IVVW vs. ACYS

Last updated Aug 4, 2026

IVVW (iShares S&P 500 BuyWrite ETF) and ACYS (FT Vest Laddered Autocallable Barrier & Resilient Income ETF) are both Derivative Income funds. IVVW is passively managed, while ACYS is actively managed. Their 0.38 correlation means their historical movements had little consistent relationship. IVVW charges 0.25%/yr vs 0.75%/yr for ACYS.

Performance

IVVW vs. ACYS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares S&P 500 BuyWrite ETF (IVVW) and FT Vest Laddered Autocallable Barrier & Resilient Income ETF (ACYS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IVVW

• 1D: 1.03%
• 1M: 2.36%
• 6M: 6.69%
• YTD: 8.19%
• 1Y: 19.78%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.86%

ACYS

• 1D: 0.27%
• 1M: 0.62%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*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)
ACYS FT Vest Laddered Autocallable Barrier & Resilient Income ETF	$8.16M	$7.21M	$6.15M
IVVW iShares S&P 500 BuyWrite ETF	$2.08M	$2.12M	$2.68M

IVVW vs. ACYS - Yearly Performance Comparison

	2026 (YTD)
IVVW iShares S&P 500 BuyWrite ETF	6.00%
ACYS FT Vest Laddered Autocallable Barrier & Resilient Income ETF	2.63%

Correlation

The correlation between IVVW and ACYS is 0.38, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 23, 2026	0.38

Return for Risk

IVVW vs. ACYS — Risk / Return Rank

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

IVVW

IVVW Risk / Return Rank: 91
IVVW Sharpe Ratio Rank: 91
IVVW Sortino Ratio Rank: 90
IVVW Omega Ratio Rank: 93
IVVW Calmar Ratio Rank: 86
IVVW Martin Ratio Rank: 93

ACYS

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

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.

IVVW vs. ACYS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 BuyWrite ETF (IVVW) 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.

	IVVW	ACYS	Difference
Sharpe ratio: Return per unit of total volatility	2.32	—	—
Sortino ratio: Return per unit of downside risk	3.20	—	—
Omega ratio: Gain probability vs. loss probability	1.49	—	—
Calmar ratio: Return relative to maximum drawdown	3.42	—	—
Martin ratio: Return relative to average drawdown	17.74	—	—

Drawdowns

IVVW vs. ACYS - Drawdown Comparison

The maximum IVVW drawdown since its inception was -16.79%, which is greater than ACYS's maximum drawdown of -0.78%. Use the drawdown chart below to compare losses from any high point for IVVW and ACYS.

Drawdown Indicators

	IVVW	ACYS	Difference
Max Drawdown Largest peak-to-trough decline	-16.79%	-0.78%	-16.01%
Max Drawdown (1Y) Largest decline over 1 year	-5.81%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-1.68%	-0.16%	-1.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.12%	—	—

Volatility

Volatility by Period

	IVVW	ACYS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.05%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.34%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.58%	3.76%	+4.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.57%	3.76%	+8.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.57%	3.76%	+8.81%

IVVW vs. ACYS - Expense Ratio Comparison

IVVW has a 0.25% expense ratio, which is lower than ACYS's 0.75% expense ratio.

Dividends

IVVW vs. ACYS - Dividend Comparison

IVVW's dividend yield for the trailing twelve months is around 18.82%, more than ACYS's 1.27% yield.

Position	TTM	2025	2024
ACYS FT Vest Laddered Autocallable Barrier & Resilient Income ETF	1.27%	0.00%	0.00%
IVVW iShares S&P 500 BuyWrite ETF	18.82%	18.55%	13.72%

Frequently Asked Questions

Can I hold both IVVW and ACYS in my portfolio?

IVVW and ACYS have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IVVW or ACYS?

On fees, IVVW is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IVVW or ACYS?

IVVW is cheaper with a 0.25% expense ratio, compared with 0.75% for ACYS.

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

IVVW has the higher dividend yield at 18.82%, compared with 1.27% for ACYS.

What is the main difference between IVVW and ACYS?

They also come from different issuers: iShares and First Trust. Their fees differ too: 0.25% for IVVW and 0.75% for ACYS.