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

ACYN and SCA both write options for income. FT Vest Laddered Autocallable Barrier & Income ETF and GraniteShares Autocallable SMCI ETF.

4.5%
ACYN cash paid, since launch
12.8%
SCA cash paid, since launch
+8.2%
ACYN total return, since launch
+17.8%
SCA 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% 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.

SCA · since launch to Sep 30, 202610.3 pts ahead of SMCI
SCA
+17.8%
SMCI
+7.5%

10.3 pts ahead of SMCI

SCA since launch: paid 12.8%, price +2.9%, total +17.8%, SMCI +7.5%, +10.3 pts.

SMCI

+7.5%

SCA

+17.8%

12.8% of it arrived as cash

10.3 pts ahead of SMCI

Total return, distributions reinvested

10.3 pts ahead of SMCI

SCA since launch: paid 12.8%, price +2.9%, total +17.8%, SMCI +7.5%, +10.3 pts.

SMCI

+7.5%

SCA

+17.8%

12.8% as cash

10.3 pts ahead of SMCI

12.8% of it arrived as cash. Both charts share one scale, 0 to +17.8%. SCA since launch: paid 12.8%, price +2.9%, total +17.8%, SMCI +7.5%, +10.3 pts.

Performance, window by window

Total returnCash paidAgainst the benchmark
WindowACYNSCAACYNSCAACYNSCA
3 months+3.2%+38.2%1.8%8.0%+0.7 pts−10.4 pts
6 months+7.0%not published4.4%not published−10.0 ptsnot published
Since launch
ACYN Feb 2026 · SCA May 2026
+8.2%+17.8%4.5%12.8%−2.7 pts+10.3 pts

ACYN and SCA 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
SCA
GraniteShares Autocallable SMCI ETF · Autocallable on SMCI, paying monthly
Issuer First Trust GraniteShares
Strategy autocallable autocallable
Benchmark S&P 500 (SPY), used as a default proxy Super Micro (SMCI)
Pays monthly monthly
Payout rate, annualized 9.9% 36.6%
Expense ratio 0.75% 1.07%
Cash paid, 1 year 4.5% (since launch on Feb 25, 2026) 12.8% (since launch on May 27, 2026)
Price change, 1 year +3.5% +2.9%
Total return, 1 year +8.2% (since launch on Feb 25, 2026) +17.8% (since launch on May 27, 2026)
Benchmark return, 1 year +10.9% +7.5%
Ahead or behind −2.7 pts +10.3 pts
Return of capital, latest estimate not published 29%
Age 217 days 126 days
Net assets $2.2bn $2m

ACYN and SCA 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.

SCA in plain words

Over the period since launch on May 27, 2026 to Sep 30, 2026, SCA paid 12.8% of its starting value in cash distributions while its price rose 2.9%. With every distribution reinvested, the fund returned +17.8%. Super Micro (SMCI) returned +7.5% over the same days, so a holder was ahead by 10.3 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 36.6%, paid monthly. GraniteShares estimates that 29% 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 SCA?
ACYN charges 0.75% a year and SCA charges 1.07%, so ACYN is cheaper. Fees come from each fund's prospectus.
Cite this page

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

Open data

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