KONG vs. CLOU ETF Comparison
Comparison of Formidable Fortress ETF (KONG) to Global X Cloud Computing ETF (CLOU)
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
$29.03
Average Daily Volume
1,749
32
CLOU
Global X Cloud Computing ETF
CLOU Description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global Cloud Computing Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is designed to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of cloud computing technology. It is non-diversified.Grade (RS Rating)
Last Trade
$20.18
Average Daily Volume
204,453
33
Performance
Period | KONG | CLOU |
---|---|---|
30 Days | 1.34% | 0.05% |
60 Days | 5.24% | 7.06% |
90 Days | 7.87% | 2.07% |
12 Months | 17.03% | 10.21% |
1 Overlapping Holdings
Symbol | Grade | Weight in KONG | Weight in CLOU | Overlap | |
---|---|---|---|---|---|
MSFT | D | 2.89% | 2.21% | 2.21% |
KONG Overweight 31 Positions Relative to CLOU
Symbol | Grade | Weight | |
---|---|---|---|
TPL | B | 5.55% | |
MKTX | C | 3.77% | |
ADM | D | 3.61% | |
FFIV | B | 3.5% | |
SPGI | C | 3.47% | |
GLPI | A | 3.4% | |
DOX | B | 3.31% | |
FAST | B | 3.29% | |
META | A | 3.25% | |
NVDA | C | 3.24% | |
CHE | C | 3.23% | |
IBKR | A | 3.22% | |
GOOG | B | 3.22% | |
JNJ | D | 3.19% | |
GGG | B | 3.17% | |
SNA | A | 3.16% | |
JKHY | A | 3.13% | |
ERIE | A | 3.03% | |
EME | C | 3.02% | |
RS | D | 3.0% | |
REGN | D | 3.0% | |
ADBE | F | 2.98% | |
MNST | D | 2.95% | |
VRTX | D | 2.79% | |
WST | D | 2.72% | |
GNTX | D | 2.66% | |
PSA | C | 2.59% | |
CTRA | D | 2.36% | |
CTSH | B | 2.35% | |
ADP | A | 2.29% | |
UTHR | C | 2.28% |
KONG Underweight 32 Positions Relative to CLOU
Symbol | Grade | Weight | |
---|---|---|---|
WIX | D | -5.75% | |
BOX | C | -5.04% | |
DLR | C | -4.7% | |
DOCN | C | -4.56% | |
SHOP | C | -4.46% | |
ZM | C | -4.38% | |
DBX | B | -4.26% | |
SPSC | D | -4.22% | |
TWLO | B | -4.12% | |
CRM | B | -4.09% | |
PAYC | D | -4.08% | |
AKAM | D | -4.04% | |
ZS | F | -3.94% | |
WK | D | -3.92% | |
WDAY | D | -3.92% | |
PCOR | D | -3.54% | |
AI | F | -3.53% | |
QLYS | F | -2.99% | |
FRSH | F | -2.97% | |
SNOW | F | -2.89% | |
AMZN | C | -2.11% | |
FIVN | F | -1.98% | |
GOOGL | B | -1.61% | |
FSLY | D | -1.26% | |
VNET | B | -1.08% | |
HSTM | B | -1.06% | |
VMEO | C | -0.99% | |
YEXT | B | -0.99% | |
PUBM | F | -0.73% | |
BABA | A | -0.41% | |
IBM | B | -0.4% | |
KC | B | -0.21% |
KONG: Top Represented Industries & Keywords
CLOU: Top Represented Industries & Keywords