RDVI was created on 2022-10-19 by FT Vest. The fund's investment portfolio concentrates primarily on income alternatives. The ETF currently has 3140.36m in AUM and 75 holdings. RDVI seeks a target level of current income and capital appreciation by holding a portfolio of dividend-paying US equities, while utilizing a naked call writing strategy on the S&P 500 Index or related ETF. The fund is actively managed.