TDVI vs. KNG
TDVI (FT Vest Technology Dividend Target Income ETF) and KNG (FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF) are both exchange-traded funds - TDVI is a Derivative Income fund actively managed by First Trust, while KNG is a Dividend fund tracking the Cboe S&P 500 Dividend Aristocrats Target Income Index Monthly Series. TDVI is actively managed, while KNG is passively managed. Over the past year, TDVI returned 52.59% vs 7.44% for KNG. At a 0.44 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.
Performance
TDVI vs. KNG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TDVI achieves a 30.16% return, which is significantly higher than KNG's 2.20% return.
TDVI
- 1D
- -1.77%
- 1M
- 15.46%
- YTD
- 30.16%
- 6M
- 28.30%
- 1Y
- 52.59%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KNG
- 1D
- -0.04%
- 1M
- 0.89%
- YTD
- 2.20%
- 6M
- 2.33%
- 1Y
- 7.44%
- 3Y*
- 7.06%
- 5Y*
- 4.31%
- 10Y*
- —
TDVI vs. KNG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
TDVI FT Vest Technology Dividend Target Income ETF | 30.16% | 24.75% | 22.84% | 10.79% |
KNG FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF | 2.20% | 6.63% | 5.99% | 0.80% |
Correlation
The correlation between TDVI and KNG is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Aug 11, 2023 | 0.44 |
The correlation between TDVI and KNG shifts across timeframes, from 0.28 (1 year) to 0.44 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TDVI vs. KNG — Risk / Return Rank
TDVI
KNG
TDVI vs. KNG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Vest Technology Dividend Target Income ETF (TDVI) 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.
| TDVI | KNG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.26 | ||
| Sortino ratioReturn per unit of downside risk | +2.79 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.13 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 5.38 | 0.87 | +4.51 |
| Martin ratioReturn relative to average drawdown | 17.05 | 2.25 | +14.80 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| TDVI | KNG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.00 | 0.73 | +2.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.32 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.67 | 0.49 | +1.18 |
Drawdowns
TDVI vs. KNG - Drawdown Comparison
The maximum TDVI drawdown since its inception was -22.08%, smaller than the maximum KNG drawdown of -35.12%. Use the drawdown chart below to compare losses from any high point for TDVI and KNG.
Loading charts...
Drawdown Indicators
| TDVI | KNG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.08% | -35.12% | +13.04% |
Max Drawdown (1Y)Largest decline over 1 year | -9.83% | -8.61% | -1.22% |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.24% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.20% | — |
Current DrawdownCurrent decline from peak | -1.77% | -5.89% | +4.12% |
Average DrawdownAverage peak-to-trough decline | -2.98% | -4.13% | +1.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.09% | 3.32% | -0.23% |
Volatility
TDVI vs. KNG - Volatility Comparison
FT Vest Technology Dividend Target Income ETF (TDVI) has a higher volatility of 6.59% compared to FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) at 2.29%. This indicates that TDVI's price experiences larger fluctuations and is considered to be riskier than KNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TDVI | KNG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.59% | 2.29% | +4.30% |
Volatility (6M)Calculated over the trailing 6-month period | 13.26% | 7.39% | +5.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.69% | 10.19% | +7.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.65% | 13.59% | +6.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.65% | 17.18% | +2.47% |
TDVI vs. KNG - Expense Ratio Comparison
Both TDVI and KNG have an expense ratio of 0.75%.
Dividends
TDVI vs. KNG - Dividend Comparison
TDVI's dividend yield for the trailing twelve months is around 6.41%, less than KNG's 8.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
KNG FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF | 8.67% | 8.61% | 9.08% | 5.91% | 4.00% | 3.45% | 3.62% | 4.09% | 3.46% |
TDVI FT Vest Technology Dividend Target Income ETF | 6.41% | 7.53% | 7.90% | 3.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TDVI and KNG have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TDVI has higher volatility (6.59%) compared to KNG (2.29%). In terms of maximum drawdown, TDVI dropped -22.08% vs KNG's -35.12%.
On 1-year performance, TDVI leads with 52.59% vs 7.44% for KNG. Both ETFs have the same 0.75% expense ratio. On volatility, KNG has been the lower-risk option at 2.29%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, TDVI has performed better with a 52.59% return vs 7.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TDVI and KNG have the same expense ratio: 0.75% per year.
KNG has the higher dividend yield at 8.67%, compared with 6.41% for TDVI.
TDVI is categorized as Derivative Income, while KNG is Dividend.
TDVI currently has the higher Sharpe Ratio (3.00 vs 0.73), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for TDVI and KNG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer