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LQTI vs HYLS

FT Vest Investment Grade & Target Income ETF vs First Trust Tactical High Yield ETF

LQTI

FT Vest Investment Grade & Target Income ETF

First Trust

Annual cost

0.65%

Fund size

$276M

HYLS

First Trust Tactical High Yield ETF

First Trust

Annual cost

0.69%

Fund size

$1.6B

Key differences

  • HYLS is significantly larger than LQTI — larger funds tend to be more liquid and less likely to close.
  • LQTI follows a option income strategy; HYLS uses long short.
  • HYLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

LQTIHYLS
Annual cost (TER)0.65%0.69%
Fund size (AUM)$276M$1.6B
Since20252013
Dividend yield9.07%6.65%
Asset classalternativealternative
Regionnorth america
Strategyoption incomelong short
CAGR 1Y+6.3%+6.1%
CAGR 3YN/A+8.0%
CAGR 5YN/A+3.0%
Sharpe 3YN/A0.89
Volatility 1Y5.14%3.57%
Max drawdown-3.41%-22.99%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to LQTI and HYLS