Which is cheaper, ACEI or MPDY?

ACEI charges 0.79% a year and MPDY charges 0.70%, so MPDY is cheaper. Fees come from each fund's prospectus.

Data as of Nov 12, 2026.

Share on X Download as PDF

ACEI vs MPDY: Dividend Yield & Total Return

Return, fees and overlap, side by side.

Return gap

+10.4 pts

3 months to Nov 12, 2026: ACEI ahead, total return

Fee gap

0.09 pts

A year: ACEI 0.79%, MPDY 0.70%, per filings dated Feb 27, 2026 and Aug 7, 2026

Overlap

–

No book read for both funds

Net flow

–

Needs daily flows for both funds

Pair scorecard

MPDY costs 0.09 points a year less.

Points (pts) are percentage points.

ACEI vs MPDY: Dividend Yield & Total Return
Measure	ACEI	MPDY
Paid and earned
Measure	ACEI	MPDY
Total return, 1 year	+5.4%	not published
Price change	fell 7.3% (1 year)	fell 11.2% (since Aug 12, 2026)
Return of capital, issuer estimate	77% of the Nov 2, 2026 payment
Against its benchmark
Measure	ACEI	MPDY
Benchmark	S&P 500, measured through SPY	not published
Cost and size
Measure	ACEI	MPDY
Expense ratio	0.79%	0.70%
Net assets	$58m	not read by ETFIQ
Holdings
Measure	ACEI	MPDY
Holdings in common	not published

Method

Key numbers

12.3%

ACEI cash paid, 1 year

2.3%

MPDY cash paid, since launch, Aug 12, 2026

+5.4%

ACEI total return, 1 year

−9.1%

MPDY total return, since launch, Aug 12, 2026

ACEI · 1 year to Nov 12, 2026 6.6 pts behind SPY

ACEI

+5.4%

SPY

+12.0%

6.6 pts behind SPY

ACEI over 1 year: paid 12.3%, price −7.3%, total +5.4%, SPY +12.0%, −6.6 pts. Data to Nov 12, 2026.

SPY

+12.0%

ACEI

+5.4%

12.3% as cash

6.6 pts behind SPY

Total return, distributions reinvested

6.6 pts behind SPY

ACEI over 1 year: paid 12.3%, price −7.3%, total +5.4%, SPY +12.0%, −6.6 pts. Data to Nov 12, 2026.

SPY

+12.0%

ACEI

+5.4%

6.6 pts behind SPY

12.3% of it arrived as cash. Total return, distributions reinvested. ACEI over 1 year: paid 12.3%, price −7.3%, total +5.4%, SPY +12.0%, −6.6 pts. Data to Nov 12, 2026.

Data to Nov 12, 2026.

MPDY · since launch to Nov 12, 2026 Not measured

MPDY

−9.1%

none

Not measured

MPDY since launch: paid 2.3%, price −11.2%, total −9.1%, not measured against a benchmark. Data to Nov 12, 2026.

MPDY

−9.1%

Total return, distributions reinvested

Not measured

MPDY since launch: paid 2.3%, price −11.2%, total −9.1%, not measured against a benchmark. Data to Nov 12, 2026.

MPDY

−9.1%

2.3% of it arrived as cash. Both charts share one scale, with zero at the line. MPDY since launch: paid 2.3%, price −11.2%, total −9.1%, not measured against a benchmark. Data to Nov 12, 2026.

Data to Nov 12, 2026.

Side by side

ACEI Innovator Equity Autocallable Income Strategy ETF · Autocallable on SPY, paying monthly MPDY m+ DualYield Autocall ETF · Autocallable

Issuer Innovator m+

Strategy autocallable autocallable

Benchmark S&P 500 (SPY) not set

Pays monthly not established

Payout rate, annualized 14.2% 13.3%

Expense ratio 0.79% 0.70%

Cash paid, 1 year 12.3% 2.3% (since launch, Aug 12, 2026)

Price change, 1 year −7.3% −11.2% (since launch, Aug 12, 2026)

Total return, 1 year +5.4% −9.1% (since launch, Aug 12, 2026)

Benchmark return, 1 year +12.0% not published

Ahead or behind −6.6 pts not available

Return of capital, latest estimate 77% not published

Age 1.1 years 92 days

Net assets $58m not read by ETFIQ

As of Nov 12, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: ACEI vs MPDY: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	ACEI	MPDY	ACEI	MPDY	ACEI	MPDY
3 months	+0.1%	−10.3%	3.3%	2.3%	+2.5 pts	not measured
6 months	+0.2%	–	6.4%	–	−1.6 pts	–
1 year	+5.4%	–	12.3%	–	−6.6 pts	–
Since launchNot the same days: ACEI Sep 2025 · MPDY Aug 2026	+4.9%	−9.1%	12.2%	2.3%	−11.4 pts	not measured

– means no data for this window. Open this comparison in the app →

Alert

About each fund

ACEI

Over the year to Nov 12, 2026, ACEI paid 12.3% of its starting value in cash distributions while its price fell 7.3%. With every distribution reinvested, the fund returned +5.4%. S&P 500 (SPY) returned +12.0% over the same days, so a holder was behind by 6.6 pts. At its price on Nov 12, 2026 the latest distribution annualizes to 14.2%, paid monthly. Innovator estimates that 77% of the distribution paid Nov 2, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

MPDY

Over the period from its first trade on Aug 12, 2026 to Nov 12, 2026, MPDY paid 2.3% of its starting value in cash distributions while its price fell 11.2%. With every distribution reinvested, the fund returned −9.1%. At its price on Nov 12, 2026 the latest distribution annualizes to 13.3%, paid periodically.

Questions people ask

Which is cheaper, ACEI or MPDY?: ACEI charges 0.79% a year and MPDY charges 0.70%, so MPDY is cheaper. Fees come from each fund's prospectus.

Other comparisons

ACEI vs ARKY ACEI vs CAIQ ACEI vs IACL ACEI vs MPIM MPDY vs ACSP MPDY vs CAGE MPDY vs APRJ MPDY vs APRH

Where to next

S&P 500 (SPY) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →ACEI on its own →MPDY on its own →ACEI dividend history →MPDY dividend history →Method →Standards and sources →

Sources and dates

ACEI filings on SEC EDGAR ↗

ACEI prospectus with the expense ratio (SEC) ↗

ACEI 19a-1 distribution notice ↗

Innovator page for ACEI ↗

MPDY filings on SEC EDGAR ↗

MPDY prospectus with the expense ratio (SEC) ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, ACEI against MPDY, data as of Nov 12, 2026. https://etfiq.com/compare/income/acei-vs-mpdy

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.

ACEI and MPDY both write options for income.

ACEI on its own →MPDY on its own →

Growth of 100

ACEI and MPDY

Total return, distributions reinvested, 3 months.

ACEI +0.1%MPDY −10.3%

Aug 13, 2026Nov 12, 2026

ACEI +0.1%, MPDY −10.3%: ACEI +10.4 pts ahead, 3 months, Aug 13, 2026 to Nov 12, 2026.