RDVI vs. BALI

Last updated Jun 4, 2026

RDVI (FT Cboe Vest Rising Dividend Achievers Target Income ETF) and BALI (Blackrock Advantage Large Cap Income ETF) are both Derivative Income funds. RDVI is passively managed, while BALI is actively managed. Over the past year, RDVI returned 24.98% vs 26.38% for BALI. A 0.70 correlation means they provide meaningful diversification when combined. RDVI charges 0.75%/yr vs 0.35%/yr for BALI.

Performance

RDVI vs. BALI - Performance Comparison

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

Returns By Period

In the year-to-date period, RDVI achieves a 9.43% return, which is significantly lower than BALI's 11.22% return.

RDVI

• 1D: 0.07%
• 1M: 2.77%
• YTD: 9.43%
• 6M: 10.61%
• 1Y: 24.98%
• 3Y*: 18.62%
• 5Y*: —
• 10Y*: —

BALI

• 1D: -0.41%
• 1M: 4.44%
• YTD: 11.22%
• 6M: 11.78%
• 1Y: 26.38%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RDVI vs. BALI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
RDVI FT Cboe Vest Rising Dividend Achievers Target Income ETF	9.43%	17.93%	14.56%	11.70%
BALI Blackrock Advantage Large Cap Income ETF	11.22%	14.51%	22.38%	9.52%

Correlation

The correlation between RDVI and BALI is 0.74, 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	0.74
Correlation (All Time) Calculated using the full available price history since Sep 29, 2023	0.70

The correlation between RDVI and BALI has been stable across timeframes, ranging from 0.70 to 0.74 - a consistent structural relationship.

RDVI vs. BALI - Sectors Allocation Comparison

Sectors	RDVI	BALI
Financial Services	36.5%	9.0%
Technology	17.6%	35.0%
Consumer Cyclical	12.2%	10.2%
Industrials	12.2%	8.0%
Healthcare	8.1%	9.4%
Communication Services	5.4%	10.6%
Consumer Defensive	4.1%	6.1%
Energy	1.4%	4.3%
Utilities	1.4%	1.9%
Basic Materials	-	1.4%
Real Estate	-	0.9%

Return for Risk

RDVI vs. BALI — Risk / Return Rank

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

RDVI

RDVI Risk / Return Rank: 58
RDVI Sharpe Ratio Rank: 55
RDVI Sortino Ratio Rank: 57
RDVI Omega Ratio Rank: 54
RDVI Calmar Ratio Rank: 59
RDVI Martin Ratio Rank: 67

BALI

BALI Risk / Return Rank: 82
BALI Sharpe Ratio Rank: 81
BALI Sortino Ratio Rank: 81
BALI Omega Ratio Rank: 81
BALI Calmar Ratio Rank: 77
BALI Martin Ratio Rank: 88

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.

RDVI vs. BALI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) and Blackrock Advantage Large Cap Income ETF (BALI). 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.

	RDVI	BALI	Difference
Sharpe ratio Return per unit of total volatility	1.89	2.67	-0.78
Sortino ratio Return per unit of downside risk	2.74	3.72	-0.98
Omega ratio Gain probability vs. loss probability	1.34	1.50	-0.16
Calmar ratio Return relative to maximum drawdown	2.96	3.95	-0.99
Martin ratio Return relative to average drawdown	12.48	19.71	-7.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RDVI vs. BALI - Sharpe Ratio Comparison

The current RDVI Sharpe Ratio is 1.89, which is comparable to the BALI Sharpe Ratio of 2.67. The chart below compares the historical Sharpe Ratios of RDVI and BALI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RDVI	BALI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.89	2.67	-0.78
Sharpe Ratio (All Time) Calculated using the full available price history	1.19	1.72	-0.54

Drawdowns

RDVI vs. BALI - Drawdown Comparison

The maximum RDVI drawdown since its inception was -18.35%, which is greater than BALI's maximum drawdown of -16.65%. Use the drawdown chart below to compare losses from any high point for RDVI and BALI.

Drawdown Indicators

	RDVI	BALI	Difference
Max Drawdown Largest peak-to-trough decline	-18.35%	-16.65%	-1.70%
Max Drawdown (1Y) Largest decline over 1 year	-8.48%	-6.71%	-1.77%
Max Drawdown (3Y) Largest decline over 3 years	-18.35%	—	—
Current Drawdown Current decline from peak	-0.43%	-0.41%	-0.02%
Average Drawdown Average peak-to-trough decline	-3.17%	-1.63%	-1.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.01%	1.34%	+0.67%

Volatility

RDVI vs. BALI - Volatility Comparison

FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) has a higher volatility of 3.66% compared to Blackrock Advantage Large Cap Income ETF (BALI) at 1.95%. This indicates that RDVI's price experiences larger fluctuations and is considered to be riskier than BALI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RDVI	BALI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.66%	1.95%	+1.71%
Volatility (6M) Calculated over the trailing 6-month period	10.50%	7.47%	+3.03%
Volatility (1Y) Calculated over the trailing 1-year period	13.27%	9.91%	+3.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.91%	12.93%	+3.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.91%	12.93%	+3.98%

RDVI vs. BALI - Expense Ratio Comparison

RDVI has a 0.75% expense ratio, which is higher than BALI's 0.35% expense ratio.

Dividends

RDVI vs. BALI - Dividend Comparison

RDVI's dividend yield for the trailing twelve months is around 7.94%, more than BALI's 7.66% yield.

Position	TTM	2025	2024	2023	2022
BALI Blackrock Advantage Large Cap Income ETF	7.66%	8.51%	7.13%	2.13%	0.00%
RDVI FT Cboe Vest Rising Dividend Achievers Target Income ETF	7.94%	8.10%	8.62%	8.45%	1.53%

Frequently Asked Questions

Can I hold both RDVI and BALI in my portfolio?

RDVI and BALI have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RDVI or BALI?

RDVI has higher volatility (3.66%) compared to BALI (1.95%). In terms of maximum drawdown, RDVI dropped -18.35% vs BALI's -16.65%.

Which ETF is better, RDVI or BALI?

On 1-year performance, BALI leads with 26.38% vs 24.98% for RDVI. On fees, BALI is cheaper at 0.35% per year. On volatility, BALI has been the lower-risk option at 1.95%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RDVI or BALI?

Over the 1-year period, BALI has performed better with a 26.38% return vs 24.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RDVI or BALI?

BALI is cheaper with a 0.35% expense ratio, compared with 0.75% for RDVI.

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

RDVI has the higher dividend yield at 7.94%, compared with 7.66% for BALI.

What is the main difference between RDVI and BALI?

They also come from different issuers: FT Vest and BlackRock. Their fees differ too: 0.75% for RDVI and 0.35% for BALI.

Which has better risk-adjusted returns?

BALI currently has the higher Sharpe Ratio (2.67 vs 1.89), 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.