IAUI vs. HYTI

Last updated Jun 5, 2026

IAUI (NEOS Gold High Income ETF) and HYTI (FT Vest High Yield & Target Income ETF) are both Derivative Income funds. Both are actively managed. At a 0.17 correlation, their price movements are largely independent. IAUI charges 0.78%/yr vs 0.65%/yr for HYTI.

Performance

IAUI vs. HYTI - Performance Comparison

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

Returns By Period

In the year-to-date period, IAUI achieves a 2.26% return, which is significantly higher than HYTI's 1.84% return.

IAUI

• 1D: 0.61%
• 1M: -1.21%
• YTD: 2.26%
• 6M: 4.46%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HYTI

• 1D: -0.05%
• 1M: 0.60%
• YTD: 1.84%
• 6M: 2.45%
• 1Y: 7.25%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IAUI vs. HYTI - Yearly Performance Comparison

	2026 (YTD)	2025
IAUI NEOS Gold High Income ETF	2.26%	20.56%
HYTI FT Vest High Yield & Target Income ETF	1.84%	5.04%

Correlation

The correlation between IAUI and HYTI is 0.17, 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 Jun 6, 2025	0.17

Return for Risk

IAUI vs. HYTI — Risk / Return Rank

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

HYTI

HYTI Risk / Return Rank: 62
HYTI Sharpe Ratio Rank: 57
HYTI Sortino Ratio Rank: 62
HYTI Omega Ratio Rank: 61
HYTI Calmar Ratio Rank: 62
HYTI Martin Ratio Rank: 70

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.

IAUI vs. HYTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Gold High Income ETF (IAUI) 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.

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

Sharpe Ratios by Period

	IAUI	HYTI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.90	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.16	1.32	-0.16

Drawdowns

IAUI vs. HYTI - Drawdown Comparison

The maximum IAUI drawdown since its inception was -16.88%, which is greater than HYTI's maximum drawdown of -4.47%. Use the drawdown chart below to compare losses from any high point for IAUI and HYTI.

Drawdown Indicators

	IAUI	HYTI	Difference
Max Drawdown Largest peak-to-trough decline	-16.88%	-4.47%	-12.41%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.38%	—
Current Drawdown Current decline from peak	-13.27%	-0.05%	-13.22%
Average Drawdown Average peak-to-trough decline	-3.49%	-0.46%	-3.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.56%	—

Volatility

Volatility by Period

	IAUI	HYTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.14%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.02%	—
Volatility (1Y) Calculated over the trailing 1-year period	20.28%	3.83%	+16.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.28%	5.22%	+15.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.28%	5.22%	+15.06%

IAUI vs. HYTI - Expense Ratio Comparison

IAUI has a 0.78% expense ratio, which is higher than HYTI's 0.65% expense ratio.

Dividends

IAUI vs. HYTI - Dividend Comparison

IAUI's dividend yield for the trailing twelve months is around 12.58%, more than HYTI's 10.40% yield.

Position	TTM	2025
HYTI FT Vest High Yield & Target Income ETF	10.40%	8.10%
IAUI NEOS Gold High Income ETF	12.58%	6.88%

Frequently Asked Questions

Can I hold both IAUI and HYTI in my portfolio?

IAUI and HYTI have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IAUI 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, IAUI or HYTI?

HYTI is cheaper with a 0.65% expense ratio, compared with 0.78% for IAUI.

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

IAUI has the higher dividend yield at 12.58%, compared with 10.40% for HYTI.

What is the main difference between IAUI and HYTI?

They also come from different issuers: Neos and FT Vest. Their fees differ too: 0.78% for IAUI and 0.65% for HYTI.