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FBCG vs KONG

Fidelity Blue Chip Growth ETF vs Formidable Fortress ETF

FBCG

Fidelity Blue Chip Growth ETF

Annual cost

0.57%

Fund size

$6.2B

KONG

Formidable Fortress ETF

Annual cost

0.89%

Fund size

$22M

Key differences

  • FBCG costs 0.32% less per year.
  • FBCG is significantly larger than KONG — larger funds tend to be more liquid and less likely to close.
  • FBCG is classified as equity, while KONG is alternative — different risk/return profiles.
  • FBCG follows a active selection strategy; KONG uses option income.
  • Over the last 3 years, FBCG has delivered higher annualized returns.

Side-by-side comparison

FBCGKONG
Annual cost (TER)0.57%0.89%
Fund size (AUM)$6.2B$22M
Since20202021
Dividend yield0.04%0.36%
Asset classequityalternative
Regionglobal
Strategyactive selectionoption income
CAGR 1Y+42.2%+7.1%
CAGR 3Y+32.5%+9.1%
CAGR 5Y+16.4%N/A
Sharpe 3Y1.200.48
Volatility 1Y18.65%10.90%
Max drawdown-43.56%-19.98%

Similar to FBCG and KONG