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KONG vs FPAG

Formidable Fortress ETF vs FPA Global Equity ETF

KONG

Formidable Fortress ETF

Annual cost

0.89%

Fund size

$22M

FPAG

FPA Global Equity ETF

Annual cost

0.49%

Fund size

$517M

Key differences

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

  • KONG is an alternative fund, while FPAG is an equity fund. They carry different risk/return profiles.
  • KONG follows a option income strategy; FPAG uses index tracking.
  • 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

KONGFPAG
Annual cost (TER)0.89%0.49%
Fund size (AUM)$22M$517M
Since20212021
Dividend yield0.36%1.40%
Asset classalternativeequity
Regionglobal
Strategyoption incomeindex tracking
CAGR 1Y+6.0%+22.7%
CAGR 3Y+9.5%+21.5%
CAGR 5YN/AN/A
Sharpe 3Y0.501.05
Volatility 1Y10.92%14.85%
Max drawdown-19.98%-28.43%

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

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