First Trust Small Cap BuyWrite Income ETF (FTKI) Valuation
FTKI valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 24.5 trailing earnings
- Forward P/E
- 13.8 analyst estimates
- Price / sales
- 1.69
- Price / book
- 2.45
- EV / EBITDA
- 10.4
- Earnings yield
- 4.08% inverse of P/E
- Dividend yield
- 1.23% of the holdings
- Return on equity
- 10.0% combined
- Net margin
- 6.9% combined
- Beta
- 1.13 weighted, vs S&P 500
FTKI valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| FTKI | 24.5 | 13.8 | 1.69 | 2.45 | 1.23% | 10.0% | 6.9% | 17.6% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
FTKI valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 22.1% | 43.9 | 20.4 | 2.69 | 4.58 | 0.24% | 10.4% |
| Financial Services | 17.2% | 13.6 | 10.1 | 1.86 | 1.61 | 1.91% | 11.8% |
| Consumer Cyclical | 14.5% | 17.9 | 13.2 | 0.92 | 2.90 | 0.70% | 16.2% |
| Healthcare | 13.1% | n/m | 18.7 | 2.97 | 4.09 | 0.44% | −14.4% |
| Energy | 7.3% | 8.2 | 9.0 | 1.72 | 1.56 | 3.10% | 19.1% |
| Industrials | 6.6% | 40.1 | 16.6 | 1.22 | 2.11 | 1.07% | 5.2% |
| Real Estate | 3.9% | 29.2 | 17.6 | 1.76 | 1.27 | 4.81% | 4.4% |
| Communication Services | 1.7% | 28.3 | 13.2 | 1.63 | 4.13 | 1.39% | 14.6% |
| Consumer Defensive | 1.6% | 11.8 | 8.9 | 1.67 | 1.96 | 0.84% | 16.6% |
| Utilities | 1.0% | 24.0 | 15.8 | 1.88 | 1.46 | 3.66% | 6.1% |
FTKI earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How FTKI weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
FTKI largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| ETSY | Etsy, Inc. | 2.25% | 24.9 | 14.9 | 2.7 | — | 2.60% |
| ANF | Abercrombie & Fitch Co. | 2.18% | 13.2 | 10.0 | 1.2 | — | 4.73% |
| PATH | UiPath Inc. | 2.12% | 19.2 | 16.7 | 3.9 | — | 3.18% |
| APPN | Appian Corporation | 2.01% | — | 416.7 | 3.7 | — | −0.11% |
| CART | Instacart (Maplebear Inc.) | 1.83% | 27.2 | 13.0 | 3.0 | — | 1.93% |
| EHC | Encompass Health Corporation | 1.76% | 21.4 | 18.9 | 2.0 | 0.66% | 2.37% |
| STNG | Scorpio Tankers Inc. | 1.67% | 5.1 | 15.6 | 3.4 | 2.21% | 9.44% |
| CRDO | Credo Technology Group Holding Ltd | 1.65% | 60.2 | 30.9 | 20.0 | — | 0.79% |
| RNR | RenaissanceRe Holdings Ltd. | 1.56% | 6.1 | 8.1 | 1.3 | 0.47% | 7.40% |
| EQX | Equinox Gold Corp | 1.50% | — | — | — | — | — |
| TXRH | Texas Roadhouse, Inc. | 1.38% | 26.9 | 21.0 | 1.8 | 1.78% | 1.48% |
| FF60 | FIRSTCASH HLDGS INC.DL-01 | 1.32% | — | — | — | — | — |
| LPG | Dorian LPG Ltd. | 1.27% | 7.1 | 5.4 | 4.0 | 6.25% | 5.14% |
| SSRM | SSR Mining Inc | 1.25% | — | — | — | — | — |
| MCRI | Monarch Casino & Resort, Inc. | 1.23% | 18.2 | 16.9 | 3.6 | 1.06% | 1.95% |
| SEZL | Sezzle Inc. | 1.23% | 28.0 | 17.1 | 8.1 | — | 1.27% |
| BOX | Box, Inc. | 1.20% | 57.3 | 17.6 | 4.4 | — | 0.60% |
| AIT | Applied Industrial Technologies, Inc. | 1.15% | 30.2 | 27.8 | 2.4 | 0.62% | 1.10% |
| FHI | Federated Hermes, Inc. | 1.13% | 10.4 | 9.9 | 2.2 | 2.57% | 3.13% |
| TNK | Teekay Tankers Ltd. | 1.13% | 5.8 | 8.3 | 2.9 | 1.03% | 5.56% |
| CVI | CVR Energy, Inc. | 1.11% | 91.7 | 40.5 | 0.7 | 0.65% | 0.35% |
| ZIM | ZIM Integrated Shipping Services Ltd. | 1.08% | 25.4 | — | 0.5 | — | 1.23% |
| RGA | Reinsurance Group of America, Incorporated | 1.07% | 11.7 | 7.7 | 0.7 | 1.47% | 2.62% |
| FTDR | Frontdoor, Inc. | 1.01% | 20.8 | 14.5 | 2.5 | — | 1.39% |
| LRN | Stride, Inc. | 0.92% | 11.5 | 8.6 | 1.4 | — | 2.30% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About FTKI valuation
Adding up its 180 holdings with company data, FTKI trades at 24.5 times trailing earnings and 13.8 times analysts' forward estimates, with a price-to-book ratio of 2.45 and a dividend yield of 1.23%. Its earnings yield of 4.08% is 1.25 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 18.5% of the fund and earn 33.8% of its combined profit. By sector, Technology is the most expensive at 43.9 times earnings and Energy the cheapest at 8.2. Companies that lost money over the past year are 17.6% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 90.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: FTKI chart, FTKI performance, FTKI holdings, FTKI dividends.
FTKI valuation FAQ
What is the P/E ratio of FTKI?
Based on its holdings, FTKI has a trailing P/E of 24.5 and a forward P/E of 13.8 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of FTKI?
The trailing earnings yield is 4.08% (1 ÷ P/E) and the forward earnings yield 7.24%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is FTKI more expensive than the S&P 500?
FTKI trades at 24.5 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 13.8 and 19.9.
What is the price-to-book ratio of FTKI?
The holdings of FTKI trade at 2.45 times book value, with a combined return on equity of 10.0%.
Which sector in FTKI has the highest P/E?
Technology has the highest P/E at 43.9 and Energy the lowest at 8.2.