First Trust Vest S&P 500 Dividend Aristocrats Target Income UCITS ETF USD (Dist) KNGU

PIPassive Income Investing79d ago

BULL$KNGU

software weight adds upside to value ETF

I view KNGU as a defensive, value-oriented US free-cash-flow ETF that has trailed the S&P over the last year but recently added beaten-down software (about a 35% weight) and therefore has a credible path to outperform if value rotation continues.

Despite trailing the S&P over the past year, KNGU's recent rebalance added roughly 35% weight in beaten-down software stocks, creating a credible catalyst for outperformance if value rotation against growth continues.