FTLB
First Trust Hedged BuyWrite Income ETFFTLB 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 5.30 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 31st percentile within its peer group and in the 16th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FTLB Summary Data
FTLB Portfolio Data
FTLB Index Data
FTLB Portfolio Management
FTLB Tax Exposures
FTLB Fund Structure
FTLB Factset Analytics Block Liquidity
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
FTLB Sector/Industry Breakdown
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FTLB Top 10 Holdings[View All]
FTLB Countries
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FTLB Regions
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FTLB Economic Development
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FTLB Performance Statistics
FTLB MSCI ESG Ratings
FTLB Benchmark Comparison Summary
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FTLB Benchmark Comparison Market Cap Size
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MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.