FTQI logo

FTQI ETF

Profile

Name:

First Trust Nasdaq BuyWrite Income ETF

Assets under management:

$400 M

Expense ratio:

0.75%

Inception date:

07 January 2014

Website:

-

Last ex-dividend date:

21 November 2024

Next ex-dividend date:

N/A

Description:

FTQI ETF is an exchange-traded fund that focuses on investing in high-quality, innovative companies. It aims to provide long-term capital appreciation by targeting sectors with strong growth potential, while maintaining a diversified portfolio to manage risk effectively. Ideal for investors seeking exposure to cutting-edge industries.
Name
Weight
AAPL logo
Apple(AAPL)
7.64 %
NVDA logo
NVIDIA(NVDA)
7.38 %
MSFT logo
Microsoft(MSFT)
6.71 %
AMZN logo
Amazon(AMZN)
4.32 %
4.12 %
TSLA logo
Tesla(TSLA)
3.79 %
AVGO logo
Broadcom(AVGO)
3.78 %
2.62 %
NFLX logo
Netflix(NFLX)
2.49 %
US Dollar
2.00 %

Holding types

Countries

Sectors

Analyst ratings

Market Data

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Sacrificing Upside For Income: A Look At FTQI
Sacrificing Upside For Income: A Look At FTQI
Sacrificing Upside For Income: A Look At FTQI
FTQI
seekingalpha.com13 November 2024

FTQI uses a buy-write strategy on the NASDAQ-100, targeting a high yield of 12% with monthly payouts. This approach includes selling call options on all its assets, which limits potential gains and is ideal for investors looking for income. As a result, the fund has not performed as well as the NASDAQ-100, achieving a 76% return over 10 years, while the index has gained 436%.

FTQI: Unconvincing Buy-Write ETF
FTQI: Unconvincing Buy-Write ETF
FTQI: Unconvincing Buy-Write ETF
FTQI
seekingalpha.com05 August 2024

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: Poor Structure To Extract Dividends From The Nasdaq, 11% Yield
FTQI: Poor Structure To Extract Dividends From The Nasdaq, 11% Yield
FTQI: Poor Structure To Extract Dividends From The Nasdaq, 11% Yield
FTQI
Seeking Alpha18 April 2024

This article examines the First Trust Nasdaq BuyWrite Income ETF and suggests that it may not be the best choice for investors looking to benefit from growth in Nasdaq stocks. The fund focuses on generating income by using a covered-call strategy on the Nasdaq-100 Index, but it primarily uses in-the-money call options. This strategy can limit potential price appreciation that growth stocks typically aim for, as in-the-money options restrict this growth.

FTQI: Buy-Writing The Nasdaq
FTQI: Buy-Writing The Nasdaq
FTQI: Buy-Writing The Nasdaq
FTQI
Seeking Alpha31 January 2024

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: A Change In 2022 Has Put It Closer To Competitors
FTQI: A Change In 2022 Has Put It Closer To Competitors
FTQI: A Change In 2022 Has Put It Closer To Competitors
FTQI
Seeking Alpha07 November 2023

First Trust Nasdaq BuyWrite Income ETF is an actively managed fund that holds a portfolio of 157 stocks and writes call options on the Nasdaq 100 index. The FTQI ETF has a 12-month distribution yield of 11.96% and an expense ratio of 0.85%. Compared to its closest competitor, FTQI has lagged behind in performance but has shown improvement in the last 12 months due to a change in strategy.

FTQI: Worst Of Breed Buy-Write ETF On The Nasdaq 100 Index
FTQI: Worst Of Breed Buy-Write ETF On The Nasdaq 100 Index
FTQI: Worst Of Breed Buy-Write ETF On The Nasdaq 100 Index
FTQI
Seeking Alpha07 August 2023

The FTQI ETF uses a proprietary quantitative method to select U.S. large cap stocks, while adding a call-writing overlay to generate income. Compared to peer funds that employ a buy-write strategy on the Nasdaq 100 Index, the FTQI is the most expensive yet delivers the worst short- and long-term performance. For investors seeking exposure to growth stocks, while generating income from call-writing, I suggest they consider the JEPQ ETF or the QYLG ETF instead.

FTQI: 11.8% Yield With A Caveat
FTQI: 11.8% Yield With A Caveat
FTQI: 11.8% Yield With A Caveat
FTQI
Seeking Alpha11 May 2023

First Trust Nasdaq BuyWrite Income ETF holds 150 stocks of the Nasdaq Composite and sells calls on the Nasdaq 100 to generate income. The fund has lagged its competitors since inception.

FAQ

  • What is FTQI ETF?
  • Does FTQI pay dividends?
  • What stocks are in FTQI ETF?
  • What is the current assets under management for FTQI?
  • What is FTQI average volume?
  • What is FTQI expense ratio?
  • What is FTQI inception date?

What is FTQI ETF?

FTQI ETF is an exchange-traded fund that focuses on investing in high-quality, innovative companies. It aims to provide long-term capital appreciation by targeting sectors with strong growth potential, while maintaining a diversified portfolio to manage risk effectively. Ideal for investors seeking exposure to cutting-edge industries.

Does FTQI pay dividends?

Yes, the First Trust Nasdaq BuyWrite Income ETF does pays dividends, with the most recent payment being $0.20 per share. The last ex-dividend date was on 21 November 2024, and the next ex-dividend date has not been announced yet

What stocks are in FTQI ETF?

As of today, First Trust Nasdaq BuyWrite Income ETF inlcudes 203 holdings, with 195 of them being companies from 14 different countries and 11 sectors. The most weighted holdings are Apple (7.64%), NVIDIA (7.38%) and Microsoft (6.71%)

What is the current assets under management for FTQI?

Assets under management of First Trust Nasdaq BuyWrite Income ETF is $400 M

What is FTQI average volume?

Average volume of First Trust Nasdaq BuyWrite Income ETF is $136 K

What is FTQI expense ratio?

Expense ratio of First Trust Nasdaq BuyWrite Income ETF is 0.75%

What is FTQI inception date?

Inception date of First Trust Nasdaq BuyWrite Income ETF is 07 January 2014