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
7/18/2024 27.7823 27.7897 0.0266
30 Day Median Bid/Ask Shares Outstanding Total Net Assets
0.008979 850,000 23,621,245.00

The real-time data feed for fund details is down.
Click here to view Fund Details and Performance.

Fund Performance

The real-time data feed for fund details is down.
Click here to view Fund Details and Performance.

NAV % Market %
ROLLING
1 Month Field not found in data. Field not found in data.
3 Month 4.61 4.79
YTD 5.03 5.15
SINCE
INCEPTION
Daily (as of 7/18/2024) 11.13 11.16
Monthly (as of 6/27/2024) 7.52 7.38
Quarterly (as of 6/27/2024) 7.52 7.38
HISTORIC
Last Month (as of 6/19/2024) 0.95 0.85
Last Quarter (as of 6/27/2024) -2.3 -2.41
Last Year (as of 12/29/2023) 12.19 12

* 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 [etfinfo etf=”KONG” aum=”NO” expratio=”YES”].

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
2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2
Premium 40 50 26 18 7 17
Discount 22 12 35 45 53 46

Fund Holdings

Fund holdings are subject to change without notice. Holdings are as of market close on 7/18/2024

ETF TickerDescriptionTickerWeightMarket ValueFIGIShares Held
KONGADBE US 08/16/24 C6100.00%-544.00-2.00
KONGADM US 08/30/24 C72-0.01%-1,625.00-50.00
KONGADOBE SYSTEMS INCADBE1.74%409,841.60BBG000BB5006736.00
KONGADP US 08/16/24 C260-0.01%-1,680.00-8.00
KONGALPHABET INC-CL CGOOG2.89%682,648.98BBG009S3NB303,809.00
KONGAMDOCS LTDDOX3.15%742,695.00BBG000C3MXG58,868.00
KONGARCHER-DANIELS-MIDLAND COADM3.90%920,925.06BBG000BB6WG814,214.00
KONGAUTOMATIC DATA PROCESSINGADP2.89%681,339.60BBG000JG05472,754.00
KONGCASH AND CASH EQUIVALENTS3.61%851,792.46851,792.46
KONGCHEMED CORPCHE2.90%683,575.49BBG000C19QW11,261.00
KONGCISCO SYSTEMS INCCSCO3.02%712,433.20BBG000C3J3C914,830.00
KONGCOGNIZANT TECH SOLUTIONS-ACTSH3.26%769,955.95BBG000BBDV8110,135.00
KONGCONTRA ABIOMED INC COMMON STOCK0.00%0.001,065.00
KONGCOTERRA ENERCOTERRA ENERGCTRA2.75%650,477.34BBG000C3GN4723,994.00
KONGCSCO US 08/16/24 C52.5-0.01%-1,400.00-50.00
KONGCTRA US 07/19/24 C300.00%-450.00-90.00
KONGCTSH US 08/16/24 C75-0.04%-9,600.00-30.00
KONGEMCOR Group Inc.EME2.54%600,875.01BBG000BBRPL41,647.00
KONGEME US 08/16/24 C420-0.01%-1,650.00-5.00
KONGERIE INDEMNITY COMPANY-CL AERIE3.10%731,980.80BBG000BBTJZ11,920.00
KONGERIE US 08/16/24 C390-0.02%-5,310.00-6.00
KONGFAST US 08/16/24 C750.00%-500.00-25.00
KONGFASTENAL COFAST3.13%738,545.90BBG000BJ8YN710,730.00
KONGGAMING AND LEISURE PROPERTIEGLPI3.20%754,977.30BBG003MSMCS615,631.00
KONGGENTEX CORPGNTX2.94%694,463.43BBG000BKJ09220,077.00
KONGGNTX US 08/16/24 C37.5-0.01%-1,500.00-60.00
KONGGOOG US 08/16/24 C2150.00%-340.00-10.00
KONGGRACO INCGGG2.99%705,505.78BBG000BK9W848,534.00
KONGIBKR US 07/19/24 C1350.00%-60.00-20.00
KONGINTERACTIVE BROKERS GRO-CL AIBKR2.79%658,517.60BBG000LV08365,506.00
KONGJACK HENRYJKHY2.99%706,482.20BBG000BMH2Q74,204.00
KONGJOHNSON & JOHNSONJNJ3.04%718,817.50BBG000BMHYD14,625.00
KONGMarketAxess Holdings Inc.MKTX3.25%768,540.17BBG000BJBZ233,473.00
KONGMETA PLATFORMS INCMETA2.70%637,163.15BBG000MM2P621,339.00
KONGMETA US 08/16/24 C6000.00%-759.00-3.00
KONGMICROSOFT CORPMSFT2.93%690,940.53BBG000BPH4591,569.00
KONGMNST US 08/16/24 C55-0.01%-1,800.00-40.00
KONGMONSTER BEVERAGE CORPMNST2.87%676,800.68BBG008NVB1C013,268.00
KONGMSFT US 08/16/24 C5050.00%-236.00-4.00
KONGNVDA US 08/16/24 C1580.00%-510.00-15.00
KONGNVIDIA CORPNVDA2.88%679,799.26BBG000BBJQV05,614.00
KONGPSA US 08/16/24 C300-0.06%-14,576.00-8.00
KONGPUBLIC STORAGEPSA3.22%759,353.62BBG000BPPN672,501.00
KONGREGENERON PHARMACEUTICALSREGN3.05%720,400.50BBG000C734W3675.00
KONGRELIANCE STEEL & ALUMINUMRS3.15%744,647.28BBG000CJ21812,418.00
KONGRS US 08/16/24 C330-0.01%-2,240.00-8.00
KONGS&P GLOBAL INCSPGI3.25%768,233.65BBG000BP1Q111,585.00
KONGSNA US 08/16/24 C3000.00%-680.00-8.00
KONGSNAP-ON INCSNA2.93%691,770.78BBG000BT7JW92,557.00
KONGSPGI US 08/16/24 C520-0.01%-1,500.00-5.00
KONGSPY US 07/19/24 P5100.00%-750.00-250.00
KONGSPY US 07/19/24 P5300.01%2,000.00250.00
KONGSPY US 08/16/24 P525-0.06%-13,860.39-75.00
KONGSPY US 08/16/24 P535-0.18%-41,850.00-150.00
KONGSPY US 08/16/24 P5400.12%29,111.2175.00
KONGSPY US 08/16/24 P5500.39%91,050.00150.00
KONGTEXAS PACIFIC LAND TRUSTTPL5.14%1,214,002.56BBG00YRJXKB11,486.00
KONGUnited Therapeutics Corp.UTHR2.08%490,375.64BBG000BV4XJ11,492.00
KONGUTHR US 08/16/24 C360-0.01%-1,625.00-5.00
KONGVERTEX PHARMACEUTICALS INCVRTX2.92%688,737.32BBG000C1S2X21,411.00
KONGVRTX US 07/19/24 C530-0.01%-2,150.00-5.00
KONGWEST PHARMACEUTICAL SERVICESWST2.78%655,456.48BBG000BX24N82,072.00
KONGWST US 08/16/24 C350-0.02%-5,100.00-6.00