PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
KNG vs. DHS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

KNG vs. DHS - 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 WisdomTree US High Dividend Fund (DHS). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
8.23%
20.47%
KNG
DHS

Returns By Period

In the year-to-date period, KNG achieves a 11.74% return, which is significantly lower than DHS's 25.80% return.


KNG

YTD

11.74%

1M

0.21%

6M

8.23%

1Y

17.38%

5Y (annualized)

8.94%

10Y (annualized)

N/A

DHS

YTD

25.80%

1M

5.12%

6M

20.47%

1Y

33.98%

5Y (annualized)

10.06%

10Y (annualized)

8.89%

Key characteristics


KNGDHS
Sharpe Ratio1.932.76
Sortino Ratio2.723.86
Omega Ratio1.341.49
Calmar Ratio2.923.58
Martin Ratio8.8617.80
Ulcer Index1.96%1.91%
Daily Std Dev9.01%12.30%
Max Drawdown-35.12%-67.25%
Current Drawdown-1.65%0.00%

Compare stocks, funds, or ETFs

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


KNG vs. DHS - Expense Ratio Comparison

KNG has a 0.75% expense ratio, which is higher than DHS's 0.38% expense ratio.


KNG
FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF
Expense ratio chart for KNG: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
Expense ratio chart for DHS: current value at 0.38% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.38%

Correlation

-0.50.00.51.00.9

The correlation between KNG and DHS is 0.85, 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.

Risk-Adjusted Performance

KNG vs. DHS - Risk-Adjusted Performance 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 WisdomTree US High Dividend Fund (DHS). 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.


Sharpe ratio
The chart of Sharpe ratio for KNG, currently valued at 1.93, compared to the broader market0.002.004.001.932.76
The chart of Sortino ratio for KNG, currently valued at 2.72, compared to the broader market-2.000.002.004.006.008.0010.0012.002.723.86
The chart of Omega ratio for KNG, currently valued at 1.34, compared to the broader market0.501.001.502.002.503.001.341.49
The chart of Calmar ratio for KNG, currently valued at 2.92, compared to the broader market0.005.0010.0015.002.923.58
The chart of Martin ratio for KNG, currently valued at 8.86, compared to the broader market0.0020.0040.0060.0080.00100.008.8617.80
KNG
DHS

The current KNG Sharpe Ratio is 1.93, which is lower than the DHS Sharpe Ratio of 2.76. The chart below compares the historical Sharpe Ratios of KNG and DHS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
1.93
2.76
KNG
DHS

Dividends

KNG vs. DHS - Dividend Comparison

KNG's dividend yield for the trailing twelve months is around 7.78%, more than DHS's 3.44% yield.


TTM20232022202120202019201820172016201520142013
KNG
FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF
7.78%5.91%4.01%3.45%3.62%4.09%3.46%0.00%0.00%0.00%0.00%0.00%
DHS
WisdomTree US High Dividend Fund
3.44%4.31%3.42%3.29%4.14%3.69%3.75%3.00%3.25%3.53%2.91%3.19%

Drawdowns

KNG vs. DHS - Drawdown Comparison

The maximum KNG drawdown since its inception was -35.12%, smaller than the maximum DHS drawdown of -67.25%. Use the drawdown chart below to compare losses from any high point for KNG and DHS. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.65%
0
KNG
DHS

Volatility

KNG vs. DHS - Volatility Comparison

The current volatility for FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) is 2.62%, while WisdomTree US High Dividend Fund (DHS) has a volatility of 4.08%. This indicates that KNG experiences smaller price fluctuations and is considered to be less risky than DHS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%2.50%3.00%3.50%4.00%4.50%5.00%5.50%JuneJulyAugustSeptemberOctoberNovember
2.62%
4.08%
KNG
DHS