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KONG vs CWS

Formidable Fortress ETF vs AdvisorShares Focused Equity ETF

KONG

Formidable Fortress ETF

Formidable Funds

Annual cost

0.89%

Fund size

$22M

CWS

AdvisorShares Focused Equity ETF

AdvisorShares

Annual cost

0.65%

Fund size

$155M

Key differences

  • CWS costs 0.24% less per year.
  • CWS is significantly larger than KONG — larger funds tend to be more liquid and less likely to close.
  • KONG is classified as alternative, while CWS is equity — different risk/return profiles.
  • KONG follows a option income strategy; CWS uses active selection.
  • Over the last 3 years, CWS has delivered higher annualized returns.
  • CWS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

KONGCWS
Annual cost (TER)0.89%0.65%
Fund size (AUM)$22M$155M
Since20212016
Dividend yield0.36%0.31%
Asset classalternativeequity
Regionnorth america
Strategyoption incomeactive selection
CAGR 1Y+6.2%-0.0%
CAGR 3Y+9.3%+10.3%
CAGR 5YN/A+7.9%
Sharpe 3Y0.490.52
Volatility 1Y10.91%13.34%
Max drawdown-19.98%-33.82%

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

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