KIO vs FFA

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

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

KIO vs FFA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

KIO

$493M

FFA

$493M

Max Drawdown

Winner

KIO

54.47%

FFA

67.57%

Sharpe Ratio

KIO

-0.33

Winner

FFA

1.04

5Y Beta

Winner

KIO

0.42

FFA

0.82

5Y Dividends CAGR

KIO

3.65%

Winner

FFA

5.05%

KIO vs FFA - Historical Returns

Returns include dividend reinvestment.

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

KIO

-0.38%

Winner

FFA

+2.46%

KIO

+2.16%

Winner

FFA

+3.93%

KIO

+1.08%

Winner

FFA

+6.53%

KIO

-1.07%

Winner

FFA

+16.02%

5Y(CAGR)

KIO

+3.25%

Winner

FFA

+9.16%

10Y(CAGR)

KIO

+6.98%

Winner

FFA

+13.24%

Max(CAGR)

KIO

+5.74%

Winner

FFA

+8.79%

KIO vs FFA - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

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

KIO vs FFA Drawdown Comparison

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

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

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

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

Correlation

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

0.96

-101

Dividend Comparison (2004 - 2026)

KIO vs FFA dividend yield comparison.

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