LTTI vs. CHPY

Last updated Jun 4, 2026

LTTI (FT Vest 20+ Year Treasury & Target Income ETF) and CHPY (YieldMax Semiconductor Portfolio Option Income ETF) are both Derivative Income funds. Both are actively managed. Over the past year, LTTI returned 4.48% vs 149.72% for CHPY. At a 0.11 correlation, their price movements are largely independent. LTTI charges 0.65%/yr vs 0.99%/yr for CHPY.

Performance

LTTI vs. CHPY - Performance Comparison

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

Returns By Period

In the year-to-date period, LTTI achieves a -1.05% return, which is significantly lower than CHPY's 85.77% return.

LTTI

• 1D: -0.18%
• 1M: 0.28%
• YTD: -1.05%
• 6M: -2.14%
• 1Y: 4.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CHPY

• 1D: 1.14%
• 1M: 29.53%
• YTD: 85.77%
• 6M: 85.49%
• 1Y: 149.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LTTI vs. CHPY - Yearly Performance Comparison

	2026 (YTD)	2025
LTTI FT Vest 20+ Year Treasury & Target Income ETF	-1.05%	-1.41%
CHPY YieldMax Semiconductor Portfolio Option Income ETF	85.77%	62.91%

Correlation

The correlation between LTTI and CHPY is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (All Time) Calculated using the full available price history since Apr 4, 2025	0.11

Return for Risk

LTTI vs. CHPY — Risk / Return Rank

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

LTTI

LTTI Risk / Return Rank: 17
LTTI Sharpe Ratio Rank: 17
LTTI Sortino Ratio Rank: 16
LTTI Omega Ratio Rank: 16
LTTI Calmar Ratio Rank: 17
LTTI Martin Ratio Rank: 17

CHPY

CHPY Risk / Return Rank: 97
CHPY Sharpe Ratio Rank: 98
CHPY Sortino Ratio Rank: 96
CHPY Omega Ratio Rank: 96
CHPY Calmar Ratio Rank: 97
CHPY Martin Ratio Rank: 97

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.

LTTI vs. CHPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest 20+ Year Treasury & Target Income ETF (LTTI) and YieldMax Semiconductor Portfolio Option Income ETF (CHPY). 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.

	LTTI	CHPY	Difference
Sharpe ratio: Return per unit of total volatility	0.50	5.47	-4.96
Sortino ratio: Return per unit of downside risk	0.78	5.76	-4.98
Omega ratio: Gain probability vs. loss probability	1.09	1.81	-0.72
Calmar ratio: Return relative to maximum drawdown	0.64	12.38	-11.75
Martin ratio: Return relative to average drawdown	1.57	47.28	-45.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LTTI vs. CHPY - Sharpe Ratio Comparison

The current LTTI Sharpe Ratio is 0.50, which is lower than the CHPY Sharpe Ratio of 5.47. The chart below compares the historical Sharpe Ratios of LTTI and CHPY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LTTI	CHPY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.50	5.47	-4.96
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	4.83	-4.74

Drawdowns

LTTI vs. CHPY - Drawdown Comparison

The maximum LTTI drawdown since its inception was -9.02%, smaller than the maximum CHPY drawdown of -12.17%. Use the drawdown chart below to compare losses from any high point for LTTI and CHPY.

Drawdown Indicators

	LTTI	CHPY	Difference
Max Drawdown Largest peak-to-trough decline	-9.02%	-12.17%	+3.15%
Max Drawdown (1Y) Largest decline over 1 year	-7.08%	-12.17%	+5.09%
Current Drawdown Current decline from peak	-4.69%	0.00%	-4.69%
Average Drawdown Average peak-to-trough decline	-3.65%	-1.98%	-1.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.86%	3.18%	-0.32%

Volatility

LTTI vs. CHPY - Volatility Comparison

The current volatility for FT Vest 20+ Year Treasury & Target Income ETF (LTTI) is 2.56%, while YieldMax Semiconductor Portfolio Option Income ETF (CHPY) has a volatility of 11.23%. This indicates that LTTI experiences smaller price fluctuations and is considered to be less risky than CHPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LTTI	CHPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.56%	11.23%	-8.67%
Volatility (6M) Calculated over the trailing 6-month period	6.06%	22.33%	-16.27%
Volatility (1Y) Calculated over the trailing 1-year period	8.92%	27.59%	-18.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.28%	33.17%	-22.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.28%	33.17%	-22.89%

LTTI vs. CHPY - Expense Ratio Comparison

LTTI has a 0.65% expense ratio, which is lower than CHPY's 0.99% expense ratio.

Dividends

LTTI vs. CHPY - Dividend Comparison

LTTI's dividend yield for the trailing twelve months is around 9.21%, less than CHPY's 28.40% yield.

Position	TTM	2025
CHPY YieldMax Semiconductor Portfolio Option Income ETF	28.40%	28.19%
LTTI FT Vest 20+ Year Treasury & Target Income ETF	9.21%	7.08%

Frequently Asked Questions

Can I hold both LTTI and CHPY in my portfolio?

LTTI and CHPY have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LTTI or CHPY?

CHPY has higher volatility (11.23%) compared to LTTI (2.56%). In terms of maximum drawdown, LTTI dropped -9.02% vs CHPY's -12.17%.

Which ETF is better, LTTI or CHPY?

On 1-year performance, CHPY leads with 149.72% vs 4.48% for LTTI. On fees, LTTI is cheaper at 0.65% per year. On volatility, LTTI has been the lower-risk option at 2.56%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LTTI or CHPY?

Over the 1-year period, CHPY has performed better with a 149.72% return vs 4.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LTTI or CHPY?

LTTI is cheaper with a 0.65% expense ratio, compared with 0.99% for CHPY.

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

CHPY has the higher dividend yield at 28.40%, compared with 9.21% for LTTI.

What is the main difference between LTTI and CHPY?

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

Which has better risk-adjusted returns?

CHPY currently has the higher Sharpe Ratio (5.47 vs 0.50), 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.