INFL vs. KONG ETF Comparison

Comparison of Horizon Kinetics Inflation Beneficiaries ETF (INFL) to Formidable Fortress ETF (KONG)
INFL

Horizon Kinetics Inflation Beneficiaries ETF

INFL Description

The investment seeks long-term growth of capital in real (inflation-adjusted) terms. The fund is an actively-managed ETF that seeks to achieve its investment objective by investing primarily in the equity securities of domestic and foreign companies that are expected to benefit, either directly or indirectly, from rising prices (inflation). The fund's investments in equity securities are generally expected to include common stock, ownership units of publicly traded MLPs, and units of royalty trusts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$41.75

Average Daily Volume

169,632

Number of Holdings *

16

* 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

$30.44

Average Daily Volume

2,555

Number of Holdings *

33

* may have additional holdings in another (foreign) market
Performance
Period INFL KONG
30 Days 4.14% 3.25%
60 Days 10.90% 4.95%
90 Days 12.31% 7.97%
12 Months 36.40% 20.74%
2 Overlapping Holdings
Symbol Grade Weight in INFL Weight in KONG Overlap
ADM D 2.34% 2.93% 2.34%
TPL A 9.35% 5.61% 5.61%
INFL Overweight 14 Positions Relative to KONG
Symbol Grade Weight
ICE C 4.32%
CACI D 3.57%
LNG A 3.06%
MMC B 2.82%
BG D 2.21%
WFG C 2.15%
DBRG F 1.7%
JOE F 1.19%
MSB A 0.98%
PBT B 0.94%
RPRX D 0.73%
DMLP A 0.54%
SBR B 0.49%
SJT C 0.41%
INFL Underweight 31 Positions Relative to KONG
Symbol Grade Weight
MKTX D -3.61%
IBKR A -3.54%
FFIV B -3.52%
NVDA B -3.52%
SNA A -3.25%
UTHR C -3.25%
ADBE C -3.24%
FAST B -3.2%
GOOG C -3.2%
SPGI C -3.18%
CTSH B -3.17%
META D -3.04%
WST C -3.01%
DOX D -2.99%
GGG B -2.99%
GLPI C -2.99%
SNPS B -2.94%
RS B -2.94%
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%
MSFT D -2.63%
GNTX C -2.4%
CTRA B -2.4%
ADP A -2.32%
EME A -2.22%
ERIE D -2.11%
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