EDGE vs. LQTI

Last updated Aug 5, 2026

EDGE (MRBL Enhanced Equity ETF) and LQTI (FT Vest Investment Grade & Target Income ETF) are both Derivative Income funds. Both are actively managed. Over the past year, EDGE returned 25.77% vs 2.09% for LQTI. Their 0.27 correlation means their historical movements had little consistent relationship. EDGE charges 0.74%/yr vs 0.65%/yr for LQTI.

Performance

EDGE vs. LQTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MRBL Enhanced Equity ETF (EDGE) 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, EDGE achieves a 13.32% return, which is significantly higher than LQTI's -0.64% return.

EDGE

• 1D: 1.06%
• 1M: 3.57%
• 6M: 11.92%
• YTD: 13.32%
• 1Y: 25.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.49%

LQTI

• 1D: 0.80%
• 1M: -1.29%
• 6M: -0.79%
• YTD: -0.64%
• 1Y: 2.09%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 3.98%

*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)
EDGE MRBL Enhanced Equity ETF	$38.14K	$142.84K	$123.15K
LQTI FT Vest Investment Grade & Target Income ETF	$2.10M	$2.20M	$1.68M

EDGE vs. LQTI - Yearly Performance Comparison

	2026 (YTD)	2025
EDGE MRBL Enhanced Equity ETF	13.32%	12.83%
LQTI FT Vest Investment Grade & Target Income ETF	-0.64%	6.59%

Correlation

The correlation between EDGE and LQTI is 0.34, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.34
Correlation (All Time) Calculated using the full available price history since Feb 13, 2025	0.27

Return for Risk

EDGE vs. LQTI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EDGE

EDGE Risk / Return Rank: 80
EDGE Sharpe Ratio Rank: 80
EDGE Sortino Ratio Rank: 78
EDGE Omega Ratio Rank: 84
EDGE Calmar Ratio Rank: 72
EDGE Martin Ratio Rank: 87

LQTI

LQTI Risk / Return Rank: 18
LQTI Sharpe Ratio Rank: 19
LQTI Sortino Ratio Rank: 17
LQTI Omega Ratio Rank: 16
LQTI Calmar Ratio Rank: 20
LQTI Martin Ratio Rank: 21

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EDGE vs. LQTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MRBL Enhanced Equity ETF (EDGE) 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.

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.

	EDGE	LQTI	Difference
Sharpe ratio: Return per unit of total volatility	2.06	0.40	+1.66
Sortino ratio: Return per unit of downside risk	2.85	0.60	+2.25
Omega ratio: Gain probability vs. loss probability	1.40	1.07	+0.32
Calmar ratio: Return relative to maximum drawdown	2.87	0.62	+2.26
Martin ratio: Return relative to average drawdown	14.45	1.54	+12.91

EDGE vs. LQTI - Sharpe Ratio Comparison

The current EDGE Sharpe Ratio is 2.06, which is higher than the LQTI Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of EDGE 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.

Drawdowns

EDGE vs. LQTI - Drawdown Comparison

The maximum EDGE drawdown since its inception was -20.66%, which is greater than LQTI's maximum drawdown of -3.41%. Use the drawdown chart below to compare losses from any high point for EDGE and LQTI.

Drawdown Indicators

	EDGE	LQTI	Difference
Max Drawdown Largest peak-to-trough decline	-20.66%	-3.41%	-17.25%
Max Drawdown (1Y) Largest decline over 1 year	-9.01%	-3.41%	-5.60%
Current Drawdown Current decline from peak	0.00%	-2.23%	+2.23%
Average Drawdown Average peak-to-trough decline	-2.65%	-0.99%	-1.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.79%	1.36%	+0.43%

Volatility

EDGE vs. LQTI - Volatility Comparison

MRBL Enhanced Equity ETF (EDGE) has a higher volatility of 4.24% compared to FT Vest Investment Grade & Target Income ETF (LQTI) at 1.67%. This indicates that EDGE'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

	EDGE	LQTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.24%	1.67%	+2.57%
Volatility (6M) Calculated over the trailing 6-month period	10.51%	4.20%	+6.31%
Volatility (1Y) Calculated over the trailing 1-year period	12.61%	5.19%	+7.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.88%	5.92%	+9.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.88%	5.92%	+9.96%

EDGE vs. LQTI - Expense Ratio Comparison

EDGE has a 0.74% expense ratio, which is higher than LQTI's 0.65% expense ratio.

Dividends

EDGE vs. LQTI - Dividend Comparison

EDGE has not paid dividends to shareholders, while LQTI's dividend yield for the trailing twelve months is around 9.27%.

Position	TTM	2025
EDGE MRBL Enhanced Equity ETF	0.00%	0.00%
LQTI FT Vest Investment Grade & Target Income ETF	9.27%	7.01%

Frequently Asked Questions

Can I hold both EDGE and LQTI in my portfolio?

EDGE and LQTI have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EDGE or LQTI?

EDGE has higher volatility (4.24%) compared to LQTI (1.67%). In terms of maximum drawdown, EDGE dropped -20.66% vs LQTI's -3.41%.

Which ETF is better, EDGE or LQTI?

On 1-year performance, EDGE leads with 25.77% vs 2.09% for LQTI. On fees, LQTI is cheaper at 0.65% 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, EDGE or LQTI?

Over the 1-year period, EDGE has performed better with a 25.77% return vs 2.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EDGE or LQTI?

LQTI is cheaper with a 0.65% expense ratio, compared with 0.74% for EDGE.

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

LQTI has the higher dividend yield at 9.27%, compared with 0.00% for EDGE.

What is the main difference between EDGE and LQTI?

They also come from different issuers: MRBL and FT Vest. Their fees differ too: 0.74% for EDGE and 0.65% for LQTI.

Which has better risk-adjusted returns?

EDGE currently has the higher Sharpe Ratio (2.06 vs 0.40), 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.