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PY vs KONG

Principal Value ETF vs Formidable Fortress ETF

PY

Principal Value ETF

Principal Funds

Annual cost

0.15%

Fund size

$212M

KONG

Formidable Fortress ETF

Formidable Funds

Annual cost

0.89%

Fund size

$22M

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.
  • PY is classified as equity, while KONG is alternative — different risk/return profiles.
  • PY follows a active selection strategy; KONG uses option income.
  • 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

PYKONG
Annual cost (TER)0.15%0.89%
Fund size (AUM)$212M$22M
Since20162021
Dividend yield2.15%0.36%
Asset classequityalternative
Regionnorth america
Strategyactive selectionoption income
CAGR 1Y+17.0%+6.2%
CAGR 3Y+13.8%+9.3%
CAGR 5Y+7.5%N/A
Sharpe 3Y0.750.49
Volatility 1Y10.74%10.91%
Max drawdown-45.44%-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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