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Upturn AI SWOT - About
First Trust Nasdaq BuyWrite Income ETF (FTQI)
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Upturn Advisory Summary
08/14/2025: 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 16.11% | Avg. Invested days 51 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 08/14/2025 |
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 current income with a secondary goal of capital appreciation. It employs a covered call strategy on the NASDAQ-100 Index, writing call options to generate income.
Reputation and Reliability
First Trust is a well-established ETF provider with a solid reputation for offering a diverse range of investment products.
Management Expertise
First Trust has a team of experienced investment professionals managing its ETFs, including those specializing in options strategies.
Investment Objective
Goal
The primary investment goal is to seek current income; a secondary goal is capital appreciation.
Investment Approach and Strategy
Strategy: The ETF implements a buy-write strategy, investing in the stocks of the NASDAQ-100 Index and writing (selling) call options on the index.
Composition The ETF primarily holds stocks included in the NASDAQ-100 Index and uses call options to generate income.
Market Position
Market Share: The ETF holds a noticeable market share within the covered call ETF segment.
Total Net Assets (AUM): 822759753.18
Competitors
Key Competitors
- Global X Nasdaq 100 Covered Call ETF (QYLD)
- Nationwide Risk-Managed Income ETF (NUSI)
- Amplify CWP Enhanced Dividend Income ETF (DIVO)
Competitive Landscape
The covered call ETF market is competitive. FTLB distinguishes itself through First Trust's reputation and the specific implementation of its buy-write strategy on the NASDAQ-100. Compared to competitors, FTLB's performance and risk profile may vary due to differing option strategies and expense ratios. FTLB offers a middle ground, attempting to balance risk and income.
Financial Performance
Historical Performance: Historical performance data should be sourced from financial data providers.
Benchmark Comparison: The ETF's performance can be compared to the NASDAQ-100 Index and other covered call strategies.
Expense Ratio: 0.6
Liquidity
Average Trading Volume
The ETF has a relatively moderate average daily trading volume, indicating reasonable liquidity.
Bid-Ask Spread
The bid-ask spread is typically small, implying lower transaction costs.
Market Dynamics
Market Environment Factors
Economic indicators, interest rate changes, and volatility in the technology sector influence FTLB.
Growth Trajectory
Growth trends depend on the performance of the NASDAQ-100 and the effectiveness of the buy-write strategy in generating income.
Moat and Competitive Advantages
Competitive Edge
FTLB benefits from First Trust's established brand and distribution network. Its buy-write strategy provides a potential income stream in various market conditions, offering a degree of downside protection during market declines. The NASDAQ-100 focus makes it attractive to investors seeking exposure to leading technology companies. The ETF aims for consistent income generation through option premiums. However, the capped upside of a buy-write strategy might limit growth potential in strongly bullish markets.
Risk Analysis
Volatility
The volatility of FTLB is influenced by the volatility of the NASDAQ-100 Index and the specific options strategy employed.
Market Risk
Market risk stems from the underlying equities in the NASDAQ-100 Index, sector concentration, and the potential for losses if options are exercised unfavorably.
Investor Profile
Ideal Investor Profile
The ideal investor is seeking current income, has a moderate risk tolerance, and wants exposure to the technology sector.
Market Risk
The ETF is suitable for long-term investors seeking income and potential capital appreciation.
Summary
The First Trust Nasdaq BuyWrite Income ETF is designed for income-seeking investors, using a covered call strategy on the NASDAQ-100 Index. It offers regular income through option premiums but caps potential upside. The ETF is susceptible to market fluctuations and performs best in sideways or moderately bullish markets. FTLB suits investors with moderate risk tolerance seeking technology exposure and income, while it is important to consider its capped upside potential relative to pure equity investments.
Peer Comparison
Sources and Disclaimers
Data Sources:
- First Trust Website
- ETF.com
- Morningstar
- Bloomberg
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.
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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