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YBTY vs. FTQI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

YBTY vs. FTQI

Last updated Jul 3, 2026
See Documentation

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. A 0.68 correlation means they provide meaningful diversification when combined. 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.

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Returns By Period

In the year-to-date period, YBTY achieves a -20.32% return, which is significantly lower than FTQI's 11.74% return.

YBTY

1D
-1.08%
1M
-5.64%
6M
-20.32%
YTD
-20.32%
1Y
—
3Y*
—
5Y*
—
10Y*
—

FTQI

1D
-0.54%
1M
0.96%
6M
11.74%
YTD
11.74%
1Y
26.09%
3Y*
16.45%
5Y*
11.27%
10Y*
8.30%
*Multi-year figures are annualized to reflect compound growth (CAGR)

YBTY vs. FTQI - Yearly Performance Comparison

2026 (YTD)2025
YBTY
GraniteShares YieldBOOST TopYielders ETF		-20.32%-7.56%
FTQI
First Trust Nasdaq BuyWrite Income ETF		11.74%0.87%

Correlation

The correlation between YBTY and FTQI is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

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

96.6%
5.5%

Basic Materials

-

1.4%

Communication Services

-

11.8%

Consumer Cyclical

-

10.5%

Consumer Defensive

-

6.2%

Energy

-

2.3%

Healthcare

-

6.0%

Industrials

-

4.1%

Real Estate

-

1.3%

Technology

-

49.4%

Utilities

-

1.5%

Financial Services

YBTY
96.6%
FTQI
5.5%

Basic Materials

YBTY

-

FTQI
1.4%

Communication Services

YBTY

-

FTQI
11.8%

Consumer Cyclical

YBTY

-

FTQI
10.5%

Consumer Defensive

YBTY

-

FTQI
6.2%

Energy

YBTY

-

FTQI
2.3%

Healthcare

YBTY

-

FTQI
6.0%

Industrials

YBTY

-

FTQI
4.1%

Real Estate

YBTY

-

FTQI
1.3%

Technology

YBTY

-

FTQI
49.4%

Utilities

YBTY

-

FTQI
1.5%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

GraniteShares YieldBOOST TopYielders ETF

First Trust Nasdaq BuyWrite Income ETF

Often compared with YBTY:
YBTY vs. DHSBYBTY vs. GOOYYBTY vs. AMDWYBTY vs. ARMWYBTY vs. BARYBTY vs. IPDPYBTY vs. AMDL
Often compared with FTQI:
FTQI vs. FTHIFTQI vs. JEPQFTQI vs. QYLDFTQI vs. QQQIFTQI vs. TUGNFTQI vs. SPYIFTQI vs. SPY

Return for Risk

YBTY vs. FTQI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments 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: 8989
Overall Rank
FTQI Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
FTQI Sortino Ratio Rank: 8888
Sortino Ratio Rank
FTQI Omega Ratio Rank: 8888
Omega Ratio Rank
FTQI Calmar Ratio Rank: 8787
Calmar Ratio Rank
FTQI Martin Ratio Rank: 9393
Martin Ratio Rank
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.

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.

YBTYFTQIDifference
Sharpe ratioReturn per unit of total volatility

—

2.44

—

Sortino ratioReturn per unit of downside risk

—

3.38

—

Omega ratioGain probability vs. loss probability

—

1.46

—

Calmar ratioReturn relative to maximum drawdown

—

4.20

—

Martin ratioReturn relative to average drawdown

—

19.92

—

YBTY vs. FTQI - Sharpe Ratio Comparison

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Drawdowns

YBTY vs. FTQI - Drawdown Comparison

The maximum YBTY drawdown since its inception was -27.66%, 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.

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Drawdown Indicators

YBTYFTQIDifference

Max Drawdown

Largest peak-to-trough decline

-27.66%

-19.42%

-8.24%

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

-27.61%

-0.63%

-26.98%

Average Drawdown

Average peak-to-trough decline

-19.28%

-3.74%

-15.54%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

1.31%

—

Volatility

YBTY vs. FTQI - Volatility Comparison

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Volatility by Period

YBTYFTQIDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

3.55%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

8.66%

—

Volatility (1Y)

Calculated over the trailing 1-year period

21.04%

10.73%

+10.31%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.04%

14.83%

+6.21%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.04%

13.28%

+7.76%

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 57.70%, more than FTQI's 11.02% yield.

PositionTTM20252024202320222021202020192018201720162015
FTQI
First Trust Nasdaq BuyWrite Income ETF		11.02%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		57.70%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

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.

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.

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

YBTY has the higher dividend yield at 57.70%, compared with 11.02% for 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.

Portfolio Optimizer

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