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FAN vs. KNG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FAN vs. KNG

Last updated Jun 24, 2026

FAN (First Trust Global Wind Energy ETF) and KNG (FT Vest S&P 500 Dividend Aristocrats Target Income ETF) are both exchange-traded funds - FAN is a Alternative Energy Equities fund tracking the ISE Clean Edge Global Wind Energy Index, 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 5 years, FAN returned 4.21%/yr vs 5.39%/yr for KNG. A 0.52 correlation means they provide meaningful diversification when combined. FAN charges 0.62%/yr vs 0.75%/yr for KNG.

Performance

FAN vs. KNG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Global Wind Energy ETF (FAN) and FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FAN achieves a 20.47% return, which is significantly higher than KNG's 4.84% return.

FAN

1D
-2.65%
1M
-5.81%
YTD
20.47%
6M
20.15%
1Y
38.86%
3Y*
14.67%
5Y*
4.21%
10Y*
9.88%

KNG

1D
0.65%
1M
2.07%
YTD
4.84%
6M
4.41%
1Y
10.46%
3Y*
7.42%
5Y*
5.39%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

FAN vs. KNG - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
FAN
First Trust Global Wind Energy ETF		20.47%40.38%-8.96%-3.20%-13.12%-11.63%61.16%31.22%-12.38%
KNG
FT Vest S&P 500 Dividend Aristocrats Target Income ETF		4.84%6.63%5.99%7.48%-7.03%24.78%7.21%26.64%-1.56%

Correlation

The correlation between FAN and KNG is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.22

Correlation (3Y)
Calculated over the trailing 3-year period

0.43

Correlation (5Y)
Calculated over the trailing 5-year period

0.49

Correlation (All Time)
Calculated using the full available price history since Mar 27, 2018

0.52

Over the past year, the correlation between FAN and KNG has dropped to 0.22 - well below their long-term average of 0.52, suggesting their price drivers have been diverging.

FAN vs. KNG - Sectors Allocation Comparison

Sectors
FAN
KNG

Utilities

55.7%
5.7%

Industrials

41.3%
20.2%

Consumer Cyclical

1.7%
5.3%

Energy

1.1%
2.9%

Basic Materials

0.3%
10.2%

Communication Services

-

-

Consumer Defensive

-

23.6%

Financial Services

-

12.8%

Healthcare

-

10.2%

Real Estate

-

4.6%

Technology

-

4.6%

Utilities

FAN
55.7%
KNG
5.7%

Industrials

FAN
41.3%
KNG
20.2%

Consumer Cyclical

FAN
1.7%
KNG
5.3%

Energy

FAN
1.1%
KNG
2.9%

Basic Materials

FAN
0.3%
KNG
10.2%

Communication Services

FAN

-

KNG

-

Consumer Defensive

FAN

-

KNG
23.6%

Financial Services

FAN

-

KNG
12.8%

Healthcare

FAN

-

KNG
10.2%

Real Estate

FAN

-

KNG
4.6%

Technology

FAN

-

KNG
4.6%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

First Trust Global Wind Energy ETF

FT Vest S&P 500 Dividend Aristocrats Target Income ETF

Often compared with FAN:
FAN vs. TANFAN vs. ICLNFAN vs. QCLNFAN vs. PBDFAN vs. RAYSFAN vs. GRIDFAN vs. CTEC
Often compared with KNG:
KNG vs. NOBLKNG vs. SCHDKNG vs. JEPIKNG vs. DIVOKNG vs. SPYKNG vs. KNGLXKNG vs. DGT

Return for Risk

FAN vs. KNG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FAN
FAN Risk / Return Rank: 6363
Overall Rank
FAN Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
FAN Sortino Ratio Rank: 5757
Sortino Ratio Rank
FAN Omega Ratio Rank: 5555
Omega Ratio Rank
FAN Calmar Ratio Rank: 7373
Calmar Ratio Rank
FAN Martin Ratio Rank: 6767
Martin Ratio Rank
KNG
KNG Risk / Return Rank: 2727
Overall Rank
KNG Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
KNG Sortino Ratio Rank: 3030
Sortino Ratio Rank
KNG Omega Ratio Rank: 2626
Omega Ratio Rank
KNG Calmar Ratio Rank: 2626
Calmar Ratio Rank
KNG Martin Ratio Rank: 2424
Martin Ratio Rank
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.

FAN vs. KNG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Global Wind Energy ETF (FAN) 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.

FANKNGDifference
Sharpe ratioReturn per unit of total volatility
1.91
1.01

+0.90

Sortino ratioReturn per unit of downside risk
2.57
1.55

+1.02

Omega ratioGain probability vs. loss probability

1.32

1.18

+0.15

Calmar ratioReturn relative to maximum drawdown

3.51

1.22

+2.29

Martin ratioReturn relative to average drawdown

11.64

3.07

+8.57

FAN vs. KNG - Sharpe Ratio Comparison

The current FAN Sharpe Ratio is 1.91, which is higher than the KNG Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of FAN and KNG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

FAN vs. KNG - Drawdown Comparison

The maximum FAN drawdown since its inception was -79.94%, which is greater than KNG's maximum drawdown of -35.12%. Use the drawdown chart below to compare losses from any high point for FAN and KNG.

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Drawdown Indicators

FANKNGDifference

Max Drawdown

Largest peak-to-trough decline

-79.94%

-35.12%

-44.82%

Max Drawdown (1Y)

Largest decline over 1 year

-11.13%

-8.61%

-2.52%

Max Drawdown (3Y)

Largest decline over 3 years

-24.46%

-14.24%

-10.22%

Max Drawdown (5Y)

Largest decline over 5 years

-38.45%

-18.20%

-20.25%

Max Drawdown (10Y)

Largest decline over 10 years

-46.29%

—

—

Current Drawdown

Current decline from peak

-9.44%

-3.46%

-5.98%

Average Drawdown

Average peak-to-trough decline

-45.08%

-4.13%

-40.95%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.35%

3.42%

-0.07%

Volatility

FAN vs. KNG - Volatility Comparison

First Trust Global Wind Energy ETF (FAN) has a higher volatility of 6.87% compared to FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) at 3.00%. This indicates that FAN'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

FANKNGDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.87%

3.00%

+3.87%

Volatility (6M)

Calculated over the trailing 6-month period

15.93%

7.59%

+8.34%

Volatility (1Y)

Calculated over the trailing 1-year period

20.41%

10.41%

+10.00%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.42%

13.58%

+7.84%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.96%

17.15%

+3.81%

FAN vs. KNG - Expense Ratio Comparison

FAN has a 0.62% expense ratio, which is lower than KNG's 0.75% expense ratio.

Dividends

FAN vs. KNG - Dividend Comparison

FAN's dividend yield for the trailing twelve months is around 1.03%, less than KNG's 8.45% yield.

PositionTTM20252024202320222021202020192018201720162015
FAN
First Trust Global Wind Energy ETF		1.03%1.35%1.52%1.71%1.50%1.79%0.84%2.42%2.67%2.59%6.04%2.35%
KNG
FT Vest S&P 500 Dividend Aristocrats Target Income ETF		8.45%8.61%9.08%5.91%4.00%3.45%3.62%4.09%3.46%0.00%0.00%0.00%

Frequently Asked Questions

FAN and KNG have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FAN has higher volatility (6.87%) compared to KNG (3.00%). In terms of maximum drawdown, FAN dropped -79.94% vs KNG's -35.12%.

On 5-year performance, KNG leads with 5.39% vs 4.21% for FAN. On fees, FAN is cheaper at 0.62% per year. On volatility, KNG has been the lower-risk option at 3.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, KNG has performed better with a 5.39% return vs 4.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

FAN is cheaper with a 0.62% expense ratio, compared with 0.75% for KNG.

KNG has the higher dividend yield at 8.45%, compared with 1.03% for FAN.

FAN is categorized as Alternative Energy Equities, while KNG is Dividend. FAN tracks ISE Clean Edge Global Wind Energy Index, while KNG tracks Cboe S&P 500 Dividend Aristocrats Target Income Index Monthly Series. Their fees differ too: 0.62% for FAN and 0.75% for KNG.

FAN currently has the higher Sharpe Ratio (1.91 vs 1.01), 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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