YBTY vs. FTQI

Last updated Aug 2, 2026

YBTY (GraniteShares YieldBOOST TopYielders ETF) and FTQI (First Trust Nasdaq BuyWrite Income ETF) are both exchange-traded funds - YBTY is a Derivative Income fund actively managed by GraniteShares, while FTQI is a Nasdaq-100 fund tracking the NASDAQ-100 Index. YBTY is actively managed, while FTQI is passively managed. Their 0.68 correlation means they have sometimes moved together and sometimes differently. YBTY charges 1.38%/yr vs 0.75%/yr for FTQI.

Performance

YBTY vs. FTQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST TopYielders ETF (YBTY) 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, YBTY achieves a -24.66% return, which is significantly lower than FTQI's 11.44% return.

YBTY

• 1D: -0.56%
• 1M: -5.44%
• 6M: -20.86%
• YTD: -24.66%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

FTQI

• 1D: 0.46%
• 1M: -0.27%
• 6M: 10.16%
• YTD: 11.44%
• 1Y: 23.81%
• 3Y*: 15.86%
• 5Y*: 11.76%
• 10Y*: 7.96%
• ALL TIME*: 6.96%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FTQI First Trust Nasdaq BuyWrite Income ETF	$11.90M	$8.88M	$6.02M
YBTY GraniteShares YieldBOOST TopYielders ETF	$43.99K	$66.73K	$58.36K

YBTY vs. FTQI - Yearly Performance Comparison

	2026 (YTD)	2025
YBTY GraniteShares YieldBOOST TopYielders ETF	-24.66%	-7.56%
FTQI First Trust Nasdaq BuyWrite Income ETF	11.44%	0.87%

Correlation

The correlation between YBTY and FTQI is 0.68, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 16, 2025	0.68

YBTY vs. FTQI - Sectors Allocation Comparison

Sectors	YBTY	FTQI
Financial Services	96.0%	5.2%
Basic Materials	-	1.1%
Communication Services	-	8.5%
Consumer Cyclical	-	11.6%
Consumer Defensive	-	7.4%
Energy	-	2.2%
Healthcare	-	7.6%
Industrials	-	6.3%
Real Estate	-	1.1%
Technology	-	47.4%
Utilities	-	1.5%

Return for Risk

YBTY vs. FTQI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

YBTY

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

FTQI

FTQI Risk / Return Rank: 88
FTQI Sharpe Ratio Rank: 86
FTQI Sortino Ratio Rank: 86
FTQI Omega Ratio Rank: 85
FTQI Calmar Ratio Rank: 89
FTQI Martin Ratio Rank: 92

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

YBTY vs. FTQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST TopYielders ETF (YBTY) 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.

	YBTY	FTQI	Difference
Sharpe ratio: Return per unit of total volatility	—	2.02	—
Sortino ratio: Return per unit of downside risk	—	2.84	—
Omega ratio: Gain probability vs. loss probability	—	1.37	—
Calmar ratio: Return relative to maximum drawdown	—	3.63	—
Martin ratio: Return relative to average drawdown	—	16.41	—

Drawdowns

YBTY vs. FTQI - Drawdown Comparison

The maximum YBTY drawdown since its inception was -31.72%, which is greater than FTQI's maximum drawdown of -19.42%. Use the drawdown chart below to compare losses from any high point for YBTY and FTQI.

Drawdown Indicators

	YBTY	FTQI	Difference
Max Drawdown Largest peak-to-trough decline	-31.72%	-19.42%	-12.30%
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	-31.55%	-2.01%	-29.54%
Average Drawdown Average peak-to-trough decline	-20.62%	-3.72%	-16.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.38%	—

Volatility

Volatility by Period

	YBTY	FTQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.63%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.09%	—
Volatility (1Y) Calculated over the trailing 1-year period	20.19%	11.24%	+8.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.19%	14.79%	+5.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.19%	12.93%	+7.26%

YBTY vs. FTQI - Expense Ratio Comparison

YBTY has a 1.38% expense ratio, which is higher than FTQI's 0.75% expense ratio.

Dividends

YBTY vs. FTQI - Dividend Comparison

YBTY's dividend yield for the trailing twelve months is around 69.07%, more than FTQI's 11.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTQI First Trust Nasdaq BuyWrite Income ETF	11.28%	11.46%	11.66%	11.49%	9.85%	3.05%	3.27%	2.95%	3.27%	2.74%	3.02%	3.54%
YBTY GraniteShares YieldBOOST TopYielders ETF	69.07%	4.10%	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 YBTY and FTQI in my portfolio?

YBTY and FTQI have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, YBTY or FTQI?

On fees, FTQI is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, YBTY or FTQI?

FTQI is cheaper with a 0.75% expense ratio, compared with 1.38% for YBTY.

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

YBTY has the higher dividend yield at 69.07%, compared with 11.28% for FTQI.

What is the main difference between YBTY and FTQI?

YBTY is categorized as Derivative Income, while FTQI is Nasdaq-100. They also come from different issuers: GraniteShares and First Trust. Their fees differ too: 1.38% for YBTY and 0.75% for FTQI.