AFGR vs. KNG
AFGR (First Trust Active Factor Large Cap Growth ETF) and KNG (FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF) are both exchange-traded funds - AFGR is a Large Cap Growth Equities fund actively managed by First Trust, while KNG is a Dividend fund tracking the Cboe S&P 500 Dividend Aristocrats Target Income Index Monthly Series. AFGR is actively managed, while KNG is passively managed. Over the past 5 years, AFGR returned 7.22%/yr vs 5.15%/yr for KNG. At a 0.45 correlation, their price movements are largely independent. AFGR charges 0.65%/yr vs 0.75%/yr for KNG.
Performance
AFGR vs. KNG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AFGR achieves a 1.90% return, which is significantly lower than KNG's 5.70% return.
AFGR
- 1D
- 0.27%
- 1M
- 0.10%
- YTD
- 1.90%
- 6M
- 1.80%
- 1Y
- 12.07%
- 3Y*
- 19.38%
- 5Y*
- 7.22%
- 10Y*
- —
KNG
- 1D
- 0.56%
- 1M
- 4.50%
- YTD
- 5.70%
- 6M
- 5.00%
- 1Y
- 10.67%
- 3Y*
- 7.51%
- 5Y*
- 5.15%
- 10Y*
- —
AFGR vs. KNG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AFGR First Trust Active Factor Large Cap Growth ETF | 1.90% | 17.28% | 25.96% | 45.21% | -39.18% | 13.23% | 21.39% |
KNG FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF | 5.70% | 6.63% | 5.99% | 7.48% | -7.03% | 24.78% | 14.24% |
Correlation
The correlation between AFGR and KNG is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Jul 22, 2020 | 0.45 |
Over the past year, the correlation between AFGR and KNG has dropped to 0.17 - well below their long-term average of 0.45, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AFGR vs. KNG — Risk / Return Rank
AFGR
KNG
AFGR vs. KNG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Active Factor Large Cap Growth ETF (AFGR) and FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AFGR | KNG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.18 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.61 | 1.24 | -0.64 |
| Martin ratioReturn relative to average drawdown | 1.74 | 3.17 | -1.43 |
Loading charts...
Drawdowns
AFGR vs. KNG - Drawdown Comparison
The maximum AFGR drawdown since its inception was -45.97%, which is greater than KNG's maximum drawdown of -35.12%. Use the drawdown chart below to compare losses from any high point for AFGR and KNG.
Loading charts...
Drawdown Indicators
| AFGR | KNG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.97% | -35.12% | -10.85% |
Max Drawdown (1Y)Largest decline over 1 year | -19.89% | -8.61% | -11.28% |
Max Drawdown (3Y)Largest decline over 3 years | -26.57% | -14.24% | -12.33% |
Max Drawdown (5Y)Largest decline over 5 years | -45.97% | -18.20% | -27.77% |
Current DrawdownCurrent decline from peak | -4.84% | -2.66% | -2.18% |
Average DrawdownAverage peak-to-trough decline | -14.30% | -4.13% | -10.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.94% | 3.38% | +3.56% |
Volatility
AFGR vs. KNG - Volatility Comparison
First Trust Active Factor Large Cap Growth ETF (AFGR) has a higher volatility of 5.45% compared to FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) at 2.80%. This indicates that AFGR's price experiences larger fluctuations and is considered to be riskier than KNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AFGR | KNG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.45% | 2.80% | +2.65% |
Volatility (6M)Calculated over the trailing 6-month period | 14.45% | 7.52% | +6.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.53% | 10.37% | +8.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.97% | 13.62% | +11.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.52% | 17.17% | +7.35% |
AFGR vs. KNG - Expense Ratio Comparison
AFGR has a 0.65% expense ratio, which is lower than KNG's 0.75% expense ratio.
Dividends
AFGR vs. KNG - Dividend Comparison
AFGR has not paid dividends to shareholders, while KNG's dividend yield for the trailing twelve months is around 8.38%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
AFGR First Trust Active Factor Large Cap Growth ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.25% | 0.00% | 0.00% |
KNG FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF | 8.38% | 8.61% | 9.08% | 5.91% | 4.00% | 3.45% | 3.62% | 4.09% | 3.46% |
Frequently Asked Questions
AFGR and KNG have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AFGR has higher volatility (5.45%) compared to KNG (2.80%). In terms of maximum drawdown, AFGR dropped -45.97% vs KNG's -35.12%.
On 5-year performance, AFGR leads with 7.22% vs 5.15% for KNG. On fees, AFGR is cheaper at 0.65% per year. On volatility, KNG has been the lower-risk option at 2.80%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, AFGR has performed better with a 7.22% return vs 5.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AFGR is cheaper with a 0.65% expense ratio, compared with 0.75% for KNG.
KNG has the higher dividend yield at 8.38%, compared with 0.00% for AFGR.
AFGR is categorized as Large Cap Growth Equities, while KNG is Dividend. Their fees differ too: 0.65% for AFGR and 0.75% for KNG.
KNG currently has the higher Sharpe Ratio (1.03 vs 0.65), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for AFGR and KNG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer