RDVI vs RECI: Grades, Fees and Holdings Compared

FT Vest Rising Dividend Achievers Target Income ETF

RDVIACboe

Columbia Research Enhanced Core Premium Income ET

RECIANYSE Arca

Overlap

17.4%by weight

Expense ratio

RECI −0.45pt a year

RDVI0.75%RECI0.30%

Avg volume · 30D

RDVI 42.0×the volume

RDVI1.17MRECI28K

RDVI vs RECI Performance

Jul 31, 2026 – Oct 30, 2026

−2.0%RDVI+3.2%RECI

Expense ratio: RDVI 0.75%; RECI 0.30%, better
Fund size: RDVI $3.82B; RECI $10M
1Y total return: RDVI +18.8%; RECI No data
Yield (12M): RDVI 8.29%; RECI No data
Holdings: RDVI 73; RECI 356
Avg volume (30D): RDVI 1.17M sh, better; RECI 28K sh
NAV per share: RDVI $28.01; RECI $20.49
52W range

ETF.net Grade

Pillar letters and Scores for RDVI, RECI, with each pillar’s weight
Pillar	RDVI	RECI
Cost30% weight	A72	A100Higher
Mission25% weight	Not scored	Not scored
Risk15% weight	B56	A87Higher
Tradability15% weight	A94Higher	A73
Holdings10% weight	A86Higher	B61
Durability5% weight	A96Higher	C45

Rank among Active Option Income funds

How we build Categories ›

Same Category. RDVI and RECI are both graded against the same 50 Active Option Income funds, so their Grades compare head to head.

Active Option Income⁠

Category · 50 funds

See all 50 ›

RECI ranks 1st and RDVI 4th of 50 funds in the Active Option Income Category.

Rank 1ARECIColumbia Research Enhanced Core Premium Income ETScore 83
Rank 2ATCALT. Rowe Price Capital Appreciation Premium Income ETFScore 80
Rank 4APAYRFederated Hermes Enhanced Income ETFScore 76
Rank 4ARDVIFT Vest Rising Dividend Achievers Target Income ETFScore 76
Rank 6AACIOAptus Collared Income Opportunity ETFScore 74

Our read on each fund

ETF.net Research

RDVIAFT Vest Rising Dividend Achievers Target Income ETF

RECIAColumbia Research Enhanced Core Premium Income ET

In short

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.

RECI No data

Stated mandate

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.

RECI No data

Why people hold it

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.

RECI No data

Worth knowing

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.

RECI No data

Full RDVI profile⁠

Full RECI profile⁠

RDVI vs RECI Holdings

How RDVI and RECI differ

Overlap by weight

17.4%

Shared holdings make up 46.9% of RDVI and 36.1% of RECI.

Level by level

Holdings33 in both17.4%
Countryby domicile93.9%

Sector

No Sector split for RECI.

Country, concentration and asset class

Country by domicile

Country weights in RDVI and RECI, widest gap first
Country	More in RDVIMore in RECI	RDVI	RECI
United States	RECI +5.8 points	93.9%	99.7%
Switzerland	RDVI +2.6 points	2.6%	0.0%
Ireland	RDVI +2.3 points	2.3%	0.0%
Bermuda	RDVI +1.2 points	1.2%	0.0%
Other countries (3)	RECI +0.3 points	0.0%	0.3%

Concentration

Weight in the 10 largest Holdings

RDVI22.6%
RECI51.7%

Securities held

RDVI72
RECI353

Asset class

RDVI: Multi-Asset
RECI: Equity

Holdings

Only in RDVI39
In both33
Only in RECI320

Only in RDVI

39 securities, 52.8% of RDVI by weight

The Travelers Companies, Inc.2.41%
Accenture plc2.41%
Visa Inc. (Class A)2.32%
The Allstate Corporation2.23%
Microsoft Corporation2.18%
Chubb Limited2.16%
Cincinnati Financial Corporation2.10%
JPMorgan Chase & Co.2.03%
Costco Wholesale Corporation2.02%
GE Vernova Inc.2.01%
The Hartford Insurance Group, Inc.1.87%
American Express Company1.85%
Williams-Sonoma, Inc.1.79%
PayPal Holdings, Inc.1.76%
Baker Hughes Company (Class A)1.75%
Aflac Incorporated1.60%
Alphabet Inc. (Class A)1.58%
Salesforce, Inc.1.57%
Cognizant Technology Solutions Corporation1.56%
Wells Fargo & Company1.50%
ResMed Inc.1.49%
Ameriprise Financial, Inc.1.40%
GE Aerospace1.31%
Everest Group, Ltd.1.20%
Booking Holdings Inc.1.11%
The PNC Financial Services Group, Inc.1.01%
Western Digital Corporation0.76%
Elevance Health Inc.0.60%
Monolithic Power Systems, Inc.0.57%
eBay Inc.0.56%
East West Bancorp, Inc.0.54%
QUALCOMM Incorporated0.50%
Garmin Ltd.0.50%
Dover Corporation0.49%
Vertiv Holdings Co (Class A)0.46%
Comfort Systems USA, Inc.0.41%
Allison Transmission Holdings, Inc.0.39%
Howmet Aerospace Inc.0.38%
Abbott Laboratories0.36%

Only in RECI

320 securities, 43.6% of RECI by weight

State Street Communication Services Select Sector Spdr Etf2.09%
Chevron Corp1.37%
Vanguard Communication Services Etf1.16%
Tjx Cos Inc/The1.11%
Altria Group Inc1.08%
Palantir Technologies Inc0.87%
Bristol-Myers Squibb Co0.84%
Starbucks Corp0.82%
Cvs Health Corp0.73%
Parker-Hannifin Corp0.65%
Elevance Health Inc0.63%
Colgate-Palmolive Co0.62%
Conocophillips0.59%
Hilton Worldwide Holdings Inc0.58%
AbbVie Inc0.57%
Fidelity Msci Communication Services Index Etf0.57%
General Motors Co0.56%
Palo Alto Networks Inc0.56%
Target Corp0.53%
General Dynamics Corp0.52%
Cigna Group/The0.50%
Newmont Corp0.49%
Nextera Energy Inc0.49%
Crowdstrike Holdings Inc0.48%
Illinois Tool Works Inc0.46%
Equinix Inc0.41%
Cummins Inc0.41%
Marsh & Mclennan Cos Inc0.38%
Fedex Corp0.38%
Becton Dickinson & Co0.38%
Comcast Corp0.37%
Ford Motor Co0.36%
Cardinal Health Inc0.36%
Phillips 660.36%
American Tower Corp0.35%
Valero Energy Corp0.35%
Arista Networks Inc0.34%
Kroger Co/The0.30%
Iqvia Holdings Inc0.30%
Accenture PLC0.30%
Illumina Inc0.29%
Rockwell Automation Inc0.28%
Sandisk Corp0.28%
Delta Air Lines Inc0.28%
Amgen Inc0.27%
Allstate Corp/The0.27%
Ferguson Enterprises Inc0.26%
Dr Horton Inc0.25%
Crh PLC0.25%
Gilead Sciences Inc0.24%

Weight gaps

All 33 Holdings in both funds, largest gap first.

Holding weights in RDVI and RECI, widest gap first
Holding	More in RDVIMore in RECI	RDVI	RECI
Apple Inc.AAPL	RECI +8.26 points	1.71%	9.97%
NVIDIA CorporationNVDA	RECI +7.33 points	1.99%	9.32%
Veralto CorporationVLTO	RDVI +2.11 points	2.26%	0.15%
Expedia Group, Inc.EXPE	RDVI +1.95 points	2.19%	0.24%
Regions Financial CorporationRF	RDVI +1.86 points	1.96%	0.10%
Synchrony FinancialSYF	RDVI +1.85 points	1.95%	0.10%
Regeneron Pharmaceuticals, Inc.REGN	RDVI +1.80 points	1.89%	0.09%
Snap-on IncorporatedSNA	RDVI +1.73 points	1.83%	0.10%
The Bank of New York Mellon CorporationBNY	RDVI +1.72 points	2.13%	0.41%
U.S. BancorpUSB	RDVI +1.70 points	2.06%	0.36%
Automatic Data Processing, Inc.ADP	RDVI +1.64 points	2.32%	0.68%
KLA CorporationKLAC	RDVI +1.62 points	1.93%	0.31%
Ross Stores, Inc.ROST	RDVI +1.56 points	2.08%	0.52%
Applied Materials, Inc.AMAT	RDVI +1.53 points	2.03%	0.50%
Lam Research CorporationLRCX	RDVI +1.43 points	1.92%	0.49%
Meta Platforms, Inc. (Class A)META	RECI +1.42 points	1.89%	3.31%
Mueller Industries, Inc.MLI	RDVI +1.21 points	1.28%	0.07%
Mastercard IncorporatedMA	RECI +1.02 points	1.07%	2.09%
Southwest Airlines Co.LUV	RDVI +0.95 points	1.06%	0.11%
Ralph Lauren CorporationRL	RDVI +0.91 points	1.01%	0.10%
The Charles Schwab CorporationSCHW	RDVI +0.76 points	1.34%	0.58%
PulteGroup, Inc.PHM	RDVI +0.68 points	0.84%	0.16%
Coca-Cola Consolidated, Inc.COKE	RDVI +0.47 points	0.57%	0.10%
Bank of America CorporationBAC	RDVI +0.47 points	1.76%	1.30%
State Street CorporationSTT	RDVI +0.44 points	0.62%	0.18%
CF Industries Holdings, Inc.CF	RDVI +0.41 points	0.49%	0.08%
Citigroup Inc.C	RECI +0.32 points	0.49%	0.81%
Cisco Systems, Inc.CSCO	RECI +0.32 points	0.49%	0.81%
Intuit Inc.INTU	RDVI +0.31 points	0.49%	0.18%
Micron Technology, Inc.MU	RDVI +0.18 points	1.91%	1.73%
Amphenol CorporationAPH	RDVI +0.15 points	0.49%	0.34%
PACCAR IncPCAR	RDVI +0.12 points	0.42%	0.30%
The Progressive CorporationPGR	RECI +0.11 points	0.44%	0.55%

All 73 RDVI holdings⁠All RECI holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

RDVI vs RECI Cost

Overpaying RDVI vs RECI

$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%
$6,149

Amount$10,000

Years30 years

Cost over time

RDVI 0.75%
RECI 0.30%
Overpaying

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

Expense ratio

0.75%RDVI
0.30%RECI, cheaper

RECI0.30%RDVI0.75%

0.30%1.64%

Middle half of Active Option Income funds
Median 0.95%

RECI cheapest of 50 funds

RDVI 14th cheapest of 50 funds

RDVI vs RECI Dividends

Last 12 months to Oct 30, 2026

Yield (12M): RDVI 8.29%; RECI No data
Payout (12M): RDVI $2.32; RECI No data
Last payment: RDVI $0.20; RECI $0.03
Ex-dividend: RDVI Oct 21, 2026; RECI Oct 1, 2026
Paid on: RDVI Oct 30, 2026; RECI Oct 5, 2026
Frequency: RDVI Monthly; RECI Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

RDVIMonthly · 46 paymentsAll RDVI payments⁠

RECIMonthly · 2 paymentsAll RECI payments⁠

RDVI vs RECI Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: RDVI 14.1%RECI No data
Return per unit of riskSharpe ratio, 3 years: RDVI 1.15RECI No data
Worst fallMax drawdown, 5 years: RDVI −18.3%since Oct 2022RECI No data
Market sensitivityBeta, 5 years: RDVI 0.87RECI 0.00; Market = 1

RDVI and RECI in the news

All news⁠

Category Review
The largest option-income fund beat the S&P 500 by selling calls on a quarter of its assets
Updated Oct 30, 2026RDVI
Category Review
The payout and the result came apart in option-income funds
Updated Sep 30, 2026RDVI

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RDVI vs RECI

In short

Stated mandate

Why people hold it

Worth knowing

How RDVI and RECI differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in RDVI

Only in RECI

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

The largest option-income fund beat the S&P 500 by selling calls on a quarter of its assets

The payout and the result came apart in option-income funds

How RDVI and RECI differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in RDVI

Only in RECI

Weight gaps