Which paid more, RDVI or SPUT?

Over the year to Nov 4, 2026, RDVI paid 9.1% of its starting price in cash and SPUT paid 4.8%, so RDVI paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, RDVI or SPUT?

With every distribution reinvested, RDVI returned +22.0% and SPUT +10.7% over the year to Nov 4, 2026.

Which is cheaper, RDVI or SPUT?

RDVI charges 0.75% a year and SPUT charges 0.79%, so RDVI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

RDVI vs SPUT: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, RDVI paid 9.1% of its price in cash against SPUT’s 4.8%, and returned more with it reinvested.

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Net assets: $3.9bn on Nov 3, 2026 for FT Vest Rising Dividend Achievers Target Income ETF, and $17m on Nov 4, 2026 for Innovator Equity Premium Income - Daily PutWrite ETF.

RDVI on its own →SPUT on its own →

At a glance

9.1%

RDVI cash paid, 1 year

4.8%

SPUT cash paid, 1 year

+22.0%

RDVI total return, 1 year

+10.7%

SPUT total return, 1 year

RDVI · 1 year to Nov 4, 2026 About even with RDVY

RDVI

+22.0%

RDVY

+22.2%

About even with RDVY

RDVI over 1 year: paid 9.1%, price +12.2%, total +22.0%, RDVY +22.2%, −0.2 pts. Data to Nov 4, 2026.

RDVY

+22.2%

RDVI

+22.0%

9.1% of it arrived as cash

about even with RDVY

Total return, distributions reinvested

About even with RDVY

RDVI over 1 year: paid 9.1%, price +12.2%, total +22.0%, RDVY +22.2%, −0.2 pts. Data to Nov 4, 2026.

RDVY

+22.2%

RDVI

+22.0%

about even with RDVY

9.1% of it arrived as cash. Total return, distributions reinvested. RDVI over 1 year: paid 9.1%, price +12.2%, total +22.0%, RDVY +22.2%, −0.2 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

SPUT · 1 year to Nov 4, 2026 4.1 pts behind SPY

SPUT

+10.7%

SPY

+14.8%

4.1 pts behind SPY

SPUT over 1 year: paid 4.8%, price +5.7%, total +10.7%, SPY +14.8%, −4.1 pts. Data to Nov 4, 2026.

SPY

+14.8%

SPUT

+10.7%

4.8% as cash

4.1 pts behind SPY

Total return, distributions reinvested

4.1 pts behind SPY

SPUT over 1 year: paid 4.8%, price +5.7%, total +10.7%, SPY +14.8%, −4.1 pts. Data to Nov 4, 2026.

SPY

+14.8%

SPUT

+10.7%

4.1 pts behind SPY

4.8% of it arrived as cash. Both charts share one scale, 0 to +22.2%. SPUT over 1 year: paid 4.8%, price +5.7%, total +10.7%, SPY +14.8%, −4.1 pts. Data to Nov 4, 2026.

Both charts share one scale, 0 to +22.2%. Data to Nov 4, 2026.

Pair scorecard

RDVI costs 0.04 points a year less; their one-year returns differ by 11.3 points; RDVI is far larger, $3.9bn against $17m.

Points (pts) are percentage points.

RDVI vs SPUT: Dividend Yield & Total Return
Measure	RDVI	SPUT
Paid and earned
Measure	RDVI	SPUT
Total return, 1 year	+22.0%	+10.7%
Price change, 1 year	rose 12.2%	rose 5.7%
Return of capital, issuer estimate	40% of the Oct 30, 2026 payment	58% of the Nov 2, 2026 payment
Against its benchmark
Measure	RDVI	SPUT
Benchmark	First Trust Rising Dividend Achievers ETF, measured through RDVY	S&P 500, measured through SPY
Cost and size
Measure	RDVI	SPUT
Expense ratio	0.75%	0.79%
Net assets, as of Nov 3, 2026	$3.9bn	$17m
Holdings
Measure	RDVI	SPUT
Holdings in common	16%

ETFIQ Distribution Coverage Score · RDVI scores higher How much of what it paid out did its total return cover?

IQ Income Score92.5RDVI88.9SPUT

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

RDVI 92.5

SPUT 88.9

0.3, the lowest in this set 99.7, the highest

One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

Method

What they share

16%

By the books each fund has filed, RDVI and SPUT hold 16% 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

16% in common

Positions both hold · largest shared weight first RDVI SPUT

Microsoft Corporation 2.16% 2.70%

NVIDIA Corporation 2.00% 3.71%

Apple Inc. 1.63% 3.50%

Alphabet Inc. (Class A) 1.57% 1.64%

Meta Platforms, Inc. (Class A) 1.89% 0.97%

JPMorgan Chase & Co. 2.02% 0.75%

Micron Technology, Inc. 1.83% 0.74%

Visa Inc. (Class A) 2.35% 0.49%

Cisco Systems, Inc. 0.48% 0.36%

Mastercard Incorporated 1.08% 0.36%

Costco Wholesale Corporation 2.02% 0.33%

Applied Materials, Inc. 1.97% 0.32%

Only in one fund ↓

Only in RDVI

Snap-on Incorporated 1.85%

Mueller Industries, Inc. 1.29%

Coca-Cola Consolidated, Inc. 0.55%

East West Bancorp, Inc. 0.54%

CF Industries Holdings, Inc. 0.46%

Allison Transmission Holdings, Inc. 0.43%

2026-11-06 S&P 500® Index - Price Return C 7,580 -0.11%

Only in SPUT

Amazon.com Inc 2.06%

Broadcom Inc 1.43%

Alphabet Inc 1.43%

Tesla Inc 0.82%

Eli Lilly & Co 0.77%

Advanced Micro Devices Inc 0.61%

Berkshire Hathaway Inc 0.56%

ExxonMobil Holdings Corp 0.51%

Check overlap with more funds →

Side by side

RDVI FT Vest Rising Dividend Achievers Target Income ETF · Writes calls on the S&P 500, measured against the Nasdaq US Rising Dividend Achievers Index, paying monthly SPUT Innovator Equity Premium Income - Daily PutWrite ETF · Sells puts on the S&P 500, paying monthly

Issuer First Trust Innovator

Strategy dividend stocks with call overlay put-selling overlay

Benchmark First Trust Rising Dividend Achievers ETF (RDVY) S&P 500 (SPY)

Pays monthly monthly

Payout rate, annualized 8.3% 3.6%

Expense ratio 0.75% 0.79%

Cash paid, 1 year 9.1% 4.8%

Price change, 1 year +12.2% +5.7%

Total return, 1 year +22.0% +10.7%

Benchmark return, 1 year +22.2% +14.8%

Ahead or behind −0.2 pts −4.1 pts

Return of capital, latest estimate 40% 58%

Age 4.0 years 1.6 years

Net assets, RDVI as of Nov 3, 2026 and SPUT as of Nov 4, 2026 $3.9bn $17m

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: RDVI vs SPUT: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	RDVI	SPUT	RDVI	SPUT	RDVI	SPUT
3 months	−1.9%	+0.9%	2.0%	1.0%	+0.6 pts	+1.0 pts
6 months	+7.9%	+3.4%	4.3%	1.9%	+0.1 pts	−1.6 pts
1 year	+22.0%	+10.7%	9.1%	4.8%	−0.2 pts	−4.0 pts
3 years	+76.0%	–	30.9%	–	−6.4 pts	–
Since launchNot the same days: RDVI Oct 2022 · SPUT Mar 2025	+106.5%	+23.3%	43.0%	9.1%	−8.4 pts	−15.6 pts

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Alert

About each fund

RDVI

Over the year to Nov 4, 2026, RDVI paid 9.1% of its starting value in cash distributions while its price rose 12.2%. With every distribution reinvested, the fund returned +22.0%. First Trust Rising Dividend Achievers ETF (RDVY) returned +22.2% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 8.3%, paid monthly. First Trust estimates that 40% 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.

SPUT

Over the year to Nov 4, 2026, SPUT paid 4.8% of its starting value in cash distributions while its price rose 5.7%. With every distribution reinvested, the fund returned +10.7%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 4.1 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 3.6%, paid monthly. Innovator estimates that 58% of the distribution paid Nov 2, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, RDVI or SPUT?: Over the year to Nov 4, 2026, RDVI paid 9.1% of its starting price in cash and SPUT paid 4.8%, so RDVI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, RDVI or SPUT?: With every distribution reinvested, RDVI returned +22.0% and SPUT +10.7% over the year to Nov 4, 2026.
Which is cheaper, RDVI or SPUT?: RDVI charges 0.75% a year and SPUT charges 0.79%, so RDVI is cheaper. Fees come from each fund's prospectus.

Other comparisons

RDVI vs JULH RDVI vs JANJ RDVI vs JANH RDVI vs SPIN SPUT vs KNG SPUT vs SDVD SPUT vs FEPI SPUT vs DJIA

Where to next

First Trust Rising Dividend Achievers ETF (RDVY) →S&P 500 (SPY) →RDVI on its own →SPUT on its own →RDVI dividend history →RDVI holdings →SPUT dividend history →SPUT holdings →Method →Standards and sources →

Sources and dates

RDVI filings on SEC EDGAR ↗

RDVI prospectus with the expense ratio (SEC) ↗

RDVI 19a-1 distribution notice ↗

First Trust page for RDVI ↗

SPUT filings on SEC EDGAR ↗

SPUT prospectus with the expense ratio (SEC) ↗

SPUT 19a-1 distribution notice ↗

Innovator page for SPUT ↗

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

How this is computed

It is a place in a set, not a rating or a recommendation.

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, RDVI against SPUT, data as of Nov 4, 2026. https://etfiq.com/compare/income/rdvi-vs-sput

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