Dividend Kings

Performance

Risk-Adjusted Performance

Dividends

Drawdowns

Volatility

Diversification

Dividend Kings

Last updated May 18, 2024

Dividend Kings portfolio is a collection of stocks in companies with a history of paying and increasing dividends to shareholders for 50 consecutive years or more. The stocks in this portfolio are equally weighted, meaning each stock represents an equal portion of the portfolio rather than being weighted based on market capitalization or other factors. The Dividend Kings portfolio aims to provide a steady income stream for the investor.

Asset Allocation

Position	Category/Sector	Weight
ABBV AbbVie Inc.	Healthcare	2.13%
ABM ABM Industries Incorporated	Industrials	2.13%
ABT Abbott Laboratories	Healthcare	2.13%
AWR American States Water Company	Utilities	2.13%
BDX Becton, Dickinson and Company	Healthcare	2.13%
BKH Black Hills Corporation	Utilities	2.13%
CBSH Commerce Bancshares, Inc.	Financial Services	2.13%
CDUAF Canadian Utilities Limited	Utilities	2.13%
CINF Cincinnati Financial Corporation	Financial Services	2.13%
CL Colgate-Palmolive Company	Consumer Defensive	2.13%
CWT California Water Service Group	Utilities	2.13%
DOV Dover Corporation	Industrials	2.13%
EMR Emerson Electric Co.	Industrials	2.13%
FMCB Farmers & Merchants Bancorp	Financial Services	2.13%
FRT Federal Realty Investment Trust	Real Estate	2.13%
FUL H.B. Fuller Company	Basic Materials	2.13%
GPC Genuine Parts Company	Consumer Cyclical	2.13%
GRC The Gorman-Rupp Company	Industrials	2.13%
GWW W.W. Grainger, Inc.	Industrials	2.13%
HRL Hormel Foods Corporation	Consumer Defensive	2.13%
ITW		2.13%
JNJ		2.13%
KMB		2.13%
KO		2.13%
LANC		2.13%
LEG		2.13%
LOW		2.13%
MMM		2.13%
MO		2.13%
MSA		2.13%
MSEX		2.13%
NDSN		2.13%
NFG		2.13%
NWN		2.13%
PEP		2.13%
PG		2.13%
PH		2.13%
PPG		2.13%
SCL		2.13%
SJW		2.13%
SWK		2.13%
SYY		2.13%
TGT		2.13%
TNC		2.13%
TR		2.13%
UVV		2.13%
VFC		2.13%

Benchmark

S&P 500

Rebalance portfolio

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Dividend Kings, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly

Dividend Kings

Benchmark (^GSPC)

Portfolio components

The earliest data available for this chart is Dec 10, 2012, corresponding to the inception date of ABBV

Returns By Period

As of May 18, 2024, the Dividend Kings returned 3.49% Year-To-Date and 10.09% of annualized return in the last 10 years.

	Year-To-Date	1 month	6 months	1 year	5 years (annualized)	10 years (annualized)
^GSPC S&P 500	11.18%	5.60%	17.48%	26.33%	13.16%	10.99%
Dividend Kings	3.49%	3.16%	10.38%	8.21%	8.08%	10.05%
Portfolio components:
MO	16.78%	9.48%	18.13%	11.11%	5.81%	7.67%
VFC	-31.75%	-0.55%	-25.07%	-30.24%	-29.50%	-11.69%
UVV	-17.37%	5.07%	3.40%	8.49%	7.26%	5.48%
MMM	17.45%	14.08%	34.68%	34.48%	-0.64%	2.92%
CDUAF Canadian Utilities Limited	-0.59%	7.46%	4.61%	-12.50%	1.67%	-0.10%
LEG	-52.75%	-33.90%	-46.74%	-60.07%	-16.55%	-6.02%
ABBV AbbVie Inc.	9.43%	0.01%	22.62%	19.34%	20.94%	16.74%
FRT Federal Realty Investment Trust	0.37%	2.57%	12.93%	20.48%	-0.99%	1.99%
NWN	1.52%	3.60%	6.21%	-9.32%	-7.56%	2.29%
KMB	11.61%	5.88%	12.98%	-3.85%	4.10%	5.88%
BKH Black Hills Corporation	7.83%	6.36%	12.58%	-5.57%	-2.27%	3.50%
SWK	-7.30%	0.90%	-0.01%	14.60%	-5.69%	2.74%
NFG	13.92%	5.95%	12.80%	13.57%	3.62%	0.45%
KO	7.81%	4.75%	11.84%	3.52%	8.68%	7.89%
JNJ	-0.59%	4.55%	4.85%	0.31%	5.12%	7.18%
PEP	8.09%	4.63%	10.93%	-2.22%	10.23%	11.03%
CINF Cincinnati Financial Corporation	16.83%	0.09%	20.69%	17.70%	6.65%	12.75%
PG	15.86%	6.01%	12.39%	12.25%	12.31%	10.73%
CL Colgate-Palmolive Company	19.49%	8.03%	26.01%	20.70%	8.22%	5.98%
SYY	5.16%	-1.07%	8.48%	6.69%	2.75%	10.49%
TGT	14.05%	-4.20%	25.05%	8.69%	20.11%	14.31%
GRC The Gorman-Rupp Company	-7.27%	-9.00%	3.02%	31.87%	2.68%	3.08%
HRL Hormel Foods Corporation	15.02%	4.52%	13.57%	-4.66%	0.52%	6.91%
EMR Emerson Electric Co.	17.09%	4.44%	27.66%	39.73%	14.38%	8.56%
ITW	-3.82%	0.06%	5.57%	12.33%	13.32%	13.94%
GPC Genuine Parts Company	11.12%	-5.85%	12.80%	-4.73%	12.04%	9.09%
LOW	4.87%	0.86%	14.57%	14.35%	17.95%	19.46%
PPG	-9.24%	3.21%	-0.10%	-3.77%	6.16%	4.92%
SJW	-6.82%	11.45%	-6.88%	-17.01%	1.11%	11.11%
ABM ABM Industries Incorporated	6.13%	6.27%	15.85%	10.31%	6.55%	8.11%
ABT Abbott Laboratories	-4.50%	-2.97%	5.59%	-2.51%	8.33%	12.29%
LANC	15.61%	2.48%	15.56%	-5.95%	7.31%	10.46%
CWT California Water Service Group	3.89%	17.03%	4.76%	-0.32%	2.81%	11.95%
FMCB Farmers & Merchants Bancorp	0.73%	8.36%	14.24%	11.77%	7.96%	11.72%
AWR American States Water Company	-2.10%	13.05%	-2.50%	-8.44%	2.90%	12.53%
CBSH Commerce Bancshares, Inc.	7.18%	5.78%	19.34%	25.69%	5.49%	8.40%
PH	19.01%	2.26%	26.73%	65.94%	28.97%	18.28%
TNC	13.45%	-8.70%	20.25%	36.58%	13.05%	6.58%
BDX Becton, Dickinson and Company	-2.70%	0.93%	2.12%	-4.75%	2.10%	9.30%
MSEX	-11.80%	19.86%	-11.81%	-22.45%	0.09%	13.30%
MSA	12.64%	2.31%	14.06%	33.14%	13.73%	15.95%
SCL	-6.47%	4.62%	10.07%	-1.81%	1.52%	6.79%
DOV Dover Corporation	20.06%	8.39%	34.51%	33.85%	15.94%	12.39%
NDSN	3.10%	4.65%	16.97%	26.49%	16.38%	14.94%
FUL H.B. Fuller Company	0.25%	5.77%	8.22%	24.78%	14.85%	7.04%
GWW W.W. Grainger, Inc.	14.58%	0.53%	18.37%	39.97%	30.17%	16.19%
TR	-8.02%	-1.99%	-6.99%	-18.69%	-2.71%	3.95%

Monthly Returns

The table below presents the monthly returns of Dividend Kings, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2024	-2.63%	3.22%	3.98%	-3.48%									3.49%
2023	2.38%	-2.32%	-0.31%	0.52%	-5.88%	6.24%	2.09%	-3.06%	-6.03%	-2.60%	6.56%	5.91%	2.43%
2022	-4.38%	-2.05%	1.37%	-2.97%	0.09%	-5.34%	5.59%	-2.86%	-9.07%	11.00%	6.65%	-3.76%	-7.25%
2021	-1.51%	2.48%	7.41%	3.42%	2.11%	-1.60%	2.33%	0.58%	-5.61%	5.35%	-1.85%	8.58%	22.89%
2020	-1.95%	-9.54%	-11.08%	9.97%	3.63%	1.68%	3.23%	4.58%	-2.22%	-1.28%	9.68%	2.27%	6.84%
2019	6.46%	4.09%	1.14%	1.28%	-5.13%	5.49%	1.68%	-1.17%	3.54%	2.38%	2.23%	2.80%	27.18%
2018	0.81%	-5.56%	0.01%	-0.74%	2.83%	2.09%	4.87%	1.38%	1.04%	-4.79%	4.24%	-6.20%	-0.80%
2017	0.44%	2.49%	0.79%	0.53%	-0.63%	1.73%	1.43%	-1.81%	3.66%	1.93%	4.27%	0.15%	15.86%
2016	-0.44%	2.58%	7.02%	1.36%	1.27%	3.76%	2.86%	-0.25%	-0.82%	-2.82%	4.89%	2.03%	23.20%
2015	-3.60%	4.51%	-1.05%	-0.85%	1.13%	-0.62%	0.33%	-4.62%	-1.31%	7.95%	1.07%	-1.85%	0.47%
2014	-3.94%	3.79%	2.03%	-0.24%	1.27%	2.70%	-5.19%	4.40%	-2.50%	6.49%	1.93%	1.22%	11.91%
2013	5.95%	2.63%	3.90%	1.25%	1.35%	-0.99%	6.38%	-5.57%	5.19%	3.73%	1.92%	2.20%	31.06%

Expense Ratio

Dividend Kings has an expense ratio of 0.00%, indicating no management fees are charged. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.

The portfolio doesn't hold funds that charge fees

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of Dividend Kings is 6, indicating that it is in the bottom 6% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

Dividend Kings

Sharpe Ratio Rank

Sortino Ratio Rank

Omega Ratio Rank

Calmar Ratio Rank

Martin Ratio Rank

The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Dividend Kings

^GSPC

Portfolio components

	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
MO	0.64	0.94	1.14	0.51	1.87
VFC	-0.62	-0.72	0.92	-0.42	-1.80
UVV	0.39	0.77	1.09	0.33	0.67
MMM	1.21	1.81	1.25	0.62	3.59
CDUAF Canadian Utilities Limited	-0.62	-0.79	0.90	-0.41	-0.85
LEG	-1.49	-2.29	0.64	-0.80	-2.20
ABBV AbbVie Inc.	1.14	1.58	1.22	1.01	4.04
FRT Federal Realty Investment Trust	0.84	1.38	1.15	0.51	2.84
NWN	-0.40	-0.41	0.95	-0.21	-0.81
KMB	-0.23	-0.21	0.97	-0.20	-0.32
BKH Black Hills Corporation	-0.26	-0.21	0.98	-0.16	-0.41
SWK	0.46	0.90	1.10	0.22	1.24
NFG	0.69	1.17	1.13	0.42	2.17
KO	0.23	0.41	1.05	0.17	0.51
JNJ	0.02	0.14	1.02	0.01	0.03
PEP	-0.14	-0.09	0.99	-0.13	-0.25
CINF Cincinnati Financial Corporation	0.94	1.47	1.18	0.68	4.00
PG	0.77	1.18	1.15	1.04	2.94
CL Colgate-Palmolive Company	1.40	1.96	1.25	1.26	4.06
SYY	0.37	0.67	1.08	0.24	0.95
TGT	0.09	0.43	1.05	0.05	0.19
GRC The Gorman-Rupp Company	1.01	1.56	1.21	0.70	4.89
HRL Hormel Foods Corporation	-0.18	-0.08	0.99	-0.10	-0.28
EMR Emerson Electric Co.	1.82	2.82	1.38	1.71	7.82
ITW	0.72	1.06	1.14	0.78	1.73
GPC Genuine Parts Company	-0.22	-0.13	0.98	-0.18	-0.44
LOW	0.65	1.10	1.13	0.51	1.56
PPG	-0.19	-0.13	0.98	-0.12	-0.43
SJW	-0.82	-1.09	0.88	-0.52	-1.03
ABM ABM Industries Incorporated	0.23	0.60	1.09	0.30	0.54
ABT Abbott Laboratories	-0.13	-0.07	0.99	-0.07	-0.26
LANC	-0.25	-0.18	0.98	-0.25	-0.50
CWT California Water Service Group	-0.12	-0.00	1.00	-0.08	-0.21
FMCB Farmers & Merchants Bancorp	0.57	0.98	1.15	0.99	2.37
AWR American States Water Company	-0.58	-0.71	0.92	-0.38	-0.86
CBSH Commerce Bancshares, Inc.	0.82	1.39	1.16	0.57	3.04
PH	2.78	3.88	1.50	4.95	16.33
TNC	1.46	2.14	1.28	2.33	5.52
BDX Becton, Dickinson and Company	-0.23	-0.17	0.98	-0.25	-0.39
MSEX	-0.76	-0.99	0.89	-0.37	-0.89
MSA	1.49	2.30	1.28	1.65	4.19
SCL	-0.04	0.14	1.02	-0.02	-0.08
DOV Dover Corporation	1.69	2.48	1.31	1.20	6.04
NDSN	1.45	2.19	1.26	1.30	4.47
FUL H.B. Fuller Company	0.99	1.61	1.19	1.13	4.33
GWW W.W. Grainger, Inc.	2.06	2.80	1.37	2.86	6.33
TR	-0.85	-1.17	0.87	-0.50	-1.11

Sharpe Ratio

The current Dividend Kings Sharpe ratio is 0.61. This value is calculated based on the past 12 months of trading data and takes into account price changes and dividends.

Compared to the broad market, where average Sharpe ratios range from 1.77 to 2.60, this portfolio's current Sharpe ratio places it in the bottom 25%. This suggests that it may not be performing as well in terms of risk-adjusted returns compared to many other portfolios. The lower performance could be due to either lower returns, higher volatility, or a combination of both. This might indicate that the portfolio requires some fine-tuning. You can use the Portfolio Optimization tool to find an allocation that maximizes the Sharpe ratio.

Use the chart below to compare the Sharpe ratio of Dividend Kings with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Dividend Kings

Benchmark (^GSPC)

Portfolio components

Dividends

Dividend yield

Dividend Kings granted a 2.99% dividend yield in the last twelve months.

	TTM	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Dividend Kings	2.99%	2.88%	2.69%	2.23%	2.46%	2.29%	2.66%	2.20%	2.28%	2.58%	2.25%	2.31%
Portfolio components:
MO	8.42%	9.52%	8.05%	7.43%	8.29%	6.57%	6.07%	3.56%	3.48%	3.73%	4.06%	4.79%
VFC	6.11%	5.27%	7.28%	2.69%	2.26%	1.91%	2.65%	2.32%	2.87%	2.14%	1.48%	1.47%
UVV	5.92%	4.72%	5.95%	5.64%	6.30%	5.29%	4.80%	4.11%	3.33%	3.71%	4.64%	3.66%
MMM	4.28%	6.56%	5.94%	3.99%	4.02%	3.90%	3.41%	2.39%	2.97%	3.26%	2.49%	2.17%
CDUAF Canadian Utilities Limited	5.73%	5.52%	5.03%	4.85%	5.31%	4.23%	4.15%	3.95%	3.62%	4.11%	2.74%	4.28%
LEG	15.24%	6.95%	5.40%	4.03%	3.61%	3.11%	4.19%	2.98%	2.74%	3.00%	2.86%	3.81%
ABBV AbbVie Inc.	3.64%	3.82%	3.49%	3.84%	4.41%	4.83%	3.89%	2.65%	3.64%	3.41%	2.54%	3.03%
FRT Federal Realty Investment Trust	4.25%	4.21%	4.26%	3.12%	4.96%	3.22%	3.42%	2.98%	2.70%	2.48%	2.47%	2.98%
NWN	5.05%	4.99%	4.06%	3.94%	4.16%	2.58%	3.13%	3.16%	3.13%	3.68%	3.70%	4.26%
KMB	3.54%	3.88%	3.42%	3.19%	3.17%	3.00%	3.51%	3.22%	3.22%	2.77%	2.65%	2.85%
BKH Black Hills Corporation	4.49%	4.63%	3.43%	3.25%	3.53%	2.61%	3.07%	3.01%	2.74%	3.49%	2.94%	2.89%
SWK	3.58%	3.28%	4.23%	1.58%	1.56%	1.63%	2.15%	1.43%	1.97%	2.01%	2.12%	2.45%
NFG	3.50%	3.91%	2.97%	2.83%	4.30%	3.72%	3.30%	3.00%	2.84%	3.67%	2.20%	2.09%
KO	2.96%	3.12%	2.77%	2.84%	2.99%	2.89%	3.29%	3.23%	3.38%	3.07%	2.89%	2.71%
JNJ	3.08%	3.00%	2.52%	2.45%	2.53%	2.57%	2.74%	2.38%	2.73%	2.87%	2.64%	2.83%
PEP	2.78%	2.91%	2.50%	2.45%	2.71%	2.77%	3.25%	2.64%	2.83%	2.76%	2.68%	2.70%
CINF Cincinnati Financial Corporation	2.55%	2.90%	2.70%	2.21%	2.75%	2.13%	2.74%	3.32%	2.52%	3.84%	3.35%	3.12%
PG	2.28%	2.55%	2.38%	2.08%	2.24%	2.37%	3.09%	2.98%	3.18%	3.31%	2.78%	2.91%
CL Colgate-Palmolive Company	2.06%	2.40%	2.36%	2.10%	2.05%	2.48%	2.79%	2.11%	2.37%	2.25%	2.05%	2.04%
SYY	2.63%	2.71%	2.51%	2.34%	2.42%	1.82%	2.30%	2.17%	2.24%	2.20%	2.95%	3.91%
TGT	2.75%	3.06%	2.66%	1.37%	1.52%	2.03%	3.81%	3.74%	3.21%	2.97%	2.50%	2.50%
GRC The Gorman-Rupp Company	2.19%	1.98%	2.67%	1.43%	1.82%	1.47%	7.68%	1.42%	1.31%	1.43%	1.09%	0.95%
HRL Hormel Foods Corporation	3.07%	3.43%	2.28%	2.01%	2.00%	1.86%	1.76%	1.87%	2.50%	1.26%	1.54%	1.51%
EMR Emerson Electric Co.	1.86%	2.14%	2.15%	2.18%	2.49%	2.58%	3.26%	2.76%	3.42%	3.94%	2.85%	2.37%
ITW	2.20%	2.07%	2.30%	1.91%	2.17%	2.30%	2.81%	1.71%	1.96%	2.23%	1.91%	1.90%
GPC Genuine Parts Company	2.52%	2.74%	2.06%	2.33%	3.15%	2.87%	3.00%	2.84%	2.75%	2.86%	2.16%	2.58%
LOW	1.90%	1.93%	1.86%	1.08%	1.40%	1.72%	1.93%	1.64%	1.77%	1.34%	1.19%	1.37%
PPG	1.93%	1.70%	1.92%	1.31%	1.46%	1.48%	1.82%	1.46%	1.65%	1.43%	1.13%	1.28%
SJW	2.60%	2.33%	1.77%	1.86%	1.85%	1.69%	2.01%	1.63%	1.44%	2.62%	2.33%	2.44%
ABM ABM Industries Incorporated	1.89%	1.96%	1.76%	1.86%	1.47%	2.40%	2.18%	1.80%	1.62%	1.69%	2.18%	2.12%
ABT Abbott Laboratories	2.04%	1.85%	1.71%	1.28%	1.32%	1.47%	1.55%	1.86%	2.71%	2.14%	1.95%	1.46%
LANC	1.83%	2.07%	1.65%	1.84%	1.55%	1.66%	1.39%	1.74%	1.45%	5.96%	1.90%	1.84%
CWT California Water Service Group	1.99%	2.01%	1.65%	1.28%	1.57%	1.53%	1.57%	1.59%	2.04%	2.88%	2.64%	2.77%
FMCB Farmers & Merchants Bancorp	1.61%	1.62%	1.54%	1.59%	1.94%	1.85%	1.99%	2.00%	2.05%	2.39%	2.74%	3.00%
AWR American States Water Company	2.20%	2.06%	1.65%	1.35%	1.61%	1.34%	1.58%	1.72%	2.01%	2.08%	2.21%	2.65%
CBSH Commerce Bancshares, Inc.	1.85%	1.95%	1.43%	1.34%	1.37%	1.21%	1.26%	1.20%	1.11%	1.38%	1.29%	1.19%
PH	1.11%	1.25%	1.73%	1.25%	1.29%	1.65%	1.97%	1.32%	1.80%	2.60%	1.61%	1.38%
TNC	1.04%	1.16%	1.65%	1.16%	1.27%	1.13%	1.63%	1.16%	1.14%	1.42%	1.08%	1.06%
BDX Becton, Dickinson and Company	1.57%	1.51%	1.38%	1.34%	1.28%	1.14%	1.34%	1.37%	1.64%	1.60%	1.60%	1.84%
MSEX	2.25%	1.92%	1.50%	0.92%	1.44%	1.54%	1.71%	2.15%	1.88%	2.92%	3.31%	3.59%
MSA	1.02%	1.11%	1.26%	1.16%	1.14%	1.30%	1.58%	1.78%	1.89%	2.92%	2.32%	2.30%
SCL	1.68%	1.55%	1.29%	1.01%	0.95%	1.00%	1.25%	1.06%	0.95%	1.47%	1.72%	0.99%
DOV Dover Corporation	1.11%	1.32%	1.48%	1.10%	1.56%	1.68%	2.36%	1.18%	1.50%	1.75%	1.41%	0.67%
NDSN	0.99%	1.01%	0.98%	0.71%	0.77%	0.90%	1.09%	0.78%	0.91%	1.43%	1.03%	0.89%
FUL H.B. Fuller Company	1.03%	0.99%	1.03%	0.82%	1.25%	1.23%	1.44%	1.10%	1.14%	1.40%	1.03%	0.74%
GWW W.W. Grainger, Inc.	0.81%	0.88%	1.22%	1.23%	1.45%	1.68%	1.90%	2.14%	2.08%	2.27%	1.64%	1.41%
TR	1.19%	1.08%	0.85%	1.27%	1.21%	1.05%	1.04%	0.93%	0.82%	1.11%	0.96%	1.01%

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.

Dividend Kings

Benchmark (^GSPC)

Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the Dividend Kings. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Dividend Kings was 33.07%, occurring on Mar 23, 2020. Recovery took 141 trading sessions.

The current Dividend Kings drawdown is 2.17%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-33.07%	Jan 21, 2020	44	Mar 23, 2020	141	Oct 12, 2020	185
-19%	Jan 5, 2022	186	Sep 30, 2022	—	—	—
-13.12%	Sep 24, 2018	64	Dec 24, 2018	36	Feb 15, 2019	100
-10.04%	Jan 29, 2018	39	Mar 23, 2018	86	Jul 26, 2018	125
-10.01%	Dec 30, 2014	165	Aug 25, 2015	48	Nov 2, 2015	213

Volatility

Volatility Chart

The current Dividend Kings volatility is 2.14%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

Dividend Kings

Benchmark (^GSPC)

Portfolio components

Diversification

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

	FMCB	CDUAF	ABBV	TGT	HRL	TR	UVV	MO	MSEX	BDX	KMB	SJW	JNJ	NWN	LANC	ABT	AWR	NFG	VFC	CWT	FRT	PG	SYY	LOW	CL	PEP	GWW	BKH	KO	TNC	GRC	CBSH	ABM	MSA	SCL	LEG	SWK	CINF	NDSN	PPG	EMR	FUL	PH	MMM	GPC	DOV	ITW
FMCB	1.00	0.04	0.01	0.02	0.01	0.02	0.00	-0.00	0.03	0.01	-0.01	0.04	-0.01	0.03	0.02	-0.00	0.02	0.01	0.02	0.02	0.03	-0.02	0.01	0.01	-0.01	0.01	0.02	0.01	0.02	-0.01	0.01	0.02	0.03	0.00	0.03	0.00	0.01	0.01	0.02	-0.00	0.00	0.02	0.02	0.01	0.03	0.02	0.02
CDUAF	0.04	1.00	0.17	0.12	0.13	0.11	0.15	0.19	0.16	0.16	0.16	0.15	0.15	0.20	0.13	0.17	0.17	0.22	0.18	0.19	0.20	0.17	0.18	0.15	0.18	0.18	0.14	0.25	0.21	0.17	0.14	0.16	0.17	0.15	0.16	0.18	0.17	0.16	0.16	0.19	0.19	0.20	0.18	0.18	0.18	0.21	0.19
ABBV	0.01	0.17	1.00	0.25	0.21	0.21	0.22	0.27	0.20	0.41	0.29	0.20	0.45	0.19	0.25	0.44	0.21	0.24	0.24	0.22	0.25	0.32	0.27	0.27	0.32	0.32	0.27	0.24	0.31	0.24	0.27	0.27	0.28	0.28	0.27	0.29	0.29	0.31	0.30	0.33	0.32	0.30	0.30	0.35	0.31	0.29	0.35
TGT	0.02	0.12	0.25	1.00	0.26	0.24	0.25	0.27	0.21	0.27	0.25	0.21	0.28	0.20	0.27	0.32	0.23	0.26	0.44	0.23	0.31	0.29	0.32	0.46	0.29	0.29	0.35	0.24	0.29	0.31	0.32	0.34	0.32	0.32	0.31	0.39	0.38	0.34	0.37	0.35	0.36	0.35	0.36	0.37	0.43	0.37	0.39
HRL	0.01	0.13	0.21	0.26	1.00	0.41	0.27	0.41	0.29	0.33	0.50	0.30	0.36	0.34	0.42	0.30	0.33	0.30	0.23	0.33	0.31	0.46	0.35	0.27	0.50	0.50	0.25	0.37	0.43	0.21	0.24	0.24	0.28	0.24	0.28	0.28	0.25	0.34	0.25	0.28	0.21	0.25	0.22	0.32	0.33	0.25	0.30
TR	0.02	0.11	0.21	0.24	0.41	1.00	0.33	0.30	0.36	0.27	0.38	0.37	0.29	0.37	0.45	0.27	0.39	0.31	0.23	0.38	0.31	0.37	0.33	0.26	0.38	0.38	0.28	0.38	0.36	0.34	0.34	0.33	0.34	0.34	0.37	0.32	0.25	0.34	0.30	0.29	0.26	0.32	0.27	0.30	0.33	0.28	0.31
UVV	0.00	0.15	0.22	0.25	0.27	0.33	1.00	0.43	0.31	0.23	0.27	0.33	0.25	0.33	0.34	0.23	0.31	0.36	0.29	0.33	0.33	0.28	0.34	0.28	0.30	0.31	0.28	0.36	0.33	0.37	0.38	0.39	0.39	0.38	0.43	0.37	0.32	0.35	0.32	0.36	0.36	0.40	0.36	0.35	0.35	0.33	0.36
MO	-0.00	0.19	0.27	0.27	0.41	0.30	0.43	1.00	0.23	0.27	0.43	0.25	0.37	0.32	0.36	0.28	0.26	0.34	0.28	0.27	0.38	0.45	0.41	0.30	0.45	0.46	0.28	0.38	0.49	0.27	0.26	0.28	0.33	0.26	0.28	0.36	0.32	0.39	0.27	0.33	0.32	0.31	0.31	0.40	0.39	0.31	0.38
MSEX	0.03	0.16	0.20	0.21	0.29	0.36	0.31	0.23	1.00	0.26	0.30	0.62	0.28	0.51	0.40	0.29	0.65	0.36	0.26	0.66	0.36	0.31	0.27	0.28	0.30	0.34	0.26	0.52	0.33	0.32	0.38	0.29	0.36	0.34	0.36	0.30	0.27	0.34	0.29	0.29	0.25	0.32	0.26	0.30	0.29	0.29	0.32
BDX	0.01	0.16	0.41	0.27	0.33	0.27	0.23	0.27	0.26	1.00	0.35	0.27	0.48	0.26	0.31	0.58	0.29	0.27	0.29	0.30	0.27	0.38	0.30	0.34	0.39	0.39	0.32	0.32	0.37	0.28	0.30	0.29	0.30	0.36	0.32	0.32	0.37	0.37	0.39	0.39	0.36	0.36	0.35	0.41	0.35	0.36	0.42
KMB	-0.01	0.16	0.29	0.25	0.50	0.38	0.27	0.43	0.30	0.35	1.00	0.33	0.43	0.36	0.37	0.36	0.36	0.29	0.23	0.35	0.34	0.68	0.34	0.28	0.69	0.59	0.27	0.42	0.54	0.22	0.23	0.21	0.26	0.25	0.26	0.27	0.26	0.36	0.27	0.32	0.25	0.24	0.23	0.36	0.33	0.29	0.34
SJW	0.04	0.15	0.20	0.21	0.30	0.37	0.33	0.25	0.62	0.27	0.33	1.00	0.29	0.52	0.39	0.27	0.68	0.38	0.23	0.68	0.38	0.34	0.27	0.28	0.33	0.36	0.24	0.53	0.36	0.33	0.35	0.31	0.36	0.34	0.37	0.30	0.26	0.34	0.29	0.29	0.26	0.33	0.26	0.31	0.30	0.29	0.32
JNJ	-0.01	0.15	0.45	0.28	0.36	0.29	0.25	0.37	0.28	0.48	0.43	0.29	1.00	0.30	0.32	0.51	0.33	0.28	0.26	0.33	0.29	0.48	0.30	0.30	0.47	0.48	0.31	0.36	0.45	0.27	0.28	0.30	0.28	0.30	0.29	0.28	0.32	0.39	0.32	0.36	0.34	0.32	0.31	0.45	0.36	0.33	0.41
NWN	0.03	0.20	0.19	0.20	0.34	0.37	0.33	0.32	0.51	0.26	0.36	0.52	0.30	1.00	0.39	0.25	0.57	0.48	0.25	0.57	0.45	0.36	0.33	0.25	0.35	0.39	0.24	0.65	0.40	0.30	0.32	0.30	0.39	0.30	0.34	0.33	0.27	0.37	0.26	0.28	0.26	0.31	0.24	0.34	0.32	0.28	0.32
LANC	0.02	0.13	0.25	0.27	0.42	0.45	0.34	0.36	0.40	0.31	0.37	0.39	0.32	0.39	1.00	0.28	0.40	0.33	0.27	0.41	0.34	0.38	0.37	0.31	0.39	0.41	0.28	0.41	0.40	0.37	0.36	0.34	0.39	0.39	0.37	0.35	0.30	0.38	0.33	0.33	0.31	0.37	0.30	0.33	0.39	0.33	0.36
ABT	-0.00	0.17	0.44	0.32	0.30	0.27	0.23	0.28	0.29	0.58	0.36	0.27	0.51	0.25	0.28	1.00	0.30	0.26	0.34	0.30	0.29	0.41	0.31	0.39	0.41	0.40	0.36	0.30	0.39	0.31	0.32	0.32	0.31	0.38	0.34	0.35	0.42	0.38	0.42	0.44	0.39	0.38	0.38	0.44	0.37	0.42	0.45
AWR	0.02	0.17	0.21	0.23	0.33	0.39	0.31	0.26	0.65	0.29	0.36	0.68	0.33	0.57	0.40	0.30	1.00	0.38	0.25	0.80	0.39	0.37	0.29	0.28	0.37	0.41	0.26	0.58	0.38	0.34	0.34	0.31	0.35	0.33	0.37	0.30	0.26	0.38	0.31	0.30	0.26	0.31	0.26	0.30	0.31	0.30	0.33
NFG	0.01	0.22	0.24	0.26	0.30	0.31	0.36	0.34	0.36	0.27	0.29	0.38	0.28	0.48	0.33	0.26	0.38	1.00	0.33	0.41	0.42	0.31	0.35	0.30	0.32	0.31	0.36	0.52	0.35	0.37	0.37	0.39	0.41	0.37	0.41	0.41	0.36	0.41	0.39	0.38	0.43	0.40	0.40	0.37	0.41	0.42	0.41
VFC	0.02	0.18	0.24	0.44	0.23	0.23	0.29	0.28	0.26	0.29	0.23	0.23	0.26	0.25	0.27	0.34	0.25	0.33	1.00	0.25	0.40	0.26	0.41	0.44	0.25	0.28	0.37	0.29	0.32	0.40	0.39	0.47	0.39	0.43	0.41	0.54	0.51	0.42	0.47	0.48	0.46	0.47	0.48	0.46	0.50	0.48	0.49
CWT	0.02	0.19	0.22	0.23	0.33	0.38	0.33	0.27	0.66	0.30	0.35	0.68	0.33	0.57	0.41	0.30	0.80	0.41	0.25	1.00	0.41	0.36	0.29	0.28	0.36	0.39	0.26	0.58	0.38	0.34	0.37	0.32	0.37	0.36	0.38	0.32	0.28	0.38	0.32	0.31	0.27	0.34	0.27	0.31	0.31	0.31	0.34
FRT	0.03	0.20	0.25	0.31	0.31	0.31	0.33	0.38	0.36	0.27	0.34	0.38	0.29	0.45	0.34	0.29	0.39	0.42	0.40	0.41	1.00	0.34	0.43	0.36	0.35	0.36	0.31	0.47	0.38	0.34	0.34	0.37	0.38	0.33	0.34	0.47	0.38	0.44	0.34	0.39	0.37	0.39	0.36	0.38	0.43	0.37	0.39
PG	-0.02	0.17	0.32	0.29	0.46	0.37	0.28	0.45	0.31	0.38	0.68	0.34	0.48	0.36	0.38	0.41	0.37	0.31	0.26	0.36	0.34	1.00	0.37	0.32	0.73	0.64	0.31	0.42	0.60	0.25	0.26	0.23	0.29	0.28	0.30	0.29	0.30	0.40	0.31	0.35	0.32	0.29	0.29	0.40	0.37	0.34	0.39
SYY	0.01	0.18	0.27	0.32	0.35	0.33	0.34	0.41	0.27	0.30	0.34	0.27	0.30	0.33	0.37	0.31	0.29	0.35	0.41	0.29	0.43	0.37	1.00	0.38	0.39	0.42	0.36	0.36	0.43	0.34	0.37	0.39	0.39	0.36	0.38	0.45	0.39	0.46	0.37	0.43	0.41	0.41	0.42	0.39	0.46	0.39	0.44
LOW	0.01	0.15	0.27	0.46	0.27	0.26	0.28	0.30	0.28	0.34	0.28	0.28	0.30	0.25	0.31	0.39	0.28	0.30	0.44	0.28	0.36	0.32	0.38	1.00	0.32	0.33	0.44	0.29	0.32	0.38	0.40	0.40	0.37	0.40	0.37	0.50	0.54	0.40	0.50	0.48	0.46	0.45	0.48	0.45	0.52	0.47	0.51
CL	-0.01	0.18	0.32	0.29	0.50	0.38	0.30	0.45	0.30	0.39	0.69	0.33	0.47	0.35	0.39	0.41	0.37	0.32	0.25	0.36	0.35	0.73	0.39	0.32	1.00	0.65	0.32	0.43	0.60	0.26	0.26	0.24	0.30	0.30	0.30	0.30	0.32	0.40	0.30	0.36	0.30	0.29	0.30	0.40	0.37	0.33	0.39
PEP	0.01	0.18	0.32	0.29	0.50	0.38	0.31	0.46	0.34	0.39	0.59	0.36	0.48	0.39	0.41	0.40	0.41	0.31	0.28	0.39	0.36	0.64	0.42	0.33	0.65	1.00	0.31	0.44	0.71	0.27	0.26	0.23	0.30	0.28	0.29	0.30	0.31	0.40	0.30	0.36	0.30	0.28	0.27	0.39	0.37	0.32	0.39
GWW	0.02	0.14	0.27	0.35	0.25	0.28	0.28	0.28	0.26	0.32	0.27	0.24	0.31	0.24	0.28	0.36	0.26	0.36	0.37	0.26	0.31	0.31	0.36	0.44	0.32	0.31	1.00	0.29	0.31	0.45	0.44	0.44	0.41	0.46	0.42	0.45	0.50	0.44	0.55	0.48	0.58	0.47	0.58	0.48	0.55	0.57	0.60
BKH	0.01	0.25	0.24	0.24	0.37	0.38	0.36	0.38	0.52	0.32	0.42	0.53	0.36	0.65	0.41	0.30	0.58	0.52	0.29	0.58	0.47	0.42	0.36	0.29	0.43	0.44	0.29	1.00	0.47	0.31	0.35	0.32	0.39	0.33	0.34	0.36	0.29	0.43	0.32	0.34	0.32	0.34	0.30	0.36	0.37	0.33	0.36
KO	0.02	0.21	0.31	0.29	0.43	0.36	0.33	0.49	0.33	0.37	0.54	0.36	0.45	0.40	0.40	0.39	0.38	0.35	0.32	0.38	0.38	0.60	0.43	0.32	0.60	0.71	0.31	0.47	1.00	0.30	0.27	0.29	0.34	0.31	0.33	0.35	0.34	0.45	0.34	0.40	0.36	0.34	0.34	0.42	0.40	0.36	0.42
TNC	-0.01	0.17	0.24	0.31	0.21	0.34	0.37	0.27	0.32	0.28	0.22	0.33	0.27	0.30	0.37	0.31	0.34	0.37	0.40	0.34	0.34	0.25	0.34	0.38	0.26	0.27	0.45	0.31	0.30	1.00	0.54	0.50	0.50	0.51	0.53	0.49	0.50	0.44	0.54	0.45	0.52	0.53	0.55	0.47	0.48	0.53	0.55
GRC	0.01	0.14	0.27	0.32	0.24	0.34	0.38	0.26	0.38	0.30	0.23	0.35	0.28	0.32	0.36	0.32	0.34	0.37	0.39	0.37	0.34	0.26	0.37	0.40	0.26	0.26	0.44	0.35	0.27	0.54	1.00	0.48	0.47	0.53	0.53	0.46	0.51	0.43	0.52	0.47	0.52	0.53	0.55	0.46	0.48	0.53	0.55
CBSH	0.02	0.16	0.27	0.34	0.24	0.33	0.39	0.28	0.29	0.29	0.21	0.31	0.30	0.30	0.34	0.32	0.31	0.39	0.47	0.32	0.37	0.23	0.39	0.40	0.24	0.23	0.44	0.32	0.29	0.50	0.48	1.00	0.50	0.51	0.53	0.52	0.50	0.56	0.52	0.47	0.53	0.55	0.54	0.48	0.52	0.53	0.52
ABM	0.03	0.17	0.28	0.32	0.28	0.34	0.39	0.33	0.36	0.30	0.26	0.36	0.28	0.39	0.39	0.31	0.35	0.41	0.39	0.37	0.38	0.29	0.39	0.37	0.30	0.30	0.41	0.39	0.34	0.50	0.47	0.50	1.00	0.48	0.48	0.49	0.46	0.46	0.47	0.44	0.46	0.53	0.48	0.45	0.47	0.46	0.49
MSA	0.00	0.15	0.28	0.32	0.24	0.34	0.38	0.26	0.34	0.36	0.25	0.34	0.30	0.30	0.39	0.38	0.33	0.37	0.43	0.36	0.33	0.28	0.36	0.40	0.30	0.28	0.46	0.33	0.31	0.51	0.53	0.51	0.48	1.00	0.52	0.47	0.49	0.46	0.54	0.49	0.51	0.54	0.54	0.46	0.49	0.52	0.54
SCL	0.03	0.16	0.27	0.31	0.28	0.37	0.43	0.28	0.36	0.32	0.26	0.37	0.29	0.34	0.37	0.34	0.37	0.41	0.41	0.38	0.34	0.30	0.38	0.37	0.30	0.29	0.42	0.34	0.33	0.53	0.53	0.53	0.48	0.52	1.00	0.49	0.48	0.46	0.51	0.51	0.50	0.61	0.52	0.48	0.47	0.51	0.53
LEG	0.00	0.18	0.29	0.39	0.28	0.32	0.37	0.36	0.30	0.32	0.27	0.30	0.28	0.33	0.35	0.35	0.30	0.41	0.54	0.32	0.47	0.29	0.45	0.50	0.30	0.30	0.45	0.36	0.35	0.49	0.46	0.52	0.49	0.47	0.49	1.00	0.59	0.48	0.54	0.56	0.53	0.57	0.56	0.52	0.57	0.54	0.56
SWK	0.01	0.17	0.29	0.38	0.25	0.25	0.32	0.32	0.27	0.37	0.26	0.26	0.32	0.27	0.30	0.42	0.26	0.36	0.51	0.28	0.38	0.30	0.39	0.54	0.32	0.31	0.50	0.29	0.34	0.50	0.51	0.50	0.46	0.49	0.48	0.59	1.00	0.48	0.62	0.60	0.61	0.58	0.66	0.62	0.55	0.65	0.68
CINF	0.01	0.16	0.31	0.34	0.34	0.34	0.35	0.39	0.34	0.37	0.36	0.34	0.39	0.37	0.38	0.38	0.38	0.41	0.42	0.38	0.44	0.40	0.46	0.40	0.40	0.40	0.44	0.43	0.45	0.44	0.43	0.56	0.46	0.46	0.46	0.48	0.48	1.00	0.45	0.49	0.51	0.48	0.51	0.51	0.52	0.51	0.52
NDSN	0.02	0.16	0.30	0.37	0.25	0.30	0.32	0.27	0.29	0.39	0.27	0.29	0.32	0.26	0.33	0.42	0.31	0.39	0.47	0.32	0.34	0.31	0.37	0.50	0.30	0.30	0.55	0.32	0.34	0.54	0.52	0.52	0.47	0.54	0.51	0.54	0.62	0.45	1.00	0.57	0.63	0.58	0.66	0.54	0.56	0.65	0.65
PPG	-0.00	0.19	0.33	0.35	0.28	0.29	0.36	0.33	0.29	0.39	0.32	0.29	0.36	0.28	0.33	0.44	0.30	0.38	0.48	0.31	0.39	0.35	0.43	0.48	0.36	0.36	0.48	0.34	0.40	0.45	0.47	0.47	0.44	0.49	0.51	0.56	0.60	0.49	0.57	1.00	0.59	0.64	0.59	0.56	0.54	0.59	0.62
EMR	0.00	0.19	0.32	0.36	0.21	0.26	0.36	0.32	0.25	0.36	0.25	0.26	0.34	0.26	0.31	0.39	0.26	0.43	0.46	0.27	0.37	0.32	0.41	0.46	0.30	0.30	0.58	0.32	0.36	0.52	0.52	0.53	0.46	0.51	0.50	0.53	0.61	0.51	0.63	0.59	1.00	0.59	0.74	0.60	0.58	0.71	0.69
FUL	0.02	0.20	0.30	0.35	0.25	0.32	0.40	0.31	0.32	0.36	0.24	0.33	0.32	0.31	0.37	0.38	0.31	0.40	0.47	0.34	0.39	0.29	0.41	0.45	0.29	0.28	0.47	0.34	0.34	0.53	0.53	0.55	0.53	0.54	0.61	0.57	0.58	0.48	0.58	0.64	0.59	1.00	0.61	0.55	0.53	0.58	0.60
PH	0.02	0.18	0.30	0.36	0.22	0.27	0.36	0.31	0.26	0.35	0.23	0.26	0.31	0.24	0.30	0.38	0.26	0.40	0.48	0.27	0.36	0.29	0.42	0.48	0.30	0.27	0.58	0.30	0.34	0.55	0.55	0.54	0.48	0.54	0.52	0.56	0.66	0.51	0.66	0.59	0.74	0.61	1.00	0.60	0.59	0.73	0.73
MMM	0.01	0.18	0.35	0.37	0.32	0.30	0.35	0.40	0.30	0.41	0.36	0.31	0.45	0.34	0.33	0.44	0.30	0.37	0.46	0.31	0.38	0.40	0.39	0.45	0.40	0.39	0.48	0.36	0.42	0.47	0.46	0.48	0.45	0.46	0.48	0.52	0.62	0.51	0.54	0.56	0.60	0.55	0.60	1.00	0.53	0.59	0.67
GPC	0.03	0.18	0.31	0.43	0.33	0.33	0.35	0.39	0.29	0.35	0.33	0.30	0.36	0.32	0.39	0.37	0.31	0.41	0.50	0.31	0.43	0.37	0.46	0.52	0.37	0.37	0.55	0.37	0.40	0.48	0.48	0.52	0.47	0.49	0.47	0.57	0.55	0.52	0.56	0.54	0.58	0.53	0.59	0.53	1.00	0.57	0.61
DOV	0.02	0.21	0.29	0.37	0.25	0.28	0.33	0.31	0.29	0.36	0.29	0.29	0.33	0.28	0.33	0.42	0.30	0.42	0.48	0.31	0.37	0.34	0.39	0.47	0.33	0.32	0.57	0.33	0.36	0.53	0.53	0.53	0.46	0.52	0.51	0.54	0.65	0.51	0.65	0.59	0.71	0.58	0.73	0.59	0.57	1.00	0.71
ITW	0.02	0.19	0.35	0.39	0.30	0.31	0.36	0.38	0.32	0.42	0.34	0.32	0.41	0.32	0.36	0.45	0.33	0.41	0.49	0.34	0.39	0.39	0.44	0.51	0.39	0.39	0.60	0.36	0.42	0.55	0.55	0.52	0.49	0.54	0.53	0.56	0.68	0.52	0.65	0.62	0.69	0.60	0.73	0.67	0.61	0.71	1.00