LMBS vs. KNG
Compare and contrast key facts about First Trust Low Duration Mortgage Opportunities ETF (LMBS) and FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG).
LMBS and KNG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LMBS is an actively managed fund by First Trust. It was launched on Nov 4, 2014. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LMBS or KNG.
Correlation
The correlation between LMBS and KNG is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
LMBS vs. KNG - Performance Comparison
Key characteristics
LMBS:
1.96
KNG:
0.65
LMBS:
2.87
KNG:
0.96
LMBS:
1.37
KNG:
1.11
LMBS:
3.39
KNG:
0.83
LMBS:
8.86
KNG:
2.51
LMBS:
0.58%
KNG:
2.38%
LMBS:
2.63%
KNG:
9.20%
LMBS:
-6.48%
KNG:
-35.12%
LMBS:
-0.58%
KNG:
-6.95%
Returns By Period
LMBS
0.00%
-0.27%
3.47%
5.15%
1.72%
2.58%
KNG
0.00%
-6.95%
4.47%
5.99%
7.28%
N/A
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LMBS vs. KNG - Expense Ratio Comparison
LMBS has a 0.68% expense ratio, which is lower than KNG's 0.75% expense ratio.
Risk-Adjusted Performance
LMBS vs. KNG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Low Duration Mortgage Opportunities ETF (LMBS) 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
LMBS vs. KNG - Dividend Comparison
LMBS's dividend yield for the trailing twelve months is around 4.28%, less than KNG's 9.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
LMBS First Trust Low Duration Mortgage Opportunities ETF | 4.28% | 3.96% | 2.23% | 2.04% | 2.27% | 2.56% | 2.77% | 2.74% | 2.85% | 3.04% | 0.37% |
KNG FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF | 9.08% | 5.91% | 4.01% | 3.45% | 3.62% | 4.09% | 3.46% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
LMBS vs. KNG - Drawdown Comparison
The maximum LMBS drawdown since its inception was -6.48%, smaller than the maximum KNG drawdown of -35.12%. Use the drawdown chart below to compare losses from any high point for LMBS and KNG. For additional features, visit the drawdowns tool.
Volatility
LMBS vs. KNG - Volatility Comparison
The current volatility for First Trust Low Duration Mortgage Opportunities ETF (LMBS) is 0.53%, while FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) has a volatility of 2.90%. This indicates that LMBS experiences smaller price fluctuations and is considered to be less risky than KNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.