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KONG vs IQLT

Formidable Fortress ETF vs iShares MSCI Intl Quality Factor ETF

KONG

Formidable Fortress ETF

Formidable Funds

Annual cost

0.89%

Fund size

$22M

IQLT

iShares MSCI Intl Quality Factor ETF

iShares

Annual cost

0.30%

Fund size

$12.9B

Key differences

  • IQLT costs 0.59% less per year.
  • IQLT is significantly larger than KONG — larger funds tend to be more liquid and less likely to close.
  • KONG is classified as alternative, while IQLT is equity — different risk/return profiles.
  • KONG follows a option income strategy; IQLT uses index tracking.
  • Over the last 3 years, IQLT has delivered higher annualized returns.
  • IQLT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

KONGIQLT
Annual cost (TER)0.89%0.30%
Fund size (AUM)$22M$12.9B
Since20212015
Dividend yield0.36%2.16%
Asset classalternativeequity
Regionglobal ex us
Strategyoption incomeindex tracking
CAGR 1Y+6.2%+18.8%
CAGR 3Y+9.3%+14.1%
CAGR 5YN/A+7.8%
Sharpe 3Y0.490.72
Volatility 1Y10.91%14.47%
Max drawdown-19.98%-32.21%

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

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