Data as of .
HYGW vs LQTI: which paid, and which earned it?
Over the year HYGW paid 9.9% of its price in cash against LQTI’s 8.5%, and returned more with it reinvested.
ETFIQ Return Stability Score: HYGW scores higher
Was the payout funded by returns, or by your own capital?
A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed
What they hold in common
By the books each fund has filed, HYGW and LQTI hold 0% of their money in the same securities at the same weight.
| Only in HYGW | Only in LQTI |
|---|---|
| BLK CSH FND TREASURY SL AGENCY 1.14% | 2026-10-30 iShares iBoxx $ Investment Gr 98.40% |
| 1261229 BC LTD 144A 0.57% | US Dollar 0.83% |
| ECHOSTAR CORP 0.48% | U.S. Treasury Bill, 0%, due 09/29/2026 0.43% |
| MERIDIAN ARC HOLDCO LLC 144A 0.48% | U.S. Treasury Bill, 0%, due 10/29/2026 0.43% |
| PR RNO PROPERTY OWNER 1 LLC 144A 0.36% | 2026-09-25 iShares iBoxx $ Investment Gr -0.09% |
| CLOUD SOFTWARE GROUP INC 144A 0.35% | |
| CLOUD SOFTWARE GROUP INC 144A 0.32% | |
| QUIKRETE HOLDINGS INC 144A 0.32% |
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 Sep 17, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| HYGW | LQTI | HYGW | LQTI | HYGW | LQTI | |
| 3 months | +0.1% | −2.5% | 1.9% | 2.2% | +0.5 pts | +0.4 pts |
| 6 months | +2.8% | −0.2% | 5.4% | 4.4% | +0.2 pts | +0.3 pts |
| 1 year | +4.0% | −1.4% | 9.9% | 8.5% | +1.5 pts | +0.6 pts |
| 3 years | +16.9% | not published | 32.1% | not published | −9.1 pts | not published |
| Since launch | +24.5% | +4.7% | 45.9% | 13.4% | −6.8 pts | +0.1 pts |
| HYGW iShares High Yield Corporate Bond BuyWrite Strategy ETF Covered call on HYG, paying monthly | LQTI FT Vest Investment Grade & Target Income ETF Option income on LQD, paying monthly | |
|---|---|---|
| Issuer | iShares | First Trust |
| Strategy | covered call | option income |
| Benchmark | US high yield bonds (HYG) | US investment grade bonds (LQD), used as the proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 7.5% | 9.2% |
| Expense ratio | 0.69% | 0.65% |
| Cash paid, 1 year | 9.9% | 8.5% |
| Price change, 1 year | −6.0% | −9.7% |
| Total return, 1 year | +4.0% | −1.4% |
| Benchmark return, 1 year | +2.6% | −2.0% |
| Ahead or behind | +1.5 pts | +0.6 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1488 days | 582 days |
| Net assets | $111m | $242m |
HYGW in plain words
Over the year to Sep 18, 2026, HYGW paid 9.9% of its starting value in cash distributions while its price fell 6.0%. With every distribution reinvested, the fund returned +4.0%. US high yield bonds (HYG) returned +2.6% over the same days, so a holder was ahead by 1.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 7.5%, paid monthly.
LQTI in plain words
Over the year to Sep 18, 2026, LQTI paid 8.5% of its starting value in cash distributions while its price fell 9.7%. With every distribution reinvested, the fund returned −1.4%. US investment grade bonds (LQD), used as the proxy returned −2.0% over the same days, so a holder was ahead by 0.6 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.2%, paid monthly.
Questions people ask
- Which paid more, HYGW or LQTI?
- Over the year to Sep 18, 2026, HYGW paid 9.9% of its starting price in cash and LQTI paid 8.5%, so HYGW paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, HYGW or LQTI?
- With every distribution reinvested, HYGW returned +4.0% and LQTI returned −1.4% over the year to Sep 18, 2026, so HYGW returned more.
- Which is cheaper, HYGW or LQTI?
- HYGW charges 0.69% a year and LQTI charges 0.65%, so LQTI 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, HYGW against LQTI, data as of Sep 18, 2026. https://etfiq.com/compare/income/hygw-vs-lqti Free to use with attribution; the underlying files are at Open data.