FT Vest S&P 500 Dividend Aristocrats Target Income ETF
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- Description
- Performance
- Comps
- Fundamentals
- Valuation
- Rating
KNG tracks an equal-weighted index of US large-cap companies that have increased dividends for at least 25 years, with a partial overlay of covered call options. |
Category | US Equities |
Fund Sponsor | First Trust |
Website | www.ftportfolios.com |
Inception date | Mar 26, 2018 |
Assets (mns) | $3,568 |
Currency | USD |
Expense ratio | 75 bp |
Distributions | Quarterly |
Regulation | Open-Ended Fund |
Custodian | |
Weighting | Market Cap |
Index replication | |
Uses derivatives | Yes |
Options available | No |
No. of constituents | 134 |
Wgt avg mkt cap (mns) | $110,072 |
Large cap (>$10bn) | 98.4% |
Mid cap ($2-10bn) | 1.6% |
Small cap (<$2bn) | 0.0% |
Developed mkts | 100.0% |
Emerging mkts | 0.0% |
C.H. ROBINSON WORLDWIDE INC | 1.9 % |
BROWN & BROWN INC | 1.8 % |
ESSEX PROPERTY TRUST INC | 1.8 % |
S&P GLOBAL, INC. | 1.8 % |
WAL-MART STORES INC | 1.8 % |
AMCOR PLC | 1.8 % |
SHERWIN-WILLIAMS CO/THE | 1.7 % |
CINTAS CORP | 1.7 % |
AFLAC INC | 1.7 % |
NEXTERA ENERGY GROUP | 1.7 % | Total | 17.6 % |
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UNITED STATES | 93.4 % | |
BRITAIN | 4.9 % | |
SWITZERLAND | 1.7 % | |
IRELAND | 1.5 % |
HISTORICAL PERFORMANCE
Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
13.1% | 18.0% | 9.4% | -- | 10.2% |
versus... | Beta | R-squared |
S&P500 | 0.79 | 78% |
MSCI EAFE | 0.79 | 77% |
MSCI Emg. Mkts. | 0.54 | 35% |
Recent close | $53.39 |
30d moving avg. | $53.67 |
Annualized volatility | 15.8% |
Short interest (ETF) | 0.1% |
Short interest (Underlying) | 1.8% |
Relative strength (RSI) | 47 |
Avg. volume (thou.) | 392 |
Turnover | 0.6% |
Bid/Ask (% of price) | 0.09% |
ADV underlying (mns) | $23,520 |
FINDING ALTERNATIVE FUNDS
Below is a list of 33 potential alternatives to the FT Vest S&P 500 Dividend Aristocrats Target Income ETF ETF based on the alternatives' overlap in portfolio holdings with KNG. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.
Benchmark ticker: | KNG | Expense: | 75 bp | ALTAR Score™: | 5.4% |
Ticker | Fund Name |
Overlap1 vs KNG (%) |
Expense ratio (bp) |
Savings vs KNG (bp) |
ALTAR Score™ (%) |
ALTAR vs KNG (%) |
SIXH | ETC 6 Meridian Hedged Equity Index Option ETF | 22.1 | 82 | -7 | 5.6 | +0.3 |
CCOR | Core Alternative ETF | 21.9 | 107 | -32 | 4.7 | -0.7 |
ACIO | Aptus Collared Investment Opportunity ETF | 15.5 | 79 | -4 | 4.0 | -1.3 |
XYLE | Global X S&P 500 ESG Covered Call ETF | 14.7 | 60 | 15 | 4.7 | -0.7 |
EFIV | SPDR S&P 500 ESG ETF | 14.4 | 10 | 65 | 5.0 | -0.4 |
DJIA | Global X Dow 30 Covered Call ETF | 12.9 | 60 | 15 | 4.7 | -0.7 |
PBP | Invesco S&P 500 BuyWrite ETF | 12.9 | 49 | 26 | 4.5 | -0.9 |
XRMI | Global X S&P 500 Risk Managed Income ETF | 12.9 | 60 | 15 | 4.4 | -1.0 |
DYLG | Global X Dow 30 Covered Call & Growth ETF | 12.9 | 60 | 15 | 4.7 | -0.7 |
XYLD | Global X S&P 500 Covered Call ETF | 12.9 | 60 | 15 | 4.4 | -1.0 |
XYLG | Global X S&P 500 Covered Call & Growth ETF | 12.7 | 60 | 15 | 4.4 | -1.0 |
SFLR | Innovator Equity Managed Floor ETF | 12.6 | 89 | -14 | 3.9 | -1.4 |
XTR | Global X S&P 500 Tail Risk ETF | 12.5 | 26 | 49 | 4.8 | -0.5 |
XCLR | Global X S&P 500 Collar 95-110 ETF | 12.4 | 25 | 50 | 4.8 | -0.5 |
FTHI | First Trust BuyWrite Income ETF | 9.4 | 75 | 0 | 4.6 | -0.8 |
DIVO | Amplify CWP Enhanced Dividend Income ETF | 7.4 | 55 | 20 | 5.3 | -0.1 |
HYLG | Global X Health Care Covered Call & Growth ETF | 6.7 | 60 | 15 | 6.9 | +1.5 |
XVOL | Acruence Active Hedge U.S. Equity ETF | 6.1 | 83 | -8 | 4.6 | -0.8 |
QYLE | Global X Nasdaq 100 ESG Covered Call ETF | 5.3 | 60 | 15 | 4.3 | -1.0 |
FTQI | First Trust Nasdaq BuyWrite Income ETF | 5.0 | 75 | 0 | 3.3 | -2.1 |
QYLD | Global X NASDAQ 100 Covered Call ETF | 5.0 | 60 | 15 | 4.1 | -1.3 |
QRMI | Global X NASDAQ 100 Risk Managed Income ETF | 5.0 | 60 | 15 | 4.1 | -1.2 |
QYLG | Global X Nasdaq 100 Covered Call & Growth ETF | 4.9 | 60 | 15 | 4.0 | -1.3 |
NUSI | Nationwide Nasdaq-100 Risk-Managed Income ETF | 4.9 | 68 | 7 | 4.0 | -1.4 |
QCLR | Global X NASDAQ 100 Collar 95-110 ETF | 4.8 | 25 | 50 | 4.4 | -1.0 |
QTR | Global X NASDAQ 100 Tail Risk ETF | 4.8 | 26 | 49 | 4.3 | -1.0 |
JEPQ | J.P. Morgan Nasdaq Equity Premium Income ETF | 3.6 | 35 | 40 | 4.3 | -1.0 |
FYLG | Global X Financials Covered Call & Growth ETF | 2.8 | 60 | 15 | 4.7 | -0.7 |
LCG | Sterling Capital Focus Equity ETF | 1.8 | 59 | 16 | 3.4 | -2.0 |
THNQ | ROBO Global Artificial Intelligence ETF | 1.6 | 68 | 7 | 1.3 | -4.1 |
MMLG | First Trust Multi-Manager Large Growth ETF | 1.6 | 85 | -10 | 1.8 | -3.6 |
TYLG | Global X Information Technology Covered Call & Growth ETF | 1.4 | 60 | 15 | 4.5 | -0.9 |
GARP | iShares MSCI USA Quality GARP ETF | 1.0 | 15 | 60 | 4.7 | -0.7 |
1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.
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RESULTS & ESTIMATES
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | |
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Sales per share | ** | ** | ** | ** | ** | ** | ** |
Earnings per share | ** | ** | ** | ** | ** | ** | ** |
Dividends per share | ** | ** | ** | ** | ** | ** | ** |
Book value per share | ** | ** | ** | ** | ** | ** | ** |
Sales per share growth | **% | **% | **% | **% | **% | **% | |
EPS growth | **% | **% | **% | **% | **% | **% |
Sales per share growth | **% | **% | **% | **% | **% | **% | |
EPS growth | **% | **% | **% | **% | **% | **% |
OTHER FUNDAMENTAL METRICS
Long term EPS growth est. | **% | Debt-to-equity | **x | |
Asset turnover | **% | Assets-to-equity | **x |
*Six months ago = 100 |
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VALUATION METRICS
2023 | 2024E | 2025E | |
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Price-to-sales | ** | ** | ** |
Price-to-earnings | ** | ** | ** |
Price-to-cash flow | ** | ** | ** |
Price-to-growth | ** | ** | ** |
Price-to-book value | ** | ** | ** |
Yield | ** | ** | ** |
Historical valuation trends
Forward multiple: |
FT Vest S&P 500 Dividend Aristocrats Target Income ETF | |||
Relative to: |
S&P500 | MSCI EAFE | MSCI Emg. Mkts. | Other ETF: |
NEUTRAL |
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds. |
ALTAR Score™
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MODERN PORTFOLIO THEORY
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CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
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