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About First Trust Small Cap BuyWrite Income ETF
Home page
Inception date
Feb 26, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
ISIN
US33738R5899
FTKI is an actively managed portfolio of US-listed small-cap stocks overlaid by a naked call-writing strategy. The fund manager selects equity constituents based on several factors, including trading liquidity, market cap, price level, sector classification, and contribution to risk and return. To generate additional cash flow, the fund writes calls on the Russell 2000 or related small-cap ETFs, seeking a notional value of 50-100% of the fund's assets. The fund appears to be primarily model-driven in its portfolio selection. Still, the active management wrapper allows the fund manager to take advantage of market anomalies during periods of high volatility.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Technology Services
Stocks101.83%
Finance26.27%
Technology Services10.77%
Health Technology9.75%
Producer Manufacturing7.33%
Industrial Services6.81%
Commercial Services4.89%
Consumer Services4.86%
Electronic Technology4.83%
Transportation3.91%
Health Services3.36%
Retail Trade3.34%
Consumer Durables3.10%
Utilities2.78%
Distribution Services1.82%
Process Industries1.51%
Energy Minerals1.49%
Consumer Non-Durables0.92%
Communications0.65%
Non-Energy Minerals0.53%
Bonds, Cash & Other−1.83%
Cash1.10%
Rights & Warrants−2.93%
Stock breakdown by region
North America94.58%
Europe4.35%
Middle East0.55%
Latin America0.37%
Asia0.15%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FTKI invests in stocks. The fund's major sectors are Finance, with 27.04% stocks, and Technology Services, with 11.08% of the basket. The assets are mostly located in the North America region.
FTKI top holdings are Lumentum Holdings, Inc. and Argan, Inc., occupying 1.62% and 1.45% of the portfolio correspondingly.
FTKI last dividends amounted to 0.19 USD. The month before, the issuer paid 0.19 USD in dividends,
FTKI assets under management is 950.04 K USD. It's risen 0.29% over the last month.
FTKI fund flows account for 1.00 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FTKI pays dividends to its holders with the dividend yield of 12.01%. The last dividend (Aug 29, 2025) amounted to 0.19 USD. The dividends are paid monthly.
FTKI shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Feb 26, 2025, and its management style is Active.
FTKI expense ratio is 0.85% meaning you'd have to pay 0.85% of your investment to help manage the fund.
FTKI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FTKI invests in stocks.
FTKI trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.