KNG vs. DHS
Compare and contrast key facts about FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) and WisdomTree US High Dividend Fund (DHS).
KNG and DHS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. DHS is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree U.S. High Dividend Index. It was launched on Jun 16, 2006. Both KNG and DHS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KNG or DHS.
Key characteristics
| KNG | DHS | |
|---|---|---|
| YTD Return | 12.11% | 23.00% |
| 1Y Return | 22.60% | 35.65% |
| 3Y Return (Ann) | 5.00% | 11.35% |
| 5Y Return (Ann) | 9.06% | 9.44% |
| Sharpe Ratio | 2.36 | 2.74 |
| Sortino Ratio | 3.35 | 3.86 |
| Omega Ratio | 1.42 | 1.49 |
| Calmar Ratio | 2.29 | 2.69 |
| Martin Ratio | 11.32 | 18.01 |
| Ulcer Index | 1.92% | 1.91% |
| Daily Std Dev | 9.20% | 12.55% |
| Max Drawdown | -35.12% | -67.25% |
| Current Drawdown | -1.33% | -0.16% |
Correlation
The correlation between KNG and DHS is 0.86, 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
KNG vs. DHS - Performance Comparison
In the year-to-date period, KNG achieves a 12.11% return, which is significantly lower than DHS's 23.00% return. 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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KNG vs. DHS - Expense Ratio Comparison
KNG has a 0.75% expense ratio, which is higher than DHS's 0.38% expense ratio.
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.
Dividends
KNG vs. DHS - Dividend Comparison
KNG's dividend yield for the trailing twelve months is around 8.43%, more than DHS's 3.52% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KNG FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF | 8.43% | 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 | 3.52% | 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.
Volatility
KNG vs. DHS - Volatility Comparison
The current volatility for FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) is 2.77%, while WisdomTree US High Dividend Fund (DHS) has a volatility of 4.23%. 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.