Which is cheaper, ACYS or PAYM?

ACYS charges 0.75% a year and PAYM charges 0.74%, so PAYM is cheaper. Fees come from each fund's prospectus.

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ACYS vs PAYM: Dividend Yield & Total Return

ACYS and PAYM both write options for income. Net assets: $568m on Oct 20, 2026 for FT Vest Laddered Autocallable Barrier & Resilient Income ETF, and $128m on Jul 31, 2026 for TrueShares S&P Autocallable Defensive Income ETF.

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Answers cite the figures on this page.

PAYM costs 0.01 points a year less.

Points (pts) are percentage points.

ACYS vs PAYM: Dividend Yield & Total Return
	ACYS	PAYM
Expense ratio	0.75%	0.74%
Net assets, ACYS as of Oct 20, 2026 and PAYM as of Jul 31, 2026	$568m	$128m
Benchmark	Russell 2000, measured through IWM	not published
Holdings in common	0%
Price change	rose 1.9% (since Apr 23, 2026)	fell 2.6% (since May 28, 2026)

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

2.6%

ACYS cash paid, since launch, Apr 23, 2026

4.0%

PAYM cash paid, since launch, May 28, 2026

+4.5%

ACYS total return, since launch, Apr 23, 2026

+1.5%

PAYM total return, since launch, May 28, 2026

ACYS · since launch to Oct 20, 20263.9 pts ahead of IWM

ACYS

+4.5%

IWM

+0.6%

3.9 pts ahead of IWM

ACYS since launch: paid 2.6%, price +1.9%, total +4.5%, IWM +0.6%, +3.9 pts. Figures to Oct 20, 2026.

IWM

+0.6%

ACYS

+4.5%

2.6% of it arrived as cash

3.9 pts ahead of IWM

Total return, distributions reinvested

3.9 pts ahead of IWM

ACYS since launch: paid 2.6%, price +1.9%, total +4.5%, IWM +0.6%, +3.9 pts. Figures to Oct 20, 2026.

IWM

+0.6%

ACYS

+4.5%

2.6% cash

3.9 pts ahead of IWM

2.6% of it arrived as cash. Total return, distributions reinvested. ACYS since launch: paid 2.6%, price +1.9%, total +4.5%, IWM +0.6%, +3.9 pts. Figures to Oct 20, 2026.

Figures to Oct 20, 2026.

PAYM · since launch to Oct 20, 2026Not measured

PAYM

+1.5%

none

Not measured

PAYM since launch: paid 4.0%, price −2.6%, total +1.5%, not measured against a benchmark. Figures to Oct 20, 2026.

PAYM

+1.5%

4.0% of it arrived as cash

Total return, distributions reinvested

Not measured

PAYM since launch: paid 4.0%, price −2.6%, total +1.5%, not measured against a benchmark. Figures to Oct 20, 2026.

PAYM

+1.5%

4.0% of it arrived as cash. Both charts share one scale, with zero at the line. PAYM since launch: paid 4.0%, price −2.6%, total +1.5%, 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, ACYS and PAYM hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 19, 2026.

50%

half

0% in common

Positions both hold, largest shared weight first

Holding ACYS PAYM

Only in ACYS

ACYS Autocall Derivative Citi 0.30%

ACYS Autocall Derivative JPMorgan 0.14%

ACYS Autocall Derivative BNP 0.08%

Only in PAYM

Check overlap with more funds →

Performance, window by window

Performance, window by window: ACYS vs PAYM: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	ACYS	PAYM	ACYS	PAYM	ACYS	PAYM
3 months	+2.0%	+1.2%	2.0%	2.5%	+8.7 pts	not measured
Since launch Not the same days: ACYS Apr 2026 · PAYM May 2026	+4.5%	+1.5%	2.6%	4.0%	+3.9 pts	not measured

Source: ETFIQ. Open this comparison in the app →

On the same fields

ACYS

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

PAYM

TrueShares S&P Autocallable Defensive Income ETF · Autocallable, paying monthly

Issuer First Trust TrueShares

Strategy autocallable autocallable

Benchmark Russell 2000 (IWM) none

Pays monthly monthly

Payout rate, annualized 7.8% 10.0%

Expense ratio 0.75% 0.74%

Cash paid, 1 year 2.6% (since launch, Apr 23, 2026) 4.0% (since launch, May 28, 2026)

Price change, 1 year +1.9% (since launch, Apr 23, 2026) −2.6% (since launch, May 28, 2026)

Total return, 1 year +4.5% (since launch, Apr 23, 2026) +1.5% (since launch, May 28, 2026)

Benchmark return, 1 year +0.6% (since launch, Apr 23, 2026) not published

Ahead or behind +3.9 pts (since launch, Apr 23, 2026) not available

Return of capital, latest estimate not published not published

Age 180 days 145 days

Net assets, ACYS as of Oct 20, 2026 and PAYM as of Jul 31, 2026 $568m $128m

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 ACYS

Over the period from its first trade on Apr 23, 2026 to Oct 20, 2026, ACYS paid 2.6% of its starting value in cash distributions while its price rose 1.9%. With every distribution reinvested, the fund returned +4.5%. Russell 2000 (IWM) returned +0.6% over the same days, so a holder was ahead by 3.9 pts. At its price on Oct 20, 2026 the latest distribution annualizes to 7.8%, paid monthly.

About PAYM

Over the period from its first trade on May 28, 2026 to Oct 20, 2026, PAYM paid 4.0% of its starting value in cash distributions while its price fell 2.6%. With every distribution reinvested, the fund returned +1.5%. At its price on Oct 20, 2026 the latest distribution annualizes to 10.0%, paid monthly.

Questions people ask

Which is cheaper, ACYS or PAYM?: ACYS charges 0.75% a year and PAYM charges 0.74%, so PAYM is cheaper. Fees come from each fund's prospectus.

Other comparisons

ACYS vs PAYH ACYS vs MSR ACYS vs ACII ACYS vs ACYQ PAYM vs ACRT PAYM vs ACYN PAYM vs JANJ PAYM vs JULJ

Russell 2000 (IWM) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →ACYS on its own →PAYM on its own →ACYS dividend history →ACYS holdings →PAYM dividend history →How every figure is computed →Standards and sources →

Where these figures came from

ACYS filings on SEC EDGAR ↗ACYS prospectus with the expense ratio (SEC) ↗First Trust page for ACYS ↗PAYM filings on SEC EDGAR ↗PAYM 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, ACYS against PAYM, data as of Oct 20, 2026. https://etfiq.com/compare/income/acys-vs-paym

Open data

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