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First Trust BuyWrite Income ETF (FTHI)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US33738R3084
CUSIP
33738R308
Inception Date
Jan 6, 2014
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Alternatives

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in First Trust BuyWrite Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

First Trust BuyWrite Income ETF (FTHI) has returned -0.61% so far this year and 14.85% over the past 12 months. Over the last ten years, FTHI has returned 7.99% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


First Trust BuyWrite Income ETF

1D
2.23%
1M
-2.30%
YTD
-0.61%
6M
1.27%
1Y
14.85%
3Y*
14.15%
5Y*
10.18%
10Y*
7.99%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jan 7, 2014, FTHI's average daily return is +0.03%, while the average monthly return is +0.65%. At this rate, your investment would double in approximately 8.9 years.

Historically, 68% of months were positive and 32% were negative. The best month was Apr 2020 with a return of +9.9%, while the worst month was Mar 2020 at -15.3%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.

On a daily basis, FTHI closed higher 52% of trading days. The best single day was Apr 9, 2025 with a return of +8.3%, while the worst single day was Sep 18, 2015 at -9.3%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.31%0.41%-2.30%-0.61%
20251.91%-1.01%-4.75%-0.63%3.68%3.76%1.58%1.49%2.89%1.09%0.48%0.32%11.03%
20241.97%2.92%2.45%-2.28%3.57%1.06%1.59%1.50%1.57%0.22%4.82%-1.64%19.02%
20235.67%-0.81%1.70%1.75%0.99%3.74%2.09%-0.23%-2.48%-1.61%5.93%2.63%20.72%
20220.09%0.82%5.01%-5.92%2.98%-7.53%6.53%-3.54%-8.36%6.62%3.78%-3.34%-4.37%
20210.54%1.33%3.85%1.55%3.32%0.17%-2.26%2.08%-0.90%3.18%-1.55%2.04%13.95%

Benchmark Metrics

First Trust BuyWrite Income ETF has an annualized alpha of 0.49%, beta of 0.65, and R² of 0.59 versus S&P 500 Index. Calculated based on daily prices since January 08, 2014.

  • This ETF participated in 75.83% of S&P 500 Index downside but only 66.19% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.65 indicates this ETF moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

Alpha
0.49%
Beta
0.65
0.59
Upside Capture
66.19%
Downside Capture
75.83%

Expense Ratio

FTHI has an expense ratio of 0.85%, placing it in the medium range.


Return for Risk

Risk / Return Rank

FTHI ranks 60 for risk / return — better than 60% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


FTHI Risk / Return Rank: 6060
Overall Rank
FTHI Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
FTHI Sortino Ratio Rank: 5656
Sortino Ratio Rank
FTHI Omega Ratio Rank: 6666
Omega Ratio Rank
FTHI Calmar Ratio Rank: 5252
Calmar Ratio Rank
FTHI Martin Ratio Rank: 7373
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for First Trust BuyWrite Income ETF (FTHI) and compare them to a chosen benchmark (S&P 500 Index).


FTHIBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.00

0.90

+0.10

Sortino ratio

Return per unit of downside risk

1.51

1.39

+0.13

Omega ratio

Gain probability vs. loss probability

1.25

1.21

+0.04

Calmar ratio

Return relative to maximum drawdown

1.40

1.40

0.00

Martin ratio

Return relative to average drawdown

7.84

6.61

+1.23

Explore FTHI risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

First Trust BuyWrite Income ETF provided a 8.99% dividend yield over the last twelve months, with an annual payout of $2.06 per share. The fund has been increasing its distributions for 8 consecutive years.


4.00%5.00%6.00%7.00%8.00%9.00%$0.00$0.50$1.00$1.50$2.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$2.06$2.06$2.00$1.82$1.75$0.96$0.96$0.96$0.96$0.93$0.94$1.00

Dividend yield

8.99%8.70%8.61%8.50%9.06%4.37%4.76%4.21%4.76%4.00%4.41%4.98%

Monthly Dividends

The table displays the monthly dividend distributions for First Trust BuyWrite Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.18$0.18$0.18$0.53
2025$0.17$0.17$0.17$0.16$0.16$0.16$0.17$0.17$0.17$0.18$0.18$0.18$2.06
2024$0.16$0.16$0.16$0.17$0.17$0.17$0.17$0.17$0.17$0.17$0.17$0.17$2.00
2023$0.15$0.15$0.15$0.15$0.15$0.15$0.16$0.16$0.16$0.15$0.15$0.15$1.82
2022$0.08$0.15$0.15$0.17$0.17$0.17$0.15$0.15$0.15$0.14$0.14$0.14$1.75
2021$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.96

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the First Trust BuyWrite Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the First Trust BuyWrite Income ETF was 32.65%, occurring on Mar 23, 2020. Recovery took 280 trading sessions.

The current First Trust BuyWrite Income ETF drawdown is 3.36%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-32.65%Feb 20, 202023Mar 23, 2020280May 3, 2021303
-17.17%Aug 30, 201880Dec 24, 2018132Jul 5, 2019212
-16.7%Apr 21, 2022113Sep 30, 2022175Jun 13, 2023288
-15.92%Feb 20, 202534Apr 8, 202559Jul 3, 202593
-15.1%Sep 18, 201585Jan 20, 2016126Jul 20, 2016211

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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