First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF
FTQI
Market cap $680M

20.00 USD

-0.05

0.25%

At close Aug 25, 4:00 PM EDT

1 day

-0.25%

5 days

-1.48%

1 month

1.16%

3 months

4.71%

6 months

-2.20%

Year to date

-3.85%

1 year

-0.84%

5 years

-1.48%

10 years

5.15%

0

Funds holding %

of 7,429 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

193% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 15

24% more capital invested

Capital invested by funds: $145M [Q1] → $180M (+$34.5M) [Q2]

23% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 13

3.51% more ownership

Funds ownership: 25.35% [Q1] → 28.86% (+3.51%) [Q2]

2% more funds holding

Funds holding: 82 [Q1] → 84 (+2) [Q2]

See Fund Rankings

Research analyst outlook

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

See Analyst Rankings

Financial journalist opinion

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

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, 2025 Record Date: August 21, 2025 Payable Date: August 29, 2025 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount ACTIVELY MANAGED EXCHANGE-TRADED FUNDS First Trust Exchange-Traded Fund III FCAL Nasdaq F.

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

FTQI: An Appealing Hedge For The Nasdaq-100 Index

FTQI offers a high 12% yield by writing covered calls on the Nasdaq-100, appealing to income-focused investors seeking equity exposure. The strategy limits upside potential but can outperform during flat or declining markets, making it a useful hedge or income alternative. Investors should be aware of higher fees, tracking error, and tax implications, as well as the capped returns from covered call writing.

FTQI: An Appealing Hedge For The Nasdaq-100 Index

FTQI: Lagging Some Peers And Uncertain Impact Of Yield Hike

First Trust Nasdaq BuyWrite Income ETF offers a 12% yield from short call options on the Nasdaq 100 Index combined with a portfolio of 189 stocks. A major shift in distribution policy in May 2022 boosted yield, but this likely comes at the cost of capital decay. FTQI has lagged competitors such as JEPQ, while its expense ratio remains among the highest.

FTQI: Lagging Some Peers And Uncertain Impact Of Yield Hike

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: July 22, 2025 Record Date: July 22, 2025 Payable Date: July 31, 2025 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount ACTIVELY MANAGED EXCHANGE-TRADED FUNDS First Trust Exchange-Traded Fund III FCAL.

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

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

See News Rankings

Charts implemented using Lightweight Charts™