FTQI First Trust Nasdaq BuyWrite Income ETF
FTQI Fund Description
FTQI is an actively-managed portfolio of US stocks, with an options overlay of short calls on the Nasdaq 100.
FTQI Factset Analytics Insight
FTQI is an actively-managed fund that targets US stocks, overlaid by a call options strategy. The fund manager selects constituents based on several factors including trading liquidity, market-cap, price level, sector classification, and contribution to risk and return. To generate additional cash flow, the fund writes calls on the Nasdaq-100 seeking a notional value of 50-100% of the fund’s assets. 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. Prior to May 11, 2022, the fund traded under the ticker FTLB, and was known as the First Trust Hedged BuyWrite Income ETF that imposes an option strategy consisting of both buying put and writing call options on the S&P 500.
FTQI Summary Data
FTQI Portfolio Data
FTQI Index Data
FTQI Portfolio Management
FTQI Tax Exposures
FTQI Fund Structure
FTQI Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FTQI. FTQI is rated a 4 out of 5.
FTQI Sector/Industry Breakdown
FTQI Economic Development
FTQI Performance Statistics
FTQI Benchmark Comparison Summary
FTQI Benchmark Comparison Market Cap Size