ARVR vs. KONG ETF Comparison
Comparison of First Trust Indxx Metaverse ETF (ARVR) to Formidable Fortress ETF (KONG)
ARVR
First Trust Indxx Metaverse ETF
ARVR Description
The investment seeks to provide investment results that, before fees and expenses, track the price return performance of the EQM Tactile AR/VR Virtual Technology Index. The fund will normally invest at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that are expected to benefit from the increased adoption of augmented reality ("AR") and virtual reality ("VR") technologies. The fund will concentrate its investments in a particular industry or group of industries to approximately the same extent that the index concentrates in an industry or group of industries. It is non-diversified.
Grade (RS Rating)
Last Trade
$38.42
Average Daily Volume
1,680
23
KONG
Formidable Fortress ETF
KONG Description
The investment seeks long-term capital appreciation. Under normal market conditions, the fund seeks to meet its investment objective by investing in large- and mid-cap equity securities, including common stocks, related depository receipts, real estate investment trusts (REITs), and other equity investments or ownership interests in business enterprises. It invests predominantly in common stocks of large- and mid-cap companies (the "Investable Universe"). The fund's derivative investments may include, among other instruments: (i) options; (ii) volatility-linked ETFs; and (iii) volatility-linked exchange-traded notes (ETNs). It is non-diversified.Grade (RS Rating)
Last Trade
$30.44
Average Daily Volume
2,555
33
Performance
Period | ARVR | KONG |
---|---|---|
30 Days | 2.64% | 3.25% |
60 Days | 5.26% | 4.95% |
90 Days | 4.74% | 7.97% |
12 Months | 17.77% | 20.74% |
ARVR Underweight 28 Positions Relative to KONG
Symbol | Grade | Weight | |
---|---|---|---|
TPL | A | -5.61% | |
MKTX | D | -3.61% | |
IBKR | A | -3.54% | |
FFIV | B | -3.52% | |
SNA | A | -3.25% | |
UTHR | C | -3.25% | |
FAST | B | -3.2% | |
GOOG | C | -3.2% | |
SPGI | C | -3.18% | |
CTSH | B | -3.17% | |
WST | C | -3.01% | |
DOX | D | -2.99% | |
GGG | B | -2.99% | |
GLPI | C | -2.99% | |
RS | B | -2.94% | |
ADM | D | -2.93% | |
REGN | F | -2.92% | |
MNST | C | -2.92% | |
PSA | C | -2.89% | |
JKHY | D | -2.85% | |
CHE | D | -2.79% | |
JNJ | C | -2.76% | |
VRTX | D | -2.68% | |
GNTX | C | -2.4% | |
CTRA | B | -2.4% | |
ADP | A | -2.32% | |
EME | A | -2.22% | |
ERIE | D | -2.11% |
ARVR: Top Represented Industries & Keywords
KONG: Top Represented Industries & Keywords