$FTQI Monthly Dividend: 12.00% Yield, Income Calculator & Price Decay

$FTQI — First Trust Nasdaq BuyWrite Income ETF — currently shows a 12.00% distribution rate and pays monthly. That ranks it #9 out of 25 monthly-paying ETFs in our database. Below: exactly how much capital it takes to hit your income target, where $FTQI sits against its closest peers, and whether it carries a price decay flag.

$FTQI At a Glance

Ticker$FTQI
Distribution Rate12.00%
Pay FrequencyMonthly
Assets (AUM)$1.15B
Price DecayNo
Yield Rank#9 of 25
Yield TierHigh Yield
CategoryCovered Call / Options Income

✓ No Price Decay High Yield Top 68% by yield

How Much $FTQI Do You Need for Monthly Income?

This is the calculation most people actually want. At $FTQI's current 12.00% distribution rate, here is the capital required to hit common monthly income targets:

Monthly Income GoalAnnual IncomeCapital Required in $FTQI
$100 / month$1,200$10,000
$250 / month$3,000$25,000
$500 / month$6,000$50,000
$1,000 / month$12,000$100,000
$2,500 / month$30,000$250,000
$5,000 / month$60,000$500,000
Read this before you use those numbers These figures assume the current 12.00% distribution rate holds steady. It will not. Monthly distributions from income ETFs move with the underlying strategy — option premium, interest rates, and market volatility all feed into the payout. Treat this table as a sizing exercise, not a guaranteed income schedule. All figures are pre-tax.

Where $FTQI Ranks Among Monthly Dividend ETFs

$FTQI's 12.00% distribution rate places it in the High Yield tier — a payout that typically requires an options overlay or leverage to produce. It sits at #9 of 25 funds by yield, putting it in the top 68% of monthly payers we track.

Yield rank alone is a weak signal. A fund at the very top of the list is usually there because it is running an aggressive single-stock option strategy, not because it is a better fund. Rank is useful for finding candidates, not for choosing between them.

Closest peers by yield

TickerFund NameYieldPrice Decay
$YYYAmplify High Income ETF12.24%Yes
$RYLDGlobal X Russell 2000 Covered Call ETF12.20%Yes
$IAUINEOS Gold High Income ETF12.00%No
$SPYINEOS S&P 500 High Income ETF11.94%No
$QDVOAmplify CWP Growth & Income ETF11.00%No
$FTQIFirst Trust Nasdaq BuyWrite Income ETF12.00%No

$FTQI Price Decay Analysis

$FTQI is not currently flagged for price decay. Its share price is at or above its inception level, meaning the distributions paid have not come at the cost of a shrinking share price. Among high yield funds this is the more favorable configuration, since the payout has been funded without eroding the underlying asset base.

This is a point-in-time measurement of share price versus inception price only. It does not guarantee future behavior, and it does not by itself tell you the fund's total return.

The one check that matters most Put the distribution rate next to the total return. If $FTQI pays 12.00% and its total return over the same period is comfortably positive, the payout is being funded by real gains. If total return badly trails the payout, you are being handed your own capital back. Run it yourself on ETFTotalReturns.com.

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$FTQI Monthly Dividend FAQ

How much do I need to invest in $FTQI to make $1,000 a month?

At a 12.00% distribution rate, generating $1,000 per month ($12,000 per year) from $FTQI would require approximately $100,000 invested. This is a straight yield calculation using the current rate — actual monthly amounts vary, and the distribution rate itself changes over time.

Does $FTQI pay dividends monthly?

Yes. $FTQI appears in the MonthlyETFs.com database of monthly-paying funds, meaning it distributes income on a monthly rather than quarterly schedule. Exact payment amounts and ex-dividend dates are set by the fund issuer and vary period to period.

What is $FTQI's dividend yield?

$FTQI currently shows a distribution rate of 12.00%, which places it in the High Yield tier and ranks it #9 out of 25 monthly-paying ETFs we track. Distribution rates are not guaranteed and move with the fund's underlying strategy and market conditions.

Does $FTQI have price decay?

No. $FTQI is not currently flagged for price decay — its share price is at or above its inception level. This measures share price only and is a point-in-time reading, not a guarantee about future price behavior.

Is $FTQI a good investment?

MonthlyETFs.com does not give buy or sell signals. What we can tell you is where $FTQI sits on the data: a 12.00% distribution rate, $1.15B in assets, and no price decay flag. Whether that fits your situation depends on your income needs, tax situation, and risk tolerance. Consult a licensed financial advisor.

Keep Researching

Disclaimer: MonthlyETFs.com is for entertainment and educational purposes ONLY. Nothing here is a buy or sell signal, investment advice, or tax advice. Yield, AUM and price decay figures are sourced from public data and refreshed automatically — they may be inaccurate or outdated and can change dramatically without notice. Distribution rates are not guaranteed and may be reduced or suspended at any time. Price decay reflects share price versus inception price only and does not account for distributions. Past performance does not predict future results. Investing carries risk including loss of principal. We are not financial advisors. Always verify current figures with the fund issuer and consult a licensed financial advisor before investing.