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ESN vs KONG

Essential 40 Stock ETF vs Formidable Fortress ETF

ESN

Essential 40 Stock ETF

Annual cost

0.70%

Fund size

$249M

KONG

Formidable Fortress ETF

Annual cost

0.89%

Fund size

$22M

Key differences

  • ESN costs 0.19% less per year.
  • ESN is significantly larger than KONG — larger funds tend to be more liquid and less likely to close.
  • ESN is classified as equity, while KONG is alternative — different risk/return profiles.
  • ESN follows a active selection strategy; KONG uses option income.
  • ESN has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ESNKONG
Annual cost (TER)0.70%0.89%
Fund size (AUM)$249M$22M
Since20142021
Dividend yield0.82%0.36%
Asset classequityalternative
Regionnorth america
Strategyactive selectionoption income
CAGR 1Y+29.5%+7.1%
CAGR 3YN/A+9.1%
CAGR 5YN/AN/A
Sharpe 3YN/A0.48
Volatility 1Y9.80%10.90%
Max drawdown-13.59%-19.98%

Similar to ESN and KONG