TDVI vs. ACYS

Last updated Jul 15, 2026

TDVI (FT Vest Technology Dividend 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 0.37 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

TDVI vs. ACYS - Performance Comparison

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

Returns By Period

TDVI

• 1D: -2.05%
• 1M: -5.09%
• 6M: 12.02%
• YTD: 14.80%
• 1Y: 22.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ACYS

• 1D: 0.20%
• 1M: 0.90%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TDVI vs. ACYS - Yearly Performance Comparison

	2026 (YTD)
TDVI FT Vest Technology Dividend Target Income ETF	3.71%
ACYS FT Vest Laddered Autocallable Barrier & Resilient Income ETF	2.20%

Correlation

The correlation between TDVI and ACYS is 0.37, 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	0.37

Return for Risk

TDVI vs. ACYS — Risk / Return Rank

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

TDVI

TDVI Risk / Return Rank: 39
TDVI Sharpe Ratio Rank: 39
TDVI Sortino Ratio Rank: 37
TDVI Omega Ratio Rank: 37
TDVI Calmar Ratio Rank: 40
TDVI Martin Ratio Rank: 39

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.

TDVI vs. ACYS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Technology Dividend Target Income ETF (TDVI) 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.

	TDVI	ACYS	Difference
Sharpe ratio: Return per unit of total volatility	1.14	—	—
Sortino ratio: Return per unit of downside risk	1.61	—	—
Omega ratio: Gain probability vs. loss probability	1.21	—	—
Calmar ratio: Return relative to maximum drawdown	1.68	—	—
Martin ratio: Return relative to average drawdown	4.92	—	—

Drawdowns

TDVI vs. ACYS - Drawdown Comparison

The maximum TDVI drawdown since its inception was -22.08%, which is greater than ACYS's maximum drawdown of -0.63%. Use the drawdown chart below to compare losses from any high point for TDVI and ACYS.

Drawdown Indicators

	TDVI	ACYS	Difference
Max Drawdown Largest peak-to-trough decline	-22.08%	-0.63%	-21.45%
Max Drawdown (1Y) Largest decline over 1 year	-13.36%	—	—
Current Drawdown Current decline from peak	-13.36%	-0.05%	-13.31%
Average Drawdown Average peak-to-trough decline	-3.25%	-0.14%	-3.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.55%	—	—

Volatility

Volatility by Period

	TDVI	ACYS	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.48%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.70%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.65%	3.44%	+16.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.08%	3.44%	+16.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.08%	3.44%	+16.64%

TDVI vs. ACYS - Expense Ratio Comparison

Both TDVI and ACYS have an expense ratio of 0.75%.

Dividends

TDVI vs. ACYS - Dividend Comparison

TDVI's dividend yield for the trailing twelve months is around 7.46%, more than ACYS's 0.60% yield.

Position	TTM	2025	2024	2023
ACYS FT Vest Laddered Autocallable Barrier & Resilient Income ETF	0.60%	0.00%	0.00%	0.00%
TDVI FT Vest Technology Dividend Target Income ETF	7.46%	7.53%	7.90%	3.04%

Frequently Asked Questions

Can I hold both TDVI and ACYS in my portfolio?

TDVI and ACYS have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TDVI or ACYS?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TDVI or ACYS?

TDVI and ACYS have the same expense ratio: 0.75% per year.

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

TDVI has the higher dividend yield at 7.46%, compared with 0.60% for ACYS.