HYTI ETF — Holdings & Analysis

For informational purposes only. Not financial advice.

Quick Answer

The FT Vest High Yield & Target Income ETF (HYTI) is a multi-asset fund managed by First Trust, with $0.07 billion in assets under management.

Launched in 2025, HYTI aims to provide current income and capital appreciation by investing in U.S. Treasury securities and employing an options strategy involving U.S. exchange-traded call options on the iShares iBoxx High Yield Corporate Bond ETF. The fund's expense ratio is 0.65%. Notably, HYTI allocates 100% of its assets to Cash & Others, with 100% country exposure to Other.

FT Vest High Yield & Target Income ETF (HYTI) ETF — Price, Holdings & Analysis

The FT Vest High Yield & Target Income ETF (HYTI) is a multi-asset fund managed by First Trust, with $0.07 billion in assets under management. Launched in 2025, HYTI aims to provide current income and capital appreciation by investing in U.S. Treasury securities and employing an options strategy involving U.S. exchange-traded call options on the iShares iBoxx High Yield Corporate Bond ETF. The fund's expense ratio is 0.65%. Notably, HYTI allocates 100% of its assets to Cash & Others, with 100% country exposure to Other.

ETF Overview

The FT Vest High Yield & Target Income ETF (the "Fund") seeks to provide investors with current income with a secondary objective of providing capital appreciation. Under normal market conditions, the Fund will pursue its investment objective by investing in U.S. Treasury securities and utilizing an option strategy consisting of purchasing and writing (selling) U.S. exchange-traded call options, including Flexible Exchange options, on the iShares iBoxx High Yield Corporate Bond ETF. Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in investments that provide exposure to high yield securities or income producing securities.

The FT Vest High Yield & Target Income ETF (HYTI) seeks to generate current income and capital appreciation by investing primarily in U.S. Treasury securities and utilizing a call option strategy. This strategy involves purchasing and writing call options, including Flexible Exchange options, on the iShares iBoxx High Yield Corporate Bond ETF. Under normal market conditions, HYTI invests at least 80% of its net assets in investments providing exposure to high yield or income-producing securities. As of 2026-03-15, the fund's sector allocation is 100% in Cash & Others, indicating a highly liquid portfolio. The fund's country exposure is entirely to 'Other,' suggesting investments outside typical major markets. With only 5 holdings, HYTI's investment approach is highly targeted. This ETF may appeal to investors seeking income generation through high-yield exposure and options strategies, but its concentrated sector allocation should be considered.

Risk Metrics

HYTI presents several risk considerations for investors. The fund's concentration in 'Cash & Others' (100%) introduces concentration risk, as its performance is heavily reliant on cash management strategies and the specific 'Other' country exposures. The fund's options strategy, while intended to generate income, can also introduce volatility and potential losses if the iShares iBoxx High Yield Corporate Bond ETF moves adversely. With a 3-year beta of 0.00, HYTI has demonstrated very low correlation to the broader market, which may offer diversification benefits but also limit participation in market rallies. The expense ratio of 0.65% will create a drag on returns, especially if the fund's performance does not sufficiently offset this cost. Past performance does not guarantee future results.

Expense Ratio

0.65%

How Is the Fund Allocated?

Sector	Weight
Cash & Others	100.0%

Country	Weight
Other	100.0%

Dividend Yield

0.00%

JPMorgan Flexible Income ETF (JFLI) — 0.35% expense ratio
State Street Income Allocation ETF (INKM) — 0.50% expense ratio
iShares LifePath Retirement ETF (IRTR) — 0.08% expense ratio
FT Vest Laddered Buffer ETF (BUFR) — 0.95% expense ratio
FT Vest U.S. Equity Deep Buffer ETF - March (DMAR) — 0.85% expense ratio
FT Vest Nasdaq-100 Buffer ETF - September (QSPT) — 0.90% expense ratio
FT Vest U.S. Equity Moderate Buffer ETF - June (GJUN) — 0.85% expense ratio
FT Vest U.S. Small Cap Moderate Buffer ETF - November (SNOV) — 0.90% expense ratio

FT Energy Income Partners Enhanced Income ETF (EIPI) (Sector Equity) — 1.11% expense ratio
First Trust Europe AlphaDEX Fund (FEP) (International Equity) — 0.80% expense ratio
First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) (International Equity) — 0.80% expense ratio
First Trust Developed Markets ex-US AlphaDEX Fund (FDT) (International Equity) — 0.80% expense ratio
First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) (International Equity) — 0.99% expense ratio
FT Vest Laddered Buffer ETF (BUFR) (Multi-Asset) — 0.95% expense ratio

Risk Metrics

Beta: 0.00

Questions & Answers

What is HYTI and what does it track?

The FT Vest High Yield & Target Income ETF (HYTI) is a multi-asset ETF managed by First Trust. Launched in February 2025, HYTI aims to provide investors with current income and capital appreciation.

The fund achieves this by investing in U.S.

What is the expense ratio for HYTI?

The expense ratio for the FT Vest High Yield & Target Income ETF (HYTI) is 0.65%. This means that for every $10,000 invested in the fund, $65 is used to cover the fund's operating expenses annually.

While there isn't a definitive category average available in the provided data, it's important to consider this expense ratio in the context of similar multi-asset or high-yield focused ETFs to assess its relative cost.

What are the top holdings in HYTI?

As of 2026-03-15, the FT Vest High Yield & Target Income ETF (HYTI) has a concentrated portfolio with only 5 holdings. The fund's sector allocation is 100% in 'Cash & Others'.

Therefore, the top holdings would likely consist of these instruments and related cash positions.

Is HYTI a good long-term investment?

Whether HYTI is a suitable long-term investment depends on an investor's individual financial goals, risk tolerance, and investment horizon. HYTI aims to provide current income and capital appreciation through a combination of U.S. Treasury securities and options strategies.

How does HYTI compare to similar ETFs?

HYTI distinguishes itself from similar ETFs through its specific investment strategy and concentrated holdings. While many multi-asset ETFs offer diversified exposure across various asset classes, HYTI focuses on U.S.

Treasury securities and options on the iShares iBoxx High Yield Corporate Bond ETF. With an AUM of $0.07 billion, HYTI is relatively small compared to some of its larger competitors.

Does HYTI pay dividends?

According to the provided data, the FT Vest High Yield & Target Income ETF (HYTI) has a dividend yield of 0.00% as of 2026-03-15. This indicates that the fund is not currently distributing dividends to its shareholders.

While the fund's objective includes providing current income, its strategy may not prioritize dividend payments at this time, or the income generated is being reinvested within the fund.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Data provided for informational purposes only.

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