FFA vs KIO

Comparison between First Trust Enhanced Equity Income Fund (FFA, ETF) and KKR Income Opportunities Fund (KIO, ETF).

5-Year PerformanceFFA has outperformed KIO, delivering a return of +9.2% compared to +3.3%

FFA vs KIO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FFA(ETF)	KIO(ETF)
Net Assets	$493M	$493M
Max Drawdown	67.57%	54.47%
Sharpe Ratio	1.04	-0.33
5Y Beta	0.82	0.42
5Y Dividends CAGR	5.05%	3.65%

Net Assets

FFA

$493M

Winner

KIO

$493M

Max Drawdown

FFA

67.57%

Winner

KIO

54.47%

Sharpe Ratio

Winner

FFA

1.04

KIO

-0.33

5Y Beta

FFA

0.82

Winner

KIO

0.42

5Y Dividends CAGR

Winner

FFA

5.05%

KIO

3.65%

FFA vs KIO - Historical Returns

Returns include dividend reinvestment.

Period	FFA	KIO
1 month	+2.46%	-0.38%
3 months	+3.93%	+2.16%
6 months	+6.53%	+1.08%
1 year	+16.02%	-1.07%
5 years(CAGR)	+9.16%	+3.25%
10 years(CAGR)	+13.24%	+6.98%
Max(CAGR)	+8.79%	+5.74%

Winner

FFA

+2.46%

KIO

-0.38%

Winner

FFA

+3.93%

KIO

+2.16%

Winner

FFA

+6.53%

KIO

+1.08%

Winner

FFA

+16.02%

KIO

-1.07%

5Y(CAGR)

Winner

FFA

+9.16%

KIO

+3.25%

10Y(CAGR)

Winner

FFA

+13.24%

KIO

+6.98%

Max(CAGR)

Winner

FFA

+8.79%

KIO

+5.74%

FFA vs KIO - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	FFA	KIO
2026	+6.23%	+2.32%
2025	+15.20%	-2.83%
2024	+21.85%	+17.41%
2023	+25.05%	+29.09%
2022	-21.72%	-27.27%
2021	+34.90%	+27.26%
2020	+12.91%	+1.34%
2019	+41.13%	+20.28%
2018	-16.34%	-2.51%
2017	+28.64%	+9.90%
2016	+12.51%	+29.34%
2015	-1.29%	-5.77%
2014	+15.77%	-1.42%
2013	+17.87%	-7.01%
2012	+16.62%	N/A
2011	-9.46%	N/A
2010	+15.50%	N/A
2009	+39.27%	N/A
2008	-36.55%	N/A
2007	-3.19%	N/A
2006	+16.38%	N/A
2005	-6.11%	N/A
2004	+2.75%	N/A

FFA vs KIO Drawdown Comparison

The maximum drawdown for FFA was -57.63%, occurring on Mar 9, 2009. Recovery took 1207 trading sessions.

The maximum drawdown for KIO was -43.82%, occurring on Mar 18, 2020. Recovery took 234 trading sessions.

The current FFA drawdown is -1.49%. The current KIO drawdown is -8.96%.

Rank	FFA	KIO
#1	-57.63% Jun 1, 2007 - Mar 15, 2012	-43.82% Feb 20, 2020 - Jan 25, 2021
#2	-44.35% Feb 20, 2020 - Nov 17, 2020	-31.84% Dec 31, 2021 - Feb 29, 2024
#3	-29.93% Dec 30, 2021 - Mar 20, 2024	-22.85% Oct 9, 2024 - Apr 7, 2025
#4	-24.26% Aug 29, 2018 - Jun 18, 2019	-22.05% Jun 30, 2014 - Jun 17, 2016
#5	-21.28% May 20, 2015 - Dec 16, 2016	-18.47% Aug 27, 2018 - Apr 11, 2019
#6	-19.96% Feb 19, 2025 - Jun 27, 2025	-13.68% Oct 12, 2017 - Aug 3, 2018
#7	-13.35% Sep 7, 2005 - Sep 21, 2006	-12.61% Jul 26, 2013 - Jun 30, 2014
#8	-11.37% Oct 17, 2012 - Jan 7, 2013	-6.92% Oct 25, 2016 - Dec 16, 2016
#9	-11.24% Jan 2, 2018 - Jun 20, 2018	-6.55% Nov 11, 2021 - Dec 31, 2021
#10	-10.52% Sep 5, 2014 - Nov 7, 2014	-5.66% May 6, 2019 - Jun 21, 2019
#11	-10.11% Feb 9, 2026 - Apr 16, 2026	-3.69% Jun 23, 2016 - Jul 15, 2016
#12	-9.82% Sep 8, 2021 - Dec 29, 2021	-3.48% Mar 28, 2024 - May 3, 2024
#13	-8.70% Apr 2, 2012 - Aug 3, 2012	-3.46% Aug 2, 2019 - Sep 24, 2019
#14	-8.32% Jul 16, 2024 - Sep 19, 2024	-3.41% Jul 31, 2024 - Aug 19, 2024
#15	-7.66% May 21, 2013 - Oct 29, 2013	-3.11% Sep 10, 2021 - Oct 22, 2021

Correlation

Correlation between FFA and KIO is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2004 - 2026)

FFA vs KIO dividend yield comparison.

Year	FFA	KIO
2026	3.45%	7.74%
2025	6.70%	12.58%
2024	6.59%	10.90%
2023	6.90%	11.34%
2022	7.99%	11.44%
2021	5.92%	7.45%
2020	6.47%	10.12%
2019	6.61%	9.51%
2018	8.82%	10.53%
2017	6.83%	9.66%
2016	7.07%	9.92%
2015	7.12%	10.81%
2014	6.42%	10.19%
2013	6.76%	3.00%
2012	7.60%	0.00%
2011	8.31%	0.00%
2010	6.96%	0.00%
2009	8.21%	0.00%
2008	18.10%	0.00%
2007	10.27%	0.00%
2006	8.69%	0.00%
2005	9.35%	0.00%
2004	2.68%	0.00%