DRMY vs. HYTI

Last updated Jul 22, 2026

DRMY (XFUNDS Memory Income ETF) and HYTI (FT Vest High Yield & Target Income ETF) are both Derivative Income funds. Both are actively managed. Their correlation of 0.95 suggests significant overlap in exposure. DRMY charges 1.01%/yr vs 0.65%/yr for HYTI.

Performance

DRMY vs. HYTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in XFUNDS Memory Income ETF (DRMY) and FT Vest High Yield & Target Income ETF (HYTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DRMY

• 1D: 10.33%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

HYTI

• 1D: 0.00%
• 1M: 0.15%
• 6M: 1.80%
• YTD: 2.08%
• 1Y: 5.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 6.36%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DRMY XFUNDS Memory Income ETF	$498.95K	$498.95K	$498.95K

DRMY vs. HYTI - Yearly Performance Comparison

	2026 (YTD)
DRMY XFUNDS Memory Income ETF	7.25%
HYTI FT Vest High Yield & Target Income ETF	-0.37%

Correlation

The correlation between DRMY and HYTI is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 16, 2026	0.95

Return for Risk

DRMY vs. HYTI — Risk / Return Rank

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

DRMY

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

HYTI

HYTI Risk / Return Rank: 59
HYTI Sharpe Ratio Rank: 54
HYTI Sortino Ratio Rank: 56
HYTI Omega Ratio Rank: 56
HYTI Calmar Ratio Rank: 60
HYTI Martin Ratio Rank: 71

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.

DRMY vs. HYTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for XFUNDS Memory Income ETF (DRMY) 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.

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.

	DRMY	HYTI	Difference
Sharpe ratio: Return per unit of total volatility	—	1.41	—
Sortino ratio: Return per unit of downside risk	—	2.07	—
Omega ratio: Gain probability vs. loss probability	—	1.27	—
Calmar ratio: Return relative to maximum drawdown	—	2.24	—
Martin ratio: Return relative to average drawdown	—	9.58	—

Drawdowns

DRMY vs. HYTI - Drawdown Comparison

The maximum DRMY drawdown since its inception was -3.23%, smaller than the maximum HYTI drawdown of -4.47%. Use the drawdown chart below to compare losses from any high point for DRMY and HYTI.

Drawdown Indicators

	DRMY	HYTI	Difference
Max Drawdown Largest peak-to-trough decline	-3.23%	-4.47%	+1.24%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.38%	—
Current Drawdown Current decline from peak	0.00%	-0.37%	+0.37%
Average Drawdown Average peak-to-trough decline	-2.28%	-0.44%	-1.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.56%	—

Volatility

Volatility by Period

	DRMY	HYTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.02%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.24%	—
Volatility (1Y) Calculated over the trailing 1-year period	93.00%	3.83%	+89.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	93.00%	5.10%	+87.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	93.00%	5.10%	+87.90%

DRMY vs. HYTI - Expense Ratio Comparison

DRMY has a 1.01% expense ratio, which is higher than HYTI's 0.65% expense ratio.

Dividends

DRMY vs. HYTI - Dividend Comparison

DRMY has not paid dividends to shareholders, while HYTI's dividend yield for the trailing twelve months is around 10.44%.

Position	TTM	2025
DRMY XFUNDS Memory Income ETF	0.00%	0.00%
HYTI FT Vest High Yield & Target Income ETF	10.44%	8.10%

Frequently Asked Questions

Can I hold both DRMY and HYTI in my portfolio?

With a correlation of 0.95, DRMY and HYTI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, DRMY or HYTI?

On fees, HYTI is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DRMY or HYTI?

HYTI is cheaper with a 0.65% expense ratio, compared with 1.01% for DRMY.

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

HYTI has the higher dividend yield at 10.44%, compared with 0.00% for DRMY.

What is the main difference between DRMY and HYTI?

They also come from different issuers: XFUNDS and FT Vest. Their fees differ too: 1.01% for DRMY and 0.65% for HYTI.