FBT vs. KONG ETF Comparison
Comparison of First Trust Amex Biotech Index Fund (FBT) to Formidable Fortress ETF (KONG)
FBT
First Trust Amex Biotech Index Fund
FBT Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NYSE Arca Biotechnology Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is an equal-dollar weighted index designed to measure the performance of a cross section of companies in the biotechnology industry that are primarily involved in the use of biological processes to develop products or provide services. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$161.93
Average Daily Volume
33,489
30
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
$29.91
Average Daily Volume
2,630
33
Performance
Period | FBT | KONG |
---|---|---|
30 Days | -6.44% | 0.04% |
60 Days | -6.40% | 2.76% |
90 Days | -5.38% | 7.43% |
12 Months | 15.99% | 19.26% |
FBT Overweight 27 Positions Relative to KONG
Symbol | Grade | Weight | |
---|---|---|---|
EXEL | B | 4.44% | |
CORT | C | 4.21% | |
INCY | B | 4.05% | |
ITCI | B | 3.87% | |
ACAD | C | 3.8% | |
CPRX | C | 3.8% | |
HALO | D | 3.69% | |
GILD | B | 3.65% | |
ARGX | B | 3.56% | |
NBIX | D | 3.49% | |
WAT | B | 3.45% | |
ILMN | C | 3.33% | |
NTRA | B | 3.31% | |
RGEN | F | 3.25% | |
ALKS | C | 3.2% | |
AMGN | F | 3.18% | |
GMAB | F | 3.15% | |
SRPT | F | 3.14% | |
ALNY | D | 3.13% | |
BMRN | F | 3.06% | |
BNTX | D | 2.95% | |
BIIB | F | 2.95% | |
MTD | F | 2.9% | |
BRKR | F | 2.87% | |
BGNE | D | 2.79% | |
MRNA | F | 2.58% | |
EXAS | F | 2.33% |
FBT Underweight 30 Positions Relative to KONG
Symbol | Grade | Weight | |
---|---|---|---|
TPL | A | -5.61% | |
MKTX | D | -3.61% | |
IBKR | A | -3.54% | |
FFIV | B | -3.52% | |
NVDA | B | -3.52% | |
SNA | A | -3.25% | |
ADBE | F | -3.24% | |
FAST | B | -3.2% | |
GOOG | B | -3.2% | |
SPGI | C | -3.18% | |
CTSH | B | -3.17% | |
META | C | -3.04% | |
WST | C | -3.01% | |
DOX | D | -2.99% | |
GGG | A | -2.99% | |
GLPI | C | -2.99% | |
SNPS | C | -2.94% | |
RS | B | -2.94% | |
ADM | D | -2.93% | |
MNST | B | -2.92% | |
PSA | C | -2.89% | |
JKHY | D | -2.85% | |
CHE | D | -2.79% | |
JNJ | D | -2.76% | |
MSFT | D | -2.63% | |
GNTX | D | -2.4% | |
CTRA | A | -2.4% | |
ADP | B | -2.32% | |
EME | B | -2.22% | |
ERIE | F | -2.11% |
FBT: Top Represented Industries & Keywords
KONG: Top Represented Industries & Keywords