ACYQ vs SNOY: Grades, Fees and Holdings Compared

FT Vest Autocallable Barrier & High Income ETF

ACYQANYSE Arca

YieldMax SNOW Option Income Strategy ETF

SNOYBNYSE Arca

Overlap

0.0%by weight

Expense ratio

ACYQ −0.25pt a year

ACYQ0.75%SNOY1.00%

Avg volume · 30D

SNOY 1.5×the volume

ACYQ98KSNOY145K

ACYQ vs SNOY Performance

Jul 31, 2026 – Oct 28, 2026

+6.6%ACYQ+14.1%SNOY

Expense ratio: ACYQ 0.75%, better; SNOY 1.00%
Fund size: ACYQ $102M; SNOY $61M
1Y total return: ACYQ No data; SNOY +10.1%
Yield (12M): ACYQ No data; SNOY 72.80%
Holdings: ACYQ 7; SNOY 10
Avg volume (30D): ACYQ 98K sh; SNOY 145K sh, better
NAV per share: ACYQ $20.20; SNOY $9.74
52W range

ETF.net Grade

ACYQ as of Oct 28, 2026

Pillar letters and Scores for ACYQ, SNOY, with each pillar’s weight
Pillar	ACYQ	SNOY
Cost30% weight	A99Higher	A77
Mission25% weight	Not scored	A70
Risk15% weight	A96Higher	C46
Tradability15% weight	B55	B63Higher
Holdings10% weight	Not scored	Not scored
Durability5% weight	B66	A77Higher

Rank among Single-Stock Option Income funds

How we build Categories ›

Same Category. ACYQ and SNOY 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 SNOY 6th 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 5ABRKCYieldMax BRK.B Option Income Strategy ETFScore 70
Rank 6BSNOYYieldMax SNOW Option Income Strategy ETFScore 67
Rank 7BAMZPKurv Yield Premium Strategy Amazon (AMZN) ETFScore 66

Our read on each fund

ETF.net Research

ACYQAFT Vest Autocallable Barrier & High Income ETF

SNOYBYieldMax SNOW Option Income Strategy ETF

In short

ACYQ No data

SNOY Snowflake with a paycheck stapled on. SNOY sells call spreads on SNOW to harvest option premium, keeping a slice of the upside instead of capping it flat, and pays out monthly.

Stated mandate

ACYQ No data

SNOY The fund seeks weekly income by actively selling call spreads on Snowflake Inc. The strategy harvests option premiums while retaining some participation in Snowflake's share-price appreciation.

Why people hold it

ACYQ No data

SNOY Sells call spreads rather than plain calls, so some participation in Snowflake's share-price appreciation is retained alongside the premium harvest.
1.00% expense ratio runs a touch leaner than the typical single-stock option income fund, including YieldMax siblings TSMY and BRKC.
Distributions land monthly, funded by an options program the manager works on a weekly cadence.
Rates among the stronger builds in a crowded single-stock income cohort, helped by cost and staying power.

Worth knowing

ACYQ No data

SNOY Exposure is synthetic. The fund uses options on Snowflake rather than owning the shares, so you carry SNOW's downside without shareholder rights.
Income is a byproduct of option premiums, which rise and fall with Snowflake's volatility. Payout size varies month to month.
Launched in 2024, so the risk picture rests on a short history, and one company's news cycle drives the whole fund.

Full ACYQ profile⁠

Full SNOY profile⁠

ACYQ vs SNOY Holdings

As of Oct 28, 2026

How ACYQ and SNOY differ

Overlap by weight

0.0%

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

Level by level

Holdings0 in both0.0%

Sector

No Sector split for ACYQ and SNOY.

Country, concentration and asset class

Country by domicile

No country split for ACYQ.

Concentration

Weight in the 10 largest Holdings

ACYQ100.0%
SNOY115.9%

Securities held

ACYQ6
SNOY9

Asset class

ACYQ: Multi-Asset
SNOY: Alternatives

Holdings

Only in ACYQ6
In both0
Only in SNOY9

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 SNOY

9 securities, 56.8% of SNOY by weight

United States Treasury Bill 02/18/202714.91%
United States Treasury Bill 07/08/202713.88%
United States Treasury Bill 12/10/20269.65%
United States Treasury Note/Bond 2.375% 05/15/20279.28%
United States Treasury Note/Bond 3.375% 09/15/20273.28%
Snow 11/20/2026 335.01 C2.36%
Snow Us 11/06/26 C3151.41%
First American Government Obligations Fund 12/01/20311.13%
Snow Us 11/06/26 C317.50.88%

Weight gaps

ACYQ and SNOY share no securities.

All 3 ACYQ holdings⁠All 12 SNOY 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 SNOY Cost

Overpaying SNOY vs ACYQ

$4,206

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

ACYQ 0.75%
$14,482
SNOY 1.00%
$18,688

Amount$10,000

Years30 years

Cost over time

ACYQ 0.75%
SNOY 1.00%
Overpaying

Year by year

Year	ACYQ	SNOY	Overpaying
10	$1,336	$1,763	$427
20	$5,078	$6,625	$1,547
30	$14,482	$18,688	$4,206

Expense ratio

0.75%ACYQ, cheaper
1.00%SNOY

ACYQ0.75%SNOY1.00%

0.51%1.91%

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

ACYQ 2nd cheapest of 71 funds

SNOY 20th cheapest of 71 funds

ACYQ vs SNOY Dividends

Last 12 months to Nov 2, 2026

Yield (12M): ACYQ No data; SNOY 72.80%
Payout (12M): ACYQ No data; SNOY $6.73
Last payment: ACYQ $0.39; SNOY $0.09
Ex-dividend: ACYQ Oct 1, 2026; SNOY Oct 29, 2026
Paid on: ACYQ Oct 2, 2026; SNOY Oct 30, 2026
Frequency: ACYQ Monthly; SNOY Weekly

Distribution history

Per share, 2026, same scale for both

ACYQMonthly · 2 paymentsAll ACYQ payments⁠

SNOYWeekly · 44 paymentsAll SNOY payments⁠

ACYQ vs SNOY Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: ACYQ No dataSNOY 61.6%since Jul 2024
Return per unit of riskSharpe ratio, 3 years: ACYQ No dataSNOY 0.69since Jul 2024
Worst fallMax drawdown, 5 years: ACYQ No dataSNOY −50.7%since Jun 2024
Market sensitivityBeta, 5 years: ACYQ 1.82SNOY 2.13; Market = 1

ACYQ and SNOY in the news

All news⁠

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
Weekly-pay Strategy fund gains 21% as single-stock income products lead Thursday
Sep 3, 2026SNOY

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ACYQ vs SNOY

In short

Stated mandate

Why people hold it