First Trust BuyWrite Income ETF
21.90USDR
+0.02+0.09%
Last update at May 22, 21:01 GMT
22.64USD
+0.74+3.38%
No tradesPre-marketLast update at 11:47 GMT
Key stats
About First Trust BuyWrite Income ETF
Home page
Inception date
Jan 6, 2014
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Portfolios LP
Distributor
First Trust Portfolios LP
FTHI is actively-managed to invest in US-listed stocks, overlaid by an options strategy. The fund manager uses a model that emphasizes stocks with higher dividends from the US-listed equity universe, then writes call options with expirations of less than one year, written at-the-money to slightly out-of-the-money against the S&P 500. The options strategy may comprise 20% of the fund and is designed to maximize income for its investors, though it comes at the cost of capital appreciation in a rising market. Realized premiums from the strategy may be distributed to shareholders monthly. The fund appears to be primarily model-driven in its portfolio selection, but the active management wrapper allows the fund manager to take advantage of market anomalies during periods of high volatility. Sibling fund FTLB, holds the same portfolio but uses options to reduce volatility. Effective Oct. 24, 2016, First Trust Dividend and Income Fund (FAV) a close-end fund merged into FTHI.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Stock breakdown by region
Top 10 holdings
Symbol
Assets
Symbol
Assets
M
Microsoft CorporationMSFT
6.71%
N
NVIDIA CorporationNVDA
5.80%
A
Apple Inc.AAPL
5.63%
A
Amazon.com, Inc.AMZN
3.18%
M
Meta Platforms Inc Class AMETA
2.84%
A
Broadcom Inc.AVGO
2.24%
U
U.S. Dollar
1.84%
G
Alphabet Inc. Class AGOOGL
1.75%
J
JPMorgan Chase & Co.JPM
1.48%
G
Alphabet Inc. Class CGOOG
1.38%
Top 10 weight32.86%
215 total holdings
No news here
Looks like there's nothing to report right now
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FTHI trades at 21.90 USD today, its price has risen 0.09% in the past 24 hours. Track more dynamics on FTHI price chart.
FTHI net asset value is 21.87 today — it's risen 5.89% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FTHI assets under management is 1.29 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FTHI price has risen by 6.05% over the last month, and its yearly performance shows a −2.49% decrease. See more dynamics on FTHI price chart.
NAV returns, another gauge of an ETF dynamics, showed a −3.54% decrease in three-month performance and has increased by 6.72% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −3.54% decrease in three-month performance and has increased by 6.72% in a year.
FTHI fund flows account for 691.45 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FTHI invests in stocks. See more details in our Analysis section.
FTHI expense ratio is 0.76%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FTHI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FTHI technical analysis shows the neutral rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FTHI shows the neutral signal. See more of FTHI technicals for a more comprehensive analysis.
Today, FTHI technical analysis shows the neutral rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FTHI shows the neutral signal. See more of FTHI technicals for a more comprehensive analysis.
Yes, FTHI pays dividends to its holders with the dividend yield of 9.31%.
FTHI trades at a premium (0.14%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FTHI shares are issued by AJM Ventures LLC
FTHI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 6, 2014.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.