Category Review
The payout and the result came apart in option-income funds
FT Vest Rising Dividend Achievers Target Income ETF
$28.24−0.08 (−0.28%)
- 0.75%
- $3.8B
- +23.2%
- 8.14%
- 1M sh
- $28.24
- low $24.77high $30.09
The ETF.net RDVI Grade
A
Score 76 out of 100
- 3 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.B58 out of 100Rank 22 of 46Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A90 out of 100Rank 2 of 51Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A84 out of 100Rank 5 of 42Durability
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
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.
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
- The income target is written into the mandate: annualized distributions aimed at 8 percentage points above the S&P 500's dividend yield, paid monthly.
- Calls are written on the S&P 500, not on the fund's own holdings, so no individual dividend grower in the portfolio gets called away when it runs.ftportfolios.com
- A concentrated equity sleeve of about 50 US dividend growers, not a 500-name index clone wearing an options overlay.
- Billion-dollar-plus asset base and active daily trading, which puts it among the easier funds to move in and out of in this crowded category.
Worth knowing
- At 0.75%, it runs above the typical S&P 500 income fund, and cheaper overlays exist in the same lane (IVVW at 0.25%, GPIX at 0.35%).
- The prospectus discloses distributions can include return of capital, so part of a monthly payment may be your own money coming back.
- Stocks and options sit on different benchmarks. When the S&P 500 outruns the dividend-grower sleeve, the short calls give back more than the holdings pick up.
RDVI Holdings
- Other
- 73
- 23%
- AMAT
Sectors
- Financials38.0%
- Technology27.1%
- Industrials12.4%
- Consumer Discretionary9.7%
- Communication4.2%
- Health Care3.9%
- Consumer Staples2.4%
- Energy1.8%
- Materials0.5%
Geography
- United States94.64%
- Switzerland2.49%
- Ireland1.80%
- Bermuda1.07%
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$12,324
Returns run to the Oct 12, 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 | +15.0% |
| 1 month | −0.9% |
| 3 months | −0.5% |
| 1 year | +23.2% |
| 3 years | +20.6% |
| 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 | +15.0% | |
| 2025 | +17.9% | |
| 2024 | +14.5% | |
| 2023 | +18.6% | |
| 2022 | +9.9% |
RDVI in the news
RDVI Dividends
- 8.14%
- $2.31
- $0.20 per share
- Monthly
Distribution history
RDVI Risk
- 14.4%
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.
- 1.01
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.
- 0.85
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
RDVI Cost
0.75%
RDVI0.75%
- The middle half of Active Option Income funds
- Median 0.95%
13 of the 51 Active Option Income funds charge less.
Other funds in Active Option Income
- ARECIColumbia Research Enhanced Core Premium Income ETExpense ratio 0.30%1 year return —
- AYLDEFranklin ClearBridge Enhanced Income ETFExpense ratio 0.48%1 year return +13.0%
- ASEPIShelton Equity Premium Income ETFExpense ratio 0.54%1 year return +24.9%
- ATCALT. Rowe Price Capital Appreciation Premium Income ETFExpense ratio 0.34%1 year return +4.3%
- AACIOAptus Collared Income Opportunity ETFExpense ratio 0.79%1 year return +11.1%