East West Bancorp

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Capital One

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FT Cboe Vest Rising Dividend Achievers Target Income Etf

RDVI seeks to provide 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.

RDVI 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.

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-weight methodology, but it is overweight in financials. RDVI valuation, growth and quality metrics look attractive compared to the S&P 500 benchmark.

RDVI: Dividend-Growth ETF With 8% Yield

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, Regions Financial, Capital One, Lennar, and Discover Financial, all known for their dividend yield. RDVI has an overweight concentration in financials, followed by industrials and consumer discretionary sectors, and has outperformed similar ETFs over the past year. However, it has a high expense ratio and sector concentration risks.

RDVI: Dividends Juiced By Options Writing

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 across holdings thanks to an equal-weight methodology. The fund has a short, but promising, track record among ETFs implementing a buy-write strategy with S&P 500 options.

RDVI: Buy-Write ETF Looking Good Among Peers

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 underperformed the S&P 500 on both an absolute and risk adjusted basis.

RDVI: Avoid This Complex ETF

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 for now and take a look at the alternatives mentioned in this post.

RDVI: Add It To A Watchlist And Consider These

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

News for FT Cboe Vest Rising Dividend Achievers Target Income Etf ETF (RDVI)