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FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) Sharpe Ratio: 1.07

ETF · Currency in USD · Last updated Jun 25, 2026

The FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) seeks investment results that correspond generally to the price and yield, before fees and expenses, of the Cboe S&P 500 Dividend Aristocrats Target Income Index Monthly Series. The fund holds Dividend Aristocrats stocks and covered call options designed to generate target income.

KNG's Sharpe Ratio of 1.07 indicates that for each unit of volatility, it generates 1.07 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 25, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

KNG Sharpe Ratio Rank

KNG Sharpe Ratio Rank: 32.032
Below Average

KNG ranks above 32.0% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

KNG Sharpe Ratio Market Positioning

The chart shows KNG's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.82 or lower
  • Yellow zone (middle 50%): 0.82 to 2.07
  • Green zone (top 25%): 2.07 or higher
  • Top 1%: 6.80+
  • Median: 1.50 — half of all investments score higher

How it compares to other similar ETFs

The table compares FT Vest S&P 500 Dividend Aristocrats Target Income ETF's Sharpe Ratio with other ETFs in the Dividend, S&P 500 category across multiple time periods, showing how KNG's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 25, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
CPSPCalamos S&P 500 Structured Alt Protection ETF - April4.78
PMMYPGIM S&P 500 Max Buffer ETF - May3.96
PMFBPGIM S&P 500 Max Buffer ETF - February3.37
PMJAPGIM S&P 500 Max Buffer ETF - January3.36
LVHIFranklin International Low Volatility High Dividend Index ETF3.28
CPSTCalamos S&P 500 Structured Alt Protection ETF - September3.28
CPSMCalamos S&P 500 Structured Alt Protection ETF - May3.00
HIBLDirexion Daily S&P 500 High Beta Bull 3X Shares2.92
CPSDCalamos S&P 500 Structured Alt Protection ETF - December2.92
CPSLCalamos Laddered S&P 500 Structured Alt Protection ETF2.85
KNGFT Vest S&P 500 Dividend Aristocrats Target Income ETF1.07

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows KNG's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when KNG consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does KNG fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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