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FIAX vs KONG

Nicholas Fixed Income Alternative ETF vs Formidable Fortress ETF

FIAX

Nicholas Fixed Income Alternative ETF

Annual cost

0.97%

Fund size

$133M

KONG

Formidable Fortress ETF

Annual cost

0.89%

Fund size

$22M

Key differences

FIAX is a fixed income ETF, while KONG is an alternative ETF. FIAX charges 0.97% a year and KONG 0.89%.

  • FIAX is a fixed income fund, while KONG is an alternative fund. They carry different risk/return profiles.
  • KONG costs 0.08% less per year.
  • FIAX is much larger than KONG. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, KONG has delivered higher annualized returns.

Side-by-side comparison

FIAXKONG
Annual cost (TER)0.97%0.89%
Fund size (AUM)$133M$22M
Since20222021
Dividend yield8.16%0.36%
Asset classfixed incomealternative
Regionnorth america
Strategyoption incomeoption income
CAGR 1Y+4.8%+4.3%
CAGR 3Y+3.5%+8.4%
CAGR 5YN/AN/A
Sharpe 3Y0.000.42
Volatility 1Y4.12%10.95%
Max drawdown-6.26%-19.98%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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