XVSP ETF — FT Vest SPCX & Target Income ETF

FT Vest SPCX & Target Income ETF (XVSP)

Updated October 23, 2026.

XVSP is an ETF. Its trailing-12-month yield is 2.60%, its expense ratio is 0.85%. Total return is 5.8% over the past 0.2 years, 6.4 points ahead of SPY at -0.6%.

This ETF pursues income generation through a non-diversified portfolio of Space Exploration Technologies Corp. (SpaceX) common stock combined with standardized and flexible exchange options strategies, primarily employing covered call techniques. The fund has an expense ratio of 0.85% and does not maintain a regular distribution schedule; its most recent distribution was special or one-time in nature and may not recur. This strategy appeals to investors seeking concentrated exposure to SpaceX with options-based income generation, though the single-stock focus and options complexity carry higher risk than diversified equity funds.

XVSP performance versus SPY

As of Oct 23, 2026

Total return is 5.8% over the past 0.2 years, 6.4 points ahead of SPY at -0.6%.

XVSP key facts

Issuer

First Trust

Asset type

ETF

Asset class

Equity

Inception date

08/26/2026

Expense ratio

0.85%

Trailing yield

2.60%

Last close

$31.13 (as of 2026-10-23)

AUM

$3,057,499

Average volume

7,057

Dividend

$0.398

Ex-dividend date

10/21/2026

Payment date

10/30/2026

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) has no calculation basis on file. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (2.60%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. 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; 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.

More on XVSP

• All tickers starting with X

Tagged: Covered Call, Options, Single.

Frequently asked questions

More securities from First Trust.