Skip to Content
ETFs

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

KNG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 26 2018
Expense Ratio
0.75%
Type
US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$20,103,662
AUM
$1,272,775,500
Associated Index
CBOE S&P 500 Dividend Aristocrat Target Income Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

XOM
Exxon Mobil Corp.
1.76%
ABBV
Abbvie Inc
1.74%
CB
Chubb Limited
1.71%
IBM
International Business Machines Corp.
1.71%
CAT
Caterpillar Inc.
1.70%
AFL
Aflac Inc.
1.70%
CINF
Cincinnati Financial Corp.
1.69%
EMR
Emerson Electric Co.
1.69%
BRO
Brown & Brown, Inc.
1.66%
GD
General Dynamics Corp.
1.65%
Invest with KNG

What is KNG?

The FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an equity index called the Cboe S&P 500 Dividend Aristocrats Target Income Index Monthly Series (the "Index"). The Fund will normally invest at least 80% of its total assets (including investment borrowings) in the common stocks and call options that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index.

ETFs related toKNG

ETFs correlated to KNG include NOBL, SDY, SCHV

KNG
First Trust Exchange-Traded Fund IV - FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF
NOBL
ProShares Trust - ProShares S&P 500 Dividend Aristocrats ETF
SDY
SPDR Series Trust - SPDR Dividend ETF
SCHV
Schwab Strategic Trust - Schwab U.S. Large-Cap Value ETF
JPUS
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return U.S. Equity ETF
LGLV
SPDR Series Trust - SPDR SSGA US Large Cap Low Volatility Index ETF
FVD
First Trust Exchange-Traded Fund III - First Trust Value Line Dividend Index Fund
NULV
Nuveen Fund Advisors LLC - Nuveen ESG Large-Cap Value ETF
RSP
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight ETF
IWD
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Value ETF
DGRO
BlackRock Institutional Trust Company N.A. - iShares Core Dividend Growth ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toKNG

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with KNG using Composer

FAQ

KNG is a US Equities ETF. The FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an equity index called the Cboe S&P 500 Dividend Aristocrats Target Income Index Monthly Series (the "Index"). The Fund will normally invest at least 80% of its total assets (including investment borrowings) in the common stocks and call options that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index.

KNG tracks the CBOE S&P 500 Dividend Aristocrat Target Income Index.

KNG dividend information: Dividend - Regular Payors. Dividend payouts may vary in terms of frequency of payouts.

No, KNG is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, KNG is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on KNG is -0.0215%. This is the percent change in the value of KNG over the most recent 1-month period. The 3-month return on KNG is -0.0145%. This is the percent change in the value of KNG over the most recent 3-month period.

The standard deviation of KNG for the past year is 0.1593%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to KNG include VIG, VYM, and DFAS.

ETFs correlated to KNG include NOBL, SDY, and SCHV.

ETFs that are inversely correlated to KNG include SDOW, DOG, and DXD.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.