AMZA vs. RDVI

Last updated Jun 14, 2026

AMZA (InfraCap MLP ETF) and RDVI (FT Cboe Vest Rising Dividend Achievers Target Income ETF) are both exchange-traded funds - AMZA is a MLPs fund actively managed by Virtus Investment Partners, while RDVI is a Derivative Income fund tracking the NASDAQ US Rising Dividend Achievers. AMZA is actively managed, while RDVI is passively managed. Over the past 3 years, AMZA returned 22.25%/yr vs 18.87%/yr for RDVI. At a 0.44 correlation, their price movements are largely independent. AMZA charges 2.01%/yr vs 0.75%/yr for RDVI.

Performance

AMZA vs. RDVI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in InfraCap MLP ETF (AMZA) and FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMZA achieves a 21.82% return, which is significantly higher than RDVI's 13.14% return.

AMZA

• 1D: 0.59%
• 1M: -3.43%
• YTD: 21.82%
• 6M: 21.02%
• 1Y: 15.58%
• 3Y*: 22.25%
• 5Y*: 17.67%
• 10Y*: 5.17%

RDVI

• 1D: 1.06%
• 1M: 6.73%
• YTD: 13.14%
• 6M: 12.37%
• 1Y: 29.70%
• 3Y*: 18.87%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AMZA vs. RDVI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AMZA InfraCap MLP ETF	21.82%	0.17%	30.90%	23.35%	1.09%
RDVI FT Cboe Vest Rising Dividend Achievers Target Income ETF	13.14%	17.93%	14.56%	18.63%	8.29%

Correlation

The correlation between AMZA and RDVI is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (All Time) Calculated using the full available price history since Oct 20, 2022	0.44

Over the past year, the correlation between AMZA and RDVI has dropped to 0.12 - well below their long-term average of 0.44, suggesting their price drivers have been diverging.

AMZA vs. RDVI - Sectors Allocation Comparison

Sectors	AMZA	RDVI
Energy	99.8%	2.4%
Utilities	0.2%	1.4%
Basic Materials	-	-
Communication Services	-	5.5%
Consumer Cyclical	-	10.9%
Consumer Defensive	-	3.4%
Financial Services	-	33.5%
Healthcare	-	3.9%
Industrials	-	13.6%
Real Estate	-	-
Technology	-	26.9%

Return for Risk

AMZA vs. RDVI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AMZA

AMZA Risk / Return Rank: 28
AMZA Sharpe Ratio Rank: 28
AMZA Sortino Ratio Rank: 27
AMZA Omega Ratio Rank: 26
AMZA Calmar Ratio Rank: 30
AMZA Martin Ratio Rank: 27

RDVI

RDVI Risk / Return Rank: 76
RDVI Sharpe Ratio Rank: 74
RDVI Sortino Ratio Rank: 77
RDVI Omega Ratio Rank: 72
RDVI Calmar Ratio Rank: 75
RDVI Martin Ratio Rank: 82

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMZA vs. RDVI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for InfraCap MLP ETF (AMZA) and FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AMZA	RDVI	Difference
Sharpe ratio: Return per unit of total volatility	0.89	2.07	-1.18
Sortino ratio: Return per unit of downside risk	1.33	2.97	-1.64
Omega ratio: Gain probability vs. loss probability	1.16	1.37	-0.21
Calmar ratio: Return relative to maximum drawdown	1.30	3.36	-2.06
Martin ratio: Return relative to average drawdown	3.23	14.17	-10.95

AMZA vs. RDVI - Sharpe Ratio Comparison

The current AMZA Sharpe Ratio is 0.89, which is lower than the RDVI Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of AMZA and RDVI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AMZA vs. RDVI - Drawdown Comparison

The maximum AMZA drawdown since its inception was -91.46%, which is greater than RDVI's maximum drawdown of -18.35%. Use the drawdown chart below to compare losses from any high point for AMZA and RDVI.

Drawdown Indicators

	AMZA	RDVI	Difference
Max Drawdown Largest peak-to-trough decline	-91.46%	-18.35%	-73.11%
Max Drawdown (1Y) Largest decline over 1 year	-12.16%	-8.48%	-3.68%
Max Drawdown (3Y) Largest decline over 3 years	-18.56%	-18.35%	-0.21%
Max Drawdown (5Y) Largest decline over 5 years	-25.15%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-86.84%	—	—
Current Drawdown Current decline from peak	-10.48%	0.00%	-10.48%
Average Drawdown Average peak-to-trough decline	-44.92%	-3.15%	-41.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.87%	2.01%	+2.86%

Volatility

AMZA vs. RDVI - Volatility Comparison

InfraCap MLP ETF (AMZA) has a higher volatility of 5.43% compared to FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) at 4.89%. This indicates that AMZA's price experiences larger fluctuations and is considered to be riskier than RDVI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMZA	RDVI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.43%	4.89%	+0.54%
Volatility (6M) Calculated over the trailing 6-month period	13.60%	11.07%	+2.53%
Volatility (1Y) Calculated over the trailing 1-year period	17.72%	13.78%	+3.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.84%	16.98%	+8.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.21%	16.98%	+20.23%

AMZA vs. RDVI - Expense Ratio Comparison

AMZA has a 2.01% expense ratio, which is higher than RDVI's 0.75% expense ratio.

Dividends

AMZA vs. RDVI - Dividend Comparison

AMZA's dividend yield for the trailing twelve months is around 8.05%, more than RDVI's 7.68% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AMZA InfraCap MLP ETF	8.05%	8.81%	7.29%	9.40%	7.65%	10.24%	22.13%	19.47%	34.46%	24.16%	18.36%	18.21%
RDVI FT Cboe Vest Rising Dividend Achievers Target Income ETF	7.68%	8.10%	8.62%	8.45%	1.53%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AMZA and RDVI in my portfolio?

AMZA and RDVI have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AMZA or RDVI?

AMZA has higher volatility (5.43%) compared to RDVI (4.89%). In terms of maximum drawdown, AMZA dropped -91.46% vs RDVI's -18.35%.

Which ETF is better, AMZA or RDVI?

On 3-year performance, AMZA leads with 22.25% vs 18.87% for RDVI. On fees, RDVI is cheaper at 0.75% per year. On volatility, RDVI has been the lower-risk option at 4.89%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AMZA or RDVI?

Over the 3-year period, AMZA has performed better with a 22.25% return vs 18.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AMZA or RDVI?

RDVI is cheaper with a 0.75% expense ratio, compared with 2.01% for AMZA.

Which ETF pays a higher dividend yield, AMZA or RDVI?

AMZA has the higher dividend yield at 8.05%, compared with 7.68% for RDVI.

What is the main difference between AMZA and RDVI?

AMZA is categorized as MLPs, while RDVI is Derivative Income. They also come from different issuers: Virtus Investment Partners and FT Vest. Their fees differ too: 2.01% for AMZA and 0.75% for RDVI.

Which has better risk-adjusted returns?

RDVI currently has the higher Sharpe Ratio (2.07 vs 0.89), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.