LTTI vs SPY
FT Vest 20+ Year Treasury & Target Income ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, LTTI or SPY?
Multi Alternative against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | LTTI | SPY |
|---|---|---|
| Expense Ratio | 0.65% | 0.09%Best |
| AUM | $15M | $804.7B |
| Dividend Yield | 9.50% | 0.98% |
| Holdings | 12 | 505 |
| YTD Return | -3.32% | +13.81%Best |
| 1Y Return | -3.52% | +16.94%Best |
| 3Y Return (annualized) | - | +22.84% |
| 5Y Return (annualized) | - | +13.50% |
| Volatility (annualized) | 7.8%Best | 13.0% |
| Max Drawdown | -9.0%Best | -18.8% |
| $10,000 over 1.6 years | $9,845 | $12,893Best |
| Fund Family | First Trust Portfolios (US) | State Street Investment Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Feb 12, 2025 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Feb 13, 2025 to Sep 22, 2026 (1.6 years).
LTTI vs SPY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.6 years both funds cover.
LTTI vs SPY Performance
FT Vest 20+ Year Treasury & Target Income ETF (LTTI) is an ETF from First Trust Portfolios (US) and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year LTTI returned -3.52% while SPY returned +16.94%. Year to date, LTTI is down 3.32% versus a gain of 13.81% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 13.0% compared with 7.8% for LTTI. 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 -9.0% for LTTI and -18.8% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.19. They move largely independently of each other.
Fees and Cost Over Time
LTTI charges 0.65% per year while SPY charges 0.09%. On a $10,000 position that is $65 vs $9 annually, a gap of $56 per year that compounds over a long holding period. On income, LTTI currently yields 9.50% against 0.98% for SPY.
You are not choosing between two funds in isolation.
Whichever of LTTI and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, LTTI or SPY?
LTTI has an expense ratio of 0.65% while SPY charges 0.09%. SPY is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, LTTI or SPY?
Over the past year LTTI returned -3.52% vs +16.94% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), LTTI annualized -0.97% vs +17.21% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LTTI or SPY?
SPY has been the more volatile fund at 13.0% annualized versus 7.8% for LTTI. Worst drawdown: LTTI -9.0% vs SPY -18.8%.
Should I hold both LTTI and SPY?
LTTI and SPY have a monthly-return correlation of 0.19, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, LTTI or SPY?
LTTI yields 9.50% while SPY yields 0.98%, so LTTI currently pays the higher dividend yield.
Is SPY better than LTTI?
SPY has a lower expense ratio. SPY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.