FT Vest Growth Strength & Target Income ETF
$20.50−0.07 (−0.36%)
- 0.85%
- $2M
- +8.9%
- 8.25%
- 0M sh
- $20.65
- low $18.68high $21.52
The ETF.net FGSI Grade
D
Score 35 out of 100
- 47 of 52
Score 35 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Very small fund, grade capped at C.
The cap holds the Score at 40 or below, so B and A are out of reach.
- The pillars earned
- 35
- This cap took
- −0
- Published Score
- 35
Cost
The fund’s net expense ratio, ranked against its category.D25 out of 100Rank 39 of 52Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F22 out of 100Rank 49 of 52Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D34 out of 100Rank 39 of 52Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A87 out of 100Rank 1 of 41Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D39 out of 100Rank 44 of 52
Our read on FGSI
DMost S&P 500 covered-call funds sell calls on the index they own. FGSI owns roughly 50 growth-and-quality screened US stocks and writes calls on the S&P 500 instead, aiming for monthly income at a set spread over the index dividend yield.
The Fund seeks current income first and capital appreciation second. It primarily holds U.S. exchange-traded stocks selected to track The Growth StrengthTM Index and sells U.S.-traded calls on the S&P 500® Index or ETFs tracking it.
Why people hold it
- The income goal is written into the prospectus: an annual rate 8% above the S&P 500's current dividend yield, paid out monthly.sec.gov
- The equity sleeve isn't a plain index tracker. Roughly 50 US stocks screened for growth, profitability and quality via First Trust's Growth Strength Index.ftportfolios.com
- Because the calls sit on the S&P 500 rather than on its own shares, no individual holding gets called away, though index moves still drive the option leg.sec.gov
Worth knowing
- At 0.85% a year it costs more than the typical S&P 500 options-income fund, where the median is nearer 0.60% and big peers like IVVW and GPIX charge a fraction of that.sec.gov
- It launched in mid-2025 and is still a small, lightly traded fund, so trading costs can run wider than in the category's established names.
- First Trust discloses that distributions may include return of capital, meaning part of a payout can be capital coming back rather than income earned.sec.gov
FGSI Holdings
- Other
- 51
- 25%
- PLTR
Sectors
- Technology37.0%
- Health Care16.1%
- Financials13.2%
- Industrials11.1%
- Consumer Discretionary6.9%
- Consumer Staples5.8%
- Communication5.6%
- Materials2.5%
- Energy1.9%
Geography
- United States92.18%
- Switzerland3.95%
- Ireland1.97%
- Singapore1.91%
FGSI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
FGSI$10,888
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FGSI |
|---|---|
| Year to date | +9.0% |
| 1 month | +1.5% |
| 3 months | +1.7% |
| 1 year | +8.9% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FGSI |
|---|---|---|
| 2026 YTD | +9.0% | |
| 2025 | +4.5% |
FGSI in the news
FGSI Dividends
- 8.25%
- $1.70
- $0.14 per share
- Monthly
Distribution history
FGSI Risk
- 8.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.51
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −8.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.57
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FGSI Cost
0.85%
FGSI0.85%
- The middle half of S&P 500 Option Income funds
- Median 0.60%
37 of the 51 S&P 500 Option Income funds charge less.
Other funds in S&P 500 Option Income
- DSDTYYieldMax S&P 500 0DTE Covered Call Strategy ETFExpense ratio 1.08%1 year return +21.0%
- DWDTES&P 500 Weekly Distribution ETFExpense ratio 1.03%1 year return +19.4%
- DSHDGSoundwatch Hedged Equity ETFExpense ratio 1.01%1 year return +9.2%
- DXSPINEOS Boosted S&P 500 High Income ETFExpense ratio 0.98%1 year return —
- DHRSKToews Agility Shares Hedged Risk ETFExpense ratio 0.95%1 year return —