KONG vs NBET
Formidable Fortress ETF vs Neuberger Berman Energy Transition & Infrastructure ETF
Which is better, KONG or NBET?
NBET has been ahead.
NBET has a lower expense ratio. NBET led over 1Y, 3Y and the full window. KONG is less concentrated, with 43.3% of the fund in its ten largest positions against 59.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | KONG | NBET |
|---|---|---|
| Expense Ratio | 0.89% | 0.65%Best |
| AUM | $23M | $54M |
| Dividend Yield | 0.34% | 2.57% |
| Holdings | 106 | 34 |
| YTD Return | +8.48% | +26.43%Best |
| 1Y Return | +9.69% | +32.21%Best |
| 3Y Return (annualized) | +9.30% | +25.73%Best |
| 5Y Return (annualized) | +6.61% | - |
| Volatility (annualized) | 10.9%Best | 19.2% |
| Max Drawdown | -15.5%Best | -18.7% |
| $10,000 over 4.5 years | $13,691 | $17,743Best |
| Top 10 Weight | 43.3%Best | 59.6% |
| Fund Family | Formidable Funds | Neuberger Berman ETF Trust |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Mid Cap Blend |
| Inception | Jul 21, 2021 | Apr 6, 2022 |
Volatility and max drawdown, and the $10,000 over 4.5 years row, are measured over the window both funds cover: Apr 7, 2022 to Oct 14, 2026 (4.5 years).
KONG vs NBET growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.5 years both funds cover.
KONG vs NBET Performance
Formidable Fortress ETF (KONG) is an ETF from Formidable Funds and Neuberger Berman Energy Transition & Infrastructure ETF (NBET) is an ETF from Neuberger Berman ETF Trust. Over the past year KONG returned +9.69% while NBET returned +32.21%. Year to date, KONG is up 8.48% versus a gain of 26.43% for NBET.
Over three years, KONG compounded at +9.30% per year against +25.73% for NBET.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NBET has been the more volatile fund, with annualized monthly volatility of 19.2% compared with 10.9% for KONG. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -15.5% for KONG and -18.7% for NBET. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
KONG charges 0.89% per year while NBET charges 0.65%. On a $10,000 position that is $89 vs $65 annually, a gap of $24 per year that compounds over a long holding period. On income, KONG currently yields 0.34% against 2.57% for NBET.
Holdings Overlap
We hold position weights for 34 holdings in KONG and 31 in NBET, totalling 101.0% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 34 positions we hold weights for in KONG and 31 in NBET, against full books of 106 and 34.
What only one of them owns
Our book lists 29 positions for NBET that do not appear in our book for KONG (97.4% of the fund), and 34 for KONG that do not appear in NBET (101.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of KONG and NBET you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, KONG or NBET?
KONG has an expense ratio of 0.89% while NBET charges 0.65%. NBET is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, KONG or NBET?
Over the past year KONG returned +9.69% vs +32.21% for NBET, so NBET leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KONG or NBET?
NBET has been the more volatile fund at 19.2% annualized versus 10.9% for KONG. Worst drawdown: KONG -15.5% vs NBET -18.7%.
Should I hold both KONG and NBET?
KONG and NBET have a monthly-return correlation of 0.68, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, KONG or NBET?
KONG yields 0.34% while NBET yields 2.57%, so NBET currently pays the higher dividend yield.
Is NBET better than KONG?
NBET has a lower expense ratio. NBET led over 1Y, 3Y and the full window. KONG is less concentrated, with 43.3% of the fund in its ten largest positions against 59.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.