FTHI - First Trust BuyWrite Income - Stock & Dividends
Exchange: USA Stocks • Country: USA • Currency: USD • Type: Etf • ISIN: US33738R3084 • Derivative Income
Stocks, Options, Index Funds
The First Trust BuyWrite Income ETF (NASDAQ:FTHI) aims to generate income by investing in a diversified portfolio of U.S. equity securities listed on major exchanges, such as the NYSE and NASDAQ.
In addition to its equity holdings, the fund employs an option strategy to enhance returns. This involves selling (or 'writing') call options on the Standard & Poor's 500 Index, a widely followed benchmark of the U.S. stock market. By selling these options, the fund receives premiums from buyers, which can provide a regular stream of income.
The fund's option strategy is designed to be flexible and adaptable, with a laddered portfolio of call options that expire within a year. This approach allows the fund to take advantage of changing market conditions and adjust its strategy as needed. The options are typically written at-the-money or slightly out-of-the-money, which means they have a higher likelihood of expiring worthless, allowing the fund to retain the premiums received.
As a U.S.-domiciled fund, the First Trust BuyWrite Income ETF is subject to U.S. regulatory requirements and oversight. Investors can access more information about the fund and its investment approach on the website of its sponsor, First Trust Portfolios LP, at http://www.ftportfolios.com/.
Drawdown (Underwater) Chart
![Drawdown / Underwater Chart for FTHI - First Trust BuyWrite Income - Stock & Dividends](https://www.valueray.com/images/drawdown_chart/FTHI.NASDAQ_drawdown.png)
FTHI ETF Overview
Market Cap in USD | 854m |
Category | Derivative Income |
TER | 0.75% |
IPO / Inception | 2014-01-06 |
FTHI ETF Ratings
Growth 5y | 65.4 |
Fundamental | - |
Dividend | 92.1 |
Rel. Performance vs Sector | 0.11 |
Analysts | - |
Fair Price Momentum | 23.50 USD |
Fair Price DCF | - |
FTHI Dividends
Dividend Yield 12m | 8.68% |
Yield on Cost 5y | 12.07% |
Dividends CAGR 5y | 13.59% |
Payout Consistency | 97.7% |
FTHI Growth Ratios
Growth 12m | 15.73% |
Growth Correlation 12m | 97% |
Growth Correlation 3m | 56% |
CAGR 5y | 6.78% |
CAGR/Mean DD 5y | 1.31 |
Sharpe Ratio 12m | 1.21 |
Alpha vs SP500 12m | -1.79 |
Beta vs SP500 5y weekly | 0.69 |
ValueRay RSI | 13.31 |
Volatility GJR Garch 1y | 12.43% |
Price / SMA 50 | -0.36% |
Price / SMA 200 | 4.31% |
Current Volume | 152.2k |
Average Volume 20d | 179.7k |
External Links for FTHI ETF
Wall Street Journal • Benzinga • Yahoo Finance
Tweets
X • Stocktwits
Fund Manager Positions
Dataroma • Stockcircle
As of September 08, 2024, the stock is trading at USD 22.26 with a total of 152,192 shares traded.
Over the past week, the price has changed by -2.50%, over one month by +3.34%, over three months by +1.29% and over the past year by +15.24%.
According to ValueRays Forecast Model, FTHI First Trust BuyWrite Income will be worth about 25.9 in September 2025. The stock is currently trading at 22.26. This means that the stock has a potential upside of +16.44%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 25.9 | 16.4 |