KNGZ
First Trust S&P 500 Diversified Dividend Aristocrats ETF
The First Trust US Equity Dividend Select ETF tracks a sector-neutral US large-cap index selected and weighted by dividends.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
49.0 M
ASSETS UNDER MGMT
50 bp
EXPENSES
Fund Basics
| Fund sponsor | First Trust |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Jun 20, 2017 |
| Assets (mns) | $49 |
| Expense ratio | 50 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Dividends |
| Weighting | Dividends |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| HP INC. | 3.9 % |
| INTL BUSINESS MACHINES CORP | 3.5 % |
| HEWLETT PACKARD ENTERPRISE CO. | 3.4 % |
| VERIZON COMMUNICATIONS INC | 3.4 % |
| TEXAS INSTRUMENTS INC | 3.2 % |
| CORNING INC | 3.1 % |
| QUALCOMM INC | 2.4 % |
| MICROCHIP TECHNOLOGY INC | 2.3 % |
| TE CONNECTIVITY | 2.2 % |
| FRANKLIN RESOURCES INC | 2.2 % |
Constituent Breakdown
| Number of holdings | 97 |
| Herfindahl-Hirschman Index | 163 |
| Wgt avg mkt cap (mns) | $124,585 |
| Large cap (>$10bn) | 96.8% |
| Mid cap ($2-10bn) | 3.2% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 92.3 % |
 |
IRELAND | 5.3 % |
 |
SWITZERLAND | 1.0 % |
 |
BERMUDA | 0.6 % |
 |
BRITAIN | 0.6 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 14.3% | 31.1% | 13.6% | 7.4% | 11.2% | -- | 10.4% | Volatility | 11.7% | 12.0% | 14.0% | 16.2% | 21.4% | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.90 | 82% |
| MSCI EAFE | 0.86 | 79% |
| MSCI Emg Mkts | 0.66 | 45% |
Liquidity Measures
| Avg. volume (000) | 12 |
| Turnover | 0.8% |
| Avg. Bid/Ask (% of price) | 0.34% |
| ADV of underlying (mns) | $52,835 |
Technical Indicators
| Recent close | $33.81 |
| 30d moving avg. | $34.17 |
| Annualized volatility | 17.2% |
| Relative strength (RSI) | 51 |
| Short interest (ETF) | 1.4% |
| Short interest (underlying) | 2.9% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. KNGZ |
Expenses vs. KNGZ |
ALTAR Score™ vs. KNGZ |
|---|---|---|---|---|
| SPDG | SPDR Portfolio S&P Sector Neutral Dividend ETF | 37.6% | -45 bp | -0.3% |
| DIVB | iShares Core Dividend ETF | 35.5% | -45 bp | -0.2% |
| JHDV | John Hancock U.S. High Dividend ETF | 34.0% | -16 bp | -1.4% |
| CDL | VictoryShares US Large Cap High Dividend Volatility Wtd ETF | 32.0% | -15 bp | +0.0% |
| CDC | VictoryShares US EQ Income Enhanced Volatility Wtd ETF | 31.9% | -12 bp | 0.0% |
| SDOG | ALPS Sector Dividend Dogs ETF | 31.5% | -14 bp | +1.6% |
| SDY | SPDR S&P Dividend ETF | 29.9% | -15 bp | -1.7% |
| VYM | Vanguard High Dividend Yield Index ETF | 29.0% | -44 bp | -0.8% |
| DIVG | Invesco S&P 500 High Dividend Growers ETF | 28.7% | -11 bp | -0.2% |
| DGRO | iShares Core Dividend Growth ETF | 28.7% | -42 bp | -1.3% |
Risk and Returns: KNGZ vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/15/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
KNGZ
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.
ALTAR Score™
KNGZ
7.6%
Cat. Avg
5.5%
ALTAR Score™ Calculation
Category Overview
There are 973 funds in the US Equity category, with an average ALTAR Score™
of 5.5% and a standard deviation of
2.4%. KNGZ's ALTAR Score™ is approximately
0.9 standard deviations
above
the category average. This places KNGZ in the 82nd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
KNGZSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| KNGZ (50 bp) Percentile rank | 55 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| KNGZ | 50.0 | 34.2 | 84.2 |
| Peer Avg. | 26.7 | 10.4 | 37.2 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .