ETF overview
The Fund's primary goal is to generate a steady stream of income. It achieves this by principally investing in stocks traded on American exchanges. To further boost its income potential, the Fund employs an options strategy: it actively sells U.S. exchange-traded covered call options linked to the Nasdaq-100 Index. This approach aims to secure additional cash flow through the collection of "premiums." A premium represents the payment the Fund receives when it sells an option contract to another party, and these earnings have the potential to be distributed to shareholders each month.
Fund facts
- Expense ratio
- 0.75%
- Fund assets
- 1.02B USD (all share classes)
- Issuer
- First Trust
- Inception date
- Jan 6, 2014
- Number of holdings
- 180
Breakdown
Holdings (180)
| Name | Ticker | Weight |
|---|---|---|
| Apple Inc. | AAPL | 9.08% |
| NVIDIA Corporation | NVDA | 6.30% |
| Advanced Micro Devices, Inc. | AMD | 5.05% |
| Amazon.com, Inc. | AMZN | 4.12% |
| Cisco Systems, Inc. | CSCO | 3.16% |
| Meta Platforms, Inc. (Class A) | META | 2.97% |
| Palantir Technologies Inc. (Class A) | PLTR | 2.69% |
| Tesla, Inc. | TSLA | 2.65% |
| Alphabet Inc. (Class A) | GOOGL | 2.04% |
| Alphabet Inc. (Class C) | GOOG | 2.04% |
| and 167 more | ||
Similar ETFs
- Global X - Nasdaq 100 Covered Call ETFQYLD · Overlap 52% · Expense ratio 0.60%
- NEOS Boosted Nasdaq-100 High Income ETFXQQI · Overlap 52% · Expense ratio 0.98%
- Global X Nasdaq 100 Covered Call & Growth ETFQYLG · Overlap 52% · Expense ratio 0.35%
- NEOS Nasdaq-100 High Income ETFQQQI · Overlap 52% · Expense ratio 0.68%
- Goldman Sachs Nasdaq-100 Premium Income ETFGPIQ · Overlap 52% · Expense ratio 0.35%
- Pacer Trendpilot 100 ETFPTNQ · Overlap 51% · Expense ratio 0.65%
- TappAlpha Innovation 100 Growth & Daily Income ETFTDAQ · Overlap 51% · Expense ratio 0.68%
- NEOS Nasdaq-100 Hedged Equity Income ETFQQQH · Overlap 51% · 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
- 1.02B USD (all share classes)
- Issuer
- First Trust
- Inception date
- Jan 6, 2014
- Number of holdings
- 180
| Name | Ticker | Weight |
|---|---|---|
| Apple Inc. | AAPL | 9.08% |
| NVIDIA Corporation | NVDA | 6.30% |
| Advanced Micro Devices, Inc. | AMD | 5.05% |
| Amazon.com, Inc. | AMZN | 4.12% |
| Cisco Systems, Inc. | CSCO | 3.16% |
| Meta Platforms, Inc. (Class A) | META | 2.97% |
| Palantir Technologies Inc. (Class A) | PLTR | 2.69% |
| Tesla, Inc. | TSLA | 2.65% |
| Alphabet Inc. (Class A) | GOOGL | 2.04% |
| Alphabet Inc. (Class C) | GOOG | 2.04% |
| and 167 more | ||
The Fund's primary goal is to generate a steady stream of income. It achieves this by principally investing in stocks traded on American exchanges. To further boost its income potential, the Fund employs an options strategy: it actively sells U.S. exchange-traded covered call options linked to the Nasdaq-100 Index. This approach aims to secure additional cash flow through the collection of "premiums." A premium represents the payment the Fund receives when it sells an option contract to another party, and these earnings have the potential to be distributed to shareholders each month.
- Global X - Nasdaq 100 Covered Call ETFQYLD · Overlap 52% · Expense ratio 0.60%
- NEOS Boosted Nasdaq-100 High Income ETFXQQI · Overlap 52% · Expense ratio 0.98%
- Global X Nasdaq 100 Covered Call & Growth ETFQYLG · Overlap 52% · Expense ratio 0.35%
- NEOS Nasdaq-100 High Income ETFQQQI · Overlap 52% · Expense ratio 0.68%
- Goldman Sachs Nasdaq-100 Premium Income ETFGPIQ · Overlap 52% · Expense ratio 0.35%
- Pacer Trendpilot 100 ETFPTNQ · Overlap 51% · Expense ratio 0.65%
- TappAlpha Innovation 100 Growth & Daily Income ETFTDAQ · Overlap 51% · Expense ratio 0.68%
- NEOS Nasdaq-100 Hedged Equity Income ETFQQQH · Overlap 51% · Expense ratio 0.68%
Overlap is the share of assets the two funds hold in common.
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