FFEB vs. RDVI

Last updated Jun 24, 2026

FFEB (FT Vest U.S. Equity Buffer ETF - February) and RDVI (FT Cboe Vest Rising Dividend Achievers Target Income ETF) are both exchange-traded funds - FFEB is a Defined Outcome fund actively managed by FT Vest, while RDVI is a Derivative Income fund tracking the NASDAQ US Rising Dividend Achievers. FFEB is actively managed, while RDVI is passively managed. Over the past 3 years, FFEB returned 15.58%/yr vs 20.19%/yr for RDVI. A 0.74 correlation means they provide meaningful diversification when combined. FFEB charges 0.85%/yr vs 0.75%/yr for RDVI.

Performance

FFEB vs. RDVI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest U.S. Equity Buffer ETF - February (FFEB) 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, FFEB achieves a 6.88% return, which is significantly lower than RDVI's 13.37% return.

FFEB

• 1D: -0.56%
• 1M: -0.17%
• YTD: 6.88%
• 6M: 6.77%
• 1Y: 17.62%
• 3Y*: 15.58%
• 5Y*: 10.75%
• 10Y*: —

RDVI

• 1D: -1.27%
• 1M: 4.66%
• YTD: 13.37%
• 6M: 11.88%
• 1Y: 28.37%
• 3Y*: 20.19%
• 5Y*: —
• 10Y*: —

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

FFEB vs. RDVI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
FFEB FT Vest U.S. Equity Buffer ETF - February	6.88%	13.76%	16.64%	19.95%	4.45%
RDVI FT Cboe Vest Rising Dividend Achievers Target Income ETF	13.37%	17.93%	14.56%	18.63%	8.29%

Correlation

The correlation between FFEB and RDVI is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.71
Correlation (All Time) Calculated using the full available price history since Oct 20, 2022	0.74

The correlation between FFEB and RDVI has been stable across timeframes, ranging from 0.71 to 0.77 - a consistent structural relationship.

FFEB vs. RDVI - Sectors Allocation Comparison

Sectors	FFEB	RDVI
Technology	39.0%	26.9%
Financial Services	11.1%	33.5%
Communication Services	10.6%	5.5%
Consumer Cyclical	9.9%	10.9%
Healthcare	8.3%	3.9%
Industrials	7.8%	13.6%
Consumer Defensive	4.5%	3.4%
Energy	3.1%	2.4%
Utilities	2.1%	1.4%
Real Estate	1.8%	-
Basic Materials	1.7%	-

Return for Risk

FFEB vs. RDVI — Risk / Return Rank

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

FFEB

FFEB Risk / Return Rank: 81
FFEB Sharpe Ratio Rank: 83
FFEB Sortino Ratio Rank: 85
FFEB Omega Ratio Rank: 86
FFEB Calmar Ratio Rank: 67
FFEB Martin Ratio Rank: 84

RDVI

RDVI Risk / Return Rank: 69
RDVI Sharpe Ratio Rank: 67
RDVI Sortino Ratio Rank: 69
RDVI Omega Ratio Rank: 64
RDVI Calmar Ratio Rank: 71
RDVI Martin Ratio Rank: 77

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.

FFEB vs. RDVI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Buffer ETF - February (FFEB) 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.

	FFEB	RDVI	Difference
Sharpe ratio: Return per unit of total volatility	2.45	2.07	+0.39
Sortino ratio: Return per unit of downside risk	3.52	2.96	+0.55
Omega ratio: Gain probability vs. loss probability	1.49	1.36	+0.12
Calmar ratio: Return relative to maximum drawdown	3.09	3.36	-0.27
Martin ratio: Return relative to average drawdown	16.18	14.17	+2.01

FFEB vs. RDVI - Sharpe Ratio Comparison

The current FFEB Sharpe Ratio is 2.45, which is comparable to the RDVI Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of FFEB 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

FFEB vs. RDVI - Drawdown Comparison

The maximum FFEB drawdown since its inception was -23.14%, which is greater than RDVI's maximum drawdown of -18.35%. Use the drawdown chart below to compare losses from any high point for FFEB and RDVI.

Drawdown Indicators

	FFEB	RDVI	Difference
Max Drawdown Largest peak-to-trough decline	-23.14%	-18.35%	-4.79%
Max Drawdown (1Y) Largest decline over 1 year	-5.73%	-8.48%	+2.75%
Max Drawdown (3Y) Largest decline over 3 years	-11.89%	-18.35%	+6.46%
Max Drawdown (5Y) Largest decline over 5 years	-13.85%	—	—
Current Drawdown Current decline from peak	-1.01%	-1.27%	+0.26%
Average Drawdown Average peak-to-trough decline	-2.41%	-3.14%	+0.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.09%	2.01%	-0.92%

Volatility

FFEB vs. RDVI - Volatility Comparison

The current volatility for FT Vest U.S. Equity Buffer ETF - February (FFEB) is 2.27%, while FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) has a volatility of 4.92%. This indicates that FFEB experiences smaller price fluctuations and is considered to be less risky than RDVI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FFEB	RDVI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.27%	4.92%	-2.65%
Volatility (6M) Calculated over the trailing 6-month period	5.91%	11.11%	-5.20%
Volatility (1Y) Calculated over the trailing 1-year period	7.26%	13.82%	-6.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.83%	16.95%	-6.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.72%	16.95%	-3.23%

FFEB vs. RDVI - Expense Ratio Comparison

FFEB has a 0.85% expense ratio, which is higher than RDVI's 0.75% expense ratio.

Dividends

FFEB vs. RDVI - Dividend Comparison

FFEB has not paid dividends to shareholders, while RDVI's dividend yield for the trailing twelve months is around 7.66%.

Position	TTM	2025	2024	2023	2022
FFEB FT Vest U.S. Equity Buffer ETF - February	0.00%	0.00%	0.00%	0.00%	0.00%
RDVI FT Cboe Vest Rising Dividend Achievers Target Income ETF	7.66%	8.10%	8.62%	8.45%	1.53%

Frequently Asked Questions

Can I hold both FFEB and RDVI in my portfolio?

FFEB and RDVI have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FFEB or RDVI?

RDVI has higher volatility (4.92%) compared to FFEB (2.27%). In terms of maximum drawdown, FFEB dropped -23.14% vs RDVI's -18.35%.

Which ETF is better, FFEB or RDVI?

On 3-year performance, RDVI leads with 20.19% vs 15.58% for FFEB. On fees, RDVI is cheaper at 0.75% per year. On volatility, FFEB has been the lower-risk option at 2.27%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FFEB or RDVI?

Over the 3-year period, RDVI has performed better with a 20.19% return vs 15.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FFEB or RDVI?

RDVI is cheaper with a 0.75% expense ratio, compared with 0.85% for FFEB.

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

RDVI has the higher dividend yield at 7.66%, compared with 0.00% for FFEB.

What is the main difference between FFEB and RDVI?

FFEB is categorized as Defined Outcome, while RDVI is Derivative Income. Their fees differ too: 0.85% for FFEB and 0.75% for RDVI.

Which has better risk-adjusted returns?

FFEB currently has the higher Sharpe Ratio (2.45 vs 2.07), 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.