TDIV vs. RDVY

Last updated Aug 5, 2026

TDIV (First Trust NASDAQ Technology Dividend Index Fund) and RDVY (First Trust Rising Dividend Achievers ETF) are both exchange-traded funds - TDIV is a Technology Equities fund tracking the NASDAQ Technology Dividend Index, while RDVY is a Dividend fund tracking the Nasdaq US Rising Dividend Achievers Index. Both are passively managed. Over the past 10 years, TDIV returned 17.38%/yr vs 16.28%/yr for RDVY. Their 0.78 correlation means they have sometimes moved together and sometimes differently. TDIV charges 0.50%/yr vs 0.47%/yr for RDVY.

Performance

TDIV vs. RDVY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust NASDAQ Technology Dividend Index Fund (TDIV) and First Trust Rising Dividend Achievers ETF (RDVY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with TDIV having a 20.64% return and RDVY slightly lower at 20.30%. Over the past 10 years, TDIV has outperformed RDVY with an annualized return of 17.38%, while RDVY has yielded a comparatively lower 16.28% annualized return.

TDIV

• 1D: 3.50%
• 1M: 4.31%
• 6M: 19.61%
• YTD: 20.64%
• 1Y: 29.74%
• 3Y*: 27.65%
• 5Y*: 16.92%
• 10Y*: 17.38%
• ALL TIME*: 15.98%

RDVY

• 1D: 1.77%
• 1M: 3.82%
• 6M: 15.85%
• YTD: 20.30%
• 1Y: 31.93%
• 3Y*: 21.10%
• 5Y*: 13.33%
• 10Y*: 16.28%
• ALL TIME*: 13.98%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
RDVY First Trust Rising Dividend Achievers ETF	$89.60M	$82.66M	$85.30M
TDIV First Trust NASDAQ Technology Dividend Index Fund	$13.49M	$12.95M	$15.18M

TDIV vs. RDVY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TDIV First Trust NASDAQ Technology Dividend Index Fund	20.64%	25.27%	24.43%	36.71%	-22.13%	29.49%	17.55%	33.27%	-3.18%	21.95%
RDVY First Trust Rising Dividend Achievers ETF	20.30%	18.90%	16.41%	20.38%	-13.27%	31.14%	13.47%	37.71%	-9.92%	22.75%

Correlation

The correlation between TDIV and RDVY is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.67
Correlation (3Y) Balances recent behavior with more history.	0.68
Correlation (5Y) Shows whether the relationship held over a longer period.	0.77
Correlation (10Y) Provides a long-term view across more market conditions.	0.78
Correlation (All Time) Calculated using the full available price history since Jan 7, 2014	0.78

The correlation between TDIV and RDVY shifts across timeframes, from 0.67 (1 year) to 0.78 (10 years), reflecting how their relationship changes across market environments.

TDIV vs. RDVY - Sectors Allocation Comparison

Sectors	TDIV	RDVY
Technology	83.2%	19.4%
Communication Services	15.0%	4.2%
Industrials	1.9%	12.5%
Basic Materials	-	-
Consumer Cyclical	-	11.1%
Consumer Defensive	-	2.8%
Energy	-	2.8%
Financial Services	-	38.9%
Healthcare	-	5.6%
Real Estate	-	-
Utilities	-	1.4%

Return for Risk

TDIV vs. RDVY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TDIV

TDIV Risk / Return Rank: 47
TDIV Sharpe Ratio Rank: 52
TDIV Sortino Ratio Rank: 49
TDIV Omega Ratio Rank: 48
TDIV Calmar Ratio Rank: 46
TDIV Martin Ratio Rank: 42

RDVY

RDVY Risk / Return Rank: 85
RDVY Sharpe Ratio Rank: 85
RDVY Sortino Ratio Rank: 85
RDVY Omega Ratio Rank: 81
RDVY Calmar Ratio Rank: 85
RDVY Martin Ratio Rank: 88

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TDIV vs. RDVY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust NASDAQ Technology Dividend Index Fund (TDIV) and First Trust Rising Dividend Achievers ETF (RDVY). 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.

	TDIV	RDVY	Difference
Sharpe ratio: Return per unit of total volatility	1.43	2.19	-0.76
Sortino ratio: Return per unit of downside risk	1.99	3.11	-1.12
Omega ratio: Gain probability vs. loss probability	1.25	1.38	-0.13
Calmar ratio: Return relative to maximum drawdown	1.83	3.55	-1.72
Martin ratio: Return relative to average drawdown	4.99	14.89	-9.90

TDIV vs. RDVY - Sharpe Ratio Comparison

The current TDIV Sharpe Ratio is 1.43, which is lower than the RDVY Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of TDIV and RDVY, 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

TDIV vs. RDVY - Drawdown Comparison

The maximum TDIV drawdown since its inception was -31.97%, smaller than the maximum RDVY drawdown of -40.60%. Use the drawdown chart below to compare losses from any high point for TDIV and RDVY.

Drawdown Indicators

	TDIV	RDVY	Difference
Max Drawdown Largest peak-to-trough decline	-31.97%	-40.60%	+8.63%
Max Drawdown (1Y) Largest decline over 1 year	-16.34%	-9.04%	-7.30%
Max Drawdown (3Y) Largest decline over 3 years	-23.00%	-19.11%	-3.89%
Max Drawdown (5Y) Largest decline over 5 years	-31.97%	-25.32%	-6.65%
Max Drawdown (10Y) Largest decline over 10 years	-31.97%	-40.60%	+8.63%
Current Drawdown Current decline from peak	-9.26%	0.00%	-9.26%
Average Drawdown Average peak-to-trough decline	-4.92%	-4.95%	+0.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.97%	2.15%	+3.82%

Volatility

TDIV vs. RDVY - Volatility Comparison

First Trust NASDAQ Technology Dividend Index Fund (TDIV) has a higher volatility of 6.55% compared to First Trust Rising Dividend Achievers ETF (RDVY) at 3.91%. This indicates that TDIV's price experiences larger fluctuations and is considered to be riskier than RDVY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TDIV	RDVY	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.55%	3.91%	+2.64%
Volatility (6M) Calculated over the trailing 6-month period	16.62%	11.47%	+5.15%
Volatility (1Y) Calculated over the trailing 1-year period	20.93%	14.70%	+6.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.18%	18.94%	+2.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.03%	21.04%	-0.01%

TDIV vs. RDVY - Expense Ratio Comparison

TDIV has a 0.50% expense ratio, which is higher than RDVY's 0.47% expense ratio.

Dividends

TDIV vs. RDVY - Dividend Comparison

TDIV's dividend yield for the trailing twelve months is around 1.30%, more than RDVY's 0.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RDVY First Trust Rising Dividend Achievers ETF	0.81%	1.11%	1.64%	2.09%	2.21%	1.04%	1.53%	1.55%	1.68%	1.25%	2.07%	2.14%
TDIV First Trust NASDAQ Technology Dividend Index Fund	1.30%	1.40%	1.59%	1.74%	2.51%	1.76%	2.07%	2.27%	2.97%	2.27%	2.45%	2.52%

Frequently Asked Questions

Can I hold both TDIV and RDVY in my portfolio?

TDIV and RDVY have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TDIV or RDVY?

TDIV has higher volatility (6.55%) compared to RDVY (3.91%). In terms of maximum drawdown, TDIV dropped -31.97% vs RDVY's -40.60%.

Which ETF is better, TDIV or RDVY?

On 10-year performance, TDIV leads with 17.38% vs 16.28% for RDVY. On fees, RDVY is cheaper at 0.47% per year. On volatility, RDVY has been the lower-risk option at 3.91%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TDIV or RDVY?

Over the 10-year period, TDIV has performed better with a 17.38% return vs 16.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TDIV or RDVY?

RDVY is cheaper with a 0.47% expense ratio, compared with 0.50% for TDIV.

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

TDIV has the higher dividend yield at 1.30%, compared with 0.81% for RDVY.

What is the main difference between TDIV and RDVY?

TDIV is categorized as Technology Equities, while RDVY is Dividend. TDIV tracks NASDAQ Technology Dividend Index, while RDVY tracks Nasdaq US Rising Dividend Achievers Index. Their fees differ too: 0.50% for TDIV and 0.47% for RDVY.

Which has better risk-adjusted returns?

RDVY currently has the higher Sharpe Ratio (2.19 vs 1.43), 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.