FTLB

First Trust Hedged BuyWrite Income ETF
*Unless otherwise stated, data provided by FactSet.

FTLB Fund Description

FTLB is an actively-managed portfolio of US large-cap stocks, with an options overlay of short calls and long puts on the S&P 500.

FTLB Factset Analytics Insight

FTLB is an actively-managed fund that targets US large-cap stocks, overlaid by an options strategy. The fund manager uses a model to select dividend-paying stocks from the US-listed large-cap universe, and then writes calls and buys puts (out-of-the-money) on the S&P 500. The strategy is designed to boost income while minimizing volatility, although the put premiums could create a drag on the fund’s performance. The fund appears to be primarily model-driven in its portfolio selection, but the active management wrapper allows the fund manager to take advantage of market anomalies during periods of high volatility.

FTLB MSCI ESG Analytics Insight

First Trust Hedged BuyWrite Income ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.85 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. First Trust Hedged BuyWrite Income ETF ranks in the 28th percentile within its peer group and in the 12nd percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 06/23/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FTLB 0.28% 3.28% 7.81% 10.50% 0.95% 4.69% --
FTLB (NAV) 0.26% 4.93% 7.20% 10.50% 1.08% 4.61% --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Large Cap Index 2.82% 9.16% 13.05% 37.93% 18.71% 17.97% 15.47%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FTLB Summary Data

First Trust
01/06/14
Open-Ended Fund
0.85%
$9.72M
$81.78K
0.34%

FTLB Portfolio Data

$321.78B
115.46
2.61
2.04%
N/A
260

FTLB Index Data

No Underlying Index
Proprietary
Proprietary
MSCI USA Large Cap Index

FTLB Portfolio Management

0.85%
--
--
--

FTLB Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FTLB Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
High
Daily

FTLB Factset Analytics Block Liquidity

As of 06/24/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FTLB. FTLB is rated a 4 out of 5.

FTLB Tradability

3,806
$81.78K
1,734
$36.92K
0.34%
$0.07
-0.05%
1.86% / -1.04%
None
97.00%
50,000
0.03
0.00%
0.01%
0
$21.61
4

FTLB Sector/Industry Breakdown


FTLB
Segment Benchmark
21.47%
36.00%
19.07%
12.38%
13.71%
13.33%
12.39%
15.04%
9.08%
1.78%
7.16%
6.20%
6.50%
2.41%
6.20%
8.82%
1.81%
1.67%

FTLB Countries


FTLB
Segment Benchmark
97.72%
99.90%
1.94%
0.10%
0.25%
--
0.10%
--

FTLB Regions


FTLB
Segment Benchmark
99.65%
100.00%
0.25%
--
0.10%
--

FTLB Economic Development


FTLB
Segment Benchmark
99.65%
100.00%
0.35%
--

FTLB Performance Statistics

0.41
0.39
0.43
0.42
0.78%
MSCI USA Large Cap Index

FTLB MSCI ESG Ratings

4.85 / 10
11.82
27.90
3.97%
3.76%
116.79

FTLB Benchmark Comparison Holdings

260
290
74
35.37%

FTLB Benchmark Comparison Summary


FTLB
Segment Benchmark
260
290
$321.78B
$559.64B
115.46
35.27
2.61
4.94
1.76%
1.36%
Low
Low

FTLB Benchmark Comparison Market Cap Size


FTLB
Segment Benchmark
58.01%
100.00%
28.23%
0.00%
13.55%
0.00%
0.22%
0.00%