LQTI vs. LTTI

Last updated Jun 26, 2026

LQTI (FT Vest Investment Grade & Target Income ETF) and LTTI (FT Vest 20+ Year Treasury & Target Income ETF) are both Derivative Income funds from FT Vest. Both are actively managed. Over the past year, LQTI returned 4.82% vs 3.77% for LTTI. A 0.75 correlation means they provide meaningful diversification when combined. Both charge a 0.65% expense ratio.

Performance

LQTI vs. LTTI - Performance Comparison

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

Returns By Period

In the year-to-date period, LQTI achieves a 0.73% return, which is significantly lower than LTTI's 0.99% return.

LQTI

• 1D: -0.10%
• 1M: 1.01%
• YTD: 0.73%
• 6M: 0.53%
• 1Y: 4.82%
• 3Y*: —
• 5Y*: —
• 10Y*: —

LTTI

• 1D: -0.03%
• 1M: 2.35%
• YTD: 0.99%
• 6M: 0.70%
• 1Y: 3.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LQTI vs. LTTI - Yearly Performance Comparison

	2026 (YTD)	2025
LQTI FT Vest Investment Grade & Target Income ETF	0.73%	6.59%
LTTI FT Vest 20+ Year Treasury & Target Income ETF	0.99%	2.43%

Correlation

The correlation between LQTI and LTTI is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (All Time) Calculated using the full available price history since Feb 13, 2025	0.75

The correlation between LQTI and LTTI has been stable across timeframes, ranging from 0.71 to 0.75 - a consistent structural relationship.

Return for Risk

LQTI vs. LTTI — 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: 27
LQTI Omega Ratio Rank: 26
LQTI Calmar Ratio Rank: 31
LQTI Martin Ratio Rank: 32

LTTI

LTTI Risk / Return Rank: 14
LTTI Sharpe Ratio Rank: 15
LTTI Sortino Ratio Rank: 14
LTTI Omega Ratio Rank: 13
LTTI Calmar Ratio Rank: 15
LTTI Martin Ratio Rank: 15

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. LTTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Investment Grade & Target Income ETF (LQTI) and FT Vest 20+ Year Treasury & Target Income ETF (LTTI). 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	LTTI	Difference
Sharpe ratio: Return per unit of total volatility	0.95	0.44	+0.51
Sortino ratio: Return per unit of downside risk	1.39	0.69	+0.70
Omega ratio: Gain probability vs. loss probability	1.17	1.08	+0.09
Calmar ratio: Return relative to maximum drawdown	1.42	0.54	+0.89
Martin ratio: Return relative to average drawdown	4.21	1.25	+2.96

LQTI vs. LTTI - Sharpe Ratio Comparison

The current LQTI Sharpe Ratio is 0.95, which is higher than the LTTI Sharpe Ratio of 0.44. The chart below compares the historical Sharpe Ratios of LQTI and LTTI, 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. LTTI - Drawdown Comparison

The maximum LQTI drawdown since its inception was -3.41%, smaller than the maximum LTTI drawdown of -9.02%. Use the drawdown chart below to compare losses from any high point for LQTI and LTTI.

Drawdown Indicators

	LQTI	LTTI	Difference
Max Drawdown Largest peak-to-trough decline	-3.41%	-9.02%	+5.61%
Max Drawdown (1Y) Largest decline over 1 year	-3.41%	-7.08%	+3.67%
Current Drawdown Current decline from peak	-0.87%	-2.73%	+1.86%
Average Drawdown Average peak-to-trough decline	-0.90%	-3.66%	+2.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.15%	3.03%	-1.88%

Volatility

LQTI vs. LTTI - Volatility Comparison

The current volatility for FT Vest Investment Grade & Target Income ETF (LQTI) is 1.40%, while FT Vest 20+ Year Treasury & Target Income ETF (LTTI) has a volatility of 1.97%. This indicates that LQTI experiences smaller price fluctuations and is considered to be less risky than LTTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LQTI	LTTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.40%	1.97%	-0.57%
Volatility (6M) Calculated over the trailing 6-month period	4.14%	6.15%	-2.01%
Volatility (1Y) Calculated over the trailing 1-year period	5.09%	8.64%	-3.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.93%	10.17%	-4.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.93%	10.17%	-4.24%

LQTI vs. LTTI - Expense Ratio Comparison

Both LQTI and LTTI have an expense ratio of 0.65%.

Dividends

LQTI vs. LTTI - Dividend Comparison

LQTI's dividend yield for the trailing twelve months is around 9.06%, which matches LTTI's 9.03% yield.

Position	TTM	2025
LQTI FT Vest Investment Grade & Target Income ETF	9.06%	7.01%
LTTI FT Vest 20+ Year Treasury & Target Income ETF	9.03%	7.08%

Frequently Asked Questions

Can I hold both LQTI and LTTI in my portfolio?

LQTI and LTTI have a correlation of 0.71, 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 LTTI?

LTTI has higher volatility (1.97%) compared to LQTI (1.40%). In terms of maximum drawdown, LQTI dropped -3.41% vs LTTI's -9.02%.

Which ETF is better, LQTI or LTTI?

On 1-year performance, LQTI leads with 4.82% vs 3.77% for LTTI. Both ETFs have the same 0.65% expense ratio. On volatility, LQTI has been the lower-risk option at 1.40%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LQTI or LTTI?

Over the 1-year period, LQTI has performed better with a 4.82% return vs 3.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LQTI or LTTI?

LQTI and LTTI have the same expense ratio: 0.65% per year.

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

LQTI has the higher dividend yield at 9.06%, compared with 9.03% for LTTI.

Which has better risk-adjusted returns?

LQTI currently has the higher Sharpe Ratio (0.95 vs 0.44), 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.