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KONG vs PY

Formidable Fortress ETF vs Principal Value ETF

KONG

Formidable Fortress ETF

Formidable Funds

Annual cost

0.89%

Fund size

$22M

PY

Principal Value ETF

Principal Funds

Annual cost

0.15%

Fund size

$212M

Key differences

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

Side-by-side comparison

KONGPY
Annual cost (TER)0.89%0.15%
Fund size (AUM)$22M$212M
Since20212016
Dividend yield0.36%2.15%
Asset classalternativeequity
Regionnorth america
Strategyoption incomeactive selection
CAGR 1Y+6.2%+17.0%
CAGR 3Y+9.3%+13.8%
CAGR 5YN/A+7.5%
Sharpe 3Y0.490.75
Volatility 1Y10.91%10.74%
Max drawdown-19.98%-45.44%

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

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