DIPS vs. ACYS

Last updated Jul 17, 2026

DIPS (YieldMax Short NVDA Option Income Strategy ETF) and ACYS (FT Vest Laddered Autocallable Barrier & Resilient Income ETF) are both Derivative Income funds. Both are actively managed. At a correlation of -0.13, they often move in opposite directions. DIPS charges 0.99%/yr vs 0.75%/yr for ACYS.

Performance

DIPS vs. ACYS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Short NVDA Option Income Strategy ETF (DIPS) and FT Vest Laddered Autocallable Barrier & Resilient Income ETF (ACYS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DIPS

• 1D: 2.53%
• 1M: 0.13%
• 6M: -7.82%
• YTD: -6.21%
• 1Y: -10.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ACYS

• 1D: -0.05%
• 1M: 0.51%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DIPS vs. ACYS - Yearly Performance Comparison

	2026 (YTD)
DIPS YieldMax Short NVDA Option Income Strategy ETF	-1.38%
ACYS FT Vest Laddered Autocallable Barrier & Resilient Income ETF	2.15%

Correlation

The correlation between DIPS and ACYS is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 23, 2026	-0.13

Return for Risk

DIPS vs. ACYS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DIPS

DIPS Risk / Return Rank: 6
DIPS Sharpe Ratio Rank: 6
DIPS Sortino Ratio Rank: 6
DIPS Omega Ratio Rank: 6
DIPS Calmar Ratio Rank: 6
DIPS Martin Ratio Rank: 4

ACYS

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

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DIPS vs. ACYS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Short NVDA Option Income Strategy ETF (DIPS) and FT Vest Laddered Autocallable Barrier & Resilient Income ETF (ACYS). 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.

	DIPS	ACYS	Difference
Sharpe ratio: Return per unit of total volatility	-0.38	—	—
Sortino ratio: Return per unit of downside risk	-0.35	—	—
Omega ratio: Gain probability vs. loss probability	0.96	—	—
Calmar ratio: Return relative to maximum drawdown	-0.42	—	—
Martin ratio: Return relative to average drawdown	-1.07	—	—

Drawdowns

DIPS vs. ACYS - Drawdown Comparison

The maximum DIPS drawdown since its inception was -59.93%, which is greater than ACYS's maximum drawdown of -0.63%. Use the drawdown chart below to compare losses from any high point for DIPS and ACYS.

Drawdown Indicators

	DIPS	ACYS	Difference
Max Drawdown Largest peak-to-trough decline	-59.93%	-0.63%	-59.30%
Max Drawdown (1Y) Largest decline over 1 year	-26.20%	—	—
Current Drawdown Current decline from peak	-54.63%	-0.10%	-54.53%
Average Drawdown Average peak-to-trough decline	-39.07%	-0.14%	-38.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.28%	—	—

Volatility

Volatility by Period

	DIPS	ACYS	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.18%	—	—
Volatility (6M) Calculated over the trailing 6-month period	22.50%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	28.86%	3.38%	+25.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.71%	3.38%	+34.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.71%	3.38%	+34.33%

DIPS vs. ACYS - Expense Ratio Comparison

DIPS has a 0.99% expense ratio, which is higher than ACYS's 0.75% expense ratio.

Dividends

DIPS vs. ACYS - Dividend Comparison

DIPS's dividend yield for the trailing twelve months is around 67.74%, more than ACYS's 0.60% yield.

Position	TTM	2025	2024
ACYS FT Vest Laddered Autocallable Barrier & Resilient Income ETF	0.60%	0.00%	0.00%
DIPS YieldMax Short NVDA Option Income Strategy ETF	67.74%	96.20%	24.18%

Frequently Asked Questions

Can I hold both DIPS and ACYS in my portfolio?

DIPS and ACYS have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DIPS or ACYS?

On fees, ACYS is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DIPS or ACYS?

ACYS is cheaper with a 0.75% expense ratio, compared with 0.99% for DIPS.

Which ETF pays a higher dividend yield, DIPS or ACYS?

DIPS has the higher dividend yield at 67.74%, compared with 0.60% for ACYS.

What is the main difference between DIPS and ACYS?

They also come from different issuers: YieldMax and First Trust. Their fees differ too: 0.99% for DIPS and 0.75% for ACYS.