KNGS vs. ^GSPC
Compare and contrast key facts about Roundhill S&P Dividend Monarchs ETF (KNGS) and S&P 500 (^GSPC).
KNGS is an actively managed fund by Roundhill. It was launched on Nov 1, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KNGS or ^GSPC.
Correlation
The correlation between KNGS and ^GSPC is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
KNGS vs. ^GSPC - Performance Comparison
Key characteristics
Returns By Period
KNGS
N/A
N/A
N/A
N/A
N/A
N/A
^GSPC
-0.66%
-3.44%
3.10%
22.14%
12.04%
11.24%
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Risk-Adjusted Performance
KNGS vs. ^GSPC — Risk-Adjusted Performance Rank
KNGS
^GSPC
KNGS vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill S&P Dividend Monarchs ETF (KNGS) and S&P 500 (^GSPC). 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.
Drawdowns
KNGS vs. ^GSPC - Drawdown Comparison
Volatility
KNGS vs. ^GSPC - Volatility Comparison
The current volatility for Roundhill S&P Dividend Monarchs ETF (KNGS) is 0.00%, while S&P 500 (^GSPC) has a volatility of 4.57%. This indicates that KNGS experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.