RDVY vs. AFOS

Last updated Jun 4, 2026

RDVY (First Trust Rising Dividend Achievers ETF) and AFOS (ARS Focused Opportunities Strategy ETF) are both Large Cap Blend Equities funds. A 0.69 correlation means they provide meaningful diversification when combined. RDVY charges 0.50%/yr vs 0.45%/yr for AFOS.

Performance

RDVY vs. AFOS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Rising Dividend Achievers ETF (RDVY) and ARS Focused Opportunities Strategy ETF (AFOS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RDVY achieves a 9.82% return, which is significantly lower than AFOS's 32.04% return.

RDVY

• 1D: 0.07%
• 1M: 3.10%
• YTD: 9.82%
• 6M: 10.80%
• 1Y: 26.23%
• 3Y*: 20.29%
• 5Y*: 11.01%
• 10Y*: 15.66%

AFOS

• 1D: -0.29%
• 1M: 8.94%
• YTD: 32.04%
• 6M: 37.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RDVY vs. AFOS - Yearly Performance Comparison

	2026 (YTD)	2025
RDVY First Trust Rising Dividend Achievers ETF	9.82%	12.45%
AFOS ARS Focused Opportunities Strategy ETF	32.04%	36.15%

Correlation

The correlation between RDVY and AFOS is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 27, 2025	0.69

Return for Risk

RDVY vs. AFOS — Risk / Return Rank

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

RDVY

RDVY Risk / Return Rank: 57
RDVY Sharpe Ratio Rank: 54
RDVY Sortino Ratio Rank: 55
RDVY Omega Ratio Rank: 53
RDVY Calmar Ratio Rank: 58
RDVY Martin Ratio Rank: 66

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.

RDVY vs. AFOS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Rising Dividend Achievers ETF (RDVY) and ARS Focused Opportunities Strategy ETF (AFOS). 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.

	RDVY	AFOS	Difference
Sharpe ratio Return per unit of total volatility	1.88	—	—
Sortino ratio Return per unit of downside risk	2.71	—	—
Omega ratio Gain probability vs. loss probability	1.33	—	—
Calmar ratio Return relative to maximum drawdown	2.92	—	—
Martin ratio Return relative to average drawdown	12.26	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	RDVY	AFOS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.88	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.59	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.74	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	4.35	-3.69

Drawdowns

RDVY vs. AFOS - Drawdown Comparison

The maximum RDVY drawdown since its inception was -40.60%, which is greater than AFOS's maximum drawdown of -11.52%. Use the drawdown chart below to compare losses from any high point for RDVY and AFOS.

Drawdown Indicators

	RDVY	AFOS	Difference
Max Drawdown Largest peak-to-trough decline	-40.60%	-11.52%	-29.08%
Max Drawdown (1Y) Largest decline over 1 year	-9.04%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.11%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.32%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-40.60%	—	—
Current Drawdown Current decline from peak	-0.42%	-0.29%	-0.13%
Average Drawdown Average peak-to-trough decline	-5.00%	-1.37%	-3.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.14%	—	—

Volatility

Volatility by Period

	RDVY	AFOS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.96%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.95%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.02%	20.19%	-6.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.92%	20.19%	-1.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.11%	20.19%	+0.92%

RDVY vs. AFOS - Expense Ratio Comparison

RDVY has a 0.50% expense ratio, which is higher than AFOS's 0.45% expense ratio.

Dividends

RDVY vs. AFOS - Dividend Comparison

RDVY's dividend yield for the trailing twelve months is around 0.92%, more than AFOS's 0.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AFOS ARS Focused Opportunities Strategy ETF	0.22%	0.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RDVY First Trust Rising Dividend Achievers ETF	0.92%	1.11%	1.64%	2.09%	2.21%	1.04%	1.53%	1.55%	1.68%	1.25%	2.07%	2.14%

Frequently Asked Questions

Can I hold both RDVY and AFOS in my portfolio?

RDVY and AFOS have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RDVY or AFOS?

On fees, AFOS is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RDVY or AFOS?

AFOS is cheaper with a 0.45% expense ratio, compared with 0.50% for RDVY.

Which ETF pays a higher dividend yield, RDVY or AFOS?

RDVY has the higher dividend yield at 0.92%, compared with 0.22% for AFOS.

What is the main difference between RDVY and AFOS?

They also come from different issuers: First Trust and ARS Investment Partners. Their fees differ too: 0.50% for RDVY and 0.45% for AFOS.