FT Vest Rising Dividend Achievers Target Income ETF
First Trust Exchange-Traded Fund IV · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
FT Vest Rising Dividend Achievers Target Income ETF is a U.S. equity index ETF that tracks the Nasdaq US Rising Dividend Achievers Index. 8% of RDVI’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 97% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- ETF
Fund profile
As filed in the prospectus · 2026 Q1
The FT Vest Rising Dividend Achievers Target Income ETF (the "Fund" ) seeks to provide investors with current income with a secondary objective of providing capital appreciation.
The fund invests in dividend-growing stocks from the Nasdaq US Rising Dividend Achievers Index, selected for increases in dividend value over three and five year periods, and writes short-dated call options on the S&P 500 Index and related exchange-traded funds to generate additional income, targeting distributions approximately 8% annually before fees. Day-to-day portfolio management is delegated to Vest Financial, LLC as sub-adviser. When the S&P 500 Index or an underlying ETF appreciates above a call option's strike price, the fund must pay the difference or deliver shares, potentially requiring sales of equity holdings to meet those obligations. The fund's total return may lag that of the S&P 500 Index because capital appreciation is capped by the options sold.
| Share class | Expense ratio |
|---|---|
| RDVI | 0.75% |
Portfolio turnover 106.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 99.97% |
| Cash & short-term | 0.15% |
| Derivatives | -0.13% |
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
Derivatives are shown at market value, not notional exposure.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Financials | 32.8% |
| Information Technology | 21.4% |
| Industrials | 16.3% |
| Consumer Discretionary | 10.4% |
| 6 smaller | 19.3% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| LRCX | LAM RESEARCH CORPLRCX | 3.70% | $257.86 | $113.85M | 441.5K |
| AMAT | APPLIED MATERIALS INCAMAT | 3.32% | $394.49 | $101.98M | 258.5K |
| GEV | GE VERNOVA INCGEV | 3.13% | $1,083.46 | $96.15M | 88.7K |
| KLAC | KLA CORPKLAC | 3.05% | $1,750.35 | $93.73M | 53.5K |
| GOOGL | ALPHABET INCGOOGL | 2.84% | $384.80 | $87.34M | 227.0K |
| MPWR | MONOLITHIC POWER SYSTEMS INCMPWR | 2.63% | $1,614.41 | $80.84M | 50.1K |
| BKR | BAKER HUGHES COMPANYBKR | 2.58% | $69.67 | $79.43M | 1.1M |
| ROST | ROSS STORES INCROST | 2.46% | $227.79 | $75.68M | 332.2K |
| MLI | MUELLER INDUSTRIES INCMLI | 2.44% | $135.43 | $75.01M | 553.9K |
| BNY | BANK OF NEW YORK MELLON CORP (THE)BNY | 2.27% | $134.37 | $69.62M | 518.1K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
Top 10 positions are 28.42% of net assets, top 25 56.29%, across 75 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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