Data as of .
HYTI vs TLTW: which paid, and which earned it?
Over the year HYTI paid 9.9% of its price in cash against TLTW’s 9.6%, and returned more with it reinvested.
ETFIQ Return Stability Score: TLTW 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, HYTI and TLTW hold 0% of their money in the same securities at the same weight.
| Only in HYTI | Only in TLTW |
|---|---|
| 2026-10-30 iShares iBoxx $ High Yield Co 98.16% | TREASURY BOND 4.55% |
| US Dollar 0.73% | TREASURY BOND 4.32% |
| U.S. Treasury Bill, 0%, due 10/29/2026 0.60% | TREASURY BOND 4.22% |
| U.S. Treasury Bill, 0%, due 09/29/2026 0.59% | TREASURY BOND (2OLD) 4.17% |
| 2026-09-25 iShares iBoxx $ High Yield Co -0.08% | TREASURY BOND 4.08% |
| TREASURY BOND (OLD) 4.06% | |
| TREASURY BOND 4.02% | |
| TREASURY BOND 3.98% |
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 | |||
|---|---|---|---|---|---|---|
| HYTI | TLTW | HYTI | TLTW | HYTI | TLTW | |
| 3 months | −0.2% | −4.3% | 2.5% | 1.9% | +0.2 pts | +0.9 pts |
| 6 months | +2.6% | −1.6% | 5.1% | 4.3% | +0.1 pts | +1.5 pts |
| 1 year | +3.2% | −0.5% | 9.9% | 9.6% | +0.6 pts | +4.2 pts |
| 3 years | not published | +5.2% | not published | 33.6% | not published | +5.8 pts |
| Since launch | +8.8% | −4.0% | 15.4% | 41.3% | +0.7 pts | +11.4 pts |
| HYTI FT Vest High Yield & Target Income ETF Option income on HYG, paying monthly | TLTW iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Covered call on TLT, paying monthly | |
|---|---|---|
| Issuer | First Trust | iShares |
| Strategy | option income | covered call |
| Benchmark | US high yield bonds (HYG), used as the proxy | 20+ Year Treasury (TLT) |
| Pays | monthly | monthly |
| Payout rate, annualized | 10.4% | 7.5% |
| Expense ratio | 0.65% | 0.35% |
| Cash paid, 1 year | 9.9% | 9.6% |
| Price change, 1 year | −6.8% | −9.9% |
| Total return, 1 year | +3.2% | −0.5% |
| Benchmark return, 1 year | +2.6% | −4.7% |
| Ahead or behind | +0.6 pts | +4.2 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 582 days | 1488 days |
| Net assets | $94m | $1.8bn |
HYTI in plain words
Over the year to Sep 18, 2026, HYTI paid 9.9% of its starting value in cash distributions while its price fell 6.8%. With every distribution reinvested, the fund returned +3.2%. US high yield bonds (HYG), used as the proxy returned +2.6% 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 10.4%, paid monthly.
TLTW in plain words
Over the year to Sep 18, 2026, TLTW paid 9.6% of its starting value in cash distributions while its price fell 9.9%. With every distribution reinvested, the fund returned −0.5%. 20+ Year Treasury (TLT) returned −4.7% over the same days, so a holder was ahead by 4.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 7.5%, paid monthly.
Questions people ask
- Which paid more, HYTI or TLTW?
- Over the year to Sep 18, 2026, HYTI paid 9.9% of its starting price in cash and TLTW paid 9.6%, so HYTI paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, HYTI or TLTW?
- With every distribution reinvested, HYTI returned +3.2% and TLTW returned −0.5% over the year to Sep 18, 2026, so HYTI returned more.
- Which is cheaper, HYTI or TLTW?
- HYTI charges 0.65% a year and TLTW charges 0.35%, so TLTW 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, HYTI against TLTW, data as of Sep 18, 2026. https://etfiq.com/compare/income/hyti-vs-tltw Free to use with attribution; the underlying files are at Open data.