FTQI - ETF AI Analysis
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First Trust Hedged BuyWrite Income ETF (FTQI)
Rating:71Outperform
Price Target:―
Positive Factors
Strong Overall Recent Performance
The fund’s year-to-date and three-month results have been solid, showing it has benefited from recent market strength.
Leading Tech Stocks in Top Holdings
Several major technology names in the top holdings, such as Apple, Nvidia, AMD, Cisco, and Micron, have shown strong or very strong performance, helping drive the ETF’s returns.
Broad Sector Spread Beyond Technology
While technology is the largest slice, the ETF also holds consumer, health care, industrials, financials, and other sectors, which helps reduce the impact if one industry weakens.
Negative Factors
High Concentration in Technology
With a large portion of assets in the technology sector, the fund is more exposed to swings in tech stocks than a more evenly balanced ETF.
Mixed Performance Among Top Holdings
Some key positions like Meta, Tesla, and Walmart have been weak or lagging, which can offset gains from stronger stocks in the portfolio.
Relatively High Expense Ratio
The fund’s fee is on the higher side for an ETF, which means more of the returns are eaten up by costs over time.
FTQI vs. SPDR S&P 500 ETF (SPY)
AUM954.76M
RegionNorth America
Expense Ratio0.75%
Beta0.80
IssuerFirst Trust
Inception DateJan 06, 2014
Dividend Yield11.19%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume528,276
30 Day Avg. Volume339,930
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
27.24Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering172
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FTQI Summary
FTQI is the First Trust Hedged BuyWrite Income ETF, focused mainly on large U.S. companies and using an options-based “buy-write” strategy to generate extra income. It doesn’t track a specific index, but holds big, well-known names like Apple and Nvidia, along with other large tech, consumer, and communication companies. Investors might consider FTQI if they want stock market exposure plus a potential income stream, with some cushion against market ups and downs. However, it still holds stocks and is heavily tilted toward technology, so its value can rise and fall with the market and tech sector.
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, with Nvidia and AMD powering the story as their AI-fueled momentum keeps the tech engine humming. Palantir has been a standout riser lately, adding some extra spark on the software side. On the flip side, Apple looks like it’s catching its breath, while Meta and Tesla have been more of a drag, losing steam after earlier rallies. With nearly all exposure in U.S. large caps and a clear tilt toward technology, the fund’s fate is closely tied to the next move in the tech cycle.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Apple | 8.74% | $84.17M | $4.85T | 41.95% | 79 Outperform | |
| Nvidia | 6.49% | $62.51M | $5.26T | 22.76% | 76 Outperform | |
| Advanced Micro Devices | 5.03% | $48.45M | $842.57B | 225.49% | 73 Outperform | |
| Amazon | 4.22% | $40.60M | $2.77T | 12.55% | 71 Outperform | |
| Cisco Systems | 3.28% | $31.61M | $442.08B | 68.54% | 77 Outperform | |
| Tesla | 2.72% | $26.14M | $1.44T | -7.70% | 73 Outperform | |
| Meta Platforms | 2.71% | $26.04M | $1.65T | -14.24% | 76 Outperform | |
| Palantir Technologies | 2.41% | $23.21M | $401.87B | -2.45% | 74 Outperform | |
| Micron | 2.30% | $22.17M | $1.10T | 520.28% | 79 Outperform | |
| Seagate Tech | 2.12% | $20.41M | $188.77B | 323.58% | 68 Neutral |
FTQI Technical Analysis
Positive
―
Price Trends
21.84
Positive
21.41
Positive
20.36
Positive
Market Momentum
0.06
Positive
52.12
Neutral
55.56
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 21.99, equal to the 50-day MA of 21.84, and equal to the 200-day MA of 20.36, indicating a bullish trend. The MACD of 0.06 indicates Positive momentum. The RSI at 52.12 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 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
22.00
3.70
20.22%
INFO
Harbor PanAgora Dynamic Large Cap Core ETF
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NBCR
Neuberger Berman Core Equity ETF
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AFLG
First Trust Active Factor Large Cap ETF
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―
―
GSPY
Gotham Enhanced 500 ETF
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―
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SEIQ
SEI Enhanced U.S. Large Cap Quality Factor 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.
DisclaimerThis 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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