^GSPTXDV vs. KNG
Compare and contrast key facts about S&P/TSX Dividend Aristocrats (^GSPTXDV) and FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG).
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: ^GSPTXDV or KNG.
Key characteristics
| ^GSPTXDV | KNG | |
|---|---|---|
| YTD Return | 12.63% | 10.56% |
| 1Y Return | 17.11% | 12.97% |
| 3Y Return (Ann) | 2.92% | 6.03% |
| 5Y Return (Ann) | 5.01% | 9.37% |
| Sharpe Ratio | 1.88 | 1.42 |
| Daily Std Dev | 10.90% | 9.89% |
| Max Drawdown | -46.09% | -35.12% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between ^GSPTXDV and KNG is 0.69, 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.
Performance
^GSPTXDV vs. KNG - Performance Comparison
In the year-to-date period, ^GSPTXDV achieves a 12.63% return, which is significantly higher than KNG's 10.56% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
^GSPTXDV vs. KNG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P/TSX Dividend Aristocrats (^GSPTXDV) 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.
Drawdowns
^GSPTXDV vs. KNG - Drawdown Comparison
The maximum ^GSPTXDV drawdown since its inception was -46.09%, which is greater than KNG's maximum drawdown of -35.12%. Use the drawdown chart below to compare losses from any high point for ^GSPTXDV and KNG. For additional features, visit the drawdowns tool.
Volatility
^GSPTXDV vs. KNG - Volatility Comparison
S&P/TSX Dividend Aristocrats (^GSPTXDV) has a higher volatility of 2.33% compared to FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) at 2.13%. This indicates that ^GSPTXDV'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.