LQTI vs. AIYY

Last updated Jul 15, 2026

LQTI (FT Vest Investment Grade & Target Income ETF) and AIYY (YieldMax AI Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. Over the past year, LQTI returned 3.71% vs -64.43% for AIYY. At a 0.14 correlation, their price movements are largely independent. LQTI charges 0.65%/yr vs 0.99%/yr for AIYY.

Performance

LQTI vs. AIYY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest Investment Grade & Target Income ETF (LQTI) and YieldMax AI Option Income Strategy ETF (AIYY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LQTI achieves a -0.55% return, which is significantly higher than AIYY's -33.76% return.

LQTI

• 1D: 0.26%
• 1M: -0.97%
• 6M: -0.71%
• YTD: -0.55%
• 1Y: 3.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AIYY

• 1D: 0.75%
• 1M: -12.92%
• 6M: -34.41%
• YTD: -33.76%
• 1Y: -64.43%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LQTI vs. AIYY - Yearly Performance Comparison

	2026 (YTD)	2025
LQTI FT Vest Investment Grade & Target Income ETF	-0.55%	6.59%
AIYY YieldMax AI Option Income Strategy ETF	-33.76%	-56.30%

Correlation

The correlation between LQTI and AIYY is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (All Time) Calculated using the full available price history since Feb 13, 2025	0.14

Return for Risk

LQTI vs. AIYY — Risk / Return Rank

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

LQTI

LQTI Risk / Return Rank: 25
LQTI Sharpe Ratio Rank: 24
LQTI Sortino Ratio Rank: 22
LQTI Omega Ratio Rank: 22
LQTI Calmar Ratio Rank: 27
LQTI Martin Ratio Rank: 28

AIYY

AIYY Risk / Return Rank: 1
AIYY Sharpe Ratio Rank: 1
AIYY Sortino Ratio Rank: 1
AIYY Omega Ratio Rank: 0
AIYY Calmar Ratio Rank: 1
AIYY Martin Ratio Rank: 3

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.

LQTI vs. AIYY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Investment Grade & Target Income ETF (LQTI) and YieldMax AI Option Income Strategy ETF (AIYY). 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.

	LQTI	AIYY	Difference
Sharpe ratio: Return per unit of total volatility	0.72	-1.19	+1.91
Sortino ratio: Return per unit of downside risk	1.06	-1.94	+2.99
Omega ratio: Gain probability vs. loss probability	1.13	0.74	+0.39
Calmar ratio: Return relative to maximum drawdown	1.09	-0.94	+2.04
Martin ratio: Return relative to average drawdown	3.12	-1.24	+4.36

LQTI vs. AIYY - Sharpe Ratio Comparison

The current LQTI Sharpe Ratio is 0.72, which is higher than the AIYY Sharpe Ratio of -1.19. The chart below compares the historical Sharpe Ratios of LQTI and AIYY, 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

LQTI vs. AIYY - Drawdown Comparison

The maximum LQTI drawdown since its inception was -3.41%, smaller than the maximum AIYY drawdown of -79.56%. Use the drawdown chart below to compare losses from any high point for LQTI and AIYY.

Drawdown Indicators

	LQTI	AIYY	Difference
Max Drawdown Largest peak-to-trough decline	-3.41%	-79.56%	+76.15%
Max Drawdown (1Y) Largest decline over 1 year	-3.41%	-68.45%	+65.04%
Current Drawdown Current decline from peak	-2.14%	-78.36%	+76.22%
Average Drawdown Average peak-to-trough decline	-0.92%	-42.47%	+41.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.19%	52.14%	-50.95%

Volatility

LQTI vs. AIYY - Volatility Comparison

The current volatility for FT Vest Investment Grade & Target Income ETF (LQTI) is 1.37%, while YieldMax AI Option Income Strategy ETF (AIYY) has a volatility of 12.89%. This indicates that LQTI experiences smaller price fluctuations and is considered to be less risky than AIYY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LQTI	AIYY	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.37%	12.89%	-11.52%
Volatility (6M) Calculated over the trailing 6-month period	4.12%	40.11%	-35.99%
Volatility (1Y) Calculated over the trailing 1-year period	5.14%	54.42%	-49.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.92%	50.12%	-44.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.92%	50.12%	-44.20%

LQTI vs. AIYY - Expense Ratio Comparison

LQTI has a 0.65% expense ratio, which is lower than AIYY's 0.99% expense ratio.

Dividends

LQTI vs. AIYY - Dividend Comparison

LQTI's dividend yield for the trailing twelve months is around 9.23%, less than AIYY's 149.88% yield.

Position	TTM	2025	2024
AIYY YieldMax AI Option Income Strategy ETF	149.88%	168.33%	98.26%
LQTI FT Vest Investment Grade & Target Income ETF	9.23%	7.01%	0.00%

Frequently Asked Questions

Can I hold both LQTI and AIYY in my portfolio?

LQTI and AIYY have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LQTI or AIYY?

AIYY has higher volatility (12.89%) compared to LQTI (1.37%). In terms of maximum drawdown, LQTI dropped -3.41% vs AIYY's -79.56%.

Which ETF is better, LQTI or AIYY?

On 1-year performance, LQTI leads with 3.71% vs -64.43% for AIYY. On fees, LQTI is cheaper at 0.65% per year. On volatility, LQTI has been the lower-risk option at 1.37%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LQTI or AIYY?

Over the 1-year period, LQTI has performed better with a 3.71% return vs -64.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LQTI or AIYY?

LQTI is cheaper with a 0.65% expense ratio, compared with 0.99% for AIYY.

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

AIYY has the higher dividend yield at 149.88%, compared with 9.23% for LQTI.

What is the main difference between LQTI and AIYY?

They also come from different issuers: FT Vest and YieldMax. Their fees differ too: 0.65% for LQTI and 0.99% for AIYY.

Which has better risk-adjusted returns?

LQTI currently has the higher Sharpe Ratio (0.72 vs -1.19), 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.