KONG
We believe an active approach may be an efficient way to provide exposure to mid, and large-cap stocks.
Why KONG?
Active
Driven by our research process, not a passive index.
Analytical
Research seeks to identify quality companies with capital discipline and lower market volatility.
Adaptable
Hedging strategies seek to help protect against significant market declines.
KONG – Fund Details
Inception Date |
Management Style |
CUSIP: |
Total Gross Expense Ratio |
| 7/21/2021 | Active | 26923N504 | 0.89 |
Asset Class |
Exchange |
Advisor |
| Equity | NYSE Arca, Inc. | Formidable Asset Management |
As of Date |
NAV($) |
Market Price($) |
Premium/Discount |
| 3/30/2023 | 24.6069 | 24.6192 | 0.05 |
30 Day Median Bid/Ask |
Shares Outstanding |
Total Net Assets |
| 0.00453 | 975,000 | 24,003,720.00 |
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Fund Performance
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NAV % |
Market % |
|
|---|---|---|
| ROLLING | ||
| 1 Month | 0.07 | 0.01 |
| 3 Month | No data found for ETF: KONG | No data found for ETF: KONG |
| YTD | 4.19 | 4.27 |
| SINCE INCEPTION |
||
| Daily (as of 3/30/2023) | -1.57 | -1.52 |
| Monthly (as of 3/31/2023) | No data found for ETF: KONG | No data found for ETF: KONG |
| Quarterly (as of 3/31/2023) | No data found for ETF: KONG | No data found for ETF: KONG |
| HISTORIC | ||
| Last Month (as of 3/2/2023) | No data found for ETF: KONG | No data found for ETF: KONG |
| Last Quarter (as of 3/31/2023) | No data found for ETF: KONG | No data found for ETF: KONG |
| Last Year (as of 12/30/2022) | -9.22 | -9.07 |
* Inception dates used for calculations since ETF launched in 2021.
The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. The gross expense ratio is 0.89%.
The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. See the details section for the gross expense ratio.
Shares are bought and sold at market price not net asset value (NAV). Market price returns are based upon the closing composite market price and do not represent the returns you would receive if you traded shares at other times.
Fund Objectives
The Fund seeks capital appreciation by investing primarily in equity securities.
Fund Documents
Premium Discount
Premium – The number of trading days the ETF’s closing price exceeds its NAV.
Discount – The number of trading days the ETF’s closing price is below its NAV.
| Number of Days At |
2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 |
|---|---|---|---|---|---|---|
| Premium | 44 | 53 | 34 | 34 | 40 | 42 |
| Discount | 6 | 11 | 28 | 28 | 24 | 21 |
Fund Holdings
Fund holdings are subject to change without notice. Holdings are as of market close on 3/30/2023.
| Holdings as of market close 2023-03-30 | ||||||
| ETF Ticker | Equity | Equity Ticker | Weight | Market Value | FIGI | Shares Held |
| KONG | GLPI US 04/21/23 C54.75 | 0.00 % | 303.66 | BBG0197NPDJ5 | -45.00 | |
| KONG | SPY US 04/21/23 P370 | -0.34 % | -81,744.41 | BBG0197P86T3 | 150.00 | |
| KONG | SPY US 04/21/23 P370 | 0.00 % | 120.40 | BBG0197P86T3 | -20.00 | |
| KONG | SPY US 04/21/23 P375 | -0.12 % | -29,645.47 | BBG01BD3DSK5 | 50.00 | |
| KONG | SPY US 04/21/23 P380 | -0.14 % | -32,855.47 | BBG01BD3DTP8 | 50.00 | |
| KONG | SWK US 04/21/23 C90 | 0.00 % | 783.40 | BBG0198LMM74 | -20.00 | |
| KONG | TTWO US 04/21/23 C130 | 0.00 % | 621.55 | BBG017S26VR4 | -15.00 | |
| KONG | VRTX US 04/21/23 C330 | 0.00 % | -165.16 | BBG0198T3762 | -5.00 | |
| KONG | ATVI US 04/21/23 C86 | -0.02 % | -3,614.49 | BBG01FYQMMP0 | -50.00 | |
| KONG | FAST US 04/21/23 C57.5 | 0.00 % | 174.25 | BBG01F9Q2755 | -25.00 | |
| KONG | BIO US 04/21/23 C540 | 0.00 % | -509.10 | BBG01F99DH22 | -3.00 | |
| KONG | SPY US 05/19/23 P360 | 0.05 % | 12,418.17 | BBG01C8MS9V1 | -50.00 | |
| KONG | SPY US 05/19/23 P365 | 0.03 % | 7,002.14 | BBG01C8MSHD3 | -50.00 | |
| KONG | SPY US 05/19/23 P375 | -0.08 % | -19,181.47 | BBG01C8MSVG9 | 50.00 | |
| KONG | SPY US 05/19/23 P380 | -0.03 % | -8,224.47 | BBG01C8MT101 | 50.00 | |
| KONG | CONTRA ABIOMED INC COMMON STOCK | 0.00 % | 0.00 | 1,065.00 | ||
| KONG | TREASURY BILL | TBILL | 5.09 % | 1,211,671.77 | BBG017F7D131 | 1,219,000.00 |
| KONG | TEXAS PACIFIC LAND TRUST | TPL.UN | 3.12 % | 744,034.76 | BBG00YRJXKB1 | 439.00 |
| KONG | AMDOCS LTD | DOX | 3.08 % | 734,142.27 | BBG000C3MXG5 | 7,727.00 |
| KONG | WEST PHARMACEUTICAL SERVICES | WST | 1.61 % | 383,478.75 | BBG000BX24N8 | 1,125.00 |
| KONG | PROGRESSIVE CORP | PGR | 3.13 % | 745,263.57 | BBG000BR37X2 | 5,183.00 |
| KONG | S&P GLOBAL INC | SPGI | 3.00 % | 715,301.92 | BBG000BP1Q11 | 2,096.00 |
| KONG | JACK HENRY | JKHY | 2.99 % | 712,079.76 | BBG000BMH2Q7 | 4,812.00 |
| KONG | FASTENAL CO | FAST | 3.01 % | 717,137.14 | BBG000BJ8YN7 | 13,577.00 |
| KONG | EXPEDITORS INTL WASH INC | EXPD | 2.98 % | 709,058.38 | BBG000BJ5GK2 | 6,623.00 |
| KONG | MONSTER BEVERAGE CORP | MNST | 3.01 % | 718,063.20 | BBG008NVB1C0 | 13,680.00 |
| KONG | Bio-Rad Laboratories Inc | BIO | 2.90 % | 690,685.92 | BBG000DY28W5 | 1,464.00 |
| KONG | PUBLIC STORAGE | PSA | 3.00 % | 714,796.64 | BBG000BPPN67 | 2,426.00 |
| KONG | GAMING AND LEISURE PROPERTIE | GLPI | 2.98 % | 709,379.94 | BBG003MSMCS6 | 13,934.00 |
| KONG | ROBERT HALF INTL INC | RHI | 3.00 % | 714,645.60 | BBG000BS5DR2 | 9,168.00 |
| KONG | AUTOMATIC DATA PROCESSING | ADP | 3.02 % | 720,585.67 | BBG000JG0547 | 3,283.00 |
| KONG | ERIE INDEMNITY COMPANY-CL A | ERIE | 2.94 % | 701,046.62 | BBG000BBTJZ1 | 3,086.00 |
| KONG | MarketAxess Holdings Inc. | MKTX | 1.28 % | 305,245.82 | BBG000BJBZ23 | 787.00 |
| KONG | STANLEY BLACK & DECKER INC | SWK | 2.86 % | 682,110.72 | BBG000BTQR96 | 8,772.00 |
| KONG | SNAP-ON INC | SNA | 3.01 % | 716,537.42 | BBG000BT7JW9 | 2,962.00 |
| KONG | CHEMED CORP | CHE | 3.00 % | 715,032.36 | BBG000C19QW1 | 1,356.00 |
| KONG | GRACO INC | GGG | 3.14 % | 747,778.50 | BBG000BK9W84 | 10,422.00 |
| KONG | GARMIN LTD | GRMN | 3.03 % | 721,386.00 | BBG000C4LN67 | 7,300.00 |
| KONG | CISCO SYSTEMS INC | CSCO | 4.17 % | 993,113.30 | BBG000C3J3C9 | 19,310.00 |
| KONG | AO Smith Corp | AOS | 2.99 % | 712,950.00 | BBG000BC1L02 | 10,500.00 |
| KONG | VERTEX PHARMACEUTICALS INC | VRTX | 3.12 % | 742,628.64 | BBG000C1S2X2 | 2,379.00 |
| KONG | REGENERON PHARMACEUTICALS | REGN | 3.13 % | 745,768.50 | BBG000C734W3 | 919.00 |
| KONG | United Therapeutics Corp. | UTHR | 2.96 % | 704,961.00 | BBG000BV4XJ1 | 3,219.00 |
| KONG | ACTIVISION BLIZZARD INC | ATVI | 6.15 % | 1,464,522.28 | BBG000CVWGS6 | 17,252.00 |
| KONG | TAKE-TWO INTERACTIVE SOFTWRE | TTWO | 3.02 % | 720,293.02 | BBG000BS1YV5 | 6,178.00 |
| KONG | ARCHER-DANIELS-MIDLAND CO | ADM | 3.04 % | 724,289.58 | BBG000BB6WG8 | 9,114.00 |
| KONG | CASH AND CASH EQUIVALENTS | 6.89 % | 1,641,856.76 | 1,641,856.76 | ||
| KONG | PSA US 04/21/23 C310 | 0.00 % | -385.16 | -5.00 | ||
| KONG | SPY US 04/21/23 P360 | 0.01 % | 1,908.74 | -42.00 | ||
| KONG | SPY US 04/21/23 P365 | 0.00 % | 1,137.23 | -36.00 | ||
| KONG | SWK US 04/21/23 C85 | 0.00 % | -30.30 | -10.00 | ||
| KONG | ADP US 04/21/23 C230 | 0.00 % | -80.16 | -5.00 | ||
| KONG | CSCO US 04/21/23 C53 | 0.00 % | -393.77 | -60.00 | ||