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FTQI - ETF AI Analysis
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First Trust Hedged BuyWrite Income ETF (FTQI)
Rating:74Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several key stocks, including Nvidia, AMD, and Palantir, have delivered strong year-to-date performance, driving the ETF’s returns.
Sector Diversification
The ETF is spread across multiple sectors, with significant exposure to Technology, Communication Services, and Consumer Cyclical industries, reducing reliance on a single sector.
Consistent Asset Growth
The fund has a healthy level of assets under management, indicating steady investor interest and confidence.
Negative Factors
High Technology Concentration
Nearly half of the portfolio is allocated to Technology, making the ETF vulnerable to downturns in this sector.
High Expense Ratio
The ETF charges a relatively high expense ratio compared to many passive funds, which can eat into investor returns over time.
Limited Geographic Exposure
With almost all holdings based in the U.S., the ETF lacks diversification across global markets, increasing sensitivity to domestic economic conditions.
FTQI vs. SPDR S&P 500 ETF (SPY)
AUM774.92M
RegionNorth America
Expense Ratio0.76%
Beta0.81
IssuerFirst Trust
Inception DateJan 06, 2014
Dividend Yield11.42%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume279,225
30 Day Avg. Volume236,071
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
24.75Price 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) is an investment fund that focuses on large-cap companies, primarily in the U.S., and uses a strategy called 'buy-write.' This means it holds stocks from well-known companies like Apple and Nvidia while selling call options to generate extra income. FTQI is designed to provide a mix of growth and steady income, making it appealing for investors who want stability and diversification in their portfolio. However, since it heavily invests in technology companies, its performance can be affected by changes in the tech industry or overall market trends.
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 leans heavily into technology, with nearly half of its portfolio tied to the sector, making names like Apple and Nvidia key drivers of performance. Apple has been steady, buoyed by its services growth, while Nvidia’s recent dip reflects mixed momentum despite its AI leadership. Microsoft’s cloud and AI expansion offer promise, though its stock has faced some turbulence. Tesla and Palantir are rising stars, with Tesla’s strong financials and Palantir’s AI focus boosting their appeal. Overall, the fund’s U.S.-centric, tech-heavy positioning provides growth potential but leaves it vulnerable to sector-specific swings.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 8.00% | $60.47M | $4.60T | 32.07% | 76 Outperform | |
| Apple | 7.48% | $56.57M | $3.85T | 6.73% | 79 Outperform | |
| Microsoft | 7.13% | $53.90M | $3.59T | 12.61% | 79 Outperform | |
| Amazon | 4.41% | $33.36M | $2.58T | 10.88% | 71 Outperform | |
| Advanced Micro Devices | 3.93% | $29.72M | $341.92B | 67.99% | 73 Outperform | |
| Tesla | 3.57% | $27.03M | $1.43T | 10.34% | 73 Outperform | |
| Broadcom | 3.56% | $26.93M | $1.63T | 44.99% | 76 Outperform | |
| Meta Platforms | 2.60% | $19.64M | $1.64T | 5.79% | 76 Outperform | |
| Palantir Technologies | 2.37% | $17.94M | $433.02B | 159.21% | 74 Outperform | |
| Alphabet Class C | 2.31% | $17.44M | $3.89T | 66.85% | 82 Outperform |
FTQI Technical Analysis
Positive
―
Price Trends
20.61
Positive
20.21
Positive
19.05
Positive
Market Momentum
0.10
Positive
55.22
Neutral
62.82
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 20.83, equal to the 50-day MA of 20.61, and equal to the 200-day MA of 19.05, indicating a bullish trend. The MACD of 0.10 indicates Positive momentum. The RSI at 55.22 is Neutral, neither overbought nor oversold. The STOCH value of 62.82 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
20.88
2.52
13.73%
AVLC
Avantis U.S. Large Cap Equity ETF
―
―
―
DSPY
Tema S&P 500 Historical Weight ETF Strategy
―
―
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MODL
VictoryShares WestEnd U.S. Sector ETF
―
―
―
LRGC
AB US Large Cap Strategic Equities ETF
―
―
―
NBCR
Neuberger Berman Core Equity ETF
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―
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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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