FTQI: Hit By The Big Drawdown, Better Alternatives Exist
Source: SeekingAlpha
2025-05-21 07:12:23 ET
Summary
- FTQI offers double-digit yields, but lacks downside protection, suffering significant drawdowns similar to QQQ during market selloffs.
- BUYW and JEPQ are better alternatives for income investors seeking more diversification and improved total return performance.
- JEPQ stands out with a 57% three-year total return, outperforming both FTQI and the S&P 500 in the referenced period.
- I rate FTQI as Hold — it's suitable for short-term yield seekers, but less compelling than newer, better-performing option income ETFs.
Introduction
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FTQI: Hit By The Big Drawdown, Better Alternatives Exist
First Trust Nasdaq BuyWrite Income ETF
NASDAQ: FTQI
FTQI Trading
-0.62% G/L:
$20.155 Last:
119,230 Volume:
$20.32 Open:
