RDVY ETF — First Trust Rising Dividend Achievers ETF

First Trust Rising Dividend Achievers ETF (RDVY)

RDVY is an ETF that tracks the Basket (First Trust Rising Dividend Achievers ETF holdings). As of August 19, 2026, its distribution rate is 0.71%, its trailing-12-month yield is 0.82%, its expense ratio is 0.47%. Dividend Vision Distribution Safety Score™ is 73/100 (Generally safe). Fund total return is 412.5% over the past 12.6 years, 3.8 points behind SPY at 416.3%.

At the current 0.71% distribution rate, a $10,000 investment would generate approximately $71 per year, or $5.92 per month on an equivalent basis. Actual quarterly payments vary.

First Trust Rising Dividend Achievers ETF tracks the NASDAQ U.S. Rising Dividend Achievers Index, holding 50 large-cap stocks selected for demonstrable dividend growth over three- and five-year periods. The fund carries a modest distribution rate with quarterly distributions and an expense ratio of 0.47%. It appeals to income investors seeking exposure to companies with a track record of increasing payouts.

RDVY performance versus SPY

Data as of August 19, 2026.

Fund total return is 412.5% over the past 12.6 years, 3.8 points behind SPY at 416.3%. Its deepest 1-year drawdown was 9.0%.

RDVY key facts

Data as of August 19, 2026.

Distribution Safety Score™

73 · Generally safe

Safety-Adjusted Yield

0.52%

Issuer

First Trust

Asset type

ETF

Asset class

Equity

Inception date

01/06/2014

Expense ratio

0.47%

Distribution rate

0.71%

Distribution frequency

Quarterly

Trailing yield

0.82%

Last close

$82.81

AUM

$25,919,880,322

Average volume

1207387.0

Last dividend

$0.1470

Ex-dividend date

06/25/2026

Payment date

06/30/2026

Beta

0.93

P/E ratio

17.8248

How Dividend Vision calculates yield and returns

Distribution rate (0.71%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (0.82%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: First Trust fund page; Index: Basket (First Trust Rising Dividend Achievers ETF holdings); prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

RDVY risks and drawbacks

RDVY's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 9.0%.

Who may consider RDVY — and who may not

It is a weaker fit for investors who need monthly cash flow (RDVY pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More funds from First Trust.