YLDE vs. KNG

Last updated Apr 2, 2026

Compare and contrast key facts about ClearBridge Dividend Strategy ESG ETF (YLDE) and FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG).

YLDE and KNG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YLDE is an actively managed fund by Franklin Templeton. It was launched on May 22, 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.

Performance

YLDE vs. KNG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ClearBridge Dividend Strategy ESG ETF (YLDE) and FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG). The values are adjusted to include any dividend payments, if applicable.

YLDE vs. KNG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
YLDE ClearBridge Dividend Strategy ESG ETF	0.78%	13.09%	16.44%	15.69%	-8.56%	22.12%	10.35%	32.46%	-2.61%
KNG FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF	1.22%	6.63%	5.99%	7.48%	-7.03%	24.78%	7.21%	26.64%	-0.84%

Returns By Period

In the year-to-date period, YLDE achieves a 0.78% return, which is significantly lower than KNG's 1.22% return.

YLDE

• 1D: 0.14%
• 1M: -5.24%
• YTD: 0.78%
• 6M: 2.35%
• 1Y: 11.58%
• 3Y*: 14.55%
• 5Y*: 10.37%
• 10Y*: —

KNG

• 1D: -0.02%
• 1M: -6.54%
• YTD: 1.22%
• 6M: 3.22%
• 1Y: 5.13%
• 3Y*: 6.52%
• 5Y*: 5.64%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

YLDE vs. KNG - Expense Ratio Comparison

YLDE has a 0.60% expense ratio, which is lower than KNG's 0.75% expense ratio.

KNG

FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF

YLDE

ClearBridge Dividend Strategy ESG ETF

Return for Risk

YLDE vs. KNG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

YLDE

YLDE Risk / Return Rank: 45
YLDE Sharpe Ratio Rank: 45
YLDE Sortino Ratio Rank: 42
YLDE Omega Ratio Rank: 45
YLDE Calmar Ratio Rank: 43
YLDE Martin Ratio Rank: 51

KNG

KNG Risk / Return Rank: 22
KNG Sharpe Ratio Rank: 22
KNG Sortino Ratio Rank: 22
KNG Omega Ratio Rank: 20
KNG Calmar Ratio Rank: 22
KNG Martin Ratio Rank: 23

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

YLDE vs. KNG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ClearBridge Dividend Strategy ESG ETF (YLDE) 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.

	YLDE	KNG	Difference
Sharpe ratio Return per unit of total volatility	0.87	0.38	+0.49
Sortino ratio Return per unit of downside risk	1.24	0.64	+0.61
Omega ratio Gain probability vs. loss probability	1.19	1.08	+0.10
Calmar ratio Return relative to maximum drawdown	1.20	0.47	+0.72
Martin ratio Return relative to average drawdown	5.21	1.70	+3.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

YLDE vs. KNG - Sharpe Ratio Comparison

The current YLDE Sharpe Ratio is 0.87, which is higher than the KNG Sharpe Ratio of 0.38. The chart below compares the historical Sharpe Ratios of YLDE and KNG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	YLDE	KNG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.87	0.38	+0.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.77	0.42	+0.35
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	0.49	+0.24

Correlation

The correlation between YLDE and KNG is 0.74, 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.

Dividends

YLDE vs. KNG - Dividend Comparison

YLDE's dividend yield for the trailing twelve months is around 7.03%, less than KNG's 8.67% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
YLDE ClearBridge Dividend Strategy ESG ETF	7.03%	5.68%	1.69%	1.64%	1.68%	1.15%	1.46%	1.65%	2.25%	1.31%
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%	0.00%

Drawdowns

YLDE vs. KNG - Drawdown Comparison

The maximum YLDE drawdown since its inception was -33.23%, smaller than the maximum KNG drawdown of -35.12%. Use the drawdown chart below to compare losses from any high point for YLDE and KNG.

Drawdown Indicators

	YLDE	KNG	Difference
Max Drawdown Largest peak-to-trough decline	-33.23%	-35.12%	+1.89%
Max Drawdown (1Y) Largest decline over 1 year	-9.72%	-10.55%	+0.83%
Max Drawdown (5Y) Largest decline over 5 years	-20.22%	-18.20%	-2.02%
Current Drawdown Current decline from peak	-5.64%	-6.79%	+1.15%
Average Drawdown Average peak-to-trough decline	-3.57%	-4.10%	+0.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.23%	2.94%	-0.71%

Volatility

YLDE vs. KNG - Volatility Comparison

ClearBridge Dividend Strategy ESG ETF (YLDE) has a higher volatility of 3.58% compared to FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) at 3.36%. This indicates that YLDE'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.

Volatility by Period

	YLDE	KNG	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.58%	3.36%	+0.22%
Volatility (6M) Calculated over the trailing 6-month period	7.07%	7.47%	-0.40%
Volatility (1Y) Calculated over the trailing 1-year period	13.40%	13.64%	-0.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.55%	13.63%	-0.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.86%	17.30%	-1.44%