Which is cheaper, ACYN or APRJ?

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

ACYN vs APRJ: which paid, and which earned it?

ACYN and APRJ both write options for income. FT Vest Laddered Autocallable Barrier & Income ETF and Innovator Premium Income 30 Barrier ETF - April.

4.5%

ACYN cash paid, since launch

6.2%

APRJ cash paid, 1 year

+8.2%

ACYN total return, since launch

+6.1%

APRJ total return, 1 year

ACYN · since launch to Sep 30, 20262.7 pts behind SPY

ACYN

+8.2%

SPY

+10.9%

2.7 pts behind SPY

ACYN since launch: paid 4.5%, price +3.5%, total +8.2%, SPY +10.9%, −2.7 pts.

SPY

+10.9%

ACYN

+8.2%

4.5% as cash

2.7 pts behind SPY

Total return, distributions reinvested

2.7 pts behind SPY

ACYN since launch: paid 4.5%, price +3.5%, total +8.2%, SPY +10.9%, −2.7 pts.

SPY

+10.9%

ACYN

+8.2%

2.7 pts behind SPY

4.5% of it arrived as cash. Total return, distributions reinvested. ACYN since launch: paid 4.5%, price +3.5%, total +8.2%, SPY +10.9%, −2.7 pts.

APRJ · 1 year to Sep 30, 20269.6 pts behind SPY

APRJ

+6.1%

SPY

+15.7%

9.6 pts behind SPY

APRJ over 1 year: paid 6.2%, price −0.2%, total +6.1%, SPY +15.7%, −9.6 pts.

SPY

+15.7%

APRJ

+6.1%

6.2% of it arrived as cash

9.6 pts behind SPY

Total return, distributions reinvested

9.6 pts behind SPY

APRJ over 1 year: paid 6.2%, price −0.2%, total +6.1%, SPY +15.7%, −9.6 pts.

SPY

+15.7%

APRJ

+6.1%

9.6 pts behind SPY

6.2% of it arrived as cash. Both charts share one scale, 0 to +15.7%. APRJ over 1 year: paid 6.2%, price −0.2%, total +6.1%, SPY +15.7%, −9.6 pts.

What they hold in common

By the books each fund has filed, ACYN and APRJ 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 ACYN APRJ

Only in ACYN

U.S. Treasury Bill, 0%, due 12/31/2026 32.99%

U.S. Treasury Bill, 0%, due 11/27/2026 32.91%

U.S. Treasury Bill, 0%, due 10/29/2026 31.88%

US Dollar 0.83%

ACYN Autocall Derivative Citi 0.70%

ACYN Autocall Derivative JPMorgan 0.36%

ACYN Autocall Derivative BNP 0.33%

Only in APRJ

TREASURY BILL 95.06%

TREASURY BILL 1.66%

TREASURY BILL 1.65%

TREASURY BILL 1.64%

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	ACYN	APRJ	ACYN	APRJ	ACYN	APRJ
3 months	+3.2%	+1.1%	1.8%	1.7%	+0.7 pts	−1.4 pts
6 months	+7.0%	+3.9%	4.4%	3.5%	−10.0 pts	−13.1 pts
1 year	not published	+6.1%	not published	6.2%	not published	−9.6 pts
3 years	not published	+19.5%	not published	17.8%	not published	−65.5 pts
Since launch ACYN Feb 2026 · APRJ Apr 2023	+8.2%	+23.8%	4.5%	21.1%	−2.7 pts	−70.0 pts

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

On the same fields

ACYN

FT Vest Laddered Autocallable Barrier & Income ETF · Autocallable on SPY, paying monthly

APRJ

Innovator Premium Income 30 Barrier ETF - April · Defined income on SPY, paying quarterly

Issuer First Trust Innovator

Strategy autocallable defined income

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

Pays monthly quarterly

Payout rate, annualized 9.9% 6.9%

Expense ratio 0.75% 0.79%

Cash paid, 1 year 4.5% (since launch on Feb 25, 2026) 6.2%

Price change, 1 year +3.5% −0.2%

Total return, 1 year +8.2% (since launch on Feb 25, 2026) +6.1%

Benchmark return, 1 year +10.9% +15.7%

Ahead or behind −2.7 pts −9.6 pts

Return of capital, latest estimate not published not published

Age 217 days 1276 days

Net assets $2.2bn $28m

ACYN and APRJ on the same fields, as of Sep 30, 2026. Source: ETFIQ.

ACYN in plain words

Over the period since launch on Feb 25, 2026 to Sep 30, 2026, ACYN paid 4.5% of its starting value in cash distributions while its price rose 3.5%. With every distribution reinvested, the fund returned +8.2%. S&P 500 (SPY), used as a default proxy returned +10.9% over the same days, so a holder was behind by 2.7 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 9.9%, paid monthly.

APRJ in plain words

Over the year to Sep 30, 2026, APRJ paid 6.2% of its starting value in cash distributions while its price fell 0.2%. With every distribution reinvested, the fund returned +6.1%. S&P 500 (SPY) returned +15.7% over the same days, so a holder was behind by 9.6 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 6.9%, paid quarterly.

Questions people ask

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

Other comparisons

ACYN vs IACL ACYN vs JANH ACYN vs JANJ ACYN vs JANQ APRJ vs IQQQ APRJ vs ISPY APRJ vs IVVW APRJ vs JANH

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

Where these figures came from

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

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, ACYN against APRJ, data as of Sep 30, 2026. https://etfiq.com/compare/income/acyn-vs-aprj

Open data

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