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FTQI - ETF AI Analysis
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First Trust Hedged BuyWrite Income ETF (FTQI)
Rating:73Outperform
Price Target:―
Positive Factors
Large, Established Tech Leaders
The fund’s biggest positions are in well-known, mega-cap technology and growth companies, which can provide strong long-term growth potential.
Broad Sector Mix Beyond Technology
While tech is the largest slice, the ETF also holds stocks in communication services, consumer, health care, financials, and other sectors, helping spread risk across different parts of the economy.
Meaningful Fund Size
With hundreds of millions in assets under management, the ETF is large enough to offer better trading liquidity and stability than very small niche funds.
Negative Factors
Heavy Concentration in Technology
Nearly half of the portfolio is in technology stocks, so a downturn in that sector could have a big impact on the fund.
Recent Weakness in Several Top Holdings
Many of the largest positions have shown weak year-to-date performance, which has contributed to the fund’s slightly negative returns so far this year.
High Expense Ratio
The fund charges a relatively high fee for an ETF, which can eat into returns over time compared with lower-cost alternatives.
FTQI vs. SPDR S&P 500 ETF (SPY)
AUM778.19M
RegionNorth America
Expense Ratio0.76%
Beta0.81
IssuerFirst Trust
Inception DateJan 06, 2014
Dividend Yield11.34%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume216,817
30 Day Avg. Volume252,767
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
24.68Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering160
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FTQI Summary
The First Trust Hedged BuyWrite Income ETF (FTQI) invests mainly in large U.S. companies and uses an options strategy to try to generate extra income. It doesn’t track a specific index, but focuses heavily on big technology names like Apple and Nvidia, along with other well-known firms such as Microsoft and Amazon. Investors might consider FTQI if they want stock market exposure with an added income focus and some potential cushion against market swings. A key risk is that it is heavily tilted toward tech stocks, so its value can still rise and fall sharply with the tech sector and overall market.
How much will it cost me?The First Trust Hedged BuyWrite Income ETF (FTQI) has an expense ratio of 0.76%, which means you’ll pay $7.60 per year for every $1,000 invested. This is higher than average because it uses an actively managed strategy involving options to enhance income and manage risk, which typically requires more expertise and resources.
What would affect this ETF?FTQI's focus on large-cap U.S. companies, particularly in technology and communication services, positions it to benefit from continued innovation and growth in these sectors. However, its reliance on a buy-write strategy may limit upside potential during strong bull markets, and economic challenges like rising interest rates or regulatory changes in tech could negatively impact performance. Diversification across sectors provides some stability, but the ETF remains sensitive to market volatility and sector-specific risks.
FTQI Top 10 Holdings
FTQI is leaning heavily on U.S. Big Tech and chip names, with Nvidia, Apple, Microsoft, AMD, and Amazon setting the tone. Lately, AMD and Amazon have been the bright spots, helping to prop up returns, while Apple, Microsoft, and especially Tesla and Palantir look like they’re losing steam and tugging performance the other way. Costco has been a quiet overachiever, adding a bit of defensive strength. Overall, this is a U.S.-centric, tech-heavy story where a handful of mega-cap and AI-linked names drive most of the action.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 7.76% | $61.50M | $4.58T | 52.40% | 76 Outperform | |
| Apple | 7.28% | $57.70M | $3.80T | 7.14% | 79 Outperform | |
| Microsoft | 7.06% | $55.94M | $3.57T | 8.88% | 79 Outperform | |
| Amazon | 4.28% | $33.91M | $2.62T | 2.50% | 71 Outperform | |
| Advanced Micro Devices | 4.21% | $33.41M | $410.32B | 115.37% | 73 Outperform | |
| Tesla | 3.48% | $27.58M | $1.43T | 10.89% | 73 Outperform | |
| Broadcom | 3.23% | $25.59M | $1.58T | 61.49% | 76 Outperform | |
| Meta Platforms | 2.64% | $20.94M | $1.70T | -1.15% | 76 Outperform | |
| Costco | 2.31% | $18.33M | $430.68B | -0.34% | 72 Outperform | |
| Micron | 2.26% | $17.93M | $461.73B | 360.89% | 79 Outperform |
FTQI Technical Analysis
Positive
―
Price Trends
20.54
Positive
20.23
Positive
19.13
Positive
Market Momentum
0.11
Negative
63.80
Neutral
77.91
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FTQI, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 20.77, equal to the 50-day MA of 20.54, and equal to the 200-day MA of 19.13, indicating a bullish trend. The MACD of 0.11 indicates Negative momentum. The RSI at 63.80 is Neutral, neither overbought nor oversold. The STOCH value of 77.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FTQI.
FTQI Peer Comparison
Comparison Results
Performance Comparison
FTQI
First Trust Hedged BuyWrite Income ETF
21.04
2.30
12.27%
NBCR
Neuberger Berman Core Equity ETF
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―
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MODL
VictoryShares WestEnd U.S. Sector ETF
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DSPY
Tema S&P 500 Historical Weight ETF Strategy
―
―
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BALI
BlackRock Advantage Large Cap Income ETF
―
―
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LRGC
AB US Large Cap Strategic Equities ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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