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First Trust Nasdaq BuyWrite Income ETF (FTQI)

Derivative Income | Exchange Traded Fund | NasdaqGM
22.19 USD -0.15 (-0.671%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 22.19
Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take ↕ | July 11, 2026, 4:45 a.m. EDT

This instrument is a classic defensive income play, not a growth engine. The 5.6% yield is robust and supported by a consistent history of quarterly distributions hovering around $0.20, though recent payments have ticked up slightly to $0.199-$0.207. However, the price action tells a different story for capital appreciation; the asset is trading near its 52-week high of $22.34 after a decade-long struggle to break out, having posted a negative year-over-year return last year. While the long-term trajectory shows a modest net gain over nine years, the recent annual decline indicates the market is pricing in limited upside potential despite the attractive yield. For investors seeking steady cash flow in a volatile environment, the yield is compelling, but those expecting significant price momentum will likely be disappointed given the flat-to-negative recent performance.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.028108
AutoTheta0.032721
AutoETS0.033091
AutoARIMA0.033770

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 59%
H-stat 4.80
Ljung-Box p 0.000
Jarque-Bera p 0.367
Excess Kurtosis -0.13
Attribute Value
Trailing P/E 33.02

As of July 11, 2026, 4:45 a.m. EDT: Options activity is virtually dormant with negligible open interest and volume across both calls and puts. The lack of positioning suggests a lack of speculative conviction in either direction, reflecting the ETF's nature as a passive income vehicle rather than a volatile equity play.

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.92% 11.78% 11.93% 10.43%
Dividend History
Date Dividend Yield %
2026-06-25 0.199 0.916628
2026-05-21 0.199 0.921296
2026-04-21 0.199 0.951698
2026-03-26 0.207 1.047041
2026-02-20 0.207 1.013216
2026-01-21 0.207 0.998071
2025-12-12 0.205 0.990817
2025-11-21 0.205 1.017370
2025-10-21 0.205 0.986525
2025-09-25 0.195 0.954946
2025-08-21 0.195 0.985346
2025-07-22 0.195 0.997953
2025-06-26 0.188 0.965588
2025-05-21 0.188 0.998937
2025-04-22 0.188 1.049107
2025-03-27 0.207 1.083770
2025-02-21 0.207 1.000000
2025-01-22 0.207 0.977337
2024-12-13 0.204 0.960000
2024-11-21 0.204 0.982186
2024-10-22 0.204 0.993668
2024-09-26 0.203 0.995098
2024-08-21 0.203 1.009950
2024-07-23 0.203 0.995098
2024-06-27 0.204 0.998043
2024-05-21 0.204 1.000000
2024-04-23 0.204 1.030303
2024-03-21 0.198 0.965383
2024-02-21 0.198 0.993976
2024-01-23 0.198 0.993976
2023-12-22 0.188 0.949975
2023-11-21 0.188 0.966581
2023-10-24 0.188 1.002667
2023-09-22 0.198 1.047065
2023-08-22 0.198 1.034483
2023-07-21 0.198 1.006098
2023-06-27 0.194 0.991820
2023-05-23 0.194 1.011470
2023-04-21 0.194 1.004661
2023-03-24 0.179 0.939140
2023-02-22 0.179 0.943595
2023-01-24 0.179 0.945090
2022-12-23 0.179 0.990592
2022-11-22 0.179 0.963402
2022-10-21 0.179 0.984598
2022-09-23 0.200 1.082837
2022-08-23 0.200 0.958313
2022-07-21 0.200 0.962464
2022-06-24 0.210 1.029412
2022-05-24 0.210 1.031434
2022-04-21 0.055 0.244880
2022-03-25 0.055 0.240175
2022-02-18 0.055 0.253456
2022-01-21 0.055 0.258702
2021-12-23 0.055 0.255457
2021-11-23 0.055 0.249094
2021-10-21 0.055 0.250912
2021-09-23 0.055 0.258216
2021-08-24 0.055 0.259679
2021-07-21 0.055 0.261531
2021-06-24 0.055 0.253690
2021-05-21 0.055 0.254512
2021-04-21 0.055 0.262655
2021-03-25 0.055 0.263916
2021-02-23 0.055 0.267510
2021-01-21 0.055 0.268686
2020-12-24 0.055 0.271739
2020-11-24 0.055 0.279472
2020-10-21 0.055 0.280469
2020-09-24 0.055 0.291159
2020-08-21 0.055 0.271337
2020-07-21 0.055 0.270270
2020-06-25 0.055 0.277218
2020-05-21 0.055 0.279330
2020-04-21 0.055 0.280899
2020-03-26 0.055 0.280469
2020-02-21 0.055 0.247859
2020-01-22 0.055 0.245426
2019-12-13 0.055 0.247636
2019-11-21 0.055 0.248083
2019-10-22 0.055 0.247748
2019-09-25 0.055 0.246305
2019-08-21 0.055 0.250000
2019-07-23 0.055 0.248419
2019-06-14 0.055 0.248756
2019-05-21 0.055 0.252062
2019-04-23 0.055 0.252874
2019-03-21 0.055 0.254866
2019-02-21 0.055 0.254394
2019-01-23 0.055 0.262655
2018-12-18 0.055 0.268293
2018-11-21 0.055 0.256410
2018-10-23 0.055 0.250455
2018-09-14 0.055 0.239234
2018-08-21 0.055 0.239027
2018-07-20 0.055 0.241122
2018-06-21 0.055 0.242826
2018-05-22 0.055 0.246416
2018-04-20 0.055 0.250114
2018-03-22 0.055 0.250000
2018-02-21 0.055 0.244989
2018-01-23 0.055 0.232657
2017-12-21 0.055 0.238715
2017-11-21 0.053 0.234099
2017-10-20 0.053 0.234929
2017-09-21 0.053 0.238631
2017-08-22 0.053 0.244578
2017-07-21 0.053 0.243566
2017-06-22 0.053 0.245484
2017-05-23 0.053 0.251901
2017-04-21 0.053 0.252141
2017-03-23 0.053 0.253346
2017-02-22 0.053 0.247779
2017-01-20 0.053 0.249294
2016-12-21 0.053 0.247779
2016-11-22 0.053 0.254563
2016-10-21 0.053 0.263158
2016-09-21 0.053 0.267137
2016-08-23 0.053 0.260442
2016-07-21 0.053 0.265265
2016-06-22 0.053 0.268219
2016-05-20 0.053 0.275468
2016-04-21 0.053 0.268083
2016-02-23 0.055 0.291468
2016-01-21 0.055 0.304878
2015-12-23 0.055 0.275000
2015-11-20 0.055 0.272412
2015-10-21 0.055 0.278905
2015-09-23 0.055 0.285270
2015-08-21 0.060 0.307377
2015-07-21 0.060 0.287632
2015-06-24 0.060 0.292113
2015-05-21 0.060 0.288046
2015-03-25 0.060 0.289296
2015-02-20 0.060 0.288462
2015-01-21 0.060 0.298954
2014-12-23 0.065 0.319410
2014-11-21 0.065 0.319567
2014-10-21 0.066 0.333502
2014-09-23 0.068 0.332681
2014-08-21 0.067 0.329238
2014-07-22 0.068 0.333988
2014-06-24 0.068 0.334152
2014-05-21 0.067 0.335840
2014-04-22 0.014 0.069756
2014-03-25 0.059 0.299340
2014-02-21 0.065 0.330957
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 5.6

Info Dump

Attribute Value
All Time High 23.65
All Time Low 16.25
Ask 22.19
Ask Size 3
Average Daily Volume10 Day 272,740
Average Daily Volume3 Month 313,278
Average Volume 313,278
Average Volume10Days 272,740
Beta3 Year 0.69
Bid 22.16
Bid Size 1
Category Derivative Income
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 22.29
Day Low 22.1455
Dividend Yield 5.6
Eps Trailing Twelve Months 0.67197776
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 21.7726
Fifty Day Average Change 0.41740036
Fifty Day Average Change Percent 0.0191709
Fifty Two Week Change Percent 13.631737
Fifty Two Week High 22.34
Fifty Two Week High Change -0.14999962
Fifty Two Week High Change Percent -0.0067143966
Fifty Two Week Low 19.23
Fifty Two Week Low Change 2.960001
Fifty Two Week Low Change Percent 0.15392621
Fifty Two Week Range 19.23 - 22.34
First Trade Date Milliseconds 1,389,105,000,000
Five Year Average Return 0.1174886
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 PREPRE
Max Age 86,400
Message Board Id finmb_249980572
Nav Price 22.23
Net Assets 926,001,660.0
Net Expense Ratio 0.75
Open 22.29
Phone (800) 621-1675
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 22.19
Post Market Time 1,783,973,404
Previous Close 22.34
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.15
Regular Market Change Percent -0.67144
Regular Market Day High 22.29
Regular Market Day Low 22.1455
Regular Market Day Range 22.1455 - 22.29
Regular Market Open 22.29
Regular Market Previous Close 22.34
Regular Market Price 22.19
Regular Market Time 1,783,972,800
Regular Market Volume 177,015
Short Name First Trust Nasdaq BuyWrite Inc
Source Interval 15
Symbol FTQI
Three Year Average Return 0.1707213
Total Assets 926,001,664
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 33.021927
Trailing Peg Ratio None
Trailing Three Month Nav Returns 13.97386
Trailing Three Month Returns 13.97386
Triggerable 1
Two Hundred Day Average 20.96295
Two Hundred Day Average Change 1.2270508
Two Hundred Day Average Change Percent 0.05853426
Type Disp ETF
Volume 177,015
Yield 0.055999998
Ytd Return 12.58223