FTXO vs. RDVY

Last updated Aug 4, 2026

FTXO (First Trust Nasdaq Bank ETF) and RDVY (First Trust Rising Dividend Achievers ETF) are both exchange-traded funds - FTXO is a Financials Equities fund tracking the NASDAQ US Banks Index, while RDVY is a Dividend fund tracking the Nasdaq US Rising Dividend Achievers Index. Both are passively managed. Over the past 5 years, FTXO returned 9.98%/yr vs 13.07%/yr for RDVY. Their correlation of 0.80 means they have usually moved in the same direction. FTXO charges 0.60%/yr vs 0.47%/yr for RDVY.

Performance

FTXO vs. RDVY - Performance Comparison

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

Returns By Period

In the year-to-date period, FTXO achieves a 14.33% return, which is significantly lower than RDVY's 18.21% return.

FTXO

• 1D: 1.06%
• 1M: 2.57%
• 6M: 10.02%
• YTD: 14.33%
• 1Y: 32.83%
• 3Y*: 25.20%
• 5Y*: 9.98%
• 10Y*: —
• ALL TIME*: 10.45%

RDVY

• 1D: 0.81%
• 1M: 2.01%
• 6M: 12.29%
• YTD: 18.21%
• 1Y: 31.80%
• 3Y*: 20.39%
• 5Y*: 13.07%
• 10Y*: 16.08%
• ALL TIME*: 13.82%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FTXO First Trust Nasdaq Bank ETF	$3.52M	$3.64M	$3.99M
RDVY First Trust Rising Dividend Achievers ETF	$79.27M	$78.43M	$84.11M

FTXO vs. RDVY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTXO First Trust Nasdaq Bank ETF	14.33%	21.32%	29.05%	0.05%	-17.93%	40.53%	-12.53%	30.11%	-21.79%	14.25%
RDVY First Trust Rising Dividend Achievers ETF	18.21%	18.90%	16.41%	20.38%	-13.27%	31.14%	13.47%	37.71%	-9.92%	22.75%

Correlation

The correlation between FTXO and RDVY is 0.68, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.68
Correlation (3Y) Balances recent behavior with more history.	0.77
Correlation (5Y) Shows whether the relationship held over a longer period.	0.82
Correlation (All Time) Calculated using the full available price history since Oct 7, 2016	0.80

The correlation between FTXO and RDVY shifts across timeframes, from 0.68 (1 year) to 0.82 (5 years), reflecting how their relationship changes across market environments.

FTXO vs. RDVY - Sectors Allocation Comparison

Sectors	FTXO	RDVY
Financial Services	100.0%	38.9%
Technology	0.4%	19.4%
Basic Materials	-	-
Communication Services	-	4.2%
Consumer Cyclical	-	11.1%
Consumer Defensive	-	2.8%
Energy	-	2.8%
Healthcare	-	5.6%
Industrials	-	12.5%
Real Estate	-	-
Utilities	-	1.4%

Return for Risk

FTXO vs. RDVY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FTXO

FTXO Risk / Return Rank: 58
FTXO Sharpe Ratio Rank: 66
FTXO Sortino Ratio Rank: 61
FTXO Omega Ratio Rank: 62
FTXO Calmar Ratio Rank: 53
FTXO Martin Ratio Rank: 47

RDVY

RDVY Risk / Return Rank: 88
RDVY Sharpe Ratio Rank: 88
RDVY Sortino Ratio Rank: 89
RDVY Omega Ratio Rank: 85
RDVY Calmar Ratio Rank: 87
RDVY Martin Ratio Rank: 90

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FTXO vs. RDVY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Bank ETF (FTXO) 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.

	FTXO	RDVY	Difference
Sharpe ratio: Return per unit of total volatility	1.59	2.19	-0.59
Sortino ratio: Return per unit of downside risk	2.16	3.10	-0.94
Omega ratio: Gain probability vs. loss probability	1.28	1.38	-0.09
Calmar ratio: Return relative to maximum drawdown	1.98	3.54	-1.56
Martin ratio: Return relative to average drawdown	5.53	14.83	-9.30

FTXO vs. RDVY - Sharpe Ratio Comparison

The current FTXO Sharpe Ratio is 1.59, which is comparable to the RDVY Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of FTXO 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

FTXO vs. RDVY - Drawdown Comparison

The maximum FTXO drawdown since its inception was -55.26%, which is greater than RDVY's maximum drawdown of -40.60%. Use the drawdown chart below to compare losses from any high point for FTXO and RDVY.

Drawdown Indicators

	FTXO	RDVY	Difference
Max Drawdown Largest peak-to-trough decline	-55.26%	-40.60%	-14.66%
Max Drawdown (1Y) Largest decline over 1 year	-16.69%	-9.04%	-7.65%
Max Drawdown (3Y) Largest decline over 3 years	-25.84%	-19.11%	-6.73%
Max Drawdown (5Y) Largest decline over 5 years	-46.55%	-25.32%	-21.23%
Max Drawdown (10Y) Largest decline over 10 years	—	-40.60%	—
Current Drawdown Current decline from peak	-0.40%	0.00%	-0.40%
Average Drawdown Average peak-to-trough decline	-15.63%	-4.95%	-10.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.95%	2.15%	+3.80%

Volatility

FTXO vs. RDVY - Volatility Comparison

First Trust Nasdaq Bank ETF (FTXO) has a higher volatility of 5.23% compared to First Trust Rising Dividend Achievers ETF (RDVY) at 3.55%. This indicates that FTXO's price experiences larger fluctuations and is considered to be riskier than RDVY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTXO	RDVY	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.23%	3.55%	+1.68%
Volatility (6M) Calculated over the trailing 6-month period	15.53%	11.40%	+4.13%
Volatility (1Y) Calculated over the trailing 1-year period	20.73%	14.64%	+6.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.69%	18.93%	+7.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.83%	21.03%	+8.80%

FTXO vs. RDVY - Expense Ratio Comparison

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

Dividends

FTXO vs. RDVY - Dividend Comparison

FTXO's dividend yield for the trailing twelve months is around 1.70%, more than RDVY's 0.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTXO First Trust Nasdaq Bank ETF	1.70%	1.92%	2.18%	3.20%	2.94%	1.64%	2.74%	2.53%	3.51%	1.09%	0.16%	0.00%
RDVY First Trust Rising Dividend Achievers ETF	0.83%	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 FTXO and RDVY in my portfolio?

FTXO and RDVY have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTXO or RDVY?

FTXO has higher volatility (5.23%) compared to RDVY (3.55%). In terms of maximum drawdown, FTXO dropped -55.26% vs RDVY's -40.60%.

Which ETF is better, FTXO or RDVY?

On 5-year performance, RDVY leads with 13.07% vs 9.98% for FTXO. On fees, RDVY is cheaper at 0.47% per year. On volatility, RDVY has been the lower-risk option at 3.55%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FTXO or RDVY?

Over the 5-year period, RDVY has performed better with a 13.07% return vs 9.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FTXO or RDVY?

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

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

FTXO has the higher dividend yield at 1.70%, compared with 0.83% for RDVY.

What is the main difference between FTXO and RDVY?

FTXO is categorized as Financials Equities, while RDVY is Dividend. FTXO tracks NASDAQ US Banks Index, while RDVY tracks Nasdaq US Rising Dividend Achievers Index. Their fees differ too: 0.60% for FTXO and 0.47% for RDVY.

Which has better risk-adjusted returns?

RDVY currently has the higher Sharpe Ratio (2.19 vs 1.59), 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.