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ACYN

GradeBNew York Stock Exchange Arca

FT Vest Laddered Autocallable Barrier & Income ETF

Option Income · First Trust · Inception 2026-02-24 · SEC filings

$20.85−0.04 (−0.17%)

As of Sep 23, 2026, 2:18 PM EDT

History starts Feb 25, 2026.History starts Feb 25, 2026.
Intraday session: down, 57 prints from 20.89 to 20.85. Range 20.83 to 20.87. Use the arrow keys to read each point.$20.83$20.84$20.86$20.8710 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$2.1B
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
3
Volume · 30D
1.8M sh
NAV per share
$20.73
52W range
low $20.00high $21.11

The ETF.net ACYN Grade

B

67/ 100

Rank 5 of 25 in Index Option Income⁠

Confidence Low

Six-pillar profile for ACYN. Scores out of 100: Cost 56, Risk 95, Mission not scored, Tradability 60, Holdings not scored, Durability 74. Strongest: Risk (95). Weakest: Cost (56). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 67 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 56
    Category rank11/25 · top 44%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 95
    Category rank1/23 · top 4%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 60
    Category rank10/25 · top 40%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 74
    Category rank5/25 · top 20%

Graded as of Sep 22, 2026 · Based on 4 of 6 pillars

Our read on ACYN

ETF.net Research

BStructured-note math in an ETF wrapper. ACYN ladders synthetic autocallable contracts across staggered maturities, observation dates and barrier levels on broad index baskets, seeking distributions while limiting downside market volatility.

Stated mandate

The Fund seeks to provide distributions while limiting downside market volatility. It pursues this objective through swaps and similarly structured options designed to replicate a laddered portfolio of synthetic autocallable yield-note contracts.

Why people hold it

  1. 01The ladder is the whole idea: contracts staggered across maturities, observation dates and barrier levels, so no single call date or barrier level decides the outcome.
  2. 02Fee sits at 0.75%, right at the median for its options-income cohort, and the shares trade actively, so the wrapper itself is not the friction.
  3. 03Pays quarterly, and the exposure is referenced to broad-based indices or the ETFs that track them rather than to individual stocks.
  4. 04Run by First Trust's Vest options desk, it is already a billion-dollar-plus fund and stands in the upper tier of a crowded 41-fund options-income group.

Worth knowing

  1. 01Downside is limited, not removed. The stated aim is to soften market volatility, not to protect principal, and barriers can be breached.
  2. 02It launched in 2026, so live history is thin and there is little record of how the ladder behaves through a full drawdown.
  3. 03At 0.75% it costs more than plainer overlay funds in the same cohort, such as LQDW at 0.34% and IDUB at 0.44%.

ACYN Holdings

As of Sep 21, 2026, 5:50 PM
Asset class
Other
Holdings
3
Top-10 weight
100%
Largest holding
U.S. Treasury Bill, 0%, due 11/27/202633.6%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—U.S. Treasury Bill, 0%, due 11/27/202633.55%704,271,700$699M25
002—U.S. Treasury Bill, 0%, due 09/29/202632.54%678,629,900$678M34
003—U.S. Treasury Bill, 0%, due 10/29/202632.43%678,432,200$676M35
004—ACYN Autocall Derivative Citi0.59%820,469,309$12M1
005—ACYN Autocall Derivative JPMorgan0.33%590,875,078$7M1
006—ACYN Autocall Derivative BNP0.28%645,933,828$6M1
007—US Dollar0.28%5,815,506$6M394

Showing 1–7 of 7 holdings

ACYN Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

ACYN$10,354
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. ACYN $10,354. SPY $10,415. Use the arrow keys to read each point.$9,741$10,122$10,502Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 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 ACYN. Periods over one year show the average yearly return.
PeriodACYN
Year to dateFund launched this year—
1 month+1.6%
3 months+3.5%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, 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 ACYN
YearReturn barACYN
2026 YTD+8.3%

History from Feb 25, 2026

ACYN in the news

ACYN Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.17 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 5 payments in 2026 YTD. May 1, 2026 $0.18; Jun 1, 2026 $0.19; Jul 1, 2026 $0.18; Aug 3, 2026 $0.19; Sep 1, 2026 $0.17. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 1, 2026Sep 2, 2026$0.17
Aug 3, 2026Aug 4, 2026$0.19
Jul 1, 2026Jul 2, 2026$0.18
Jun 1, 2026Jun 2, 2026$0.19
May 1, 2026May 4, 2026$0.18

ACYN Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Feb 2026; fills in after 12 months
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.
—
Launched Feb 2026; fills in after 12 months
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.
—
Launched Feb 2026; fills in after 12 months
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.
0.09
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.

ACYN Cost

Expense ratio0.75%
  • The middle half of Index Option Income funds
  • Median 0.81%

10 of the 25 Index Option Income funds charge less.

ACYN costs $75.00 a year on $10,000. The median Index Option Income fund costs $81.00.