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Upturn AI SWOT - About
First Trust Nasdaq BuyWrite Income ETF (FTQI)
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Upturn Advisory Summary
10/24/2025: FTQI (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 21.04% | Avg. Invested days 61 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | ETF Returns Performance  4.0 |
| Profits based on simulation | Last Close 10/24/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.74 | 52 Weeks Range 15.77 - 20.30 | Updated Date 06/29/2025 |
52 Weeks Range 15.77 - 20.30 | Updated Date 06/29/2025 |
Upturn AI SWOT
First Trust Nasdaq BuyWrite Income ETF
ETF Overview
Overview
The First Trust Nasdaq BuyWrite Income ETF (FTLB) seeks to generate current income from its option writing strategy while providing exposure to the Nasdaq-100 Index. The ETF writes covered call options on the Nasdaq-100 Index.
Reputation and Reliability
First Trust is a well-established ETF provider with a strong reputation in the industry.
Management Expertise
First Trust has a dedicated team of investment professionals with experience in managing option-based strategies.
Investment Objective
Goal
The investment objective is to seek current income.
Investment Approach and Strategy
Strategy: The ETF employs a covered call strategy on the Nasdaq-100 Index.
Composition The ETF's primary holdings are securities that make up the Nasdaq-100 index as well as cash and short term investments.
Market Position
Market Share: FTLB has a moderate market share within the covered call ETF market.
Total Net Assets (AUM): 111000000
Competitors
Key Competitors
- QYLD
- XYLD
- RYLD
Competitive Landscape
The covered call ETF market is moderately competitive. FTLB's advantage lies in its focus on the Nasdaq-100. Its disadvantage is the smaller AUM compared to larger competitors.
Financial Performance
Historical Performance: Historical performance data not included due to lack of updated numbers.
Benchmark Comparison: Benchmark comparison data not included due to lack of updated numbers.
Expense Ratio: 0.006
Liquidity
Average Trading Volume
FTLB exhibits a moderate average trading volume, facilitating relatively easy entry and exit for investors.
Bid-Ask Spread
The bid-ask spread for FTLB is typically reasonable, reflecting acceptable trading costs.
Market Dynamics
Market Environment Factors
Economic indicators, market volatility, and the performance of the Nasdaq-100 significantly influence FTLB.
Growth Trajectory
Growth depends on Nasdaq-100 performance and options premiums; strategy adjustments are possible in response to market changes.
Moat and Competitive Advantages
Competitive Edge
FTLB's competitive edge lies in its combination of Nasdaq-100 exposure and a covered call strategy, appealing to income-seeking investors. The specific focus on the Nasdaq-100 differentiates it from broader market covered call ETFs. The consistent implementation of the buy-write strategy aims to provide steady income. The fund has a well-regarded management team.
Risk Analysis
Volatility
FTLB experiences moderate volatility due to its underlying Nasdaq-100 exposure and the covered call strategy.
Market Risk
Market risk is primarily tied to the performance of the Nasdaq-100 index. Covered call strategy mitigates downside, but limits upside.
Investor Profile
Ideal Investor Profile
The ideal investor is someone seeking current income, has a moderate risk tolerance, and believes in the long-term growth of the Nasdaq-100.
Market Risk
FTLB is suitable for long-term investors looking for income generation and some downside protection. It is less appropriate for aggressive growth investors.
Summary
The First Trust Nasdaq BuyWrite Income ETF (FTLB) offers income through a covered call strategy on the Nasdaq-100. It suits income-seeking investors with moderate risk tolerance. It benefits from First Trust's expertise and a Nasdaq-100 focus. Upside potential is limited by the covered call strategy, and performance is tied to the Nasdaq-100's volatility. The ETF is moderately liquid and has a reasonable expense ratio.
Peer Comparison
Sources and Disclaimers
Data Sources:
- First Trust Website
- ETF.com
- Morningstar
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Investment decisions should be made based on your individual circumstances and after consulting with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About First Trust Nasdaq BuyWrite Income ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund will pursue its investment objective by investing primarily in equity securities listed on U.S. exchanges and by utilizing an "option strategy" consisting of writing (selling) U.S. exchange-traded call options on the Nasdaq-100 Index ®. The call options written by the fund will have expirations of less than one year, and will be typically written at-the-money to out-of-the-money.
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