FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF
$49.33−0.14 (−0.27%)
- Expense ratio
- 0.74%
- Fund size
- $3.3B
- 1Y return
- +9.2%
- Yield · Last 12 months
- 8.52%
- Holdings
- 138
- Volume · 30D
- 0.3M sh
- NAV per share
- $49.22
- 52W range
The ETF.net KNG Grade
Score 72 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 67Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 52Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 91Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 81Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 96Category rank
Our read on KNG
ADividend Aristocrats with an income motor bolted on. KNG equal-weights the S&P 500's 25-year dividend raisers, then sells calls on each stock, sized by rule to hit an income target above the index's yield. Monthly payer since 2018.
The Fund seeks to track the price and yield of the Cboe S&P 500 Dividend Aristocrats Target Income Index Monthly Series before fees and expenses.
Why people hold it
- Base portfolio is the S&P 500 Dividend Aristocrats: roughly 140 companies that have raised dividends for at least 25 straight years, held equal-weighted instead of by market cap.cdn.cboe.com
- The overlay is written stock by stock, not as one index-level call, and the call count floats by rule to chase an income target set against the S&P 500's dividend yield.sec.govcdn.cboe.com
- Calls cover only part of each position, so a slice of every holding stays uncapped. Income lands monthly.sec.gov
- Running since 2018, well before the covered-call crowd showed up, and one of the stronger implementations in its peer group.
Worth knowing
- Calls cap the upside on the covered portion of each stock, so in a fast rally those shares can lag the Aristocrats the fund holds outright.sec.gov
- Coverage floats with option pricing, so how much of the portfolio is written against (and how much upside stays open) shifts over time.cdn.cboe.comsec.gov
- Distributions can include return of capital, which trims your cost basis. At 0.74%, the fee sits about level with the 0.75% cohort median, and it prices like an options strategy.
KNG Holdings
- Other
- 138
- 17%
- JNJ
Sectors
- Cons. Staples22.7%
- Industrials19.7%
- Financials13.3%
- Health Care10.9%
- Materials10.0%
- Consumer Discr.5.8%
- Utilities5.3%
- Technology5.1%
- Real Estate4.0%
- Energy3.2%
Geography
- United States92.74%
- Switzerland3.09%
- United Kingdom2.56%
- Ireland1.61%
KNG Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | KNG |
|---|---|
| Year to date | +6.5% |
| 1 month | −4.7% |
| 3 months | +2.2% |
| 1 year | +9.2% |
| 3 years | +8.2% |
| 5 years | +5.7% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | KNG |
|---|---|---|
| 2026 YTD | +6.5% | |
| 2025 | +6.6% | |
| 2024 | +6.0% | |
| 2023 | +7.5% | |
| 2022 | −7.1% | |
| 2021 | +24.7% | |
| 2020 | +7.2% |
KNG in the news
ETF.net Research hasn’t filed on KNG yet — coverage lands here as it’s written.
KNG Dividends
- 8.52%
- $4.21
- $0.36 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 21, 2026 | Aug 31, 2026 | $0.36 |
| Jul 21, 2026 | Jul 31, 2026 | $0.36 |
| Jun 25, 2026 | Jun 30, 2026 | $0.35 |
| May 21, 2026 | May 29, 2026 | $0.34 |
| Apr 21, 2026 | Apr 30, 2026 | $0.35 |
| Mar 26, 2026 | Mar 31, 2026 | $0.34 |
| Feb 20, 2026 | Feb 27, 2026 | $0.37 |
| Jan 21, 2026 | Jan 30, 2026 | $0.36 |
| Dec 12, 2025 | Dec 31, 2025 | $0.34 |
| Nov 21, 2025 | Nov 28, 2025 | $0.34 |
| Oct 21, 2025 | Oct 31, 2025 | $0.34 |
| Sep 25, 2025 | Sep 30, 2025 | $0.35 |
KNG Risk
- 11.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.33
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −18.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.59
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
KNG Cost
- The middle half of Index Option Income funds
- Median 0.81%
7 of the 25 Index Option Income funds charge less.