ACYQ vs CAIQ: which paid, and which earned it?

ACYQ and CAIQ both write options for income. FT Vest Autocallable Barrier & High Income ETF and Calamos Nasdaq Autocallable Income ETF.

1.9%
ACYQ cash paid, since launch
13.7%
CAIQ cash paid, since launch
+8.0%
ACYQ total return, since launch
+19.6%
CAIQ total return, since launch
ACYQ · since launch to Sep 30, 20263.7 pts ahead of SPY
ACYQ
+8.0%
SPY
+4.3%

3.7 pts ahead of SPY

ACYQ since launch: paid 1.9%, price +6.0%, total +8.0%, SPY +4.3%, +3.7 pts.

SPY

+4.3%

ACYQ

+8.0%

3.7 pts ahead of SPY

Total return, distributions reinvested

3.7 pts ahead of SPY

ACYQ since launch: paid 1.9%, price +6.0%, total +8.0%, SPY +4.3%, +3.7 pts.

SPY

+4.3%

ACYQ

+8.0%

3.7 pts ahead of SPY

1.9% of it arrived as cash. Total return, distributions reinvested. ACYQ since launch: paid 1.9%, price +6.0%, total +8.0%, SPY +4.3%, +3.7 pts.

CAIQ · since launch to Sep 30, 20267.3 pts behind QQQ
CAIQ
+19.6%
QQQ
+26.9%

7.3 pts behind QQQ

CAIQ since launch: paid 13.7%, price +4.7%, total +19.6%, QQQ +26.9%, −7.3 pts.

QQQ

+26.9%

CAIQ

+19.6%

13.7% of it arrived as cash

7.3 pts behind QQQ

Total return, distributions reinvested

7.3 pts behind QQQ

CAIQ since launch: paid 13.7%, price +4.7%, total +19.6%, QQQ +26.9%, −7.3 pts.

QQQ

+26.9%

CAIQ

+19.6%

7.3 pts behind QQQ

13.7% of it arrived as cash. Both charts share one scale, 0 to +26.9%. CAIQ since launch: paid 13.7%, price +4.7%, total +19.6%, QQQ +26.9%, −7.3 pts.

What they hold in common

By the books each fund has filed, ACYQ and CAIQ 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.

half

0% in common

Positions both hold, largest shared weight first
Holding ACYQ CAIQ
Only in ACYQ
U.S. Treasury Bill, 0%, due 11/27/2026 31.38%
U.S. Treasury Bill, 0%, due 10/29/2026 30.47%
U.S. Treasury Bill, 0%, due 12/31/2026 30.12%
US Dollar 4.29%
ACYQ Autocall Derivative JPMorgan 1.53%
ACYQ Autocall Derivative Citi 1.12%
ACYQ Autocall Derivative BNP 1.10%
Only in CAIQ
Calamos Tax-Aware Collateral ETF 100.00%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

Performance, window by window

Total returnCash paidAgainst the benchmark
WindowACYQCAIQACYQCAIQACYQCAIQ
3 months+6.0%+2.6%1.8%2.9%+3.5 pts+0.5 pts
6 monthsnot published+18.4%not published8.0%not published−8.4 pts
Since launch
ACYQ Jun 2026 · CAIQ Nov 2025
+8.0%+19.6%1.9%13.7%+3.7 pts−7.3 pts

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

On the same fields

ACYQ
FT Vest Autocallable Barrier & High Income ETF · Autocallable on SPY
CAIQ
Calamos Nasdaq Autocallable Income ETF · Autocallable on QQQ, paying monthly
Issuer First Trust Calamos
Strategy autocallable autocallable
Benchmark S&P 500 (SPY), used as a default proxy Nasdaq-100 (QQQ)
Pays not established monthly
Payout rate, annualized 21.0% 17.5%
Expense ratio 0.75% 0.74%
Cash paid, 1 year 1.9% (since launch on Jun 24, 2026) 13.7% (since launch on Nov 20, 2025)
Price change, 1 year +6.0% +4.7%
Total return, 1 year +8.0% (since launch on Jun 24, 2026) +19.6% (since launch on Nov 20, 2025)
Benchmark return, 1 year +4.3% +26.9%
Ahead or behind +3.7 pts −7.3 pts
Return of capital, latest estimate not published not published
Age 98 days 314 days
Net assets $78m $167m

ACYQ and CAIQ on the same fields, as of Sep 30, 2026. Source: ETFIQ.

ACYQ in plain words

Over the period since launch on Jun 24, 2026 to Sep 30, 2026, ACYQ paid 1.9% of its starting value in cash distributions while its price rose 6.0%. With every distribution reinvested, the fund returned +8.0%. S&P 500 (SPY), used as a default proxy returned +4.3% over the same days, so a holder was ahead by 3.7 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 21.0%, paid periodically.

CAIQ in plain words

Over the period since launch on Nov 20, 2025 to Sep 30, 2026, CAIQ paid 13.7% of its starting value in cash distributions while its price rose 4.7%. With every distribution reinvested, the fund returned +19.6%. Nasdaq-100 (QQQ) returned +26.9% over the same days, so a holder was behind by 7.3 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 17.5%, paid monthly.

Questions people ask

Which is cheaper, ACYQ or CAIQ?
ACYQ charges 0.75% a year and CAIQ charges 0.74%, so CAIQ is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, ACYQ against CAIQ, data as of Sep 30, 2026. https://etfiq.com/compare/income/acyq-vs-caiq

Open data

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