Correlation
The correlation between KNGZ and DIVO is 0.67, 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.
KNGZ vs. DIVO
Compare and contrast key facts about First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ) and Amplify CWP Enhanced Dividend Income ETF (DIVO).
KNGZ and DIVO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KNGZ is a passively managed fund by First Trust that tracks the performance of the S&P 500 Sector-Neutral Dividend Aristocrats Index. It was launched on Jun 20, 2017. DIVO is an actively managed fund by Amplify Investments. It was launched on Dec 14, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KNGZ or DIVO.
Performance
KNGZ vs. DIVO - Performance Comparison
Loading data...
Key characteristics
KNGZ:
0.27
DIVO:
0.97
KNGZ:
0.54
DIVO:
1.36
KNGZ:
1.07
DIVO:
1.20
KNGZ:
0.27
DIVO:
1.05
KNGZ:
0.90
DIVO:
3.97
KNGZ:
5.88%
DIVO:
3.21%
KNGZ:
18.29%
DIVO:
14.07%
KNGZ:
-37.44%
DIVO:
-30.04%
KNGZ:
-7.61%
DIVO:
-1.89%
Returns By Period
In the year-to-date period, KNGZ achieves a 0.14% return, which is significantly lower than DIVO's 3.79% return.
KNGZ
0.14%
4.73%
-7.23%
3.89%
5.22%
12.64%
N/A
DIVO
3.79%
3.36%
-1.53%
12.26%
9.75%
13.22%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
KNGZ vs. DIVO - Expense Ratio Comparison
KNGZ has a 0.50% expense ratio, which is lower than DIVO's 0.55% expense ratio.
Risk-Adjusted Performance
KNGZ vs. DIVO — Risk-Adjusted Performance Rank
KNGZ
DIVO
KNGZ vs. DIVO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ) and Amplify CWP Enhanced Dividend Income ETF (DIVO). 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.
Loading data...
Dividends
KNGZ vs. DIVO - Dividend Comparison
KNGZ's dividend yield for the trailing twelve months is around 2.64%, less than DIVO's 4.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
KNGZ First Trust S&P 500 Diversified Dividend Aristocrats ETF | 2.64% | 2.55% | 3.11% | 2.52% | 1.95% | 2.44% | 2.85% | 4.10% | 1.11% |
DIVO Amplify CWP Enhanced Dividend Income ETF | 4.77% | 4.70% | 4.67% | 4.76% | 4.79% | 4.91% | 8.16% | 5.27% | 3.83% |
Drawdowns
KNGZ vs. DIVO - Drawdown Comparison
The maximum KNGZ drawdown since its inception was -37.44%, which is greater than DIVO's maximum drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for KNGZ and DIVO.
Loading data...
Volatility
KNGZ vs. DIVO - Volatility Comparison
First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ) has a higher volatility of 5.73% compared to Amplify CWP Enhanced Dividend Income ETF (DIVO) at 3.09%. This indicates that KNGZ's price experiences larger fluctuations and is considered to be riskier than DIVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...