First Trust Nasdaq BuyWrite Income ETF (FTQI)
FTQI is a passive ETF by First Trust tracking the investment results of the NASDAQ-100 Index. FTQI launched on Jan 6, 2014 and has a 0.75% expense ratio.
ETF Info
US33738R4074
Jan 6, 2014
North America (U.S.)
1x
NASDAQ-100 Index
Large-Cap
Growth
Expense Ratio
FTQI features an expense ratio of 0.75%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in First Trust Nasdaq 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.
Returns By Period
First Trust Nasdaq BuyWrite Income ETF had a return of 19.04% year-to-date (YTD) and 19.09% in the last 12 months. Over the past 10 years, First Trust Nasdaq BuyWrite Income ETF had an annualized return of 5.92%, while the S&P 500 had an annualized return of 11.06%, indicating that First Trust Nasdaq BuyWrite Income ETF did not perform as well as the benchmark.
FTQI
19.04%
2.25%
9.51%
19.09%
6.77%
5.92%
^GSPC (Benchmark)
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Monthly Returns
The table below presents the monthly returns of FTQI, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.45% | 3.33% | 1.81% | -2.60% | 3.14% | 2.00% | -0.14% | 1.21% | 2.24% | -0.24% | 5.73% | 19.04% | |
| 2023 | 7.32% | -0.21% | 3.13% | 1.11% | 0.75% | 3.46% | 1.82% | -0.78% | -2.77% | -0.54% | 6.29% | 2.29% | 23.63% |
| 2022 | 0.02% | 1.46% | 3.87% | -5.08% | 0.40% | -5.93% | 7.53% | -3.77% | -9.29% | 4.19% | 2.01% | -3.24% | -8.77% |
| 2021 | 1.46% | 0.31% | 2.28% | 1.27% | 3.21% | -0.48% | -1.92% | 1.60% | 1.25% | 0.99% | -1.50% | 1.67% | 10.48% |
| 2020 | -1.41% | -4.41% | -7.09% | 3.17% | 0.53% | -0.07% | 2.93% | -0.37% | -5.28% | -1.28% | 3.83% | 3.39% | -6.56% |
| 2019 | 5.08% | 2.67% | -0.21% | 2.11% | -2.53% | 4.00% | 0.43% | -0.34% | 1.34% | 0.11% | 0.20% | 0.52% | 13.98% |
| 2018 | 1.02% | -4.07% | -0.93% | -0.85% | 2.55% | 1.32% | 1.13% | 2.27% | -0.63% | -4.43% | 0.44% | -7.56% | -9.78% |
| 2017 | -0.75% | 1.54% | -0.17% | 1.11% | -0.97% | 3.16% | 0.48% | 1.40% | 2.30% | 1.18% | 1.35% | 1.29% | 12.50% |
| 2016 | -4.67% | 2.32% | 3.47% | -2.37% | 2.52% | -1.26% | 4.05% | -0.68% | 0.37% | 0.36% | 4.63% | 1.64% | 10.42% |
| 2015 | -0.98% | 3.93% | -1.54% | 0.86% | 0.44% | -0.39% | -0.44% | -5.01% | -2.52% | 6.75% | 1.48% | -2.01% | 0.04% |
| 2014 | -3.24% | 1.88% | 1.73% | 0.17% | 1.14% | 1.83% | -2.17% | 2.29% | 2.74% | -2.74% | 1.36% | 0.27% | 5.14% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 78, FTQI is among the top 22% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for First Trust Nasdaq BuyWrite Income ETF (FTQI) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
First Trust Nasdaq BuyWrite Income ETF provided a 12.48% dividend yield over the last twelve months, with an annual payout of $2.62 per share. The fund has been increasing its distributions for 6 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.62 | $2.28 | $1.78 | $0.66 | $0.66 | $0.66 | $0.66 | $0.64 | $0.64 | $0.66 | $0.67 |
Dividend yield | 12.48% | 11.49% | 9.85% | 3.05% | 3.27% | 2.95% | 3.27% | 2.77% | 3.04% | 3.32% | 3.30% |
Monthly Dividends
The table displays the monthly dividend distributions for First Trust Nasdaq BuyWrite Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $2.43 |
| 2023 | $0.18 | $0.18 | $0.18 | $0.19 | $0.19 | $0.19 | $0.20 | $0.20 | $0.20 | $0.19 | $0.19 | $0.19 | $2.28 |
| 2022 | $0.06 | $0.06 | $0.06 | $0.06 | $0.21 | $0.21 | $0.20 | $0.20 | $0.20 | $0.18 | $0.18 | $0.18 | $1.78 |
| 2021 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.66 |
| 2020 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.66 |
| 2019 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.66 |
| 2018 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.66 |
| 2017 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.64 |
| 2016 | $0.06 | $0.06 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.64 |
| 2015 | $0.06 | $0.06 | $0.06 | $0.02 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.66 |
| 2014 | $0.07 | $0.06 | $0.01 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.67 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the First Trust Nasdaq 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 Nasdaq BuyWrite Income ETF was 18.60%, occurring on Oct 14, 2022. Recovery took 184 trading sessions.
The current First Trust Nasdaq BuyWrite Income ETF drawdown is 1.55%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.6% | Apr 21, 2022 | 123 | Oct 14, 2022 | 184 | Jul 12, 2023 | 307 |
| -15.51% | Jan 21, 2020 | 44 | Mar 23, 2020 | 291 | May 18, 2021 | 335 |
| -15.2% | Jan 24, 2018 | 232 | Dec 24, 2018 | 250 | Dec 20, 2019 | 482 |
| -13.45% | Dec 9, 2015 | 28 | Jan 20, 2016 | 123 | Jul 15, 2016 | 151 |
| -10.59% | Sep 23, 2014 | 17 | Oct 15, 2014 | 150 | May 21, 2015 | 167 |
Volatility
Volatility Chart
The current First Trust Nasdaq BuyWrite Income ETF volatility is 2.64%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.