IYLD vs LOTI: Grades, Fees and Holdings Compared

iShares Morningstar Multi-Asset Income ETF

IYLDACboe

Liberty One Tactical Income ETF

LOTIBNasdaq

Overlap

0.0%by weight

Expense ratio

IYLD −0.51pt a year

IYLD0.50%LOTI1.01%

Avg volume · 30D

IYLD 3.4×the volume

IYLD18.7KLOTI5.55K

IYLD vs LOTI Performance

Oct 31, 2025 – Nov 2, 2026

+6.7%IYLD+8.1%LOTI

Expense ratio: IYLD 0.50%, better; LOTI 1.01%
Fund size: IYLD $129M; LOTI $50M
1Y total return: IYLD +6.7%; LOTI +8.1%, better
Yield (12M): IYLD 4.78%; LOTI No data
Holdings: IYLD 19355; LOTI 35
Avg volume (30D): IYLD 18.7K sh, better; LOTI 5.55K sh
NAV per share: IYLD $21.64; LOTI $26.52
52W range

ETF.net Grade

Pillar letters and Scores for IYLD, LOTI, with each pillar’s weight
Pillar	IYLD	LOTI
Cost30% weight	A79Higher	D29
Mission25% weight	A100Higher	A90
Risk15% weight	B65	B65
Tradability15% weight	C53Higher	C44
Holdings10% weight	A88Higher	A73
Durability5% weight	A85Higher	F21

Rank among Multi-Asset Income funds

How we build Categories ›

Same Category. IYLD and LOTI are both graded against the same 15 Multi-Asset Income funds, so their Grades compare head to head.

Multi-Asset Income⁠

Category · 15 funds

See all 15 ›

IYLD ranks 2nd and LOTI 7th of 15 funds in the Multi-Asset Income Category.

Rank 1AINCMFranklin Income Focus ETFScore 82
Rank 2AIYLDiShares Morningstar Multi-Asset Income ETFScore 79
Rank 3AINKMState Street Income Allocation ETFScore 71
Rank 5BHNDLStrategy Shares Nasdaq 7HANDL Index ETFScore 57
Rank 7BLOTILiberty One Tactical Income ETFScore 55
Rank 8CCVYInvesco Zacks Multi-Asset Income ETFScore 52

Our read on each fund

ETF.net Research

IYLDAiShares Morningstar Multi-Asset Income ETF

LOTIBLiberty One Tactical Income ETF

In short

IYLD One ticker, one income engine. IYLD is a fund of iShares funds, bundling equity, bond and other income funds into a single monthly-paying package that has run on the same playbook since 2012.

LOTI Most multi-asset income funds pick an allocation and sit still. LOTI hands the dial to an active manager who shifts between dividend-paying stocks and bond funds as conditions change, and pays out monthly.

Stated mandate

IYLD The Fund seeks to track an index of underlying equity, fixed-income, and other income funds designed to provide high current income while offering an opportunity for capital appreciation.

LOTI The Fund seeks current income and the opportunity for capital appreciation to produce a total return.

Why people hold it

IYLD A single trade buys a whole income lineup: the index it follows is built from underlying equity, fixed-income and other income funds, so the mixing and rebalancing happen inside the wrapper.ishares.com
0.50% a year, comfortably below the typical fee in its allocation peer group. Cheap for a multi-asset income build.
Pays monthly, which lines the cash flow up with how most people actually pay bills.ishares.com
Hews closely to the Morningstar Multi-Asset High Income Index it targets, one of the tighter index implementations in its peer group. No manager guesswork bolted on top.

LOTI Actively managed rather than index-bound: the adviser moves the mix between equity and fixed income as markets shift, generally targeting 35% to 65% in each sleeve.yahoo.com
One ticket covers both halves of a balanced build: dividend-paying equities on one side, bond ETFs for ballast on the other.
Income lands monthly, and the portfolio tracks the balanced multi-asset income mandate it advertises closely.

Worth knowing

IYLD Small and thinly traded. Expect wider bid-ask spreads than the mega-funds, which matters most on larger orders.
Income comes first here: capital appreciation is the secondary goal in its own objective, so it is built differently from a growth-tilted allocation fund.
Broad allocation rivals cost far less (IRTR at 0.08%, AOA at 0.19%), though neither is built around high current income.

LOTI Active management carries a price: 1.01% net of a waiver through December 1, 2026 (1.04% gross), above the category median and above INCM at 0.38% or IYLD at 0.50%.
Launched in 2025, small and thinly traded, so spreads can run wider than the category's long-established names.
No index sets the mix here. Allocation, credit quality and duration are the adviser's judgment calls, with a short track record to read them by.yahoo.com

Full IYLD profile⁠

Full LOTI profile⁠

IYLD vs LOTI Holdings

How IYLD and LOTI differ

Overlap by weight

0.0%

Shared holdings make up 1.8% of LOTI and 0.0% of IYLD.

Level by level

Holdings1 in both0.0%
Countryby domicile67.4%

Sector

No Sector split for LOTI.

Country, concentration and asset class

Country by domicile

Country weights in IYLD and LOTI, widest gap first
Country	More in IYLDMore in LOTI	IYLD	LOTI
United States	LOTI +31.4 points	64.4%	95.8%
Japan	IYLD +10.2 points	10.2%	0.0%
United Kingdom	IYLD +5.1 points	5.3%	0.2%
Australia	IYLD +4.1 points	4.2%	0.1%
Supranational	IYLD +3.0 points	3.4%	0.4%
France	IYLD +2.6 points	2.7%	0.1%
Canada	IYLD +2.3 points	2.6%	0.3%
Germany	IYLD +1.6 points	1.6%	0.0%
Other countries (26)	IYLD +2.5 points	5.7%	3.2%

Outside the US: IYLD 90% developed, 10% emerging.

Concentration

Weight in the 10 largest Holdings

IYLD4.6%
LOTI51.5%

Securities held

IYLD19,284
LOTI34

Asset class

IYLD: Multi-Asset
LOTI: Multi-Asset

Holdings

Only in IYLD19,283
In both1
Only in LOTI33

Only in IYLD

19,283 securities, 99.1% of IYLD by weight

Strategy Inc0.52%
Boeing Co0.48%
Welltower0.46%
Mitsubishi Ufj Financial Group0.45%
Shell0.43%
Hsbc Holdings PLC0.41%
Nestle SA0.37%
Toyota Motor0.36%
Prologis Reit0.33%
Super Micro Computer Inc0.32%
Hewlett Packard Enterprise Conv Pr0.32%
Wells Fargo & Company Series L0.32%
Oracle Corporation0.32%
Alphabet Inc0.31%
Roche Ps Par AG0.31%
Alphabet Inc0.31%
Bhp Group Ltd0.30%
Sumitomo Mitsui Financial Group0.29%
Equinix Reit0.27%
Novartis AG0.27%
Nextera Energy Units0.26%
Allianz0.26%
Totalenergies0.26%
Nextera Energy Inc0.26%
Mizuho Financial Group0.22%
Bank of America Corp0.21%
Iberdrola0.21%
Unilever PLC0.20%
Siemens N AG0.19%
Simon Property Group Reit Inc0.19%
Digital Realty Trust Reit0.18%
Bp PLC0.18%
Banco Bilbao Vizcaya Argentaria0.18%
Mitsubishi0.18%
Citigroup Capital Xiii0.18%
National Australia Bank0.18%
Public Storage Reit0.17%
Westpac Banking Corporation0.17%
British American Tobacco0.17%
European Bank For Reconstruction A Mtn 4.27% 02/20/2028 (Ebrd)0.17%
Anz Group Holdings Ltd0.17%
Kkr & Co Inc0.16%
Zurich Insurance Group AG0.16%
Softbank Group Corp0.15%
Unicredit0.15%
Microchip Technology Incorporated0.15%
Southern Company (The)0.15%
International Bank For Reconstruct Mtn 4.37% 08/19/2027 (Ibrd)0.15%
Mitsui0.15%
European Bank For Reconstruction A Mtn 4.14% 02/16/2029 (Ebrd)0.15%

Only in LOTI

33 securities, 98.2% of LOTI by weight

JPMorgan Income ETF USD Class7.37%
Eaton Vance Short Duration Income ETF USD Class6.44%
TCW Flexible Income ETF USD Class6.35%
PIMCO Multisector Bond Active ETF6.33%
Vanguard Mortgage-Backed Securities ETF5.52%
iShares Core U.S. Aggregate Bond ETF5.45%
Vanguard Long-Term Corporate Bond ETF USD Class4.29%
Eli Lilly & Company3.74%
Cardinal Health, Inc.3.12%
Gilead Sciences, Inc.2.90%
Johnson & Johnson2.89%
Hartford Strategic Income ETF USD Class2.70%
Coca-Cola Company (The)2.70%
Chubb Ltd.2.47%
UnitedHealth Group, Inc.2.30%
Entergy Corporation2.24%
Visa, Inc.2.19%
WW Grainger, Inc.2.13%
Alliant Energy Corporation2.05%
Motorola Solutions, Inc.2.04%
Waste Management, Inc.2.02%
Republic Services, Inc.2.02%
Procter & Gamble Company (The)2.01%
Duke Energy Corporation1.97%
Microsoft Corporation1.97%
Kroger Company (The)1.91%
Southern Company (The)1.91%
Broadcom, Inc.1.89%
Northrop Grumman Corporation1.85%
Alphabet, Inc.1.65%
McDonald's Corporation1.65%
AT&T, Inc.1.44%
First American Treasury Obligations Fund Class X0.71%

Weight gaps

All 1 Holdings in both funds, largest gap first.

Holding weights in IYLD and LOTI, widest gap first
Holding	More in IYLDMore in LOTI	IYLD	LOTI
Agree Realty ReitADC	LOTI +1.78 points	0.02%	1.80%

All IYLD holdings⁠All LOTI holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

IYLD vs LOTI Cost

Overpaying LOTI vs IYLD

$8,871

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

IYLD 0.50%
$9,979
LOTI 1.01%
$18,850

Amount$10,000

Years30 years

Cost over time

IYLD 0.50%
LOTI 1.01%
Overpaying

Year by year

Year	IYLD	LOTI	Overpaying
10	$900	$1,780	$880
20	$3,460	$6,686	$3,226
30	$9,979	$18,850	$8,871

Expense ratio

0.50%IYLD, cheaper
1.01%LOTI

IYLD0.50%LOTI1.01%

0.15%1.37%

Middle half of Multi-Asset Income funds
Median 0.71%

IYLD 3rd cheapest of 15 funds

LOTI 11th cheapest of 15 funds

IYLD vs LOTI Dividends

Last 12 months to Nov 2, 2026

Yield (12M): IYLD 4.78%; LOTI No data
Payout (12M): IYLD $1.04; LOTI No data
Last payment: IYLD $0.08; LOTI $0.05
Ex-dividend: IYLD Oct 2, 2026; LOTI Oct 16, 2026
Paid on: IYLD Oct 7, 2026; LOTI Oct 21, 2026
Frequency: IYLD Monthly; LOTI Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

IYLDMonthly · 45 paymentsAll IYLD payments⁠

LOTIMonthly · 12 paymentsAll LOTI payments⁠

IYLD vs LOTI Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: IYLD 6.3%LOTI 8.4%since Oct 2025
Return per unit of riskSharpe ratio, 3 years: IYLD 0.95LOTI 0.41since Oct 2025
Worst fallMax drawdown, 5 years: IYLD −22.4%LOTI −4.4%since Sep 2025
Market sensitivityBeta, 5 years: IYLD 0.60LOTI 0.15; Market = 1

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