RDVIFT Vest Rising Dividend Achievers Target Income ETF

Get income3y track recordRanked #589 of 1,706 in this goal

Seeks current income with a secondary objective of providing capital appreciation.

By First Trust · Launched 2022

Annual Cost

0.75%

#4,069 of 6,040 · expensive

Fund Size

$3.7B

#553 of 6,040 · large

Return (1Y)

+20.8%

Track Record

3 years

#2,766 of 6,040 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$12,024+20.2%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Option income

Index tracked

Nasdaq US Rising Dividend Achievers TM Index

Holdings

By weight

Concentration

Top 10 holdings = 28.4% of funddiversified

LAM RESEARCH CORP

3.7%

APPLIED MATERIALS INC

3.3%

GE VERNOVA INC

3.1%

KLA CORP

3.0%

ALPHABET INC

2.8%

MONOLITHIC POWER SYSTEMS INC

2.6%

BAKER HUGHES COMPANY

2.6%

ROSS STORES INC

2.5%

MUELLER INDUSTRIES INC

2.4%

BANK OF NEW YORK MELLON CORP (THE)

2.3%

Asset allocation

Stocks

99.8%

Cash

0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

13.9%Moderate

Year-on-year price swings

Max drawdown

-18.4%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.92Decent risk-adjusted returns

Sortino (3Y)

1.39Good downside protection

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks current income with a secondary objective of providing capital appreciation.
Strategy: Invests primarily in U.S. exchange-traded equity securities in the Nasdaq US Rising Dividend Achievers Index and employs an option strategy by writing call options on the S&P 500 Index. Aims for distributions from dividends and option premiums, targeting an annual rate of approximately 8% above the S&P 500 Index's yield.
Inception date: October 19, 2022
Fund family: First Trust