# First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/kngz for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: First Trust · Asset class: Equity Income - Strategy: Passive Index · Inception: 2017-06-20 The First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ) endeavors to achieve investment results that broadly mirror the market price movements and income stream (before its own operational costs) of a specific equity benchmark. This benchmark is known as the S&P 500 Sector-Neutral Dividend Aristocrats Index. Under typical market conditions, the Fund commits a minimum of 90% of its net assets (including any borrowed capital utilized for investment) to the securities that make up this Index. Adopting a passive indexing strategy, the Fund aims to precisely replicate, prior to its f... ## Key Facts | Metric | Value | |---|---| | Price | $43.89 | | Expense Ratio | 0.50% | | Assets Under Management | $69.4M | | NAV | $43.37 | | Holdings Count | 98 | | Distribution Yield (TTM) | 2.42% | | Annual Distribution (TTM) | $1.06 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $33.67 – $43.89 | | Beta | 0.90 | ## Latest Distribution - Amount: $0.2621 /share - Ex-date: 2026-09-24 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does KNGZ invest in? The First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ) endeavors to achieve investment results that broadly mirror the market price movements and income stream (before its own operational costs) of a specific equity benchmark. This benchmark is known as the S&P 500 Sector-Neutral Dividend Aristocrats Index. Under typical market conditions, the Fund commits a minimum of 90% of its net assets (including any borrowed capital utilized for investment) to the securities that make up this Index. Adopting a passive indexing strategy, the Fund aims to precisely replicate, prior to its fees and expenses, the Index's comprehensive total return, which naturally includes all dividends distributed by the common stocks within it. ### What is the expense ratio of KNGZ? First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ) charges an expense ratio of 0.50%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is KNGZ? First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ) manages $69.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is KNGZ actively managed or an index fund? KNGZ is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (KNGZ's is 0.50%) because there's no security selection cost. ### When was KNGZ launched? First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ) launched in June 2017 and is managed by First Trust. ### How has KNGZ performed? KNGZ's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does KNGZ pay a dividend? First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ) currently distributes little or no income. Trailing-twelve-month yield is 2.42%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does KNGZ pay dividends? First Trust S&P 500 Diversified Dividend Aristocrats ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is KNGZ's dividend yield? KNGZ's trailing-twelve-month yield is 2.42%, calculated from the sum of dividends over the past year divided by the current price. ### When is KNGZ's next ex-dividend date? The most recently announced ex-dividend date for KNGZ was 2026-09-24. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will KNGZ's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.50% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does KNGZ charge its expense ratio? The expense ratio is deducted in tiny daily slices from KNGZ's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does KNGZ cost more than a fund like VOO? KNGZ is a passive index fund (current expense ratio 0.50%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to KNGZ? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as KNGZ (0.50%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/kngz - Distribution history: https://www.dividenddata.com/funds/kngz/dividend - Holdings & diversification: https://www.dividenddata.com/funds/kngz/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/kngz/expenses - Peer comparison: https://www.dividenddata.com/funds/kngz/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.