Launched May 28, 2025

First Trust Balanced Income ETF

FTBINYSE ArcaFirst TrustC

$21.24+0.05 (+0.23%)

As of Nov 2, 2026, 3:21 PM ET

C47/ 100

Rank 11 of 15 in Multi-Asset Income

C47/100Rank 11 of 15inMulti-Asset Income

Expense ratio: 0.98%
Fund size: $30M
1Y total return: +7.5%
Yield · Last 12 months: 7.92%
Holdings: 16
Avg volume · 30D: 7.55K sh
52W range: low $19.81high $24.14
Launched: May 28, 2025

The ETF.net FTBI Grade

Score 47 out of 100

Category: Multi-Asset Income⁠
Rank: 11 of 15

Cost
D36 out of 100
Rank 10 of 15
Mission
B68 out of 100
Rank 7 of 11
Risk
D36 out of 100
Rank 12 of 15
Tradability
C41 out of 100
Rank 10 of 15
Holdings
B55 out of 100
Rank 6 of 13
Durability
C45 out of 100
Rank 11 of 15

Our read on FTBI

ETF.net Research

In short

CA one-ticker income recipe from a single kitchen: 60% option-income equity ETFs, 35% investment-grade bonds, 5% gold-linked income, all First Trust funds, reset semi-annually. Pays monthly, costs 0.98%.

Stated mandate

The Fund seeks to match the price and yield, before fees and expenses, of the Bloomberg Moderate Allocation Income Focus Index. It normally invests at least 80% of net assets in the ETFs comprising that Index.

Why people hold it

Three asset classes in one fixed recipe: 60% equity-linked income ETFs, 35% investment-grade bond ETFs, 5% commodity-linked income, reconstituted and rebalanced semi-annually.sec.gov ftportfolios.com
Income leans on sold options, not only dividends and coupons: the equity sleeve holds buywrite and target income ETFs that collect option premiums. Distributions are monthly.ftportfolios.com
The gold sleeve is an unusual touch for multi-asset income: FLEX options referencing a gold-holding ETP, with income targeted off one-month Treasury yields.ftportfolios.com
The equity allocation splits evenly across core, growth and value styles, then equally weights the funds inside each style, so no single sleeve runs the portfolio.ftportfolios.com

Worth knowing

At 0.98% the fee sits above the category median. Most of it is the underlying First Trust funds' own fees, stacked beneath a 0.25% management fee.sec.gov
Higher-ranked peers charge less: INCM at 0.38%, IYLD and INKM at 0.50%, MDIV at 0.71% net of a waiver through January 31, 2027.
Every holding comes from one house, since the index universe is limited to First Trust's own income ETFs. The fund also launched in 2025 and trades thinly.sec.gov

FTBI Holdings

Holdings pillarB55Rank 6 of 13 in Multi-Asset Income

Asset class: Other
Holdings: 16
Top-10 weight: 79%
Largest holding: FTHI20.1%

Geography

United States94.07%
United Kingdom1.02%
Netherlands1.02%
Canada0.92%
Switzerland0.58%

Taiwan0.49%
Ireland0.43%
Bermuda0.27%
Other countries (24)1.20%

The fund’s holdings, weight-ordered — page 1 of 2.
#	Ticker	Company	Weight %	Shares	Market value	Held by ETFs
1	FTHI	First Trust BuyWrite Income ETF	20.08%	256,030	$5.96M	1
2	TDVI	FT Vest Technology Dividend Target Income ETF	10.24%	98,480	$3.04M	1
3	FTQI	First Trust Nasdaq BuyWrite Income ETF	10.07%	138,283	$2.99M	1
4	FTCB	First Trust Core Investment Grade ETF	6.92%	101,950	$2.06M	2
5	FIXD	First Trust Smith Opportunistic Fixed Income ETF	6.89%	48,719	$2.05M	2
6	DOGG	FT Vest DJIA® Dogs 10 Target Income ETF	5.32%	69,520	$1.58M	1
7	KNG	FT Vest S&P 500® Dividend Aristocrats Target Income ETF®	5.12%	29,396	$1.52M	1
8	RDVI	FT Vest Rising Dividend Achievers Target Income ETF	4.93%	52,211	$1.46M	1
9	SDVD	FT Vest SMID Rising Dividend Achievers Target Income ETF	4.90%	65,525	$1.45M	1
10	IGLD	FT Vest Gold Strategy Target Income ETF®	4.58%	71,926	$1.36M	2
11	FSIG	First Trust Limited Duration Investment Grade Corporate ETF	4.40%	70,334	$1.31M	3
12	FIIG	First Trust Intermediate Duration Investment Grade Corporate ETF	4.32%	63,999	$1.28M	2
13	LMBS	First Trust Low Duration Opportunities ETF	4.11%	24,920	$1.22M	5
14	MGOV	First Trust Intermediate Government Opportunities ETF	4.04%	61,540	$1.2M	3
15	LGOV	First Trust Long Duration Opportunities ETF	4.01%	58,076	$1.19M	3

Showing 1–15 of 16 holdings

FTBI Performance

Launched May 28, 2025

FTBI$10,755

$11,199

Oct 31, 2025 – Oct 30, 2026

Trailing total return for FTBI. Periods over one year show the average yearly return.
Period	FTBI
Year to date	+6.3%
1 month	+1.4%
3 months	+0.4%
1 year	+7.5%
3 yearsFund is under 3 years old	per yearNo data
5 yearsFund is under 5 years old	per yearNo data
10 yearsFund is under 10 years old	per yearNo data

With distributions reinvested.

Annual total returns for FTBI
Year	Return bar	FTBI
2026 YTD		+6.3%
2025		+11.1%

History from May 29, 2025

FTBI in the news

Filtered to FTBI · Multi-Asset Income · First Trust

Launch Roundup
Subversive ETFs listed S&P 500 and Nasdaq-100 funds that exclude Elon Musk's companies
Oct 9, 2026QQQ−1.36%
ETF Filings
First Trust files an autocallable ETF that can still lose the whole amount
13 hours agoACYN−0.16%
ETF Filings
Roundhill files for an active cybersecurity ETF filing, and the fee is still blank
14 hours agoXA−5.26%
Category Review
The largest option-income fund beat the S&P 500 by selling calls on a quarter of its assets
Updated Oct 30, 2026RDVI+0.78%
Deep Dive
Amazon and Tesla are 41.6% of consumer discretionary ETF XLY
Oct 28, 2026XLY+2.41%
ETF Filings
First Trust files four 15% dual directional buffer ETFs for 2027
Oct 27, 2026SPY−0.47%

FTBI Dividends

: 7.92%Last 12 months
Payout per share: $1.68Last 12 months

Last payment: $0.13 per share
Paid on: Oct 30, 2026
: Oct 21, 2026
Frequency: Monthly

Distribution history

2025–2026

Ex-date	Pay date	Amount per share
Oct 21, 2026	Oct 30, 2026	$0.13
Sep 24, 2026	Sep 30, 2026	$0.14
Aug 21, 2026	Aug 31, 2026	$0.14
Jul 21, 2026	Jul 31, 2026	$0.14
Jun 25, 2026	Jun 30, 2026	$0.14
May 21, 2026	May 29, 2026	$0.14
Apr 21, 2026	Apr 30, 2026	$0.14
Mar 26, 2026	Mar 31, 2026	$0.14
Feb 20, 2026	Feb 27, 2026	$0.15
Jan 21, 2026	Jan 30, 2026	$0.15
Dec 12, 2025	Dec 31, 2025	$0.14
Nov 21, 2025	Nov 28, 2025	$0.13

See all 17 payments⁠

$10,000 in FTBI 1 year ago paid $787 in dividends.⁠

FTBI Risk

Risk pillarD36Rank 12 of 15 in Multi-Asset Income

: 6.4%; Annualised · 17 months to Oct 2026; 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.
: 1.24; vs 3-month T-bills · 17 months to Oct 2026; 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.
: −5.3%; 17 months · trough Mar 2026; 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.
: 0.47; vs its asset-class index; How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.

FTBI Cost

Compare FTBI and DINE

Overpaying vs DINE, cheapest in Multi-Asset Income

$15,225

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

FTBI 0.98%
$18,362
DINE 0.15% Cheapest
$3,137

Amount$10,000

Years30 years

Cost over time

FTBI 0.98%
DINE 0.15%
Overpaying

Year by year

Year	FTBI	DINE	Overpaying
10	$1,729	$274	$1,455
20	$6,504	$1,071	$5,433
30	$18,362	$3,137	$15,225

Other funds in Multi-Asset Income

CJFLIJPMorgan Flexible Income ETFExpense ratio 0.51%1 year return +10.1%
CFTHBFIS Faith Income ETFExpense ratio 0.66%1 year return No data
CDINESimplify Tax Aware Diversified Income Strategy ETFExpense ratio 0.15%1 year return No data
DHIPSGraniteShares HIPS US High Income ETFExpense ratio 1.09%1 year return +2.2%
DYFYAYields for You Income Strategy A ETFExpense ratio 1.25%1 year return +2.8%

See others

First Trust Balanced Income ETF

Cost

Mission

Risk

Tradability

Holdings

Durability