First Trust Small Cap BuyWrite Income ETF (FTKI)Derivative Income | Exchange Traded Fund | NYSEArca
19.32 USD
-0.31
(-1.574%) ⇩
(Oct. 14, 2026, 3:12 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 9:15 a.m. EDT
The instrument offers a compelling income floor with a 9.36% yield, driven by consistent monthly distributions averaging around $0.19 per share. However, this high yield comes with significant capital erosion risks; the price has drifted lower over the last two weeks, trading below both its 50-day and 200-day moving averages, which suggests weak underlying momentum for the small-cap buy-write strategy it employs. While the statistical forecast indicates a negligible upward drift over the next 45 days, this is insufficient to overcome the technical weakness. For the long term, the asset lacks a multi-year price history to validate its business quality or growth trajectory, leaving investors reliant solely on the current dividend sustainability rather than capital appreciation. It serves as a speculative income play rather than a core holding. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.014592 |
| AutoETS | 0.014621 |
| AutoTheta | 0.014997 |
| MSTL | 0.015231 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 61% |
| H-stat | 2.18 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.033 |
| Excess Kurtosis | 0.07 |
| Attribute | Value |
|---|---|
| Trailing P/E | 14.74 |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.03% | 11.88% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-24 | 0.199 | 1.032479 |
| 2026-08-21 | 0.199 | 0.989951 |
| 2026-07-21 | 0.199 | 0.995348 |
| 2026-06-25 | 0.193 | 0.975733 |
| 2026-05-21 | 0.193 | 0.988375 |
| 2026-04-21 | 0.193 | 0.980442 |
| 2026-03-26 | 0.188 | 0.982801 |
| 2026-02-20 | 0.188 | 0.935323 |
| 2026-01-21 | 0.188 | 0.981160 |
| 2025-12-12 | 0.187 | 0.988790 |
| 2025-11-21 | 0.187 | 1.007217 |
| 2025-10-21 | 0.187 | 1.019629 |
| 2025-09-25 | 0.187 | 1.005755 |
| 2025-08-21 | 0.187 | 0.998238 |
| 2025-07-22 | 0.187 | 1.003865 |
| 2025-06-26 | 0.191 | 1.020899 |
| 2025-05-21 | 0.191 | 1.038608 |
| 2025-04-22 | 0.191 | 1.069130 |
| Attribute | Value |
|---|---|
| All Time High | 21.63 |
| All Time Low | 16.932 |
| Ask | 28.93 |
| Ask Size | 600 |
| Average Daily Volume10 Day | 8,420 |
| Average Daily Volume3 Month | 7,287 |
| Average Volume | 7,287 |
| Average Volume10Days | 8,420 |
| Beta3 Year | 0.0 |
| Bid | 9.76 |
| Bid Size | 500 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 19.316 |
| Day Low | 19.27 |
| Display Name | Small Cap BuyWrite Income ETF |
| Dividend Yield | 9.36 |
| Eps Trailing Twelve Months | 1.3104755 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 19.86688 |
| Fifty Day Average Change | -0.55088043 |
| Fifty Day Average Change Percent | -0.027728582 |
| Fifty Two Week Change Percent | 7.883024 |
| Fifty Two Week High | 21.63 |
| Fifty Two Week High Change | -2.3139992 |
| Fifty Two Week High Change Percent | -0.10698101 |
| Fifty Two Week Low | 18.12 |
| Fifty Two Week Low Change | 1.1959991 |
| Fifty Two Week Low Change Percent | 0.066004366 |
| Fifty Two Week Range | 18.12 - 21.63 |
| First Trade Date Milliseconds | 1,740,753,000,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.0033988953 |
| Fullday Change Percent | -0.017307395 |
| Fullday Price | 19.316 |
| Fund Family | First Trust |
| Fund Inception Date | 1,740,441,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | Under normal market conditions, the fund will pursue its investment objectives by investing primarily in small cap equity securities listed on U.S. exchanges and by utilizing a buy-write “option strategy” consisting of writing (selling) U.S. exchange-traded call options on the Russell 2000® Index or small cap equity exchange-traded funds. The fund is non-diversified. |
| Long Name | First Trust Small Cap BuyWrite Income ETF |
| Market | us_market |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_1912954983 |
| Nav Price | 19.65 |
| Net Assets | 25,797,120.0 |
| Net Expense Ratio | 0.86 |
| Open | 19.3 |
| Phone | (800) 621-1675 |
| Previous Close | 19.6249 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.308901 |
| Regular Market Change Percent | -1.57402 |
| Regular Market Day High | 19.316 |
| Regular Market Day Low | 19.27 |
| Regular Market Day Range | 19.27 - 19.316 |
| Regular Market Open | 19.3 |
| Regular Market Previous Close | 19.6249 |
| Regular Market Price | 19.316 |
| Regular Market Time | 1,792,005,146 |
| Regular Market Volume | 3,158 |
| Short Name | First Trust Small Cap BuyWrite |
| Source Interval | 15 |
| Symbol | FTKI |
| Total Assets | 25,797,120 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 14.739688 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -1.4399 |
| Trailing Three Month Returns | -1.4399 |
| Triggerable | 1 |
| Two Hundred Day Average | 19.730785 |
| Two Hundred Day Average Change | -0.4147854 |
| Two Hundred Day Average Change Percent | -0.021022243 |
| Type Disp | ETF |
| Volume | 3,158 |
| Yield | 0.0936 |
| Ytd Return | 10.67001 |