KONG vs. IGV ETF Comparison

Comparison of Formidable Fortress ETF (KONG) to iShares Expanded Tech-Software Sector ETF (IGV)

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

$30.78

Average Daily Volume

2,568

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IGV

iShares Expanded Tech-Software Sector ETF

IGV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P North American Technology Software IndexTM (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of U.S.-traded stocks of software-related companies in the United States and Canada. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$106.04

Average Daily Volume

3,799,024

Number of Holdings ^*

109

* may have additional holdings in another (foreign) market

Performance

Period	KONG	IGV
30 Days	4.39%	16.80%
60 Days	5.75%	18.87%
90 Days	9.18%	22.77%
12 Months	22.10%	39.74%

3 Overlapping Holdings

Symbol	Grade	Weight in KONG	Weight in IGV	Overlap
ADBE	C	3.07%	6.5%	3.07%
MSFT	F	2.53%	7.19%	2.53%
SNPS	B	2.98%	2.94%	2.94%

KONG Overweight 30 Positions Relative to IGV

Symbol	Grade	Weight
TPL	A	6.22%
IBKR	A	3.8%
MKTX	D	3.54%
FFIV	B	3.54%
NVDA	C	3.51%
SNA	A	3.27%
FAST	B	3.19%
SPGI	C	3.17%
GLPI	C	3.1%
CTSH	B	3.09%
UTHR	C	3.08%
GOOG	C	3.04%
GGG	B	2.99%
RS	B	2.99%
DOX	D	2.96%
ADM	D	2.96%
META	D	2.95%
PSA	D	2.92%
JKHY	D	2.84%
WST	C	2.84%
JNJ	D	2.81%
MNST	C	2.8%
CHE	D	2.78%
REGN	F	2.76%
CTRA	B	2.58%
VRTX	F	2.49%
GNTX	C	2.35%
ADP	B	2.33%
EME	C	2.33%
ERIE	D	2.2%

KONG Underweight 106 Positions Relative to IGV

Symbol	Grade	Weight
CRM	B	-9.42%
ORCL	B	-8.34%
NOW	A	-7.13%
PANW	C	-4.35%
PLTR	B	-4.17%
INTU	C	-4.13%
CDNS	B	-2.91%
CRWD	B	-2.79%
ADSK	A	-2.31%
APP	B	-2.13%
ROP	B	-2.12%
FTNT	C	-2.1%
WDAY	B	-2.02%
MSTR	C	-2.0%
FICO	B	-1.99%
DDOG	A	-1.43%
TEAM	A	-1.39%
EA	A	-1.38%
HUBS	A	-1.25%
TTWO	A	-1.04%
ANSS	B	-1.04%
TYL	B	-0.92%
PTC	A	-0.8%
ZM	B	-0.76%
ZS	C	-0.68%
NTNX	A	-0.61%
MANH	D	-0.6%
DOCU	A	-0.58%
GWRE	A	-0.57%
GEN	B	-0.57%
DT	C	-0.56%
SNAP	C	-0.4%
IOT	A	-0.36%
BILL	A	-0.3%
S	B	-0.28%
PCOR	B	-0.27%
ESTC	C	-0.27%
SMAR	A	-0.27%
BSY	D	-0.26%
CVLT	B	-0.26%
GTLB	B	-0.25%
CFLT	B	-0.25%
DBX	B	-0.23%
AZPN	A	-0.23%
SPSC	C	-0.23%
MARA	C	-0.22%
ALTR	B	-0.22%
VRNS	D	-0.21%
QTWO	A	-0.21%
CWAN	B	-0.2%
PATH	C	-0.2%
ACIW	B	-0.2%
AUR	C	-0.19%
APPF	B	-0.19%
U	C	-0.19%
QLYS	C	-0.19%
HCP	B	-0.18%
WK	B	-0.17%
CCCS	B	-0.17%
TENB	C	-0.17%
BOX	B	-0.17%
IDCC	A	-0.16%
DLB	B	-0.15%
PEGA	A	-0.14%
NCNO	B	-0.13%
BLKB	B	-0.12%
CLSK	C	-0.12%
ZETA	D	-0.12%
RNG	B	-0.11%
BL	B	-0.11%
RIOT	C	-0.11%
INTA	A	-0.1%
DV	C	-0.1%
TDC	D	-0.1%
PRGS	A	-0.1%
AI	B	-0.1%
FIVN	C	-0.1%
FRSH	C	-0.1%
ALRM	C	-0.1%
YOU	D	-0.09%
VERX	B	-0.09%
RPD	C	-0.09%
ENV	B	-0.09%
AGYS	A	-0.09%
BRZE	C	-0.08%
ALKT	B	-0.08%
PD	C	-0.07%
RAMP	C	-0.07%
VYX	B	-0.07%
AVPT	A	-0.06%
MTTR	B	-0.05%
ZUO	B	-0.05%
SPT	C	-0.05%
VRNT	C	-0.05%
APPN	B	-0.05%
PRO	C	-0.04%
ASAN	C	-0.04%
ATEN	B	-0.04%
ADEA	D	-0.04%
SWI	B	-0.03%
NABL	F	-0.03%
CXM	C	-0.03%
JAMF	F	-0.03%
SEMR	B	-0.02%
MLNK	B	-0.02%
ETWO	F	-0.02%