EGGQ vs RDVI

EGGQCNestYield Visionary ETF

RDVIAFT Vest Rising Dividend Achievers Target Income ETF

In short

EGGQ Most options-income funds lead with yield. EGGQ flips the order: growth first, income second, with an active manager buying US large caps directly or through options, and paying monthly. Fee: 0.93% net of a waiver through March 30, 2027.

RDVI Two 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

EGGQ The Fund seeks long-term growth and, secondarily, current income. It actively selects U.S.-listed large-cap companies, investing directly or synthetically through options; its option strategies seek income and may limit upside, while cash or Treasuries may comprise up to 20% of assets.

RDVI 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

• EGGQ The option overlay serves a growth mandate, not the other way around: income is the stated secondary goal, and cash or Treasuries can take up to 20% of assets.
• Active by design. The manager picks US-listed large caps and can hold them outright or synthetically through options, rather than tracking a fixed covered-call index.
• Pays monthly, the cadence written into its income policy.
• At 0.93% net of a waiver through March 30, 2027 (0.99% gross), the fee lands near the category median despite the active, options-driven machinery.

• RDVI 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

• EGGQ Writing options for income can cap how much of a rally the fund keeps. That trade-off is in the prospectus, not a surprise.
• Several of the strongest-rated funds in this category cost less, including RECI at 0.30% and TCAL at 0.34%.
• Shares trade thinly and the fund is small, so the bid-ask spread can matter as much as the fee. Launched December 2024, its record is short.

• RDVI 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.

Full EGGQ profile⁠

Full RDVI profile⁠