RDVI vs VOO
FT Vest Rising Dividend Achievers Target Income ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | RDVI | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.03% | |
| AUM | $3.8B | $997.4B | |
| Dividend Yield | 7.74% | 1.08% | |
| Holdings | 73 | 509 | |
| YTD Return | +13.19% | +13.49% | |
| 1Y Return | +20.17% | +20.64% | |
| 3Y Return (annualized) | +18.85% | +21.93% | |
| 5Y Return (annualized) | - | +12.95% | |
| Volatility (annualized) | 15.0% | 14.1% | |
| Max Drawdown | -18.4% | -34.3% | |
| Fund Family | First Trust Portfolios (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Oct 19, 2022 | Sep 7, 2010 |
RDVI vs VOO Performance
FT Vest Rising Dividend Achievers Target Income ETF (RDVI) is a ETF from First Trust Portfolios (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year RDVI returned +20.17% while VOO returned +20.64%. Year to date, RDVI is up 13.19% versus a gain of 13.49% for VOO.
Over three years, RDVI compounded at +18.85% per year against +21.93% for VOO. Across the full 4-year window we track, RDVI has the edge at +19.68% annualized vs +13.51%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RDVI has been the more volatile fund, with annualized monthly volatility of 15.0% compared with 14.1% for VOO. 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 -18.4% for RDVI and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
RDVI charges 0.75% per year while VOO charges 0.03%. On a $10,000 position that is $75 vs $3 annually, a gap of $72 per year that compounds over a long holding period. On income, RDVI currently yields 7.74% against 1.08% for VOO.
Holdings Overlap
RDVI and VOO share 63 holdings out of 513 unique holdings combined, representing a 23.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, RDVI or VOO?
RDVI has an expense ratio of 0.75% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $72 per year of difference.
Which performed better, RDVI or VOO?
Over the past year RDVI returned +20.17% vs +20.64% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (4 years), RDVI annualized +19.68% vs +13.51% for VOO. Past performance does not guarantee future results.
Which is riskier, RDVI or VOO?
RDVI has been the more volatile fund at 15.0% annualized versus 14.1% for VOO. Worst drawdown: RDVI -18.4% vs VOO -34.3%.
Should I hold both RDVI and VOO?
RDVI and VOO have a monthly-return correlation of 0.78, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between RDVI and VOO?
RDVI and VOO share 63 common holdings with a 23.5% weight overlap. Combined, they hold 513 unique securities.
Which pays a higher dividend, RDVI or VOO?
RDVI yields 7.74% while VOO yields 1.08%, so RDVI currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.