Fund Evaluator:
First Trust Nasdaq BuyWrite Income ETF (FTQI)
Follow This Fund
Equity
Global Asset Class
Nontraditional Equity
Fund Group
Derivative Income
Category
$0.000
NAV (as of )
$0.00
Minimum Initial
0.75% B
Expense Ratio
$907 Mil
Assets
Open
Status
0.00%
12b-1 Fee
6.72%
TTM Yield
0.00%
Max Load
59%
Portfolio Turnover
Best Performing in Derivative Income Over the Last Year
| 23.8% | Cantor Fitzgerald Equity Div Plus Inst (FBPEX) |
| 21.2% | Horizon Equity Premium Income Investor (HNDDX) |
| 19.5% | Goldman Sachs US Eq Div and Premium Inv (GVIRX) |
| 17.2% | Lincoln U.S. Equity Income Maximizer A (LFTOX) |
| 15.8% | Invesco Income Advantage U.S. Fund Y (SCAYX) |
Data as of 7/31/2026
-1.0% C
1-Mo Return
4.9% B
3-Mo Return
11.5% B
YTD Return
22.6% B
1-Yr Return
15.8% B
3-Yr Return
11.7% A
5-Yr Return
0.74 C
Category Risk Index
0.79
Total Risk Index
Fund Details
Fund Family
First Trust
Inception Date
1/6/2014
Share Class Type
Equity Investment Style
Large-Cap
Growth
Bond Investment Style
na
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
S&P 500 (TR) (1970): 100%
Additional Fund Details
First Trust Nasdaq BuyWrite Income ETF Overview
FTQI Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FTQI Return (NAV) | -1.0% | 4.9% | 22.6% | 15.8% | 11.7% | 7.7% |
| FTQI Grade | C | B | B | B | A | C |
| +/- Category | -2.6% | 1.3% | 7.6% | 4.0% | 3.7% | -0.9% |
| Derivative Income Avg | 1.7% | 3.6% | 15.0% | 11.8% | 8.0% | 8.6% |
| FTQI Tax Cost Ratio | na | na | 2.8% | 1.3% | 1.6% | 1.3% |
FTQI Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FTQI Return (NAV) | 11.5% | 12.7% | 17.9% | 24.5% | -9.1% | 9.9% | -6.5% | 13.4% | -9.0% | 12.7% | 9.7% |
| FTQI Grade | B | C | C | A | B | F | F | F | F | C | B |
| +/- Category | 3.5% | 0.4% | 4.9% | 12.1% | -1.0% | -10.3% | -11.5% | -5.6% | -2.3% | -1.7% | 0.0% |
| Derivative Income Avg | 8.0% | 12.3% | 12.9% | 12.5% | -8.1% | 20.3% | 5.0% | 19.1% | -6.7% | 14.4% | 9.7% |
| Risk Measures | |
| Standard Deviation: | 9.7% |
| Total Risk Index: | 0.79 - Below Average |
| Category Risk Index: | 0.74 - Average |
| Category Risk Grade: | C (45% Rank) |
| Beta: | 0.69 |
| R-Squared: | 88% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Growth |
| Bond Investment Style: | na |
| Yield: | 6.7% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | |
| Total Assets: | $907 Mil |
| Fund Total Assets: | $ 908 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 59% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 12.6 years | |||
| Average Tenure: 12.6 years | |||
| Managers (Year): Gambla John (2014), Guttschow Rob (2014) | |||
Portfolio Composition (as of 7/30/26)
| # of Holdings: | 184 |
| % in Top 10 Holdings: | 39.7% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 2.7% |
Portfolio Allocation |
|
| Domestic Stock: | 90.3% |
| Foreign Stock: | 2.7% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 7.0% |
Purchase Information
| Fund Family: | First Trust |
| Phone Number: | 800-621-1675 |
| Website: | http://www.ftportfolios.com |
| Status: | Open |
| Inception Date: | January 6, 2014 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.00% |
Expenses and Fees | |
| Expense Ratio (%): | 0.75% ( Rating : Above Avg ) |
| Category Average Expense Ratio (%): | 1.12% |
| Share Class: | First Trust Nasdaq BuyWrite Income ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
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