RDVI Stock Summary and Trading Ideas (FT Vest Rising Dividend Achievers Target Income ETF | BATS:RDVI)

The FT Vest Rising Dividend Achievers Target Income ETF seeks to provide investors with current income with a secondary objective of providing capital appreciation. Under normal market conditions, the Fund will pursue its investment objective by investing primarily in U.S. exchange-traded equity securities contained in the Nasdaq US Rising Dividend Achievers Index and by utilizing an "option strategy" consisting of writing (selling) U.S. exchange-traded call options on the S&P 500 Index or exchange-traded funds that track the S&P 500 Index.

FT Vest Rising Dividend Achievers Target Income ETF trades on the BATS stock market under the symbol RDVI.

As of March 3, 2025, RDVI stock price declined to $24.40 with 666,432 million shares trading.

RDVI has a beta of 0.84, meaning it tends to be less sensitive to market movements. RDVI has a correlation of 0.51 to the broad based SPY ETF.

RDVI has a market cap of $1.78 billion. This is considered a Small Cap stock.

RDVI has underperformed the market in the last year with a return of +15.2%, while the SPY ETF gained +16.7%. In the last 3 month period, RDVI fell short of the market, returning -4.9%, while SPY returned -2.2%. However, in the most recent 2 weeks RDVI has outperformed the stock market by returning -3.4%, while SPY returned -4.3%.

RDVI support price is $24.60 and resistance is $25.08 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RDVI shares will trade within this expected range on the day.