KNGLX vs. NOBL
Compare and contrast key facts about CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund (KNGLX) and ProShares S&P 500 Dividend Aristocrats ETF (NOBL).
KNGLX is managed by CBOE Vest. It was launched on Sep 10, 2017. NOBL is a passively managed fund by ProShares that tracks the performance of the S&P 500 Dividend Aristocrats Index. It was launched on Oct 9, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KNGLX or NOBL.
Correlation
The correlation between KNGLX and NOBL is 0.98, 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
KNGLX vs. NOBL - Performance Comparison
Key characteristics
KNGLX:
-0.18
NOBL:
0.89
KNGLX:
-0.16
NOBL:
1.30
KNGLX:
0.98
NOBL:
1.15
KNGLX:
-0.12
NOBL:
0.96
KNGLX:
-0.42
NOBL:
2.61
KNGLX:
5.15%
NOBL:
3.56%
KNGLX:
12.00%
NOBL:
10.50%
KNGLX:
-35.70%
NOBL:
-35.43%
KNGLX:
-13.54%
NOBL:
-5.22%
Returns By Period
In the year-to-date period, KNGLX achieves a 2.29% return, which is significantly lower than NOBL's 2.67% return.
KNGLX
2.29%
0.84%
-5.43%
-1.90%
1.66%
N/A
NOBL
2.67%
1.07%
0.55%
9.54%
8.52%
9.49%
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KNGLX vs. NOBL - Expense Ratio Comparison
KNGLX has a 1.20% expense ratio, which is higher than NOBL's 0.35% expense ratio.
Risk-Adjusted Performance
KNGLX vs. NOBL — Risk-Adjusted Performance Rank
KNGLX
NOBL
KNGLX vs. NOBL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund (KNGLX) and ProShares S&P 500 Dividend Aristocrats ETF (NOBL). 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
KNGLX vs. NOBL - Dividend Comparison
KNGLX's dividend yield for the trailing twelve months is around 1.07%, less than NOBL's 2.00% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KNGLX CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund | 1.07% | 1.17% | 1.32% | 1.15% | 1.14% | 1.28% | 1.20% | 1.49% | 0.19% | 0.00% | 0.00% | 0.00% |
NOBL ProShares S&P 500 Dividend Aristocrats ETF | 2.00% | 2.05% | 2.09% | 1.94% | 1.89% | 2.14% | 1.89% | 2.37% | 1.74% | 2.13% | 2.02% | 1.59% |
Drawdowns
KNGLX vs. NOBL - Drawdown Comparison
The maximum KNGLX drawdown since its inception was -35.70%, roughly equal to the maximum NOBL drawdown of -35.43%. Use the drawdown chart below to compare losses from any high point for KNGLX and NOBL. For additional features, visit the drawdowns tool.
Volatility
KNGLX vs. NOBL - Volatility Comparison
The current volatility for CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund (KNGLX) is 3.02%, while ProShares S&P 500 Dividend Aristocrats ETF (NOBL) has a volatility of 3.53%. This indicates that KNGLX experiences smaller price fluctuations and is considered to be less risky than NOBL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.