FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with RDVI. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RDVI
RDVI charges 0.75% annually. There are 90 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Equity Plus ETF | 0.10% | 29.28M | Nov 2024 | RDVI vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 324.77M | Mar 2024 | RDVI vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 45.73M | Sep 2024 | RDVI vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | RDVI vs FYEE | |
| Invesco S&P 500 BuyWrite ETF | 0.29% | 352.13M | Dec 2007 | RDVI vs PBP |
Best Risk-Adjusted Alternatives to RDVI
RDVI has a PortfoliosLab risk / return rank of 82. There are 19 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 96 | 474.96M | Oct 2022 | RDVI vs BUCK | |
| SoFi Enhanced Yield ETF | 96 | 34.73M | Nov 2023 | RDVI vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 94 | 246.95M | Jul 2023 | RDVI vs GOOY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 94 | 1.16B | Apr 2025 | RDVI vs CHPY | |
| First Trust Nasdaq BuyWrite Income ETF | 92 | 938.31M | Jan 2014 | RDVI vs FTQI |
Top Performing RDVI Alternatives (YTD)
RDVI is at 15.38% YTD. There are 33 ETFs in the Derivative Income category with higher YTD returns, going as high as 182.49%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 182.49% | 27.86M | Oct 2025 | RDVI vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 181.24% | 116.76M | Jul 2025 | RDVI vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 107.90% | 443.39M | Sep 2023 | RDVI vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 93.46% | 127.56M | Oct 2023 | RDVI vs MRNY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 70.62% | 1.16B | Apr 2025 | RDVI vs CHPY |
Lowest Volatility Alternatives to RDVI
RDVI has 13.96% 1-year volatility. There are 98 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.80%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.80% | 474.96M | Oct 2022 | RDVI vs BUCK | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.41% | 206.17M | Apr 2026 | RDVI vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.86% | 88.48M | Feb 2025 | RDVI vs HYTI | |
| Main Buywrite ETF | 4.85% | 1.26B | Dec 2015 | RDVI vs BUYW | |
| GraniteShares YieldBOOST 20Y+ Treasuries ETF | 5.00% | 726.94K | May 2026 | RDVI vs FIYY |
Lowest Drawdown Alternatives to RDVI
RDVI has a 1-year max drawdown of -8.48%. There are 61 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -0.84% | 474.96M | Oct 2022 | RDVI vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 88.48M | Feb 2025 | RDVI vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.26B | Dec 2015 | RDVI vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | RDVI vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | RDVI vs OMAH |
Other ETFs from FT Vest
The 10 most viewed FT Vest ETFs shown here include BGLD, BUFQ, BUFD and span 7 categories. AUM among these funds goes as high as $2B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| FT Vest Gold Strategy Quarterly Buffer ETF | Defined Outcome, Gold, Precious Metals | 20 | -4.15% | 51.07M | Jan 2021 | RDVI vs BGLD | |
| FT Vest Laddered Nasdaq Buffer ETF | Nasdaq-100, Options Trading | 82 | 9.12% | 1.52B | Jun 2022 | RDVI vs BUFQ | |
| FT Vest Laddered Deep Buffer ETF | Defined Outcome | 90 | 5.91% | 1.93B | Jan 2021 | RDVI vs BUFD | |
| FT Vest U.S. Equity Buffer ETF - October | Defined Outcome | 84 | 7.70% | 1.16B | Oct 2020 | RDVI vs FOCT | |
| FT Cboe Vest U.S. Equity Buffer ETF - September | Options Trading | 79 | 7.74% | 1.22B | Sep 2020 | RDVI vs FSEP | |
| FT Vest Dow Jones Internet & Target Income ETF | Technology Equities | 10 | 1.58% | — | Mar 2024 | RDVI vs FDND | |
| FT Vest DJIA Dogs 10 Target Income ETF | Derivative Income | 56 | 8.25% | 77.70M | Apr 2023 | RDVI vs DOGG | |
| FT Vest U.S. Equity Buffer ETF - February | Defined Outcome | 86 | 8.55% | 1.38B | Feb 2020 | RDVI vs FFEB | |
| FT Vest U.S. Equity Deep Buffer ETF - December | Defined Outcome | 88 | 5.80% | 429.01M | Dec 2020 | RDVI vs DDEC | |
| FT Cboe Vest U.S. Equity Moderate Buffer ETF - Mar... | Options Trading | 97 | 8.67% | 395.71M | Mar 2023 | RDVI vs GMAR |
Often Compared With RDVI
Investors most often compare RDVI with BALI, JEPI, JEPQ. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare RDVI with Any Fund or Stock
Compare RDVI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RDVI with funds that move differently
FT Cboe Vest Rising Dividend Achievers Target Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RDVI.
Explore RDVI Diversifiers