.01%5,812,500$5.74K1

Showing 1–6 of 6 holdings

ACEI Performance

Launched Sep 25, 2025

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.
ACEI$10,397
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. ACEI $10,397. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025May 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for ACEI. Periods over one year show the average yearly return.
PeriodACEI
Year to date+3.8%
1 month−1.2%
3 months+4.3%
1 year+4.0%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for ACEI
YearReturn barACEI
2026 YTD+3.8%
2025+0.8%

Since listing, Sep 25, 2025

ACEI in the news

ACEI Dividends

Upcoming payment
$0.27 per share
Pays on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 12 payments from 2025 to 2026 YTD. Nov 28, 2025 $0.28; Dec 31, 2025 $0.24; Jan 30, 2026 $0.24; Feb 27, 2026 $0.24; Mar 31, 2026 $0.24; Apr 30, 2026 $0.24; May 29, 2026 $0.24; Jun 30, 2026 $0.29; Jul 31, 2026 $0.26; Aug 31, 2026 $0.26; Sep 30, 2026 $0.26; Oct 30, 2026 $0.27. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Oct 30, 2026Pays Nov 2, 2026$0.27
Sep 30, 2026Oct 2, 2026$0.26
Aug 31, 2026Sep 1, 2026$0.26
Jul 31, 2026Aug 3, 2026$0.26
Jun 30, 2026Jul 1, 2026$0.29
May 29, 2026Jun 1, 2026$0.24
Apr 30, 2026May 1, 2026$0.24
Mar 31, 2026Apr 1, 2026$0.24
Feb 27, 2026Mar 2, 2026$0.24
Jan 30, 2026Feb 2, 2026$0.24
Dec 31, 2025Jan 2, 2026$0.24
Nov 28, 2025Dec 1, 2025$0.28

$10,000 in ACEI 1 year ago paid $1,213 in dividends.

ACEI Risk

Risk pillarD30 out of 100Rank 13 of 14 in S&P 500 Active Option Income
How much the fund’s monthly returns vary, scaled to a year.
10.3%
Annualised · 13 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.08
vs 3-month T-bills · 13 months to Oct 2026
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.

The largest fall from a peak to the low that followed.
−9.3%
13 months · trough Jul 2026
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.

How strongly the fund’s returns move with its asset-class index.
0.57
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

ACEI Cost

Compare ACEI and SPIN

Overpaying vs SPIN, cheapest in S&P 500 Active Option Income

$10,015

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • ACEI 0.79%

    $15,174

  • SPIN 0.25% Cheapest

    $5,159

$10,000
30 years

Cost over time

  • ACEI 0.79%
  • SPIN 0.25%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530ACEI $15,174SPIN $5,159

Year by year

YearACEISPINOverpaying
10$1,405$455$950
20$5,331$1,769$3,562
30$15,174$5,159$10,015

Other funds in S&P 500 Active Option Income

See others