ACKY vs. PEPS

Last updated Aug 1, 2026

ACKY (VistaShares Target 15 ACKtivist Select Income ETF) and PEPS (Parametric Equity Plus ETF) are both Derivative Income funds. Both are actively managed. Their 0.73 correlation means they have sometimes moved together and sometimes differently. ACKY charges 0.95%/yr vs 0.10%/yr for PEPS.

Performance

ACKY vs. PEPS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VistaShares Target 15 ACKtivist Select Income ETF (ACKY) and Parametric Equity Plus ETF (PEPS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ACKY achieves a -2.09% return, which is significantly lower than PEPS's 10.53% return.

ACKY

• 1D: 2.71%
• 1M: 0.69%
• 6M: -3.99%
• YTD: -2.09%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

PEPS

• 1D: 0.81%
• 1M: 0.80%
• 6M: 8.59%
• YTD: 10.53%
• 1Y: 24.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.01%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ACKY VistaShares Target 15 ACKtivist Select Income ETF	$464.27K	$380.64K	$503.52K
PEPS Parametric Equity Plus ETF	$5.31K	$5.85K	$15.49K

ACKY vs. PEPS - Yearly Performance Comparison

	2026 (YTD)	2025
ACKY VistaShares Target 15 ACKtivist Select Income ETF	-2.09%	4.04%
PEPS Parametric Equity Plus ETF	10.53%	7.02%

Correlation

The correlation between ACKY and PEPS is 0.73, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 9, 2025	0.73

Return for Risk

ACKY vs. PEPS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ACKY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

PEPS

PEPS Risk / Return Rank: 70
PEPS Sharpe Ratio Rank: 70
PEPS Sortino Ratio Rank: 65
PEPS Omega Ratio Rank: 68
PEPS Calmar Ratio Rank: 66
PEPS Martin Ratio Rank: 79

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ACKY vs. PEPS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VistaShares Target 15 ACKtivist Select Income ETF (ACKY) and Parametric Equity Plus ETF (PEPS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ACKY	PEPS	Difference
Sharpe ratio: Return per unit of total volatility	—	1.60	—
Sortino ratio: Return per unit of downside risk	—	2.16	—
Omega ratio: Gain probability vs. loss probability	—	1.29	—
Calmar ratio: Return relative to maximum drawdown	—	2.31	—
Martin ratio: Return relative to average drawdown	—	10.10	—

Drawdowns

ACKY vs. PEPS - Drawdown Comparison

The maximum ACKY drawdown since its inception was -14.63%, smaller than the maximum PEPS drawdown of -21.26%. Use the drawdown chart below to compare losses from any high point for ACKY and PEPS.

Drawdown Indicators

	ACKY	PEPS	Difference
Max Drawdown Largest peak-to-trough decline	-14.63%	-21.26%	+6.63%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.80%	—
Current Drawdown Current decline from peak	-5.73%	-0.66%	-5.07%
Average Drawdown Average peak-to-trough decline	-3.88%	-2.67%	-1.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.24%	—

Volatility

Volatility by Period

	ACKY	PEPS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.85%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.00%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.07%	14.21%	+1.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.07%	18.11%	-2.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.07%	18.11%	-2.04%

ACKY vs. PEPS - Expense Ratio Comparison

ACKY has a 0.95% expense ratio, which is higher than PEPS's 0.10% expense ratio.

Dividends

ACKY vs. PEPS - Dividend Comparison

ACKY's dividend yield for the trailing twelve months is around 14.79%, more than PEPS's 0.92% yield.

Position	TTM	2025	2024
ACKY VistaShares Target 15 ACKtivist Select Income ETF	14.79%	5.06%	0.00%
PEPS Parametric Equity Plus ETF	0.92%	1.00%	0.17%

Frequently Asked Questions

Can I hold both ACKY and PEPS in my portfolio?

ACKY and PEPS have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ACKY or PEPS?

On fees, PEPS is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ACKY or PEPS?

PEPS is cheaper with a 0.10% expense ratio, compared with 0.95% for ACKY.

Which ETF pays a higher dividend yield, ACKY or PEPS?

ACKY has the higher dividend yield at 14.79%, compared with 0.92% for PEPS.

What is the main difference between ACKY and PEPS?

They also come from different issuers: VistaShares and Parametric. Their fees differ too: 0.95% for ACKY and 0.10% for PEPS.