Academy Award vs accolade

Academy Award and accolade both are nouns.

Word	Noun	Adjective	Verb	Adverb
Academy Award	Yes	No	No	No
accolade	Yes	No	No	No

As nouns, accolade is a hypernym of Academy Award; that is, accolade is a word with a broader meaning than Academy Award:

Academy Award: an annual award by the Academy of Motion Picture Arts and Sciences for achievements in motion picture production and performance
accolade: a tangible symbol signifying approval or distinction

Other hypernyms of Academy Award include award, honor, honour, laurels.

Academy Award (noun)	accolade (noun)
an annual award by the Academy of Motion Picture Arts and Sciences for achievements in motion picture production and performance	a tangible symbol signifying approval or distinction