KMID vs. KONG ETF Comparison

Comparison of Virtus KAR Mid-Cap ETF (KMID) to Formidable Fortress ETF (KONG)

KMID

Virtus KAR Mid-Cap ETF

KMID Description

The fund advisor pursues long-term capital appreciation in the medium capitalization sector while seeking less market risk than the Russell Midcap® Index. The fund advisor invests in medium market capitalization companies believed by Kayne Anderson Rudnick Investment Management, LLC, the fund"s sub-adviser, to be undervalued relative to their future growth potential. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.21

Average Daily Volume

13,293

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

$29.79

Average Daily Volume

2,632

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KMID	KONG
30 Days	0.56%	0.29%
60 Days		4.97%
90 Days		6.95%
12 Months		19.32%

1 Overlapping Holdings

	Symbol	Grade	Weight in KMID	Weight in KONG	Overlap
	WST	C	3.75%	3.01%	3.01%

KMID Overweight 24 Positions Relative to KONG

Symbol	Grade	Weight
AME	A	6.15%
TDY	B	4.11%
EFX	F	4.09%
POOL	D	4.07%
LII	B	3.99%
DPZ	C	3.93%
ROST	D	3.87%
ODFL	B	3.8%
HEI	A	3.73%
WAB	B	3.61%
BRO	B	3.58%
PNR	A	3.58%
NDSN	B	3.55%
VRSK	B	3.55%
BSY	D	3.45%
ROL	A	3.35%
MPWR	F	3.15%
FICO	A	3.07%
LPLA	A	3.01%
ALGN	D	2.92%
BR	A	2.84%
MSCI	A	2.79%
FDS	A	2.52%
WRB	A	2.46%

KMID Underweight 32 Positions Relative to KONG

Symbol	Grade	Weight
TPL	A	-5.61%
MKTX	C	-3.61%
IBKR	A	-3.54%
FFIV	B	-3.52%
NVDA	B	-3.52%
SNA	A	-3.25%
UTHR	B	-3.25%
ADBE	F	-3.24%
FAST	B	-3.2%
GOOG	B	-3.2%
SPGI	C	-3.18%
CTSH	B	-3.17%
META	C	-3.04%
DOX	D	-2.99%
GGG	A	-2.99%
GLPI	D	-2.99%
SNPS	C	-2.94%
RS	B	-2.94%
ADM	D	-2.93%
REGN	F	-2.92%
MNST	D	-2.92%
PSA	C	-2.89%
JKHY	D	-2.85%
CHE	D	-2.79%
JNJ	D	-2.76%
VRTX	C	-2.68%
MSFT	D	-2.63%
GNTX	C	-2.4%
CTRA	A	-2.4%
ADP	B	-2.32%
EME	B	-2.22%
ERIE	F	-2.11%