Core Insights - First Trust BuyWrite Income ETF (NASDAQ: FTHI) employs an option writing strategy against the S&P 500 to enhance income levels [1] Group 1: Investment Strategy - The ETF is diversified and focuses on amplifying income through options [1] - The strategy includes a mix of classic dividend growth stocks, Business Development Companies, REITs, and Closed End Funds to boost investment income while achieving total returns comparable to traditional index funds [1] Group 2: Performance and Management - The hybrid system created by the company aims to balance growth and income, maintaining total returns on par with the S&P 500 [1]