FT Vest Investment Grade & Target Income ETF (LQTI) 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 LQTI. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LQTI
LQTI charges 0.65% annually. There are 64 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% | 29.28M | Nov 2024 | LQTI vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 45.73M | Sep 2024 | LQTI vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 324.77M | Mar 2024 | LQTI vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | LQTI vs FYEE | |
| Global X Treasury Bond Enhanced Income ETF | 0.29% | — | Jul 2025 | LQTI vs TLTX |
Best Risk-Adjusted Alternatives to LQTI
LQTI has a PortfoliosLab risk / return rank of 28. There are 101 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 96 | 474.96M | Oct 2022 | LQTI vs BUCK | |
| SoFi Enhanced Yield ETF | 96 | 34.73M | Nov 2023 | LQTI vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 94 | 246.95M | Jul 2023 | LQTI vs GOOY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 94 | 1.16B | Apr 2025 | LQTI vs CHPY | |
| First Trust Nasdaq BuyWrite Income ETF | 92 | 938.31M | Jan 2014 | LQTI vs FTQI |
Top Performing LQTI Alternatives (YTD)
LQTI is at -0.24% YTD. There are 163 ETFs in the Derivative Income category with higher YTD returns, going as high as 182.49%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 182.49% | 27.86M | Oct 2025 | LQTI vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 181.24% | 116.76M | Jul 2025 | LQTI vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 107.90% | 443.39M | Sep 2023 | LQTI vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 93.46% | 127.56M | Oct 2023 | LQTI vs MRNY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 70.62% | 1.16B | Apr 2025 | LQTI vs CHPY |
Lowest Volatility Alternatives to LQTI
LQTI has 5.15% 1-year volatility. There are 5 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.80%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.80% | 474.96M | Oct 2022 | LQTI vs BUCK | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.41% | 206.17M | Apr 2026 | LQTI vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.86% | 88.48M | Feb 2025 | LQTI vs HYTI | |
| Main Buywrite ETF | 4.85% | 1.26B | Dec 2015 | LQTI vs BUYW | |
| GraniteShares YieldBOOST 20Y+ Treasuries ETF | 5.00% | 726.94K | May 2026 | LQTI vs FIYY |
Lowest Drawdown Alternatives to LQTI
LQTI has a 1-year max drawdown of -3.41%. There are 6 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -0.84% | 474.96M | Oct 2022 | LQTI vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 88.48M | Feb 2025 | LQTI vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.26B | Dec 2015 | LQTI vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | LQTI vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | LQTI vs OMAH |
Other ETFs from FT Vest
The 10 most viewed FT Vest ETFs shown here include RDVI, BGLD, BUFQ and span 7 categories. AUM among these funds goes as high as $3B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| FT Cboe Vest Rising Dividend Achievers Target Inco... | Derivative Income | 82 | 15.38% | 3.49B | Oct 2022 | LQTI vs RDVI | |
| FT Vest Gold Strategy Quarterly Buffer ETF | Defined Outcome, Gold, Precious Metals | 20 | -4.15% | 51.07M | Jan 2021 | LQTI vs BGLD | |
| FT Vest Laddered Nasdaq Buffer ETF | Nasdaq-100, Options Trading | 82 | 9.12% | 1.52B | Jun 2022 | LQTI vs BUFQ | |
| FT Vest Laddered Deep Buffer ETF | Defined Outcome | 90 | 5.91% | 1.93B | Jan 2021 | LQTI vs BUFD | |
| FT Vest U.S. Equity Buffer ETF - October | Defined Outcome | 84 | 7.70% | 1.16B | Oct 2020 | LQTI vs FOCT | |
| FT Cboe Vest U.S. Equity Buffer ETF - September | Options Trading | 79 | 7.74% | 1.22B | Sep 2020 | LQTI vs FSEP | |
| FT Vest Dow Jones Internet & Target Income ETF | Technology Equities | 10 | 1.58% | — | Mar 2024 | LQTI vs FDND | |
| FT Vest DJIA Dogs 10 Target Income ETF | Derivative Income | 56 | 8.25% | 77.70M | Apr 2023 | LQTI vs DOGG | |
| FT Vest U.S. Equity Buffer ETF - February | Defined Outcome | 86 | 8.55% | 1.38B | Feb 2020 | LQTI vs FFEB | |
| FT Vest U.S. Equity Deep Buffer ETF - December | Defined Outcome | 88 | 5.80% | 429.01M | Dec 2020 | LQTI vs DDEC |
Often Compared With LQTI
Investors most often compare LQTI with SPYI, QQQI, ULTY. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare LQTI with Any Fund or Stock
Compare LQTI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LQTI with funds that move differently
FT Vest Investment Grade & Target Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LQTI.
Explore LQTI Diversifiers