FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG)
KNG is a passive ETF by First Trust tracking the investment results of the Cboe S&P 500 Dividend Aristocrats Target Income Index Monthly Series. KNG launched on Mar 26, 2018 and has a 0.75% expense ratio.
ETF Info
| ISIN | US26922A5377 |
|---|---|
| CUSIP | 33739Q705 |
| Issuer | First Trust |
| Inception Date | Mar 26, 2018 |
| Region | North America (U.S.) |
| Category | Dividend, Derivative Income |
| Leveraged | 1x |
| Index Tracked | Cboe S&P 500 Dividend Aristocrats Target Income Index Monthly Series |
| Distribution Policy | Distributing |
| Home Page | www.ftportfolios.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
KNG features an expense ratio of 0.75%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: KNG vs. NOBL, KNG vs. JEPI, KNG vs. SCHD, KNG vs. DIVO, KNG vs. SPY, KNG vs. IDAIX, KNG vs. VYM, KNG vs. XYLD, KNG vs. NUSI, KNG vs. DHS
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF had a return of 11.94% year-to-date (YTD) and 19.12% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 11.94% | 25.48% |
| 1 month | -0.80% | 2.14% |
| 6 months | 6.60% | 12.76% |
| 1 year | 19.12% | 33.14% |
| 5 years (annualized) | 8.91% | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of KNG, 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 | -0.40% | 2.39% | 4.16% | -3.95% | 1.40% | -1.29% | 4.56% | 3.18% | 2.15% | -2.97% | 11.94% | ||
| 2023 | 3.13% | -2.35% | 1.02% | 1.96% | -5.64% | 7.83% | 2.38% | -1.92% | -5.29% | -3.28% | 6.06% | 4.38% | 7.48% |
| 2022 | -4.12% | -2.95% | 3.93% | -2.65% | -0.64% | -6.42% | 6.33% | -2.74% | -9.27% | 10.29% | 6.92% | -4.00% | -7.03% |
| 2021 | -1.91% | 3.11% | 7.17% | 4.04% | 2.55% | -1.24% | 2.04% | 1.78% | -5.57% | 5.83% | -1.80% | 7.21% | 24.78% |
| 2020 | -2.50% | -9.40% | -13.40% | 10.92% | 4.62% | 1.16% | 4.67% | 4.35% | -1.38% | -2.46% | 11.85% | 1.61% | 7.21% |
| 2019 | 5.95% | 4.42% | 1.74% | 1.45% | -5.40% | 6.88% | 0.99% | -0.65% | 3.12% | 1.15% | 2.94% | 1.83% | 26.64% |
| 2018 | 0.89% | -0.46% | 0.48% | 1.58% | 4.01% | 1.37% | 1.12% | -4.98% | 4.15% | -8.32% | -0.84% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of KNG is 69, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF provided a 8.45% dividend yield over the last twelve months, with an annual payout of $4.54 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $4.54 | $3.06 | $2.05 | $1.97 | $1.72 | $1.89 | $1.32 |
Dividend yield | 8.45% | 5.91% | 4.01% | 3.45% | 3.62% | 4.09% | 3.46% |
Monthly Dividends
The table displays the monthly dividend distributions for FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.37 | $0.37 | $0.38 | $0.37 | $0.38 | $0.37 | $0.38 | $0.38 | $0.39 | $0.39 | $0.00 | $3.80 | |
| 2023 | $0.00 | $0.00 | $0.51 | $0.00 | $0.00 | $0.51 | $0.00 | $0.56 | $0.38 | $0.36 | $0.37 | $0.38 | $3.06 |
| 2022 | $0.00 | $0.00 | $0.52 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.53 | $2.05 |
| 2021 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.49 | $0.00 | $0.00 | $0.51 | $1.97 |
| 2020 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $0.46 | $1.72 |
| 2019 | $0.00 | $0.00 | $0.46 | $0.00 | $0.00 | $0.47 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.49 | $1.89 |
| 2018 | $0.41 | $0.00 | $0.00 | $0.46 | $0.00 | $0.00 | $0.45 | $1.32 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF. 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 FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF was 35.12%, occurring on Mar 23, 2020. Recovery took 141 trading sessions.
The current FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF drawdown is 1.47%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -35.12% | Jan 21, 2020 | 44 | Mar 23, 2020 | 141 | Oct 12, 2020 | 185 |
| -18.2% | Jan 5, 2022 | 186 | Sep 30, 2022 | 202 | Jul 24, 2023 | 388 |
| -14.99% | Sep 24, 2018 | 62 | Dec 24, 2018 | 65 | Mar 29, 2019 | 127 |
| -11.98% | Jul 27, 2023 | 66 | Oct 27, 2023 | 79 | Feb 22, 2024 | 145 |
| -7.05% | Oct 13, 2020 | 12 | Oct 28, 2020 | 8 | Nov 9, 2020 | 20 |
Volatility
Volatility Chart
The current FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF volatility is 2.69%, 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.