Data as of .
RDVI vs TPAY: which paid, and which earned it?
RDVI and TPAY both write options for income.
What they hold in common
By the books each fund has filed, RDVI and TPAY hold 0% of their money in the same securities at the same weight.
| Only in RDVI | Only in TPAY |
|---|---|
| Lam Research Corporation 2.31% | SPY 03/12/2027 33.67 C 61.75% |
| Applied Materials, Inc. 2.30% | SPY 04/16/2027 33.18 C 33.20% |
| The Travelers Companies, Inc. 2.27% | SPYM 03/12/2027 3.33 C 5.05% |
| The Bank of New York Mellon Corporation 2.22% | |
| GE Vernova Inc. 2.19% | |
| Micron Technology, Inc. 2.18% | |
| KLA Corporation 2.16% | |
| NVIDIA Corporation 2.16% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| RDVI | TPAY | RDVI | TPAY | RDVI | TPAY | |
| 3 months | +0.3% | +1.5% | 2.1% | 2.4% | −6.3 pts | −0.8 pts |
| 6 months | +15.1% | +17.3% | 4.6% | 5.3% | +2.5 pts | −0.7 pts |
| 1 year | +19.2% | not published | 8.8% | not published | −8.0 pts | not published |
| 3 years | +69.2% | not published | 29.6% | not published | +15.5 pts | not published |
| Since launch | +101.2% | +11.0% | 41.0% | 5.8% | +32.0 pts | −0.8 pts |
| RDVI FT Vest Rising Dividend Achievers Target Income ETF Dividend stocks with call overlay on SCHD, paying monthly | TPAY Roundhill S&P 500 Target 10 Managed Distribution ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | First Trust | Roundhill |
| Strategy | dividend stocks with call overlay | option income |
| Benchmark | US dividend stocks (SCHD), used as the dividend proxy | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 8.8% | 9.5% |
| Expense ratio | 0.75% | 0.49% |
| Cash paid, 1 year | 8.8% | 5.8% (since launch on Feb 18, 2026) |
| Price change, 1 year | +9.6% | +4.9% |
| Total return, 1 year | +19.2% | +11.0% (since launch on Feb 18, 2026) |
| Benchmark return, 1 year | +27.2% | +11.8% |
| Ahead or behind | −8.0 pts | −0.8 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1429 days | 212 days |
| Net assets | $3.7bn | $2m |
RDVI in plain words
Over the year to Sep 18, 2026, RDVI paid 8.8% of its starting value in cash distributions while its price rose 9.6%. With every distribution reinvested, the fund returned +19.2%. US dividend stocks (SCHD), used as the dividend proxy returned +27.2% over the same days, so a holder was behind by 8.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.8%, paid monthly.
TPAY in plain words
Over the period since launch on Feb 18, 2026 to Sep 18, 2026, TPAY paid 5.8% of its starting value in cash distributions while its price rose 4.9%. With every distribution reinvested, the fund returned +11.0%. S&P 500 (SPY) returned +11.8% over the same days, so a holder was behind by 0.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.5%, paid monthly.
Questions people ask
- Which is cheaper, RDVI or TPAY?
- RDVI charges 0.75% a year and TPAY charges 0.49%, so TPAY is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, RDVI against TPAY, data as of Sep 18, 2026. https://etfiq.com/compare/income/rdvi-vs-tpay Free to use with attribution; the underlying files are at Open data.