First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ) belongs to the S&P 500 category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with KNGZ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to KNGZ
KNGZ charges 0.50% annually. There are 70 ETFs in the S&P 500 category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street SPDR Portfolio S&P 500 ETF | 0.02% | 148.87B | Nov 2005 | KNGZ vs SPYM | |
| iShares Core S&P 500 ETF | 0.03% | 837.93B | May 2000 | KNGZ vs IVV | |
| Vanguard S&P 500 ETF | 0.03% | 1.70T | Sep 2010 | KNGZ vs VOO | |
| State Street SPDR Portfolio S&P 500 Growth ETF | 0.04% | 52.13B | Sep 2000 | KNGZ vs SPYG | |
| SPDR Portfolio S&P 500 Value ETF | 0.04% | 35.07B | Sep 2000 | KNGZ vs SPYV |
Best Risk-Adjusted Alternatives to KNGZ
KNGZ has a PortfoliosLab risk / return rank of 61. There are 59 ETFs in the S&P 500 category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 19.60M | Apr 2025 | KNGZ vs CPSP | |
| PGIM S&P 500 Max Buffer ETF - May | 97 | — | Apr 2025 | KNGZ vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | 96 | 56.30M | May 2024 | KNGZ vs CPSM | |
| PGIM S&P 500 Max Buffer ETF - February | 95 | — | Jan 2025 | KNGZ vs PMFB | |
| Calamos S&P 500 Structured Alt Protection ETF - Se... | 95 | 32.00M | Sep 2024 | KNGZ vs CPST |
Top Performing KNGZ Alternatives (YTD)
KNGZ is at 14.09% YTD. There are 16 ETFs in the S&P 500 category with higher YTD returns, going as high as 108.71%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily S&P 500 High Beta Bull 3X Shares | 108.71% | 98.97M | Nov 2019 | KNGZ vs HIBL | |
| Invesco S&P 500 Equal Weight Technology ETF | 42.08% | 6.46B | Jan 2006 | KNGZ vs RSPT | |
| Invesco S&P 500 Pure Growth ETF | 36.60% | 2.27B | Mar 2006 | KNGZ vs RPG | |
| Invesco S&P 500 Momentum ETF | 36.08% | 21.99B | Oct 2015 | KNGZ vs SPMO | |
| Invesco S&P 500® High Beta ETF | 34.45% | 1.08B | May 2011 | KNGZ vs SPHB |
Lowest Volatility Alternatives to KNGZ
KNGZ has 13.75% 1-year volatility. There are 79 ETFs in the S&P 500 category with lower 1-year volatility, going as low as 1.29%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - May | 1.29% | — | Apr 2025 | KNGZ vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.37% | 19.60M | Apr 2025 | KNGZ vs CPSP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | 1.65% | 56.30M | May 2024 | KNGZ vs CPSM | |
| Calamos S&P 500 Structured Alt Protection ETF - Ju... | 1.90% | 22.10M | Jun 2025 | KNGZ vs CPSU | |
| PGIM S&P 500 Max Buffer ETF - June | 1.91% | — | May 2025 | KNGZ vs PMJN |
Lowest Drawdown Alternatives to KNGZ
KNGZ has a 1-year max drawdown of -9.41%. There are 65 ETFs in the S&P 500 category with shallower 1-year drawdowns, going as shallow as -0.37%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 19.60M | Apr 2025 | KNGZ vs CPSP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.30M | May 2024 | KNGZ vs CPSM | |
| PGIM S&P 500 Max Buffer ETF - May | -0.60% | — | Apr 2025 | KNGZ vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ju... | -1.03% | 22.10M | Jun 2025 | KNGZ vs CPSU | |
| PGIM S&P 500 Max Buffer ETF - June | -1.15% | — | May 2025 | KNGZ vs PMJN |
Other ETFs from First Trust
The 10 most viewed First Trust ETFs shown here include CIBR, GRID, NFTY and span 13 categories. AUM among these funds goes as high as $14B.
Often Compared With KNGZ
Investors most often compare KNGZ with RDVY, SHRY, DIVO. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare KNGZ with Any Fund or Stock
Compare KNGZ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair KNGZ with funds that move differently
First Trust S&P 500 Diversified Dividend Aristocrats ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to KNGZ.
Explore KNGZ Diversifiers