FTHI - First Trust BuyWrite Income - Stock & Dividends
Exchange: USA Stocks • Country: USA • Currency: USD • Type: Etf • ISIN: US33738R3084 • Derivative Income
Stocks, Options, Call Options
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 New York Stock Exchange (NYSE) and the NASDAQ. This ETF focuses on established companies with a strong market presence, providing a solid foundation for potential long-term growth.
In addition to its equity holdings, the fund employs an option strategy to enhance returns. It writes (sells) call options on the Standard & Poor's 500 Index, which is a widely followed benchmark of the U.S. stock market. This approach allows the ETF to generate premium income from the sale of these options, which can help to offset potential losses or enhance returns in a stable market environment.
The call options written by the fund are structured as a laddered portfolio, meaning they have staggered expiration dates of less than one year. This approach helps to manage risk and provides a regular stream of income as options expire and are replaced. The options are written at-the-money or slightly out-of-the-money, which means they are priced close to the current market value of the underlying index or slightly above it. This strategy is designed to balance potential upside with income generation.
As a U.S.-domiciled fund, the First Trust BuyWrite Income ETF is subject to the regulatory framework and investor protections of the United States. For more information, investors can visit the fund's website at http://www.ftportfolios.com/.
Drawdown (Underwater) Chart
FTHI ETF Overview
Market Cap in USD | 962m |
Category | Derivative Income |
TER | 0.75% |
IPO / Inception | 2014-01-06 |
FTHI ETF Ratings
Growth 5y | 68.1 |
Fundamental | - |
Dividend | 93.4 |
Rel. Performance vs Sector | 0.29 |
Analysts | - |
Fair Price Momentum | 25.08 USD |
Fair Price DCF | - |
FTHI Dividends
Dividend Yield 12m | 8.49% |
Yield on Cost 5y | 12.29% |
Dividends CAGR 5y | 13.59% |
Payout Consistency | 97.1% |
FTHI Growth Ratios
Growth Correlation 3m | 94.2% |
Growth Correlation 12m | 97.7% |
Growth Correlation 5y | 90.3% |
CAGR 5y | 7.68% |
CAGR/Mean DD 5y | 1.49 |
Sharpe Ratio 12m | 2.46 |
Alpha vs SP500 12m | -3.69 |
Beta vs SP500 5y weekly | 0.71 |
ValueRay RSI | 48.23 |
Volatility GJR Garch 1y | 8.02% |
Price / SMA 50 | 2.12% |
Price / SMA 200 | 7.08% |
Current Volume | 221.5k |
Average Volume 20d | 196.9k |
External Links for FTHI ETF
Wall Street Journal • Benzinga • Yahoo Finance
Tweets
X • Stocktwits
Fund Manager Positions
Dataroma • Stockcircle
As of October 29, 2024, the stock is trading at USD 23.14 with a total of 221,470 shares traded.
Over the past week, the price has changed by -0.03%, over one month by +1.53%, over three months by +5.38% and over the past year by +26.82%.
According to ValueRays Forecast Model, FTHI First Trust BuyWrite Income will be worth about 27.6 in October 2025. The stock is currently trading at 23.14. This means that the stock has a potential upside of +19.27%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 27.6 | 19.3 |