Data as of Nov 4, 2026.
HYGW vs LQTI: Dividend Yield & Total Return
Over the year to Nov 4, 2026, HYGW paid 10.5% of its price in cash against LQTI’s 8.6%, and returned more with it reinvested.
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Net assets: $109m on Nov 4, 2026 for iShares HYG Premium Income+ ETF, and $185m on Nov 3, 2026 for FT Vest Investment Grade & Target Income ETF.
1.3 pts ahead of HYG
HYGW over 1 year: paid 10.5%, price −6.8%, total +3.9%, HYG +2.6%, +1.3 pts. Data to Nov 4, 2026.
HYG
+2.6%
HYGW
+3.9%
10.5% of it arrived as cash
1.3 pts ahead of HYG
Total return, distributions reinvested
1.3 pts ahead of HYG
HYGW over 1 year: paid 10.5%, price −6.8%, total +3.9%, HYG +2.6%, +1.3 pts. Data to Nov 4, 2026.
HYG
+2.6%
HYGW
+3.9%
10.5% as cash
1.3 pts ahead of HYG
10.5% of it arrived as cash. Total return, distributions reinvested. HYGW over 1 year: paid 10.5%, price −6.8%, total +3.9%, HYG +2.6%, +1.3 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.About even with LQD
LQTI over 1 year: paid 8.6%, price −9.1%, total −0.6%, LQD −1.1%, +0.5 pts. Data to Nov 4, 2026.
LQD
−1.1%
LQTI
−0.6%
about even with LQD
Total return, distributions reinvested
About even with LQD
LQTI over 1 year: paid 8.6%, price −9.1%, total −0.6%, LQD −1.1%, +0.5 pts. Data to Nov 4, 2026.
LQD
−1.1%
LQTI
−0.6%
about even with LQD
8.6% of it arrived as cash. Both charts share one scale, with zero at the line. LQTI over 1 year: paid 8.6%, price −9.1%, total −0.6%, LQD −1.1%, +0.5 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
LQTI costs 0.04 points a year less; their one-year returns differ by 4.5 points; LQTI is 1.7 times larger.
Points (pts) are percentage points.
| Measure | HYGW | LQTI |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +3.9% | −0.6% |
| Price change, 1 year | fell 6.8% | fell 9.1% |
| Return of capital, issuer estimate | 64% of the Oct 7, 2026 payment | 100% of the Nov 3, 2026 payment |
| Against its benchmark | ||
| Benchmark | US high yield bonds, measured through HYG | US investment grade bonds, measured through LQD |
| Cost and size | ||
| Expense ratio | 0.69% | 0.65% |
| Net assets, as of Nov 3, 2026 | $108m | $185m |
| Holdings | ||
| Holdings in common | 0% | |
How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed
One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →
Risk and return
Feb 21, 2025 to Oct 30, 2026 · 88 weekly returnsEach against its own benchmark: HYGW against HYG, Sep 2, 2022 to Oct 30, 2026; LQTI against LQD, Feb 21, 2025 to Oct 30, 2026.
From Feb 2025 to Oct 2026, HYGW returned more: +7.5% to +4.2%. HYGW swung less: 3.2% to 5.5%. HYGW fell less at its worst: −2.8% to −5.3%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | HYGW | LQTI | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +7.5% | +4.2% | HYGW | Price change plus distributions, reinvested. |
| Annualized | +4.4% | +2.5% | HYGW | Total return as a yearly rate. |
| Price return | −11.4% | −9.8% | LQTI | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 3.2% | 5.5% | HYGW | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 2.5% | 4.4% | HYGW | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −2.8% | −5.3% | HYGW | Deepest fall from a high to the low after it. |
| Upside capture | 56.1% | 87.7% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 51.8% | 88.0% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 0.55 | 0.90 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 0.73 | 0.94 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 0.11 | −0.26 | HYGW | Return above Treasury bills per unit of volatility. |
| Sortino | 0.14 | −0.32 | HYGW | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.020 | −0.015 | Return above Treasury bills per unit of beta. | |
| Calmar | 1.57 | 0.46 | HYGW | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | HYG | LQD | The ETF each fund is measured against. | |
| Alpha | −0.2% a year | −0.1% a year | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | −0.18 | −0.06 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −2.1% to +1.8% | −2.2% to +2.0% | Includes zero | The 95% range for the yearly alpha. |
| Information ratio | −0.37 | 0.06 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 3.4% | 1.5% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 88 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, HYGW and LQTI hold 0% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.
half
0% in common
Only in one fund ↓
Side by side
As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.
Window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | HYGW | LQTI | HYGW | LQTI | HYGW | LQTI |
| 3 months | −0.3% | −0.4% | 3.0% | 2.2% | +0.7 pts | +0.4 pts |
| 6 months | +1.1% | −1.7% | 5.1% | 4.4% | +1.5 pts | +0.3 pts |
| 1 year | +3.9% | −0.6% | 10.5% | 8.6% | +1.3 pts | +0.5 pts |
| 3 years | +19.1% | – | 33.2% | – | −5.3 pts | – |
| Since launchNot the same days: HYGW Aug 2022 · LQTI Feb 2025 | +24.8% | +5.4% | 47.7% | 14.8% | −6.1 pts | +0.1 pts |
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HYGW
Over the year to Nov 4, 2026, HYGW paid 10.5% of its starting value in cash distributions while its price fell 6.8%. With every distribution reinvested, the fund returned +3.9%. US high yield bonds (HYG) returned +2.6% over the same days, so a holder was ahead by 1.3 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 13.8%, paid monthly. iShares estimates that 64% of the distribution paid Oct 7, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
LQTI
Over the year to Nov 4, 2026, LQTI paid 8.6% of its starting value in cash distributions while its price fell 9.1%. With every distribution reinvested, the fund returned −0.6%. US investment grade bonds (LQD) returned −1.1% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 9.2%, paid monthly. First Trust estimates that 100% of the distribution paid Nov 3, 2026 was a return of capital (its 19a-1 notice).
Questions people ask
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How this is computed
It is a place in a set, not a rating or a recommendation.
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
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ETFIQ, HYGW against LQTI, data as of Nov 4, 2026. https://etfiq.com/compare/income/hygw-vs-lqti
ETFIQ. (Nov 4, 2026). HYGW against LQTI. Retrieved from https://etfiq.com/compare/income/hygw-vs-lqti
[HYGW against LQTI (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/hygw-vs-lqti)
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