ETF Evaluator:
FT Vest Laddered Aut Buf & Res Inc ETF ()
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(as of )
Best Performing in Defined Outcome Over the Last Year
| 18.9% | Innovator Growth-100 Acltd Ps ETF™ April (QTAP) |
| 17.0% | Innovator US Equity Acltd Pls ETF™ April (XTAP) |
| 16.2% | FT Vest Nasdaq-100 Buffer ETF – Mar (QMAR) |
| 16.1% | FT Vest U.S. Eq Mod Buffr ETF - Nov (GNOV) |
| 15.6% | Innovator U.S. Equity Buffer ETF™ - Apr (BAPR) |
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ETF Details
FT Vest Laddered Aut Buf & Res Inc ETF Overview
FT Vest Laddered Aut Buf & Res Inc ETF (ACYB) is an actively managed Nontraditional Equity Defined Outcome exchange-traded fund (ETF). First Trust launched the ETF in 2026.
The investment seeks to provide investors with distributions while providing reduced downside risk to equity markets.
Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in financial instruments, such as swaps, that provide exposure to Synthetic Autocallable Contracts, and/or other income-producing investments. It is non-diversified.
About FT Vest Laddered Aut Buf & Res Inc ETF (ACYB)
There are 2 members of the management team with an average tenure of 0.07 years: Karan Sood (2026) and Trevor Lack (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.
FT Vest Laddered Aut Buf & Res Inc ETF has securities in its portfolio. The top 10 holdings constitute 0.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
FT Vest Laddered Aut Buf & Res Inc ETF is part of the Equity global asset class and is within the Nontraditional Equity ETF group. FT Vest Laddered Aut Buf & Res Inc ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). FT Vest Laddered Aut Buf & Res Inc ETF has 0.0% of the portfolio in cash.
Assets Under Management
The fund has $3 million in total assets, which is below the $182 million average for the Defined Outcome category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
ACYB Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The FT Vest Laddered Aut Buf & Res Inc ETF expense ratio is above average compared to funds in the Defined Outcome category. FT Vest Laddered Aut Buf & Res Inc ETF has an expense ratio of 0.75%, which is 6% higher than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. FT Vest Laddered Aut Buf & Res Inc ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 6% for the Defined Outcome category.
Recently, in the month of October 2026, FT Vest Laddered Aut Buf & Res Inc ETF returned 0.0%, which earned it a grade of NA, as the Defined Outcome category had an average return of -0.5%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
FT Vest Laddered Aut Buf & Res Inc ETF has a trailing yield of 0.00%, which is below the 0.38% category average.
The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
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ACYB Trailing NAV Total Returns Data as of 10/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| ACYB Return (NAV) | na | na | na | na | na | na |
| ACYB Return (Price) | na | na | na | na | na | na |
| NAV +/- Price Return | na | na | na | na | na | na |
| Defined Outcome Avg | -0.5% | 1.1% | 8.3% | 13.8% | 8.4% | 8.8% |
| ACYB Grade (NAV) | na | na | na | na | na | na |
| +/- Category (NAV) | na | na | na | na | na | na |
| ACYB Tax-Cost Ratio | na | na | na | na | na | na |
ACYB Annual NAV Total ReturnsData as of 10/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| ACYB Return (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| ACYB Return (Price) | na | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | na | na | na | na | na | na | na | na | na | na | na |
| Defined Outcome Avg | 7.1% | 11.2% | 12.3% | 18.5% | -8.8% | 9.7% | 7.7% | 16.4% | -6.7% | 15.8% | na |
| ACYB Grade (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| +/- Category | na | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | -- |
| Total Assets: | $ 4 Mil |
| Share Class Assets: | $ 4 Mil |
| Turnover: | na |
| Expense Ratio: | 0.75% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 0.1 years | |||
| Average Tenure: 0.1 years | |||
| Managers (Year): Sood Karan (2026), Lack Trevor (2026) | |||
Portfolio Composition (as of )
| # of Holdings: | |
| % in Top 10 Holdings: | 0.0% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.0% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | First Trust |
| Phone Number: | 800-621-1675 |
| Website: | www.ftportfolios.com |
| Inception Date: | October 6, 2026 |
Expenses and Fees
| Expense Ratio (%): | 0.75% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.71% |
