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KNG vs. IDAIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


KNGIDAIX

Correlation

-0.50.00.51.00.9

The correlation between KNG and IDAIX 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

KNG vs. IDAIX - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-20.00%0.00%20.00%40.00%60.00%80.00%100.00%JuneJulyAugustSeptemberOctoberNovember
88.20%
-28.16%
KNG
IDAIX

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KNG vs. IDAIX - Expense Ratio Comparison

KNG has a 0.75% expense ratio, which is higher than IDAIX's 0.50% 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 IDAIX: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Risk-Adjusted Performance

KNG vs. IDAIX - 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 Delaware Ivy S&P 500 Dividend Aristocrats Index Fund (IDAIX). 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
Sharpe ratio
The chart of Sharpe ratio for KNG, currently valued at 2.36, compared to the broader market-2.000.002.004.002.36
Sortino ratio
The chart of Sortino ratio for KNG, currently valued at 3.35, compared to the broader market-2.000.002.004.006.008.0010.0012.003.35
Omega ratio
The chart of Omega ratio for KNG, currently valued at 1.42, compared to the broader market1.001.502.002.503.001.42
Calmar ratio
The chart of Calmar ratio for KNG, currently valued at 2.29, compared to the broader market0.005.0010.0015.002.29
Martin ratio
The chart of Martin ratio for KNG, currently valued at 11.32, compared to the broader market0.0020.0040.0060.0080.00100.00120.0011.32
IDAIX
Sharpe ratio
The chart of Sharpe ratio for IDAIX, currently valued at 2.24, compared to the broader market-2.000.002.004.002.24
Sortino ratio
The chart of Sortino ratio for IDAIX, currently valued at 3.47, compared to the broader market-2.000.002.004.006.008.0010.0012.003.47
Omega ratio
The chart of Omega ratio for IDAIX, currently valued at 1.75, compared to the broader market1.001.502.002.503.001.75
Calmar ratio
The chart of Calmar ratio for IDAIX, currently valued at 0.24, compared to the broader market0.005.0010.0015.000.24
Martin ratio
The chart of Martin ratio for IDAIX, currently valued at 5.17, compared to the broader market0.0020.0040.0060.0080.00100.00120.005.17

KNG vs. IDAIX - Sharpe Ratio Comparison


Rolling 12-month Sharpe Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
2.36
2.24
KNG
IDAIX

Dividends

KNG vs. IDAIX - Dividend Comparison

KNG's dividend yield for the trailing twelve months is around 8.43%, while IDAIX has not paid dividends to shareholders.


TTM2023202220212020201920182017
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%
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%

Drawdowns

KNG vs. IDAIX - Drawdown Comparison


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.33%
-59.16%
KNG
IDAIX

Volatility

KNG vs. IDAIX - Volatility Comparison

FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) has a higher volatility of 2.77% compared to Delaware Ivy S&P 500 Dividend Aristocrats Index Fund (IDAIX) at 0.00%. This indicates that KNG's price experiences larger fluctuations and is considered to be riskier than IDAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%0.50%1.00%1.50%2.00%2.50%3.00%3.50%JuneJulyAugustSeptemberOctoberNovember
2.77%
0
KNG
IDAIX