RDVI
FT Vest Rising Dividend Achievers Target Income ETF
RDVI seeks a target level of current income and capital appreciation by holding a portfolio of dividend-paying US equities, while utilizing a naked call writing strategy on the S&P 500 Index or related ETF. The fund is actively managed.
Risk Management
DERIVATIVES
Active
MANAGEMENT STYLE
1.1 B
ASSETS UNDER MGMT
75 bp
EXPENSES
Fund Basics
| Fund sponsor | |
| Category | Risk Management |
| Asset class | Derivatives |
| Website | link... |
| Inception date | Oct 19, 2022 |
| Assets (mns) | $1,261 |
| Expense ratio | 75 bp |
Fund Structure
| Regulation | |
| Distributions | |
| Taxation | 1099 |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Asset Allocation
Historical Performance
Standardized Performance (as of 03/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 2.5% | 7.5% | 6.0% | -- | -- | -- | -- | 10.4% |
| Dividend Yield | -4.6% | -5.6% | -6.0% | -- | -- | -- | -- | -0.7% |
| Total Returns | -2.1% | 1.9% | -- | -- | -- | -- | -- | 9.7% | Ann. Volatility | 14.7% | 15.3% | 15.4% | -- | -- | -- | -- | 16.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.02 | 60% |
| MSCI EAFE | 0.77 | 33% |
| MSCI Emg Mkts | 0.48 | 7% |
Liquidity Measures
| Avg. volume (000) | 727 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 0.04% |
| ADV of underlying (mns) | $0 |
Technical Indicators
| Recent close | $22.98 |
| 30d moving avg. | $23.17 |
| Annualized volatility | 16.3% |
| Relative strength (RSI) | 42 |
| Short interest (ETF) | 0.3% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Expense Analysis
| Peer Group | Active Risk Management Derivatives ETFs |
| # of ETFs | 109 |
| Avg. Expense Ratio | 85.0 bp |
| Std. Deviation | 17 bp |
| RDVI (75 bp) Percentile rank | 25 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| RDVI | 75.0 | 4.2 | 79.2 |
| Peer Avg. | 90.6 | 32.4 | 123.0 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .