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FPAG vs KONG

FPA Global Equity ETF vs Formidable Fortress ETF

FPAG

FPA Global Equity ETF

Annual cost

0.49%

Fund size

$517M

KONG

Formidable Fortress ETF

Annual cost

0.89%

Fund size

$22M

Key differences

FPAG is an equity ETF, while KONG is an alternative ETF. FPAG charges 0.49% a year and KONG 0.89%.

  • FPAG is an equity fund, while KONG is an alternative fund. They carry different risk/return profiles.
  • FPAG follows a index tracking strategy; KONG uses option income.
  • FPAG costs 0.40% less per year.
  • FPAG is much larger than KONG. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FPAG has delivered higher annualized returns.

Side-by-side comparison

FPAGKONG
Annual cost (TER)0.49%0.89%
Fund size (AUM)$517M$22M
Since20212021
Dividend yield1.40%0.36%
Asset classequityalternative
Regionglobal
Strategyindex trackingoption income
CAGR 1Y+22.7%+6.0%
CAGR 3Y+21.5%+9.5%
CAGR 5YN/AN/A
Sharpe 3Y1.050.50
Volatility 1Y14.85%10.92%
Max drawdown-28.43%-19.98%

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

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