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ACYN vs PAYH: Dividend Yield & Total Return

ACYN and PAYH both write options for income. Net assets: $2.5bn on Oct 20, 2026 for FT Vest Laddered Autocallable Barrier & Income ETF, and $26m on Jul 31, 2026 for TrueShares S&P Autocallable High Income ETF.

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Answers cite the figures on this page.

PAYH costs 0.01 points a year less.

Points (pts) are percentage points.

ACYN vs PAYH: Dividend Yield & Total Return
ACYNPAYH
Expense ratio0.75%0.74%
Net assets, ACYN as of Oct 20, 2026 and PAYH as of Jul 31, 2026$2.5bn$26m
BenchmarkRussell 2000, measured through IWMnot published
Holdings in common0%
Against its benchmark, same daysahead by 3.6 pts
Price changerose 3.1% (since Feb 25, 2026)fell 0.8% (since Dec 30, 2025)

Holdings in common uses holdings dated Jul 31, 2026 and Oct 19, 2026.

5.3%
ACYN cash paid, since launch, Feb 25, 2026
12.1%
PAYH cash paid, since launch, Dec 30, 2025
+8.6%
ACYN total return, since launch, Feb 25, 2026
+12.4%
PAYH total return, since launch, Dec 30, 2025

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ACYN · since launch to Oct 20, 20263.7 pts ahead of IWM
ACYN
+8.6%
IWM
+4.9%

3.7 pts ahead of IWM

ACYN since launch: paid 5.3%, price +3.1%, total +8.6%, IWM +4.9%, +3.7 pts. Figures to Oct 20, 2026.

IWM

+4.9%

ACYN

+8.6%

5.3% of it arrived as cash

3.7 pts ahead of IWM

Total return, distributions reinvested

3.7 pts ahead of IWM

ACYN since launch: paid 5.3%, price +3.1%, total +8.6%, IWM +4.9%, +3.7 pts. Figures to Oct 20, 2026.

IWM

+4.9%

ACYN

+8.6%

3.7 pts ahead of IWM

5.3% of it arrived as cash. Total return, distributions reinvested. ACYN since launch: paid 5.3%, price +3.1%, total +8.6%, IWM +4.9%, +3.7 pts. Figures to Oct 20, 2026.

Figures to Oct 20, 2026.

PAYH · since launch to Oct 20, 2026Not measured
PAYH
+12.4%
none

Not measured

PAYH since launch: paid 12.1%, price −0.8%, total +12.4%, not measured against a benchmark. Figures to Oct 20, 2026.

PAYH

+12.4%

12.1% of it arrived as cash

Total return, distributions reinvested

Not measured

PAYH since launch: paid 12.1%, price −0.8%, total +12.4%, not measured against a benchmark. Figures to Oct 20, 2026.

PAYH

+12.4%

12.1% as cash

12.1% of it arrived as cash. Both charts share one scale, with zero at the line. PAYH since launch: paid 12.1%, price −0.8%, total +12.4%, not measured against a benchmark. Figures to Oct 20, 2026.

Figures to Oct 20, 2026.

What they hold in common

By the books each fund has filed, ACYN and PAYH hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 19, 2026.

half

0% in common

Positions both hold, largest shared weight first
Holding ACYN PAYH
Only in ACYN
ACYN Autocall Derivative Citi 0.44%
ACYN Autocall Derivative JPMorgan 0.21%
ACYN Autocall Derivative BNP 0.14%
Only in PAYH

Check overlap with more funds →

Performance, window by window

Performance, window by window: ACYN vs PAYH: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowACYNPAYHACYNPAYHACYNPAYH
3 months+3.1%+4.4%2.6%4.2%+9.8 ptsnot measured
6 months+5.5%+7.5%5.2%8.4%+4.5 ptsnot measured
Since launch
Not the same days: ACYN Feb 2026 · PAYH Dec 2025
+8.6%+12.4%5.3%12.1%+3.6 ptsnot measured

Source: ETFIQ. Open this comparison in the app →

On the same fields

ACYN
FT Vest Laddered Autocallable Barrier & Income ETF · Autocallable on IWM, paying monthly
PAYH
TrueShares S&P Autocallable High Income ETF · Autocallable, paying monthly
Issuer First Trust TrueShares
Strategy autocallable autocallable
Benchmark Russell 2000 (IWM) none
Pays monthly monthly
Payout rate, annualized 10.0% 16.9%
Expense ratio 0.75% 0.74%
Cash paid, 1 year 5.3% (since launch, Feb 25, 2026) 12.1% (since launch, Dec 30, 2025)
Price change, 1 year +3.1% (since launch, Feb 25, 2026) −0.8% (since launch, Dec 30, 2025)
Total return, 1 year +8.6% (since launch, Feb 25, 2026) +12.4% (since launch, Dec 30, 2025)
Benchmark return, 1 year +4.9% (since launch, Feb 25, 2026) not published
Ahead or behind +3.7 pts (since launch, Feb 25, 2026) not available
Return of capital, latest estimate not published not published
Age 237 days 294 days
Net assets, ACYN as of Oct 20, 2026 and PAYH as of Jul 31, 2026 $2.5bn $26m

As of Oct 20, 2026. Source: ETFIQ. Cash paid is what the fund distributed over the window, as a share of its price at the start. Payout rate is its latest payment, annualized, over today’s price.

About ACYN

Over the period from its first trade on Feb 25, 2026 to Oct 20, 2026, ACYN paid 5.3% of its starting value in cash distributions while its price rose 3.1%. With every distribution reinvested, the fund returned +8.6%. Russell 2000 (IWM) returned +4.9% over the same days, so a holder was ahead by 3.6 pts. At its price on Oct 20, 2026 the latest distribution annualizes to 10.0%, paid monthly.

About PAYH

Over the period from its first trade on Dec 30, 2025 to Oct 20, 2026, PAYH paid 12.1% of its starting value in cash distributions while its price fell 0.8%. With every distribution reinvested, the fund returned +12.4%. At its price on Oct 20, 2026 the latest distribution annualizes to 16.9%, paid monthly.

Questions people ask

Which is cheaper, ACYN or PAYH?
ACYN charges 0.75% a year and PAYH charges 0.74%, so PAYH is cheaper. Fees come from each fund's prospectus.
Other comparisons
ACYN vs ATCLACYN vs VAIEACYN vs ANVACYN vs TLAPAYH vs ACYSPAYH vs ACRTPAYH vs PAYMPAYH vs ACYQ
Russell 2000 (IWM) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →ACYN on its own →PAYH on its own →ACYN dividend history →ACYN holdings →PAYH dividend history →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 ↗PAYH filings on SEC EDGAR ↗PAYH prospectus with the expense ratio (SEC) ↗TrueShares website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every figure is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, ACYN against PAYH, data as of Oct 20, 2026. https://etfiq.com/compare/income/acyn-vs-payh

Open data

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