IBB vs. KONG ETF Comparison

Comparison of iShares Nasdaq Biotechnology Index Fund (IBB) to Formidable Fortress ETF (KONG)

IBB

iShares Nasdaq Biotechnology Index Fund

IBB Description

The investment seeks to track the investment results of an index composed of biotechnology and pharmaceutical equities listed on the NASDAQ. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index contains securities of NASDAQÂ® listed companies that are classified according to the Industry Classification Benchmark as either biotechnology or pharmaceuticals and that also meet other eligibility criteria determined by The NASDAQ OMX Group, Inc. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$127.76

Average Daily Volume

1,727,935

Number of Holdings ^*

214

* may have additional holdings in another (foreign) market

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

$26.74

Average Daily Volume

3,137

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IBB	KONG
30 Days	-6.07%	-2.42%
60 Days	-7.55%	-0.14%
90 Days	-5.84%	2.39%
12 Months	-1.88%	10.09%

3 Overlapping Holdings

Symbol	Grade	Weight in IBB	Weight in KONG	Overlap
REGN	C	8.09%	2.66%	2.66%
UTHR	A	1.07%	3.18%	1.07%
VRTX	C	8.18%	2.65%	2.65%

IBB Overweight 211 Positions Relative to KONG

Symbol	Grade	Weight
AMGN	C	8.47%
GILD	F	8.16%
IQV	C	4.38%
MRNA	A	3.7%
BIIB	D	2.99%
MTD	C	2.76%
ARGX	D	1.98%
ILMN	D	1.98%
WAT	D	1.97%
ALNY	F	1.96%
BNTX	F	1.9%
BMRN	A	1.79%
GMAB	F	1.76%
NBIX	B	1.37%
INCY	F	1.26%
CRL	C	1.24%
BGNE	D	1.15%
SRPT	C	1.1%
TECH	F	1.06%
NTRA	A	1.06%
MEDP	B	1.01%
RGEN	D	0.91%
LEGN	F	0.82%
ITCI	A	0.8%
BRKR	D	0.8%
CYTK	D	0.73%
ASND	D	0.73%
EXEL	A	0.72%
PCVX	D	0.68%
IONS	D	0.59%
ROIV	C	0.55%
BPMC	B	0.55%
APLS	F	0.54%
RVMD	B	0.52%
HALO	C	0.51%
CRSP	F	0.49%
KRYS	B	0.43%
ALKS	D	0.42%
MDGL	D	0.4%
INSM	D	0.4%
RARE	D	0.35%
BBIO	F	0.35%
FTRE	C	0.34%
CRNX	B	0.33%
XENE	F	0.32%
BHVN	D	0.32%
TXG	F	0.32%
FOLD	F	0.32%
ALPN	A	0.31%
ACAD	F	0.3%
SWTX	C	0.29%
ARWR	F	0.29%
AXSM	D	0.28%
IDYA	D	0.28%
IOVA	D	0.27%
OLK	D	0.25%
IMCR	D	0.24%
VCEL	D	0.24%
MOR	A	0.24%
NTLA	F	0.22%
ACLX	D	0.22%
DNLI	F	0.21%
NUVL	C	0.21%
RCKT	D	0.21%
RYTM	C	0.21%
PTCT	F	0.2%
IMVT	F	0.2%
ARVN	D	0.2%
MRUS	C	0.19%
BEAM	F	0.19%
KYMR	C	0.19%
RNA	A	0.18%
SNDX	D	0.18%
KROS	D	0.17%
AGIO	A	0.17%
TWST	C	0.17%
GERN	B	0.17%
GLPG	F	0.17%
JANX	B	0.17%
MYGN	F	0.17%
VERA	D	0.16%
DVAX	F	0.16%
GRFS	F	0.16%
VCYT	D	0.15%
PTGX	D	0.15%
AKRO	F	0.14%
LGND	B	0.14%
ADMA	A	0.14%
NVCR	F	0.13%
ZLAB	F	0.13%
IRWD	D	0.13%
KURA	C	0.13%
DNA	F	0.13%
DYN	D	0.13%
INBX	D	0.13%
APGE	F	0.12%
RXRX	F	0.12%
XNCR	F	0.12%
FDMT	D	0.12%
GPCR	F	0.12%
FUSN	A	0.12%
EWTX	C	0.11%
STVN	F	0.11%
ARQT	D	0.11%
MNKD	C	0.11%
MORF	F	0.11%
BCRX	F	0.1%
MGNX	D	0.1%
PRTA	F	0.1%
AUTL	F	0.09%
ZNTL	F	0.09%
ABCL	F	0.09%
DAWN	C	0.09%
MRVI	C	0.09%
MIRM	F	0.09%
SANA	C	0.09%
TARS	B	0.09%
DCPH	D	0.08%
VIR	F	0.08%
ARCT	F	0.08%
VRNA	F	0.08%
RCUS	F	0.08%
SRRK	C	0.08%
SAGE	F	0.08%
RGNX	F	0.08%
ETNB	F	0.08%
RLAY	F	0.07%
AUPH	F	0.07%
NRIX	B	0.07%
PLRX	F	0.07%
KNSA	C	0.07%
BCYC	C	0.07%
CTKB	F	0.07%
OLMA	F	0.06%
NVAX	F	0.06%
COGT	F	0.06%
QTRX	F	0.06%
CABA	F	0.06%
ZYME	F	0.06%
FULC	D	0.05%
TBPH	B	0.05%
OPK	C	0.05%
WVE	F	0.05%
TVTX	F	0.05%
CGEM	B	0.05%
EDIT	F	0.05%
CSTL	C	0.05%
ANAB	F	0.05%
YMAB	C	0.05%
CNTA	D	0.05%
TSHA	C	0.04%
AVXL	F	0.04%
BMEA	F	0.04%
VYGR	F	0.04%
SVRA	D	0.04%
PACB	F	0.04%
RVNC	F	0.04%
ALLO	F	0.04%
MXCT	F	0.04%
IRON	F	0.04%
ABUS	B	0.04%
TNGX	D	0.04%
ALEC	F	0.04%
ORIC	F	0.04%
SPRY	B	0.04%
CMPS	F	0.04%
CDNA	F	0.04%
VERV	F	0.04%
ADPT	F	0.04%
ELVN	B	0.04%
ALXO	A	0.04%
URGN	F	0.04%
NUVB	B	0.04%
FLGT	F	0.04%
EXAI	F	0.04%
CVAC	F	0.03%
RAPT	F	0.03%
ATAI	B	0.03%
PHAT	F	0.03%
HUMA	B	0.03%
MGTX	F	0.03%
LYEL	C	0.03%
TRML	F	0.03%
AVIR	D	0.03%
KALV	F	0.03%
SMMT	D	0.03%
SLRN	F	0.03%
ITOS	F	0.03%
CRBU	F	0.03%
REPL	F	0.03%
PGEN	C	0.02%
ERAS	F	0.02%
THRD	B	0.02%
MLYS	D	0.02%
TERN	F	0.02%
BLUE	F	0.02%
OVID	F	0.02%
NBTX	D	0.02%
PRME	F	0.02%
QURE	F	0.02%
VNDA	B	0.02%
CHRS	F	0.02%
IMMP	B	0.02%
VTYX	F	0.02%
MRNS	F	0.01%
ACRS	F	0.01%
AMLX	F	0.01%
NAUT	F	0.01%
ACIU	F	0.01%
RNAC	D	0.0%
RPHM	D	0.0%

IBB Underweight 27 Positions Relative to KONG

Symbol	Grade	Weight
ADM	B	-4.1%
TPL	B	-3.84%
EME	B	-3.83%
CHE	C	-3.79%
GNTX	C	-3.7%
GGG	C	-3.63%
RS	D	-3.42%
NDSN	D	-3.38%
CPT	A	-3.36%
CSCO	D	-3.3%
JKHY	D	-3.26%
SPGI	D	-3.26%
CTRA	A	-3.2%
JNJ	F	-3.18%
ADP	B	-3.15%
IBKR	A	-3.06%
WST	A	-3.05%
DOX	D	-3.03%
PSA	D	-2.97%
MNST	D	-2.93%
RHI	D	-2.92%
CTSH	D	-2.9%
GLPI	F	-2.84%
MKTX	F	-2.59%
FAST	D	-2.34%
SNA	D	-2.27%
ERIE	C	-2.03%