Data as of .
FIYY vs LTTI: which paid, and which earned it?
FIYY and LTTI both write options for income.
What they hold in common
By the books each fund has filed, FIYY and LTTI hold 0% of their money in the same securities at the same weight.
| Only in FIYY | Only in LTTI |
|---|---|
| Treasury Bill 100.00% | 2026-10-30 iShares 20+ Year Treasury Bond ETF C 0.82 98.49% |
| US Dollar 0.85% | |
| U.S. Treasury Bill, 0%, due 09/29/2026 0.38% | |
| U.S. Treasury Bill, 0%, due 10/29/2026 0.38% | |
| 2026-09-25 iShares 20+ Year Treasury Bond ETF C 81.24 -0.10% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| FIYY | LTTI | FIYY | LTTI | FIYY | LTTI | |
| 3 months | +1.7% | −3.8% | 0.6% | 2.2% | +7.0 pts | +1.4 pts |
| 6 months | not published | −2.8% | not published | 4.4% | not published | +0.3 pts |
| 1 year | not published | −4.5% | not published | 8.4% | not published | +0.2 pts |
| Since launch | +0.4% | −2.1% | 1.5% | 12.9% | +3.8 pts | −0.4 pts |
| FIYY GraniteShares YieldBOOST 20Y+ Treasuries ETF Synthetic covered call on TLT, paying weekly | LTTI FT Vest 20+ Year Treasury & Target Income ETF Option income on TLT, paying monthly | |
|---|---|---|
| Issuer | GraniteShares | First Trust |
| Strategy | synthetic covered call | option income |
| Benchmark | 20+ year Treasuries (TLT) | 20+ Year Treasury (TLT) |
| Pays | weekly | monthly |
| Payout rate, annualized | 2.0% | 9.3% |
| Expense ratio | 1.07% | 0.65% |
| Cash paid, 1 year | 1.5% (since launch on May 5, 2026) | 8.4% |
| Price change, 1 year | −1.1% | −12.6% |
| Total return, 1 year | +0.4% (since launch on May 5, 2026) | −4.5% |
| Benchmark return, 1 year | −3.4% | −4.7% |
| Ahead or behind | +3.8 pts | +0.2 pts |
| Return of capital, latest estimate | 79% | not published |
| Age | 136 days | 582 days |
| Net assets | $743,679 | $15m |
FIYY in plain words
Over the period since launch on May 5, 2026 to Sep 18, 2026, FIYY paid 1.5% of its starting value in cash distributions while its price fell 1.1%. With every distribution reinvested, the fund returned +0.4%. 20+ year Treasuries (TLT) returned −3.4% over the same days, so a holder was ahead by 3.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 2.0%, paid weekly. GraniteShares estimates that 79% of the distribution paid Jul 7, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
LTTI in plain words
Over the year to Sep 18, 2026, LTTI paid 8.4% of its starting value in cash distributions while its price fell 12.6%. With every distribution reinvested, the fund returned −4.5%. 20+ Year Treasury (TLT) returned −4.7% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 9.3%, paid monthly.
Questions people ask
- Which is cheaper, FIYY or LTTI?
- FIYY charges 1.07% a year and LTTI charges 0.65%, so LTTI is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, FIYY against LTTI, data as of Sep 18, 2026. https://etfiq.com/compare/income/fiyy-vs-ltti Free to use with attribution; the underlying files are at Open data.