Innovator Index Autocallable Income Strategy ETF (ACII) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ACII. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ACII
ACII charges 0.79% annually. There are 95 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Equity Plus ETF | 0.10% | 27.28M | Nov 2024 | ACII vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 292.36M | Mar 2024 | ACII vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 46.44M | Sep 2024 | ACII vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 166.08M | Apr 2024 | ACII vs FYEE | |
| Invesco S&P 500 BuyWrite ETF | 0.29% | 344.74M | Dec 2007 | ACII vs PBP |
Best Risk-Adjusted Alternatives to ACII
Among 142 ETFs in the Derivative Income category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | 97 | 1.02B | Apr 2025 | ACII vs CHPY | |
| SoFi Enhanced Yield ETF | 92 | 34.73M | Nov 2023 | ACII vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 298.09M | Jul 2023 | ACII vs GOOY | |
| Global X NASDAQ 100 Covered Call ETF | 88 | 8.41B | Dec 2013 | ACII vs QYLD | |
| YieldMax TSM Option Income Strategy ETF | 88 | 117.86M | Aug 2024 | ACII vs TSMY |
Top Performing ACII Alternatives (YTD)
Among 239 ETFs in the Derivative Income category with YTD return data, the top-performing alternatives shown here go as high as 363.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 363.23% | 14.71M | Oct 2025 | ACII vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 192.40% | 90.88M | Jul 2025 | ACII vs AMDW | |
| YieldMax Semiconductor Portfolio Option Income ETF | 85.77% | 1.02B | Apr 2025 | ACII vs CHPY | |
| Defiance Oil Enhanced Options Income ETF | 62.18% | 62.15M | May 2024 | ACII vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 51.59% | 82.87M | Oct 2023 | ACII vs MRNY |
Lowest Volatility Alternatives to ACII
ACII has 7.65% 1-year volatility. There are 16 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dividend Performers ETF | 0.00% | 20.88M | Dec 2018 | ACII vs IPDP | |
| Simplify Treasury Option Income ETF | 3.14% | 438.06M | Oct 2022 | ACII vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.83% | 90.68M | Feb 2025 | ACII vs HYTI | |
| Main Buywrite ETF | 4.85% | 1.21B | Dec 2015 | ACII vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.10% | 287.53M | Feb 2025 | ACII vs LQTI |
Lowest Drawdown Alternatives to ACII
Among 142 ETFs in the Derivative Income category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -1.31% | 438.06M | Oct 2022 | ACII vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.68M | Feb 2025 | ACII vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.21B | Dec 2015 | ACII vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | ACII vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | ACII vs OMAH |
Other ETFs from Innovator
The 10 most viewed Innovator ETFs shown here include BALT, FFTY, BUFF and span 5 categories. AUM among these funds goes as high as $2B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Innovator Defined Wealth Shield ETF | Defined Outcome | 92 | 1.91% | 2.46B | Jun 2021 | ACII vs BALT | |
| Innovator IBD 50 ETF | Large Cap Growth Equities | 30 | 20.11% | 89.40M | Apr 2015 | ACII vs FFTY | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 86 | 5.42% | 869.87M | Oct 2016 | ACII vs BUFF | |
| Innovator Equity Managed Floor ETF | Options Trading | 64 | 5.55% | 2.00B | Nov 2022 | ACII vs SFLR | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 71 | 28.21% | 219.47M | Jul 2018 | ACII vs LOUP | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 79 | 5.13% | 1.52B | Jan 2019 | ACII vs PJAN | |
| Innovator U.S. Equity Buffer ETF - April | Defined Outcome | 96 | 10.81% | 401.85M | Mar 2019 | ACII vs BAPR | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 87 | 4.74% | 1.00B | Aug 2018 | ACII vs PJUL | |
| Innovator Nasdaq-100 Managed Floor ETF | Nasdaq-100, Options Trading | 74 | 6.90% | 527.81M | Jan 2024 | ACII vs QFLR | |
| Innovator U.S. Equity Power Buffer ETF October | Defined Outcome | 75 | 5.33% | 1.02B | Sep 2018 | ACII vs POCT |
Often Compared With ACII
Investors most often compare ACII with PAPI, GOOW, CWII. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare ACII with Any Fund or Stock
Compare ACII with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ACII with funds that move differently
Innovator Index Autocallable Income Strategy ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ACII.
Explore ACII Diversifiers