DOGG vs. FTQI

Last updated Jul 17, 2026

DOGG (FT Vest DJIA Dogs 10 Target Income ETF) and FTQI (First Trust Nasdaq BuyWrite Income ETF) are both exchange-traded funds - DOGG is a Derivative Income fund actively managed by FT Vest, while FTQI is a Nasdaq-100 fund tracking the NASDAQ-100 Index. DOGG is actively managed, while FTQI is passively managed. Over the past 3 years, DOGG returned 13.52%/yr vs 16.62%/yr for FTQI. At a 0.25 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

DOGG vs. FTQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest DJIA Dogs 10 Target Income ETF (DOGG) and First Trust Nasdaq BuyWrite Income ETF (FTQI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DOGG achieves a 10.97% return, which is significantly lower than FTQI's 12.76% return.

DOGG

• 1D: 2.51%
• 1M: 2.04%
• 6M: 9.08%
• YTD: 10.97%
• 1Y: 20.53%
• 3Y*: 13.52%
• 5Y*: —
• 10Y*: —

FTQI

• 1D: -0.72%
• 1M: 1.28%
• 6M: 11.68%
• YTD: 12.76%
• 1Y: 26.34%
• 3Y*: 16.62%
• 5Y*: 12.26%
• 10Y*: 7.85%

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

DOGG vs. FTQI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DOGG FT Vest DJIA Dogs 10 Target Income ETF	10.97%	19.43%	-2.58%	12.74%
FTQI First Trust Nasdaq BuyWrite Income ETF	12.76%	12.68%	18.30%	12.10%

Correlation

The correlation between DOGG and FTQI is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (All Time) Calculated using the full available price history since Apr 27, 2023	0.25

The correlation between DOGG and FTQI shifts across timeframes, from -0.02 (1 year) to 0.25 (all time), reflecting how their relationship changes across market environments.

Return for Risk

DOGG vs. FTQI — Risk / Return Rank

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

DOGG

DOGG Risk / Return Rank: 63
DOGG Sharpe Ratio Rank: 72
DOGG Sortino Ratio Rank: 75
DOGG Omega Ratio Rank: 68
DOGG Calmar Ratio Rank: 62
DOGG Martin Ratio Rank: 41

FTQI

FTQI Risk / Return Rank: 91
FTQI Sharpe Ratio Rank: 90
FTQI Sortino Ratio Rank: 89
FTQI Omega Ratio Rank: 90
FTQI Calmar Ratio Rank: 89
FTQI Martin Ratio Rank: 94

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.

DOGG vs. FTQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest DJIA Dogs 10 Target Income ETF (DOGG) 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.

	DOGG	FTQI	Difference
Sharpe ratio: Return per unit of total volatility	1.83	2.43	-0.60
Sortino ratio: Return per unit of downside risk	2.67	3.37	-0.70
Omega ratio: Gain probability vs. loss probability	1.32	1.45	-0.13
Calmar ratio: Return relative to maximum drawdown	2.49	4.24	-1.75
Martin ratio: Return relative to average drawdown	5.29	20.07	-14.78

DOGG vs. FTQI - Sharpe Ratio Comparison

The current DOGG Sharpe Ratio is 1.83, which is comparable to the FTQI Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of DOGG and FTQI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DOGG vs. FTQI - Drawdown Comparison

The maximum DOGG drawdown since its inception was -11.19%, smaller than the maximum FTQI drawdown of -19.42%. Use the drawdown chart below to compare losses from any high point for DOGG and FTQI.

Drawdown Indicators

	DOGG	FTQI	Difference
Max Drawdown Largest peak-to-trough decline	-11.19%	-19.42%	+8.23%
Max Drawdown (1Y) Largest decline over 1 year	-8.29%	-6.24%	-2.05%
Max Drawdown (3Y) Largest decline over 3 years	-11.19%	-19.42%	+8.23%
Max Drawdown (5Y) Largest decline over 5 years	—	-19.42%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-19.42%	—
Current Drawdown Current decline from peak	-2.46%	-0.85%	-1.61%
Average Drawdown Average peak-to-trough decline	-3.27%	-3.73%	+0.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.89%	1.32%	+2.57%

Volatility

DOGG vs. FTQI - Volatility Comparison

FT Vest DJIA Dogs 10 Target Income ETF (DOGG) has a higher volatility of 4.87% compared to First Trust Nasdaq BuyWrite Income ETF (FTQI) at 2.92%. This indicates that DOGG's price experiences larger fluctuations and is considered to be riskier than FTQI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DOGG	FTQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.87%	2.92%	+1.95%
Volatility (6M) Calculated over the trailing 6-month period	9.14%	8.83%	+0.31%
Volatility (1Y) Calculated over the trailing 1-year period	11.28%	10.87%	+0.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.05%	14.82%	-1.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.05%	12.98%	+0.07%

DOGG vs. FTQI - Expense Ratio Comparison

Both DOGG and FTQI have an expense ratio of 0.75%.

Dividends

DOGG vs. FTQI - Dividend Comparison

DOGG's dividend yield for the trailing twelve months is around 8.52%, less than FTQI's 10.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DOGG FT Vest DJIA Dogs 10 Target Income ETF	8.52%	8.75%	9.92%	5.89%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FTQI First Trust Nasdaq BuyWrite Income ETF	10.92%	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

Can I hold both DOGG and FTQI in my portfolio?

DOGG and FTQI have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DOGG or FTQI?

DOGG has higher volatility (4.87%) compared to FTQI (2.92%). In terms of maximum drawdown, DOGG dropped -11.19% vs FTQI's -19.42%.

Which ETF is better, DOGG or FTQI?

On 3-year performance, FTQI leads with 16.62% vs 13.52% for DOGG. Both ETFs have the same 0.75% expense ratio. On volatility, FTQI has been the lower-risk option at 2.92%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DOGG or FTQI?

Over the 3-year period, FTQI has performed better with a 16.62% return vs 13.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DOGG or FTQI?

DOGG and FTQI have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, DOGG or FTQI?

FTQI has the higher dividend yield at 10.92%, compared with 8.52% for DOGG.

What is the main difference between DOGG and FTQI?

DOGG is categorized as Derivative Income, while FTQI is Nasdaq-100. They also come from different issuers: FT Vest and First Trust.

Which has better risk-adjusted returns?

FTQI currently has the higher Sharpe Ratio (2.43 vs 1.83), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.