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

ACYN and IACL both write options for income. FT Vest Laddered Autocallable Barrier & Income ETF and GraniteShares US 100 Autocallable Income ETF.

4.5%
ACYN cash paid, since launch
0.4%
IACL cash paid, since launch
+8.2%
ACYN total return, since launch
+1.1%
IACL total return, since launch
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% of it arrived 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.

IACL · since launch to Sep 30, 20261.4 pts ahead of SPY
IACL
+1.1%
SPY
−0.4%

1.4 pts ahead of SPY

IACL since launch: paid 0.4%, price +0.7%, total +1.1%, SPY −0.4%, +1.4 pts.

SPY

−0.4%

IACL

+1.1%

1.4 pts ahead of SPY

Total return, distributions reinvested

1.4 pts ahead of SPY

IACL since launch: paid 0.4%, price +0.7%, total +1.1%, SPY −0.4%, +1.4 pts.

SPY

−0.4%

IACL

+1.1%

1.4 pts ahead of SPY

0.4% of it arrived as cash. Both charts share one scale, 0 to +10.9%. IACL since launch: paid 0.4%, price +0.7%, total +1.1%, SPY −0.4%, +1.4 pts.

Performance, window by window

Total returnCash paidAgainst the benchmark
WindowACYNIACLACYNIACLACYNIACL
3 months+3.2%not published1.8%not published+0.7 ptsnot published
6 months+7.0%not published4.4%not published−10.0 ptsnot published
Since launch
ACYN Feb 2026 · IACL Aug 2026
+8.2%+1.1%4.5%0.4%−2.7 pts+1.4 pts

ACYN and IACL 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
IACL
GraniteShares US 100 Autocallable Income ETF · Autocallable on SPY
Issuer First Trust GraniteShares
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 9.9% 5.0%
Expense ratio 0.75% 0.55%
Cash paid, 1 year 4.5% (since launch on Feb 25, 2026) 0.4% (since launch on Aug 18, 2026)
Price change, 1 year +3.5% +0.7%
Total return, 1 year +8.2% (since launch on Feb 25, 2026) +1.1% (since launch on Aug 18, 2026)
Benchmark return, 1 year +10.9% −0.4%
Ahead or behind −2.7 pts +1.4 pts
Return of capital, latest estimate not published 99%
Age 217 days 43 days
Net assets $2.2bn $3m

ACYN and IACL 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.

IACL in plain words

Over the period since launch on Aug 18, 2026 to Sep 30, 2026, IACL paid 0.4% of its starting value in cash distributions while its price rose 0.7%. With every distribution reinvested, the fund returned +1.1%. S&P 500 (SPY), used as a default proxy returned −0.4% over the same days, so a holder was ahead by 1.4 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 5.0%, paid periodically. GraniteShares estimates that 99% of the distribution paid Sep 11, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which is cheaper, ACYN or IACL?
ACYN charges 0.75% a year and IACL charges 0.55%, so IACL is cheaper. Fees come from each fund's prospectus.
Cite this page

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

Open data

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