RDVI vs. DDEC

Last updated Apr 2, 2026

Compare and contrast key facts about FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) and FT Vest U.S. Equity Deep Buffer ETF - December (DDEC).

RDVI and DDEC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RDVI is a passively managed fund by FT Vest that tracks the performance of the NASDAQ US Rising Dividend Achievers. It was launched on Oct 19, 2022. DDEC is a passively managed fund by FT Vest that tracks the performance of the S&P 500. It was launched on Dec 18, 2020. Both RDVI and DDEC are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

RDVI vs. DDEC - 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 FT Vest U.S. Equity Deep Buffer ETF - December (DDEC). The values are adjusted to include any dividend payments, if applicable.

RDVI vs. DDEC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
RDVI FT Cboe Vest Rising Dividend Achievers Target Income ETF	0.25%	17.93%	14.56%	18.63%	9.91%
DDEC FT Vest U.S. Equity Deep Buffer ETF - December	-1.64%	12.33%	12.26%	16.82%	1.34%

Returns By Period

In the year-to-date period, RDVI achieves a 0.25% return, which is significantly higher than DDEC's -1.64% return.

RDVI

• 1D: 0.78%
• 1M: -3.99%
• YTD: 0.25%
• 6M: 4.09%
• 1Y: 17.90%
• 3Y*: 15.91%
• 5Y*: —
• 10Y*: —

DDEC

• 1D: 0.16%
• 1M: -1.99%
• YTD: -1.64%
• 6M: 1.28%
• 1Y: 13.05%
• 3Y*: 11.50%
• 5Y*: 7.23%
• 10Y*: —

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

RDVI vs. DDEC - Expense Ratio Comparison

RDVI has a 0.75% expense ratio, which is lower than DDEC's 0.85% expense ratio.

DDEC

FT Vest U.S. Equity Deep Buffer ETF - December

RDVI

FT Cboe Vest Rising Dividend Achievers Target Income ETF

Return for Risk

RDVI vs. DDEC — Risk / Return Rank

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

RDVI

RDVI Risk / Return Rank: 55
RDVI Sharpe Ratio Rank: 52
RDVI Sortino Ratio Rank: 53
RDVI Omega Ratio Rank: 54
RDVI Calmar Ratio Rank: 53
RDVI Martin Ratio Rank: 62

DDEC

DDEC Risk / Return Rank: 82
DDEC Sharpe Ratio Rank: 78
DDEC Sortino Ratio Rank: 81
DDEC Omega Ratio Rank: 84
DDEC Calmar Ratio Rank: 80
DDEC Martin Ratio Rank: 87

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. DDEC - 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 FT Vest U.S. Equity Deep Buffer ETF - December (DDEC). 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	DDEC	Difference
Sharpe ratio Return per unit of total volatility	0.97	1.52	-0.55
Sortino ratio Return per unit of downside risk	1.47	2.21	-0.74
Omega ratio Gain probability vs. loss probability	1.21	1.34	-0.13
Calmar ratio Return relative to maximum drawdown	1.44	2.44	-1.00
Martin ratio Return relative to average drawdown	6.52	11.53	-5.01
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. DDEC - Sharpe Ratio Comparison

The current RDVI Sharpe Ratio is 0.97, which is lower than the DDEC Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of RDVI and DDEC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RDVI	DDEC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.97	1.52	-0.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.04	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.06	1.09	-0.03

Correlation

The correlation between RDVI and DDEC is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

RDVI vs. DDEC - Dividend Comparison

RDVI's dividend yield for the trailing twelve months is around 8.38%, while DDEC has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022
RDVI FT Cboe Vest Rising Dividend Achievers Target Income ETF	8.38%	8.10%	8.62%	8.45%	1.53%
DDEC FT Vest U.S. Equity Deep Buffer ETF - December	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

RDVI vs. DDEC - Drawdown Comparison

The maximum RDVI drawdown since its inception was -18.35%, which is greater than DDEC's maximum drawdown of -10.22%. Use the drawdown chart below to compare losses from any high point for RDVI and DDEC.

Drawdown Indicators

	RDVI	DDEC	Difference
Max Drawdown Largest peak-to-trough decline	-18.35%	-10.22%	-8.13%
Max Drawdown (1Y) Largest decline over 1 year	-12.65%	-5.46%	-7.19%
Max Drawdown (5Y) Largest decline over 5 years	—	-10.22%	—
Current Drawdown Current decline from peak	-5.28%	-2.53%	-2.75%
Average Drawdown Average peak-to-trough decline	-3.27%	-1.92%	-1.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.80%	1.15%	+1.65%

Volatility

RDVI vs. DDEC - Volatility Comparison

FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) has a higher volatility of 5.38% compared to FT Vest U.S. Equity Deep Buffer ETF - December (DDEC) at 2.85%. This indicates that RDVI's price experiences larger fluctuations and is considered to be riskier than DDEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RDVI	DDEC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.38%	2.85%	+2.53%
Volatility (6M) Calculated over the trailing 6-month period	10.48%	4.55%	+5.93%
Volatility (1Y) Calculated over the trailing 1-year period	18.54%	8.63%	+9.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.04%	6.99%	+10.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.04%	6.92%	+10.12%