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

Correlation

The correlation between KNG and VYM is 0.91, 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.


-0.50.00.51.00.9

Performance

KNG vs. VYM - 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 Vanguard High Dividend Yield ETF (VYM). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
4.52%
9.10%
KNG
VYM

Key characteristics

Sharpe Ratio

KNG:

0.85

VYM:

1.77

Sortino Ratio

KNG:

1.23

VYM:

2.50

Omega Ratio

KNG:

1.15

VYM:

1.32

Calmar Ratio

KNG:

1.08

VYM:

3.18

Martin Ratio

KNG:

3.48

VYM:

10.44

Ulcer Index

KNG:

2.23%

VYM:

1.82%

Daily Std Dev

KNG:

9.15%

VYM:

10.78%

Max Drawdown

KNG:

-35.12%

VYM:

-56.98%

Current Drawdown

KNG:

-5.95%

VYM:

-4.45%

Returns By Period

In the year-to-date period, KNG achieves a 7.13% return, which is significantly lower than VYM's 17.76% return.


KNG

YTD

7.13%

1M

-4.81%

6M

4.52%

1Y

7.78%

5Y*

7.45%

10Y*

N/A

VYM

YTD

17.76%

1M

-3.64%

6M

8.25%

1Y

18.48%

5Y*

9.83%

10Y*

9.62%

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. VYM - Expense Ratio Comparison

KNG has a 0.75% expense ratio, which is higher than VYM's 0.06% 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 VYM: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%

Risk-Adjusted Performance

KNG vs. VYM - 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 Vanguard High Dividend Yield ETF (VYM). 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 0.85, compared to the broader market0.002.004.000.851.72
The chart of Sortino ratio for KNG, currently valued at 1.23, compared to the broader market-2.000.002.004.006.008.0010.001.232.44
The chart of Omega ratio for KNG, currently valued at 1.15, compared to the broader market0.501.001.502.002.503.001.151.31
The chart of Calmar ratio for KNG, currently valued at 1.08, compared to the broader market0.005.0010.0015.001.083.09
The chart of Martin ratio for KNG, currently valued at 3.48, compared to the broader market0.0020.0040.0060.0080.00100.003.4810.02
KNG
VYM

The current KNG Sharpe Ratio is 0.85, which is lower than the VYM Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of KNG and VYM, 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 Ratio0.000.501.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
0.85
1.72
KNG
VYM

Dividends

KNG vs. VYM - Dividend Comparison

KNG's dividend yield for the trailing twelve months is around 8.98%, more than VYM's 2.74% yield.


TTM20232022202120202019201820172016201520142013
KNG
FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF
8.98%5.91%4.01%3.45%3.62%4.09%3.46%0.00%0.00%0.00%0.00%0.00%
VYM
Vanguard High Dividend Yield ETF
2.74%3.12%3.01%2.76%3.18%3.03%3.40%2.80%2.91%3.22%2.78%2.81%

Drawdowns

KNG vs. VYM - Drawdown Comparison

The maximum KNG drawdown since its inception was -35.12%, smaller than the maximum VYM drawdown of -56.98%. Use the drawdown chart below to compare losses from any high point for KNG and VYM. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-5.95%
-4.45%
KNG
VYM

Volatility

KNG vs. VYM - Volatility Comparison

The current volatility for FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) is 3.06%, while Vanguard High Dividend Yield ETF (VYM) has a volatility of 3.62%. This indicates that KNG experiences smaller price fluctuations and is considered to be less risky than VYM 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%JulyAugustSeptemberOctoberNovemberDecember
3.06%
3.62%
KNG
VYM
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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