ACYQ vs SMCY: Grades, Fees and Holdings Compared

FT Vest Autocallable Barrier & High Income ETF

ACYQANYSE Arca

YieldMax SMCI Option Income Strategy ETF

SMCYBNYSE Arca

Overlap

0.0%by weight

Expense ratio

ACYQ −0.26pt a year

ACYQ0.75%SMCY1.01%

Avg volume · 30D

SMCY 10.9×the volume

ACYQ98KSMCY1.07M

ACYQ vs SMCY Performance

Jul 31, 2026 – Oct 28, 2026

+6.6%ACYQ+18.9%SMCY

Expense ratio: ACYQ 0.75%, better; SMCY 1.01%
Fund size: ACYQ $102M; SMCY $118M
1Y total return: ACYQ No data; SMCY −37.0%
Yield (12M): ACYQ No data; SMCY 135.28%
Holdings: ACYQ 7; SMCY 8
Avg volume (30D): ACYQ 98K sh; SMCY 1.07M sh, better
NAV per share: ACYQ $20.20; SMCY $4.15
52W range

ETF.net Grade

ACYQ as of Oct 28, 2026

Pillar letters and Scores for ACYQ, SMCY, with each pillar’s weight
Pillar	ACYQ	SMCY
Cost30% weight	A99Higher	B59
Mission25% weight	Not scored	A70
Risk15% weight	A96Higher	F23
Tradability15% weight	B55	B62Higher
Holdings10% weight	Not scored	Not scored
Durability5% weight	B66	A79Higher

Rank among Single-Stock Option Income funds

How we build Categories ›

Same Category. ACYQ and SMCY are both graded against the same 71 Single-Stock Option Income funds, so their Grades compare head to head.

Single-Stock Option Income⁠

Category · 71 funds

See all 71 ›

ACYQ ranks 2nd and SMCY 21st of 71 funds in the Single-Stock Option Income Category.

Rank 1AKWINKraneShares Wahed Alternative Income Index ETFScore 87
Rank 2AACYQFT Vest Autocallable Barrier & High Income ETFScore 85
Rank 3AXXVSimplify Ancorato Target 25 Distribution ETFScore 84
Rank 21BPLTYYieldMax PLTR Option Income Strategy ETFScore 57
Rank 21BSMCYYieldMax SMCI Option Income Strategy ETFScore 57
Rank 21BXSHPKurv SpaceX Enhanced Income ETFScore 57

Our read on each fund

ETF.net Research

ACYQAFT Vest Autocallable Barrier & High Income ETF

SMCYBYieldMax SMCI Option Income Strategy ETF

In short

ACYQ No data

SMCY SMCY owns no Super Micro stock. It rents the name's volatility instead: a synthetic long built from options with short-term Treasuries as collateral, harvesting call premium off one of the loudest tickers in the AI complex.

Stated mandate

ACYQ No data

SMCY The Fund seeks current income while providing exposure to the share price of Super Micro Computer, Inc., subject to a general limit on potential investment gains.

Why people hold it

ACYQ No data

SMCY Charges 1.01%, under the middle of the single-stock option-income pack, and it trades actively enough that getting in and out isn't the hard part.
The issuer describes writing call spreads rather than plain short calls, a build that leaves some room to participate in SMCI's share price while premium comes in.yieldmaxetfs.com
Exposure is synthetic and collateralized: options do the work, cash and short-term Treasuries sit underneath. You get SMCI's price action, not SMCI shares.yieldmaxetfs.com
Among the dozens of single-stock income overlays now on the tape, this one grades out in the upper tier of its peer group.

Worth knowing

ACYQ No data

SMCY Upside is capped by design. The fund's stated objective limits participation in gains, while SMCI's declines still flow through.yieldmaxetfs.com
Payouts can include return of capital, meaning part of a distribution may be your own principal coming back rather than income the strategy earned.yieldmaxetfs.com
One stock, one story. Launched in 2024, so the track record is short and everything here rides on Super Micro's share price.

Full ACYQ profile⁠

Full SMCY profile⁠

ACYQ vs SMCY Holdings

As of Oct 28, 2026

How ACYQ and SMCY differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of ACYQ and 0.0% of SMCY.

Level by level

Holdings0 in both0.0%

Sector

No Sector split for ACYQ and SMCY.

Country, concentration and asset class

Country by domicile

No country split for ACYQ.

Concentration

Weight in the 10 largest Holdings

ACYQ100.0%
SMCY118.7%

Securities held

ACYQ6
SMCY7

Asset class

ACYQ: Multi-Asset
SMCY: Alternatives

Holdings

Only in ACYQ6
In both0
Only in SMCY7

Only in ACYQ

6 securities, 98.4% of ACYQ by weight

U.S. Treasury Bill, 0%, due 11/27/202633.26%
U.S. Treasury Bill, 0%, due 12/31/202632.26%
U.S. Treasury Bill, 0%, due 10/29/202631.90%
U.S. Treasury Bill, 0%, due 01/28/20270.64%
ACYQ Autocall Derivative JPMorgan0.18%
ACYQ Autocall Derivative BNP0.13%

Only in SMCY

7 securities, 100% of SMCY by weight

United States Treasury Bill 02/18/202728.85%
United States Treasury Bill 07/08/202725.93%
United States Treasury Note/Bond 2.375% 05/15/202725.76%
United States Treasury Bill 12/10/202614.44%
Smci 11/20/2026 35.01 C7.06%
United States Treasury Note/Bond 3.375% 09/15/20274.92%
Smci Us 11/06/26 C36.53.47%

Weight gaps

ACYQ and SMCY share no securities.

All 3 ACYQ holdings⁠All SMCY holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

ACYQ vs SMCY Cost

Overpaying SMCY vs ACYQ

$4,368

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

ACYQ 0.75%
$14,482
SMCY 1.01%
$18,850

Amount$10,000

Years30 years

Cost over time

ACYQ 0.75%
SMCY 1.01%
Overpaying

Year by year

Year	ACYQ	SMCY	Overpaying
10	$1,336	$1,780	$444
20	$5,078	$6,686	$1,608
30	$14,482	$18,850	$4,368

Expense ratio

0.75%ACYQ, cheaper
1.01%SMCY

ACYQ0.75%SMCY1.01%

0.51%1.91%

Middle half of Single-Stock Option Income funds
Median 1.04%

ACYQ 2nd cheapest of 71 funds

SMCY 25th cheapest of 71 funds

ACYQ vs SMCY Dividends

Last 12 months to Oct 30, 2026

Yield (12M): ACYQ No data; SMCY 135.28%
Payout (12M): ACYQ No data; SMCY $5.57
Last payment: ACYQ $0.39; SMCY $0.05
Ex-dividend: ACYQ Oct 1, 2026; SMCY Oct 29, 2026
Paid on: ACYQ Oct 2, 2026; SMCY Oct 30, 2026
Frequency: ACYQ Monthly; SMCY Weekly

Distribution history

Per share, 2026, same scale for both

ACYQMonthly · 2 paymentsAll ACYQ payments⁠

SMCYWeekly · 44 paymentsAll SMCY payments⁠

ACYQ vs SMCY Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: ACYQ No dataSMCY 70.3%since Oct 2024
Return per unit of riskSharpe ratio, 3 years: ACYQ No dataSMCY −0.08since Oct 2024
Worst fallMax drawdown, 5 years: ACYQ No dataSMCY −64.3%since Sep 2024
Market sensitivityBeta, 5 years: ACYQ 1.82SMCY 2.67; Market = 1

ACYQ and SMCY in the news

All news⁠

Top Movers
SpaceX rises 7.8% after a $4.4 billion profit and merger talk
Oct 21, 2026SMCY
New ETFs
First Trust's new ETF buffers the contracts, not the shares
Oct 8, 2026ACYQ
ETF Filings
First Trust proposes an autocallable ETF that rolls into the most volatile sector
Sep 22, 2026ACYQ
Top Movers
ARKG jumps 7.8% as genomics leads a narrow rebound
Sep 17, 2026SMCY
Top Movers
Tanker fund gains 12% as crude falls and Dell, HPE rally
Sep 11, 2026SMCY

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ACYQ vs SMCY

In short

Stated mandate

Why people hold it