FT Vest Rising Dividend Achievers Target Income ETF RDVI
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
FT Vest Rising Dividend Achievers Target Income ETF (RDVI) Investment Strategy and Portfolio Holdings Overview
Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in dividend-paying securities and/or investments that provide exposure to dividend-paying securities. In furtherance of its objectives, the adviser seeks to make distributions from stock dividends and option premiums at an annual rate that is approximately 8.0% over the current annual dividend yield of the S&P 500 ® Index. The fund is non-diversified.
Key Insights
FT Vest Rising Dividend Achievers Target Income ETF (RDVI) Essential ETF Metrics and Performance Data
Latest Closing Price
$23.85Market Cap
$1.86 BillionAverage Trade Volume
642,263 SharesTotal Outstanding Shares
80.15 Million SharesInception Date
October 20, 2022Primary Exchange
BATS Global Markets
Short Volume
Daily short volume activity identifies short-term trading pressure and potential price volatility
Revenue Breakdown
Distribution of revenue across unique business segments & geographies
Historical Stock Splits
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