NasdaqGM - Delayed Quote USD

First Trust BuyWrite Income ETF (FTHI)

21.89 -0.09 (-0.41%)
At close: April 25 at 4:00 PM EDT

ETF Summary

The fund will pursue its objectives 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 Standard & Poor's 500® Index (the "index"). The call options written by the fund will be a laddered portfolio of call options with expirations of less than one year, written at-the-money to slightly out-of-the-money.

ETF Overview

Category Derivative Income
Fund Family First Trust Advisors L.P.
Net Assets 547.33M
YTD Daily Total Return 5.54%
Yield 8.30%
Legal Type Exchange Traded Fund

ETF Operations

Attributes FTHI Category Average
Annual Report Expense Ratio (net) 0.75% 0.96%
Holdings Turnover 98.00% 48.96%
Total Net Assets 140,055.02 140,055.02

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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