KONG vs. QTEC ETF Comparison
Comparison of Formidable Fortress ETF (KONG) to First Trust NASDAQ-100- Technology Index Fund (QTEC)
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
$26.56
Average Daily Volume
3,068
30
QTEC
First Trust NASDAQ-100- Technology Index Fund
QTEC Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ-100 Technology Sector Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is an equal-weighted index based on the securities of the NASDAQ-100 Index(R) that are classified as "technology" according to the Industry Classification Benchmark classification system. The fund is non-diversified.Grade (RS Rating)
Last Trade
$182.75
Average Daily Volume
108,813
41
Performance
| Period | KONG | QTEC |
|---|---|---|
| 30 Days | -3.14% | -3.79% |
| 60 Days | -2.24% | -5.91% |
| 90 Days | 1.19% | -0.33% |
| 12 Months | 10.20% | 51.16% |
1 Overlapping Holdings
| Symbol | Grade | Weight in KONG | Weight in QTEC | Overlap | |
|---|---|---|---|---|---|
| CTSH | F | 2.91% | 2.23% | 2.23% |
KONG Overweight 29 Positions Relative to QTEC
| Symbol | Grade | Weight | |
|---|---|---|---|
| EME | A | 4.17% | |
| ADM | D | 3.98% | |
| TPL | B | 3.96% | |
| GNTX | D | 3.83% | |
| CHE | F | 3.58% | |
| CPT | A | 3.51% | |
| NDSN | C | 3.42% | |
| GGG | D | 3.42% | |
| SPGI | C | 3.31% | |
| CSCO | F | 3.3% | |
| CTRA | A | 3.29% | |
| JKHY | D | 3.27% | |
| IBKR | A | 3.21% | |
| ADP | D | 3.18% | |
| JNJ | F | 3.17% | |
| UTHR | A | 3.16% | |
| RS | D | 3.14% | |
| DOX | F | 3.01% | |
| WST | F | 2.99% | |
| MNST | D | 2.97% | |
| PSA | D | 2.96% | |
| RHI | F | 2.91% | |
| GLPI | F | 2.84% | |
| VRTX | D | 2.69% | |
| REGN | B | 2.64% | |
| MKTX | F | 2.58% | |
| FAST | D | 2.39% | |
| SNA | D | 2.31% | |
| ERIE | C | 2.05% |
KONG Underweight 40 Positions Relative to QTEC
| Symbol | Grade | Weight | |
|---|---|---|---|
| MU | B | -3.1% | |
| AVGO | D | -2.74% | |
| DDOG | C | -2.71% | |
| MCHP | A | -2.65% | |
| KLAC | B | -2.64% | |
| ADI | A | -2.64% | |
| MDB | F | -2.64% | |
| PANW | B | -2.63% | |
| NXPI | A | -2.63% | |
| TXN | A | -2.62% | |
| AMAT | C | -2.61% | |
| MRVL | D | -2.6% | |
| PDD | B | -2.59% | |
| LRCX | D | -2.58% | |
| INTU | C | -2.58% | |
| QCOM | A | -2.56% | |
| DASH | D | -2.56% | |
| AAPL | C | -2.54% | |
| ANSS | D | -2.54% | |
| CDW | F | -2.53% | |
| NVDA | C | -2.52% | |
| SNPS | D | -2.5% | |
| MSFT | C | -2.44% | |
| ASML | D | -2.44% | |
| ADBE | D | -2.43% | |
| CRWD | D | -2.43% | |
| FTNT | F | -2.43% | |
| ON | F | -2.39% | |
| CDNS | D | -2.39% | |
| GFS | D | -2.38% | |
| ROP | F | -2.37% | |
| WDAY | D | -2.34% | |
| ZS | D | -2.33% | |
| TEAM | F | -2.3% | |
| META | D | -2.26% | |
| ADSK | D | -2.15% | |
| AMD | D | -2.12% | |
| INTC | F | -1.86% | |
| GOOGL | A | -1.49% | |
| GOOG | A | -1.49% |
KONG: Top Represented Industries & Keywords
QTEC: Top Represented Industries & Keywords
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