BTYB vs. HYTI

Last updated Jun 4, 2026

BTYB (VistaShares BitBonds 5 Yr Enhanced Weekly Distribution ETF) and HYTI (FT Vest High Yield & Target Income ETF) are both Derivative Income funds. Both are actively managed. A 0.58 correlation means they provide meaningful diversification when combined. BTYB charges 0.52%/yr vs 0.65%/yr for HYTI.

Performance

BTYB vs. HYTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VistaShares BitBonds 5 Yr Enhanced Weekly Distribution ETF (BTYB) and FT Vest High Yield & Target Income ETF (HYTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BTYB

• 1D: -0.59%
• 1M: -3.38%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HYTI

• 1D: -0.05%
• 1M: 0.60%
• YTD: 1.84%
• 6M: 2.45%
• 1Y: 7.25%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BTYB vs. HYTI - Yearly Performance Comparison

	2026 (YTD)
BTYB VistaShares BitBonds 5 Yr Enhanced Weekly Distribution ETF	-2.35%
HYTI FT Vest High Yield & Target Income ETF	1.04%

Correlation

The correlation between BTYB and HYTI is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 4, 2026	0.58

Return for Risk

BTYB vs. HYTI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HYTI

HYTI Risk / Return Rank: 62
HYTI Sharpe Ratio Rank: 57
HYTI Sortino Ratio Rank: 62
HYTI Omega Ratio Rank: 61
HYTI Calmar Ratio Rank: 62
HYTI Martin Ratio Rank: 70

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BTYB vs. HYTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VistaShares BitBonds 5 Yr Enhanced Weekly Distribution ETF (BTYB) and FT Vest High Yield & Target Income ETF (HYTI). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BTYB	HYTI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.90	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.81	1.32	-2.13

Drawdowns

BTYB vs. HYTI - Drawdown Comparison

The maximum BTYB drawdown since its inception was -3.99%, smaller than the maximum HYTI drawdown of -4.47%. Use the drawdown chart below to compare losses from any high point for BTYB and HYTI.

Drawdown Indicators

	BTYB	HYTI	Difference
Max Drawdown Largest peak-to-trough decline	-3.99%	-4.47%	+0.48%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.38%	—
Current Drawdown Current decline from peak	-3.99%	-0.05%	-3.94%
Average Drawdown Average peak-to-trough decline	-0.98%	-0.46%	-0.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.56%	—

Volatility

Volatility by Period

	BTYB	HYTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.14%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.02%	—
Volatility (1Y) Calculated over the trailing 1-year period	8.71%	3.83%	+4.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.71%	5.22%	+3.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.71%	5.22%	+3.49%

BTYB vs. HYTI - Expense Ratio Comparison

BTYB has a 0.52% expense ratio, which is lower than HYTI's 0.65% expense ratio.

Dividends

BTYB vs. HYTI - Dividend Comparison

BTYB's dividend yield for the trailing twelve months is around 2.70%, less than HYTI's 10.40% yield.

Position	TTM	2025
BTYB VistaShares BitBonds 5 Yr Enhanced Weekly Distribution ETF	2.70%	0.00%
HYTI FT Vest High Yield & Target Income ETF	10.40%	8.10%

Frequently Asked Questions

Can I hold both BTYB and HYTI in my portfolio?

BTYB and HYTI have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BTYB or HYTI?

On fees, BTYB is cheaper at 0.52% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BTYB or HYTI?

BTYB is cheaper with a 0.52% expense ratio, compared with 0.65% for HYTI.

Which ETF pays a higher dividend yield, BTYB or HYTI?

HYTI has the higher dividend yield at 10.40%, compared with 2.70% for BTYB.

What is the main difference between BTYB and HYTI?

They also come from different issuers: VistaShares and FT Vest. Their fees differ too: 0.52% for BTYB and 0.65% for HYTI.