LQTI vs. TPRY

Last updated Jun 26, 2026

LQTI (FT Vest Investment Grade & Target Income ETF) and TPRY (VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF) are both Derivative Income funds. LQTI is actively managed, while TPRY is passively managed. At a 0.50 correlation, their price movements are largely independent. LQTI charges 0.65%/yr vs 0.95%/yr for TPRY.

Performance

LQTI vs. TPRY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest Investment Grade & Target Income ETF (LQTI) and VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF (TPRY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LQTI

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

TPRY

• 1D: 2.98%
• 1M: -0.49%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LQTI vs. TPRY - Yearly Performance Comparison

	2026 (YTD)
LQTI FT Vest Investment Grade & Target Income ETF	-0.52%
TPRY VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF	6.56%

Correlation

The correlation between LQTI and TPRY is 0.50, 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 Feb 26, 2026	0.50

Return for Risk

LQTI vs. TPRY — 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

TPRY

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. TPRY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Investment Grade & Target Income ETF (LQTI) and VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF (TPRY). 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	TPRY	Difference
Sharpe ratio: Return per unit of total volatility	0.95	—	—
Sortino ratio: Return per unit of downside risk	1.39	—	—
Omega ratio: Gain probability vs. loss probability	1.17	—	—
Calmar ratio: Return relative to maximum drawdown	1.42	—	—
Martin ratio: Return relative to average drawdown	4.21	—	—

Drawdowns

LQTI vs. TPRY - Drawdown Comparison

The maximum LQTI drawdown since its inception was -3.41%, smaller than the maximum TPRY drawdown of -11.32%. Use the drawdown chart below to compare losses from any high point for LQTI and TPRY.

Drawdown Indicators

	LQTI	TPRY	Difference
Max Drawdown Largest peak-to-trough decline	-3.41%	-11.32%	+7.91%
Max Drawdown (1Y) Largest decline over 1 year	-3.41%	—	—
Current Drawdown Current decline from peak	-0.87%	-1.28%	+0.41%
Average Drawdown Average peak-to-trough decline	-0.90%	-3.25%	+2.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.15%	—	—

Volatility

Volatility by Period

	LQTI	TPRY	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.40%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.14%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.09%	27.75%	-22.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.93%	27.75%	-21.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.93%	27.75%	-21.82%

LQTI vs. TPRY - Expense Ratio Comparison

LQTI has a 0.65% expense ratio, which is lower than TPRY's 0.95% expense ratio.

Dividends

LQTI vs. TPRY - Dividend Comparison

LQTI's dividend yield for the trailing twelve months is around 9.06%, more than TPRY's 3.56% yield.

Position	TTM	2025
LQTI FT Vest Investment Grade & Target Income ETF	9.06%	7.01%
TPRY VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF	3.56%	0.00%

Frequently Asked Questions

Can I hold both LQTI and TPRY in my portfolio?

LQTI and TPRY have a correlation of 0.50, 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 TPRY?

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 TPRY?

LQTI is cheaper with a 0.65% expense ratio, compared with 0.95% for TPRY.

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

LQTI has the higher dividend yield at 9.06%, compared with 3.56% for TPRY.

What is the main difference between LQTI and TPRY?

They also come from different issuers: FT Vest and VistaShares. Their fees differ too: 0.65% for LQTI and 0.95% for TPRY.