FTQI vs. LQTI
Compare and contrast key facts about First Trust Nasdaq BuyWrite Income ETF (FTQI) and FT Vest Investment Grade & Target Income ETF (LQTI).
FTQI and LQTI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FTQI is a passively managed fund by First Trust that tracks the performance of the NASDAQ-100 Index. It was launched on Jan 6, 2014. LQTI is an actively managed fund by FT Vest. It was launched on Feb 11, 2025.
Performance
FTQI vs. LQTI - Performance Comparison
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FTQI vs. LQTI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FTQI First Trust Nasdaq BuyWrite Income ETF | -0.38% | 9.17% |
LQTI FT Vest Investment Grade & Target Income ETF | -0.44% | 6.69% |
Returns By Period
In the year-to-date period, FTQI achieves a -0.38% return, which is significantly higher than LQTI's -0.44% return.
FTQI
- 1D
- 1.00%
- 1M
- -0.70%
- YTD
- -0.38%
- 6M
- 3.73%
- 1Y
- 19.71%
- 3Y*
- 14.13%
- 5Y*
- 9.58%
- 10Y*
- 6.96%
LQTI
- 1D
- 0.07%
- 1M
- -1.73%
- YTD
- -0.44%
- 6M
- -0.03%
- 1Y
- 4.56%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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FTQI vs. LQTI - Expense Ratio Comparison
FTQI has a 0.75% expense ratio, which is higher than LQTI's 0.65% expense ratio.
Return for Risk
FTQI vs. LQTI — Risk / Return Rank
FTQI
LQTI
FTQI vs. LQTI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq BuyWrite Income ETF (FTQI) 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.
| FTQI | LQTI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.15 | 0.74 | +0.42 |
Sortino ratioReturn per unit of downside risk | 1.75 | 1.02 | +0.72 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.14 | +0.16 |
Calmar ratioReturn relative to maximum drawdown | 1.73 | 1.37 | +0.36 |
Martin ratioReturn relative to average drawdown | 10.01 | 4.15 | +5.86 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FTQI | LQTI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.15 | 0.74 | +0.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.52 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.90 | -0.44 |
Correlation
The correlation between FTQI and LQTI is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
FTQI vs. LQTI - Dividend Comparison
FTQI's dividend yield for the trailing twelve months is around 11.85%, more than LQTI's 9.07% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTQI First Trust Nasdaq BuyWrite Income ETF | 11.85% | 11.46% | 11.66% | 11.49% | 9.85% | 3.05% | 3.27% | 2.95% | 3.27% | 2.74% | 3.02% | 3.54% |
LQTI FT Vest Investment Grade & Target Income ETF | 9.07% | 7.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FTQI vs. LQTI - Drawdown Comparison
The maximum FTQI drawdown since its inception was -19.42%, which is greater than LQTI's maximum drawdown of -3.41%. Use the drawdown chart below to compare losses from any high point for FTQI and LQTI.
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Drawdown Indicators
| FTQI | LQTI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.42% | -3.41% | -16.01% |
Max Drawdown (1Y)Largest decline over 1 year | -11.75% | -3.41% | -8.34% |
Max Drawdown (5Y)Largest decline over 5 years | -19.42% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -19.42% | — | — |
Current DrawdownCurrent decline from peak | -2.41% | -2.03% | -0.38% |
Average DrawdownAverage peak-to-trough decline | -3.80% | -0.78% | -3.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.03% | 1.12% | +0.91% |
Volatility
FTQI vs. LQTI - Volatility Comparison
First Trust Nasdaq BuyWrite Income ETF (FTQI) has a higher volatility of 5.36% compared to FT Vest Investment Grade & Target Income ETF (LQTI) at 2.66%. This indicates that FTQI'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.
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Volatility by Period
| FTQI | LQTI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.36% | 2.66% | +2.70% |
Volatility (6M)Calculated over the trailing 6-month period | 8.93% | 3.87% | +5.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.15% | 6.23% | +10.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.83% | 6.11% | +8.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.41% | 6.11% | +7.30% |