XVTS - First Trust Exchange-Traded Fund IV - FT Vest TSLA & Target Income ETF
XVTS is an actively managed ETF aiming to generate enhanced monthly income from Tesla stock. The ETF targets an annualized distribution of 15%, less expenses, above the S&P 500 forward dividend yield by combining direct Tesla share ownership with a multi-layered options strategy including short-duration call option sales, synthetic replication via paired call and put options, US Treasury income, and Box Spread premiums. Positions are adjusted weekly based on market volatility.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $3.2M
- Beta
- 0.00
- 52-Week Range
- 30.28-35.38
- Dividend Yield
- $1.04
- IPO Date
- Aug 19, 2026
- Exchange
- CBOE
XVTS Options Snapshot
Options pricing data for XVTS is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The XVTS overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
XVTS fund facts: expense ratio 0.85%, assets under management $3.4M, NAV $33.52 as of the data source's update on Oct 8, 2026, 8 holdings in its latest file, launched Aug 18, 2026, issued by First Trust. See the XVTS holdings.
Frequently asked XVTS overview questions
- What is XVTS?
- XVTS is the ticker symbol for First Trust Exchange-Traded Fund IV - FT Vest TSLA & Target Income ETF, an listed exchange-traded fund. XVTS is an actively managed ETF aiming to generate enhanced monthly income from Tesla stock. The ETF targets an annualized distribution of 15%, less expenses, above the S&P 500 forward dividend yield by combining direct Tesla share ownership with a multi-layered options strategy including short-duration call option sales, synthetic replication via paired call and put options, US Treasury income, and Box Spread premiums. Listed on CBOE. XVTS is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What are XVTS's key statistics?
- First Trust Exchange-Traded Fund IV - FT Vest TSLA & Target Income ETF (XVTS) carries a market capitalization of $3.2M, 52-week range of 30.28-35.38. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does XVTS belong to?
- First Trust Exchange-Traded Fund IV - FT Vest TSLA & Target Income ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare XVTS's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the XVTS data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for XVTS, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.