KONG vs. NXTI ETF Comparison
Comparison of Formidable Fortress ETF (KONG) to Simplify Next Intangible Core Index ETF (NXTI)
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
$29.63
Average Daily Volume
2,504
Number of Holdings
*
33
* may have additional holdings in another (foreign) market
NXTI
Simplify Next Intangible Core Index ETF
NXTI Description
NXTI targets US companies with relatively high intangible capital-to-book assets ratios within their respective sectors. The fund defines intangible capital as productive assets that lack physical presence and are created through investments in brand, knowledge, and organization capital. The index construction starts by calculating a ratio of intangible capital-to-book assets for each security in an initial universe consisting of the largest 2000 US companies by market-cap. The 200 stocks with the highest intangible capital-to-book assets ratio are selected for inclusion. At least five stocks are included from each of the 13 sectors determined by the index provider using a combination of SIC and NAICS codes along with data from publicly available 10-K filings. Constituents are weighted by market capitalization, with individual security weights capped at 5%. The index reconstitutes quarterly.Grade (RS Rating)
Last Trade
$28.83
Average Daily Volume
485
Number of Holdings
*
197
* may have additional holdings in another (foreign) market
Performance
| Period | KONG | NXTI |
|---|---|---|
| 30 Days | 1.55% | 1.01% |
| 60 Days | 6.05% | 7.66% |
| 90 Days | 9.37% | 14.30% |
| 12 Months | 18.65% |
KONG Overweight 25 Positions Relative to NXTI
| Symbol | Grade | Weight | |
|---|---|---|---|
| TPL | A | 4.75% | |
| MKTX | B | 4.15% | |
| NVDA | B | 3.53% | |
| ADM | F | 3.27% | |
| GLPI | C | 3.25% | |
| DOX | B | 3.21% | |
| GOOG | B | 3.21% | |
| IBKR | A | 3.16% | |
| SNA | A | 3.15% | |
| SPGI | D | 3.15% | |
| JKHY | A | 3.14% | |
| CHE | F | 3.14% | |
| UTHR | A | 3.09% | |
| JNJ | D | 3.03% | |
| PSA | D | 3.0% | |
| WST | C | 2.95% | |
| GGG | C | 2.84% | |
| MSFT | D | 2.77% | |
| VRTX | A | 2.71% | |
| GNTX | C | 2.57% | |
| REGN | F | 2.56% | |
| ERIE | F | 2.44% | |
| CTRA | F | 2.33% | |
| ADP | A | 2.3% | |
| EME | A | 2.02% |
KONG Underweight 189 Positions Relative to NXTI
| Symbol | Grade | Weight | |
|---|---|---|---|
| WMT | A | -4.94% | |
| BRK.A | D | -4.21% | |
| XOM | B | -3.4% | |
| MA | B | -2.95% | |
| CSCO | A | -2.61% | |
| IBM | D | -2.41% | |
| UNH | D | -2.22% | |
| NOW | A | -2.2% | |
| INTU | D | -2.1% | |
| HD | B | -1.62% | |
| PANW | B | -1.39% | |
| KO | D | -1.34% | |
| IDXX | F | -1.28% | |
| ALNY | C | -1.08% | |
| UBER | C | -1.07% | |
| PEP | F | -1.03% | |
| DELL | B | -0.98% | |
| NKE | F | -0.93% | |
| MSI | B | -0.92% | |
| HON | B | -0.9% | |
| BKNG | A | -0.89% | |
| SPOT | B | -0.88% | |
| PLTR | A | -0.87% | |
| CDNS | B | -0.86% | |
| WDAY | D | -0.84% | |
| AMAT | F | -0.81% | |
| PM | A | -0.81% | |
| UPS | C | -0.79% | |
| AXP | B | -0.76% | |
| FTNT | C | -0.75% | |
| ADSK | A | -0.7% | |
| BX | B | -0.69% | |
| TGT | D | -0.68% | |
| CL | D | -0.61% | |
| LOW | B | -0.61% | |
| PGR | D | -0.59% | |
| ALGN | F | -0.57% | |
| LRCX | F | -0.57% | |
| GEV | A | -0.56% | |
| FICO | B | -0.55% | |
| TT | B | -0.55% | |
| CTAS | B | -0.55% | |
| ABNB | C | -0.53% | |
| WMB | A | -0.51% | |
| TEAM | B | -0.51% | |
| ITW | A | -0.5% | |
| MMM | D | -0.5% | |
| DDOG | B | -0.49% | |
| ORLY | B | -0.49% | |
| ELV | F | -0.48% | |
| NTRA | C | -0.47% | |
| EA | A | -0.47% | |
| HPQ | B | -0.45% | |
| D | B | -0.44% | |
| MMC | D | -0.44% | |
| FDX | D | -0.44% | |
| INSM | D | -0.42% | |
| SRPT | D | -0.42% | |
| APP | B | -0.41% | |
| INCY | A | -0.4% | |
| PH | A | -0.4% | |
| CI | D | -0.39% | |
| SHW | C | -0.38% | |
| NBIX | D | -0.38% | |
| DASH | B | -0.38% | |
| CDW | F | -0.37% | |
| MPC | F | -0.37% | |
| EBAY | D | -0.37% | |
| KR | A | -0.37% | |
| ECL | D | -0.36% | |
| HUBS | B | -0.34% | |
| NET | C | -0.34% | |
| ED | D | -0.33% | |
| KMB | D | -0.33% | |
| CVS | F | -0.32% | |
| HSIC | F | -0.31% | |
| VST | C | -0.31% | |
| PAYX | B | -0.31% | |
| ZS | C | -0.31% | |
| NTAP | D | -0.31% | |
| PINS | C | -0.3% | |
| CMI | A | -0.3% | |
| TRGP | A | -0.3% | |
| GDDY | B | -0.29% | |
| GWW | A | -0.29% | |
| A | C | -0.29% | |
| IOT | B | -0.28% | |
| STX | D | -0.28% | |
| PEN | B | -0.27% | |
| AJG | D | -0.26% | |
| EL | F | -0.26% | |
| ITCI | A | -0.25% | |
| MDB | F | -0.25% | |
| IT | B | -0.25% | |
| AFL | D | -0.25% | |
| VLTO | D | -0.25% | |
| SMMT | C | -0.23% | |
| EXEL | A | -0.23% | |
| IONS | F | -0.23% | |
| BKR | A | -0.23% | |
| ZBRA | B | -0.23% | |
| NWS | A | -0.21% | |
| INSP | D | -0.21% | |
| BPMC | C | -0.21% | |
| BBY | D | -0.21% | |
| MTD | D | -0.21% | |
| VMC | B | -0.21% | |
| TRV | B | -0.21% | |
| AIG | B | -0.2% | |
| NTNX | B | -0.2% | |
| MANH | D | -0.2% | |
| AMP | A | -0.2% | |
| SNAP | C | -0.2% | |
| ALL | D | -0.2% | |
| CYTK | F | -0.2% | |
| BBIO | F | -0.19% | |
| DT | B | -0.19% | |
| DD | C | -0.19% | |
| PSTG | D | -0.19% | |
| GIS | D | -0.18% | |
| HUM | F | -0.18% | |
| KEYS | C | -0.18% | |
| PRU | C | -0.18% | |
| TOST | B | -0.18% | |
| ACGL | F | -0.17% | |
| NRG | B | -0.17% | |
| OTIS | B | -0.17% | |
| SYY | C | -0.17% | |
| RARE | D | -0.16% | |
| XYL | F | -0.16% | |
| DOCU | A | -0.16% | |
| JNPR | A | -0.16% | |
| HSY | F | -0.16% | |
| WSM | D | -0.16% | |
| ROL | D | -0.16% | |
| MDGL | A | -0.16% | |
| ULTA | D | -0.16% | |
| AXSM | D | -0.15% | |
| LYV | A | -0.15% | |
| ALKS | C | -0.15% | |
| BURL | D | -0.15% | |
| CBRE | A | -0.15% | |
| TER | F | -0.15% | |
| WAT | A | -0.15% | |
| CNC | D | -0.15% | |
| GWRE | B | -0.15% | |
| EXPE | A | -0.14% | |
| BAH | A | -0.14% | |
| CLX | C | -0.14% | |
| ILMN | A | -0.14% | |
| DUOL | B | -0.14% | |
| NI | A | -0.14% | |
| CORT | A | -0.14% | |
| HIG | D | -0.14% | |
| CACI | A | -0.14% | |
| APLS | F | -0.13% | |
| LII | A | -0.13% | |
| GPC | F | -0.13% | |
| MTCH | C | -0.13% | |
| EXPD | D | -0.13% | |
| PPG | F | -0.13% | |
| APTV | F | -0.13% | |
| RDDT | A | -0.13% | |
| DECK | B | -0.13% | |
| CVNA | B | -0.13% | |
| APPF | D | -0.12% | |
| DYN | F | -0.12% | |
| WING | F | -0.12% | |
| K | A | -0.12% | |
| DOV | A | -0.12% | |
| TSCO | D | -0.12% | |
| BRO | A | -0.12% | |
| AVY | D | -0.12% | |
| GTLB | B | -0.11% | |
| DKNG | D | -0.11% | |
| PCOR | C | -0.11% | |
| RL | A | -0.11% | |
| FOLD | B | -0.11% | |
| TXT | D | -0.11% | |
| NYT | C | -0.11% | |
| DNLI | C | -0.11% | |
| IOVA | B | -0.1% | |
| AMED | C | -0.1% | |
| TGTX | B | -0.1% | |
| ACI | F | -0.1% | |
| TW | B | -0.1% | |
| CHWY | C | -0.09% | |
| DLB | C | -0.04% | |
| LNW | D | -0.04% |
KONG: Top Represented Industries & Keywords
Industries:
Biotechnology
Capital Markets
Software - Infrastructure
Business Services
Internet Content & Information
Software - Application
Auto Parts
Beverages - Soft Drinks
Diversified Industrials
Drug Manufacturers - Major
Engineering & Construction
Farm Products
Industrial Distribution
Information Technology Services
Insurance Brokers
Medical Care
Medical Instruments & Supplies
Oil & Gas E&P
REIT - Diversified
REIT - Industrial
NXTI: Top Represented Industries & Keywords
Industries:
Software - Application
Biotechnology
Diversified Industrials
Specialty Retail
Software - Infrastructure
Diagnostics & Research
Health Care Plans
Internet Content & Information
Information Technology Services
Business Services
Household & Personal Products
Insurance - Diversified
Beverages - Soft Drinks
Communication Equipment
Data Storage
Discount Stores
Insurance - Property & Casualty
Insurance Brokers
Integrated Shipping & Logistics
Internet Content & Information
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