ARVR vs. KNG
ARVR (First Trust Indxx Metaverse ETF) and KNG (FT Vest S&P 500 Dividend Aristocrats Target Income ETF) are both exchange-traded funds - ARVR is a Technology Equities fund tracking the Indxx Metaverse Index - Benchmark TR Net, while KNG is a Dividend fund tracking the Cboe S&P 500 Dividend Aristocrats Target Income Index Monthly Series. Both are passively managed. Over the past 3 years, ARVR returned 20.44%/yr vs 7.56%/yr for KNG. At a 0.46 correlation, their price movements are largely independent. ARVR charges 0.70%/yr vs 0.75%/yr for KNG.
Performance
ARVR vs. KNG - Performance Comparison
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Returns By Period
In the year-to-date period, ARVR achieves a 14.15% return, which is significantly higher than KNG's 8.48% return.
ARVR
- 1D
- -1.79%
- 1M
- 0.16%
- 6M
- 9.85%
- YTD
- 14.15%
- 1Y
- 20.50%
- 3Y*
- 20.44%
- 5Y*
- —
- 10Y*
- —
KNG
- 1D
- 0.24%
- 1M
- 2.62%
- 6M
- 5.35%
- YTD
- 8.48%
- 1Y
- 11.29%
- 3Y*
- 7.56%
- 5Y*
- 5.84%
- 10Y*
- —
ARVR vs. KNG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ARVR First Trust Indxx Metaverse ETF | 14.15% | 29.07% | 10.11% | 43.39% | -17.45% |
KNG FT Vest S&P 500 Dividend Aristocrats Target Income ETF | 8.48% | 6.63% | 5.99% | 7.48% | -5.58% |
Correlation
The correlation between ARVR and KNG is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Apr 20, 2022 | 0.46 |
Over the past year, the correlation between ARVR and KNG has dropped to 0.14 - well below their long-term average of 0.46, suggesting their price drivers have been diverging.
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Return for Risk
ARVR vs. KNG — Risk / Return Rank
ARVR
KNG
ARVR vs. KNG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx Metaverse ETF (ARVR) and FT 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.
| ARVR | KNG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.19 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.16 | 1.32 | -0.16 |
| Martin ratioReturn relative to average drawdown | 3.42 | 3.30 | +0.12 |
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Drawdowns
ARVR vs. KNG - Drawdown Comparison
The maximum ARVR drawdown since its inception was -26.40%, smaller than the maximum KNG drawdown of -35.12%. Use the drawdown chart below to compare losses from any high point for ARVR and KNG.
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Drawdown Indicators
| ARVR | KNG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.40% | -35.12% | +8.72% |
Max Drawdown (1Y)Largest decline over 1 year | -17.73% | -8.61% | -9.12% |
Max Drawdown (3Y)Largest decline over 3 years | -21.46% | -14.24% | -7.22% |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.20% | — |
Current DrawdownCurrent decline from peak | -4.59% | -1.01% | -3.58% |
Average DrawdownAverage peak-to-trough decline | -5.85% | -4.11% | -1.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.01% | 3.43% | +2.58% |
Volatility
ARVR vs. KNG - Volatility Comparison
First Trust Indxx Metaverse ETF (ARVR) has a higher volatility of 9.25% compared to FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) at 3.43%. This indicates that ARVR'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.
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Volatility by Period
| ARVR | KNG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.25% | 3.43% | +5.82% |
Volatility (6M)Calculated over the trailing 6-month period | 18.17% | 7.80% | +10.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.78% | 10.52% | +11.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.77% | 13.60% | +10.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.77% | 17.13% | +6.64% |
ARVR vs. KNG - Expense Ratio Comparison
ARVR has a 0.70% expense ratio, which is lower than KNG's 0.75% expense ratio.
Dividends
ARVR vs. KNG - Dividend Comparison
ARVR's dividend yield for the trailing twelve months is around 0.66%, less than KNG's 8.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
ARVR First Trust Indxx Metaverse ETF | 0.66% | 0.53% | 0.81% | 0.11% | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% |
KNG FT Vest S&P 500 Dividend Aristocrats Target Income ETF | 8.22% | 8.61% | 9.08% | 5.91% | 4.00% | 3.45% | 3.62% | 4.09% | 3.46% |
Frequently Asked Questions
ARVR and KNG have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ARVR has higher volatility (9.25%) compared to KNG (3.43%). In terms of maximum drawdown, ARVR dropped -26.40% vs KNG's -35.12%.
On 3-year performance, ARVR leads with 20.44% vs 7.56% for KNG. On fees, ARVR is cheaper at 0.70% per year. On volatility, KNG has been the lower-risk option at 3.43%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, ARVR has performed better with a 20.44% return vs 7.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ARVR is cheaper with a 0.70% expense ratio, compared with 0.75% for KNG.
KNG has the higher dividend yield at 8.22%, compared with 0.66% for ARVR.
ARVR is categorized as Technology Equities, while KNG is Dividend. ARVR tracks Indxx Metaverse Index - Benchmark TR Net, while KNG tracks Cboe S&P 500 Dividend Aristocrats Target Income Index Monthly Series. Their fees differ too: 0.70% for ARVR and 0.75% for KNG.
KNG currently has the higher Sharpe Ratio (1.08 vs 0.95), 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.
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