HYTI vs QQQ
FT Vest High Yield & Target Income ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | HYTI | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.18% | |
| AUM | $91M | $496.3B | |
| Dividend Yield | 10.45% | 0.44% | |
| Holdings | 4 | 108 | |
| YTD Return | +2.74% | +16.64% | |
| 1Y Return | +5.56% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 2.6% | 30.6% | |
| Max Drawdown | -4.5% | -83.0% | |
| Fund Family | First Trust Portfolios (US) | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Feb 12, 2025 | Mar 10, 1999 |
HYTI vs QQQ Performance
FT Vest High Yield & Target Income ETF (HYTI) is a ETF from First Trust Portfolios (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year HYTI returned +5.56% while QQQ returned +27.27%. Year to date, HYTI is up 2.74% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 2.6% for HYTI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -4.5% for HYTI and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HYTI charges 0.65% per year while QQQ charges 0.18%. On a $10,000 position that is $65 vs $18 annually, a gap of $47 per year that compounds over a long holding period. On income, HYTI currently yields 10.45% against 0.44% for QQQ.
Frequently Asked Questions
Which is cheaper, HYTI or QQQ?
HYTI has an expense ratio of 0.65% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $47 per year of difference.
Which performed better, HYTI or QQQ?
Over the past year HYTI returned +5.56% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), HYTI annualized +6.49% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, HYTI or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 2.6% for HYTI. Worst drawdown: HYTI -4.5% vs QQQ -83.0%.
Should I hold both HYTI and QQQ?
HYTI and QQQ have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, HYTI or QQQ?
HYTI yields 10.45% while QQQ yields 0.44%, so HYTI currently pays the higher dividend yield.
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