First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF
FTHI
Market cap $882M

20.95 USD

+0.14

0.67%

At close Apr 17, 4:00 PM EDT

1 day

0.67%

5 days

1.26%

1 month

-5.72%

3 months

-11.00%

6 months

-10.16%

Year to date

-10.01%

1 year

-4.34%

5 years

14.54%

10 years

0.72%

0

Funds holding %

of 7,407 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

329% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 7

176% more repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 29

16% more funds holding

Funds holding: 127 [Q3] → 147 (+20) [Q4]

13% more capital invested

Capital invested by funds: $455M [Q3] → $517M (+$61.2M) [Q4]

3.21% more ownership

Funds ownership: 49.5% [Q3] → 52.71% (+3.21%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]

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Research analyst outlook

We haven’t received any recent analyst ratings for FTHI.

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Financial journalist opinion

FTHI: Why DIVO Looks Better (Rating Downgrade)

First Trust BuyWrite Income ETF holds 166 stocks and 9 short positions in call options, aiming to enhance distributions. FTHI meets its primary objective of providing income with a yield close to 9%, but price history points to a decay in inflation-adjusted value. Among popular buy-write ETFs, DIVO looks more compelling than FTHI, with a better balance between income and preservation of capital.

FTHI: Why DIVO Looks Better (Rating Downgrade)

FTHI: Is The Trade-Off Between Income And Growth Worth It?

FTHI leverages a buy-write strategy on the S&P 500, offering a 9% distribution yield but capping upside potential. FTHI's strategy involves selling call options, generating monthly income but limiting growth, making it suitable for income-focused investors rather than those seeking capital appreciation. The fund underperformed the S&P 500 over the past decade, highlighting the trade-off between steady income and limited growth in a strong bull market.

FTHI: Is The Trade-Off Between Income And Growth Worth It?

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the monthly distributions for certain exchange-traded funds advised by FTA.

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

FTHI: Low Volatility, Not Great Track Record

Covered call ETFs like FTHI offer attractive monthly distributions and reduced volatility but lag the S&P 500 in long-term performance due to capped gains in the long portion of portfolio. FTHI's defensive allocation and options strategy result in lower valuations and consistent income, making it suitable for income-focused portfolios, not broad equity exposure. Despite lower valuations and profitability on par with the S&P 500, FTHI's performance is less competitive in bullish markets due to limited upside.

FTHI: Low Volatility, Not Great Track Record

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the monthly distributions for certain exchange-traded funds advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date: August 21, 2024 Record Date: August 21, 2024 Payable Date: August 30, 2024 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount ACTIVELY MANAGED EXCHANGE-TRADED FUNDS First Trust Exchange-Traded Fund III FCAL Na.

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

FTHI: A Covered Call Play That Deserves More Attention

First Trust BuyWrite Income ETF uses options to increase income and capital appreciation. The FTHI ETF holds positions in well-known, large-cap companies such as Microsoft, Apple, and Amazon. FTHI has a sector allocation that includes technology, healthcare, consumer staples, and utilities to mitigate concentration risk.

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the monthly distributions for certain exchange-traded funds advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date: April 23, 2024 Record Date: April 24, 2024 Payable Date: April 30, 2024 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount ACTIVELY MANAGED EXCHANGE-TRADED FUNDS First Trust Exchange-Traded Fund III FCAL N.

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

Buyback Bonanza: The Top 7 ETFs to Profit From Corporate Cash Splurges

80% of S&P 500 companies are entering pre-earnings buyback blackouts, according to Bloomberg. Analysts anticipate a potential rebound post-blackout.

FTHI: Beating Peers Lately, But Yield History Is Weird

First Trust BuyWrite Income ETF is an actively managed fund holding 179 stocks and rolling short positions in S&P 500 call options. FTHI return has been average relative to peers over the last 3 years, but it has outperformed for 12 months. The fund meets its primary objective of providing income, although distribution history raises a doubt about yield sustainability.

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the monthly distributions for certain exchange-traded funds advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date: February 21, 2024 Record Date: February 22, 2024 Payable Date: February 29, 2024 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount ACTIVELY MANAGED EXCHANGE-TRADED FUNDS First Trust Exchange-Traded Fund III FCAL Na.

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

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