ECAT vs. KNGLX

Last updated Apr 1, 2026

Compare and contrast key facts about BlackRock ESG Capital Allocation Term Trust (ECAT) and CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund (KNGLX).

ECAT is managed by BlackRock. It was launched on Sep 28, 2021. KNGLX is a passively managed fund by CBOE Vest that tracks the performance of the Cboe S&P 500 Dividend Aristocrats Target Income Index Monthly Series. It was launched on Sep 10, 2017.

Performance

ECAT vs. KNGLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock ESG Capital Allocation Term Trust (ECAT) and CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund (KNGLX). The values are adjusted to include any dividend payments, if applicable.

ECAT vs. KNGLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ECAT BlackRock ESG Capital Allocation Term Trust	-6.71%	16.64%	19.96%	32.36%	-21.90%	-6.25%
KNGLX CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund	0.17%	6.43%	2.91%	6.46%	-7.29%	9.47%

Returns By Period

In the year-to-date period, ECAT achieves a -6.71% return, which is significantly lower than KNGLX's 0.17% return.

ECAT

• 1D: 1.49%
• 1M: -8.56%
• YTD: -6.71%
• 6M: -7.80%
• 1Y: 7.03%
• 3Y*: 13.21%
• 5Y*: —
• 10Y*: —

KNGLX

• 1D: 0.09%
• 1M: -7.86%
• YTD: 0.17%
• 6M: 1.93%
• 1Y: 3.88%
• 3Y*: 4.80%
• 5Y*: 4.36%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ECAT vs. KNGLX - Expense Ratio Comparison

ECAT has a 1.38% expense ratio, which is higher than KNGLX's 1.20% expense ratio.

ECAT

BlackRock ESG Capital Allocation Term Trust

KNGLX

CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund

Return for Risk

ECAT vs. KNGLX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ECAT

ECAT Risk / Return Rank: 16
ECAT Sharpe Ratio Rank: 17
ECAT Sortino Ratio Rank: 16
ECAT Omega Ratio Rank: 16
ECAT Calmar Ratio Rank: 16
ECAT Martin Ratio Rank: 17

KNGLX

KNGLX Risk / Return Rank: 14
KNGLX Sharpe Ratio Rank: 14
KNGLX Sortino Ratio Rank: 14
KNGLX Omega Ratio Rank: 13
KNGLX Calmar Ratio Rank: 15
KNGLX Martin Ratio Rank: 16

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ECAT vs. KNGLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock ESG Capital Allocation Term Trust (ECAT) and CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund (KNGLX). 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.

	ECAT	KNGLX	Difference
Sharpe ratio Return per unit of total volatility	0.42	0.35	+0.06
Sortino ratio Return per unit of downside risk	0.68	0.61	+0.06
Omega ratio Gain probability vs. loss probability	1.09	1.08	+0.02
Calmar ratio Return relative to maximum drawdown	0.47	0.43	+0.04
Martin ratio Return relative to average drawdown	1.75	1.61	+0.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ECAT vs. KNGLX - Sharpe Ratio Comparison

The current ECAT Sharpe Ratio is 0.42, which is comparable to the KNGLX Sharpe Ratio of 0.35. The chart below compares the historical Sharpe Ratios of ECAT and KNGLX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ECAT	KNGLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.42	0.35	+0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.31	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	0.40	-0.08

Correlation

The correlation between ECAT and KNGLX is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ECAT vs. KNGLX - Dividend Comparison

ECAT's dividend yield for the trailing twelve months is around 25.39%, more than KNGLX's 8.01% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
ECAT BlackRock ESG Capital Allocation Term Trust	25.39%	23.00%	17.44%	9.14%	8.94%	0.54%	0.00%	0.00%	0.00%
KNGLX CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund	8.01%	8.02%	9.60%	7.99%	4.54%	4.41%	3.53%	4.53%	4.74%

Drawdowns

ECAT vs. KNGLX - Drawdown Comparison

The maximum ECAT drawdown since its inception was -32.23%, roughly equal to the maximum KNGLX drawdown of -31.48%. Use the drawdown chart below to compare losses from any high point for ECAT and KNGLX.

Drawdown Indicators

	ECAT	KNGLX	Difference
Max Drawdown Largest peak-to-trough decline	-32.23%	-31.48%	-0.75%
Max Drawdown (1Y) Largest decline over 1 year	-12.90%	-10.91%	-1.99%
Max Drawdown (5Y) Largest decline over 5 years	—	-18.25%	—
Current Drawdown Current decline from peak	-10.48%	-7.86%	-2.62%
Average Drawdown Average peak-to-trough decline	-9.41%	-4.60%	-4.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.49%	2.89%	+0.60%

Volatility

ECAT vs. KNGLX - Volatility Comparison

BlackRock ESG Capital Allocation Term Trust (ECAT) has a higher volatility of 5.97% compared to CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund (KNGLX) at 3.23%. This indicates that ECAT's price experiences larger fluctuations and is considered to be riskier than KNGLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ECAT	KNGLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.97%	3.23%	+2.74%
Volatility (6M) Calculated over the trailing 6-month period	10.34%	7.63%	+2.71%
Volatility (1Y) Calculated over the trailing 1-year period	16.97%	14.28%	+2.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.95%	14.01%	+2.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.95%	17.26%	-0.31%