FTQI - ETF AI Analysis
Top Page
First Trust Hedged BuyWrite Income ETF (FTQI)
FTQI, the First Trust Hedged BuyWrite Income ETF, earns a solid overall rating thanks to its heavy exposure to high-quality tech leaders like Alphabet and Apple, which benefit from strong financial performance, profitability, and long-term growth drivers in AI, cloud, and services. The fund also holds other strong names such as Micron and Nvidia, but several holdings face risks from high valuations, mixed or bearish technical signals, and sector-specific challenges, which can limit upside. The main risk factor is its concentration in large technology and AI-focused companies, making the ETF sensitive to swings in that sector and broader market sentiment toward high-growth, premium-valued stocks.
FTQI vs. SPDR S&P 500 ETF (SPY)
- AUM
- 1.03B
- Region
- North America
- Expense Ratio
- 0.75%
- Beta
- 0.80
- Issuer
- First Trust
- Inception Date
- Jan 06, 2014
- Dividend Yield
- 11.63%
- Asset Class
- Equity
- Index Tracked
- No Underlying Index
FTQI Summary
FTQI is the First Trust Hedged BuyWrite Income ETF, focused mainly on large U.S. companies, especially in technology. It doesn’t track a specific index, but follows a buy-write income strategy: it owns big stocks and sells options on them to generate extra income. Well-known holdings include Apple and Nvidia, along with other major tech and consumer names. Someone might invest in FTQI for a mix of stock market exposure and potential steady income, plus diversification across many sectors. A key risk is that it is heavily tilted toward tech and still moves up and down with the overall stock market.
How much will it cost me?
This ETF has an expense ratio of 0.75%, which means you’ll pay about $7.50 per year for every $1,000 you invest. That’s higher than the average low-cost index ETF because FTQI uses an actively managed, options-based buy-write strategy to generate income and manage risk.
What would affect this ETF?
FTQI could benefit if major U.S. technology and consumer companies like Apple, Nvidia, Amazon, and Alphabet continue to grow and if stock markets remain relatively stable, since its buy-write strategy is designed to generate steady income from these large-cap holdings. On the other hand, sharp market drops, weaker performance in the tech sector, changes in U.S. economic conditions or interest rates that hurt growth stocks, or new regulations affecting big tech and options strategies could limit both income and price gains for this ETF.
FTQI Top 10 Holdings
FTQI is essentially riding the Big Tech and semiconductor wave, with Apple and Amazon providing steady, rising support at the core of the portfolio. The real horsepower comes from chip names like AMD and Micron, which have been strong climbers and help power the fund’s tech-heavy tilt. On the flip side, Nvidia’s recent wobble and Alphabet’s weaker stretch have acted as a bit of a brake, while Meta’s mixed performance adds some bumpiness. Overall, this is a U.S.-focused, tech-centric ETF where a handful of giants largely set the tone.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 AAPL | Apple | 9.25% | $93.10M | $5.03T | 26.98% | 79Outperform |
 NVDA | Nvidia | 6.11% | $61.50M | $4.93T | 0.86% | 76Outperform |
 AMD | Advanced Micro Devices | 4.89% | $49.24M | $824.07B | 98.09% | 73Outperform |
 AMZN | Amazon | 4.03% | $40.52M | $2.59T | 7.85% | 71Outperform |
 CSCO | Cisco Systems | 3.12% | $31.42M | $411.45B | 43.34% | 77Outperform |
 TSLA | Tesla | 3.03% | $30.50M | $1.58T | -9.15% | 73Outperform |
 PLTR | Palantir Technologies | 2.71% | $27.25M | $442.43B | -5.37% | 74Outperform |
 META | Meta Platforms | 2.62% | $26.36M | $1.57T | -7.72% | 76Outperform |
 MU | Micron | 2.07% | $20.79M | $1.00T | 294.96% | 79Outperform |
 GOOG | Alphabet Class C | 1.71% | $17.19M | $3.41T | -1.31% | 82Outperform |
FTQI Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FTQI, the sentiment is Negative. The current price of 21.62 is below the 20-day moving average (MA) of 22.01, below the 50-day MA of 21.84, and above the 200-day MA of 20.49, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 41.09 is Neutral, neither overbought nor oversold. The STOCH value of 63.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FTQI.
FTQI Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| FTQI | $21.62 | $24.50(13.32% Upside) | $1.03B | 0.75% | 70Outperform |
 FELC | $42.70 | $52.90(23.89% Upside) | $8.88B | 0.18% | 74Outperform |
 TCAF | $42.82 | $54.09(26.32% Upside) | $8.15B | 0.31% | 69Neutral |
 DIVO | $47.33 | $53.41(12.84% Upside) | $8.06B | 0.56% | 64Neutral |
 GPIQ | $54.29 | $71.54(31.77% Upside) | $6.57B | 0.29% | 73Outperform |
 GPIX | $55.14 | $67.21(21.89% Upside) | $6.51B | 0.29% | 71Outperform |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| FTQI | First Trust Hedged BuyWrite Income ETF | 21.62 | 2.93 | 15.66% | |
| FELC | Fidelity Enhanced Large Cap Core ETF | 42.70 | 4.97 | 13.16% | |
| TCAF | T. Rowe Price Capital Appreciation Equity ETF | 42.82 | 4.28 | 11.12% | |
| DIVO | Amplify CWP Enhanced Dividend Income ETF | 47.33 | 5.56 | 13.30% | |
| GPIQ | Goldman Sachs Nasdaq 100 Core Premium Income ETF | 54.29 | 5.39 | 11.02% | |
| GPIX | Goldman Sachs S&P 500 Core Premium Income ETF | 55.14 | 6.36 | 13.05% |
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.