KONG - ETF AI Analysis
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Formidable Fortress ETF (KONG)
Rating:73Outperform
Price Target:―
Positive Factors
Strong Recent One-Month Performance
The ETF has shown strong gains over the past month, suggesting improving short-term momentum.
Several Strong-Performing Top Holdings
Key positions like Fastenal, Interactive Brokers, F5, EMCOR Group, Nvidia, and Snap-on have delivered strong year-to-date results, helping support the fund’s overall performance.
Broad Sector Diversification
Holdings spread across technology, industrials, health care, financials, and several other sectors help reduce the impact if any single industry struggles.
Negative Factors
High Expense Ratio
The fund’s expense ratio is relatively high for an ETF, which can eat into long-term returns compared with lower-cost alternatives.
Mixed Performance Among Top Tech Holdings
Some major technology positions like Microsoft, ServiceNow, and Synopsys have shown weak year-to-date performance, which can drag on the fund given its sizable tech exposure.
Heavy U.S. Market Concentration
With the vast majority of assets invested in U.S. companies, the ETF offers limited geographic diversification and is highly sensitive to the U.S. market.
KONG vs. SPDR S&P 500 ETF (SPY)
AUM22.23M
RegionGlobal
Expense Ratio0.89%
Beta0.62
IssuerFormidable
Inception DateJul 21, 2021
Dividend Yield0.36%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume188
30 Day Avg. Volume852
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
37.65Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering34
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
KONG Summary
The Formidable Fortress ETF (KONG) is an actively managed fund that aims to cover the total U.S. stock market, from big, well-known companies to smaller, fast-growing ones. It doesn’t track a specific index, but instead blends different sizes and styles of companies, with a strong tilt toward technology and industrials. Well-known holdings include Microsoft and Meta Platforms, along with other tech-focused names. Someone might invest in KONG for broad diversification and long-term growth potential in one fund. A key risk is that it’s heavily tilted toward tech and U.S. stocks, so its price can rise and fall sharply with those parts of the market.
How much will it cost me?The Formidable Fortress ETF (Ticker: KONG) has an expense ratio of 0.89%, which means you’ll pay $8.90 per year for every $1,000 invested. This is higher than average because the ETF is actively managed, aiming to provide strategic exposure to a diverse range of market opportunities.
What would affect this ETF?The Formidable Fortress ETF (KONG) could benefit from continued growth in the technology sector, which is its largest exposure, driven by innovation and demand for digital solutions. However, global economic uncertainty, rising interest rates, or regulatory changes in key industries like technology and healthcare could negatively impact its performance. Its broad global exposure provides diversification, but also makes it sensitive to international market conditions.
KONG Top 10 Holdings
KONG leans heavily on technology, with names like Microsoft, Nvidia, Synopsys, and Meta setting the tone, so the fund’s fortunes are closely tied to the Big Tech and AI story. Lately, Microsoft and Meta have been losing a bit of steam, while Synopsys has seen mixed action, which has taken some shine off the tech-heavy tilt. Offsetting that, industrial and financial standouts like Fastenal, EMCOR Group, Interactive Brokers, and Snap-on are quietly doing the heavy lifting. With a global mandate but U.S.-centric leaders, the fund feels more like a fortress built around American innovators.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| ServiceNow | 5.35% | $1.19M | $109.65B | -47.25% | 75 Outperform | |
| Fastenal Company | 5.15% | $1.15M | $55.79B | 9.97% | 72 Outperform | |
| Microsoft | 4.83% | $1.07M | $2.90T | -22.12% | 79 Outperform | |
| Meta Platforms | 4.59% | $1.02M | $1.48T | -14.58% | 76 Outperform | |
| F5, Inc. | 4.14% | $921.45K | $23.03B | 37.93% | 74 Outperform | |
| Interactive Brokers | 3.81% | $847.21K | $40.69B | 67.02% | 75 Outperform | |
| Snap-on | 3.54% | $787.53K | $21.35B | 30.41% | 78 Outperform | |
| Synopsys | 3.54% | $787.24K | $83.71B | -17.57% | 73 Outperform | |
| Texas Pacific Land | 3.40% | $756.86K | $28.09B | 16.88% | 76 Outperform | |
| Nvidia | 3.40% | $756.58K | $4.71T | 22.22% | 76 Outperform |
KONG Technical Analysis
Positive
―
Price Trends
30.95
Positive
30.62
Positive
30.52
Positive
Market Momentum
0.19
Negative
60.33
Neutral
81.66
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For KONG, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 30.87, equal to the 50-day MA of 30.95, and equal to the 200-day MA of 30.52, indicating a bullish trend. The MACD of 0.19 indicates Negative momentum. The RSI at 60.33 is Neutral, neither overbought nor oversold. The STOCH value of 81.66 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for KONG.
KONG Peer Comparison
Comparison Results
Performance Comparison
KONG
Formidable Fortress ETF
31.54
1.62
5.41%
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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