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KONG vs DVY

Formidable Fortress ETF vs iShares Select Dividend ETF

KONG

Formidable Fortress ETF

Annual cost

0.89%

Fund size

$22M

DVY

iShares Select Dividend ETF

Annual cost

0.38%

Fund size

$22.5B

Key differences

KONG is an alternative ETF, while DVY is an equity ETF. KONG charges 0.89% a year and DVY 0.38%.

  • KONG is an alternative fund, while DVY is an equity fund. They carry different risk/return profiles.
  • KONG follows a option income strategy; DVY uses index tracking.
  • DVY costs 0.51% less per year.
  • DVY is much larger than KONG. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, DVY has delivered higher annualized returns.
  • DVY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

KONGDVY
Annual cost (TER)0.89%0.38%
Fund size (AUM)$22M$22.5B
Since20212003
Dividend yield0.36%3.39%
Asset classalternativeequity
Regionnorth america
Strategyoption incomeindex tracking
CAGR 1Y+6.3%+23.5%
CAGR 3Y+9.8%+17.0%
CAGR 5YN/A+9.0%
Sharpe 3Y0.530.95
Volatility 1Y10.91%11.11%
Max drawdown-19.98%-41.59%

Similar to KONG and DVY