Asset Allocation
Find the right asset allocation for Dividend Kings
Add portfolio to the optimizer to find optimal allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
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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 Every 3 months.
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Returns By Period
As of Jun 9, 2026, the Dividend Kings returned 6.37% Year-To-Date and 8.68% of annualized return in the last 10 years.
| Position | 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.30% | 0.09% | 8.18% | 8.17% | 23.42% | 19.88% | 11.91% | 13.45% |
Portfolio Dividend Kings | -0.40% | 0.23% | 6.37% | 7.60% | 11.74% | 6.79% | 3.55% | 8.68% |
| Portfolio components: | ||||||||
ABBV AbbVie Inc. | -1.83% | 10.68% | -0.77% | 1.62% | 21.34% | 21.59% | 18.74% | 18.63% |
ABM ABM Industries Incorporated | -0.26% | 5.55% | 1.73% | -2.77% | -6.64% | -0.78% | -0.65% | 3.34% |
ABT Abbott Laboratories | -0.63% | 7.33% | -26.95% | -25.03% | -30.87% | -1.86% | -1.83% | 11.01% |
AWR American States Water Company | -1.89% | 0.27% | 7.54% | 8.56% | 3.04% | -3.03% | 1.21% | 8.51% |
BDX Becton, Dickinson and Company | -0.77% | 0.37% | -1.06% | 1.32% | 12.58% | -7.20% | -2.73% | 2.97% |
BKH Black Hills Corporation | -0.81% | -3.13% | 5.99% | 4.93% | 31.40% | 9.12% | 5.05% | 5.15% |
CBSH Commerce Bancshares, Inc. | 0.68% | 3.47% | 3.13% | 3.39% | -9.82% | 8.69% | -0.43% | 8.13% |
CDUAF Canadian Utilities Limited | -1.65% | 2.76% | 18.48% | 22.42% | 36.69% | 16.26% | 9.62% | 7.23% |
CINF Cincinnati Financial Corporation | -1.84% | 0.46% | -0.07% | 1.71% | 9.89% | 19.76% | 8.67% | 11.63% |
CL Colgate-Palmolive Company | -2.83% | -1.69% | 10.27% | 14.49% | -2.21% | 6.80% | 3.26% | 4.21% |
Monthly Returns
Based on dividend-adjusted daily data since Jan 3, 2013, Dividend Kings's average daily return is +0.04%, while the average monthly return is +0.90%. At this rate, an investment would double in approximately 6.4 years.
Historically, 62% of months were positive and 38% were negative. The best month was Oct 2022 with a return of +11.0%, while the worst month was Mar 2020 at -11.1%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.
On a daily basis, Dividend Kings closed higher 54% of trading days. The best single day was Mar 17, 2020 with a return of +9.6%, while the worst single day was Mar 16, 2020 at -9.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.97% | 4.92% | -6.64% | 3.05% | -0.86% | 0.31% | 6.37% | ||||||
| 2025 | 2.51% | 1.09% | -2.86% | -2.25% | 2.48% | -0.52% | 0.74% | 3.98% | -0.66% | -3.15% | 3.93% | 0.14% | 5.22% |
| 2024 | -2.63% | 3.21% | 3.98% | -3.45% | -0.61% | -0.51% | 8.75% | 1.17% | 1.06% | -3.28% | 5.38% | -7.38% | 4.70% |
| 2023 | 2.38% | -2.33% | -0.31% | 0.52% | -5.89% | 6.24% | 2.09% | -3.06% | -6.03% | -2.60% | 6.57% | 5.91% | 2.42% |
| 2022 | -4.38% | -2.05% | 1.37% | -2.97% | 0.09% | -5.34% | 5.59% | -2.87% | -9.06% | 11.00% | 6.65% | -3.76% | -7.25% |
| 2021 | -1.51% | 2.48% | 7.41% | 3.42% | 2.10% | -1.60% | 2.33% | 0.58% | -5.61% | 5.35% | -1.85% | 8.58% | 22.87% |
Benchmark Metrics
Dividend Kings has an annualized alpha of 0.64%, beta of 0.78, and R2 of 0.69 versus S&P 500 Index. Calculated based on daily prices since January 03, 2013.
- This portfolio participated in 86.77% of S&P 500 Index downside but only 80.17% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- 0.64%
- Beta
- 0.78
- R²
- 0.69
- Upside Capture
- 80.17%
- Downside Capture
- 86.77%
Expense Ratio
Dividend Kings has an expense ratio of 0.00%, meaning no management fees are charged. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Return for Risk
Risk / Return Rank
Dividend Kings ranks 11 for risk / return — in the bottom 11% of Portfolios on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below presents risk-adjusted performance metrics for Dividend Kings and compares them with S&P 500 Index.
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.90 | 1.94 | -1.04 |
| Sortino ratioReturn per unit of downside risk | 1.42 | 2.63 | -1.21 |
| Omega ratioGain probability vs. loss probability | 1.16 | 1.35 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.07 | 2.59 | -1.52 |
| Martin ratioReturn relative to average drawdown | 2.93 | 11.84 | -8.91 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.
| Position | Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio |
|---|---|---|---|---|---|---|
ABBV AbbVie Inc. | 66 | 0.88 | 1.37 | 1.17 | 1.24 | 2.77 |
ABM ABM Industries Incorporated | 31 | -0.24 | -0.14 | 0.98 | -0.28 | -0.55 |
ABT Abbott Laboratories | 5 | -1.27 | -1.71 | 0.77 | -0.79 | -1.79 |
AWR American States Water Company | 44 | 0.15 | 0.36 | 1.04 | 0.26 | 0.47 |
BDX Becton, Dickinson and Company | 56 | 0.51 | 1.04 | 1.11 | 0.56 | 1.32 |
BKH Black Hills Corporation | 82 | 1.56 | 2.23 | 1.28 | 3.02 | 9.08 |
CBSH Commerce Bancshares, Inc. | 24 | -0.47 | -0.49 | 0.93 | -0.42 | -0.68 |
CDUAF Canadian Utilities Limited | 92 | 2.29 | 3.14 | 1.44 | 6.89 | 17.11 |
CINF Cincinnati Financial Corporation | 57 | 0.50 | 0.83 | 1.10 | 0.95 | 2.47 |
CL Colgate-Palmolive Company | 35 | -0.10 | 0.01 | 1.00 | -0.12 | -0.20 |
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Dividends
Dividend yield
Dividend Kings provided a 2.75% dividend yield over the last twelve months.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 2.75% | 2.79% | 3.03% | 2.87% | 2.68% | 2.22% | 2.46% | 2.28% | 2.67% | 2.24% | 2.34% | 2.63% |
| Portfolio components: | ||||||||||||
ABBV AbbVie Inc. | 3.02% | 2.87% | 3.49% | 3.82% | 3.49% | 3.84% | 4.41% | 4.83% | 3.89% | 2.65% | 3.64% | 3.41% |
ABM ABM Industries Incorporated | 2.62% | 2.51% | 1.76% | 1.96% | 1.76% | 1.86% | 1.47% | 2.40% | 2.18% | 1.80% | 1.62% | 1.69% |
ABT Abbott Laboratories | 2.70% | 1.88% | 1.95% | 1.85% | 1.71% | 1.28% | 1.32% | 1.47% | 1.55% | 1.86% | 2.71% | 2.14% |
AWR American States Water Company | 2.62% | 2.68% | 2.30% | 2.06% | 1.65% | 1.35% | 1.61% | 1.34% | 1.58% | 1.72% | 2.01% | 2.08% |
BDX Becton, Dickinson and Company | 2.34% | 2.15% | 1.71% | 1.51% | 1.38% | 1.34% | 1.28% | 1.14% | 1.34% | 1.37% | 1.64% | 1.60% |
BKH Black Hills Corporation | 3.82% | 3.90% | 4.44% | 4.63% | 3.43% | 3.25% | 3.53% | 2.61% | 3.07% | 3.01% | 2.74% | 3.49% |
CBSH Commerce Bancshares, Inc. | 2.04% | 2.03% | 1.67% | 1.95% | 1.50% | 1.47% | 2.00% | 1.48% | 1.61% | 1.55% | 2.93% | 2.04% |
CDUAF Canadian Utilities Limited | 3.70% | 4.21% | 5.47% | 6.05% | 5.03% | 4.85% | 5.32% | 4.24% | 4.49% | 4.82% | 4.82% | 5.11% |
CINF Cincinnati Financial Corporation | 2.19% | 2.13% | 2.25% | 2.90% | 2.70% | 2.21% | 2.75% | 2.13% | 2.74% | 3.33% | 2.53% | 3.89% |
CL Colgate-Palmolive Company | 2.43% | 2.61% | 2.18% | 2.40% | 2.36% | 2.10% | 2.05% | 2.48% | 2.79% | 2.11% | 2.37% | 2.25% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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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 5.97%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -33.07%Mar 2020 | 2mo 2d | 6mo 23d | 8mo 25dJan 2020 - Oct 2020 |
Bear market2022 | -19.00%Sep 2022 | 8mo 28d | 1y 9mo | 2y 6moJan 2022 - Jul 2024 |
2025 selloff2025 | -16.58%Apr 2025 | 4mo 13d | 9mo 6d | 1y 1moNov 2024 - Jan 2026 |
Rate-hike selloffLate 2018 | -13.11%Dec 2018 | 3mo 1d | 1mo 23d | 4mo 24dSep 2018 - Feb 2019 |
2026 correction2026 | -11.01%Mar 2026 | 1mo 1d | — | 3mo 22dFeb 2026 - now |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 47 assets, with an effective number of assets of 47.00, reflecting the diversification based on asset allocation. Your capital is spread almost evenly across your holdings, indicating a well-balanced allocation. Note that true diversification also depends on the correlations between assets — check the diversification ratio below.
Diversification Ratio
1Y | 3Y | 5Y | 10Y | All Time | |
|---|---|---|---|---|---|
Diversification Ratio | 1.97 | 1.87 | 1.75 | 1.63 | 1.64 |
The portfolio has a diversification ratio of 1.64, in line with the typical range across portfolios. There's room to improve by adding less correlated assets.
Dividend Kings correlation to the S&P 500 Index
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2013 | 0.76 |
Benchmark Correlations
Correlation vs. S&P 500 Index. PH has the highest benchmark correlation at 0.68, while FMCB has the lowest at 0.03.
Portfolio Correlations
Correlation vs. Dividend Kings. ITW has the highest portfolio correlation at 0.78, while FMCB has the lowest at 0.09.
Asset Correlations Table
Find what Dividend Kings is missing
See which holdings overlap, where Dividend Kings is concentrated, and which low-correlation assets could fill the gaps.
Analyze Diversification