FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI)
RDVI is a passive ETF by FT Vest tracking the investment results of the NASDAQ US Rising Dividend Achievers. RDVI launched on Oct 19, 2022 and has a 0.75% expense ratio.
ETF Info
| Issuer | FT Vest |
|---|---|
| Inception Date | Oct 19, 2022 |
| Category | Derivative Income |
| Leveraged | 1x |
| Index Tracked | NASDAQ US Rising Dividend Achievers |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Value |
Expense Ratio
RDVI features an expense ratio of 0.75%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: RDVI vs. BALI, RDVI vs. PAPI, RDVI vs. JEPI, RDVI vs. SCHD, RDVI vs. DGRO, RDVI vs. FTHI, RDVI vs. BXSL, RDVI vs. JEPQ, RDVI vs. BRK-B, RDVI vs. JPST
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in FT Cboe Vest Rising Dividend Achievers Target Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
FT Cboe Vest Rising Dividend Achievers Target Income ETF had a return of 21.32% year-to-date (YTD) and 37.07% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 21.32% | 25.45% |
| 1 month | 4.76% | 2.91% |
| 6 months | 13.68% | 14.05% |
| 1 year | 37.07% | 35.64% |
| 5 years (annualized) | N/A | 14.13% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of RDVI, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.89% | 2.51% | 6.69% | -4.87% | 3.34% | -0.71% | 6.63% | 0.32% | 0.69% | -0.04% | 21.32% | ||
| 2023 | 8.82% | -3.17% | -2.09% | 0.91% | -3.00% | 6.93% | 4.73% | -3.27% | -3.19% | -3.58% | 8.33% | 7.25% | 18.63% |
| 2022 | 7.90% | 7.54% | -5.29% | 9.91% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of RDVI is 76, placing it in the top 24% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
FT Cboe Vest Rising Dividend Achievers Target Income ETF provided a 7.88% dividend yield over the last twelve months, with an annual payout of $2.05 per share.
| Period | TTM | 2023 | 2022 |
|---|---|---|---|
| Dividend | $2.05 | $1.95 | $0.33 |
Dividend yield | 7.88% | 8.45% | 1.53% |
Monthly Dividends
The table displays the monthly dividend distributions for FT Cboe Vest Rising Dividend Achievers Target Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.16 | $0.17 | $0.17 | $0.17 | $0.17 | $0.17 | $0.18 | $0.17 | $0.18 | $0.18 | $0.00 | $1.73 | |
| 2023 | $0.16 | $0.17 | $0.16 | $0.17 | $0.16 | $0.16 | $0.17 | $0.16 | $0.16 | $0.15 | $0.16 | $0.17 | $1.95 |
| 2022 | $0.17 | $0.16 | $0.33 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the FT Cboe Vest Rising Dividend Achievers Target Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the FT Cboe Vest Rising Dividend Achievers Target Income ETF was 12.56%, occurring on Mar 15, 2023. Recovery took 84 trading sessions.
The current FT Cboe Vest Rising Dividend Achievers Target Income ETF drawdown is 0.76%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -12.56% | Feb 3, 2023 | 28 | Mar 15, 2023 | 84 | Jul 18, 2023 | 112 |
| -11.1% | Aug 1, 2023 | 63 | Oct 27, 2023 | 32 | Dec 13, 2023 | 95 |
| -7.88% | Aug 1, 2024 | 3 | Aug 5, 2024 | 19 | Aug 30, 2024 | 22 |
| -6.67% | Dec 1, 2022 | 19 | Dec 28, 2022 | 11 | Jan 13, 2023 | 30 |
| -5.19% | Apr 1, 2024 | 13 | Apr 17, 2024 | 60 | Jul 15, 2024 | 73 |
Volatility
Volatility Chart
The current FT Cboe Vest Rising Dividend Achievers Target Income ETF volatility is 7.02%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.