First Trust Buywrite Etf Profile

FTHI Etf  USD 23.78  0.03  0.13%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 9

 
High
 
Low
Low
First Trust is trading at 23.78 as of the 28th of November 2024. This is a 0.13 percent decrease since the beginning of the trading day. The etf's open price was 23.81. First Trust has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for First Trust BuyWrite are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
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 U.S. exchange-traded covered call options on the Standard Poors 500 Index . High Income is traded on NASDAQ Exchange in the United States.. More on First Trust BuyWrite

Moving together with First Etf

  0.95JEPI JPMorgan Equity PremiumPairCorr
  0.99XYLD Global X SPPairCorr
  0.92DIVO Amplify CWP EnhancedPairCorr
  0.97RYLD Global X RussellPairCorr
  0.99JEPQ JPMorgan Nasdaq EquityPairCorr
  0.97NUSI NEOS ETF TrustPairCorr

First Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationStrategy ETFs, High Dividend Yield ETFs, Derivative Income, First Trust (View all Sectors)
IssuerFirst Trust
Inception Date2014-01-06
Entity TypeRegulated Investment Company
Asset Under Management1.04 Billion
Average Trading Valume299,669
Asset TypeEquity
CategoryStrategy
FocusHigh Dividend Yield
Market ConcentrationDeveloped Markets
RegionGlobal
AdministratorThe Bank of New York Mellon Corporation
AdvisorFirst Trust Advisors L.P.
CustodianThe Bank of New York Mellon Corporation
DistributorFirst Trust Portfolios L.P.
Portfolio ManagerJohn Gambla, Rob Guttschow
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End30-Sep
ExchangeNASDAQ
Number of Constituents175
Market MakerRBC Capital Markets
Total Expense0.75
Management Fee0.75
Country NameUSA
Returns Y T D20.88
NameFirst Trust BuyWrite Income ETF
Currency CodeUSD
Open FigiBBG005SW6SR0
In Threey Volatility12.66
1y Volatility6.93
200 Day M A22.5935
50 Day M A23.247
CodeFTHI
Updated At27th of November 2024
Currency NameUS Dollar
In Threey Sharp Ratio0.52
First Trust BuyWrite [FTHI] is traded in USA and was established 2014-01-06. The fund is listed under Derivative Income category and is part of First Trust family. The entity is thematically classified as Strategy ETFs. First Trust BuyWrite currently have 88.61 M in assets under management (AUM). , while the total return for the last 3 years was 12.0%.
Check First Trust Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on First Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding First Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as First Trust BuyWrite Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

First Trust BuyWrite Currency Exposure

First Trust BuyWrite holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of First Trust will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in First Trust BuyWrite.

Top First Trust BuyWrite Etf Constituents

CAGConAgra FoodsStockConsumer Staples
EBAYeBay IncStockConsumer Discretionary
BOHBank of HawaiiStockFinancials
SSNCSSC Technologies HoldingsStockInformation Technology
AMTAmerican Tower CorpStockReal Estate
HONHoneywell InternationalStockIndustrials
CHKPCheck Point SoftwareStockInformation Technology
WTMWhite Mountains InsuranceStockFinancials
More Details

First Trust BuyWrite Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

First Trust Against Markets

When determining whether First Trust BuyWrite offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Trust Buywrite Etf. Outlined below are crucial reports that will aid in making a well-informed decision on First Trust Buywrite Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust BuyWrite. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of First Trust BuyWrite is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.