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Launched

FT Vest High Yield & Target Income ETF

HYTINYSE ArcaFirst TrustB

$18.16−0.13 (−0.71%)

At close: Nov 2, 2026, 4:00 PM ET

B66/ 100

Rank 6 of 25 in Index Option Income

B66/100Rank 6 of 25inIndex Option Income
Intraday session: down, 79 prints from 18.29 to 18.16. Range 18.16 to 18.29. Use the arrow keys to read each point.18.1818.2018.2318.2518.2710 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$85M
1Y total return
+2.9%
Yield · Last 12 months
10.68%
Holdings
5
Avg volume · 30D
36.6K sh
52W range
low $18.13high $20.14
Launched

The ETF.net HYTI Grade

B

Score 66 out of 100

Category
Index Option Income⁠
Rank
6 of 25
Six-pillar profile for HYTI. Scores out of 100: Cost 81, Risk 76, Mission 100, Tradability 41, Holdings 46, Durability 63. Strongest: Mission (100). Weakest: Tradability (41). Leans toward Mission.

Score 66 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A81 out of 100
    Rank 5 of 25

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 5

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A76 out of 100
    Rank 2 of 25

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C41 out of 100
    Rank 18 of 25

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C46 out of 100
    Rank 12 of 19

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B63 out of 100
    Rank 10 of 25

Our read on HYTI

ETF.net Research

In short

BHigh yield income without owning high yield bonds. HYTI holds U.S. Treasuries and layers purchased and written call options on a high yield corporate bond ETF, seeking current income paid monthly.

Stated mandate

The Fund seeks current income, with capital appreciation as a secondary objective. Its strategy combines U.S. Treasury securities with purchased and written call options on the iShares iBoxx High Yield Corporate Bond ETF.

Why people hold it

  • Undercuts the typical options-income fund on fee: 0.65% a year versus a 0.75% category median.
  • The credit exposure is synthetic. Collateral sits in U.S. Treasuries and the high yield tilt comes from options, so there is no basket of individual junk bonds underneath.ftportfolios.com
  • Income is designed to arrive monthly, and the portfolio matches the mandate its documents describe: Treasuries plus the option overlay, nothing bolted on.
  • Lands in the upper half of a crowded field of index-overlay options-income funds on our review.

Worth knowing

  • Written calls are the engine and the ceiling. Selling them funds the income, and it gives up part of any sharp rally in the reference ETF.ftportfolios.com
  • Thinly traded, so bid-ask spreads can run wider and less predictably than on the big bond index ETFs.
  • Launched in 2025, so the record does not yet span a full credit cycle.

HYTI Holdings

Holdings pillarC46 out of 100Rank 12 of 19 in Index Option Income
Asset class
Other
Holdings
5
Top-10 weight
100%
Largest holding
2027-01-29 iShares iBoxx $ High Yield Corporate Bond ETF C 0.7796.4%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No data2027-01-29 iShares iBoxx $ High Yield Corporate Bond ETF C 0.7796.41%10,832$81.6M1
2No dataUS Dollar2.00%1,689,287$1.69M408
3No dataU.S. Treasury Bill, 0%, due 12/31/20260.56%478,400$475K21
4No dataU.S. Treasury Bill, 0%, due 01/28/20270.56%478,400$474K15
5No dataU.S. Treasury Bill, 0%, due 11/27/20260.55%469,200$468K29

Showing 1–5 of 5 holdings

HYTI Performance

Launched Feb 12, 2025

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
HYTI$10,289
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. HYTI $10,289. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for HYTI. Periods over one year show the average yearly return.
PeriodHYTI
Year to date+1.5%
1 month+1.2%
3 months−0.3%
1 year+2.9%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for HYTI
YearReturn barHYTI
2026 YTD+1.5%
2025+7.3%

Since listing, Feb 12, 2025

HYTI in the news

HYTI Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
10.68%Last 12 months
Payout per share
$1.97Last 12 months
Last payment
$0.16 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2025–2026

One bar per payment. 19 payments from 2025 to 2026 YTD. Apr 1, 2025 $0.26; May 1, 2025 $0.17; Jun 2, 2025 $0.17; Jul 1, 2025 $0.17; Aug 1, 2025 $0.17; Sep 2, 2025 $0.17; Oct 1, 2025 $0.17; Nov 3, 2025 $0.17; Dec 1, 2025 $0.17; Jan 2, 2026 $0.17; Feb 2, 2026 $0.16; Mar 2, 2026 $0.16; Apr 1, 2026 $0.16; May 1, 2026 $0.17; Jun 1, 2026 $0.17; Jul 1, 2026 $0.16; Aug 3, 2026 $0.16; Sep 1, 2026 $0.16; Oct 1, 2026 $0.16. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Pays Nov 3, 2026$0.16
Oct 1, 2026Oct 2, 2026$0.16
Sep 1, 2026Sep 2, 2026$0.16
Aug 3, 2026Aug 4, 2026$0.16
Jul 1, 2026Jul 2, 2026$0.16
Jun 1, 2026Jun 2, 2026$0.17
May 1, 2026May 4, 2026$0.17
Apr 1, 2026Apr 2, 2026$0.16
Mar 2, 2026Mar 3, 2026$0.16
Feb 2, 2026Feb 3, 2026$0.16
Jan 2, 2026Jan 5, 2026$0.17
Dec 1, 2025Dec 2, 2025$0.17

See all 20 payments⁠

$10,000 in HYTI 1 year ago paid $992 in dividends.⁠

HYTI Risk

Risk pillarA76 out of 100Rank 2 of 25 in Index Option Income
How much the fund’s monthly returns vary, scaled to a year.
3.4%
Annualised · 20 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.23
vs 3-month T-bills · 20 months to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−4.5%
20 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.14
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

HYTI Cost

Compare HYTI and LQDW

Overpaying vs LQDW, cheapest in Index Option Income

$5,785

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • HYTI 0.65%

    $12,717

  • LQDW 0.34% Cheapest

    $6,932

$10,000
30 years

Cost over time

  • HYTI 0.65%
  • LQDW 0.34%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530HYTI $12,717LQDW $6,932

Year by year

YearHYTILQDWOverpaying
10$1,163$616$547
20$4,440$2,386$2,054
30$12,717$6,932$5,785

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