DYLG vs. LQTI

Last updated Jun 5, 2026

DYLG (Global X Dow 30 Covered Call & Growth ETF) and LQTI (FT Vest Investment Grade & Target Income ETF) are both Derivative Income funds. DYLG is passively managed, while LQTI is actively managed. Over the past year, DYLG returned 19.29% vs 5.55% for LQTI. At a 0.34 correlation, their price movements are largely independent. DYLG charges 0.35%/yr vs 0.65%/yr for LQTI.

Performance

DYLG vs. LQTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Dow 30 Covered Call & Growth ETF (DYLG) and FT Vest Investment Grade & Target Income ETF (LQTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DYLG achieves a 5.81% return, which is significantly higher than LQTI's 0.63% return.

DYLG

• 1D: 1.13%
• 1M: 4.18%
• YTD: 5.81%
• 6M: 6.75%
• 1Y: 19.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —

LQTI

• 1D: 0.47%
• 1M: 0.49%
• YTD: 0.63%
• 6M: 0.68%
• 1Y: 5.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DYLG vs. LQTI - Yearly Performance Comparison

	2026 (YTD)	2025
DYLG Global X Dow 30 Covered Call & Growth ETF	5.81%	7.49%
LQTI FT Vest Investment Grade & Target Income ETF	0.63%	6.69%

Correlation

The correlation between DYLG and LQTI is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (All Time) Calculated using the full available price history since Feb 14, 2025	0.34

Return for Risk

DYLG vs. LQTI — Risk / Return Rank

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

DYLG

DYLG Risk / Return Rank: 59
DYLG Sharpe Ratio Rank: 62
DYLG Sortino Ratio Rank: 65
DYLG Omega Ratio Rank: 64
DYLG Calmar Ratio Rank: 48
DYLG Martin Ratio Rank: 55

LQTI

LQTI Risk / Return Rank: 31
LQTI Sharpe Ratio Rank: 31
LQTI Sortino Ratio Rank: 30
LQTI Omega Ratio Rank: 29
LQTI Calmar Ratio Rank: 34
LQTI Martin Ratio Rank: 34

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.

DYLG vs. LQTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Dow 30 Covered Call & Growth ETF (DYLG) and FT Vest Investment Grade & Target Income ETF (LQTI). 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.

	DYLG	LQTI	Difference
Sharpe ratio: Return per unit of total volatility	2.04	1.10	+0.95
Sortino ratio: Return per unit of downside risk	2.94	1.60	+1.34
Omega ratio: Gain probability vs. loss probability	1.38	1.19	+0.19
Calmar ratio: Return relative to maximum drawdown	2.33	1.64	+0.69
Martin ratio: Return relative to average drawdown	9.49	5.02	+4.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DYLG vs. LQTI - Sharpe Ratio Comparison

The current DYLG Sharpe Ratio is 2.04, which is higher than the LQTI Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of DYLG and LQTI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DYLG	LQTI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.04	1.10	+0.95
Sharpe Ratio (All Time) Calculated using the full available price history	1.14	0.94	+0.20

Drawdowns

DYLG vs. LQTI - Drawdown Comparison

The maximum DYLG drawdown since its inception was -13.98%, which is greater than LQTI's maximum drawdown of -3.41%. Use the drawdown chart below to compare losses from any high point for DYLG and LQTI.

Drawdown Indicators

	DYLG	LQTI	Difference
Max Drawdown Largest peak-to-trough decline	-13.98%	-3.41%	-10.57%
Max Drawdown (1Y) Largest decline over 1 year	-8.31%	-3.41%	-4.90%
Current Drawdown Current decline from peak	0.00%	-0.97%	+0.97%
Average Drawdown Average peak-to-trough decline	-1.85%	-0.88%	-0.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.04%	1.11%	+0.93%

Volatility

DYLG vs. LQTI - Volatility Comparison

Global X Dow 30 Covered Call & Growth ETF (DYLG) has a higher volatility of 2.60% compared to FT Vest Investment Grade & Target Income ETF (LQTI) at 1.67%. This indicates that DYLG's price experiences larger fluctuations and is considered to be riskier than LQTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DYLG	LQTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.60%	1.67%	+0.93%
Volatility (6M) Calculated over the trailing 6-month period	7.53%	4.04%	+3.49%
Volatility (1Y) Calculated over the trailing 1-year period	9.49%	5.12%	+4.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.45%	5.97%	+5.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.45%	5.97%	+5.48%

DYLG vs. LQTI - Expense Ratio Comparison

DYLG has a 0.35% expense ratio, which is lower than LQTI's 0.65% expense ratio.

Dividends

DYLG vs. LQTI - Dividend Comparison

DYLG's dividend yield for the trailing twelve months is around 9.44%, more than LQTI's 9.07% yield.

Position	TTM	2025	2024	2023
DYLG Global X Dow 30 Covered Call & Growth ETF	9.44%	9.63%	16.55%	1.38%
LQTI FT Vest Investment Grade & Target Income ETF	9.07%	7.01%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DYLG and LQTI in my portfolio?

DYLG and LQTI have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DYLG or LQTI?

DYLG has higher volatility (2.60%) compared to LQTI (1.67%). In terms of maximum drawdown, DYLG dropped -13.98% vs LQTI's -3.41%.

Which ETF is better, DYLG or LQTI?

On 1-year performance, DYLG leads with 19.29% vs 5.55% for LQTI. On fees, DYLG is cheaper at 0.35% per year. On volatility, LQTI has been the lower-risk option at 1.67%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DYLG or LQTI?

Over the 1-year period, DYLG has performed better with a 19.29% return vs 5.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DYLG or LQTI?

DYLG is cheaper with a 0.35% expense ratio, compared with 0.65% for LQTI.

Which ETF pays a higher dividend yield, DYLG or LQTI?

DYLG has the higher dividend yield at 9.44%, compared with 9.07% for LQTI.

What is the main difference between DYLG and LQTI?

They also come from different issuers: Global X and FT Vest. Their fees differ too: 0.35% for DYLG and 0.65% for LQTI.

Which has better risk-adjusted returns?

DYLG currently has the higher Sharpe Ratio (2.04 vs 1.10), 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.