Which is cheaper, ACEI or ACYQ?

ACEI charges 0.79% a year and ACYQ charges 0.75%, so ACYQ is cheaper. Fees come from each fund's prospectus.

ACEI vs ACYQ: which paid, and which earned it?

ACEI and ACYQ both write options for income. Innovator Equity Autocallable Income Strategy ETF and FT Vest Autocallable Barrier & High Income ETF.

11.1%

ACEI cash paid, 1 year

1.9%

ACYQ cash paid, since launch

+5.9%

ACEI total return, 1 year

+8.0%

ACYQ total return, since launch

ACEI · 1 year to Sep 30, 20269.8 pts behind SPY

ACEI

+5.9%

SPY

+15.7%

9.8 pts behind SPY

ACEI over 1 year: paid 11.1%, price −5.7%, total +5.9%, SPY +15.7%, −9.8 pts.

SPY

+15.7%

ACEI

+5.9%

11.1% of it arrived as cash

9.8 pts behind SPY

Total return, distributions reinvested

9.8 pts behind SPY

ACEI over 1 year: paid 11.1%, price −5.7%, total +5.9%, SPY +15.7%, −9.8 pts.

SPY

+15.7%

ACEI

+5.9%

9.8 pts behind SPY

11.1% of it arrived as cash. Total return, distributions reinvested. ACEI over 1 year: paid 11.1%, price −5.7%, total +5.9%, SPY +15.7%, −9.8 pts.

ACYQ · since launch to Sep 30, 20263.7 pts ahead of SPY

ACYQ

+8.0%

SPY

+4.3%

3.7 pts ahead of SPY

ACYQ since launch: paid 1.9%, price +6.0%, total +8.0%, SPY +4.3%, +3.7 pts.

SPY

+4.3%

ACYQ

+8.0%

1.9% cash

3.7 pts ahead of SPY

Total return, distributions reinvested

3.7 pts ahead of SPY

ACYQ since launch: paid 1.9%, price +6.0%, total +8.0%, SPY +4.3%, +3.7 pts.

SPY

+4.3%

ACYQ

+8.0%

3.7 pts ahead of SPY

1.9% of it arrived as cash. Both charts share one scale, 0 to +15.7%. ACYQ since launch: paid 1.9%, price +6.0%, total +8.0%, SPY +4.3%, +3.7 pts.

What they hold in common

By the books each fund has filed, ACEI and ACYQ hold 0% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Sep 30, 2026.

50%

half

0% in common

Positions both hold, largest shared weight first

Holding ACEI ACYQ

Only in ACEI

TREASURY BILL 100.00%

Only in ACYQ

U.S. Treasury Bill, 0%, due 11/27/2026 31.38%

U.S. Treasury Bill, 0%, due 10/29/2026 30.47%

U.S. Treasury Bill, 0%, due 12/31/2026 30.12%

US Dollar 4.29%

ACYQ Autocall Derivative JPMorgan 1.53%

ACYQ Autocall Derivative Citi 1.12%

ACYQ Autocall Derivative BNP 1.10%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

Performance, window by window

	Total return		Cash paid		Against the benchmark
Window	ACEI	ACYQ	ACEI	ACYQ	ACEI	ACYQ
3 months	+5.4%	+6.0%	3.3%	1.8%	+2.8 pts	+3.5 pts
6 months	+5.6%	not published	6.5%	not published	−11.4 pts	not published
1 year	+5.9%	not published	11.1%	not published	−9.8 pts	not published
Since launch ACEI Sep 2025 · ACYQ Jun 2026	+6.0%	+8.0%	11.1%	1.9%	−11.2 pts	+3.7 pts

ACEI and ACYQ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

ACEI

Innovator Equity Autocallable Income Strategy ETF · Autocallable on SPY, paying monthly

ACYQ

FT Vest Autocallable Barrier & High Income ETF · Autocallable on SPY

Issuer Innovator First Trust

Strategy autocallable autocallable

Benchmark S&P 500 (SPY), used as a default proxy S&P 500 (SPY), used as a default proxy

Pays monthly not established

Payout rate, annualized 13.0% 21.0%

Expense ratio 0.79% 0.75%

Cash paid, 1 year 11.1% 1.9% (since launch on Jun 24, 2026)

Price change, 1 year −5.7% +6.0%

Total return, 1 year +5.9% +8.0% (since launch on Jun 24, 2026)

Benchmark return, 1 year +15.7% +4.3%

Ahead or behind −9.8 pts +3.7 pts

Return of capital, latest estimate not published not published

Age 370 days 98 days

Net assets $50m $78m

ACEI and ACYQ on the same fields, as of Sep 30, 2026. Source: ETFIQ.

ACEI in plain words

Over the year to Sep 30, 2026, ACEI paid 11.1% of its starting value in cash distributions while its price fell 5.7%. With every distribution reinvested, the fund returned +5.9%. S&P 500 (SPY), used as a default proxy returned +15.7% over the same days, so a holder was behind by 9.8 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 13.0%, paid monthly.

ACYQ in plain words

Over the period since launch on Jun 24, 2026 to Sep 30, 2026, ACYQ paid 1.9% of its starting value in cash distributions while its price rose 6.0%. With every distribution reinvested, the fund returned +8.0%. S&P 500 (SPY), used as a default proxy returned +4.3% over the same days, so a holder was ahead by 3.7 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 21.0%, paid periodically.

Questions people ask

Which is cheaper, ACEI or ACYQ?: ACEI charges 0.79% a year and ACYQ charges 0.75%, so ACYQ is cheaper. Fees come from each fund's prospectus.

Other comparisons

ACEI vs JANH ACEI vs JANJ ACEI vs JANQ ACEI vs JULH ACYQ vs ACQQ ACYQ vs ACSP ACYQ vs ACYS ACYQ vs AHD

S&P 500 (SPY) →ACEI on its own →ACYQ on its own →How every figure is computed →Standards and sources →

Where these figures came from

ACEI filings on SEC EDGAR ↗ACEI prospectus with the expense ratio (SEC) ↗Innovator page for ACEI ↗ACYQ filings on SEC EDGAR ↗ACYQ prospectus with the expense ratio (SEC) ↗First Trust page for ACYQ ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, ACEI against ACYQ, data as of Sep 30, 2026. https://etfiq.com/compare/income/acei-vs-acyq

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.