TPAY vs. ACYS

Last updated Aug 2, 2026

TPAY (Roundhill S&P 500 Target 10 Managed Distribution ETF) and ACYS (FT Vest Laddered Autocallable Barrier & Resilient Income ETF) are both Derivative Income funds. Both are actively managed. Their 0.50 correlation means their historical movements had little consistent relationship. TPAY charges 0.49%/yr vs 0.75%/yr for ACYS.

Performance

TPAY vs. ACYS - Performance Comparison

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

Returns By Period

TPAY

• 1D: 0.86%
• 1M: 0.34%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

ACYS

• 1D: -0.15%
• 1M: 0.34%
• 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	$8.22M	$7.08M	$6.02M
TPAY Roundhill S&P 500 Target 10 Managed Distribution ETF	$8.91K	$63.35K	$52.42K

TPAY vs. ACYS - Yearly Performance Comparison

	2026 (YTD)
TPAY Roundhill S&P 500 Target 10 Managed Distribution ETF	5.21%
ACYS FT Vest Laddered Autocallable Barrier & Resilient Income ETF	2.35%

Correlation

The correlation between TPAY and ACYS is 0.50, 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	0.50

Return for Risk

TPAY vs. ACYS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill S&P 500 Target 10 Managed Distribution ETF (TPAY) 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

TPAY vs. ACYS - Drawdown Comparison

The maximum TPAY drawdown since its inception was -8.62%, which is greater than ACYS's maximum drawdown of -0.78%. Use the drawdown chart below to compare losses from any high point for TPAY and ACYS.

Drawdown Indicators

	TPAY	ACYS	Difference
Max Drawdown Largest peak-to-trough decline	-8.62%	-0.78%	-7.84%
Current Drawdown Current decline from peak	-1.44%	-0.15%	-1.29%
Average Drawdown Average peak-to-trough decline	-1.86%	-0.17%	-1.69%

Volatility

Volatility by Period

	TPAY	ACYS	Difference
Volatility (1Y) Calculated over the trailing 1-year period	14.25%	3.76%	+10.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.25%	3.76%	+10.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.25%	3.76%	+10.49%

TPAY vs. ACYS - Expense Ratio Comparison

TPAY has a 0.49% expense ratio, which is lower than ACYS's 0.75% expense ratio.

Dividends

TPAY vs. ACYS - Dividend Comparison

TPAY's dividend yield for the trailing twelve months is around 3.96%, more than ACYS's 0.60% yield.

Position	TTM
ACYS FT Vest Laddered Autocallable Barrier & Resilient Income ETF	0.60%
TPAY Roundhill S&P 500 Target 10 Managed Distribution ETF	3.96%

Frequently Asked Questions

Can I hold both TPAY and ACYS in my portfolio?

TPAY and ACYS have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TPAY or ACYS?

On fees, TPAY is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TPAY or ACYS?

TPAY is cheaper with a 0.49% expense ratio, compared with 0.75% for ACYS.

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

TPAY has the higher dividend yield at 3.96%, compared with 0.60% for ACYS.

What is the main difference between TPAY and ACYS?

They also come from different issuers: Roundhill and First Trust. Their fees differ too: 0.49% for TPAY and 0.75% for ACYS.