First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF
FTQI
Market cap $535M

21.10 USD

+0.15

0.72%

At close Dec 23, 4:00 PM EST

1 day

0.72%

5 days

-0.75%

1 month

0.57%

3 months

2.28%

6 months

3.23%

Year to date

6.78%

1 year

6.19%

5 years

-5.51%

10 years

2.93%

0

Funds holding %

of 6,809 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

67% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 18

14% more capital invested

Capital invested by funds: $93.5M [Q2] → $107M (+$13M) [Q3]

2% less funds holding

Funds holding: 64 [Q2] → 63 (-1) [Q3]

1.96% less ownership

Funds ownership: 25.87% [Q2] → 23.91% (-1.96%) [Q3]

10% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 10

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Research analyst outlook

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

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Financial journalist opinion

Sacrificing Upside For Income: A Look At FTQI

FTQI employs a buy-write strategy on the NASDAQ-100, aiming for a high yield of 12% through monthly distributions. FTQI's strategy involves selling call options on 100% of its holdings, capping upside potential and making it suitable for income-focused investors. The fund has underperformed the NASDAQ 100 due to its capped gains, delivering 76% ROI over 10 years compared to the index's 436%.

Sacrificing Upside For Income: A Look At FTQI

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

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

FTQI: Unconvincing Buy-Write ETF

First Trust Nasdaq BuyWrite Income ETF holds stocks of the Nasdaq Composite, and sells call options on the Nasdaq 100 index for income. FTQI has lagged some competitors on various time frames. The option strategy or distribution policy changed in 2022 to pay a higher yield, making historical data useless to evaluate FTQI.

FTQI: Unconvincing Buy-Write ETF

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

FTQI: Poor Structure To Extract Dividends From The Nasdaq, 11% Yield

This article analyzes the First Trust Nasdaq BuyWrite Income ETF and argues that it's not ideal for investors seeking growth from Nasdaq stocks. The fund aims to generate income through a covered-call strategy on the Nasdaq-100 Index, but utilizes in-the-money call options. Growth stocks, however, aim for price appreciation, which these calls restrict since they are ITM options.

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

FTQI: Buy-Writing The Nasdaq

First Trust Nasdaq BuyWrite Income ETF combines a stock portfolio with an index option overlay to generate additional cash flow. The buy-write strategy offers partial hedging against price declines and improved returns in flat or slightly bullish markets. FTQI's top holdings include Apple, Microsoft, Amazon, Meta Platforms, and Nvidia, with a diverse sector composition.

FTQI: Buy-Writing The Nasdaq

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: January 23, 2024 Record Date: January 24, 2024 Payable Date: January 31, 2024 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount ACTIVELY MANAGED EXCHANGE-TRADED FUNDS First Trust Exchange-Traded Fund III FCAL Nasda.

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

Zacks Investment Research

5 ETF Picks for Booming Nasdaq-100 Surge

The Nasdaq-100 Index has been enjoying a huge rally from the start of November and has now hit levels not seen in nearly two years. Investors looking to ride the Nasdaq bulls could consider ETFs.

5 ETF Picks for Booming Nasdaq-100 Surge

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