FTA vs. RDVY

Last updated Jul 14, 2026

FTA (First Trust Large Cap Value AlphaDEX Fund) and RDVY (First Trust Rising Dividend Achievers ETF) are both exchange-traded funds - FTA is a Large Cap Value Equities fund tracking the NASDAQ AlphaDEX Large Cap Value Index, while RDVY is a Dividend fund tracking the Nasdaq US Rising Dividend Achievers Index. Both are passively managed. Over the past 10 years, FTA returned 11.26%/yr vs 16.02%/yr for RDVY. Their correlation of 0.88 suggests significant overlap in exposure. FTA charges 0.60%/yr vs 0.47%/yr for RDVY.

Performance

FTA vs. RDVY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Large Cap Value AlphaDEX Fund (FTA) and First Trust Rising Dividend Achievers ETF (RDVY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with FTA having a 15.56% return and RDVY slightly lower at 15.31%. Over the past 10 years, FTA has underperformed RDVY with an annualized return of 11.26%, while RDVY has yielded a comparatively higher 16.02% annualized return.

FTA

• 1D: 0.75%
• 1M: 1.78%
• 6M: 12.39%
• YTD: 15.56%
• 1Y: 24.95%
• 3Y*: 15.59%
• 5Y*: 10.79%
• 10Y*: 11.26%

RDVY

• 1D: -0.68%
• 1M: 1.68%
• 6M: 10.39%
• YTD: 15.31%
• 1Y: 27.24%
• 3Y*: 20.28%
• 5Y*: 12.54%
• 10Y*: 16.02%

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

FTA vs. RDVY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTA First Trust Large Cap Value AlphaDEX Fund	15.56%	14.94%	10.13%	10.08%	-3.73%	29.32%	-0.38%	24.73%	-13.63%	18.47%
RDVY First Trust Rising Dividend Achievers ETF	15.31%	18.90%	16.41%	20.38%	-13.27%	31.14%	13.47%	37.71%	-9.92%	22.75%

Correlation

The correlation between FTA and RDVY is 0.61, 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	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (10Y) Calculated over the trailing 10-year period	0.90
Correlation (All Time) Calculated using the full available price history since Jan 7, 2014	0.88

Over the past year, the correlation between FTA and RDVY has dropped to 0.61 - well below their long-term average of 0.88, suggesting their price drivers have been diverging.

FTA vs. RDVY - Sectors Allocation Comparison

Sectors	FTA	RDVY
Financial Services	21.9%	33.5%
Utilities	10.8%	1.4%
Energy	9.8%	2.4%
Healthcare	9.7%	3.9%
Consumer Cyclical	9.0%	10.9%
Technology	8.8%	26.9%
Industrials	8.5%	13.6%
Real Estate	6.6%	-
Consumer Defensive	6.4%	3.4%
Communication Services	5.0%	5.5%
Basic Materials	3.4%	-

Return for Risk

FTA vs. RDVY — Risk / Return Rank

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

FTA

FTA Risk / Return Rank: 86
FTA Sharpe Ratio Rank: 85
FTA Sortino Ratio Rank: 87
FTA Omega Ratio Rank: 79
FTA Calmar Ratio Rank: 92
FTA Martin Ratio Rank: 89

RDVY

RDVY Risk / Return Rank: 75
RDVY Sharpe Ratio Rank: 74
RDVY Sortino Ratio Rank: 76
RDVY Omega Ratio Rank: 69
RDVY Calmar Ratio Rank: 74
RDVY 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.

FTA vs. RDVY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Large Cap Value AlphaDEX Fund (FTA) and First Trust Rising Dividend Achievers ETF (RDVY). 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.

	FTA	RDVY	Difference
Sharpe ratio: Return per unit of total volatility	2.15	1.87	+0.28
Sortino ratio: Return per unit of downside risk	3.14	2.69	+0.45
Omega ratio: Gain probability vs. loss probability	1.37	1.32	+0.05
Calmar ratio: Return relative to maximum drawdown	4.88	3.03	+1.85
Martin ratio: Return relative to average drawdown	15.50	12.68	+2.82

FTA vs. RDVY - Sharpe Ratio Comparison

The current FTA Sharpe Ratio is 2.15, which is comparable to the RDVY Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of FTA and RDVY, 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

FTA vs. RDVY - Drawdown Comparison

The maximum FTA drawdown since its inception was -62.45%, which is greater than RDVY's maximum drawdown of -40.60%. Use the drawdown chart below to compare losses from any high point for FTA and RDVY.

Drawdown Indicators

	FTA	RDVY	Difference
Max Drawdown Largest peak-to-trough decline	-62.45%	-40.60%	-21.85%
Max Drawdown (1Y) Largest decline over 1 year	-5.13%	-9.04%	+3.91%
Max Drawdown (3Y) Largest decline over 3 years	-18.73%	-19.11%	+0.38%
Max Drawdown (5Y) Largest decline over 5 years	-19.80%	-25.32%	+5.52%
Max Drawdown (10Y) Largest decline over 10 years	-44.97%	-40.60%	-4.37%
Current Drawdown Current decline from peak	0.00%	-1.62%	+1.62%
Average Drawdown Average peak-to-trough decline	-8.99%	-4.97%	-4.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.62%	2.15%	-0.53%

Volatility

FTA vs. RDVY - Volatility Comparison

The current volatility for First Trust Large Cap Value AlphaDEX Fund (FTA) is 3.67%, while First Trust Rising Dividend Achievers ETF (RDVY) has a volatility of 4.81%. This indicates that FTA experiences smaller price fluctuations and is considered to be less risky than RDVY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTA	RDVY	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.67%	4.81%	-1.14%
Volatility (6M) Calculated over the trailing 6-month period	7.70%	11.59%	-3.89%
Volatility (1Y) Calculated over the trailing 1-year period	11.70%	14.67%	-2.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.24%	18.96%	-2.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.84%	21.03%	-1.19%

FTA vs. RDVY - Expense Ratio Comparison

FTA has a 0.60% expense ratio, which is higher than RDVY's 0.47% expense ratio.

Dividends

FTA vs. RDVY - Dividend Comparison

FTA's dividend yield for the trailing twelve months is around 1.64%, more than RDVY's 0.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTA First Trust Large Cap Value AlphaDEX Fund	1.64%	1.89%	2.02%	2.10%	2.15%	1.54%	2.03%	1.88%	2.28%	1.53%	1.56%	2.05%
RDVY First Trust Rising Dividend Achievers ETF	0.85%	1.11%	1.64%	2.09%	2.21%	1.04%	1.53%	1.55%	1.68%	1.25%	2.07%	2.14%

Frequently Asked Questions

Can I hold both FTA and RDVY in my portfolio?

FTA and RDVY have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTA or RDVY?

RDVY has higher volatility (4.81%) compared to FTA (3.67%). In terms of maximum drawdown, FTA dropped -62.45% vs RDVY's -40.60%.

Which ETF is better, FTA or RDVY?

On 10-year performance, RDVY leads with 16.02% vs 11.26% for FTA. On fees, RDVY is cheaper at 0.47% per year. On volatility, FTA has been the lower-risk option at 3.67%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FTA or RDVY?

Over the 10-year period, RDVY has performed better with a 16.02% return vs 11.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FTA or RDVY?

RDVY is cheaper with a 0.47% expense ratio, compared with 0.60% for FTA.

Which ETF pays a higher dividend yield, FTA or RDVY?

FTA has the higher dividend yield at 1.64%, compared with 0.85% for RDVY.

What is the main difference between FTA and RDVY?

FTA is categorized as Large Cap Value Equities, while RDVY is Dividend. FTA tracks NASDAQ AlphaDEX Large Cap Value Index, while RDVY tracks Nasdaq US Rising Dividend Achievers Index. Their fees differ too: 0.60% for FTA and 0.47% for RDVY.

Which has better risk-adjusted returns?

FTA currently has the higher Sharpe Ratio (2.15 vs 1.87), 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.