First Trust Buywrite Etf Profile

FTHI Etf  USD 22.47  0.04  0.18%   

Performance

24 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
First Trust is trading at 22.47 as of the 29th of March 2024. This is a 0.18 percent increase since the beginning of the trading day. The etf's open price was 22.43. First Trust has less than a 9 % chance of experiencing financial distress in the next few years and had a solid 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 April 2022 and ending today, the 29th of March 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

  0.99JEPI JPMorgan Equity PremiumPairCorr
  0.99XYLD Global X SPPairCorr
  0.97DIVO Amplify CWP EnhancedPairCorr
  0.81RYLD Global X RussellPairCorr
  0.99JEPQ JPMorgan Nasdaq Equity Sell-off TrendPairCorr
  0.96NUSI Nationwide Nasdaq-100PairCorr
  0.87KNG FT Cboe Vest Low VolatilityPairCorr

First Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. First Trust's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding First Trust or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
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 Management547.1 Million
Average Trading Valume169,785.6
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 Constituents171
Market MakerRBC Capital Markets
Total Expense0.85
Management Fee0.85
Country NameUSA
Returns Y T D7.32
NameFirst Trust BuyWrite Income ETF
Currency CodeUSD
Open FigiBBG005SW6SR0
In Threey Volatility12.83
1y Volatility7.97
200 Day M A21.1898
50 Day M A22.0372
CodeFTHI
Updated At28th of March 2024
Currency NameUS Dollar
In Threey Sharp Ratio0.64
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 9.9%.
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

EBAYEBay IncStockConsumer Discretionary
SPBSpectrum Brands HoldingsStockConsumer Staples
EATBrinker InternationalStockConsumer Discretionary
XOMExxon Mobil CorpStockEnergy
RPMRPM InternationalStockMaterials
SSNCSSC Technologies HoldingsStockInformation Technology
WMWaste ManagementStockIndustrials
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First Trust Target Price Odds Analysis

Coming from a normal probability distribution, the odds of First Trust jumping above the current price in 90 days from now is nearly 4.78%. The First Trust BuyWrite probability density function shows the probability of First Trust etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days First Trust has a beta of 0.548. This usually indicates as returns on the market go up, First Trust average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding First Trust BuyWrite will be expected to be much smaller as well. Additionally, first Trust BuyWrite has an alpha of 0.0306, implying that it can generate a 0.0306 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 22.47HorizonTargetOdds Above 22.47
95.10%90 days
 22.47 
4.78%
Based on a normal probability distribution, the odds of First Trust to move above the current price in 90 days from now is nearly 4.78 (This First Trust BuyWrite probability density function shows the probability of First Etf to fall within a particular range of prices over 90 days) .

First Trust BuyWrite Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. First Trust market risk premium is the additional return an investor will receive from holding First Trust long position in a well-diversified portfolio. 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. Although First Trust's alpha and beta are two of the key measurements used to evaluate First Trust's performance over the market, the standard measures of volatility play an important role as well.

First Trust Against Markets

Picking the right benchmark for First Trust etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in First Trust etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for First Trust is critical whether you are bullish or bearish towards First Trust BuyWrite at a given time. Please also check how First Trust's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in First Trust without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy First Etf?

Before investing in First Trust, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in First Trust. To buy First Trust etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of First Trust. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase First Trust etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located First Trust BuyWrite etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased First Trust BuyWrite etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as First Trust BuyWrite, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy First Etf please use our How to Invest in First Trust guide.

Already Invested in First Trust BuyWrite?

The danger of trading First Trust BuyWrite is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of First Trust is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than First Trust. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile First Trust BuyWrite is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the First Trust BuyWrite information on this page should be used as a complementary analysis to other First Trust's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running First Trust's price analysis, check to measure First Trust's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Trust is operating at the current time. Most of First Trust's value examination focuses on studying past and present price action to predict the probability of First Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Trust's price. Additionally, you may evaluate how the addition of First Trust to your portfolios can decrease your overall portfolio volatility.
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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.