Formidable Fortress ETF (KONG) belongs to the Equity Hedged category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with KONG. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to KONG
KONG charges 0.89% annually. There are 28 ETFs in the Equity Hedged category with lower expense ratios, going as low as 0.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Global X S&P 500 Tail Risk ETF | 0.25% | 4.81M | Aug 2021 | KONG vs XTR | |
| Global X S&P 500 Collar 95-110 ETF | 0.25% | 3.57M | Aug 2021 | KONG vs XCLR | |
| Invesco S&P 500 Downside Hedged ETF | 0.39% | 63.46M | Dec 2012 | KONG vs PHDG | |
| Simplify Hedged Equity ETF | 0.43% | 296.16M | Nov 2021 | KONG vs HEQT | |
| Invesco QQQ Hedged Advantage ETF | 0.45% | — | May 2025 | KONG vs QQHG |
Best Risk-Adjusted Alternatives to KONG
KONG has a PortfoliosLab risk / return rank of 29. There are 29 ETFs in the Equity Hedged category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Large Cap Max Buffer Jun ETF | 95 | — | Jun 2024 | KONG vs MAXJ | |
| Kraneshares Hedgeye Hedged Equity Index ETF | 92 | 118.66M | Jul 2024 | KONG vs KSPY | |
| Innovator U.S. Small Cap Managed Floor ETF | 91 | 91.97M | Sep 2024 | KONG vs RFLR | |
| State Street Galaxy Hedged Digital Asset Ecosystem... | 89 | 83.37M | Sep 2024 | KONG vs HECO | |
| MC Trio Equity Buffered ETF | 86 | — | Mar 2025 | KONG vs TRIO |
Top Performing KONG Alternatives (YTD)
KONG is at 5.64% YTD. There are 25 ETFs in the Equity Hedged category with higher YTD returns, going as high as 68.55%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Galaxy Hedged Digital Asset Ecosystem... | 68.55% | 83.37M | Sep 2024 | KONG vs HECO | |
| Innovator U.S. Small Cap Managed Floor ETF | 15.25% | 91.97M | Sep 2024 | KONG vs RFLR | |
| Hull Tactical US ETF | 12.44% | 137.43M | Jun 2015 | KONG vs HTUS | |
| Stratified LargeCap Hedged ETF | 11.99% | 23.16M | Jan 2019 | KONG vs SHUS | |
| 6 Meridian Hedged Equity-Index Option Strategy ETF | 11.60% | 488.90M | May 2020 | KONG vs SIXH |
Lowest Volatility Alternatives to KONG
KONG has 11.20% 1-year volatility. There are 24 ETFs in the Equity Hedged category with lower 1-year volatility, going as low as 2.35%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Large Cap Max Buffer Jun ETF | 2.35% | — | Jun 2024 | KONG vs MAXJ | |
| TrueShares Equity Hedge ETF | 5.06% | 14.53M | Jan 2026 | KONG vs ONEH | |
| Equable Shares Hedged Equity ETF | 5.80% | 301.01M | May 2019 | KONG vs HEDG | |
| MC Trio Equity Buffered ETF | 6.38% | — | Mar 2025 | KONG vs TRIO | |
| Simplify Hedged Equity ETF | 6.98% | 296.16M | Nov 2021 | KONG vs HEQT |
Lowest Drawdown Alternatives to KONG
KONG has a 1-year max drawdown of -8.54%. There are 23 ETFs in the Equity Hedged category with shallower 1-year drawdowns, going as shallow as -1.70%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Large Cap Max Buffer Jun ETF | -1.70% | — | Jun 2024 | KONG vs MAXJ | |
| 6 Meridian Hedged Equity-Index Option Strategy ETF | -4.36% | 488.90M | May 2020 | KONG vs SIXH | |
| Swan Hedged Equity US Large Cap ETF | -4.39% | 584.47M | Dec 2020 | KONG vs HEGD | |
| Kraneshares Hedgeye Hedged Equity Index ETF | -4.46% | 118.66M | Jul 2024 | KONG vs KSPY | |
| MC Trio Equity Buffered ETF | -4.47% | — | Mar 2025 | KONG vs TRIO |
Other ETFs from Formidable
The 1 most viewed Formidable ETFs shown here include FORH and span 1 categories. AUM among these funds goes as high as $22M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Formidable ETF | Mid Cap Blend Equities | 20 | 1.27% | 21.81M | Apr 2021 | KONG vs FORH |
Often Compared With KONG
Investors most often compare KONG with BUZZ, GDE, EJAN. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare KONG with Any Fund or Stock
Compare KONG with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair KONG with funds that move differently
Formidable Fortress ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to KONG.
Explore KONG Diversifiers