Category Review
The largest option-income fund beat the S&P 500 by selling calls on a quarter of its assets
FT Vest Rising Dividend Achievers Target Income ETF
$28.25+0.22 (+0.78%)
- 0.75%
- $3.82B
- +18.8%
- 8.29%
- 1.17M sh
- low $24.77high $30.09
The ETF.net RDVI Grade
A
Score 76 out of 100
- 4 of 51
Score 76 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A72 out of 100Rank 14 of 51Mission
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.B56 out of 100Rank 23 of 48Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A94 out of 100Rank 1 of 51Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A86 out of 100Rank 3 of 43Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A96 out of 100Rank 1 of 51
Our read on RDVI
In short
ATwo engines in one wrapper: roughly 50 rising-dividend stocks on the equity side, and calls sold on the S&P 500 (not on those stocks) for the income, targeting 8 points above the index's dividend yield, paid monthly.
Stated mandate
The Fund seeks current income and, secondarily, capital appreciation. It primarily invests in U.S.-traded equities in the Nasdaq US Rising Dividend Achievers Index and sells U.S.-traded calls on the S&P 500 Index or ETFs tracking it.
Why people hold it
Worth knowing
RDVI Holdings
- Other
- 73
- 23%
- TRV
Sectors
- Financials38.0%
- Technology27.1%
- Industrials12.4%
- Consumer Discretionary9.7%
- Communication4.2%
- Health Care3.9%
- Consumer Staples2.4%
- Energy1.8%
- Materials0.5%
Geography
- United States93.91%
- Switzerland2.65%
- Ireland2.28%
- Bermuda1.16%
RDVI 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.
RDVI$11,880
Returns run to the Oct 30, 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 | RDVI |
|---|---|
| Year to date | +14.6% |
| 1 month | +1.2% |
| 3 months | −2.0% |
| 1 year | +18.8% |
| 3 years | +21.6% |
| 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 | RDVI |
|---|---|---|
| 2026 YTD | +14.6% | |
| 2025 | +17.9% | |
| 2024 | +14.5% | |
| 2023 | +18.6% | |
| 2022 | +9.9% |
RDVI in the news
Category Review
The payout and the result came apart in option-income funds
RDVI Dividends
- 8.29%
- $2.32
- $0.20 per share
- Monthly
RDVI Risk
- 14.1%
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.
- 1.15
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.
- −18.3%
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.
- 0.87
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.
RDVI Cost
Overpaying vs RECI, cheapest in Active Option Income
$8,333
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
RDVI 0.75%
$14,482
RECI 0.30% Cheapest
$6,149
Cost over time
Year by year
| Year | RDVI | RECI | Overpaying |
|---|---|---|---|
| 10 | $1,336 | $545 | $791 |
| 20 | $5,078 | $2,113 | $2,965 |
| 30 | $14,482 | $6,149 | $8,333 |
Other funds in Active Option Income
- AYLDEFranklin ClearBridge Enhanced Income ETFExpense ratio 0.48%1 year return +16.1%
- APAYRFederated Hermes Enhanced Income ETFExpense ratio 0.40%1 year return +25.2%
- AACIOAptus Collared Income Opportunity ETFExpense ratio 0.79%1 year return +5.6%
- AIINCAlki Consolidated Income ETFExpense ratio 0.75%1 year return
- ASEPIShelton Equity Premium Income ETFExpense ratio 0.54%1 year return +15.6%