BSMC vs. KONG ETF Comparison

Comparison of Brandes U.S. Small-Mid Cap Value ETF (BSMC) to Formidable Fortress ETF (KONG)

BSMC

Brandes U.S. Small-Mid Cap Value ETF

BSMC Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to attain its investment objective by investing primarily in equity securities of U.S. companies with small- and mid-market capitalizations (market value of publicly traded equity securities).

Grade (RS Rating)

Last Trade

$31.51

Average Daily Volume

9,087

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KONG

Formidable Fortress ETF

KONG Description

The investment seeks long-term capital appreciation. Under normal market conditions, the fund seeks to meet its investment objective by investing in large- and mid-cap equity securities, including common stocks, related depository receipts, real estate investment trusts (REITs), and other equity investments or ownership interests in business enterprises. It invests predominantly in common stocks of large- and mid-cap companies (the "Investable Universe"). The fund's derivative investments may include, among other instruments: (i) options; (ii) volatility-linked ETFs; and (iii) volatility-linked exchange-traded notes (ETNs). It is non-diversified.

Grade (RS Rating)

Last Trade

$30.44

Average Daily Volume

2,555

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BSMC	KONG
30 Days	2.43%	3.25%
60 Days	1.94%	4.95%
90 Days	2.68%	7.97%
12 Months	22.15%	20.74%

3 Overlapping Holdings

Symbol	Grade	Weight in BSMC	Weight in KONG	Overlap
DOX	D	3.16%	2.99%	2.99%
FFIV	B	1.55%	3.52%	1.55%
UTHR	C	1.42%	3.25%	1.42%

BSMC Overweight 60 Positions Relative to KONG

Symbol	Grade	Weight
NTGR	B	3.0%
PINC	B	2.77%
ERJ	A	2.6%
EPC	F	2.35%
TAP	C	2.16%
IPGP	D	2.13%
HCSG	C	2.08%
CFG	B	2.07%
DGX	A	2.07%
MD	C	1.96%
UNF	B	1.89%
NPK	B	1.84%
IPG	D	1.78%
IFF	D	1.74%
INGR	C	1.73%
TXT	D	1.73%
EQC	B	1.7%
KMT	B	1.66%
SXT	C	1.61%
OMF	A	1.6%
SEIC	B	1.58%
MOG.A	B	1.55%
GRFS	C	1.54%
PAHC	C	1.52%
IMKTA	C	1.51%
ELAN	D	1.49%
QRVO	F	1.29%
SHC	F	1.21%
FTRE	D	1.19%
SMG	C	1.19%
WTW	B	1.18%
STT	B	1.12%
WHR	B	1.11%
PBH	A	1.1%
ORI	A	1.1%
XRAY	F	1.09%
LEVI	F	1.06%
OGN	F	1.06%
PHG	C	1.05%
SCHL	F	1.03%
KNX	C	1.02%
WKC	C	0.99%
SON	F	0.98%
SEB	F	0.96%
LANC	C	0.92%
WMK	C	0.91%
ARLO	C	0.88%
WTM	A	0.88%
CPB	D	0.87%
AVT	C	0.86%
MCY	A	0.86%
CNA	C	0.83%
SEE	C	0.83%
ZBH	C	0.76%
SKX	D	0.74%
ARW	D	0.72%
HSIC	C	0.71%
KELYA	F	0.67%
LSTR	D	0.41%
HTLD	C	0.33%

BSMC Underweight 30 Positions Relative to KONG

Symbol	Grade	Weight
TPL	A	-5.61%
MKTX	D	-3.61%
IBKR	A	-3.54%
NVDA	B	-3.52%
SNA	A	-3.25%
ADBE	C	-3.24%
FAST	B	-3.2%
GOOG	C	-3.2%
SPGI	C	-3.18%
CTSH	B	-3.17%
META	D	-3.04%
WST	C	-3.01%
GGG	B	-2.99%
GLPI	C	-2.99%
SNPS	B	-2.94%
RS	B	-2.94%
ADM	D	-2.93%
REGN	F	-2.92%
MNST	C	-2.92%
PSA	C	-2.89%
JKHY	D	-2.85%
CHE	D	-2.79%
JNJ	C	-2.76%
VRTX	D	-2.68%
MSFT	D	-2.63%
GNTX	C	-2.4%
CTRA	B	-2.4%
ADP	A	-2.32%
EME	A	-2.22%
ERIE	D	-2.11%