First Trust Nasdaq BuyWrite Income ETF (FTQI) Research
The Fund's primary goal is to generate a steady stream of income. It achieves this by principally investing in stocks traded on American exchanges. To further boost its income potential, the Fund employs an options strategy: it actively sells U.S. exchange-traded covered call options linked to the Nasdaq-100 Index. This approach aims to secure additional cash flow through the collection of "premiums." A premium represents the payment the Fund receives when it sells an option contract to another party, and these earnings have the potential to be distributed to shareholders each month.
Market snapshot
- Symbol
- FTQI
- Price
- $22.08
- Day change
- +0.55%
- Market cap
- $885.5M
- 52-week range
- 19.2-22.23
- Sector
- Financial Services
- Industry
- Asset Management - Income
Peer companies
- Innovator Laddered Allocation Power Buffer ETF (BUFF)
- VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC)
- Neos Enhanced Income Cash Alternative ETF (CSHI)
- Wahed FTSE USA Shariah ETF (HLAL)
- Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD)
- Invesco Dividend Achievers ETF (PFM)
- TCW Transform Systems ETF (PWRD)
- Invesco NASDAQ Next Gen 100 ETF (QQQJ)
Open First Trust Nasdaq BuyWrite Income ETF (FTQI) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.