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

Correlation

The correlation between RDVI and FTHI is 0.74, 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.


-0.50.00.51.00.7

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.

35.00%40.00%45.00%50.00%55.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
49.53%
49.86%
RDVI
FTHI

Key characteristics

Sharpe Ratio

RDVI:

1.13

FTHI:

2.35

Sortino Ratio

RDVI:

1.72

FTHI:

3.08

Omega Ratio

RDVI:

1.21

FTHI:

1.51

Calmar Ratio

RDVI:

1.98

FTHI:

3.49

Martin Ratio

RDVI:

6.40

FTHI:

19.00

Ulcer Index

RDVI:

2.59%

FTHI:

1.06%

Daily Std Dev

RDVI:

14.65%

FTHI:

8.61%

Max Drawdown

RDVI:

-12.56%

FTHI:

-32.65%

Current Drawdown

RDVI:

-7.34%

FTHI:

-2.09%

Returns By Period

In the year-to-date period, RDVI achieves a 14.70% return, which is significantly lower than FTHI's 19.53% return.


RDVI

YTD

14.70%

1M

-4.32%

6M

8.60%

1Y

15.25%

5Y*

N/A

10Y*

N/A

FTHI

YTD

19.53%

1M

0.35%

6M

9.16%

1Y

19.65%

5Y*

7.88%

10Y*

7.70%

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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.


FTHI
First Trust BuyWrite Income ETF
Expense ratio chart for FTHI: current value at 0.85% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.85%
Expense ratio chart for RDVI: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%

Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for RDVI, currently valued at 1.13, compared to the broader market0.002.004.001.132.35
The chart of Sortino ratio for RDVI, currently valued at 1.72, compared to the broader market-2.000.002.004.006.008.0010.001.723.08
The chart of Omega ratio for RDVI, currently valued at 1.21, compared to the broader market0.501.001.502.002.503.001.211.51
The chart of Calmar ratio for RDVI, currently valued at 1.98, compared to the broader market0.005.0010.0015.001.983.49
The chart of Martin ratio for RDVI, currently valued at 6.40, compared to the broader market0.0020.0040.0060.0080.00100.006.4019.00
RDVI
FTHI

The current RDVI Sharpe Ratio is 1.13, which is lower than the FTHI Sharpe Ratio of 2.35. 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.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.13
2.35
RDVI
FTHI

Dividends

RDVI vs. FTHI - Dividend Comparison

RDVI's dividend yield for the trailing twelve months is around 9.31%, which matches FTHI's 9.23% yield.


TTM2023202220212020201920182017201620152014
RDVI
FT Cboe Vest Rising Dividend Achievers Target Income ETF
8.61%8.45%1.53%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FTHI
First Trust BuyWrite Income ETF
8.58%8.50%9.06%4.37%4.76%4.21%4.76%4.02%4.43%4.98%3.96%

Drawdowns

RDVI vs. FTHI - Drawdown Comparison

The maximum RDVI drawdown since its inception was -12.56%, 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.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.34%
-2.09%
RDVI
FTHI

Volatility

RDVI vs. FTHI - Volatility Comparison

FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) has a higher volatility of 4.37% compared to First Trust BuyWrite Income ETF (FTHI) at 2.90%. 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.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
4.37%
2.90%
RDVI
FTHI
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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