Which paid more, RDVI or ULTY?

Over the year to Nov 4, 2026, RDVI paid 9.1% of its starting price in cash and ULTY paid 46.0%, so ULTY 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 ULTY?

With every distribution reinvested, RDVI returned +22.0% and ULTY −12.4% over the year to Nov 4, 2026.

Which is cheaper, RDVI or ULTY?

RDVI charges 0.75% a year and ULTY charges 1.30%, so RDVI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

RDVI vs ULTY: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, ULTY paid 46.0% of its price in cash against RDVI’s 9.1%, though RDVI returned more with it reinvested.

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Net assets on Nov 3, 2026: $3.9bn for FT Vest Rising Dividend Achievers Target Income ETF and $576m for YieldMax Ultra Option Income Strategy ETF.

RDVI on its own →ULTY on its own →

At a glance

9.1%

RDVI cash paid, 1 year

46.0%

ULTY cash paid, 1 year

+22.0%

RDVI total return, 1 year

−12.4%

ULTY 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% 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.

ULTY · 1 year to Nov 4, 2026 4.4 pts ahead of its own holdings

ULTY

−12.4%

Own

−16.8%

4.4 pts ahead of its own holdings

ULTY over 1 year: paid 46.0%, price −55.5%, total −12.4%, its own holdings −16.8%, +4.4 pts. Data to Nov 4, 2026.

its own holdings

−16.8%

ULTY

−12.4%

4.4 pts ahead of its own holdings

Total return, distributions reinvested

4.4 pts ahead of its own holdings

ULTY over 1 year: paid 46.0%, price −55.5%, total −12.4%, its own holdings −16.8%, +4.4 pts. Data to Nov 4, 2026.

its own holdings

−16.8%

ULTY

−12.4%

46.0% of it arrived as cash. Both charts share one scale, with zero at the line. ULTY over 1 year: paid 46.0%, price −55.5%, total −12.4%, its own holdings −16.8%, +4.4 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

RDVI costs 0.55 points a year less; their one-year returns differ by 34.4 points; RDVI is 6.8 times larger.

Points (pts) are percentage points.

RDVI vs ULTY: Dividend Yield & Total Return
Measure	RDVI	ULTY
Paid and earned
Measure	RDVI	ULTY
Total return, 1 year	+22.0%	−12.4%
Price change, 1 year	rose 12.2%	fell 55.5%
Return of capital, issuer estimate	40% of the Oct 30, 2026 payment	100% of the Nov 5, 2026 payment
Against its benchmark
Measure	RDVI	ULTY
Benchmark	First Trust Rising Dividend Achievers ETF, measured through RDVY	its own holdings
Cost and size
Measure	RDVI	ULTY
Expense ratio	0.75%	1.30%
Net assets, as of Nov 3, 2026	$3.9bn	$576m
Holdings
Measure	RDVI	ULTY
Holdings in common	8%

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

IQ Income Score92.5RDVI12.9ULTY

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

ULTY 12.9

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

Risk and return

Mar 8, 2024 to Oct 30, 2026 · 138 weekly returns

RDVI ULTY

Return

Total return edge RDVI +49.2% −3.8%

Annualized edge RDVI +16.3% −1.4%

Price return edge RDVI +18.8% −89.2%

Risk

Volatility edge RDVI 14.7% 24.1%

Max drawdown edge RDVI −16.4% −25.9%

Risk-adjusted

Sharpe edge RDVI 0.81 −0.12

Sortino edge RDVI 1.18 −0.15

Calmar edge RDVI 1.00 −0.06

Reading

From Mar 2024 to Oct 2026, RDVI returned more: +49.2% to −3.8%. RDVI swung less: 14.7% to 24.1%. RDVI fell less at its worst: −16.4% to −25.9%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: RDVI vs ULTY: Dividend Yield & Total Return
Measure	RDVI	ULTY	Edge	How it is measured
Return
Total return	+49.2%	−3.8%	RDVI	Price change plus distributions, reinvested.
Annualized	+16.3%	−1.4%	RDVI	Total return as a yearly rate.
Price return	+18.8%	−89.2%	RDVI	Price change alone, distributions left out.
Risk
Volatility	14.7%	24.1%	RDVI	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	10.1%	18.4%	RDVI	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−16.4%	−25.9%	RDVI	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.81	−0.12	RDVI	Return above Treasury bills per unit of volatility.
Sortino	1.18	−0.15	RDVI	Return above Treasury bills per unit of downside deviation.
Calmar	1.00	−0.06	RDVI	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 138 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, RDVI and ULTY hold 8% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026 and Nov 4, 2026.

50%

0 half 100%

half

8% in common

Positions both hold · largest shared weight first RDVI ULTY

NVIDIA Corporation 2.00% 2.72%

Meta Platforms, Inc. (Class A) 1.89% 2.22%

Lam Research Corporation 1.84% 4.00%

Alphabet Inc. (Class A) 1.57% 5.03%

Comfort Systems USA, Inc. 0.43% 3.17%

Only in one fund ↓

Only in RDVI

The Travelers Companies, Inc. 2.39%

Accenture plc 2.35%

Visa Inc. (Class A) 2.35%

Veralto Corporation 2.34%

Automatic Data Processing, Inc. 2.32%

The Allstate Corporation 2.23%

Expedia Group, Inc. 2.17%

Chubb Limited 2.16%

Only in ULTY

Analog Devices Inc 5.67%

Alibaba Group Holding Ltd 4.83%

MercadoLibre Inc 4.75%

Shopify Inc 4.74%

Space Exploration Technologies Corp 4.68%

VanEck Gold Miners ETF 4.60%

Advanced Micro Devices Inc 4.02%

Robinhood Markets Inc 3.79%

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 ULTY YieldMax Ultra Option Income Strategy ETF · Synthetic covered call on its own holdings, paying weekly

Issuer First Trust YieldMax

Strategy dividend stocks with call overlay synthetic covered call

Benchmark First Trust Rising Dividend Achievers ETF (RDVY) ULTY's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Nov 2, 2026)

Pays monthly weekly

Payout rate, annualized 8.3% 60.9%

Expense ratio 0.75% 1.30%

Cash paid, 1 year 9.1% 46.0%

Price change, 1 year +12.2% −55.5%

Total return, 1 year +22.0% −12.4%

Benchmark return, 1 year +22.2% −16.8%

Ahead or behind −0.2 pts +4.4 pts

Return of capital, latest estimate 40% 100%

Age 4.0 years 2.7 years

Net assets, as of Nov 3, 2026 $3.9bn $576m

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 ULTY: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	RDVI	ULTY	RDVI	ULTY	RDVI	ULTY
3 months	−1.9%	−8.3%	2.0%	14.3%	+0.6 pts	+3.4 pts
6 months	+7.9%	−9.9%	4.3%	26.6%	+0.1 pts	+1.6 pts
1 year	+22.0%	−12.4%	9.1%	46.0%	−0.2 pts	+4.4 pts
3 years	+76.0%	–	30.9%	–	−6.4 pts	–
Since launchNot the same days: RDVI Oct 2022 · ULTY Feb 2024	+106.5%	−1.9%	43.0%	87.9%	−8.4 pts	not measured

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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.

ULTY

Over the year to Nov 4, 2026, ULTY paid 46.0% of its starting value in cash distributions while its price fell 55.5%. With every distribution reinvested, the fund returned −12.4%. ULTY's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Nov 2, 2026) returned −16.8% over the same days, so a holder was ahead by 4.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 60.9%, paid weekly. YieldMax estimates that 100% of the distribution paid Nov 5, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, RDVI or ULTY?: Over the year to Nov 4, 2026, RDVI paid 9.1% of its starting price in cash and ULTY paid 46.0%, so ULTY 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 ULTY?: With every distribution reinvested, RDVI returned +22.0% and ULTY −12.4% over the year to Nov 4, 2026.
Which is cheaper, RDVI or ULTY?: RDVI charges 0.75% a year and ULTY charges 1.30%, so RDVI is cheaper. Fees come from each fund's prospectus.

Other comparisons

RDVI vs SIXH RDVI vs YYY RDVI vs YMAG RDVI vs ODTE ULTY vs RYLD ULTY vs SDVD ULTY vs TMGN ULTY vs VOOY

Where to next

First Trust Rising Dividend Achievers ETF (RDVY) →RDVI on its own →ULTY on its own →RDVI dividend history →RDVI holdings →ULTY dividend history →ULTY 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 ↗

ULTY filings on SEC EDGAR ↗

ULTY prospectus with the expense ratio (SEC) ↗

ULTY 19a-1 distribution notice ↗

YieldMax page for ULTY ↗

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 ULTY, data as of Nov 4, 2026. https://etfiq.com/compare/income/rdvi-vs-ulty

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