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ABEQ vs KONG

Absolute Select Value ETF vs Formidable Fortress ETF

ABEQ

Absolute Select Value ETF

Absolute Investment Advisers

Annual cost

0.85%

Fund size

$142M

KONG

Formidable Fortress ETF

Formidable Funds

Annual cost

0.89%

Fund size

$22M

Key differences

  • ABEQ is significantly larger than KONG — larger funds tend to be more liquid and less likely to close.
  • ABEQ is classified as equity, while KONG is alternative — different risk/return profiles.
  • ABEQ follows a active selection strategy; KONG uses option income.
  • Over the last 3 years, ABEQ has delivered higher annualized returns.

Side-by-side comparison

ABEQKONG
Annual cost (TER)0.85%0.89%
Fund size (AUM)$142M$22M
Since20202021
Dividend yield1.19%0.36%
Asset classequityalternative
Regionnorth america
Strategyactive selectionoption income
CAGR 1Y+11.0%+7.1%
CAGR 3Y+11.2%+9.1%
CAGR 5Y+7.3%N/A
Sharpe 3Y0.770.48
Volatility 1Y8.94%10.90%
Max drawdown-27.82%-19.98%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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