First Trust BuyWrite Income ETF

10-Year Study

FTHI.US · · US · ETF

Executive Summary: First Trust BuyWrite Income ETF has compounded at 8.4% annually over the last 10 years, with a maximum drawdown of 23.5% and an annualized volatility of 10.8%.

1Y CAGR
+16.2%
3Y CAGR
+14.6%
5Y CAGR
+10.1%
10Y CAGR
+8.4%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
23.5%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.38
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.41
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
11.9%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2023 · +20.7%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2018 · -9.7%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
70%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20261.30.4-3.03.0————————1.6%
20251.9-1.0-4.7-0.63.73.81.61.52.91.11.20.311.8%
20242.02.92.4-2.33.61.11.61.51.60.24.8-1.619.0%
20235.7-0.81.71.71.03.72.1-0.2-2.5-1.65.92.620.7%
20220.10.85.0-5.93.0-7.56.5-3.5-8.46.63.8-3.3-4.4%
20210.51.33.81.63.30.2-2.32.1-0.93.2-1.62.014.0%
2020-1.3-8.6-15.29.91.82.32.9-0.1-3.0-2.25.63.2-7.1%
20196.02.60.12.6-3.55.00.5-0.61.81.00.70.918.1%
20181.5-4.1-0.9-0.72.21.81.52.5-0.4-5.30.4-8.0-9.7%
20170.10.9-0.00.90.62.11.20.62.32.01.51.314.4%
2016———-1.92.20.04.5-1.12.5-4.07.01.110.4%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 10.8%. The dominant macroeconomic risk driver is SHV.US, accounting for 25.7% of variance. Idiosyncratic stock-specific factors contribute 10.0%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-019814.802609899163
2016-05-0110031.635141369537
2016-06-0110034.64801197616
2016-07-0110484.978015459792
2016-08-0110371.524606679159
2016-09-0110631.667153119733
2016-10-0110204.404440218057
2016-11-0110919.961209290941
2016-12-0111036.898249710483
2017-01-0111045.93686153035
2017-02-0111143.10193859393
2017-03-0111141.972112116448
2017-04-0111245.351234806187
2017-05-0111313.517432281024
2017-06-0111555.488602875408
2017-07-0111692.385911063826
2017-08-0111766.483697545451
2017-09-0112036.323921251093
2017-10-0112281.967027897299
2017-11-0112465.469678281908
2017-12-0112627.505625594335
2018-01-0112811.102428185404
2018-02-0112288.557682349287
2018-03-0112178.964514033385
2018-04-0112099.594203990171
2018-05-0112362.090555592169
2018-06-0112578.828934856088
2018-07-0112766.191825705435
2018-08-0113089.416350472175
2018-09-0113033.584092043195
2018-10-0112340.247243694155
2018-11-0112386.381824858066
2018-12-0111400.514071047253
2019-01-0112085.471373021626
2019-02-0112402.199395542835
2019-03-0112416.981291956577
2019-04-0112734.744988748811
2019-05-0112293.265292672135
2019-06-0112908.4558096619
2019-07-0112977.75183361422
2019-08-0112899.699654461403
2019-09-0113132.726365442373
2019-10-0113257.948800030128
2019-11-0113349.653049119206
2019-12-0113467.719916016233
2020-01-0113292.502659799831
2020-02-0112150.153938857557
2020-03-0110298.839103294385
2020-04-0111318.6016514297
2020-05-0111519.428307802393
2020-06-0111785.690747662671
2020-07-0112127.651561514343
2020-08-0112118.236340868649
2020-09-0111749.253843763827
2020-10-0111489.676210561995
2020-11-0112128.310626959545
2020-12-0112510.945194000622
2021-01-0112578.16986941089
2021-02-0112745.29003587199
2021-03-0113235.728879306285
2021-04-0113441.074841588912
2021-05-0113887.82706122718
2021-06-0113911.365112841419
2021-07-0113596.896743275178
2021-08-0113880.38903691708
2021-09-0113755.35490674224
2021-10-0114192.786057941266
2021-11-0113972.187438212613
2021-12-0114256.809558332
2022-01-0114269.896715029518
2022-02-0114386.83375544906
2022-03-0115107.851352496444
2022-04-0114213.122934535972
2022-05-0114637.278624624569
2022-06-0113535.22704804587
2022-07-0114419.31626667671
2022-08-0113909.387916505824
2022-09-0112746.89062338176
2022-10-0113590.58854544256
2022-11-0114104.847897110469
2022-12-0113633.804408206306
2023-01-0114407.170632043762
2023-02-0114289.762830591935
2023-03-0114532.298914425059
2023-04-0114786.321567445933
2023-05-0114932.351639660676
2023-06-0115490.768376156893
2023-07-0115813.898748717174
2023-08-0115776.99108378605
2023-09-0115385.129600512186
2023-10-0115137.603449736846
2023-11-0116035.815499336228
2023-12-0116458.2764497086
2024-01-0116782.160039920534
2024-02-0117272.787187767746
2024-03-0117695.624746965943
2024-04-0117292.464998917247
2024-05-0117909.821016655525
2024-06-0118100.29093031795
2024-07-0118388.584986489157
2024-08-0118664.35679920159
2024-09-0118957.452617902098
2024-10-0118998.691284330245
2024-11-0119915.26301418874
2024-12-0119587.895792337895
2025-01-0119961.680051972016
2025-02-0119755.957480863563
2025-03-0118817.636591313516
2025-04-0118699.193115590664
2025-05-0119387.7282014104
2025-06-0120117.59610586474
2025-07-0120436.301324721546
2025-08-0120740.13049495815
2025-09-0121340.350811121258
2025-10-0121572.436000037662
2025-11-0121837.851070039826
2025-12-0121908.371072676087
2026-01-0122195.346997956894
2026-02-0122285.827268362034
2026-03-0121607.93138187193
2026-04-0122248.16638577925
Annual Return Matrix
YearAnnual Return
20170.1441172456152322
2018-0.09716816534693329
20190.181325669358968
2020-0.07104207155940212
20210.1395469596628538
2022-0.04369877759653418
20230.20716683010372483
20240.19015474385744136
20250.11846475522122613
20260.01550983922884841
Total Factor Risk
0.10836568014130772
VTI.US Exposure
0.06230245955911899
VEA.US Exposure
0.03548967983034804
VWO.US Exposure
0.0201584799525951
QQQ.US Exposure
0.23340269048194823
VTV.US Exposure
0.21154393783314945
IJR.US Exposure
0.06901132067543349
QUAL.US Exposure
-0.13159433783179553
SHV.US Exposure
0.25737223119675107
TLT.US Exposure
-0.027155289682308167
LQD.US Exposure
-0.0074363387021418445
HYG.US Exposure
0.12151578743078398
GLD.US Exposure
0.010185976535743263
USO.US Exposure
-0.00031755344690560474
VNQ.US Exposure
-0.04954363431463094
BTC-USD.CC Exposure
0.0121869561889879
CPER.US Exposure
-0.009320024609547792
VIX.INDX Exposure
0.03914900229587602
UUP.US Exposure
-0.004854491238355653
TIP.US Exposure
0.058141975730781836
Idiosyncratic Exposure
0.09976117211416821
Value Score
42.3
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
100
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
10.8%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →19.4x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →8.71%
Market Cap$224.1B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$333
Avg Yield on Cost
3.33%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$333.33.33%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+1.0%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+3.6%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
1.3% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.63
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is First Trust BuyWrite Income ETF a high-risk investment?

First Trust BuyWrite Income ETF (FTHI.US) has an annualized volatility of 10.8% and experienced a maximum drawdown of 23.5% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of FTHI.US?

Over the past 10 years, FTHI.US has generated a Compound Annual Growth Rate (CAGR) of 8.4%. It has had a positive return in 70% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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