MSR vs. ACYS

Last updated Jul 14, 2026

MSR (GraniteShares Autocallable MSTR ETF) and ACYS (FT Vest Laddered Autocallable Barrier & Resilient Income ETF) are both Derivative Income funds. Both are actively managed. At a 0.35 correlation, their price movements are largely independent. MSR charges 1.07%/yr vs 0.75%/yr for ACYS.

Performance

MSR vs. ACYS - Performance Comparison

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

Returns By Period

MSR

• 1D: -2.97%
• 1M: -27.68%
• 6M: —
• YTD: —
• 1Y: —
• 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)

MSR vs. ACYS - Yearly Performance Comparison

	2026 (YTD)
MSR GraniteShares Autocallable MSTR ETF	-43.38%
ACYS FT Vest Laddered Autocallable Barrier & Resilient Income ETF	1.10%

Correlation

The correlation between MSR and ACYS is 0.35, 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 May 12, 2026	0.35

Return for Risk

MSR vs. ACYS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares Autocallable MSTR ETF (MSR) 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.

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

Drawdowns

MSR vs. ACYS - Drawdown Comparison

The maximum MSR drawdown since its inception was -50.94%, which is greater than ACYS's maximum drawdown of -0.63%. Use the drawdown chart below to compare losses from any high point for MSR and ACYS.

Drawdown Indicators

	MSR	ACYS	Difference
Max Drawdown Largest peak-to-trough decline	-50.94%	-0.63%	-50.31%
Current Drawdown Current decline from peak	-45.17%	-0.24%	-44.93%
Average Drawdown Average peak-to-trough decline	-24.75%	-0.14%	-24.61%

Volatility

Volatility by Period

	MSR	ACYS	Difference
Volatility (1Y) Calculated over the trailing 1-year period	75.55%	3.45%	+72.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	75.55%	3.45%	+72.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	75.55%	3.45%	+72.10%

MSR vs. ACYS - Expense Ratio Comparison

MSR has a 1.07% expense ratio, which is higher than ACYS's 0.75% expense ratio.

Dividends

MSR vs. ACYS - Dividend Comparison

MSR's dividend yield for the trailing twelve months is around 5.42%, more than ACYS's 0.60% yield.

Position	TTM
ACYS FT Vest Laddered Autocallable Barrier & Resilient Income ETF	0.60%
MSR GraniteShares Autocallable MSTR ETF	5.42%

Frequently Asked Questions

Can I hold both MSR and ACYS in my portfolio?

MSR and ACYS have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MSR 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, MSR or ACYS?

ACYS is cheaper with a 0.75% expense ratio, compared with 1.07% for MSR.

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

MSR has the higher dividend yield at 5.42%, compared with 0.60% for ACYS.

What is the main difference between MSR and ACYS?

They also come from different issuers: GraniteShares and First Trust. Their fees differ too: 1.07% for MSR and 0.75% for ACYS.