Key stats
About First Trust Nasdaq BuyWrite Income ETF
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Inception date
Jan 6, 2014
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Portfolios LP
Distributor
First Trust Portfolios LP
FTQI is an actively-managed fund that targets US stocks, overlaid by a call options strategy. The fund manager selects constituents based on several factors including trading liquidity, market-cap, price level, sector classification, and contribution to risk and return. To generate additional cash flow, the fund writes calls on the Nasdaq-100 seeking a notional value of 50-100% of the funds assets. The fund appears to be primarily model-driven in its portfolio selection, but the active management wrapper allows the fund manager to take advantage of market anomalies during periods of high volatility. Prior to May 11, 2022, the fund traded under the ticker FTLB, and was known as the First Trust Hedged BuyWrite Income ETF that imposes an option strategy consisting of both buying put and writing call options on the S&P 500.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stocks98.73%
Technology Services31.20%
Electronic Technology26.23%
Retail Trade9.16%
Finance7.89%
Health Technology7.45%
Consumer Durables3.75%
Consumer Non-Durables2.00%
Producer Manufacturing1.73%
Communications1.56%
Industrial Services1.29%
Utilities1.27%
Process Industries1.14%
Energy Minerals1.11%
Commercial Services0.94%
Transportation0.91%
Non-Energy Minerals0.52%
Consumer Services0.40%
Health Services0.18%
Bonds, Cash & Other1.27%
Cash1.27%
Stock breakdown by region
North America94.16%
Europe4.05%
Middle East1.31%
Asia0.48%
Latin America0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FTQI invests in stocks. The fund's major sectors are Technology Services, with 31.20% stocks, and Electronic Technology, with 26.23% of the basket. The assets are mostly located in the North America region.
FTQI top holdings are Apple Inc. and Microsoft Corporation, occupying 7.19% and 7.16% of the portfolio correspondingly.
FTQI last dividends amounted to 0.19 USD. The month before, the issuer paid 0.19 USD in dividends,
FTQI assets under management is 605.51 M USD. It's risen 8.65% over the last month.
FTQI fund flows account for 328.85 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FTQI pays dividends to its holders with the dividend yield of 12.87%. The last dividend (May 30, 2025) amounted to 0.19 USD. The dividends are paid monthly.
FTQI shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Jan 6, 2014, and its management style is Active.
FTQI expense ratio is 0.76% meaning you'd have to pay 0.76% of your investment to help manage the fund.
FTQI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FTQI invests in stocks.
FTQI price has risen by 6.55% over the last month, and its yearly performance shows a −7.55% decrease. See more dynamics on FTQI price chart.
NAV returns, another gauge of an ETF dynamics, showed a −9.45% decrease in three-month performance and has decreased by −0.83% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −9.45% decrease in three-month performance and has decreased by −0.83% in a year.
FTQI trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.