First Trust Nasdaq BuyWrite Income ETF (FTQI)

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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.

First Trust Nasdaq BuyWrite Income ETF (FTQI) has returned -1.37% so far this year and 19.08% over the past 12 months. Over the last ten years, FTQI has returned 6.85% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 7, 2014, FTQI's average daily return is +0.03%, while the average monthly return is +0.53%. At this rate, your investment would double in approximately 10.9 years.

Historically, 64% of months were positive and 36% were negative. The best month was Jul 2022 with a return of +7.5%, while the worst month was Sep 2022 at -9.3%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.

On a daily basis, FTQI closed higher 49% of trading days. The best single day was Apr 9, 2025 with a return of +9.9%, while the worst single day was Apr 4, 2025 at -5.9%.

First Trust Nasdaq BuyWrite Income ETF has an annualized alpha of 1.04%, beta of 0.49, and R² of 0.40 versus S&P 500 Index. Calculated based on daily prices since January 08, 2014.

• This ETF participated in 61.77% of S&P 500 Index downside but only 52.02% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.49 may look defensive, but with R² of 0.40 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.40 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

FTQI has an expense ratio of 0.75%, placing it in the medium range.

FTQI ranks 69 for risk / return — better than 69% 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.

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

First Trust Nasdaq BuyWrite Income ETF provided a 11.97% dividend yield over the last twelve months, with an annual payout of $2.39 per share.

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.

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.

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 19.42%, occurring on Apr 8, 2025. Recovery took 83 trading sessions.

The current First Trust Nasdaq BuyWrite Income ETF drawdown is 3.38%.

The chart below shows the rolling one-month volatility.