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ACYS

GradeBNew York Stock Exchange Arca

FT Vest Laddered Autocallable Barrier & Resilient Income ETF

Option Income · First Trust · Inception 2026-04-22 · SEC filings

$20.55−0.00 (−0.02%)

As of Sep 23, 2026, 3:09 PM EDT

History starts Apr 23, 2026.History starts Apr 23, 2026.History starts Apr 23, 2026.
Intraday session: down, 52 prints from 20.55 to 20.55. Range 20.51 to 20.61. Use the arrow keys to read each point.$20.50$20.6010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$471M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
3
Volume · 30D
0.4M sh
NAV per share
$20.45
52W range
low $20.08high $21.05

The ETF.net ACYS Grade

B

54/ 100

Rank 11 of 24 in Other Index Option Income⁠

Confidence Low

Six-pillar profile for ACYS. Scores out of 100: Cost 30, Risk 96, Mission not scored, Tradability 58, Holdings not scored, Durability 69. Strongest: Risk (96). Weakest: Cost (30). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 54 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.
    DScore 30
    Category rank15/24 · mid-pack

  • 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 96
    Category rank1/23 · top 4%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 58
    Category rank9/24 · top 38%

  • 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.
    BScore 69
    Category rank9/24 · top 38%

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

Our read on ACYS

ETF.net Research

BStructured notes without the bank paperwork. ACYS uses laddered swaps to mimic autocallable payoffs on S&P 500 names: coupon-style income, a barrier meant to absorb the first slice of losses, in a wrapper you can trade daily.

Stated mandate

The Fund seeks to provide investors with distributions while limiting downside market volatility. It pursues this objective through swaps and/or option contracts designed to replicate a laddered portfolio of synthetic autocallable contracts.

Why people hold it

  1. 01Autocallable payoffs usually arrive as bank-issued notes with minimums and lockups. Here the same shape sits inside an ETF that trades on an exchange any market day.businesswire.com
  2. 02The ladder staggers contract maturities and call dates, so coupon terms and barrier levels reset across many market environments instead of resting on one entry date.businesswire.com
  3. 03The 0.75% fee sits right at the median for options-income overlay funds, and the build rates as one of the stronger implementations in that peer group.
  4. 04Actively run against the S&P 500 as its reference, so the manager resets terms as contracts roll rather than tracking a fixed rules-based overlay.

Worth knowing

  1. 01Cheaper income overlays exist: LQDW charges 0.34%, YLDE 0.47%. The autocallable machinery costs more to operate.
  2. 02Barriers cushion, they do not erase. Breach one and losses follow the underlying stocks, while a strong rally mostly passes by, because your upside is the coupons.
  3. 03Exposure runs through OTC swaps with dealer counterparties rather than listed options, so counterparty strength is part of what you own.

ACYS 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 11/27/202634.5%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—U.S. Treasury Bill, 0%, due 11/27/202634.54%163,820,300$163M25
002—U.S. Treasury Bill, 0%, due 09/29/202633.13%156,155,300$156M34
003—U.S. Treasury Bill, 0%, due 10/29/202630.45%143,944,900$143M35
004—US Dollar1.12%5,288,718$5M394
005—ACYS Autocall Derivative Citi0.41%174,786,274$2M1
006—ACYS Autocall Derivative JPMorgan0.20%129,235,347$944K1
007—ACYS Autocall Derivative BNP0.15%162,958,200$716K1

Showing 1–7 of 7 holdings

ACYS Performance

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

ACYS$10,233
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. ACYS $10,233. 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 ACYS. Periods over one year show the average yearly return.
PeriodACYS
Year to dateFund launched this year—
1 month+1.0%
3 months+2.3%
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 ACYS
YearReturn barACYS
2026 YTD+4.3%

History from Apr 23, 2026

ACYS in the news

ACYS 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
$0.13 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. 3 payments in 2026 YTD. Jul 1, 2026 $0.12; Aug 3, 2026 $0.14; Sep 1, 2026 $0.13. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 1, 2026Sep 2, 2026$0.13
Aug 3, 2026Aug 4, 2026$0.14
Jul 1, 2026Jul 2, 2026$0.12

ACYS Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Apr 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 Apr 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 Apr 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.
0.13
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.

ACYS Cost

Expense ratio0.75%
  • The middle half of Other Index Option Income funds
  • Median 0.74%

13 of the 23 Other Index Option Income funds charge less.

ACYS costs $75.00 a year on $10,000. The median Other Index Option Income fund costs $74.00.