KNGZ vs. KNG
Compare and contrast key facts about First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ) and FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG).
KNGZ and KNG 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. 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. Both KNGZ and KNG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KNGZ or KNG.
Correlation
The correlation between KNGZ and KNG is 0.72, 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
KNGZ vs. KNG - Performance Comparison
Key characteristics
KNGZ:
1.51
KNG:
0.89
KNGZ:
2.14
KNG:
1.30
KNGZ:
1.26
KNG:
1.15
KNGZ:
2.00
KNG:
0.95
KNGZ:
5.59
KNG:
2.65
KNGZ:
3.09%
KNG:
3.14%
KNGZ:
11.49%
KNG:
9.36%
KNGZ:
-37.44%
KNG:
-35.12%
KNGZ:
-2.30%
KNG:
-4.67%
Returns By Period
In the year-to-date period, KNGZ achieves a 5.90% return, which is significantly higher than KNG's 2.46% return.
KNGZ
5.90%
3.43%
4.85%
17.64%
10.00%
N/A
KNG
2.46%
0.97%
0.30%
8.54%
7.77%
N/A
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KNGZ vs. KNG - Expense Ratio Comparison
KNGZ has a 0.50% expense ratio, which is lower than KNG's 0.75% expense ratio.
Risk-Adjusted Performance
KNGZ vs. KNG — Risk-Adjusted Performance Rank
KNGZ
KNG
KNGZ vs. KNG - 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 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
KNGZ vs. KNG - Dividend Comparison
KNGZ's dividend yield for the trailing twelve months is around 2.40%, less than KNG's 8.91% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
KNGZ First Trust S&P 500 Diversified Dividend Aristocrats ETF | 2.40% | 2.55% | 3.11% | 2.52% | 1.95% | 2.44% | 2.85% | 4.10% | 1.11% |
KNG FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF | 8.91% | 9.08% | 5.91% | 4.01% | 3.45% | 3.62% | 4.09% | 3.46% | 0.00% |
Drawdowns
KNGZ vs. KNG - Drawdown Comparison
The maximum KNGZ drawdown since its inception was -37.44%, which is greater than KNG's maximum drawdown of -35.12%. Use the drawdown chart below to compare losses from any high point for KNGZ and KNG. For additional features, visit the drawdowns tool.
Volatility
KNGZ vs. KNG - Volatility Comparison
First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ) and FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) have volatilities of 2.91% and 3.04%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.