Which is cheaper, RDVI or VOOY?

RDVI and VOOY both charge 0.75% a year, so neither is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

RDVI vs VOOY: Dividend Yield & Total Return

RDVI and VOOY both write options for income.

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Net assets: $3.9bn on Nov 3, 2026 for FT Vest Rising Dividend Achievers Target Income ETF, beside XFUNDS Large Cap Income ETF.

RDVI on its own →VOOY on its own →

At a glance

9.1%

RDVI cash paid, 1 year

1.5%

VOOY cash paid, since launch, Sep 2, 2026

+22.0%

RDVI total return, 1 year

+0.3%

VOOY total return, since launch, Sep 2, 2026

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.

VOOY · since launch to Nov 4, 2026 Not measured

VOOY

+0.3%

none

Not measured

VOOY since launch: paid 1.5%, price −1.2%, total +0.3%, not measured against a benchmark. Data to Nov 4, 2026.

VOOY

+0.3%

Total return, distributions reinvested

Not measured

VOOY since launch: paid 1.5%, price −1.2%, total +0.3%, not measured against a benchmark. Data to Nov 4, 2026.

VOOY

+0.3%

1.5% of it arrived as cash. Both charts share one scale, with zero at the line. VOOY since launch: paid 1.5%, price −1.2%, total +0.3%, not measured against a benchmark. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

Both cost 0.75% a year.

Points (pts) are percentage points.

RDVI vs VOOY: Dividend Yield & Total Return
Measure	RDVI	VOOY
Paid and earned
Measure	RDVI	VOOY
Total return, 1 year	+22.0%	not published
Price change	rose 12.2% (1 year)	fell 1.2% (since Sep 2, 2026)
Return of capital, issuer estimate	40% of the Oct 30, 2026 payment	26% of the Oct 7, 2026 payment
Against its benchmark
Measure	RDVI	VOOY
Benchmark	First Trust Rising Dividend Achievers ETF, measured through RDVY	not published
Cost and size
Measure	RDVI	VOOY
Expense ratio	0.75%	0.75%
Net assets	$3.9bn	not read by ETFIQ
Holdings
Measure	RDVI	VOOY
Holdings in common	not published

Method

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 VOOY XFUNDS Large Cap Income ETF · Option income

Issuer First Trust XFUNDS

Strategy dividend stocks with call overlay option income

Benchmark First Trust Rising Dividend Achievers ETF (RDVY) none

Pays monthly not established

Payout rate, annualized 8.3% 9.1%

Expense ratio 0.75% 0.75%

Cash paid, 1 year 9.1% 1.5% (since launch, Sep 2, 2026)

Price change, 1 year +12.2% −1.2% (since launch, Sep 2, 2026)

Total return, 1 year +22.0% +0.3% (since launch, Sep 2, 2026)

Benchmark return, 1 year +22.2% not published

Ahead or behind −0.2 pts not available

Return of capital, latest estimate 40% 26%

Age 4.0 years 63 days

Net assets $3.9bn not read by ETFIQ

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 VOOY: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	RDVI	VOOY	RDVI	VOOY	RDVI	VOOY
3 months	−1.9%	–	2.0%	–	+0.6 pts	–
6 months	+7.9%	–	4.3%	–	+0.1 pts	–
1 year	+22.0%	–	9.1%	–	−0.2 pts	–
3 years	+76.0%	–	30.9%	–	−6.4 pts	–
Since launchNot the same days: RDVI Oct 2022 · VOOY Sep 2026	+106.5%	+0.3%	43.0%	1.5%	−8.4 pts	not measured

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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.

VOOY

Over the period from its first trade on Sep 2, 2026 to Nov 4, 2026, VOOY paid 1.5% of its starting value in cash distributions while its price fell 1.2%. With every distribution reinvested, the fund returned +0.3%. At its price on Nov 4, 2026 the latest distribution annualizes to 9.1%, paid periodically. XFUNDS estimates that 26% of the distribution paid Oct 7, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which is cheaper, RDVI or VOOY?: RDVI and VOOY both charge 0.75% a year, so neither is cheaper. Fees come from each fund's prospectus.

Other comparisons

RDVI vs VAIE RDVI vs CDPI RDVI vs DDDD RDVI vs DJIA VOOY vs KNG VOOY vs SDVD VOOY vs FEPI VOOY vs DJIA

Where to next

First Trust Rising Dividend Achievers ETF (RDVY) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →RDVI on its own →VOOY on its own →RDVI dividend history →RDVI holdings →VOOY dividend history →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 ↗

VOOY filings on SEC EDGAR ↗

VOOY prospectus with the expense ratio (SEC) ↗

VOOY 19a-1 distribution notice ↗

XFUNDS page for VOOY ↗

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

How this is computed

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

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

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