RNTY vs. FTQI

Last updated Jul 17, 2026

RNTY (YieldMax Target 12™ Real Estate Option Income ETF) and FTQI (First Trust Nasdaq BuyWrite Income ETF) are both exchange-traded funds - RNTY is a Derivative Income fund actively managed by YieldMax, while FTQI is a Nasdaq-100 fund tracking the NASDAQ-100 Index. RNTY is actively managed, while FTQI is passively managed. Over the past year, RNTY returned 10.39% vs 26.34% for FTQI. At a 0.14 correlation, their price movements are largely independent. RNTY charges 0.99%/yr vs 0.75%/yr for FTQI.

Performance

RNTY vs. FTQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Target 12™ Real Estate Option Income ETF (RNTY) and First Trust Nasdaq BuyWrite Income ETF (FTQI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RNTY achieves a 9.67% return, which is significantly lower than FTQI's 12.76% return.

RNTY

• 1D: 1.11%
• 1M: 1.39%
• 6M: 7.23%
• YTD: 9.67%
• 1Y: 10.39%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FTQI

• 1D: -0.72%
• 1M: 1.28%
• 6M: 11.68%
• YTD: 12.76%
• 1Y: 26.34%
• 3Y*: 16.62%
• 5Y*: 12.26%
• 10Y*: 7.85%

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

RNTY vs. FTQI - Yearly Performance Comparison

	2026 (YTD)	2025
RNTY YieldMax Target 12™ Real Estate Option Income ETF	9.67%	4.58%
FTQI First Trust Nasdaq BuyWrite Income ETF	12.76%	26.16%

Correlation

The correlation between RNTY and FTQI is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.07
Correlation (All Time) Calculated using the full available price history since Apr 17, 2025	0.14

Return for Risk

RNTY vs. FTQI — Risk / Return Rank

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

RNTY

RNTY Risk / Return Rank: 32
RNTY Sharpe Ratio Rank: 32
RNTY Sortino Ratio Rank: 30
RNTY Omega Ratio Rank: 29
RNTY Calmar Ratio Rank: 32
RNTY Martin Ratio Rank: 36

FTQI

FTQI Risk / Return Rank: 91
FTQI Sharpe Ratio Rank: 90
FTQI Sortino Ratio Rank: 89
FTQI Omega Ratio Rank: 90
FTQI Calmar Ratio Rank: 89
FTQI Martin Ratio Rank: 94

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.

RNTY vs. FTQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Target 12™ Real Estate Option Income ETF (RNTY) and First Trust Nasdaq BuyWrite Income ETF (FTQI). 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.

	RNTY	FTQI	Difference
Sharpe ratio: Return per unit of total volatility	0.95	2.43	-1.49
Sortino ratio: Return per unit of downside risk	1.36	3.37	-2.00
Omega ratio: Gain probability vs. loss probability	1.17	1.45	-0.29
Calmar ratio: Return relative to maximum drawdown	1.32	4.24	-2.92
Martin ratio: Return relative to average drawdown	4.38	20.07	-15.69

RNTY vs. FTQI - Sharpe Ratio Comparison

The current RNTY Sharpe Ratio is 0.95, which is lower than the FTQI Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of RNTY and FTQI, 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

RNTY vs. FTQI - Drawdown Comparison

The maximum RNTY drawdown since its inception was -7.91%, smaller than the maximum FTQI drawdown of -19.42%. Use the drawdown chart below to compare losses from any high point for RNTY and FTQI.

Drawdown Indicators

	RNTY	FTQI	Difference
Max Drawdown Largest peak-to-trough decline	-7.91%	-19.42%	+11.51%
Max Drawdown (1Y) Largest decline over 1 year	-7.91%	-6.24%	-1.67%
Max Drawdown (3Y) Largest decline over 3 years	—	-19.42%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.42%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-19.42%	—
Current Drawdown Current decline from peak	-0.08%	-0.85%	+0.77%
Average Drawdown Average peak-to-trough decline	-1.67%	-3.73%	+2.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.37%	1.32%	+1.05%

Volatility

RNTY vs. FTQI - Volatility Comparison

YieldMax Target 12™ Real Estate Option Income ETF (RNTY) has a higher volatility of 3.46% compared to First Trust Nasdaq BuyWrite Income ETF (FTQI) at 2.92%. This indicates that RNTY's price experiences larger fluctuations and is considered to be riskier than FTQI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RNTY	FTQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.46%	2.92%	+0.54%
Volatility (6M) Calculated over the trailing 6-month period	8.40%	8.83%	-0.43%
Volatility (1Y) Calculated over the trailing 1-year period	11.02%	10.87%	+0.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.85%	14.82%	-3.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.85%	12.98%	-2.13%

RNTY vs. FTQI - Expense Ratio Comparison

RNTY has a 0.99% expense ratio, which is higher than FTQI's 0.75% expense ratio.

Dividends

RNTY vs. FTQI - Dividend Comparison

RNTY's dividend yield for the trailing twelve months is around 11.94%, more than FTQI's 10.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTQI First Trust Nasdaq BuyWrite Income ETF	10.92%	11.46%	11.66%	11.49%	9.85%	3.05%	3.27%	2.95%	3.27%	2.74%	3.02%	3.54%
RNTY YieldMax Target 12™ Real Estate Option Income ETF	11.94%	8.28%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RNTY and FTQI in my portfolio?

RNTY and FTQI have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RNTY or FTQI?

RNTY has higher volatility (3.46%) compared to FTQI (2.92%). In terms of maximum drawdown, RNTY dropped -7.91% vs FTQI's -19.42%.

Which ETF is better, RNTY or FTQI?

On 1-year performance, FTQI leads with 26.34% vs 10.39% for RNTY. On fees, FTQI is cheaper at 0.75% per year. On volatility, FTQI has been the lower-risk option at 2.92%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RNTY or FTQI?

Over the 1-year period, FTQI has performed better with a 26.34% return vs 10.39%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RNTY or FTQI?

FTQI is cheaper with a 0.75% expense ratio, compared with 0.99% for RNTY.

Which ETF pays a higher dividend yield, RNTY or FTQI?

RNTY has the higher dividend yield at 11.94%, compared with 10.92% for FTQI.

What is the main difference between RNTY and FTQI?

RNTY is categorized as Derivative Income, while FTQI is Nasdaq-100. They also come from different issuers: YieldMax and First Trust. Their fees differ too: 0.99% for RNTY and 0.75% for FTQI.

Which has better risk-adjusted returns?

FTQI currently has the higher Sharpe Ratio (2.43 vs 0.95), 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.