VAIE vs. FTQI

Last updated Jun 28, 2026

VAIE (VegaShares US Equity Autocallable Income ETF) and FTQI (First Trust Nasdaq BuyWrite Income ETF) are both exchange-traded funds - VAIE is a Derivative Income fund actively managed by VegaShares, while FTQI is a Nasdaq-100 fund tracking the NASDAQ-100 Index. VAIE is actively managed, while FTQI is passively managed. Their correlation of 0.83 suggests significant overlap in exposure.

Performance

VAIE vs. FTQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VegaShares US Equity Autocallable Income ETF (VAIE) and First Trust Nasdaq BuyWrite Income ETF (FTQI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VAIE

• 1D: -0.25%
• 1M: -2.99%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FTQI

• 1D: -0.37%
• 1M: -0.47%
• YTD: 10.11%
• 6M: 9.11%
• 1Y: 24.70%
• 3Y*: 16.45%
• 5Y*: 10.81%
• 10Y*: 8.39%

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

VAIE vs. FTQI - Yearly Performance Comparison

	2026 (YTD)
VAIE VegaShares US Equity Autocallable Income ETF	-1.07%
FTQI First Trust Nasdaq BuyWrite Income ETF	2.23%

Correlation

The correlation between VAIE and FTQI is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 12, 2026	0.83

Return for Risk

VAIE vs. FTQI — Risk / Return Rank

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

VAIE

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

FTQI

FTQI Risk / Return Rank: 86
FTQI Sharpe Ratio Rank: 84
FTQI Sortino Ratio Rank: 84
FTQI Omega Ratio Rank: 85
FTQI Calmar Ratio Rank: 84
FTQI Martin Ratio Rank: 91

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.

VAIE vs. FTQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VegaShares US Equity Autocallable Income ETF (VAIE) 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.

	VAIE	FTQI	Difference
Sharpe ratio: Return per unit of total volatility	—	2.35	—
Sortino ratio: Return per unit of downside risk	—	3.25	—
Omega ratio: Gain probability vs. loss probability	—	1.45	—
Calmar ratio: Return relative to maximum drawdown	—	4.01	—
Martin ratio: Return relative to average drawdown	—	19.01	—

Drawdowns

VAIE vs. FTQI - Drawdown Comparison

The maximum VAIE drawdown since its inception was -4.80%, smaller than the maximum FTQI drawdown of -19.42%. Use the drawdown chart below to compare losses from any high point for VAIE and FTQI.

Drawdown Indicators

	VAIE	FTQI	Difference
Max Drawdown Largest peak-to-trough decline	-4.80%	-19.42%	+14.62%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.24%	—
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	-3.77%	-1.45%	-2.32%
Average Drawdown Average peak-to-trough decline	-1.69%	-3.74%	+2.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.31%	—

Volatility

Volatility by Period

	VAIE	FTQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.19%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.53%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.09%	10.63%	+3.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.09%	14.82%	-0.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.09%	13.28%	+0.81%

Dividends

VAIE vs. FTQI - Dividend Comparison

VAIE's dividend yield for the trailing twelve months is around 1.89%, less than FTQI's 11.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTQI First Trust Nasdaq BuyWrite Income ETF	11.18%	11.46%	11.66%	11.49%	9.85%	3.05%	3.27%	2.95%	3.27%	2.74%	3.02%	3.54%
VAIE VegaShares US Equity Autocallable Income ETF	1.89%	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

Can I hold both VAIE and FTQI in my portfolio?

VAIE and FTQI have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

FTQI has the higher dividend yield at 11.18%, compared with 1.89% for VAIE.

What is the main difference between VAIE and FTQI?

VAIE is categorized as Derivative Income, while FTQI is Nasdaq-100. They also come from different issuers: VegaShares and First Trust.