KNGS vs. KNG
Compare and contrast key facts about Roundhill S&P Dividend Monarchs ETF (KNGS) and FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG).
KNGS and KNG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KNGS is an actively managed fund by Roundhill. It was launched on Nov 1, 2023. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KNGS or KNG.
Key characteristics
| KNGS | KNG | |
|---|---|---|
| YTD Return | 6.56% | 12.11% |
| 1Y Return | 18.66% | 22.60% |
| Sharpe Ratio | 1.41 | 2.36 |
| Sortino Ratio | 2.07 | 3.35 |
| Omega Ratio | 1.25 | 1.42 |
| Calmar Ratio | 2.76 | 2.29 |
| Martin Ratio | 6.45 | 11.32 |
| Ulcer Index | 2.66% | 1.92% |
| Daily Std Dev | 12.19% | 9.20% |
| Max Drawdown | -6.22% | -35.12% |
| Current Drawdown | -2.03% | -1.33% |
Correlation
The correlation between KNGS and KNG is 0.90, 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
KNGS vs. KNG - Performance Comparison
In the year-to-date period, KNGS achieves a 6.56% return, which is significantly lower than KNG's 12.11% 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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KNGS vs. KNG - Expense Ratio Comparison
KNGS has a 0.35% expense ratio, which is lower than KNG's 0.75% expense ratio.
Risk-Adjusted Performance
KNGS vs. KNG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill S&P Dividend Monarchs ETF (KNGS) and FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG). 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
KNGS vs. KNG - Dividend Comparison
KNGS's dividend yield for the trailing twelve months is around 2.83%, less than KNG's 8.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
KNGS Roundhill S&P Dividend Monarchs ETF | 2.83% | 0.82% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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% |
Drawdowns
KNGS vs. KNG - Drawdown Comparison
The maximum KNGS drawdown since its inception was -6.22%, smaller than the maximum KNG drawdown of -35.12%. Use the drawdown chart below to compare losses from any high point for KNGS and KNG. For additional features, visit the drawdowns tool.
Volatility
KNGS vs. KNG - Volatility Comparison
Roundhill S&P Dividend Monarchs ETF (KNGS) has a higher volatility of 3.38% compared to FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) at 2.77%. This indicates that KNGS's price experiences larger fluctuations and is considered to be riskier than KNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.