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
$ 879.9 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 +
| APPLE INC | 8.3 % |
| US DOLLAR | 5.6 % |
| NVIDIA CORP | 5.5 % |
| ADVANCED MICRO DEVICES | 5.2 % |
| AMAZON.COM INC | 4.1 % |
| CISCO SYSTEMS INC | 3.5 % |
| TESLA MOTORS INC | 3.3 % |
| MICRON TECHNOLOGY INC | 3.1 % |
| COSTCO WHOLESALE CORP | 2.8 % |
| BROADCOM INC. | 2.6 % |
Constituent Breakdown
| Number of holdings | 210 |
| Herfindahl-Hirschman Index | 276 |
| 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. | 94.2% |
| Emerging mkts. | 0.2% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 88.0 % |
 |
IRELAND | 2.6 % |
 |
CANADA | 1.1 % |
 |
SINGAPORE | 0.6 % |
 |
BRITAIN | 0.5 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 5.3% | 14.7% | 4.1% | 4.3% | 0.2% | 1.1% | -- | 0.7% |
| Dividend Yield | 5.3% | 15.6% | 13.7% | 13.6% | 11.0% | 7.1% | -- | 6.3% |
| Total Returns | 10.6% | 30.3% | 17.8% | 17.8% | 11.3% | 8.2% | -- | 7.1% | Ann. Volatility | 12.4% | 10.4% | 15.4% | 13.4% | 14.8% | 13.4% | -- | 13.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.81 | 85% |
| MSCI EAFE | 0.48 | 47% |
| MSCI Emg Mkts | 0.38 | 53% |
Liquidity Measures
| Avg. volume (000) | 201 |
| ADV traded (mns) | $4 |
| Turnover | 0.5% |
| Avg. Bid/Ask (% of price) | 0.12% |
Technical Indicators
| 30d moving avg. (EMA) | $21.26 |
| Relative strength (RSI) | 69 |
| MACD/Signal | 0.30/0.29 |
| Bollinger Bands (Upper/Lower) | $21.96/$20.96 |
| Short interest (% of AUM) | 0.1% |
Distributions
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 |
|---|---|---|---|---|
| QCLR | Global X NASDAQ 100 Collar 95-110 ETF | 57.3% | -50 bp | +0.5% |
| QYLD | Global X NASDAQ 100 Covered Call ETF | 55.2% | -15 bp | +0.1% |
| QRMI | Global X NASDAQ 100 Risk Managed Income ETF | 55.1% | -15 bp | +0.3% |
| QYLG | Global X Nasdaq 100 Covered Call & Growth ETF | 54.6% | -15 bp | -0.3% |
| QTR | Global X NASDAQ 100 Tail Risk ETF | 54.1% | -49 bp | -0.2% |
| JEPQ | J.P. Morgan Nasdaq Equity Premium Income ETF | 47.2% | -40 bp | +0.5% |
| NUSI | Nationwide Nasdaq-100 Risk-Managed Income ETF | 47.2% | -7 bp | +0.3% |
| XCLR | Global X S&P 500 Collar 95-110 ETF | 46.9% | -50 bp | +1.1% |
| XYLD | Global X S&P 500 Covered Call ETF | 46.2% | -15 bp | +0.8% |
| XRMI | Global X S&P 500 Risk Managed Income ETF | 46.2% | -15 bp | +1.0% |
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.
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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
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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 6/3/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
3.8%
ALTAR SCORE™
25th
PERCENTILE
UNDERWEIGHT
ETFRC RATING
There are 1,399 funds in the US Equity category with an average
ALTAR Score™ of 5.3% and a standard deviation
of 2.1%. FTQI's ALTAR Score™ is approximately -0.7 standard
deviations above the category average. This places FTQI in the 25th percentile
among funds in the category.
Sell-Side Consensus
$23.04
PRICE TARGET
+5.0%
UPSIDE