IDAIX vs. KNG
Compare and contrast key facts about Delaware Ivy S&P 500 Dividend Aristocrats Index Fund (IDAIX) and FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG).
IDAIX is managed by Ivy Funds. It was launched on Apr 19, 2017. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IDAIX or KNG.
Key characteristics
| IDAIX | KNG |
|---|
Correlation
The correlation between IDAIX and KNG is 0.92, 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
IDAIX vs. KNG - Performance Comparison
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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IDAIX vs. KNG - Expense Ratio Comparison
IDAIX has a 0.50% expense ratio, which is lower than KNG's 0.75% expense ratio.
Risk-Adjusted Performance
IDAIX vs. KNG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Delaware Ivy S&P 500 Dividend Aristocrats Index Fund (IDAIX) 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
IDAIX vs. KNG - Dividend Comparison
IDAIX has not paid dividends to shareholders, while KNG's dividend yield for the trailing twelve months is around 8.45%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
IDAIX Delaware Ivy S&P 500 Dividend Aristocrats Index Fund | 154.66% | 13.13% | 167.98% | 7.79% | 6.52% | 4.21% | 3.37% | 0.70% |
KNG FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF | 8.45% | 5.91% | 4.01% | 3.45% | 3.62% | 4.09% | 3.46% | 0.00% |
Drawdowns
IDAIX vs. KNG - Drawdown Comparison
Volatility
IDAIX vs. KNG - Volatility Comparison
The current volatility for Delaware Ivy S&P 500 Dividend Aristocrats Index Fund (IDAIX) is 0.00%, while FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) has a volatility of 2.69%. This indicates that IDAIX experiences smaller price fluctuations and is considered to be less risky than KNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.