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DRMY vs KNG

XFUNDS MEMORY INCOME ETF

DRMYFNYSE Arca

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

KNGACboe

Overlap

Expense ratio

KNG −0.27pt a year

DRMY1.01%KNG0.74%

Avg volume · 30D

KNG 31.4×the volume

DRMY9.89KKNG311K

DRMY vs KNG Performance

Jul 31, 2026 – Oct 30, 2026

−4.1%DRMY+3.8%KNG

Jul 31, 2026 to Oct 30, 2026. DRMY −4.1%. KNG +3.8%. Use the arrow keys to read each point.−10%10%20%30%Jul 2026Sep 2026Oct 2026
Expense ratio
DRMY 1.01%
KNG 0.74%, better
Fund size
DRMY $8M
KNG $3.41B
1Y total return
DRMY No data
KNG +16.3%
Yield (12M)
DRMY No data
KNG 8.16%
Holdings
DRMY 21
KNG 70
Avg volume (30D)
DRMY 9.89K sh
KNG 311K sh, better
NAV per share
DRMY $40.98
KNG $51.65
52W range

ETF.net Grade

DRMY: Cost 25, Risk 11, Mission not scored, Tradability 6, Holdings not scored, Durability 23. KNG: Cost 63, Risk 67, Mission not scored, Tradability 92, Holdings 81, Durability 96.
Pillar letters and Scores for DRMY, KNG, with each pillar’s weight
PillarDRMYKNG
Cost30% weightD25B63Higher
Mission25% weightNot scoredNot scored
Risk15% weightF11B67Higher
Tradability15% weightF6A92Higher
Holdings10% weightNot scoredA81
Durability5% weightF23A96Higher

Rank among Index Option Income funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. DRMY and KNG are both graded against the same 25 Index Option Income funds, so their Grades compare head to head.

Index Option Income⁠

Category · 25 funds
See all 25 ›

KNG ranks 3rd and DRMY 24th of 25 funds in the Index Option Income Category.

  1. Rank 1ALQDWiShares Investment Grade Corporate Bond BuyWrite Strategy ETFScore 87
  2. Rank 2AEFAAInvesco MSCI EAFE Income Advantage ETFScore 78
  3. Rank 3AKNGFT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETFScore 73
  4. Rank 4BIDUBAptus International Enhanced Yield ETFScore 68
  5. Rank 23DSEMYGraniteShares YieldBOOST Semiconductor ETFScore 28
  6. Rank 24FDRMYXFUNDS MEMORY INCOME ETFScore 17
  7. Rank 25FISSBIncomeSTKd 1x US Stocks & 1x Bitcoin Premium ETFScore 8

Our read on each fund

ETF.net Research

DRMYFXFUNDS MEMORY INCOME ETF

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

In short

DRMY No data

KNG Dividend 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.

Stated mandate

DRMY No data

KNG 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

DRMY No data

  • KNG 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.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.govcboe.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

DRMY No data

  • KNG 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.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.

Full DRMY profile⁠

Full KNG profile⁠

DRMY vs KNG Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DRMY vs KNG Cost

Overpaying DRMY vs KNG

$4,543

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • DRMY 1.01%

    $18,850

  • KNG 0.74%

    $14,307

$10,000
30 years

Cost over time

  • DRMY 1.01%
  • KNG 0.74%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530DRMY $18,850KNG $14,307

Year by year

YearDRMYKNGOverpaying
10$1,780$1,319$461
20$6,686$5,015$1,671
30$18,850$14,307$4,543

Expense ratio

  • 1.01%DRMY
  • 0.74%KNG, cheaper
  • Middle half of Index Option Income funds
  • Median 0.81%

KNG 9th cheapest of 25 funds

DRMY 19th cheapest of 25 funds

DRMY vs KNG Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
DRMY No data
KNG 8.16%
Payout (12M)
DRMY No data
KNG $4.22
Last payment
DRMY $0.25
KNG $0.35
Ex-dividend
DRMY Oct 28, 2026
KNG Oct 21, 2026
Paid on
DRMY Oct 29, 2026
KNG Oct 30, 2026
Frequency
DRMY Weekly
KNG Monthly

Distribution history

Per share, 2026, same scale for both

DRMYWeekly · 11 paymentsAll DRMY payments⁠
One bar per payment. 11 payments in 2026 YTD. Aug 19, 2026 $0.33; Aug 26, 2026 $0.33; Sep 2, 2026 $0.32; Sep 9, 2026 $0.31; Sep 16, 2026 $0.33; Sep 23, 2026 $0.33; Sep 30, 2026 $0.34; Oct 7, 2026 $0.34; Oct 14, 2026 $0.32; Oct 21, 2026 $0.25; Oct 28, 2026 $0.25. Use the arrow keys to read each point.$0$0.252026YTD
KNGMonthly · 10 paymentsAll KNG payments⁠
One bar per payment. 10 payments in 2026 YTD. Jan 21, 2026 $0.36; Feb 20, 2026 $0.37; Mar 26, 2026 $0.34; Apr 21, 2026 $0.35; May 21, 2026 $0.34; Jun 25, 2026 $0.35; Jul 21, 2026 $0.36; Aug 21, 2026 $0.36; Sep 24, 2026 $0.34; Oct 21, 2026 $0.35. Use the arrow keys to read each point.$0$0.252026YTD

DRMY vs KNG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
DRMY No dataKNG 12.1%
Return per unit of riskSharpe ratio, 3 years
DRMY No dataKNG 0.64
Worst fallMax drawdown, 5 years
DRMY No dataKNG −18.2%
Market sensitivityBeta, 5 years
DRMY 0.00KNG 0.57

DRMY and KNG in the news

All news⁠

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