KNG vs SHM

Comparison between FT VEST S&P 500 DIVIDEND ARISTOCRATS TARGET INCOME ETF (KNG, ETF) and SPDR Nuveen Bloomberg Short Term Municipal Bond ETF (SHM, ETF).

5-Year PerformanceKNG has outperformed SHM, delivering a return of +4.3% compared to +0.9%

KNG vs SHM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KNG(ETF)	SHM(ETF)
Net Assets	$3.40B	$3.40B
Expense Ratio	0.74%	0.20%
Max Drawdown	35.12%	11.61%
Sharpe Ratio	0.59	0.01
5Y Beta	0.47	0.01
P/E Ratio	24.66	N/A
Forward P/E	18.01	N/A
PEG Ratio	3.37	N/A
5Y Dividends CAGR	20.34%	19.21%
5Y EPS CAGR	6.86%	N/A
Debt to Equity	-2.10%	N/A
P/S Ratio	1.80	N/A
P/B Ratio	3.34	N/A

Net Assets

KNG

$3.40B

SHM

$3.40B

Expense Ratio

KNG

0.74%

Winner

SHM

0.20%

Max Drawdown

KNG

35.12%

Winner

SHM

11.61%

Sharpe Ratio

Winner

KNG

0.59

SHM

0.01

5Y Beta

KNG

0.47

Winner

SHM

0.01

P/E Ratio

KNG

24.66

SHM

N/A

Forward P/E

KNG

18.01

SHM

N/A

PEG Ratio

KNG

3.37

SHM

N/A

5Y Dividends CAGR

Winner

KNG

20.34%

SHM

19.21%

5Y EPS CAGR

KNG

6.86%

SHM

N/A

Debt to Equity

KNG

-2.10%

SHM

N/A

P/S Ratio

KNG

1.80

SHM

N/A

P/B Ratio

KNG

3.34

SHM

N/A

KNG vs SHM - Historical Returns

Returns include dividend reinvestment.

Period	KNG	SHM
1 month	-0.80%	-0.05%
3 months	-4.99%	-0.37%
6 months	+4.93%	+1.05%
1 year	+9.13%	+3.75%
5 years(CAGR)	+4.30%	+0.87%
10 years(CAGR)	+8.48%	+1.15%
Max(CAGR)	+8.48%	+1.79%

KNG

-0.80%

Winner

SHM

-0.05%

KNG

-4.99%

Winner

SHM

-0.37%

Winner

KNG

+4.93%

SHM

+1.05%

Winner

KNG

+9.13%

SHM

+3.75%

5Y(CAGR)

Winner

KNG

+4.30%

SHM

+0.87%

10Y(CAGR)

Winner

KNG

+8.48%

SHM

+1.15%

Max(CAGR)

Winner

KNG

+8.48%

SHM

+1.79%

KNG vs SHM - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	KNG	SHM
2026	+1.72%	+0.45%
2025	+7.22%	+3.86%
2024	+5.75%	+1.22%
2023	+7.33%	+2.81%
2022	-6.60%	-3.80%
2021	+26.60%	-0.37%
2020	+7.48%	+2.53%
2019	+26.75%	+3.60%
2018	-0.85%	+1.42%
2017	N/A	+1.01%
2016	N/A	-0.49%
2015	N/A	+1.13%
2014	N/A	+1.01%
2013	N/A	+1.27%
2012	N/A	+1.32%
2011	N/A	+3.76%
2010	N/A	+1.19%
2009	N/A	+4.28%
2008	N/A	+5.83%
2007	N/A	+1.61%

KNG vs SHM Drawdown Comparison

The maximum drawdown for KNG was -35.12%, occurring on Mar 23, 2020. Recovery took 185 trading sessions.

The maximum drawdown for SHM was -11.61%, occurring on Mar 19, 2020. Recovery took 50 trading sessions.

The current KNG drawdown is -5.96%. The current SHM drawdown is -0.65%.

Rank	KNG	SHM
#1	-35.12% Jan 17, 2020 - Oct 12, 2020	-11.61% Mar 9, 2020 - May 19, 2020
#2	-18.22% Jan 4, 2022 - Jul 24, 2023	-6.97% Sep 23, 2008 - Dec 5, 2008
#3	-14.99% Sep 21, 2018 - Mar 29, 2019	-6.67% Aug 3, 2021 - Sep 5, 2024
#4	-14.23% Nov 29, 2024 - Dec 15, 2025	-3.50% Aug 31, 2010 - May 6, 2011
#5	-11.98% Jul 26, 2023 - Feb 22, 2024	-3.07% Feb 13, 2008 - Mar 18, 2008
#6	-8.61% Feb 27, 2026 - Mar 20, 2026	-2.70% Aug 22, 2016 - Aug 2, 2017
#7	-7.05% Oct 12, 2020 - Nov 9, 2020	-2.63% Apr 23, 2013 - Oct 23, 2013
#8	-6.19% Aug 16, 2021 - Nov 2, 2021	-2.07% Sep 5, 2017 - Jan 11, 2019
#9	-5.40% Apr 30, 2019 - Jun 13, 2019	-1.87% Feb 13, 2009 - Apr 16, 2009
#10	-5.12% Jul 26, 2019 - Sep 5, 2019	-1.75% Mar 18, 2008 - Aug 15, 2008
#11	-5.04% May 10, 2021 - Aug 3, 2021	-1.67% Sep 6, 2011 - Jan 11, 2012
#12	-5.02% Nov 16, 2021 - Dec 13, 2021	-1.67% Apr 4, 2025 - Jun 12, 2025
#13	-4.81% Mar 28, 2024 - Jul 29, 2024	-1.31% Oct 3, 2024 - Feb 25, 2025
#14	-4.35% Jan 12, 2021 - Feb 23, 2021	-1.24% Sep 17, 2008 - Sep 23, 2008
#15	-4.10% Apr 17, 2018 - May 15, 2018	-1.13% Feb 26, 2026 - Mar 24, 2026

Correlation

Correlation between KNG and SHM is 0.68 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.68

-101

Dividend Comparison (2007 - 2026)

KNG vs SHM dividend yield comparison.

Year	KNG	SHM
2026	2.92%	0.89%
2025	8.61%	2.61%
2024	9.08%	2.06%
2023	5.91%	1.15%
2022	4.00%	0.69%
2021	3.45%	0.86%
2020	3.62%	1.24%
2019	4.09%	1.40%
2018	3.46%	1.23%
2017	0.00%	1.06%
2016	0.00%	0.94%
2015	0.00%	0.92%
2014	0.00%	0.93%
2013	0.00%	0.97%
2012	0.00%	1.40%
2011	0.00%	1.60%
2010	0.00%	1.91%
2009	0.00%	2.03%
2008	0.00%	2.59%
2007	0.00%	0.72%