FT Vest High Yield & Target Income ETF (HYTI) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HYTI. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HYTI
HYTI charges 0.65% annually. There are 59 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Equity Plus ETF | 0.10% | 26.81M | Nov 2024 | HYTI vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 286.86M | Mar 2024 | HYTI vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 46.47M | Sep 2024 | HYTI vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 185.18M | Apr 2024 | HYTI vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | 728.71M | Jul 2024 | HYTI vs QQA |
Best Risk-Adjusted Alternatives to HYTI
HYTI has a PortfoliosLab risk / return rank of 57. There are 56 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | 95 | 1.13B | Apr 2025 | HYTI vs CHPY | |
| YieldMax GOOGL Option Income Strategy ETF | 93 | 295.04M | Jul 2023 | HYTI vs GOOY | |
| SoFi Enhanced Yield ETF | 93 | 34.73M | Nov 2023 | HYTI vs THTA | |
| Kurv Yield Premium Strategy Google ETF | 88 | 22.71M | Oct 2023 | HYTI vs GOOP | |
| Simplify Treasury Option Income ETF | 86 | 438.34M | Oct 2022 | HYTI vs BUCK |
Top Performing HYTI Alternatives (YTD)
HYTI is at 1.24% YTD. There are 141 ETFs in the Derivative Income category with higher YTD returns, going as high as 272.94%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 272.94% | 21.13M | Oct 2025 | HYTI vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 144.27% | 95.98M | Jul 2025 | HYTI vs AMDW | |
| YieldMax Semiconductor Portfolio Option Income ETF | 65.44% | 1.13B | Apr 2025 | HYTI vs CHPY | |
| Defiance Oil Enhanced Options Income ETF | 56.61% | 62.15M | May 2024 | HYTI vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 47.14% | 89.05M | Oct 2023 | HYTI vs MRNY |
Lowest Volatility Alternatives to HYTI
HYTI has 3.87% 1-year volatility. There are 2 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dividend Performers ETF | 0.00% | 20.88M | Dec 2018 | HYTI vs IPDP | |
| Simplify Treasury Option Income ETF | 3.10% | 438.34M | Oct 2022 | HYTI vs BUCK | |
| Main Buywrite ETF | 4.88% | 1.22B | Dec 2015 | HYTI vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.15% | 286.71M | Feb 2025 | HYTI vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 5.41% | 49.57M | Aug 2021 | HYTI vs XRMI |
Lowest Drawdown Alternatives to HYTI
HYTI has a 1-year max drawdown of -2.38%. There is 1 ETF in the Derivative Income category with a shallower 1-year drawdown, going as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -1.31% | 438.34M | Oct 2022 | HYTI vs BUCK | |
| Main Buywrite ETF | -2.59% | 1.22B | Dec 2015 | HYTI vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | HYTI vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | HYTI vs OMAH | |
| Day Hagan Smart Buffer ETF | -3.32% | 39.66M | Feb 2025 | HYTI vs DHSB |
Other ETFs from FT Vest
The 10 most viewed FT Vest ETFs shown here include BGLD, RDVI, BUFQ and span 6 categories. AUM among these funds goes as high as $3B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| FT Vest Gold Strategy Quarterly Buffer ETF | Defined Outcome, Gold | 26 | -1.29% | 49.80M | Jan 2021 | HYTI vs BGLD | |
| FT Cboe Vest Rising Dividend Achievers Target Inco... | Derivative Income | 59 | 8.72% | 3.20B | Oct 2022 | HYTI vs RDVI | |
| FT Vest Laddered Nasdaq Buffer ETF | Nasdaq-100, Options Trading | 83 | 8.12% | 1.45B | Jun 2022 | HYTI vs BUFQ | |
| FT Vest U.S. Equity Buffer ETF - October | Defined Outcome | 80 | 5.71% | 1.20B | Oct 2020 | HYTI vs FOCT | |
| FT Vest Laddered Deep Buffer ETF | Defined Outcome | 88 | 4.43% | 1.87B | Jan 2021 | HYTI vs BUFD | |
| FT Cboe Vest U.S. Equity Buffer ETF - September | Options Trading | 76 | 5.73% | 1.27B | Sep 2020 | HYTI vs FSEP | |
| FT Vest Dow Jones Internet & Target Income ETF | Technology Equities | 11 | -0.37% | — | Mar 2024 | HYTI vs FDND | |
| FT Vest DJIA Dogs 10 Target Income ETF | Derivative Income | 50 | 6.91% | 72.58M | Apr 2023 | HYTI vs DOGG | |
| FT Vest U.S. Equity Deep Buffer ETF - December | Defined Outcome | 85 | 4.10% | 422.71M | Dec 2020 | HYTI vs DDEC | |
| FT Vest U.S. Equity Buffer ETF - February | Defined Outcome | 83 | 6.72% | 1.34B | Feb 2020 | HYTI vs FFEB |
Often Compared With HYTI
Investors most often compare HYTI with COII, SPYT, KHPI. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare HYTI with Any Fund or Stock
Compare HYTI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HYTI with funds that move differently
FT Vest High Yield & Target Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HYTI.
Explore HYTI Diversifiers