FTCS vs. KNG

Last updated Jun 5, 2026

FTCS (First Trust Capital Strength ETF) and KNG (FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF) are both exchange-traded funds - FTCS is a Large Cap Blend Equities fund tracking the The Capital Strength 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, FTCS returned 5.65%/yr vs 4.50%/yr for KNG. Their correlation of 0.86 suggests significant overlap in exposure. FTCS charges 0.53%/yr vs 0.75%/yr for KNG.

Performance

FTCS vs. KNG - Performance Comparison

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

Returns By Period

In the year-to-date period, FTCS achieves a 1.19% return, which is significantly lower than KNG's 3.13% return.

FTCS

• 1D: 1.18%
• 1M: -0.11%
• YTD: 1.19%
• 6M: 1.51%
• 1Y: 3.88%
• 3Y*: 9.89%
• 5Y*: 5.65%
• 10Y*: 10.24%

KNG

• 1D: 0.91%
• 1M: 0.83%
• YTD: 3.13%
• 6M: 3.55%
• 1Y: 8.66%
• 3Y*: 7.53%
• 5Y*: 4.50%
• 10Y*: —

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

FTCS vs. KNG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FTCS First Trust Capital Strength ETF	1.19%	6.46%	11.19%	8.48%	-10.22%	26.75%	13.05%	26.71%	-2.62%
KNG FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF	3.13%	6.63%	5.99%	7.48%	-7.03%	24.78%	7.21%	26.64%	-0.84%

Correlation

The correlation between FTCS and KNG is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.88
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (All Time) Calculated using the full available price history since Mar 28, 2018	0.86

The correlation between FTCS and KNG has been stable across timeframes, ranging from 0.85 to 0.91 - a consistent structural relationship.

FTCS vs. KNG - Sectors Allocation Comparison

Sectors	FTCS	KNG
Financial Services	20.4%	12.7%
Industrials	19.6%	20.3%
Healthcare	19.1%	10.1%
Consumer Defensive	14.3%	23.5%
Technology	12.3%	4.3%
Consumer Cyclical	7.7%	5.5%
Communication Services	2.3%	-
Energy	2.2%	3.0%
Basic Materials	2.1%	10.2%
Real Estate	-	4.4%
Utilities	-	6.1%

Return for Risk

FTCS vs. KNG — Risk / Return Rank

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

FTCS

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

KNG

KNG Risk / Return Rank: 24
KNG Sharpe Ratio Rank: 25
KNG Sortino Ratio Rank: 25
KNG Omega Ratio Rank: 23
KNG Calmar Ratio Rank: 23
KNG Martin Ratio Rank: 22

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.

FTCS vs. KNG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Capital Strength ETF (FTCS) 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.

	FTCS	KNG	Difference
Sharpe ratio: Return per unit of total volatility	0.39	0.85	-0.46
Sortino ratio: Return per unit of downside risk	0.65	1.32	-0.66
Omega ratio: Gain probability vs. loss probability	1.07	1.15	-0.08
Calmar ratio: Return relative to maximum drawdown	0.50	1.01	-0.51
Martin ratio: Return relative to average drawdown	1.23	2.61	-1.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FTCS vs. KNG - Sharpe Ratio Comparison

The current FTCS Sharpe Ratio is 0.39, which is lower than the KNG Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of FTCS 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.

Sharpe Ratios by Period

	FTCS	KNG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.39	0.85	-0.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	0.33	+0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.66	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.50	+0.01

Drawdowns

FTCS vs. KNG - Drawdown Comparison

The maximum FTCS drawdown since its inception was -53.64%, which is greater than KNG's maximum drawdown of -35.12%. Use the drawdown chart below to compare losses from any high point for FTCS and KNG.

Drawdown Indicators

	FTCS	KNG	Difference
Max Drawdown Largest peak-to-trough decline	-53.64%	-35.12%	-18.52%
Max Drawdown (1Y) Largest decline over 1 year	-7.74%	-8.61%	+0.87%
Max Drawdown (3Y) Largest decline over 3 years	-12.62%	-14.24%	+1.62%
Max Drawdown (5Y) Largest decline over 5 years	-20.93%	-18.20%	-2.73%
Max Drawdown (10Y) Largest decline over 10 years	-31.93%	—	—
Current Drawdown Current decline from peak	-5.85%	-5.03%	-0.82%
Average Drawdown Average peak-to-trough decline	-6.92%	-4.13%	-2.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.16%	3.33%	-0.17%

Volatility

FTCS vs. KNG - Volatility Comparison

First Trust Capital Strength ETF (FTCS) has a higher volatility of 2.86% compared to FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) at 2.26%. This indicates that FTCS'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.

Volatility by Period

	FTCS	KNG	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.86%	2.26%	+0.60%
Volatility (6M) Calculated over the trailing 6-month period	7.08%	7.44%	-0.36%
Volatility (1Y) Calculated over the trailing 1-year period	9.88%	10.22%	-0.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.13%	13.60%	-0.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.54%	17.18%	-1.64%

FTCS vs. KNG - Expense Ratio Comparison

FTCS has a 0.53% expense ratio, which is lower than KNG's 0.75% expense ratio.

Dividends

FTCS vs. KNG - Dividend Comparison

FTCS's dividend yield for the trailing twelve months is around 1.11%, less than KNG's 8.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTCS First Trust Capital Strength ETF	1.11%	1.04%	1.33%	1.47%	1.23%	1.06%	0.93%	1.26%	1.26%	1.15%	1.43%	1.50%
KNG FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF	8.59%	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

Can I hold both FTCS and KNG in my portfolio?

FTCS and KNG have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTCS or KNG?

FTCS has higher volatility (2.86%) compared to KNG (2.26%). In terms of maximum drawdown, FTCS dropped -53.64% vs KNG's -35.12%.

Which ETF is better, FTCS or KNG?

On 5-year performance, FTCS leads with 5.65% vs 4.50% for KNG. On fees, FTCS is cheaper at 0.53% per year. On volatility, KNG has been the lower-risk option at 2.26%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FTCS or KNG?

Over the 5-year period, FTCS has performed better with a 5.65% return vs 4.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FTCS or KNG?

FTCS is cheaper with a 0.53% expense ratio, compared with 0.75% for KNG.

Which ETF pays a higher dividend yield, FTCS or KNG?

KNG has the higher dividend yield at 8.59%, compared with 1.11% for FTCS.

What is the main difference between FTCS and KNG?

FTCS is categorized as Large Cap Blend Equities, while KNG is Dividend. FTCS tracks The Capital Strength Index, while KNG tracks Cboe S&P 500 Dividend Aristocrats Target Income Index Monthly Series. Their fees differ too: 0.53% for FTCS and 0.75% for KNG.

Which has better risk-adjusted returns?

KNG currently has the higher Sharpe Ratio (0.85 vs 0.39), 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.