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KONG vs SMLF

Formidable Fortress ETF vs iShares U.S. Small-Cap Equity Factor ETF

KONG

Formidable Fortress ETF

Formidable Funds

Annual cost

0.89%

Fund size

$22M

SMLF

iShares U.S. Small-Cap Equity Factor ETF

iShares

Annual cost

0.15%

Fund size

$3.6B

Key differences

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

Side-by-side comparison

KONGSMLF
Annual cost (TER)0.89%0.15%
Fund size (AUM)$22M$3.6B
Since20212015
Dividend yield0.36%1.07%
Asset classalternativeequity
Regionnorth america
Strategyoption incomeindex tracking
CAGR 1Y+6.2%+31.5%
CAGR 3Y+9.3%+20.4%
CAGR 5YN/A+10.7%
Sharpe 3Y0.490.86
Volatility 1Y10.91%17.32%
Max drawdown-19.98%-41.89%

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

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