First Trust Nasdaq BuyWrite Income ETF (FTQI)Derivative Income | Exchange Traded Fund | NasdaqGM
21.25 USD
+0.13
(0.616%)
⇧
(April 17, 2026, 12:59 p.m.
EDT)
Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★★★☆ |
Hot Take | April 11, 2026, 1:30 p.m. EDT
FTQI offers a high dividend yield, which is attractive for income-focused investors. However, the recent price history shows a lack of consistent upward momentum, with the price hovering near the 52-week low. The long-term fundamentals are weak, and the ETF is not a strong buy for long-term investors. Short-term traders might consider the current dip as a potential buying opportunity, but the overall outlook remains cautious. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.018715 |
| MSTL | 0.019104 |
| AutoTheta | 0.023039 |
| AutoARIMA | 0.032629 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 55% |
| H-stat | 2.35 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.251 |
| Excess Kurtosis | 1.00 |
| Attribute | Value |
|---|---|
| Trailing P/E | 32.25 |
As of April 11, 2026, 1:30 p.m. EDT: The options activity indicates mixed signals. For the April 17 expiration, there is a slight bullish bias with an ATM strike at 21.0 showing a 1.0% increase, but the overall volume and open interest are low. For the May 15 expiration, there is a bearish bias with an ATM strike at 19.0, but again, volume and open interest are low. The low activity suggests limited speculation on future price direction, and the market may be in a consolidation phase.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.05% | 12.69% | 14.36% | 12.94% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-03-26 | 0.207 | 1.047041 |
| 2026-02-20 | 0.207 | 1.023618 |
| 2026-01-21 | 0.207 | 1.018583 |
| 2025-12-12 | 0.205 | 1.021388 |
| 2025-11-21 | 0.205 | 1.059055 |
| 2025-10-21 | 0.205 | 1.037460 |
| 2025-09-25 | 0.195 | 1.014150 |
| 2025-08-21 | 0.195 | 1.056401 |
| 2025-07-22 | 0.195 | 1.080430 |
| 2025-06-26 | 0.188 | 1.055799 |
| 2025-05-21 | 0.188 | 1.102853 |
| 2025-04-22 | 0.188 | 1.169689 |
| 2025-03-27 | 0.207 | 1.221278 |
| 2025-02-21 | 0.207 | 1.139046 |
| 2025-01-22 | 0.207 | 1.124188 |
| 2024-12-13 | 0.204 | 1.115103 |
| 2024-11-21 | 0.204 | 1.151843 |
| 2024-10-22 | 0.204 | 1.176801 |
| 2024-09-26 | 0.203 | 1.190184 |
| 2024-08-21 | 0.203 | 1.219953 |
| 2024-07-23 | 0.203 | 1.214172 |
| 2024-06-27 | 0.204 | 1.229903 |
| 2024-05-21 | 0.204 | 1.244682 |
| 2024-04-23 | 0.204 | 1.295246 |
| 2024-03-21 | 0.198 | 1.226278 |
| 2024-02-21 | 0.198 | 1.274804 |
| 2024-01-23 | 0.198 | 1.287493 |
| 2023-12-22 | 0.188 | 1.242722 |
| 2023-11-21 | 0.188 | 1.276444 |
| 2023-10-24 | 0.188 | 1.336889 |
| 2023-09-22 | 0.198 | 1.410211 |
| 2023-08-22 | 0.198 | 1.407860 |
| 2023-07-21 | 0.198 | 1.383444 |
| 2023-06-27 | 0.194 | 1.377525 |
| 2023-05-23 | 0.194 | 1.418875 |
| 2023-04-21 | 0.194 | 1.423514 |
| 2023-03-24 | 0.179 | 1.344090 |
| 2023-02-22 | 0.179 | 1.363209 |
| 2023-01-24 | 0.179 | 1.378285 |
| 2022-12-23 | 0.179 | 1.458225 |
| 2022-11-22 | 0.179 | 1.432371 |
| 2022-10-21 | 0.179 | 1.478174 |
| 2022-09-23 | 0.200 | 1.641988 |
| 2022-08-23 | 0.200 | 1.468484 |
| 2022-07-21 | 0.200 | 1.489011 |
| 2022-06-24 | 0.210 | 1.607958 |
| 2022-05-24 | 0.210 | 1.627992 |
| 2022-04-21 | 0.055 | 0.390435 |
| 2022-03-25 | 0.055 | 0.383854 |
| 2022-02-18 | 0.055 | 0.406060 |
| 2022-01-21 | 0.055 | 0.415512 |
| 2021-12-23 | 0.055 | 0.411345 |
| 2021-11-23 | 0.055 | 0.402126 |
| 2021-10-21 | 0.055 | 0.406074 |
| 2021-09-23 | 0.055 | 0.418939 |
| 2021-08-24 | 0.055 | 0.422410 |
| 2021-07-21 | 0.055 | 0.426555 |
| 2021-06-24 | 0.055 | 0.414877 |
| 2021-05-21 | 0.055 | 0.417280 |
| 2021-04-21 | 0.055 | 0.431737 |
| 2021-03-25 | 0.055 | 0.434959 |
| 2021-02-23 | 0.055 | 0.442055 |
| 2021-01-21 | 0.055 | 0.445180 |
| 2020-12-24 | 0.055 | 0.451449 |
| 2020-11-24 | 0.055 | 0.465558 |
| 2020-10-21 | 0.055 | 0.468532 |
| 2020-09-24 | 0.055 | 0.487759 |
| 2020-08-21 | 0.055 | 0.455883 |
| 2020-07-21 | 0.055 | 0.455320 |
| 2020-06-25 | 0.055 | 0.468290 |
| 2020-05-21 | 0.055 | 0.473169 |
| 2020-04-21 | 0.055 | 0.477160 |
| 2020-03-26 | 0.055 | 0.477773 |
| 2020-02-21 | 0.055 | 0.423426 |
| 2020-01-22 | 0.055 | 0.420304 |
| 2019-12-13 | 0.055 | 0.425133 |
| 2019-11-21 | 0.055 | 0.426953 |
| 2019-10-22 | 0.055 | 0.427433 |
| 2019-09-25 | 0.055 | 0.425998 |
| 2019-08-21 | 0.055 | 0.433456 |
| 2019-07-23 | 0.055 | 0.431791 |
| 2019-06-14 | 0.055 | 0.433451 |
| 2019-05-21 | 0.055 | 0.440307 |
| 2019-04-23 | 0.055 | 0.442841 |
| 2019-03-21 | 0.055 | 0.447457 |
| 2019-02-21 | 0.055 | 0.447768 |
| 2019-01-23 | 0.055 | 0.463484 |
| 2018-12-18 | 0.055 | 0.474679 |
| 2018-11-21 | 0.055 | 0.454869 |
| 2018-10-23 | 0.055 | 0.445447 |
| 2018-09-14 | 0.055 | 0.426554 |
| 2018-08-21 | 0.055 | 0.427200 |
| 2018-07-20 | 0.055 | 0.431982 |
| 2018-06-21 | 0.055 | 0.436078 |
| 2018-05-22 | 0.055 | 0.443591 |
| 2018-04-20 | 0.055 | 0.451356 |
| 2018-03-22 | 0.055 | 0.452273 |
| 2018-02-21 | 0.055 | 0.444293 |
| 2018-01-23 | 0.055 | 0.422964 |
| 2017-12-21 | 0.055 | 0.434993 |
| 2017-11-21 | 0.053 | 0.427602 |
| 2017-10-20 | 0.053 | 0.430125 |
| 2017-09-21 | 0.053 | 0.437934 |
| 2017-08-22 | 0.053 | 0.449920 |
| 2017-07-21 | 0.053 | 0.449168 |
| 2017-06-22 | 0.053 | 0.453812 |
| 2017-05-23 | 0.053 | 0.466825 |
| 2017-04-21 | 0.053 | 0.468451 |
| 2017-03-23 | 0.053 | 0.471875 |
| 2017-02-22 | 0.053 | 0.462672 |
| 2017-01-20 | 0.053 | 0.466655 |
| 2016-12-21 | 0.053 | 0.464978 |
| 2016-11-22 | 0.053 | 0.478889 |
| 2016-10-21 | 0.053 | 0.496330 |
| 2016-09-21 | 0.053 | 0.505164 |
| 2016-08-23 | 0.053 | 0.493823 |
| 2016-07-21 | 0.053 | 0.504297 |
| 2016-06-22 | 0.053 | 0.511283 |
| 2016-05-20 | 0.053 | 0.526506 |
| 2016-04-21 | 0.053 | 0.513813 |
| 2016-02-23 | 0.055 | 0.560135 |
| 2016-01-21 | 0.055 | 0.587599 |
| 2015-12-23 | 0.055 | 0.531635 |
| 2015-11-20 | 0.055 | 0.528055 |
| 2015-10-21 | 0.055 | 0.542117 |
| 2015-09-23 | 0.055 | 0.556040 |
| 2015-08-21 | 0.060 | 0.600835 |
| 2015-07-21 | 0.060 | 0.563943 |
| 2015-06-24 | 0.060 | 0.574382 |
| 2015-05-21 | 0.060 | 0.568045 |
| 2015-03-25 | 0.060 | 0.572161 |
| 2015-02-20 | 0.060 | 0.572166 |
| 2015-01-21 | 0.060 | 0.594694 |
| 2014-12-23 | 0.065 | 0.637293 |
| 2014-11-21 | 0.065 | 0.639649 |
| 2014-10-21 | 0.066 | 0.669680 |
| 2014-09-23 | 0.068 | 0.670293 |
| 2014-08-21 | 0.067 | 0.665477 |
| 2014-07-22 | 0.068 | 0.677305 |
| 2014-06-24 | 0.068 | 0.679909 |
| 2014-05-21 | 0.067 | 0.685616 |
| 2014-04-22 | 0.014 | 0.142890 |
| 2014-03-25 | 0.059 | 0.613606 |
| 2014-02-21 | 0.065 | 0.680453 |
| Attribute | Value |
|---|---|
| All Time High | 23.65 |
| All Time Low | 16.25 |
| Ask | 21.46 |
| Ask Size | 5 |
| Average Daily Volume10 Day | 369,470 |
| Average Daily Volume3 Month | 274,349 |
| Average Volume | 274,349 |
| Average Volume10Days | 369,470 |
| Beta3 Year | 0.68 |
| Bid | 21.01 |
| Bid Size | 5 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 21.2699 |
| Day Low | 21.15 |
| Dividend Yield | 11.98 |
| Eps Trailing Twelve Months | 0.6589536 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 20.4146 |
| Fifty Day Average Change | 0.8353996 |
| Fifty Day Average Change Percent | 0.040921673 |
| Fifty Two Week Change Percent | 19.052982 |
| Fifty Two Week High | 21.2699 |
| Fifty Two Week High Change | -0.019899368 |
| Fifty Two Week High Change Percent | -0.00093556475 |
| Fifty Two Week Low | 17.5 |
| Fifty Two Week Low Change | 3.75 |
| Fifty Two Week Low Change Percent | 0.21428572 |
| Fifty Two Week Range | 17.5 - 21.2699 |
| First Trade Date Milliseconds | 1,389,105,000,000 |
| Five Year Average Return | 0.1054684 |
| Full Exchange Name | NasdaqGM |
| Fund Family | First Trust |
| Fund Inception Date | 1,388,966,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | 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. |
| Long Name | First Trust Nasdaq BuyWrite Income ETF |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_249980572 |
| Nav Price | 21.11 |
| Net Assets | 775,404,990.0 |
| Net Expense Ratio | 0.76 |
| Open | 21.2 |
| Phone | (800) 621-1675 |
| Previous Close | 21.12 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.12999916 |
| Regular Market Change Percent | 0.6155263 |
| Regular Market Day High | 21.2699 |
| Regular Market Day Low | 21.15 |
| Regular Market Day Range | 21.15 - 21.2699 |
| Regular Market Open | 21.2 |
| Regular Market Previous Close | 21.12 |
| Regular Market Price | 21.25 |
| Regular Market Time | 1,776,445,143 |
| Regular Market Volume | 111,183 |
| Short Name | First Trust Nasdaq BuyWrite Inc |
| Source Interval | 15 |
| Symbol | FTQI |
| Three Year Average Return | 0.1583872 |
| Total Assets | 775,404,992 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 32.248096 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -1.22101 |
| Trailing Three Month Returns | -1.22101 |
| Triggerable | 1 |
| Two Hundred Day Average | 20.48245 |
| Two Hundred Day Average Change | 0.7675495 |
| Two Hundred Day Average Change Percent | 0.03747352 |
| Type Disp | ETF |
| Volume | 111,183 |
| Yield | 0.119799994 |
| Ytd Return | -1.22101 |