CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund (KNGLX) belongs to the Derivative Income category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with KNGLX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to KNGLX
KNGLX charges 1.20% annually. There are 20 mutual funds in the Derivative Income category with lower expense ratios, going as low as 0.44%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | 0.44% | 236.88M | Feb 2016 | KNGLX vs PUTW | |
| USCF Gold Strategy Plus Income Fund | 0.45% | — | Nov 2021 | KNGLX vs USG | |
| JPMorgan Equity Premium Income Fund Class I | 0.59% | — | Aug 2018 | KNGLX vs JEPIX | |
| Shelton Equity Income Fund | 0.72% | — | Sep 1996 | KNGLX vs EQTIX | |
| Cullen Enhanced Equity Income Fund | 0.75% | — | Dec 2015 | KNGLX vs ENHNX |
Best Risk-Adjusted Alternatives to KNGLX
KNGLX has a PortfoliosLab risk / return rank of 15. There are 17 mutual funds in the Derivative Income category with higher risk-adjusted ranks, going as high as 79.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Enhanced Large Cap Core Fund | 79 | — | Apr 2004 | KNGLX vs CII | |
| Invesco Income Advantage U.S. Fund | 63 | — | Mar 2006 | KNGLX vs SCAUX | |
| Virtus Equity & Convertible Income Fund | 62 | — | Feb 2007 | KNGLX vs NIE | |
| The Covered Bridge Fund | 58 | — | Sep 2013 | KNGLX vs TCBIX | |
| BlackRock High Equity Income Fund | 54 | — | Apr 1998 | KNGLX vs BMCIX |
Top Performing KNGLX Alternatives (YTD)
KNGLX is at 4.69% YTD. There are 14 mutual funds in the Derivative Income category with higher YTD returns, going as high as 14.92%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Catalyst Nasdaq-100 Hedged Equity Fund | 14.92% | — | Dec 2013 | KNGLX vs CLPAX | |
| BlackRock ESG Capital Allocation Term Trust | 11.26% | — | Sep 2021 | KNGLX vs ECAT | |
| Virtus Equity & Convertible Income Fund | 9.78% | — | Feb 2007 | KNGLX vs NIE | |
| Goldman Sachs International Equity Dividend and Pr... | 9.38% | — | Jan 2008 | KNGLX vs GIDHX | |
| BlackRock High Equity Income Fund | 9.23% | — | Apr 1998 | KNGLX vs BMCIX |
Lowest Volatility Alternatives to KNGLX
KNGLX has 10.86% 1-year volatility. There are 9 mutual funds in the Derivative Income category with lower 1-year volatility, going as low as 8.72%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| JPMorgan Equity Premium Income Fund Class I | 8.72% | — | Aug 2018 | KNGLX vs JEPIX | |
| The Covered Bridge Fund | 8.77% | — | Sep 2013 | KNGLX vs TCBIX | |
| JPMorgan Equity Premium Income Fund Class A | 8.78% | — | Aug 2018 | KNGLX vs JEPAX | |
| Crossmark Steward Covered Call Income Fund | 8.81% | — | Dec 2017 | KNGLX vs SCJIX | |
| Madison Covered Call & Equity Income Fund | 9.32% | — | Oct 2009 | KNGLX vs MENYX |
Lowest Drawdown Alternatives to KNGLX
KNGLX has a 1-year max drawdown of -8.90%. There are 10 mutual funds in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -5.26%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| The Covered Bridge Fund | -5.26% | — | Sep 2013 | KNGLX vs TCBIX | |
| Madison Covered Call & Equity Income Fund | -6.31% | — | Oct 2009 | KNGLX vs MENYX | |
| Cullen Enhanced Equity Income Fund | -6.34% | — | Dec 2015 | KNGLX vs ENHNX | |
| Invesco Income Advantage U.S. Fund | -7.05% | — | Mar 2006 | KNGLX vs SCAUX | |
| Shelton Equity Income Fund | -7.10% | — | Sep 1996 | KNGLX vs EQTIX |
Other Mutual Funds from CBOE Vest
The 2 most viewed CBOE Vest mutual funds shown here include BUIGX, BTCLX and span 2 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Cboe Vest US Large Cap 10% Buffer Fund | Options Trading | 70 | 6.26% | — | Aug 2016 | KNGLX vs BUIGX | |
| Vest Bitcoin Strategy Managed Volatility Fund Inve... | Cryptocurrency | 1 | -24.31% | — | Aug 2021 | KNGLX vs BTCLX |
Often Compared With KNGLX
Investors most often compare KNGLX with KNG, NOBL, DIVO. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare KNGLX with Any Fund or Stock
Compare KNGLX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair KNGLX with funds that move differently
CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to KNGLX.
Explore KNGLX Diversifiers