ETF Research

FTKI: FIRST TRUST SMALL CAP BUYWRITE INCOME ETF

Generated from StockValueFinder data · Updated Oct 11, 2026 10:14 PM
Educational content only. This is not financial advice and is not a recommendation to buy, sell, or hold any ETF.

ETF Education Report: FIRST TRUST SMALL CAP BUYWRITE INCOME ETF (FTKI)

What this ETF is trying to do

The FIRST TRUST SMALL CAP BUYWRITE INCOME ETF (FTKI) is an exchange-traded fund listed on the NYSE. While the specific strategy details are not provided in the data, the name suggests it focuses on small-cap companies and aims to provide income to its investors.

What the numbers show

When looking at an ETF, it is important to understand two different types of returns: price return and total return.

• Price Return: This measures only the change in the share price. For FTKI, the year-to-date (YTD) price return is approximately 4.29%. The one-year price return was approximately 6.84%.

• Total Return: This is a more complete measure because it includes the value of distributions (cash paid out) added back to the price change. The YTD total return is approximately 13.90%, and the one-year total return is approximately 20.25%.

To visualize the price change, we can look at an estimated price from roughly one year ago. The current price is $19.67, while the estimated price from about one year ago was $18.41.

Income and distribution explanation

This ETF is designed to provide cash to investors through distributions. The distribution yield is approximately 11.70%. This means the amount of cash distributed is high relative to the ETF's price.

Distributions for this fund usually happen monthly, with 12 payments made over the last year. It is important to remember that a high distribution yield does not guarantee that an investor will earn that same percentage as a total return, nor does it guarantee the preservation of your original investment.

NAV erosion explanation

"NAV erosion" is a term used to describe when the value of the underlying assets in a fund decreases over time. Some investors worry that high payouts might cause this. However, for FTKI, the erosion-risk score is 100, and the label states "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag present.

Top Holdings

The following are some of the top holdings in this portfolio (note that this is a partial list):

• Dreyfus Govt CM Inst 289 (5.68%)

• UiPath Inc Class A (2.11%)

• Abercrombie & Fitch Co Class A (1.93%)

• Etsy Inc (1.85%)

• Encompass Health Corp (1.74%)

• Scorpio Tankers Inc (1.73%)

Holdings can change over time. This data was last updated on September 20, 2026.

Pros

• The ETF has shown a significant one-year total return of approximately 20.25%.

• It offers a high distribution yield for those seeking regular cash income.

• The data shows no detected price erosion.

Cons

• High distribution yields can sometimes be misleading if the share price is not stable.

• The list of holdings provided is only a partial view of the total 165 holdings.

Beginner takeaway

FTKI shows a large difference between its price return and its total return. This happens because the fund pays out significant cash distributions. While the high yield is a key feature, investors should always look at the total return to see how the fund is performing overall.

Top Holdings

Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.

205 holdings available
# Holding Ticker Weight
1 DREYFUS GOVT CM INST 289 n/a 5.61%
2 CREDO TECHNOLOGY GROUP HOLDING LTD CRDO 2.10%
3 UIPATH INC CLASS A PATH 2.04%
4 ABERCROMBIE & FITCH CO CLASS A ANF 1.91%
5 ETSY INC ETSY 1.86%
6 ENCOMPASS HEALTH CORP EHC 1.76%
7 SCORPIO TANKERS INC STNG 1.74%
8 MAPLEBEAR INC CART 1.63%
9 n/a n/a 1.61%
10 SSR MINING INC n/a 1.54%
Show all 205 holdings
1. DREYFUS GOVT CM INST 289 n/a 5.61%
2. CREDO TECHNOLOGY GROUP HOLDING LTD CRDO 2.10%
3. UIPATH INC CLASS A PATH 2.04%
4. ABERCROMBIE & FITCH CO CLASS A ANF 1.91%
5. ETSY INC ETSY 1.86%
6. ENCOMPASS HEALTH CORP EHC 1.76%
7. SCORPIO TANKERS INC STNG 1.74%
8. MAPLEBEAR INC CART 1.63%
9. n/a n/a 1.61%
10. SSR MINING INC n/a 1.54%
11. FIRSTCASH HOLDINGS INC FCFS 1.53%
12. RENAISSANCERE HOLDINGS LTD RNR 1.44%
13. APPIAN CORP CLASS A APPN 1.41%
14. DORIAN LPG LTD LPG 1.39%
15. TEXAS ROADHOUSE INC TXRH 1.32%
16. APPLIED INDUSTRIAL TECHNOLOGIES INC AIT 1.29%
17. TEEKAY TANKERS LTD CLASS A TNK 1.24%
18. MONARCH CASINO & RESORT INC MCRI 1.23%
19. FEDERATED HERMES INC CLASS B FHI 1.14%
20. AMKOR TECHNOLOGY INC AMKR 1.12%
21. n/a ZIM 1.09%
22. REINSURANCE GROUP OF AMERICA INC RGA 1.04%
23. BOX INC CLASS A BOX 1.01%
24. SEZZLE INC SEZL 1.00%
25. CVR ENERGY INC CVI 0.99%
26. STRIDE INC LRN 0.95%
27. UMB FINANCIAL CORP UMBF 0.88%
28. FRONTDOOR INC FTDR 0.86%
29. MURPHY USA INC MUSA 0.81%
30. CLEAR SECURE INC ORDINARY SHARES CLASS A YOU 0.80%
31. MOELIS & CO CLASS A MC 0.76%
32. WARRIOR MET COAL INC HCC 0.75%
33. IMMUNOVANT INC IMVT 0.73%
34. KOHL'S CORP KSS 0.73%
35. NORTHWEST BANCSHARES INC NWBI 0.73%
36. HEALTHCARE REALTY TRUST INC HR 0.71%
37. MILLICOM INTERNATIONAL CELLULAR SA TIGO 0.71%
38. DROPBOX INC CLASS A DBX 0.70%
39. SIMMONS FIRST NATIONAL CORP CLASS A SFNC 0.70%
40. VICTORIA'S SECRET & CO VSXY 0.70%
41. MAGNITE INC MGNI 0.66%
42. KILROY REALTY CORP KRC 0.65%
43. GIGACLOUD TECHNOLOGY INC CLASS A GCT 0.64%
44. NATIONAL ENERGY SERVICES REUNITED CORP NESR 0.63%
45. PERDOCEO EDUCATION CORP PRDO 0.63%
46. DAVE INC ORDINARY SHARES CLASS A DAVE 0.62%
47. NETSCOUT SYSTEMS INC NTCT 0.60%
48. PAYMENTUS HOLDINGS INC CLASS A PAY 0.60%
49. TWIST BIOSCIENCE CORP TWST 0.60%
50. ATLANTIC UNION BANKSHARES CORP AUB 0.58%
51. SIRIUSPOINT LTD SPNT 0.58%
52. GLACIER BANCORP INC GBCI 0.57%
53. OKEANIS ECO TANKER n/a 0.57%
54. FIRST BUSEY CORP BUSE 0.56%
55. CALUMET INC CLMT 0.55%
56. FIRST FINANCIAL BANKSHARES INC FFIN 0.55%
57. INTERNATIONAL SEAWAYS INC INSW 0.55%
58. MAREX GROUP LTD MRX 0.55%
59. LANTHEUS HOLDINGS INC LNTH 0.54%
60. AXOGEN INC AXGN 0.53%
61. PERRIGO CO PLC PRGO 0.53%
62. n/a CTO 0.52%
63. OPENLANE INC OPLN 0.50%
64. ZURN ELKAY WATER SOLUTIONS CORP ZWS 0.50%
65. FRESHWORKS INC ORDINARY SHARES CLASS A FRSH 0.48%
66. ACI WORLDWIDE INC ACIW 0.47%
67. RADIAN GROUP INC RDN 0.47%
68. SCANSOURCE INC SCSC 0.47%
69. PACS GROUP INC PACS 0.46%
70. PORTLAND GENERAL ELECTRIC CO POR 0.45%
71. ENCORE CAPITAL GROUP INC ECPG 0.44%
72. HOMETRUST BANCSHARES INC HTB 0.44%
73. ALKERMES PLC ALKS 0.43%
74. CNO FINANCIAL GROUP INC CNO 0.43%
75. KORN FERRY KFY 0.43%
76. COPA HOLDINGS SA CLASS A CPA 0.41%
77. FLYWIRE CORP FLYW 0.41%
78. NEWMARKET CORP NEU 0.41%
79. JFROG LTD ORDINARY SHARES FROG 0.40%
80. VAXCYTE INC ORDINARY SHARES PCVX 0.40%
81. KRYSTAL BIOTECH INC KRYS 0.39%
82. MERITAGE HOMES CORP MTH 0.39%
83. THE HANOVER INSURANCE GROUP INC THG 0.39%
84. WOLVERINE WORLD WIDE INC WWW 0.39%
85. CYTOKINETICS INC CYTK 0.37%
86. NOVAGOLD RESOURCES INC NG 0.37%
87. PROTAGONIST THERAPEUTICS INC PTGX 0.37%
88. DLOCAL LTD CLASS A DLO 0.36%
89. KB HOME KBH 0.36%
90. AMBARELLA INC AMBA 0.35%
91. PTC THERAPEUTICS INC PTCT 0.35%
92. HORACE MANN EDUCATORS CORP HMN 0.34%
93. n/a ARX 0.34%
94. VITESSE ENERGY INC VTS 0.34%
95. CENTURY COMMUNITIES INC CCS 0.33%
96. CRISPR THERAPEUTICS AG CRSP 0.33%
97. POWER INTEGRATIONS INC POWI 0.33%
98. KYMERA THERAPEUTICS INC ORDINARY SHARES KYMR 0.32%
99. SABRA HEALTH CARE REIT INC SBRA 0.32%
100. SLIDE INSURANCE HOLDINGS INC SLDE 0.32%
101. SM ENERGY CO SM 0.32%
102. TG THERAPEUTICS INC TGTX 0.32%
103. LIQUIDIA CORP ORDINARY SHARES LQDA 0.31%
104. NORTHERN OIL & GAS INC NOG 0.31%
105. RIOT PLATFORMS INC RIOT 0.31%
106. CG ONCOLOGY INC CGON 0.30%
107. CONSTELLIUM SE CLASS A n/a 0.30%
108. PLEXUS CORP PLXS 0.30%
109. SPIRE INC SR 0.30%
110. VARONIS SYSTEMS INC VRNS 0.30%
111. COMMVAULT SYSTEMS INC CVLT 0.29%
112. FLUOR CORP FLR 0.29%
113. OUTFRONT MEDIA INC OUT 0.29%
114. SL GREEN REALTY CORP SLG 0.29%
115. TRIPLE FLAG PRECIOUS METALS CORP TFPM 0.29%
116. VIASAT INC VSAT 0.29%
117. DENALI THERAPEUTICS INC DNLI 0.28%
118. CALLAWAY GOLF CO CALY 0.27%
119. DIODES INC DIOD 0.27%
120. GLAUKOS CORP GKOS 0.27%
121. SKYWARD SPECIALTY INSURANCE GROUP INC SKWD 0.27%
122. SPYRE THERAPEUTICS INC SYRE 0.27%
123. TEREX CORP TEX 0.27%
124. V2X INC VVX 0.27%
125. AURINIA PHARMACEUTICALS INC AUPH 0.26%
126. BADGER METER INC BMI 0.26%
127. n/a PRAX 0.26%
128. SCHOLAR ROCK HOLDING CORP SRRK 0.26%
129. AVEANNA HEALTHCARE HOLDINGS INC AVAH 0.25%
130. BENCHMARK ELECTRONICS INC BHE 0.25%
131. FIRST ADVANTAGE CORP FA 0.25%
132. RIGEL PHARMACEUTICALS INC RIGL 0.25%
133. COMPASS INC CLASS A COMP 0.24%
134. KULICKE & SOFFA INDUSTRIES INC KLIC 0.24%
135. MERCURY SYSTEMS INC MRCY 0.24%
136. ORMAT TECHNOLOGIES INC ORA 0.24%
137. RHYTHM PHARMACEUTICALS INC RYTM 0.24%
138. TENABLE HOLDINGS INC TENB 0.24%
139. MIRUM PHARMACEUTICALS INC MIRM 0.23%
140. NETGEAR INC NTGR 0.23%
141. PACIRA BIOSCIENCES INC PCRX 0.23%
142. TRAVERE THERAPEUTICS INC ORDINARY SHARES TVTX 0.23%
143. CARETRUST REIT INC CTRE 0.22%
144. COGENT BIOSCIENCES INC COGT 0.22%
145. D-WAVE QUANTUM INC QBTS 0.22%
146. DIVERSIFIED ENERGY CO DEC 0.22%
147. EVERQUOTE INC CLASS A EVER 0.22%
148. INTERDIGITAL INC IDCC 0.22%
149. n/a DFTX 0.22%
150. n/a HIMS 0.22%
151. XENON PHARMACEUTICALS INC XENE 0.22%
152. ZETA GLOBAL HOLDINGS CORP CLASS A ZETA 0.22%
153. EPLUS INC PLUS 0.21%
154. FB FINANCIAL CORP FBK 0.21%
155. IMPINJ INC PI 0.21%
156. MAXLINEAR INC MXL 0.21%
157. NEWMARK GROUP INC CLASS A NMRK 0.21%
158. SELECT WATER SOLUTIONS INC CLASS A WTTR 0.21%
159. BREAD FINANCIAL HOLDINGS INC BFH 0.20%
160. HEALTHCARE SERVICES GROUP INC HCSG 0.20%
161. NVE CORP NVEC 0.20%
162. PARK AEROSPACE CORP PKE 0.20%
163. AZENTA INC AZTA 0.19%
164. ALLIENT INC ALNT 0.18%
165. DIANTHUS THERAPEUTICS INC DNTH 0.18%
166. RIGETTI COMPUTING INC RGTI 0.18%
167. TRANSCAT INC TRNS 0.18%
168. CECO ENVIRONMENTAL CORP CECO 0.17%
169. DUCOMMUN INC DCO 0.17%
170. HELIOS TECHNOLOGIES INC HLIO 0.17%
171. MIAMI INTERNATIONAL HOLDINGS INC MIAX 0.17%
172. SERVICETITAN INC CLASS A ORDINARY SHARES TTAN 0.17%
173. VISHAY INTERTECHNOLOGY INC VSH 0.17%
174. ATOUR LIFESTYLE HOLDINGS LTD ADR ATAT 0.16%
175. BLACKLINE INC BL 0.16%
176. CEVA INC CEVA 0.16%
177. COHU INC COHU 0.16%
178. HARMONIC INC HLIT 0.16%
179. ONESPAWORLD HOLDINGS LTD OSW 0.16%
180. XOMETRY INC ORDINARY SHARES CLASS A XMTR 0.16%
181. ADEIA INC ADEA 0.15%
182. AMPLITUDE INC CLASS A AMPL 0.15%
183. AXT INC AXTI 0.15%
184. FIVE9 INC FIVN 0.15%
185. LUMEN TECHNOLOGIES INC ORDINARY SHARES LUMN 0.15%
186. OMNICELL INC OMCL 0.15%
187. URBAN EDGE PROPERTIES UE 0.15%
188. HINGE HEALTH INC ORDINARY SHARES CLASS A HNGE 0.14%
189. EXTREME NETWORKS INC EXTR 0.13%
190. ULTRA CLEAN HOLDINGS INC UCTT 0.12%
191. BEL FUSE INC CLASS A BELFA 0.11%
192. NAVAN INC ORDINARY SHARES CLASS A NAVN 0.11%
193. PAR TECHNOLOGY CORP PAR 0.11%
194. PHOTRONICS INC PLAB 0.11%
195. AMERICAN SUPERCONDUCTOR CORP AMSC 0.10%
196. GENCO SHIPPING & TRADING LTD GNK 0.10%
197. SPROUT SOCIAL INC CLASS A SPT 0.10%
198. METHODE ELECTRONICS INC MEI 0.09%
199. GENIUS SPORTS LTD GENI 0.08%
200. CASH n/a 0.00%
201. IWM US 10/16/26 C290 n/a 0.00%
202. IWM US 10/16/26 C288 n/a 0.00%
203. IWM US 10/16/26 C286 n/a 0.00%
204. IWM US 10/16/26 C285 n/a 0.00%
205. IWM US 11/20/26 C290 n/a 0.00%
Holdings data last updated Oct 12, 2026 4:20 AM .
Scroll to Top