Formidable Fortress ETF (KONG) is a quality and low-volatility ETF. As of October 9, 2026, ETF Copilot scores KONG 5.6 out of 10 — highest on Risk (9.5), lowest on Value (0.2). It trades at 28.0 times earnings, against its own median of 22.1. Its ten largest holdings are 44% of the fund.
What stands out in KONG's data
A focused portfolio blending quality stocks with options income.
Trades at a richer price than most peers — you pay more for the safety it offers.
Its trailing EBITDA multiple of 21.0x is among the most expensive in the category, well above the 15.1x median, though return on invested capital of 31.3% is exceptionally high.
A niche sleeve that pairs quality exposure with options-generated income.
Why did KONG move this week? It rose 2.1% in the week to October 9, 2026 — Cboe and ServiceNow drove it
KONG rose 2.1% in the week to October 9, 2026. The holdings that moved it most were Cboe (+12.1%), ServiceNow (+4.8%) and F5 Networks (+5.7%); Monolithic Power Systems (−3.7%) pushed the other way.
How is KONG rated? ETF Copilot scores Formidable Fortress ETF (KONG) 5.6 out of 10
As of October 9, 2026, ETF Copilot scores Formidable Fortress ETF (KONG) 5.6 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 5.6 / 10
- Growth: 7.2 / 10
- Value: 0.2 / 10
- Risk: 9.5 / 10
- Quality: 9.2 / 10
- Return: 2.7 / 10
Is KONG expensive right now? It trades at 28.0 times earnings, against its own median of 22.1
As of October 9, 2026, KONG is more expensive than 98% of its own 64 monthly readings since 2021 — 63 of those months were cheaper than today.
Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.
What's inside KONG? 38% Tech
What's inside KONG: Size (Large 67%, Mid 33%, Small 0%); Geography (International 0%, US 100%); Tech 38.0%; Magnificent 7 16.3%; AI 18.0%; Semiconductors 6.4%; Memory 3.9%.
What are KONG's top holdings? The ten largest are 44% of the fund
More concentrated than 98% of Quality & Low Volatility ETFs.
Half of KONG's weight sits in its 12 largest positions, and once those weights are taken into account it behaves like 29 equally weighted holdings.
What is KONG's expense ratio? 0.89% a year
As of October 9, 2026, KONG charges 0.89% a year, yields 0.33% and holds $23M in assets across 34 positions.
| Measure | KONG |
|---|---|
| Expense ratio | 0.89% |
| Dividend yield | 0.33% |
| Assets under management | $23M |
| Holdings | 34 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Formidable Fortress ETF (KONG) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/kong
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