AZYY vs. FTQI
AZYY (GraniteShares YieldBoost AMZN ETF) and FTQI (First Trust Nasdaq BuyWrite Income ETF) are both exchange-traded funds - AZYY is a Derivative Income fund actively managed by GraniteShares, while FTQI is a Nasdaq-100 fund tracking the NASDAQ-100 Index. AZYY is actively managed, while FTQI is passively managed. Their 0.56 correlation means they have sometimes moved together and sometimes differently. AZYY charges 1.07%/yr vs 0.75%/yr for FTQI.
Performance
AZYY vs. FTQI - Performance Comparison
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Returns By Period
In the year-to-date period, AZYY achieves a -8.64% return, which is significantly lower than FTQI's 11.44% return.
AZYY
- 1D
- 0.31%
- 1M
- -2.37%
- 6M
- -7.05%
- YTD
- -8.64%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
FTQI
- 1D
- 0.46%
- 1M
- -0.27%
- 6M
- 10.16%
- YTD
- 11.44%
- 1Y
- 23.81%
- 3Y*
- 15.86%
- 5Y*
- 11.76%
- 10Y*
- 7.96%
- ALL TIME*
- 6.96%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $38.28K | $34.29K | $41.33K | |
| $11.90M | $8.88M | $6.02M |
AZYY vs. FTQI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AZYY GraniteShares YieldBoost AMZN ETF | -8.64% | -5.56% |
FTQI First Trust Nasdaq BuyWrite Income ETF | 11.44% | 5.22% |
Correlation
The correlation between AZYY and FTQI is 0.56, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 16, 2025 | 0.56 |
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Return for Risk
AZYY vs. FTQI — Risk / Return Rank
AZYY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FTQI
AZYY vs. FTQI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBoost AMZN ETF (AZYY) and First Trust Nasdaq BuyWrite Income ETF (FTQI). 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.
| AZYY | FTQI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.37 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.63 | — |
| Martin ratioReturn relative to average drawdown | — | 16.41 | — |
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Drawdowns
AZYY vs. FTQI - Drawdown Comparison
The maximum AZYY drawdown since its inception was -23.12%, which is greater than FTQI's maximum drawdown of -19.42%. Use the drawdown chart below to compare losses from any high point for AZYY and FTQI.
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Drawdown Indicators
| AZYY | FTQI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.12% | -19.42% | -3.70% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.24% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.42% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.42% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -19.42% | — |
Current DrawdownCurrent decline from peak | -18.17% | -2.01% | -16.16% |
Average DrawdownAverage peak-to-trough decline | -12.82% | -3.72% | -9.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.38% | — |
Volatility
AZYY vs. FTQI - Volatility Comparison
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Volatility by Period
| AZYY | FTQI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.63% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 9.09% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.60% | 11.24% | +9.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.60% | 14.79% | +5.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.60% | 12.93% | +7.67% |
AZYY vs. FTQI - Expense Ratio Comparison
AZYY has a 1.07% expense ratio, which is higher than FTQI's 0.75% expense ratio.
Dividends
AZYY vs. FTQI - Dividend Comparison
AZYY's dividend yield for the trailing twelve months is around 53.96%, more than FTQI's 11.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AZYY GraniteShares YieldBoost AMZN ETF | 53.96% | 15.86% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FTQI First Trust Nasdaq BuyWrite Income ETF | 11.28% | 11.46% | 11.66% | 11.49% | 9.85% | 3.05% | 3.27% | 2.95% | 3.27% | 2.74% | 3.02% | 3.54% |
Frequently Asked Questions
AZYY and FTQI have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FTQI is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FTQI is cheaper with a 0.75% expense ratio, compared with 1.07% for AZYY.
AZYY has the higher dividend yield at 53.96%, compared with 11.28% for FTQI.
AZYY is categorized as Derivative Income, while FTQI is Nasdaq-100. They also come from different issuers: GraniteShares and First Trust. Their fees differ too: 1.07% for AZYY and 0.75% for FTQI.
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