TDVI vs. RDVY
TDVI (FT Vest Technology Dividend Target Income ETF) and RDVY (First Trust Rising Dividend Achievers ETF) are both exchange-traded funds - TDVI is a Derivative Income fund actively managed by First Trust, while RDVY is a Dividend fund tracking the Nasdaq US Rising Dividend Achievers Index. TDVI is actively managed, while RDVY is passively managed. Over the past year, TDVI returned 28.70% vs 31.93% for RDVY. Their 0.67 correlation means they have sometimes moved together and sometimes differently. TDVI charges 0.75%/yr vs 0.47%/yr for RDVY.
Performance
TDVI vs. RDVY - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with TDVI having a 19.75% return and RDVY slightly higher at 20.30%.
TDVI
- 1D
- 3.19%
- 1M
- 3.57%
- 6M
- 18.56%
- YTD
- 19.75%
- 1Y
- 28.70%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 26.52%
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%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $89.60M | $82.66M | $85.30M | |
| $5.55M | $4.46M | $3.77M |
TDVI vs. RDVY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
TDVI FT Vest Technology Dividend Target Income ETF | 19.75% | 24.75% | 22.84% | 9.95% |
RDVY First Trust Rising Dividend Achievers ETF | 20.30% | 18.90% | 16.41% | 7.13% |
Correlation
The correlation between TDVI and RDVY is 0.65, 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. | 0.65 |
Correlation (All Time) Calculated using the full available price history since Aug 10, 2023 | 0.67 |
The correlation between TDVI and RDVY has been stable across timeframes, ranging from 0.65 to 0.67 - a consistent structural relationship.
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Return for Risk
TDVI vs. RDVY — Risk / Return Rank
TDVI
RDVY
TDVI vs. RDVY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Vest Technology Dividend Target Income ETF (TDVI) 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.
| TDVI | RDVY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.76 | ||
| Sortino ratioReturn per unit of downside risk | -1.13 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.38 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.80 | 3.55 | -1.75 |
| Martin ratioReturn relative to average drawdown | 5.03 | 14.89 | -9.86 |
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Drawdowns
TDVI vs. RDVY - Drawdown Comparison
The maximum TDVI drawdown since its inception was -22.08%, smaller than the maximum RDVY drawdown of -40.60%. Use the drawdown chart below to compare losses from any high point for TDVI and RDVY.
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Drawdown Indicators
| TDVI | RDVY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.08% | -40.60% | +18.52% |
Max Drawdown (1Y)Largest decline over 1 year | -16.01% | -9.04% | -6.97% |
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 DrawdownCurrent decline from peak | -9.63% | 0.00% | -9.63% |
Average DrawdownAverage peak-to-trough decline | -3.47% | -4.95% | +1.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.72% | 2.15% | +3.57% |
Volatility
TDVI vs. RDVY - Volatility Comparison
FT Vest Technology Dividend Target Income ETF (TDVI) has a higher volatility of 6.09% compared to First Trust Rising Dividend Achievers ETF (RDVY) at 3.91%. This indicates that TDVI'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.
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Volatility by Period
| TDVI | RDVY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.09% | 3.91% | +2.18% |
Volatility (6M)Calculated over the trailing 6-month period | 16.09% | 11.47% | +4.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.15% | 14.70% | +5.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.10% | 18.94% | +1.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.10% | 21.04% | -0.94% |
TDVI vs. RDVY - Expense Ratio Comparison
TDVI has a 0.75% expense ratio, which is higher than RDVY's 0.47% expense ratio.
Dividends
TDVI vs. RDVY - Dividend Comparison
TDVI's dividend yield for the trailing twelve months is around 7.24%, 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% |
TDVI FT Vest Technology Dividend Target Income ETF | 7.24% | 7.53% | 7.90% | 3.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TDVI and RDVY have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TDVI has higher volatility (6.09%) compared to RDVY (3.91%). In terms of maximum drawdown, TDVI dropped -22.08% vs RDVY's -40.60%.
On 1-year performance, RDVY leads with 31.93% vs 28.70% for TDVI. 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.
Over the 1-year period, RDVY has performed better with a 31.93% return vs 28.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
RDVY is cheaper with a 0.47% expense ratio, compared with 0.75% for TDVI.
TDVI has the higher dividend yield at 7.24%, compared with 0.81% for RDVY.
TDVI is categorized as Derivative Income, while RDVY is Dividend. Their fees differ too: 0.75% for TDVI and 0.47% for RDVY.
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.
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