Which paid more, FEPI or SDVD?

Over the year to Nov 4, 2026, FEPI paid 22.1% of its starting price in cash and SDVD paid 9.7%, so FEPI paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, FEPI or SDVD?

With every distribution reinvested, FEPI returned +2.9% and SDVD +18.9% over the year to Nov 4, 2026.

Which is cheaper, FEPI or SDVD?

FEPI charges 0.65% a year and SDVD charges 0.85%, so FEPI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

FEPI vs SDVD: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, FEPI paid 22.1% of its price in cash against SDVD’s 9.7%, though SDVD returned more with it reinvested.

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Net assets on Nov 3, 2026: $679m for REX FANG & Innovation Equity Premium Income ETF and $903m for FT Vest SMID Rising Dividend Achievers Target Income ETF.

FEPI on its own →SDVD on its own →

At a glance

22.1%

FEPI cash paid, 1 year

9.7%

SDVD cash paid, 1 year

+2.9%

FEPI total return, 1 year

+18.9%

SDVD total return, 1 year

FEPI · 1 year to Nov 4, 2026 Not measured

FEPI

+2.9%

none

Not measured

FEPI over 1 year: paid 22.1%, price −19.3%, total +2.9%, not measured against a benchmark. Data to Nov 4, 2026.

FEPI

+2.9%

22.1% cash

Total return, distributions reinvested

Not measured

FEPI over 1 year: paid 22.1%, price −19.3%, total +2.9%, not measured against a benchmark. Data to Nov 4, 2026.

FEPI

+2.9%

22.1% of it arrived as cash. Total return, distributions reinvested. FEPI over 1 year: paid 22.1%, price −19.3%, total +2.9%, not measured against a benchmark. Data to Nov 4, 2026.

Data to Nov 4, 2026.

SDVD · 1 year to Nov 4, 2026 1.4 pts ahead of SDVY

SDVD

+18.9%

SDVY

+17.5%

1.4 pts ahead of SDVY

SDVD over 1 year: paid 9.7%, price +8.6%, total +18.9%, SDVY +17.5%, +1.4 pts. Data to Nov 4, 2026.

SDVY

+17.5%

SDVD

+18.9%

9.7% of it arrived as cash

1.4 pts ahead of SDVY

Total return, distributions reinvested

1.4 pts ahead of SDVY

SDVD over 1 year: paid 9.7%, price +8.6%, total +18.9%, SDVY +17.5%, +1.4 pts. Data to Nov 4, 2026.

SDVY

+17.5%

SDVD

+18.9%

9.7% cash

1.4 pts ahead of SDVY

9.7% of it arrived as cash. Both charts share one scale, with zero at the line. SDVD over 1 year: paid 9.7%, price +8.6%, total +18.9%, SDVY +17.5%, +1.4 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

FEPI costs 0.20 points a year less; their one-year returns differ by 16.0 points; SDVD is 1.3 times larger.

Points (pts) are percentage points.

FEPI vs SDVD: Dividend Yield & Total Return
Measure	FEPI	SDVD
Paid and earned
Measure	FEPI	SDVD
Total return, 1 year	+2.9%	+18.9%
Price change, 1 year	fell 19.3%	rose 8.6%
Return of capital, issuer estimate		22% of the Oct 30, 2026 payment
Against its benchmark
Measure	FEPI	SDVD
Benchmark	not published	First Trust SMID Cap Rising Dividend Achievers ETF, measured through SDVY
Cost and size
Measure	FEPI	SDVD
Expense ratio	0.65%	0.85%
Net assets, as of Nov 3, 2026	$679m	$903m
Holdings
Measure	FEPI	SDVD
Holdings in common	0%

Method

Risk and return

Oct 20, 2023 to Oct 30, 2026 · 158 weekly returns

FEPI SDVD

Return

Total return edge SDVD (slight) +62.5% +64.2%

Annualized edge SDVD (slight) +17.3% +17.7%

Price return edge SDVD −22.9% +24.6%

Risk

Volatility edge SDVD 19.1% 16.9%

Max drawdown edge SDVD (slight) −22.7% −22.2%

Risk-adjusted

Sharpe edge SDVD 0.70 0.79

Sortino edge SDVD 0.99 1.17

Calmar edge SDVD (slight) 0.76 0.80

Reading

From Oct 2023 to Oct 2026, SDVD returned slightly more: +64.2% to +62.5%. SDVD swung less: 16.9% to 19.1%. SDVD fell slightly less at its worst: −22.2% to −22.7%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: FEPI vs SDVD: Dividend Yield & Total Return
Measure	FEPI	SDVD	Edge	How it is measured
Return
Total return	+62.5%	+64.2%	SDVD (slight)	Price change plus distributions, reinvested.
Annualized	+17.3%	+17.7%	SDVD (slight)	Total return as a yearly rate.
Price return	−22.9%	+24.6%	SDVD	Price change alone, distributions left out.
Risk
Volatility	19.1%	16.9%	SDVD	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	13.5%	11.4%	SDVD	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−22.7%	−22.2%	SDVD (slight)	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.70	0.79	SDVD	Return above Treasury bills per unit of volatility.
Sortino	0.99	1.17	SDVD	Return above Treasury bills per unit of downside deviation.
Calmar	0.76	0.80	SDVD (slight)	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 158 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, FEPI and SDVD hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 3, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first FEPI SDVD

Only in one fund ↓

Only in FEPI

ALPHABET INC. 7.00%

BROADCOM INC. 6.95%

APPLE INC. 6.90%

NVIDIA CORPORATION 6.68%

ADVANCED MICRO DEVICES, INC. 6.04%

MICRON TECHNOLOGY, INC. 5.88%

META PLATFORMS, INC. 4.25%

MICROSOFT CORPORATION 4.23%

Only in SDVD

The Hanover Insurance Group, Inc. 1.09%

Reinsurance Group of America, Incorporated 1.06%

Williams-Sonoma, Inc. 1.06%

Veralto Corporation 1.05%

Assurant, Inc. 1.02%

Interparfums, Inc. 1.02%

National HealthCare Corporation 1.02%

VeriSign, Inc. 1.02%

Check overlap with more funds →

Side by side

FEPI REX FANG & Innovation Equity Premium Income ETF · Covered call, paying weekly SDVD FT Vest SMID Rising Dividend Achievers Target Income ETF · Writes calls on the Russell 2000, investing in the Nasdaq US Small-Mid Cap Rising Dividend Achievers Index, paying monthly

Issuer REX First Trust

Strategy covered call dividend stocks with call overlay

Benchmark none First Trust SMID Cap Rising Dividend Achievers ETF (SDVY)

Pays weekly monthly

Payout rate, annualized 24.9% 8.2%

Expense ratio 0.65% 0.85%

Cash paid, 1 year 22.1% 9.7%

Price change, 1 year −19.3% +8.6%

Total return, 1 year +2.9% +18.9%

Benchmark return, 1 year not published +17.5%

Ahead or behind not available +1.4 pts

Return of capital, latest estimate not published 22%

Age 3.1 years 3.2 years

Net assets, as of Nov 3, 2026 $679m $903m

As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: FEPI vs SDVD: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	FEPI	SDVD	FEPI	SDVD	FEPI	SDVD
3 months	−1.5%	−2.3%	6.4%	2.0%	not measured	+0.5 pts
6 months	−2.4%	+3.3%	11.2%	4.1%	not measured	+0.9 pts
1 year	+2.9%	+18.9%	22.1%	9.7%	not measured	+1.4 pts
3 years	+55.6%	+60.8%	69.1%	31.3%	not measured	+1.0 pts
Since launchNot the same days: FEPI Oct 2023 · SDVD Aug 2023	+56.7%	+53.9%	69.6%	31.3%	not measured	+1.9 pts

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Alert

About each fund

FEPI

Over the year to Nov 4, 2026, FEPI paid 22.1% of its starting value in cash distributions while its price fell 19.3%. With every distribution reinvested, the fund returned +2.9%. At its price on Nov 4, 2026 the latest distribution annualizes to 24.9%, paid weekly.

SDVD

Over the year to Nov 4, 2026, SDVD paid 9.7% of its starting value in cash distributions while its price rose 8.6%. With every distribution reinvested, the fund returned +18.9%. First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) returned +17.5% over the same days, so a holder was ahead by 1.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 8.2%, paid monthly. First Trust estimates that 22% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

Questions people ask

Which paid more, FEPI or SDVD?: Over the year to Nov 4, 2026, FEPI paid 22.1% of its starting price in cash and SDVD paid 9.7%, so FEPI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, FEPI or SDVD?: With every distribution reinvested, FEPI returned +2.9% and SDVD +18.9% over the year to Nov 4, 2026.
Which is cheaper, FEPI or SDVD?: FEPI charges 0.65% a year and SDVD charges 0.85%, so FEPI is cheaper. Fees come from each fund's prospectus.

Other comparisons

FEPI vs YQQQ FEPI vs XSHP FEPI vs PCOV FEPI vs XVSP SDVD vs SIXH SDVD vs TMGN SDVD vs VOOY SDVD vs YYY

Where to next

First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →FEPI on its own →SDVD on its own →FEPI dividend history →FEPI holdings →SDVD dividend history →SDVD holdings →Method →Standards and sources →

Sources and dates

FEPI filings on SEC EDGAR ↗

FEPI prospectus with the expense ratio (SEC) ↗

REX page for FEPI ↗

SDVD filings on SEC EDGAR ↗

SDVD prospectus with the expense ratio (SEC) ↗

SDVD 19a-1 distribution notice ↗

First Trust page for SDVD ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, FEPI against SDVD, data as of Nov 4, 2026. https://etfiq.com/compare/income/fepi-vs-sdvd

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.