ATLASFirst Trust Nasdaq BuyWrite Income ETF (FTQI): outlook, holdings and fees
First Trust Nasdaq BuyWrite Income ETF (FTQI) is an exchange-traded fund and is managed by First Trust. The expense ratio is 0.75% and the yield is 8.72%. The ten largest holdings are 42% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on FTQI
| Last price | $21.57 (-0.3%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 56% |
| Likely 1-month range (50%) | $21.16 – $22.20 |
| Normal 1-day range (±1σ) | ±0.8% |
| Distribution yield | 8.72% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
FTQI fund facts
| Issuer | First Trust |
|---|---|
| Theme | Bonds (broad) |
| Assets under management | $1.0B |
| Expense ratio | 0.75% |
| Number of holdings | 49 |
| Portfolio turnover | 104% |
| Inception | Jan 6, 2014 |
| Exchange | NASDAQ |
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.
FTQI top holdings
| Holding | Sector | Weight |
|---|---|---|
| Apple Inc. AAPL | Technology | 9.10% |
| NVIDIA Corporation NVDA | Technology | 6.70% |
| Advanced Micro Devices Inc AMD | Technology | 5.58% |
| Amazon.com Inc AMZN | Consumer Cyclical | 4.16% |
| Cisco Systems Inc CSCO | Technology | 3.36% |
| Palantir Technologies Inc. PLTR | Technology | 2.89% |
| Meta Platforms Inc. META | Communication Services | 3.06% |
| Tesla Inc TSLA | Consumer Cyclical | 2.80% |
| Micron Technology Inc MU | Technology | 2.33% |
| Alphabet Inc Class A GOOGL | Communication Services | 2.16% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
FTQI sector breakdown
| Sector | Weight |
|---|---|
| Technology | 50.6% |
| Consumer Cyclicals | 11.1% |
| Communication Services | 9.5% |
| Healthcare | 9.5% |
| Financial Services | 5.7% |
| Industrials | 5.1% |
| Energy | 2.7% |
| Consumer Defensive | 2.7% |
| Utilities | 1.2% |
| Basic Materials | 1.0% |
| Real Estate | 1.0% |
By region: North America 98.0%, Europe Developed 0.8%, United Kingdom 0.6%, Latin America 0.4%, Asia Emerging 0.2%.
FTQI returns and risk
| Year to date | +17.2% |
|---|---|
| 1 year | +23.5% |
| 3 years (annualised) | +18.2% |
| 5 years (annualised) | +12.5% |
| 10 years (annualised) | +8.2% |
| Volatility (3 years) | 9.7% |
| Sharpe ratio (3 years) | 1.48 |
Past returns do not guarantee future results.
FTQI: frequently asked questions
What does FTQI invest in?
First Trust Nasdaq BuyWrite Income ETF invests in a portfolio of securities. Its largest holdings are Apple Inc. (9.1%), NVIDIA Corporation (6.7%), Advanced Micro Devices Inc (5.6%), Amazon.com Inc (4.2%), Cisco Systems Inc (3.4%).
What is the FTQI expense ratio?
0.75% a year: about $75.00 for every $10,000 invested.
What is the FTQI dividend yield?
8.72%. ATLAS does not hold the exact distribution dates for ETFs.
Will FTQI go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 56%, with a likely range (50%) of $21.16 to $22.20 from $21.57 today. It is a probability, not a prediction.
How has FTQI performed?
Year to date +17.2%, one year +23.5%, three years +18.2% a year, five years +12.5% a year. Past returns do not guarantee future results.
Similar ETFs: Bonds (broad)
- Vanguard Total Bond Market ETF (BND)
- Vanguard Tax-Exempt Bond ETF (VTEB)
- Vanguard Short-Term Bond ETF (BSV)
- JPMorgan Equity Premium Income ETF (JEPI)
- JPMorgan Nasdaq Equity Premium Income ETF (JEPQ)
- Vanguard Intermediate-Term Bond ETF (BIV)
- NEOS S&P 500 High Income ETF (SPYI)
- Dimensional Core Fixed Income ETF (DFCF)
Educational information, not investment advice. Disclaimer