TDVI ETF — FT Vest Technology Dividend Target Income ETF

FT Vest Technology Dividend Target Income ETF (TDVI)

Updated October 8, 2026.

TDVI is an ETF. its distribution rate is 7.91%, its trailing-12-month yield is 7.48%, its expense ratio is 0.75%. Dividend Vision Distribution Safety Score™ is 90/100 (Safe). Total return is 103.0% over the past 3.2 years, 22.4 points ahead of SPY at 80.6%.

At the current 7.91% distribution rate, a $10,000 investment would generate approximately $791 per year, or $65.92 per month.

FT Vest Technology Dividend Target Income ETF is an actively managed fund that seeks current income and capital appreciation by holding dividend-paying U.S. technology companies while writing call options on the Nasdaq-100 and/or S&P 500. The fund distributes a high current dividend yield monthly and carries an expense ratio of 0.75%. It appeals to income-focused investors seeking regular distributions from technology stocks, though the covered call strategy caps upside potential.

TDVI performance versus SPY

Price and return data through 2026-10-08.

Total return is 103.0% over the past 3.2 years, 22.4 points ahead of SPY at 80.6%. Over the past year its total return — price change plus distributions reinvested — is 16.1%. Its deepest 1-year drawdown was 16.0%.

TDVI key facts

Distribution Safety Score™

90 · Safe

Safety-Adjusted Yield

7.12%

Issuer

First Trust

Asset type

ETF

Asset class

Equity

Inception date

08/09/2023

Expense ratio

0.75%

Distribution rate

7.91%

Distribution frequency

Monthly

Trailing yield

7.48%

Last close

$31.25 (as of 2026-10-08)

AUM

$632,910,512

Average volume

565508.0

Last dividend

$0.206

Last ex-dividend date

09/24/2026

Last payment date

09/30/2026

Beta

1.29

P/E ratio

22.2299

How Dividend Vision calculates yield and returns

Distribution rate (7.91%) 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 (7.48%) 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. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: First Trust or company page; 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.

TDVI risks and drawbacks

The deepest 1-year drawdown on record here is 16.0%.

Who may consider TDVI — and who may not

TDVI may suit someone looking for a high Distribution Safety Score. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from First Trust.