KONG vs. PSI ETF Comparison
Comparison of Formidable Fortress ETF (KONG) to PowerShares Dynamic Semiconductors (PSI)
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
PSI
PowerShares Dynamic Semiconductors
PSI Description
The PowerShares Dynamic Semiconductors Portfolio (Fund) is based on the Dynamic Semiconductor IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intelldiex Index is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 30 US semiconductors companies. These are companies that are principally engaged in the manufacture of semiconductors. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.Grade (RS Rating)
Last Trade
$54.24
Average Daily Volume
98,638
26
Performance
| Period | KONG | PSI |
|---|---|---|
| 30 Days | 0.04% | -5.19% |
| 60 Days | 2.76% | -2.74% |
| 90 Days | 7.43% | -5.86% |
| 12 Months | 19.26% | 23.64% |
1 Overlapping Holdings
| Symbol | Grade | Weight in KONG | Weight in PSI | Overlap | |
|---|---|---|---|---|---|
| NVDA | B | 3.52% | 5.61% | 3.52% |
KONG Overweight 32 Positions Relative to PSI
| Symbol | Grade | Weight | |
|---|---|---|---|
| TPL | A | 5.61% | |
| MKTX | D | 3.61% | |
| IBKR | A | 3.54% | |
| FFIV | B | 3.52% | |
| SNA | A | 3.25% | |
| UTHR | C | 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% | |
| REGN | F | 2.92% | |
| MNST | B | 2.92% | |
| PSA | C | 2.89% | |
| JKHY | D | 2.85% | |
| CHE | D | 2.79% | |
| JNJ | D | 2.76% | |
| VRTX | C | 2.68% | |
| MSFT | D | 2.63% | |
| GNTX | D | 2.4% | |
| CTRA | A | 2.4% | |
| ADP | B | 2.32% | |
| EME | B | 2.22% | |
| ERIE | F | 2.11% |
KONG Underweight 25 Positions Relative to PSI
| Symbol | Grade | Weight | |
|---|---|---|---|
| MU | D | -5.6% | |
| AVGO | C | -5.5% | |
| TXN | B | -4.99% | |
| QCOM | F | -4.8% | |
| AMAT | F | -4.79% | |
| ADI | D | -4.75% | |
| LRCX | F | -4.66% | |
| MTSI | B | -3.51% | |
| SMTC | C | -3.49% | |
| PI | D | -3.25% | |
| ACMR | F | -2.95% | |
| ICHR | C | -2.92% | |
| PLAB | D | -2.86% | |
| UCTT | F | -2.75% | |
| MKSI | C | -2.57% | |
| ENTG | F | -2.47% | |
| NXPI | F | -2.46% | |
| KLAC | F | -2.23% | |
| SWKS | F | -2.23% | |
| AMKR | F | -2.22% | |
| FORM | F | -2.21% | |
| ONTO | F | -2.21% | |
| MPWR | F | -2.17% | |
| AOSL | D | -1.91% | |
| CRUS | F | -1.9% |
KONG: Top Represented Industries & Keywords
PSI: Top Represented Industries & Keywords
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