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KONG vs ABEQ

Formidable Fortress ETF vs Absolute Select Value ETF

KONG

Formidable Fortress ETF

Formidable Funds

Annual cost

0.89%

Fund size

$22M

ABEQ

Absolute Select Value ETF

Absolute Investment Advisers

Annual cost

0.85%

Fund size

$142M

Key differences

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

Side-by-side comparison

KONGABEQ
Annual cost (TER)0.89%0.85%
Fund size (AUM)$22M$142M
Since20212020
Dividend yield0.36%1.19%
Asset classalternativeequity
Regionnorth america
Strategyoption incomeactive selection
CAGR 1Y+7.1%+11.0%
CAGR 3Y+9.1%+11.2%
CAGR 5YN/A+7.3%
Sharpe 3Y0.480.77
Volatility 1Y10.90%8.94%
Max drawdown-19.98%-27.82%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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