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AFLG vs KONG

First Trust Active Factor Large Cap ETF vs Formidable Fortress ETF

AFLG

First Trust Active Factor Large Cap ETF

First Trust

Annual cost

0.55%

Fund size

$609M

KONG

Formidable Fortress ETF

Formidable Funds

Annual cost

0.89%

Fund size

$22M

Key differences

  • AFLG costs 0.34% less per year.
  • AFLG is significantly larger than KONG — larger funds tend to be more liquid and less likely to close.
  • AFLG is classified as equity, while KONG is alternative — different risk/return profiles.
  • AFLG follows a active selection strategy; KONG uses option income.
  • Over the last 3 years, AFLG has delivered higher annualized returns.

Side-by-side comparison

AFLGKONG
Annual cost (TER)0.55%0.89%
Fund size (AUM)$609M$22M
Since20192021
Dividend yield0.73%0.36%
Asset classequityalternative
Regionnorth america
Strategyactive selectionoption income
CAGR 1Y+26.2%+6.2%
CAGR 3Y+23.3%+9.3%
CAGR 5Y+13.0%N/A
Sharpe 3Y1.300.49
Volatility 1Y11.60%10.91%
Max drawdown-35.84%-19.98%

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

Similar to AFLG and KONG