RDYY vs. LQTI
RDYY (YieldMax RDDT Option Income Strategy ETF) and LQTI (FT Vest Investment Grade & Target Income ETF) are both Derivative Income funds. Both are actively managed. At a 0.15 correlation, their price movements are largely independent. RDYY charges 0.99%/yr vs 0.65%/yr for LQTI.
Performance
RDYY vs. LQTI - Performance Comparison
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Returns By Period
In the year-to-date period, RDYY achieves a -23.45% return, which is significantly lower than LQTI's 0.47% return.
RDYY
- 1D
- -2.17%
- 1M
- 14.72%
- YTD
- -23.45%
- 6M
- -22.04%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LQTI
- 1D
- 0.16%
- 1M
- 0.54%
- YTD
- 0.47%
- 6M
- 1.08%
- 1Y
- 4.91%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RDYY vs. LQTI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
RDYY YieldMax RDDT Option Income Strategy ETF | -23.45% | -5.31% |
LQTI FT Vest Investment Grade & Target Income ETF | 0.47% | 0.80% |
Correlation
The correlation between RDYY and LQTI is 0.15, 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 Sep 9, 2025 | 0.15 |
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Return for Risk
RDYY vs. LQTI — Risk / Return Rank
RDYY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
LQTI
RDYY vs. LQTI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax RDDT Option Income Strategy ETF (RDYY) and FT Vest Investment Grade & Target Income ETF (LQTI). 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.
| RDYY | LQTI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.17 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.45 | — |
| Martin ratioReturn relative to average drawdown | — | 4.30 | — |
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Drawdowns
RDYY vs. LQTI - Drawdown Comparison
The maximum RDYY drawdown since its inception was -51.16%, which is greater than LQTI's maximum drawdown of -3.41%. Use the drawdown chart below to compare losses from any high point for RDYY and LQTI.
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Drawdown Indicators
| RDYY | LQTI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.16% | -3.41% | -47.75% |
Max Drawdown (1Y)Largest decline over 1 year | — | -3.41% | — |
Current DrawdownCurrent decline from peak | -34.72% | -1.13% | -33.59% |
Average DrawdownAverage peak-to-trough decline | -28.76% | -0.90% | -27.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.15% | — |
Volatility
RDYY vs. LQTI - Volatility Comparison
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Volatility by Period
| RDYY | LQTI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.54% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 4.13% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 54.93% | 5.11% | +49.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.93% | 5.94% | +48.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.93% | 5.94% | +48.99% |
RDYY vs. LQTI - Expense Ratio Comparison
RDYY has a 0.99% expense ratio, which is higher than LQTI's 0.65% expense ratio.
Dividends
RDYY vs. LQTI - Dividend Comparison
RDYY's dividend yield for the trailing twelve months is around 92.82%, more than LQTI's 9.08% yield.
| Position | TTM | 2025 |
|---|---|---|
LQTI FT Vest Investment Grade & Target Income ETF | 9.08% | 7.01% |
RDYY YieldMax RDDT Option Income Strategy ETF | 92.82% | 25.20% |
Frequently Asked Questions
RDYY and LQTI have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
LQTI is cheaper with a 0.65% expense ratio, compared with 0.99% for RDYY.
RDYY has the higher dividend yield at 92.82%, compared with 9.08% for LQTI.
They also come from different issuers: YieldMax and FT Vest. Their fees differ too: 0.99% for RDYY and 0.65% for LQTI.
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