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FBCV vs KONG

Fidelity Blue Chip Value ETF vs Formidable Fortress ETF

FBCV

Fidelity Blue Chip Value ETF

Annual cost

0.57%

Fund size

$160M

KONG

Formidable Fortress ETF

Annual cost

0.89%

Fund size

$22M

Key differences

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

Side-by-side comparison

FBCVKONG
Annual cost (TER)0.57%0.89%
Fund size (AUM)$160M$22M
Since20202021
Dividend yield1.44%0.36%
Asset classequityalternative
Region
Strategyactive selectionoption income
CAGR 1Y+27.4%+7.1%
CAGR 3Y+15.1%+9.1%
CAGR 5Y+9.2%N/A
Sharpe 3Y0.930.48
Volatility 1Y10.58%10.90%
Max drawdown-15.55%-19.98%

Similar to FBCV and KONG