KNGS vs. SPYD
Compare and contrast key facts about Roundhill S&P Dividend Monarchs ETF (KNGS) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD).
KNGS and SPYD 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. SPYD is a passively managed fund by State Street that tracks the performance of the S&P 500 High Dividend Index. It was launched on Oct 21, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KNGS or SPYD.
Key characteristics
| KNGS | SPYD | |
|---|---|---|
| YTD Return | 6.56% | 21.17% |
| 1Y Return | 18.66% | 41.23% |
| Sharpe Ratio | 1.41 | 2.85 |
| Sortino Ratio | 2.07 | 4.04 |
| Omega Ratio | 1.25 | 1.52 |
| Calmar Ratio | 2.76 | 1.99 |
| Martin Ratio | 6.45 | 19.99 |
| Ulcer Index | 2.66% | 1.96% |
| Daily Std Dev | 12.19% | 13.73% |
| Max Drawdown | -6.22% | -46.42% |
| Current Drawdown | -2.03% | -0.48% |
Correlation
The correlation between KNGS and SPYD is 0.86, 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. SPYD - Performance Comparison
In the year-to-date period, KNGS achieves a 6.56% return, which is significantly lower than SPYD's 21.17% 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. SPYD - Expense Ratio Comparison
KNGS has a 0.35% expense ratio, which is higher than SPYD's 0.07% expense ratio.
Risk-Adjusted Performance
KNGS vs. SPYD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill S&P Dividend Monarchs ETF (KNGS) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD). 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. SPYD - Dividend Comparison
KNGS's dividend yield for the trailing twelve months is around 2.83%, less than SPYD's 4.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
KNGS Roundhill S&P Dividend Monarchs ETF | 2.83% | 0.82% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPYD SPDR Portfolio S&P 500 High Dividend ETF | 4.02% | 4.66% | 5.01% | 3.69% | 4.96% | 4.42% | 4.75% | 4.64% | 4.34% | 1.13% |
Drawdowns
KNGS vs. SPYD - Drawdown Comparison
The maximum KNGS drawdown since its inception was -6.22%, smaller than the maximum SPYD drawdown of -46.42%. Use the drawdown chart below to compare losses from any high point for KNGS and SPYD. For additional features, visit the drawdowns tool.
Volatility
KNGS vs. SPYD - Volatility Comparison
The current volatility for Roundhill S&P Dividend Monarchs ETF (KNGS) is 3.38%, while SPDR Portfolio S&P 500 High Dividend ETF (SPYD) has a volatility of 3.62%. This indicates that KNGS experiences smaller price fluctuations and is considered to be less risky than SPYD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.