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RDVI vs. FTHI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between RDVI and FTHI is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Performance

RDVI vs. FTHI - 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 First Trust BuyWrite Income ETF (FTHI). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

RDVI:

0.54

FTHI:

0.46

Sortino Ratio

RDVI:

0.97

FTHI:

0.77

Omega Ratio

RDVI:

1.13

FTHI:

1.13

Calmar Ratio

RDVI:

0.64

FTHI:

0.48

Martin Ratio

RDVI:

2.23

FTHI:

2.04

Ulcer Index

RDVI:

5.28%

FTHI:

3.74%

Daily Std Dev

RDVI:

20.58%

FTHI:

16.10%

Max Drawdown

RDVI:

-18.35%

FTHI:

-32.65%

Current Drawdown

RDVI:

-4.50%

FTHI:

-5.30%

Returns By Period

In the year-to-date period, RDVI achieves a 3.19% return, which is significantly higher than FTHI's -2.68% return.


RDVI

YTD

3.19%

1M

9.88%

6M

-3.19%

1Y

10.95%

5Y*

N/A

10Y*

N/A

FTHI

YTD

-2.68%

1M

5.31%

6M

-3.70%

1Y

7.29%

5Y*

11.84%

10Y*

7.01%

*Annualized

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RDVI vs. FTHI - Expense Ratio Comparison

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


Risk-Adjusted Performance

RDVI vs. FTHI — Risk-Adjusted Performance Rank

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

RDVI
The Risk-Adjusted Performance Rank of RDVI is 6161
Overall Rank
The Sharpe Ratio Rank of RDVI is 5656
Sharpe Ratio Rank
The Sortino Ratio Rank of RDVI is 6161
Sortino Ratio Rank
The Omega Ratio Rank of RDVI is 5959
Omega Ratio Rank
The Calmar Ratio Rank of RDVI is 6767
Calmar Ratio Rank
The Martin Ratio Rank of RDVI is 6363
Martin Ratio Rank

FTHI
The Risk-Adjusted Performance Rank of FTHI is 5959
Overall Rank
The Sharpe Ratio Rank of FTHI is 5353
Sharpe Ratio Rank
The Sortino Ratio Rank of FTHI is 5454
Sortino Ratio Rank
The Omega Ratio Rank of FTHI is 6262
Omega Ratio Rank
The Calmar Ratio Rank of FTHI is 6161
Calmar Ratio Rank
The Martin Ratio Rank of FTHI is 6262
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

RDVI vs. FTHI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) and First Trust BuyWrite Income ETF (FTHI). 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.


The current RDVI Sharpe Ratio is 0.54, which is comparable to the FTHI Sharpe Ratio of 0.46. The chart below compares the historical Sharpe Ratios of RDVI and FTHI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

RDVI vs. FTHI - Dividend Comparison

Neither RDVI nor FTHI has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

RDVI vs. FTHI - Drawdown Comparison

The maximum RDVI drawdown since its inception was -18.35%, smaller than the maximum FTHI drawdown of -32.65%. Use the drawdown chart below to compare losses from any high point for RDVI and FTHI. For additional features, visit the drawdowns tool.


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Volatility

RDVI vs. FTHI - Volatility Comparison

FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) has a higher volatility of 6.16% compared to First Trust BuyWrite Income ETF (FTHI) at 4.62%. This indicates that RDVI's price experiences larger fluctuations and is considered to be riskier than FTHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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