FGSI vs. ACYS

Last updated Jul 14, 2026

FGSI (First Trust Vest Growth Strength & Target Income ETF) and ACYS (FT Vest Laddered Autocallable Barrier & Resilient Income ETF) are both Derivative Income funds from First Trust. Both are actively managed. At a 0.21 correlation, their price movements are largely independent. FGSI charges 0.85%/yr vs 0.75%/yr for ACYS.

Performance

FGSI vs. ACYS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Vest Growth Strength & Target Income ETF (FGSI) and FT Vest Laddered Autocallable Barrier & Resilient Income ETF (ACYS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FGSI

• 1D: -0.48%
• 1M: 1.94%
• 6M: 3.70%
• YTD: 6.66%
• 1Y: 9.70%
• 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)

FGSI vs. ACYS - Yearly Performance Comparison

	2026 (YTD)
FGSI First Trust Vest Growth Strength & Target Income ETF	2.49%
ACYS FT Vest Laddered Autocallable Barrier & Resilient Income ETF	2.00%

Correlation

The correlation between FGSI and ACYS is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 23, 2026	0.21

Return for Risk

FGSI vs. ACYS — Risk / Return Rank

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

FGSI

FGSI Risk / Return Rank: 27
FGSI Sharpe Ratio Rank: 26
FGSI Sortino Ratio Rank: 25
FGSI Omega Ratio Rank: 24
FGSI Calmar Ratio Rank: 30
FGSI Martin Ratio Rank: 32

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.

FGSI vs. ACYS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Vest Growth Strength & Target Income ETF (FGSI) 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.

	FGSI	ACYS	Difference
Sharpe ratio: Return per unit of total volatility	0.77	—	—
Sortino ratio: Return per unit of downside risk	1.16	—	—
Omega ratio: Gain probability vs. loss probability	1.14	—	—
Calmar ratio: Return relative to maximum drawdown	1.18	—	—
Martin ratio: Return relative to average drawdown	3.79	—	—

Drawdowns

FGSI vs. ACYS - Drawdown Comparison

The maximum FGSI drawdown since its inception was -8.25%, which is greater than ACYS's maximum drawdown of -0.63%. Use the drawdown chart below to compare losses from any high point for FGSI and ACYS.

Drawdown Indicators

	FGSI	ACYS	Difference
Max Drawdown Largest peak-to-trough decline	-8.25%	-0.63%	-7.62%
Max Drawdown (1Y) Largest decline over 1 year	-8.25%	—	—
Current Drawdown Current decline from peak	-0.99%	-0.24%	-0.75%
Average Drawdown Average peak-to-trough decline	-1.89%	-0.14%	-1.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.56%	—	—

Volatility

Volatility by Period

	FGSI	ACYS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.63%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.12%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.61%	3.45%	+9.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.47%	3.45%	+9.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.47%	3.45%	+9.02%

FGSI vs. ACYS - Expense Ratio Comparison

FGSI has a 0.85% expense ratio, which is higher than ACYS's 0.75% expense ratio.

Dividends

FGSI vs. ACYS - Dividend Comparison

FGSI's dividend yield for the trailing twelve months is around 8.19%, more than ACYS's 0.60% yield.

Position	TTM	2025
ACYS FT Vest Laddered Autocallable Barrier & Resilient Income ETF	0.60%	0.00%
FGSI First Trust Vest Growth Strength & Target Income ETF	8.19%	4.20%

Frequently Asked Questions

Can I hold both FGSI and ACYS in my portfolio?

FGSI and ACYS have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FGSI 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, FGSI or ACYS?

ACYS is cheaper with a 0.75% expense ratio, compared with 0.85% for FGSI.

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

FGSI has the higher dividend yield at 8.19%, compared with 0.60% for ACYS.

What is the main difference between FGSI and ACYS?

Their fees differ too: 0.85% for FGSI and 0.75% for ACYS.