Correlation
The correlation between KNGZ and NOBL 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. NOBL
Compare and contrast key facts about First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ) and ProShares S&P 500 Dividend Aristocrats ETF (NOBL).
KNGZ and NOBL 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. NOBL is a passively managed fund by ProShares that tracks the performance of the S&P 500 Dividend Aristocrats Index. It was launched on Oct 9, 2013. Both KNGZ and NOBL 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 NOBL.
Performance
KNGZ vs. NOBL - Performance Comparison
Loading data...
Key characteristics
KNGZ:
0.27
NOBL:
0.43
KNGZ:
0.54
NOBL:
0.65
KNGZ:
1.07
NOBL:
1.08
KNGZ:
0.27
NOBL:
0.38
KNGZ:
0.90
NOBL:
1.18
KNGZ:
5.88%
NOBL:
4.97%
KNGZ:
18.29%
NOBL:
15.31%
KNGZ:
-37.44%
NOBL:
-35.44%
KNGZ:
-7.61%
NOBL:
-6.50%
Returns By Period
In the year-to-date period, KNGZ achieves a 0.14% return, which is significantly lower than NOBL's 1.29% return.
KNGZ
0.14%
4.73%
-7.23%
3.89%
5.22%
12.64%
N/A
NOBL
1.29%
3.00%
-6.50%
4.54%
5.13%
10.75%
9.40%
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. NOBL - Expense Ratio Comparison
KNGZ has a 0.50% expense ratio, which is higher than NOBL's 0.35% expense ratio.
Risk-Adjusted Performance
KNGZ vs. NOBL — Risk-Adjusted Performance Rank
KNGZ
NOBL
KNGZ vs. NOBL - 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 ProShares S&P 500 Dividend Aristocrats ETF (NOBL). 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. NOBL - Dividend Comparison
KNGZ's dividend yield for the trailing twelve months is around 2.64%, more than NOBL's 2.12% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% | 0.00% |
NOBL ProShares S&P 500 Dividend Aristocrats ETF | 2.12% | 2.05% | 2.09% | 1.94% | 1.89% | 2.14% | 1.89% | 2.37% | 1.74% | 2.13% | 2.02% | 1.59% |
Drawdowns
KNGZ vs. NOBL - Drawdown Comparison
The maximum KNGZ drawdown since its inception was -37.44%, which is greater than NOBL's maximum drawdown of -35.44%. Use the drawdown chart below to compare losses from any high point for KNGZ and NOBL.
Loading data...
Volatility
KNGZ vs. NOBL - Volatility Comparison
First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ) has a higher volatility of 5.73% compared to ProShares S&P 500 Dividend Aristocrats ETF (NOBL) at 4.97%. This indicates that KNGZ's price experiences larger fluctuations and is considered to be riskier than NOBL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...