First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF
FTQI
Market cap $612M

19.21 USD

-0.08

0.41%

At close Jun 13, 4:00 PM EDT

1 day

-0.41%

5 days

-0.62%

1 month

0.52%

3 months

2.62%

6 months

-9.60%

Year to date

-7.64%

1 year

-6.34%

5 years

-3.56%

10 years

-6.02%

0

Funds holding %

of 7,296 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

167% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 15

46% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 13

4% more funds holding

Funds holding: 79 [Q4 2024] → 82 (+3) [Q1 2025]

5% more capital invested

Capital invested by funds: $138M [Q4 2024] → $145M (+$6.9M) [Q1 2025]

0.28% less ownership

Funds ownership: 25.63% [Q4 2024] → 25.35% (-0.28%) [Q1 2025]

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Research analyst outlook

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

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Financial journalist opinion

Based on 3 articles about FTQI published over the past 30 days

First Trust Adds New Income Generating ETF

First Trust today announced the launch of the actively managed First Trust Balanced Income ETF (FTBI) on the NYSE Arca. FTBI aims to deliver a steady stream of income that closely matches the performance of the Bloomberg Moderate Allocation Income Focus Index.

First Trust Adds New Income Generating ETF

FTQI: Hit By The Big Drawdown, Better Alternatives Exist

FTQI offers double-digit yields, but lacks downside protection, suffering significant drawdowns similar to QQQ during market selloffs. BUYW and JEPQ are better alternatives for income investors seeking more diversification and improved total return performance. JEPQ stands out with a 57% three-year total return, outperforming both FTQI and the S&P 500 in the referenced period.

FTQI: Hit By The Big Drawdown, Better Alternatives Exist

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

FTQI: Covered Call ETF Offering Price Stability

The fund strategy focuses on using options against constituents of the Nasdaq-100, currently offering a 11.7% dividend yield. The price has remained quite stable over the last decade, but has underperformed peer option ETFs. The distribution policy seems to be recently changed and it's not yet determined if these higher payout amounts will negatively impact the fund's stability.

FTQI: Covered Call ETF Offering Price Stability

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.

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