FTQI
First Trust Nasdaq BuyWrite Income ETF
The First Trust Low Beta Income ETF 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.
US
EQUITY
Active
MANAGEMENT STYLE
$ 763.2 M
ASSETS UNDER MGMT
75 bp
EXPENSES
Fund Basics
| Inception date | Jan 06, 2014 |
| Regulation | Open-End Investment Company |
| Fund Website | link... |
| Distributions | Monthly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | Yes |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| NVIDIA CORP | 7.7 % |
| APPLE INC | 7.5 % |
| AMAZON.COM INC | 4.0 % |
| TESLA MOTORS INC | 3.4 % |
| ADVANCED MICRO DEVICES | 3.3 % |
| COSTCO WHOLESALE CORP | 3.3 % |
| BROADCOM INC. | 3.3 % |
| US DOLLAR | 3.1 % |
| CISCO SYSTEMS INC | 2.6 % |
| META PLATFORMS INC | 2.6 % |
Constituent Breakdown
| Number of holdings | 210 |
| Herfindahl-Hirschman Index | 280 |
| Wgt avg mkt cap (mns) | $1,365,854 |
| Large cap (>$10bn) | 91.1% |
| Mid cap ($2-10bn) | 3.6% |
| Small cap (<$2bn) | 0.3% |
| Developed mkts. | 95.2% |
| Emerging mkts. | 0.3% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 91.0 % |
 |
IRELAND | 1.5 % |
 |
CANADA | 1.3 % |
 |
BRITAIN | 0.6 % |
 |
GERMANY | 0.6 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -2.0% | 0.3% | 0.1% | 2.5% | 0.0% | 0.6% | -- | 0.1% |
| Dividend Yield | 1.0% | 12.8% | 12.7% | 13.0% | 10.3% | 6.7% | -- | 6.1% |
| Total Returns | -1.0% | 13.0% | 12.8% | 15.5% | 10.3% | 7.4% | -- | 6.2% | Ann. Volatility | 12.2% | 17.9% | 15.1% | 13.2% | 14.7% | 13.4% | -- | 13.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.89 | 91% |
| MSCI EAFE | 0.86 | 61% |
| MSCI Emg Mkts | 0.74 | 55% |
Liquidity Measures
| Avg. volume (000) | 319 |
| ADV traded (mns) | $6 |
| Turnover | 0.8% |
| Avg. Bid/Ask (% of price) | 0.10% |
Technical Indicators
| 30d moving avg. (EMA) | $20.48 |
| Relative strength (RSI) | 44 |
| MACD/Signal | -0.10/-0.08 |
| Bollinger Bands (Upper/Lower) | $20.66/$20.17 |
| Short interest (% of AUM) | 0.1% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. FTQI |
Expenses vs. FTQI |
ALTAR Score™ vs. FTQI |
|---|---|---|---|---|
| QYLD | Global X NASDAQ 100 Covered Call ETF | 56.5% | -15 bp | -0.2% |
| QYLG | Global X Nasdaq 100 Covered Call & Growth ETF | 56.4% | -15 bp | -0.2% |
| QTR | Global X NASDAQ 100 Tail Risk ETF | 56.4% | -49 bp | +0.3% |
| QRMI | Global X NASDAQ 100 Risk Managed Income ETF | 56.3% | -15 bp | -0.1% |
| QCLR | Global X NASDAQ 100 Collar 95-110 ETF | 56.2% | -50 bp | +0.3% |
| NUSI | Nationwide Nasdaq-100 Risk-Managed Income ETF | 50.9% | -7 bp | -0.1% |
| JEPQ | J.P. Morgan Nasdaq Equity Premium Income ETF | 45.7% | -40 bp | +0.4% |
| XYLG | Global X S&P 500 Covered Call & Growth ETF | 45.6% | -15 bp | +0.6% |
| XYLD | Global X S&P 500 Covered Call ETF | 45.6% | -15 bp | +0.6% |
| XTR | Global X S&P 500 Tail Risk ETF | 45.5% | -49 bp | +0.9% |
Risk and Returns: FTQI vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 3/15/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
4.0%
ALTAR SCORE™
21st
PERCENTILE
UNDERWEIGHT
ETFRC RATING
There are 1,190 funds in the US Equity category with an average
ALTAR Score™ of 5.7% and a standard deviation
of 2.1%. FTQI's ALTAR Score™ is approximately -0.8 standard
deviations above the category average. This places FTQI in the 21st percentile
among funds in the category.
Sell-Side Consensus
$25.08
PRICE TARGET
+24.5%
UPSIDE