LIT vs. KONG ETF Comparison

Comparison of Global X Lithium ETF (LIT) to Formidable Fortress ETF (KONG)
LIT

Global X Lithium ETF

LIT Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Lithium Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index is designed to measure broad based equity market performance of global companies involved in the lithium industry. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$40.10

Average Daily Volume

382,513

Number of Holdings *

7

* 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 LIT KONG
30 Days -8.46% 1.85%
60 Days -12.90% 0.94%
90 Days -10.27% -1.93%
12 Months -37.98% 9.53%
0 Overlapping Holdings
Symbol Grade Weight in LIT Weight in KONG Overlap
LIT Overweight 7 Positions Relative to KONG
Symbol Grade Weight
ALB F 9.26%
TSLA B 5.33%
SQM D 4.79%
ENS C 3.19%
LCID D 1.75%
SLI F 0.16%
PLL F 0.14%
LIT Underweight 32 Positions Relative to KONG
Symbol Grade Weight
TPL B -4.95%
ADM C -3.91%
PSA B -3.26%
MSFT A -3.23%
SPGI B -3.23%
GOOG A -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%
META A -3.16%
NVDA B -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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