ETF overview
The fund primarily seeks to generate current income, while also pursuing capital appreciation as a secondary objective. It achieves this by investing in a diverse portfolio of U.S.-listed equity securities, spanning companies of all market capitalizations. This core holding is supplemented by an options strategy involving the sale (writing) of U.S. exchange-traded covered call options on the Standard & Poor's 500 Index. The purpose of this options strategy is to generate additional cash flow through the receipt of premiums. These premiums, defined as the income earned by selling an option contract, may be distributed to shareholders each month. The allocation to this options strategy is capped at 20% of the fund's total net asset value.
Fund facts
- Expense ratio
- 0.75%
- Fund assets
- 2.58B USD (all share classes)
- Issuer
- First Trust
- Inception date
- Jan 6, 2014
- Number of holdings
- 193
Breakdown
Holdings (193)
| Name | Ticker | Weight |
|---|---|---|
| Apple Inc. | AAPL | 7.98% |
| NVIDIA Corporation | NVDA | 6.70% |
| Microsoft Corporation | MSFT | 3.17% |
| JPMorgan Chase & Co. | JPM | 2.62% |
| Amazon.com, Inc. | AMZN | 2.52% |
| Alphabet Inc. (Class A) | GOOGL | 2.37% |
| ASML Holding N.V. (New York Registry Shares) | ASML | 2.14% |
| Dell Technologies Inc. (Class C) | DELL | 2.02% |
| Bank of America Corporation | BAC | 1.99% |
| Costco Wholesale Corporation | COST | 1.94% |
| and 180 more | ||
Similar ETFs
- NEOS Boosted S&P 500 High Income ETFXSPI · Overlap 51% · Expense ratio 0.98%
- Global X - S&P 500 Risk Managed Income ETFXRMI · Overlap 51% · Expense ratio 0.60%
- Global X - S&P 500 Covered Call ETFXYLD · Overlap 51% · Expense ratio 0.60%
- Invesco S&P 500 BuyWrite ETFPBP · Overlap 51% · Expense ratio 0.29%
- Pacer Trendpilot US Large Cap ETFPTLC · Overlap 50% · Expense ratio 0.60%
- iShares S&P 500 BuyWrite ETFIVVW · Overlap 50% · Expense ratio 0.25%
- Global X S&P 500 Covered Call & Growth ETFXYLG · Overlap 50% · Expense ratio 0.35%
- Neos S&P 500(R) High Income ETFSPYI · Overlap 50% · Expense ratio 0.68%
Overlap is the share of assets the two funds hold in common.
Historical returns do not guarantee future returns. This is not investment advice.
- Expense ratio
- 0.75%
- Fund assets
- 2.58B USD (all share classes)
- Issuer
- First Trust
- Inception date
- Jan 6, 2014
- Number of holdings
- 193
| Name | Ticker | Weight |
|---|---|---|
| Apple Inc. | AAPL | 7.98% |
| NVIDIA Corporation | NVDA | 6.70% |
| Microsoft Corporation | MSFT | 3.17% |
| JPMorgan Chase & Co. | JPM | 2.62% |
| Amazon.com, Inc. | AMZN | 2.52% |
| Alphabet Inc. (Class A) | GOOGL | 2.37% |
| ASML Holding N.V. (New York Registry Shares) | ASML | 2.14% |
| Dell Technologies Inc. (Class C) | DELL | 2.02% |
| Bank of America Corporation | BAC | 1.99% |
| Costco Wholesale Corporation | COST | 1.94% |
| and 180 more | ||
The fund primarily seeks to generate current income, while also pursuing capital appreciation as a secondary objective. It achieves this by investing in a diverse portfolio of U.S.-listed equity securities, spanning companies of all market capitalizations. This core holding is supplemented by an options strategy involving the sale (writing) of U.S. exchange-traded covered call options on the Standard & Poor's 500 Index. The purpose of this options strategy is to generate additional cash flow through the receipt of premiums. These premiums, defined as the income earned by selling an option contract, may be distributed to shareholders each month. The allocation to this options strategy is capped at 20% of the fund's total net asset value.
- NEOS Boosted S&P 500 High Income ETFXSPI · Overlap 51% · Expense ratio 0.98%
- Global X - S&P 500 Risk Managed Income ETFXRMI · Overlap 51% · Expense ratio 0.60%
- Global X - S&P 500 Covered Call ETFXYLD · Overlap 51% · Expense ratio 0.60%
- Invesco S&P 500 BuyWrite ETFPBP · Overlap 51% · Expense ratio 0.29%
- Pacer Trendpilot US Large Cap ETFPTLC · Overlap 50% · Expense ratio 0.60%
- iShares S&P 500 BuyWrite ETFIVVW · Overlap 50% · Expense ratio 0.25%
- Global X S&P 500 Covered Call & Growth ETFXYLG · Overlap 50% · Expense ratio 0.35%
- Neos S&P 500(R) High Income ETFSPYI · Overlap 50% · Expense ratio 0.68%
Overlap is the share of assets the two funds hold in common.
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