KNG vs. YLDE
KNG (FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF) and YLDE (ClearBridge Dividend Strategy ESG ETF) are both Dividend funds. KNG is passively managed, while YLDE is actively managed. Over the past 5 years, KNG returned 4.50%/yr vs 9.71%/yr for YLDE. A 0.74 correlation means they provide meaningful diversification when combined. KNG charges 0.75%/yr vs 0.60%/yr for YLDE.
Performance
KNG vs. YLDE - Performance Comparison
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Returns By Period
In the year-to-date period, KNG achieves a 3.13% return, which is significantly lower than YLDE's 4.88% return.
KNG
- 1D
- 0.91%
- 1M
- 0.83%
- YTD
- 3.13%
- 6M
- 3.55%
- 1Y
- 8.66%
- 3Y*
- 7.53%
- 5Y*
- 4.50%
- 10Y*
- —
YLDE
- 1D
- 0.76%
- 1M
- 0.40%
- YTD
- 4.88%
- 6M
- 5.81%
- 1Y
- 14.87%
- 3Y*
- 14.97%
- 5Y*
- 9.71%
- 10Y*
- —
KNG vs. YLDE - 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% |
YLDE ClearBridge Dividend Strategy ESG ETF | 4.88% | 13.09% | 16.44% | 15.69% | -8.56% | 22.12% | 10.35% | 32.46% | -2.61% |
Correlation
The correlation between KNG and YLDE is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2018 | 0.74 |
The correlation between KNG and YLDE shifts across timeframes, from 0.74 (all time) to 0.85 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
KNG vs. YLDE — Risk / Return Rank
KNG
YLDE
KNG vs. YLDE - 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 ClearBridge Dividend Strategy ESG ETF (YLDE). 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 | YLDE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.75 | ||
| Sortino ratioReturn per unit of downside risk | -0.96 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.28 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.01 | 1.97 | -0.96 |
| Martin ratioReturn relative to average drawdown | 2.61 | 7.32 | -4.71 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| KNG | YLDE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.85 | 1.60 | -0.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | 0.72 | -0.39 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.75 | -0.25 |
Drawdowns
KNG vs. YLDE - Drawdown Comparison
The maximum KNG drawdown since its inception was -35.12%, which is greater than YLDE's maximum drawdown of -33.23%. Use the drawdown chart below to compare losses from any high point for KNG and YLDE.
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Drawdown Indicators
| KNG | YLDE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.12% | -33.23% | -1.89% |
Max Drawdown (1Y)Largest decline over 1 year | -8.61% | -7.59% | -1.02% |
Max Drawdown (3Y)Largest decline over 3 years | -14.24% | -11.42% | -2.82% |
Max Drawdown (5Y)Largest decline over 5 years | -18.20% | -20.22% | +2.02% |
Current DrawdownCurrent decline from peak | -5.03% | -1.79% | -3.24% |
Average DrawdownAverage peak-to-trough decline | -4.13% | -3.55% | -0.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.33% | 2.04% | +1.29% |
Volatility
KNG vs. YLDE - Volatility Comparison
FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) has a higher volatility of 2.26% compared to ClearBridge Dividend Strategy ESG ETF (YLDE) at 1.90%. This indicates that KNG's price experiences larger fluctuations and is considered to be riskier than YLDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KNG | YLDE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.26% | 1.90% | +0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 7.44% | 6.78% | +0.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.22% | 9.33% | +0.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.60% | 13.50% | +0.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.18% | 15.76% | +1.42% |
KNG vs. YLDE - Expense Ratio Comparison
KNG has a 0.75% expense ratio, which is higher than YLDE's 0.60% expense ratio.
Dividends
KNG vs. YLDE - Dividend Comparison
KNG's dividend yield for the trailing twelve months is around 8.59%, more than YLDE's 6.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
KNG FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF | 8.59% | 8.61% | 9.08% | 5.91% | 4.00% | 3.45% | 3.62% | 4.09% | 3.46% | 0.00% |
YLDE ClearBridge Dividend Strategy ESG ETF | 6.98% | 5.68% | 1.69% | 1.64% | 1.68% | 1.15% | 1.46% | 1.65% | 2.25% | 1.31% |
Frequently Asked Questions
KNG and YLDE have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KNG has higher volatility (2.26%) compared to YLDE (1.90%). In terms of maximum drawdown, KNG dropped -35.12% vs YLDE's -33.23%.
On 5-year performance, YLDE leads with 9.71% vs 4.50% for KNG. On fees, YLDE is cheaper at 0.60% per year. On volatility, YLDE has been the lower-risk option at 1.90%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, YLDE has performed better with a 9.71% return vs 4.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
YLDE is cheaper with a 0.60% expense ratio, compared with 0.75% for KNG.
KNG has the higher dividend yield at 8.59%, compared with 6.98% for YLDE.
They also come from different issuers: First Trust and Franklin Templeton. Their fees differ too: 0.75% for KNG and 0.60% for YLDE.
YLDE currently has the higher Sharpe Ratio (1.60 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.
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