KONG vs. LMBO ETF Comparison

Comparison of Formidable Fortress ETF (KONG) to Direxion Daily Crypto Industry Bull 2X Shares (LMBO)

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

LMBO

Direxion Daily Crypto Industry Bull 2X Shares

LMBO Description

The index seeks to track the performance of US-listed securities that have business operations in the field of distributed ledger or decentralized payment technology. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.24

Average Daily Volume

5,292

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KONG	LMBO
30 Days	3.25%	18.91%
60 Days	4.95%	44.55%
90 Days	7.97%	36.29%
12 Months	20.74%

2 Overlapping Holdings

	Symbol	Grade	Weight in KONG	Weight in LMBO	Overlap
	IBKR	A	3.54%	3.1%	3.1%
	NVDA	B	3.52%	4.65%	3.52%

KONG Overweight 31 Positions Relative to LMBO

Symbol	Grade	Weight
TPL	A	5.61%
MKTX	D	3.61%
FFIV	B	3.52%
SNA	A	3.25%
UTHR	C	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%
DOX	D	2.99%
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%

KONG Underweight 19 Positions Relative to LMBO

Symbol	Grade	Weight
NU	C	-4.81%
PYPL	B	-4.65%
V	A	-4.59%
MA	B	-4.43%
COIN	C	-4.03%
AMD	F	-3.95%
MARA	B	-3.61%
HOOD	B	-3.23%
SQ	A	-3.05%
DKNG	B	-2.86%
GLOB	B	-2.8%
FOUR	A	-2.7%
CLSK	C	-2.59%
RIOT	C	-2.54%
WULF	C	-1.89%
CIFR	C	-1.4%
IREN	C	-1.36%
PAGS	F	-1.03%
BTBT	C	-0.47%