TDVI
FT Vest Technology Dividend Target Income ETF
TVDI is an actively managed fund that seeks to provide a target level of current income and capital appreciation by holding a portfolio of dividend-paying US technology companies. The fund also utilizes a naked call writing option strategy on the Nasdaq 100 Index (NDX) and/or the S&P 500 Index (SPX) or related ETFs.
US
EQUITY
Active
MANAGEMENT STYLE
78.8 M
ASSETS UNDER MGMT
75 bp
EXPENSES
Fund Basics
| Fund sponsor | FT Vest |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Aug 08, 2023 |
| Assets (mns) | $78 |
| Expense ratio | 75 bp |
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | |
| Taxation | 1099 |
| Derivatives-based | Yes |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top Holdings
| MICROSOFT CORP | 9.1 % |
| BROADCOM INC. | 8.5 % |
| INTL BUSINESS MACHINES CORP | 8.1 % |
| TEXAS INSTRUMENTS INC | 6.6 % |
| ORACLE CORP | 6.6 % |
| TAIWAN SEMICONDUCTOR-SP ADR | 4.1 % |
| QUALCOMM INC | 3.7 % |
| ANALOG DEVICES INC | 2.7 % |
| VERIZON COMMUNICATIONS INC | 2.1 % |
| AT&T INC | 2.1 % |
Asset Allocation
Historical Performance
Standardized Performance (as of 04/30/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -7.8% | 2.6% | -- | -- | -- | -- | -- | 6.8% |
| Dividend Yield | 0.0% | 3.5% | -- | -- | -- | -- | -- | 6.0% |
| Total Returns | -7.8% | 6.1% | -- | -- | -- | -- | -- | 12.8% | Ann. Volatility | 33.9% | 24.1% | -- | -- | -- | -- | -- | 20.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.89 | 79% |
| MSCI EAFE | 0.61 | 37% |
| MSCI Emg Mkts | 0.64 | 21% |
Liquidity Measures
| Avg. volume (000) | 61 |
| ADV traded (mns) | $1 |
| Turnover | 1.8% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| Recent close | $22.83 |
| 30d moving avg. | $21.75 |
| Annualized volatility | 12.7% |
| Relative strength (RSI) | 51 |
| Short interest | 0.3% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Expense Analysis
| Peer Group | Active US Equity ETFs |
| # of ETFs | 308 |
| Avg. Expense Ratio | 67.1 bp |
| Std. Deviation | 37 bp |
| TDVI (75 bp) Percentile rank | 61 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| TDVI | 75.0 | 0.0 | 75 |
| Peer Avg. | 49.0 | 20.1 | 69.1 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .