RDVI vs. FDND

Last updated Jun 25, 2026

RDVI (FT Cboe Vest Rising Dividend Achievers Target Income ETF) and FDND (FT Vest Dow Jones Internet & Target Income ETF) are both exchange-traded funds - RDVI is a Derivative Income fund tracking the NASDAQ US Rising Dividend Achievers, while FDND is a Technology Equities fund actively managed by FT Vest. RDVI is passively managed, while FDND is actively managed. Over the past year, RDVI returned 27.86% vs -3.53% for FDND. At a 0.49 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

RDVI vs. FDND - 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 Dow Jones Internet & Target Income ETF (FDND). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RDVI achieves a 13.85% return, which is significantly higher than FDND's -5.34% return.

RDVI

• 1D: 0.42%
• 1M: 5.10%
• YTD: 13.85%
• 6M: 12.01%
• 1Y: 27.86%
• 3Y*: 20.36%
• 5Y*: —
• 10Y*: —

FDND

• 1D: 0.03%
• 1M: -5.72%
• YTD: -5.34%
• 6M: -6.15%
• 1Y: -3.53%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RDVI vs. FDND - Yearly Performance Comparison

	2026 (YTD)	2025	2024
RDVI FT Cboe Vest Rising Dividend Achievers Target Income ETF	13.85%	17.93%	7.10%
FDND FT Vest Dow Jones Internet & Target Income ETF	-5.34%	9.69%	15.85%

Correlation

The correlation between RDVI and FDND is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (All Time) Calculated using the full available price history since Mar 21, 2024	0.49

Return for Risk

RDVI vs. FDND — Risk / Return Rank

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

RDVI

RDVI Risk / Return Rank: 73
RDVI Sharpe Ratio Rank: 71
RDVI Sortino Ratio Rank: 73
RDVI Omega Ratio Rank: 67
RDVI Calmar Ratio Rank: 73
RDVI Martin Ratio Rank: 80

FDND

FDND Risk / Return Rank: 7
FDND Sharpe Ratio Rank: 7
FDND Sortino Ratio Rank: 7
FDND Omega Ratio Rank: 7
FDND Calmar Ratio Rank: 8
FDND Martin Ratio Rank: 7

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. FDND - 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 Dow Jones Internet & Target Income ETF (FDND). 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.

	RDVI	FDND	Difference
Sharpe ratio: Return per unit of total volatility	2.03	-0.19	+2.22
Sortino ratio: Return per unit of downside risk	2.92	-0.13	+3.05
Omega ratio: Gain probability vs. loss probability	1.36	0.98	+0.37
Calmar ratio: Return relative to maximum drawdown	3.30	-0.17	+3.47
Martin ratio: Return relative to average drawdown	13.91	-0.41	+14.32

RDVI vs. FDND - Sharpe Ratio Comparison

The current RDVI Sharpe Ratio is 2.03, which is higher than the FDND Sharpe Ratio of -0.19. The chart below compares the historical Sharpe Ratios of RDVI and FDND, 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

RDVI vs. FDND - Drawdown Comparison

The maximum RDVI drawdown since its inception was -18.35%, smaller than the maximum FDND drawdown of -24.12%. Use the drawdown chart below to compare losses from any high point for RDVI and FDND.

Drawdown Indicators

	RDVI	FDND	Difference
Max Drawdown Largest peak-to-trough decline	-18.35%	-24.12%	+5.77%
Max Drawdown (1Y) Largest decline over 1 year	-8.48%	-20.49%	+12.01%
Max Drawdown (3Y) Largest decline over 3 years	-18.35%	—	—
Current Drawdown Current decline from peak	-0.86%	-11.49%	+10.63%
Average Drawdown Average peak-to-trough decline	-3.13%	-5.74%	+2.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.01%	8.65%	-6.64%

Volatility

RDVI vs. FDND - Volatility Comparison

The current volatility for FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) is 4.91%, while FT Vest Dow Jones Internet & Target Income ETF (FDND) has a volatility of 7.14%. This indicates that RDVI experiences smaller price fluctuations and is considered to be less risky than FDND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RDVI	FDND	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.91%	7.14%	-2.23%
Volatility (6M) Calculated over the trailing 6-month period	11.11%	14.99%	-3.88%
Volatility (1Y) Calculated over the trailing 1-year period	13.79%	18.95%	-5.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.95%	21.48%	-4.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.95%	21.48%	-4.53%

RDVI vs. FDND - Expense Ratio Comparison

Both RDVI and FDND have an expense ratio of 0.75%.

Dividends

RDVI vs. FDND - Dividend Comparison

RDVI's dividend yield for the trailing twelve months is around 7.63%, less than FDND's 8.63% yield.

Position	TTM	2025	2024	2023	2022
FDND FT Vest Dow Jones Internet & Target Income ETF	8.63%	8.11%	5.51%	0.00%	0.00%
RDVI FT Cboe Vest Rising Dividend Achievers Target Income ETF	7.63%	8.10%	8.62%	8.45%	1.53%

Frequently Asked Questions

Can I hold both RDVI and FDND in my portfolio?

RDVI and FDND have a correlation of 0.46, 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 FDND?

FDND has higher volatility (7.14%) compared to RDVI (4.91%). In terms of maximum drawdown, RDVI dropped -18.35% vs FDND's -24.12%.

Which ETF is better, RDVI or FDND?

On 1-year performance, RDVI leads with 27.86% vs -3.53% for FDND. Both ETFs have the same 0.75% expense ratio. On volatility, RDVI has been the lower-risk option at 4.91%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RDVI or FDND?

Over the 1-year period, RDVI has performed better with a 27.86% return vs -3.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RDVI or FDND?

RDVI and FDND have the same expense ratio: 0.75% per year.

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

FDND has the higher dividend yield at 8.63%, compared with 7.63% for RDVI.

What is the main difference between RDVI and FDND?

RDVI is categorized as Derivative Income, while FDND is Technology Equities.

Which has better risk-adjusted returns?

RDVI currently has the higher Sharpe Ratio (2.03 vs -0.19), 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.