FVD vs RDVY
First Trust Value Line Dividend Index Fund vs First Trust Rising Dividend Achievers ETF
Which is better, FVD or RDVY?
RDVY has been ahead.
RDVY has a lower expense ratio. RDVY led over 1Y, 3Y, 5Y and the full window. FVD is less concentrated, with 4.5% of the fund in its ten largest positions against 23.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FVD | RDVY |
|---|---|---|
| Expense Ratio | 0.61% | 0.48%Best |
| AUM | $7.7B | $25.5B |
| Dividend Yield | 2.39% | 0.87% |
| Holdings | 486 | 144 |
| YTD Return | +6.50% | +13.24%Best |
| 1Y Return | +8.06% | +19.65%Best |
| 3Y Return (annualized) | +11.32% | +21.44%Best |
| 5Y Return (annualized) | +5.86% | +11.66%Best |
| Volatility (annualized) | 12.6%Best | 17.7% |
| Max Drawdown | -35.3%Best | -40.6% |
| $10,000 over 5 years | $13,294 | $17,358Best |
| Top 10 Weight | 4.5%Best | 23.8% |
| Fund Family | First Trust Portfolios (US) | First Trust Portfolios (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Aug 19, 2003 | Jan 6, 2014 |
Volatility and max drawdown are measured over the window both funds cover: Jan 7, 2014 to Oct 14, 2026 (12.8 years).
FVD vs RDVY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 12.8 years both funds cover.
FVD vs RDVY Performance
First Trust Value Line Dividend Index Fund (FVD) is an ETF from First Trust Portfolios (US) and First Trust Rising Dividend Achievers ETF (RDVY) is an ETF from First Trust Portfolios (US). Over the past year FVD returned +8.06% while RDVY returned +19.65%. Year to date, FVD is up 6.50% versus a gain of 13.24% for RDVY.
Over three years, FVD compounded at +11.32% per year against +21.44% for RDVY; over five years the annualized figures are +5.86% and +11.66% respectively. Across the full 13-year window we track, RDVY has the edge at +12.11% annualized vs +7.77%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RDVY has been the more volatile fund, with annualized monthly volatility of 17.7% compared with 12.6% for FVD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -35.3% for FVD and -40.6% for RDVY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FVD charges 0.61% per year while RDVY charges 0.48%. On a $10,000 position that is $61 vs $48 annually, a gap of $13 per year that compounds over a long holding period. On income, FVD currently yields 2.39% against 0.87% for RDVY.
Holdings Overlap
8.3% of FVD's money is in holdings RDVY also owns. 29.8% of RDVY's money is in holdings FVD also owns.
RDVY and FVD share little of their money.
20 positions in common, counted across the 239 positions we hold weights for in FVD and 72 in RDVY, against full books of 486 and 144.
What only one of them owns
Our book lists 51 positions for RDVY that do not appear in our book for FVD (69.5% of the fund), and 187 for FVD that do not appear in RDVY (78.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in FVD | Weight in RDVY | Difference |
|---|---|---|---|
| TRVTravelers Cos., Inc. | 0.41% | 2.20% | 1.79% |
| BNYBank Of New York Mellon Corp/The | 0.40% | 2.11% | 1.71% |
| ADPAutomatic Data Processing, Inc. | 0.41% | 2.03% | 1.62% |
| USBUs Bank Na Cincinnati | 0.41% | 2.00% | 1.59% |
| JPMJpmorgan Chase & Co. | 0.40% | 2.01% | 1.61% |
| CBChubb Ltd. | 0.42% | 1.97% | 1.55% |
| SNASnap-On Inc. | 0.43% | 1.90% | 1.47% |
| ALLAllstate Corp. | 0.39% | 1.93% | 1.54% |
| ACNAccenture Plc | 0.46% | 1.85% | 1.39% |
| BACBank Of America Corp. | 0.40% | 1.90% | 1.50% |
29.8% of RDVY is already inside FVD.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FVD or RDVY?
FVD has an expense ratio of 0.61% while RDVY charges 0.48%. RDVY is the cheaper option, by $13 a year on a $10,000 investment.
Which performed better, FVD or RDVY?
Over the past year FVD returned +8.06% vs +19.65% for RDVY, so RDVY leads on 1-year performance. Over the longest common window we track (13 years), FVD annualized +7.77% vs +12.11% for RDVY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FVD or RDVY?
RDVY has been the more volatile fund at 17.7% annualized versus 12.6% for FVD. Worst drawdown: FVD -35.3% vs RDVY -40.6%.
Should I hold both FVD and RDVY?
FVD and RDVY have a monthly-return correlation of 0.84, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between FVD and RDVY?
29.8% of RDVY's money is in holdings FVD also owns. 29.8% of RDVY's is in holdings FVD also owns. They hold 20 positions in common, counted across the 239 positions we hold weights for in FVD and 72 in RDVY.
Which pays a higher dividend, FVD or RDVY?
FVD yields 2.39% while RDVY yields 0.87%, so FVD currently pays the higher dividend yield.
Is RDVY better than FVD?
RDVY has a lower expense ratio. RDVY led over 1Y, 3Y, 5Y and the full window. FVD is less concentrated, with 4.5% of the fund in its ten largest positions against 23.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.