HYTI vs. FIYY
HYTI (FT Vest High Yield & Target Income ETF) and FIYY (GraniteShares YieldBOOST 20Y+ Treasuries ETF) are both Derivative Income funds. Both are actively managed. At a 0.38 correlation, their price movements are largely independent. HYTI charges 0.65%/yr vs 1.07%/yr for FIYY.
Performance
HYTI vs. FIYY - Performance Comparison
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Returns By Period
HYTI
- 1D
- -0.05%
- 1M
- 0.46%
- 6M
- 1.61%
- YTD
- 2.08%
- 1Y
- 5.58%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FIYY
- 1D
- -0.00%
- 1M
- -0.43%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HYTI vs. FIYY - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
HYTI FT Vest High Yield & Target Income ETF | 0.83% |
FIYY GraniteShares YieldBOOST 20Y+ Treasuries ETF | -1.79% |
Correlation
The correlation between HYTI and FIYY is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 5, 2026 | 0.38 |
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Return for Risk
HYTI vs. FIYY — Risk / Return Rank
HYTI
FIYY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
HYTI vs. FIYY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Vest High Yield & Target Income ETF (HYTI) and GraniteShares YieldBOOST 20Y+ Treasuries ETF (FIYY). 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.
| HYTI | FIYY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.27 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.35 | — | — |
| Martin ratioReturn relative to average drawdown | 10.04 | — | — |
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Drawdowns
HYTI vs. FIYY - Drawdown Comparison
The maximum HYTI drawdown since its inception was -4.47%, which is greater than FIYY's maximum drawdown of -2.51%. Use the drawdown chart below to compare losses from any high point for HYTI and FIYY.
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Drawdown Indicators
| HYTI | FIYY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.47% | -2.51% | -1.96% |
Max Drawdown (1Y)Largest decline over 1 year | -2.38% | — | — |
Current DrawdownCurrent decline from peak | -0.37% | -1.91% | +1.54% |
Average DrawdownAverage peak-to-trough decline | -0.44% | -1.51% | +1.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.56% | — | — |
Volatility
HYTI vs. FIYY - Volatility Comparison
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Volatility by Period
| HYTI | FIYY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.16% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 3.24% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.87% | 4.90% | -1.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.11% | 4.90% | +0.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.11% | 4.90% | +0.21% |
HYTI vs. FIYY - Expense Ratio Comparison
HYTI has a 0.65% expense ratio, which is lower than FIYY's 1.07% expense ratio.
Dividends
HYTI vs. FIYY - Dividend Comparison
HYTI's dividend yield for the trailing twelve months is around 10.44%, more than FIYY's 1.17% yield.
| Position | TTM | 2025 |
|---|---|---|
FIYY GraniteShares YieldBOOST 20Y+ Treasuries ETF | 1.17% | 0.00% |
HYTI FT Vest High Yield & Target Income ETF | 10.44% | 8.10% |
Frequently Asked Questions
HYTI and FIYY have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
HYTI is cheaper with a 0.65% expense ratio, compared with 1.07% for FIYY.
HYTI has the higher dividend yield at 10.44%, compared with 1.17% for FIYY.
They also come from different issuers: FT Vest and GraniteShares. Their fees differ too: 0.65% for HYTI and 1.07% for FIYY.
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