FT Vest Growth Strength & Target Income ETF (FGSI)
FT Vest Growth Strength & Target Income ETF operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $21.43, down 0.26% on the session, giving a market capitalisation of $2.1M. Its beta of 0.54 implies it has historically moved less than the broad market.
The FT Vest Growth Strength & Target Income ETF (the "Fund") aims to deliver consistent income to investors, with a secondary goal of generating capital appreciation. Typically, the Fund achieves these objectives by primarily investing in U.S. publicly traded stocks designed to replicate the performance of The Growth Strength Index (the "Index"). Additionally, it implements an options strategy involving the sale of U.S. exchange-traded call options, which are written against either the S&P 500 Index or exchange-traded funds that mirror its activity.
FT Vest Growth Strength & Target Income ETF is most often compared with the following Financial Services names: