First Trust BuyWrite Income ETF: Navigating Tech Concentration for Yield

The First Trust BuyWrite Income ETF (FTHI) presents investors with a compelling yet concentrated approach to generating income. This covered-call strategy fund maintains heavy exposure to America’s technology titans, creating a performance profile that rises and falls with the fortunes of a handful of mega-cap stocks.

Despite the inherent concentration risks, investor interest continues to grow. The fund attracted net inflows exceeding $707 million over the past year, with an additional $113 million added just in the previous month. This sustained demand highlights the ongoing appeal of income-generating strategies in today’s market environment.

• Average trading volume: 436,925 shares daily
• Trading at a slight Read more...