DGT vs. KNG
Compare and contrast key facts about SPDR Global Dow ETF (DGT) and FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG).
DGT and KNG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DGT is a passively managed fund by State Street that tracks the performance of the Global Dow Index. It was launched on Sep 25, 2000. KNG is a passively managed fund by First Trust that tracks the performance of the Cboe S&P 500 Dividend Aristocrats Target Income Index Monthly Series. It was launched on Mar 26, 2018. Both DGT and KNG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DGT or KNG.
Key characteristics
| DGT | KNG | |
|---|---|---|
| YTD Return | 17.13% | 12.11% |
| 1Y Return | 29.39% | 22.60% |
| 3Y Return (Ann) | 9.22% | 5.00% |
| 5Y Return (Ann) | 12.40% | 9.06% |
| Sharpe Ratio | 2.64 | 2.36 |
| Sortino Ratio | 3.54 | 3.35 |
| Omega Ratio | 1.47 | 1.42 |
| Calmar Ratio | 4.07 | 2.29 |
| Martin Ratio | 17.98 | 11.32 |
| Ulcer Index | 1.59% | 1.92% |
| Daily Std Dev | 10.86% | 9.20% |
| Max Drawdown | -55.36% | -35.12% |
| Current Drawdown | -1.17% | -1.33% |
Correlation
The correlation between DGT and KNG is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DGT vs. KNG - Performance Comparison
In the year-to-date period, DGT achieves a 17.13% return, which is significantly higher than KNG's 12.11% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DGT vs. KNG - Expense Ratio Comparison
DGT has a 0.50% expense ratio, which is lower than KNG's 0.75% expense ratio.
Risk-Adjusted Performance
DGT vs. KNG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Global Dow ETF (DGT) 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.
Dividends
DGT vs. KNG - Dividend Comparison
DGT's dividend yield for the trailing twelve months is around 2.28%, less than KNG's 8.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGT SPDR Global Dow ETF | 2.28% | 2.53% | 3.15% | 2.66% | 1.97% | 2.76% | 2.50% | 1.93% | 2.31% | 2.37% | 2.67% | 2.18% |
KNG FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF | 8.43% | 5.91% | 4.01% | 3.45% | 3.62% | 4.09% | 3.46% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DGT vs. KNG - Drawdown Comparison
The maximum DGT drawdown since its inception was -55.36%, which is greater than KNG's maximum drawdown of -35.12%. Use the drawdown chart below to compare losses from any high point for DGT and KNG. For additional features, visit the drawdowns tool.
Volatility
DGT vs. KNG - Volatility Comparison
SPDR Global Dow ETF (DGT) has a higher volatility of 2.99% compared to FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) at 2.77%. This indicates that DGT'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.