IWFG vs. KONG ETF Comparison

Comparison of IQ MacKay Municipal Insured ETF (IWFG) to Formidable Fortress ETF (KONG)
IWFG

IQ MacKay Municipal Insured ETF

IWFG Description

The Fund seek long-term growth of capital by employing a bottom-up investment process while investing in companies that have the potential for above-average future earnings and cash flow growth. IWFG typically invests in a portfolio of 25-35 stocks, allocating 10-60% across each growth type. The fund invests in stocks of companies operating across diversified sectors. It invests in growth stocks of large-cap companies. IQ MacKay Municipal Insured ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$46.84

Average Daily Volume

978

Number of Holdings *

27

* 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

$26.95

Average Daily Volume

3,445

Number of Holdings *

32

* may have additional holdings in another (foreign) market
Performance
Period IWFG KONG
30 Days 7.40% 1.85%
60 Days 12.77% 0.94%
90 Days 11.80% -1.93%
12 Months 46.73% 9.53%
4 Overlapping Holdings
Symbol Grade Weight in IWFG Weight in KONG Overlap
GOOG A 5.17% 3.23% 3.23%
META A 3.71% 3.16% 3.16%
MSFT A 11.3% 3.23% 3.23%
NVDA B 8.01% 3.16% 3.16%
IWFG Overweight 23 Positions Relative to KONG
Symbol Grade Weight
AMZN A 8.16%
AVGO B 4.29%
AAPL A 3.94%
UNH D 3.83%
ISRG A 3.61%
MA C 3.4%
TT B 3.29%
LIN C 3.26%
ADI B 3.09%
PH D 3.03%
COST A 2.95%
ORLY C 2.93%
EW B 2.91%
CMG D 2.79%
INTU A 2.6%
BKNG B 2.35%
KKR C 2.27%
NOW A 2.27%
SNPS B 2.2%
ASML A 2.18%
NFLX A 2.08%
HLT B 2.05%
WDAY D 1.88%
IWFG Underweight 28 Positions Relative to KONG
Symbol Grade Weight
TPL B -4.95%
ADM C -3.91%
PSA B -3.26%
SPGI B -3.23%
REGN B -3.22%
CSCO D -3.2%
JKHY C -3.18%
GLPI B -3.17%
DOX D -3.16%
ERIE C -3.16%
MKTX C -3.15%
CTSH C -3.12%
CHE D -3.12%
FAST D -3.09%
WST F -3.09%
IBKR B -3.08%
RS D -3.08%
GGG D -3.07%
JNJ F -3.06%
MNST D -3.05%
GNTX D -3.04%
VRTX B -3.03%
SNA F -3.01%
ADP D -2.97%
CTRA D -2.93%
EME D -2.77%
UTHR B -2.15%
ADBE B -1.83%
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