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PIEQ vs KONG

Principal International Equity ETF vs Formidable Fortress ETF

PIEQ

Principal International Equity ETF

Principal Funds

Annual cost

0.48%

Fund size

$1.5B

KONG

Formidable Fortress ETF

Formidable Funds

Annual cost

0.89%

Fund size

$22M

Key differences

  • PIEQ costs 0.41% less per year.
  • PIEQ is significantly larger than KONG — larger funds tend to be more liquid and less likely to close.
  • PIEQ is classified as equity, while KONG is alternative — different risk/return profiles.
  • PIEQ follows a index tracking strategy; KONG uses option income.

Side-by-side comparison

PIEQKONG
Annual cost (TER)0.48%0.89%
Fund size (AUM)$1.5B$22M
Since20242021
Dividend yield1.22%0.36%
Asset classequityalternative
Regionglobal
Strategyindex trackingoption income
CAGR 1Y+28.5%+6.2%
CAGR 3YN/A+9.3%
CAGR 5YN/AN/A
Sharpe 3YN/A0.49
Volatility 1Y15.72%10.91%
Max drawdown-15.17%-19.98%

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

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