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KONG vs FVAL

Formidable Fortress ETF vs Fidelity Value Factor ETF

KONG

Formidable Fortress ETF

Formidable Funds

Annual cost

0.89%

Fund size

$22M

FVAL

Fidelity Value Factor ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$1.2B

Key differences

  • FVAL costs 0.74% less per year.
  • FVAL is significantly larger than KONG — larger funds tend to be more liquid and less likely to close.
  • KONG is classified as alternative, while FVAL is equity — different risk/return profiles.
  • KONG follows a option income strategy; FVAL uses index tracking.
  • Over the last 3 years, FVAL has delivered higher annualized returns.
  • FVAL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

KONGFVAL
Annual cost (TER)0.89%0.15%
Fund size (AUM)$22M$1.2B
Since20212016
Dividend yield0.36%1.56%
Asset classalternativeequity
Regionnorth america
Strategyoption incomeindex tracking
CAGR 1Y+6.2%+31.2%
CAGR 3Y+9.3%+21.4%
CAGR 5YN/A+12.4%
Sharpe 3Y0.491.18
Volatility 1Y10.91%11.74%
Max drawdown-19.98%-37.26%

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

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