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PSET vs KONG

Principal Quality ETF vs Formidable Fortress ETF

PSET

Principal Quality ETF

Principal Funds

Annual cost

0.15%

Fund size

$33M

KONG

Formidable Fortress ETF

Formidable Funds

Annual cost

0.89%

Fund size

$22M

Key differences

  • PSET costs 0.74% less per year.
  • PSET is classified as equity, while KONG is alternative — different risk/return profiles.
  • PSET follows a index tracking strategy; KONG uses option income.
  • Over the last 3 years, PSET has delivered higher annualized returns.
  • PSET has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PSETKONG
Annual cost (TER)0.15%0.89%
Fund size (AUM)$33M$22M
Since20162021
Dividend yield0.64%0.36%
Asset classequityalternative
Regionnorth america
Strategyindex trackingoption income
CAGR 1Y+8.5%+6.2%
CAGR 3Y+13.7%+9.3%
CAGR 5Y+9.0%N/A
Sharpe 3Y0.650.49
Volatility 1Y12.82%10.91%
Max drawdown-34.74%-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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