FT Vest Rising Dividend Achievers Target Income ETF (RDVI)

BATS: RDVI · Real-Time Price · USD
24.44
-0.28 (-1.13%)
Aug 1, 2025, 4:00 PM - Market closed
-1.13%
Assets$2.12B
Expense Ratio0.75%
PE Ratio16.75
Shares Out82.60M
Dividend (ttm)$2.12
Dividend Yield8.68%
Ex-Dividend DateJul 22, 2025
Payout FrequencyMonthly
Payout Ratio145.43%
Volume708,805
Open24.60
Previous Close24.72
Day's Range24.21 - 24.60
52-Week Low20.43
52-Week High26.50
Beta1.02
Holdings79
Inception DateOct 19, 2022

About RDVI

Fund Home Page

The FT Vest Rising Dividend Achievers Target Income ETF (RDVI) is an exchange-traded fund that is based on the NASDAQ US Rising Dividend Achievers index. The fund seeks a target level of current income and capital appreciation by holding a portfolio of dividend-paying US equities, while utilizing a naked call writing strategy on the S&P 500 Index or related ETF. The fund is actively managed. RDVI was launched on Oct 19, 2022 and is issued by First Trust.

Asset Class Equity
Category Derivative Income
Region North America
Stock Exchange BATS
Ticker Symbol RDVI
ETF Provider First Trust
Index Tracked NASDAQ US Rising Dividend Achievers

Top 10 Holdings

22.48% of assets
NameSymbolWeight
The Bank of New York Mellon CorporationBK2.40%
Microsoft CorporationMSFT2.31%
JPMorgan Chase & Co.JPM2.28%
eBay Inc.EBAY2.28%
Alphabet Inc.GOOGL2.22%
Meta Platforms, Inc.META2.22%
Raymond James Financial, Inc.RJF2.21%
Booking Holdings Inc.BKNG2.21%
BlackRock, Inc.BLK2.19%
Mueller Industries, Inc.MLI2.14%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Jul 22, 2025$0.1762Jul 31, 2025
Jun 26, 2025$0.174Jun 30, 2025
May 21, 2025$0.1764May 30, 2025
Apr 22, 2025$0.1608Apr 30, 2025
Mar 27, 2025$0.174Mar 31, 2025
Feb 21, 2025$0.1828Feb 28, 2025
Full Dividend History

Performance

RDVI had a total return of 7.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 17.33%.

News

RDVI: A Dividend ETF That Uses Options To Get Ahead

RDVI offers a high 8.8% yield and consistent payouts, making it ideal for income-focused investors seeking stability and reliability. The ETF's selective approach targets high-quality dividend growers...

6 weeks ago - Seeking Alpha

RDVI: Option ETF That Delivers Price Stability

RDVI ETF offers a mix of capital appreciation and an 8.7% dividend yield, making it attractive for income-seeking investors despite modest price gains. The fund's strategy includes a diversified portf...

4 months ago - Seeking Alpha

RDVI: Dividend-Growth ETF With 8% Yield

FT Cboe Vest Rising Dividend Achievers Target Income ETF holds 50 dividend-growth stocks and sells S&P 500 call options for income. The RDVI ETF is well-diversified across holdings thanks to an equal-...

1 year ago - Seeking Alpha

RDVI: Dividends Juiced By Options Writing

FT Vest Rising Dividend Achievers Target Income ETF is an actively managed fund that generates income by writing call options on US exchange-traded assets. RDVI's top holdings include Williams-Sonoma,...

1 year ago - Seeking Alpha

RDVI: Buy-Write ETF Looking Good Among Peers

FT Cboe Vest Rising Dividend Achievers Target Income ETF combines a dividend growth portfolio and an index options strategy to provide income. It is overweight in financials, but well-diversified acro...

1 year ago - Seeking Alpha

RDVI: Avoid This Complex ETF

The FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) aims to provide current income and capital appreciation. It carries a relatively high expense ratio of 0.75%. The fund has underperf...

1 year ago - Seeking Alpha

RDVI: Add It To A Watchlist And Consider These

RDVI is an interesting ETF to monitor because of its methodology and attractive monthly distributions. However, its high fees and short track record are discouraging. Consider adding it to a watchlist...

2 years ago - Seeking Alpha

First Trust Launches the FT Cboe Vest Rising Dividend Achievers Target Income ETF, Targeting Income with Growth Potential

First Trust introduces its third Cboe Vest Target Income ETF designed to address the need for alternative sources of income

3 years ago - Business Wire