KNG vs. ^GSPTXDV

Last updated Jun 5, 2026

KNG (FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF) is Dividend fund tracking the Cboe S&P 500 Dividend Aristocrats Target Income Index Monthly Series, while ^GSPTXDV (S&P/TSX Dividend Aristocrats) is an index. Over the past 5 years, KNG returned 4.50%/yr vs 8.25%/yr for ^GSPTXDV. A 0.68 correlation means they provide meaningful diversification when combined.

Performance

KNG vs. ^GSPTXDV - Performance Comparison

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

Returns By Period

In the year-to-date period, KNG achieves a 3.13% return, which is significantly lower than ^GSPTXDV's 13.12% return.

KNG

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

^GSPTXDV

• 1D: 0.74%
• 1M: 3.51%
• YTD: 13.12%
• 6M: 14.20%
• 1Y: 24.71%
• 3Y*: 15.24%
• 5Y*: 8.25%
• 10Y*: 6.28%

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

KNG vs. ^GSPTXDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
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%
^GSPTXDV S&P/TSX Dividend Aristocrats	13.12%	14.03%	15.52%	5.07%	-7.83%	20.93%	-6.87%	20.90%	-4.24%

Correlation

The correlation between KNG and ^GSPTXDV is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.59
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (All Time) Calculated using the full available price history since Mar 28, 2018	0.68

The correlation between KNG and ^GSPTXDV shifts across timeframes, from 0.59 (1 year) to 0.69 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

KNG vs. ^GSPTXDV — Risk / Return Rank

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

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

^GSPTXDV

^GSPTXDV Risk / Return Rank: 97
^GSPTXDV Sharpe Ratio Rank: 97
^GSPTXDV Sortino Ratio Rank: 98
^GSPTXDV Omega Ratio Rank: 97
^GSPTXDV Calmar Ratio Rank: 96
^GSPTXDV Martin Ratio Rank: 98

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.

KNG vs. ^GSPTXDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) and S&P/TSX Dividend Aristocrats (^GSPTXDV). 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.

	KNG	^GSPTXDV	Difference
Sharpe ratio: Return per unit of total volatility	0.85	3.49	-2.64
Sortino ratio: Return per unit of downside risk	1.32	5.16	-3.84
Omega ratio: Gain probability vs. loss probability	1.15	1.68	-0.53
Calmar ratio: Return relative to maximum drawdown	1.01	5.65	-4.64
Martin ratio: Return relative to average drawdown	2.61	21.97	-19.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KNG vs. ^GSPTXDV - Sharpe Ratio Comparison

The current KNG Sharpe Ratio is 0.85, which is lower than the ^GSPTXDV Sharpe Ratio of 3.49. The chart below compares the historical Sharpe Ratios of KNG and ^GSPTXDV, 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

	KNG	^GSPTXDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.85	3.49	-2.64
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	0.77	-0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.43	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.33	+0.17

Drawdowns

KNG vs. ^GSPTXDV - Drawdown Comparison

The maximum KNG drawdown since its inception was -35.12%, smaller than the maximum ^GSPTXDV drawdown of -46.09%. Use the drawdown chart below to compare losses from any high point for KNG and ^GSPTXDV.

Drawdown Indicators

	KNG	^GSPTXDV	Difference
Max Drawdown Largest peak-to-trough decline	-35.12%	-46.09%	+10.97%
Max Drawdown (1Y) Largest decline over 1 year	-8.61%	-4.39%	-4.22%
Max Drawdown (3Y) Largest decline over 3 years	-14.24%	-12.84%	-1.40%
Max Drawdown (5Y) Largest decline over 5 years	-18.20%	-20.09%	+1.89%
Max Drawdown (10Y) Largest decline over 10 years	—	-46.09%	—
Current Drawdown Current decline from peak	-5.03%	0.00%	-5.03%
Average Drawdown Average peak-to-trough decline	-4.13%	-7.07%	+2.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.33%	1.13%	+2.20%

Volatility

KNG vs. ^GSPTXDV - Volatility Comparison

FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) has a higher volatility of 2.26% compared to S&P/TSX Dividend Aristocrats (^GSPTXDV) at 1.91%. This indicates that KNG's price experiences larger fluctuations and is considered to be riskier than ^GSPTXDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KNG	^GSPTXDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.26%	1.91%	+0.35%
Volatility (6M) Calculated over the trailing 6-month period	7.44%	5.48%	+1.96%
Volatility (1Y) Calculated over the trailing 1-year period	10.22%	7.12%	+3.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.60%	10.66%	+2.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.18%	14.60%	+2.58%

Frequently Asked Questions

Can I hold both KNG and ^GSPTXDV in my portfolio?

KNG and ^GSPTXDV have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KNG or ^GSPTXDV?

KNG has higher volatility (2.26%) compared to ^GSPTXDV (1.91%). In terms of maximum drawdown, KNG dropped -35.12% vs ^GSPTXDV's -46.09%.

Which has better risk-adjusted returns?

^GSPTXDV currently has the higher Sharpe Ratio (3.49 vs 0.85), 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.