TDVIFT Vest Technology Dividend Target Income ETF

Get income3y track recordRanked #767 of 1,706 in this goal

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

By First Trust · Launched 2023

Annual Cost

0.75%

#4,069 of 6,040 · expensive

Fund Size

$574M

#1,562 of 6,040 · large

Return (1Y)

+18.2%

Track Record

3 years

#3,042 of 6,040 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$11,822+18.2%

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 Technology Dividend Index

Holdings

By weight

Concentration

Top 10 holdings = 56.6% of fundmoderately concentrated

TEXAS INSTRUMENTS INC

9.6%

BROADCOM INC

9.5%

ORACLE CORP

7.7%

MICROSOFT CORP

7.6%

INTERNATIONAL BUSINESS MACHINES CORP

7.0%

QUALCOMM INC

4.6%

TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD

3.8%

ANALOG DEVICES INC

2.8%

CISCO SYSTEMS INC

2.1%

APPLIED MATERIALS INC

1.9%

Asset allocation

Stocks

99.9%

Cash

0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

19.8%Moderate

Year-on-year price swings

Max drawdown

-22.1%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

1.06Strong risk-adjusted returns

Sortino (3Y)

1.56Good 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 Technology Industry and writes call options on the Nasdaq-100 and S&P 500 indices to generate income. Aims for distributions from dividends and option premiums, targeting approximately 8% annual returns.
Inception date: August 9, 2023
Fund family: First Trust