KONG vs. LGLV
Compare and contrast key facts about Formidable Fortress ETF (KONG) and SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV).
KONG and LGLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KONG is an actively managed fund by Formidable Asset Management. It was launched on Jul 22, 2021. LGLV is a passively managed fund by State Street that tracks the performance of the SSGA US Large Cap Low Volatility (TR). It was launched on Feb 20, 2013.
Performance
KONG vs. LGLV - Performance Comparison
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KONG vs. LGLV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
KONG Formidable Fortress ETF | -3.31% | 6.56% | 9.67% | 12.71% | -9.63% | 5.07% |
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF | 2.00% | 8.37% | 16.22% | 9.19% | -8.17% | 11.19% |
Returns By Period
In the year-to-date period, KONG achieves a -3.31% return, which is significantly lower than LGLV's 2.00% return.
KONG
- 1D
- 2.17%
- 1M
- -3.72%
- YTD
- -3.31%
- 6M
- -3.01%
- 1Y
- 4.56%
- 3Y*
- 6.40%
- 5Y*
- —
- 10Y*
- —
LGLV
- 1D
- 1.10%
- 1M
- -5.28%
- YTD
- 2.00%
- 6M
- 1.06%
- 1Y
- 4.45%
- 3Y*
- 11.46%
- 5Y*
- 9.25%
- 10Y*
- 11.24%
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KONG vs. LGLV - Expense Ratio Comparison
KONG has a 0.89% expense ratio, which is higher than LGLV's 0.12% expense ratio.
Return for Risk
KONG vs. LGLV — Risk / Return Rank
KONG
LGLV
KONG vs. LGLV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Formidable Fortress ETF (KONG) and SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| KONG | LGLV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.32 | 0.35 | -0.03 |
Sortino ratioReturn per unit of downside risk | 0.57 | 0.58 | -0.01 |
Omega ratioGain probability vs. loss probability | 1.07 | 1.08 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 0.56 | 0.58 | -0.02 |
Martin ratioReturn relative to average drawdown | 2.30 | 2.44 | -0.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| KONG | LGLV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.32 | 0.35 | -0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.72 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.70 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.78 | -0.49 |
Correlation
The correlation between KONG and LGLV is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
KONG vs. LGLV - Dividend Comparison
KONG's dividend yield for the trailing twelve months is around 0.38%, less than LGLV's 2.02% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KONG Formidable Fortress ETF | 0.38% | 0.37% | 0.78% | 0.69% | 0.49% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF | 2.02% | 1.94% | 1.93% | 2.03% | 1.95% | 1.65% | 1.98% | 1.89% | 2.09% | 4.39% | 2.54% | 2.97% |
Drawdowns
KONG vs. LGLV - Drawdown Comparison
The maximum KONG drawdown since its inception was -19.98%, smaller than the maximum LGLV drawdown of -36.64%. Use the drawdown chart below to compare losses from any high point for KONG and LGLV.
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Drawdown Indicators
| KONG | LGLV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.98% | -36.64% | +16.66% |
Max Drawdown (1Y)Largest decline over 1 year | -9.10% | -9.65% | +0.55% |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.49% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.64% | — |
Current DrawdownCurrent decline from peak | -5.81% | -5.52% | -0.29% |
Average DrawdownAverage peak-to-trough decline | -5.95% | -3.19% | -2.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.23% | 2.30% | -0.07% |
Volatility
KONG vs. LGLV - Volatility Comparison
Formidable Fortress ETF (KONG) has a higher volatility of 4.49% compared to SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV) at 3.11%. This indicates that KONG's price experiences larger fluctuations and is considered to be riskier than LGLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KONG | LGLV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.49% | 3.11% | +1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 8.28% | 6.63% | +1.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.43% | 12.78% | +1.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.72% | 12.93% | +1.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.72% | 16.10% | -1.38% |