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KONG vs AFMC

Formidable Fortress ETF vs First Trust Active Factor Mid Cap ETF

KONG

Formidable Fortress ETF

Formidable Funds

Annual cost

0.89%

Fund size

$22M

AFMC

First Trust Active Factor Mid Cap ETF

First Trust

Annual cost

0.68%

Fund size

$153M

Key differences

  • AFMC costs 0.21% less per year.
  • AFMC is significantly larger than KONG — larger funds tend to be more liquid and less likely to close.
  • KONG is classified as alternative, while AFMC is equity — different risk/return profiles.
  • KONG follows a option income strategy; AFMC uses active selection.
  • Over the last 3 years, AFMC has delivered higher annualized returns.

Side-by-side comparison

KONGAFMC
Annual cost (TER)0.89%0.68%
Fund size (AUM)$22M$153M
Since20212019
Dividend yield0.36%0.81%
Asset classalternativeequity
Regionnorth america
Strategyoption incomeactive selection
CAGR 1Y+6.2%+27.2%
CAGR 3Y+9.3%+20.8%
CAGR 5YN/A+10.2%
Sharpe 3Y0.490.96
Volatility 1Y10.91%14.96%
Max drawdown-19.98%-42.14%

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

Similar to KONG and AFMC