IPDP vs. KONG ETF Comparison

Comparison of Dividend Performers ETF (IPDP) to Formidable Fortress ETF (KONG)

IPDP

Dividend Performers ETF

IPDP Description

The investment seeks to provide income; the secondary objective is capital appreciation. The fund’s investment strategy is twofold: (1) investing in dividend paying U.S. equity securities, and (2) credit spread options on an S&P 500 ETF or Index. It may also invest in equity real estate investment trusts (“REITs”). A credit spread is an options strategy that involves the purchase of one option and a sale of another option in the same class and with the same expiration but different strike prices.

Grade (RS Rating)

Last Trade

$18.04

Average Daily Volume

1,299

Number of Holdings ^*

* 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

$26.70

Average Daily Volume

3,039

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IPDP	KONG
30 Days	-2.72%	-2.84%
60 Days	-0.42%	-1.97%
90 Days	4.45%	2.13%
12 Months	27.28%	10.02%

6 Overlapping Holdings

Symbol	Grade	Weight in IPDP	Weight in KONG	Overlap
ADP	D	1.91%	3.18%	1.91%
CHE	D	1.75%	3.58%	1.75%
CSCO	F	1.79%	3.3%	1.79%
FAST	D	2.01%	2.39%	2.01%
JNJ	F	1.77%	3.17%	1.77%
SNA	D	1.76%	2.31%	1.76%

IPDP Overweight 43 Positions Relative to KONG

Symbol	Grade	Weight
ETN	A	2.5%
AVGO	C	2.41%
APOG	A	2.38%
APH	A	2.37%
TT	A	2.36%
DOV	A	2.33%
HIG	C	2.32%
QCOM	A	2.26%
TRV	D	2.23%
KLAC	A	2.22%
DCI	A	2.16%
ITT	B	2.15%
CTAS	B	2.15%
RGA	A	2.15%
HI	F	2.15%
MCK	B	2.14%
GWW	D	2.13%
A	D	2.13%
GPC	B	2.09%
ELV	B	2.08%
SYK	D	2.07%
SEIC	D	2.04%
SHW	D	2.02%
BRC	B	2.01%
AIT	C	1.98%
MSI	A	1.97%
AOS	D	1.96%
HD	D	1.94%
CSX	D	1.94%
ABM	B	1.92%
ABT	F	1.89%
PAYX	D	1.87%
WTS	C	1.85%
ROK	D	1.81%
MMC	C	1.81%
CAH	F	1.8%
UPS	F	1.79%
NSP	D	1.76%
ACN	D	1.69%
UNH	C	1.64%
AAPL	B	1.6%
GL	F	1.15%
HUM	F	1.08%

IPDP Underweight 24 Positions Relative to KONG

Symbol	Grade	Weight
EME	A	-4.17%
ADM	C	-3.98%
TPL	B	-3.96%
GNTX	D	-3.83%
CPT	B	-3.51%
NDSN	C	-3.42%
GGG	D	-3.42%
SPGI	C	-3.31%
CTRA	B	-3.29%
JKHY	D	-3.27%
IBKR	A	-3.21%
UTHR	A	-3.16%
RS	D	-3.14%
DOX	D	-3.01%
WST	F	-2.99%
MNST	D	-2.97%
PSA	D	-2.96%
CTSH	F	-2.91%
RHI	F	-2.91%
GLPI	F	-2.84%
VRTX	D	-2.69%
REGN	C	-2.64%
MKTX	F	-2.58%
ERIE	C	-2.05%