FTQI ETF — First Trust Nasdaq BuyWrite Income ETF

First Trust Nasdaq BuyWrite Income ETF (FTQI)

FTQI is an ETF. As of August 19, 2026, its distribution rate is 11.99%, its trailing-12-month yield is 11.93%, its expense ratio is 0.75%. Dividend Vision Distribution Safety Score™ is 98/100 (Safe). Fund total return is 140.6% over the past 12.6 years, 275.7 points behind SPY at 416.3%.

At the current 11.99% distribution rate, a $10,000 investment would generate approximately $1,199 per year, or $99.92 per month on an equivalent basis.

FTQI performance versus SPY

Data as of August 19, 2026.

Fund total return is 140.6% over the past 12.6 years, 275.7 points behind SPY at 416.3%. Its deepest 1-year drawdown was 6.2%.

FTQI key facts

Data as of August 19, 2026.

Distribution Safety Score™

98 · Safe

Safety-Adjusted Yield

11.75%

Issuer

First Trust

Asset type

ETF

Asset class

Equity

Inception date

01/06/2014

Expense ratio

0.75%

Distribution rate

11.99%

Distribution frequency

Monthly

Trailing yield

11.93%

Last close

$22.22

AUM

$953,281,564

Average volume

164903.0

Last dividend

$0.2220

Ex-dividend date

07/21/2026

Payment date

07/31/2026

Beta

0.69

P/E ratio

32.9633

How Dividend Vision calculates yield and returns

Distribution rate (11.99%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (11.93%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: First Trust fund page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FTQI risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 6.2%.

Who may consider FTQI — and who may not

FTQI may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More funds from First Trust.