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First Trust Nasdaq BuyWrite Income ETF declares $0.205 dividend
Seeking Alpha News (Fri, 12-Dec 8:55 AM ET)
The Fund's investment objective is to provide current income. 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 covered call options on the Nasdaq-100 Index. The Fund will employ an option strategy in which it will write U.S. exchange-traded covered call options on the Nasdaq-100 Index in order to seek additional cash flow in the form of premiums on the options. A premium is the income received by an investor who sells an option contract to another party and may be distributed to shareholders on a monthly basis.
First Trust Nasdaq Buywrite Income ETF trades on the NASDAQ stock market under the symbol FTQI.
As of December 17, 2025, FTQI stock price declined to $20.54 with 68,294 million shares trading.
FTQI has a beta of 0.83, meaning it tends to be less sensitive to market movements. FTQI has a correlation of 0.89 to the broad based SPY ETF.
FTQI has a market cap of $738.41 million. This is considered a Small Cap stock.
In the last 3 years, FTQI traded as high as $21.49 and as low as $16.25.
FTQI has underperformed the market in the last year with a return of +7.7%, while SPY returned +12.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in FTQI shares. However, FTQI has outperformed the market in the last 3 month and 2 week periods, returning +3.7% and -0.4%, while SPY returned +2.5% and -1.0%, respectively. This indicates FTQI has been having a stronger performance recently.
FTQI support price is $20.47 and resistance is $20.83 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FTQI shares will trade within this expected range on the day.