SQY vs. FLTR

Last updated Jun 5, 2026

SQY (YieldMax SQ Option Income Strategy ETF) and FLTR (VanEck Vectors Investment Grade Floating Rate ETF) are both exchange-traded funds - SQY is a Derivative Income fund actively managed by YieldMax, while FLTR is a Corporate Bonds fund tracking the MVIS US Investment Grade Floating Rate Index. SQY is actively managed, while FLTR is passively managed. SQY charges 1.01%/yr vs 0.14%/yr for FLTR.

Performance

SQY vs. FLTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax SQ Option Income Strategy ETF (SQY) and VanEck Vectors Investment Grade Floating Rate ETF (FLTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SQY

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FLTR

• 1D: 0.04%
• 1M: 0.50%
• YTD: 1.95%
• 6M: 2.48%
• 1Y: 5.30%
• 3Y*: 6.10%
• 5Y*: 4.50%
• 10Y*: 3.50%

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

Return for Risk

SQY vs. FLTR — Risk / Return Rank

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

FLTR

FLTR Risk / Return Rank: 99
FLTR Sharpe Ratio Rank: 99
FLTR Sortino Ratio Rank: 99
FLTR Omega Ratio Rank: 99
FLTR Calmar Ratio Rank: 98
FLTR Martin Ratio Rank: 99

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.

SQY vs. FLTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax SQ Option Income Strategy ETF (SQY) and VanEck Vectors Investment Grade Floating Rate ETF (FLTR). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SQY	FLTR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	6.77	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	2.12	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.70	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.53	—

Drawdowns

Drawdown Indicators

	SQY	FLTR	Difference
Max Drawdown Largest peak-to-trough decline	—	-17.84%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-0.31%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-1.93%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-3.06%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-17.84%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-0.67%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.05%	—

Volatility

Volatility by Period

	SQY	FLTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.25%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.62%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	0.79%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	2.13%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	5.00%	—

SQY vs. FLTR - Expense Ratio Comparison

SQY has a 1.01% expense ratio, which is higher than FLTR's 0.14% expense ratio.

Dividends

SQY vs. FLTR - Dividend Comparison

SQY has not paid dividends to shareholders, while FLTR's dividend yield for the trailing twelve months is around 4.73%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLTR VanEck Vectors Investment Grade Floating Rate ETF	4.73%	4.97%	5.93%	6.07%	2.29%	0.63%	1.49%	3.05%	2.67%	1.69%	1.16%	0.71%
SQY YieldMax SQ Option Income Strategy ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, SQY or FLTR?

On fees, FLTR is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SQY or FLTR?

FLTR is cheaper with a 0.14% expense ratio, compared with 1.01% for SQY.

Which ETF pays a higher dividend yield, SQY or FLTR?

FLTR has the higher dividend yield at 4.73%, compared with 0.00% for SQY.

What is the main difference between SQY and FLTR?

SQY is categorized as Derivative Income, while FLTR is Corporate Bonds. They also come from different issuers: YieldMax and VanEck. Their fees differ too: 1.01% for SQY and 0.14% for FLTR.