SQY vs. LQTI

Last updated Jun 5, 2026

SQY (YieldMax SQ Option Income Strategy ETF) and LQTI (FT Vest Investment Grade & Target Income ETF) are both Derivative Income funds. Both are actively managed. SQY charges 1.01%/yr vs 0.65%/yr for LQTI.

Performance

SQY vs. LQTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax SQ Option Income Strategy ETF (SQY) and FT Vest Investment Grade & Target Income ETF (LQTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SQY

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

LQTI

• 1D: 0.47%
• 1M: 0.49%
• YTD: 0.63%
• 6M: 0.68%
• 1Y: 5.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

SQY vs. LQTI — Risk / Return Rank

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

LQTI

LQTI Risk / Return Rank: 31
LQTI Sharpe Ratio Rank: 31
LQTI Sortino Ratio Rank: 30
LQTI Omega Ratio Rank: 29
LQTI Calmar Ratio Rank: 34
LQTI Martin Ratio Rank: 34

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. LQTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax SQ Option Income Strategy ETF (SQY) 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.

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

Sharpe Ratios by Period

	SQY	LQTI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.10	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.94	—

Drawdowns

Drawdown Indicators

	SQY	LQTI	Difference
Max Drawdown Largest peak-to-trough decline	—	-3.41%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-3.41%	—
Current Drawdown Current decline from peak	—	-0.97%	—
Average Drawdown Average peak-to-trough decline	—	-0.88%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.11%	—

Volatility

Volatility by Period

	SQY	LQTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.67%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.04%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	5.12%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	5.97%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	5.97%	—

SQY vs. LQTI - Expense Ratio Comparison

SQY has a 1.01% expense ratio, which is higher than LQTI's 0.65% expense ratio.

Dividends

SQY vs. LQTI - Dividend Comparison

SQY has not paid dividends to shareholders, while LQTI's dividend yield for the trailing twelve months is around 9.07%.

Position	TTM	2025
LQTI FT Vest Investment Grade & Target Income ETF	9.07%	7.01%
SQY YieldMax SQ Option Income Strategy ETF	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, SQY or LQTI?

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, SQY or LQTI?

LQTI is cheaper with a 0.65% expense ratio, compared with 1.01% for SQY.

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

LQTI has the higher dividend yield at 9.07%, compared with 0.00% for SQY.

What is the main difference between SQY and LQTI?

They also come from different issuers: YieldMax and FT Vest. Their fees differ too: 1.01% for SQY and 0.65% for LQTI.