LQTI vs. FIYY

Last updated Jul 16, 2026

LQTI (FT Vest Investment Grade & Target Income ETF) and FIYY (GraniteShares YieldBOOST 20Y+ Treasuries ETF) are both Derivative Income funds. Both are actively managed. A 0.63 correlation means they provide meaningful diversification when combined. LQTI charges 0.65%/yr vs 1.07%/yr for FIYY.

Performance

LQTI vs. FIYY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest Investment Grade & Target Income ETF (LQTI) and GraniteShares YieldBOOST 20Y+ Treasuries ETF (FIYY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LQTI

• 1D: 0.32%
• 1M: -0.71%
• 6M: -0.67%
• YTD: -0.24%
• 1Y: 4.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FIYY

• 1D: 0.02%
• 1M: -0.45%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LQTI vs. FIYY - Yearly Performance Comparison

	2026 (YTD)
LQTI FT Vest Investment Grade & Target Income ETF	0.01%
FIYY GraniteShares YieldBOOST 20Y+ Treasuries ETF	-1.83%

Correlation

The correlation between LQTI and FIYY is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 5, 2026	0.63

Return for Risk

LQTI vs. FIYY — Risk / Return Rank

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

LQTI

LQTI Risk / Return Rank: 28
LQTI Sharpe Ratio Rank: 28
LQTI Sortino Ratio Rank: 26
LQTI Omega Ratio Rank: 24
LQTI Calmar Ratio Rank: 30
LQTI Martin Ratio Rank: 31

FIYY

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

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. FIYY - Risk-Adjusted Trends Comparison

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

	LQTI	FIYY	Difference
Sharpe ratio: Return per unit of total volatility	0.84	—	—
Sortino ratio: Return per unit of downside risk	1.22	—	—
Omega ratio: Gain probability vs. loss probability	1.15	—	—
Calmar ratio: Return relative to maximum drawdown	1.27	—	—
Martin ratio: Return relative to average drawdown	3.60	—	—

Drawdowns

LQTI vs. FIYY - Drawdown Comparison

The maximum LQTI drawdown since its inception was -3.41%, which is greater than FIYY's maximum drawdown of -2.51%. Use the drawdown chart below to compare losses from any high point for LQTI and FIYY.

Drawdown Indicators

	LQTI	FIYY	Difference
Max Drawdown Largest peak-to-trough decline	-3.41%	-2.51%	-0.90%
Max Drawdown (1Y) Largest decline over 1 year	-3.41%	—	—
Current Drawdown Current decline from peak	-1.83%	-1.95%	+0.12%
Average Drawdown Average peak-to-trough decline	-0.92%	-1.49%	+0.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.19%	—	—

Volatility

Volatility by Period

	LQTI	FIYY	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.41%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.13%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.15%	5.00%	+0.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.92%	5.00%	+0.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.92%	5.00%	+0.92%

LQTI vs. FIYY - Expense Ratio Comparison

LQTI has a 0.65% expense ratio, which is lower than FIYY's 1.07% expense ratio.

Dividends

LQTI vs. FIYY - Dividend Comparison

LQTI's dividend yield for the trailing twelve months is around 9.20%, more than FIYY's 1.13% yield.

Position	TTM	2025
FIYY GraniteShares YieldBOOST 20Y+ Treasuries ETF	1.13%	0.00%
LQTI FT Vest Investment Grade & Target Income ETF	9.20%	7.01%

Frequently Asked Questions

Can I hold both LQTI and FIYY in my portfolio?

LQTI and FIYY have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LQTI or FIYY?

On fees, LQTI 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, LQTI or FIYY?

LQTI is cheaper with a 0.65% expense ratio, compared with 1.07% for FIYY.

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

LQTI has the higher dividend yield at 9.20%, compared with 1.13% for FIYY.

What is the main difference between LQTI and FIYY?

They also come from different issuers: FT Vest and GraniteShares. Their fees differ too: 0.65% for LQTI and 1.07% for FIYY.