DIVP vs. ACYS

Last updated Jul 14, 2026

DIVP (Cullen Enhanced Equity Income ETF) and ACYS (FT Vest Laddered Autocallable Barrier & Resilient Income ETF) are both Derivative Income funds. Both are actively managed. At a correlation of -0.12, they often move in opposite directions. DIVP charges 0.55%/yr vs 0.75%/yr for ACYS.

Performance

DIVP vs. ACYS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cullen Enhanced Equity Income ETF (DIVP) and FT Vest Laddered Autocallable Barrier & Resilient Income ETF (ACYS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DIVP

• 1D: 0.41%
• 1M: 1.31%
• 6M: 9.54%
• YTD: 11.30%
• 1Y: 13.40%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ACYS

• 1D: 0.20%
• 1M: 0.70%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DIVP vs. ACYS - Yearly Performance Comparison

	2026 (YTD)
DIVP Cullen Enhanced Equity Income ETF	5.59%
ACYS FT Vest Laddered Autocallable Barrier & Resilient Income ETF	2.00%

Correlation

The correlation between DIVP and ACYS is -0.12, 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	-0.12

Return for Risk

DIVP vs. ACYS — Risk / Return Rank

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

DIVP

DIVP Risk / Return Rank: 47
DIVP Sharpe Ratio Rank: 47
DIVP Sortino Ratio Rank: 48
DIVP Omega Ratio Rank: 43
DIVP Calmar Ratio Rank: 54
DIVP Martin Ratio Rank: 41

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.

DIVP vs. ACYS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cullen Enhanced Equity Income ETF (DIVP) 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.

	DIVP	ACYS	Difference
Sharpe ratio: Return per unit of total volatility	1.31	—	—
Sortino ratio: Return per unit of downside risk	1.95	—	—
Omega ratio: Gain probability vs. loss probability	1.22	—	—
Calmar ratio: Return relative to maximum drawdown	2.14	—	—
Martin ratio: Return relative to average drawdown	5.21	—	—

Drawdowns

DIVP vs. ACYS - Drawdown Comparison

The maximum DIVP drawdown since its inception was -12.26%, which is greater than ACYS's maximum drawdown of -0.63%. Use the drawdown chart below to compare losses from any high point for DIVP and ACYS.

Drawdown Indicators

	DIVP	ACYS	Difference
Max Drawdown Largest peak-to-trough decline	-12.26%	-0.63%	-11.63%
Max Drawdown (1Y) Largest decline over 1 year	-6.28%	—	—
Current Drawdown Current decline from peak	-0.37%	-0.24%	-0.13%
Average Drawdown Average peak-to-trough decline	-2.36%	-0.14%	-2.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.58%	—	—

Volatility

Volatility by Period

	DIVP	ACYS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.50%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.20%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.27%	3.45%	+6.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.75%	3.45%	+8.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.75%	3.45%	+8.30%

DIVP vs. ACYS - Expense Ratio Comparison

DIVP has a 0.55% expense ratio, which is lower than ACYS's 0.75% expense ratio.

Dividends

DIVP vs. ACYS - Dividend Comparison

DIVP's dividend yield for the trailing twelve months is around 5.88%, 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%
DIVP Cullen Enhanced Equity Income ETF	5.88%	6.06%	5.92%

Frequently Asked Questions

Can I hold both DIVP and ACYS in my portfolio?

DIVP and ACYS have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DIVP or ACYS?

On fees, DIVP is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DIVP or ACYS?

DIVP is cheaper with a 0.55% expense ratio, compared with 0.75% for ACYS.

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

DIVP has the higher dividend yield at 5.88%, compared with 0.60% for ACYS.

What is the main difference between DIVP and ACYS?

They also come from different issuers: Cullen and First Trust. Their fees differ too: 0.55% for DIVP and 0.75% for ACYS.