FORH vs FMQQ

Comparison between FORMIDABLE ETF (FORH, ETF) and FMQQ THE NEXT FRONTIER INTERNET ETF (FMQQ, ETF).

5-Year PerformanceFORH has outperformed FMQQ, delivering a return of +1.6% compared to -13.7%

FORH vs FMQQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FORH(ETF)	FMQQ(ETF)
Net Assets	$20M	$20M
Expense Ratio	1.19%	0.86%
Max Drawdown	26.46%	64.51%
Sharpe Ratio	0.16	-1.05
5Y Beta	0.58	0.86
P/E Ratio	-395.08	N/A
Forward P/E	17.48	N/A
PEG Ratio	-0.24	N/A
P/S Ratio	1.28	N/A
P/B Ratio	1.76	N/A

Net Assets

FORH

$20M

Winner

FMQQ

$20M

Expense Ratio

FORH

1.19%

Winner

FMQQ

0.86%

Max Drawdown

Winner

FORH

26.46%

FMQQ

64.51%

Sharpe Ratio

Winner

FORH

0.16

FMQQ

-1.05

5Y Beta

Winner

FORH

0.58

FMQQ

0.86

P/E Ratio

FORH

-395.08

FMQQ

N/A

Forward P/E

FORH

17.48

FMQQ

N/A

PEG Ratio

FORH

-0.24

FMQQ

N/A

P/S Ratio

FORH

1.28

FMQQ

N/A

P/B Ratio

FORH

1.76

FMQQ

N/A

FORH vs FMQQ - Holdings Comparison

FORH and FMQQ have 1 common holdings. Overlap is -0.90%

FORH's top 25 holdings weight is 72.11%. FMQQ's top 25 holdings weight is 93.06%.

Rank	FORH	FMQQ
#1	ACACIA RESEARCH CORP (ACTG) - 10.35%	SEA LTD ADR (SE) - 8.08%
#2	BROOKFIELD INFRASTRUCTURE PARTNERS LP (n/a) - 4.10%	MERCADOLIBRE INC (MELI) - 7.92%
#3	CORCEPT THERAPEUTICS INC (CORT) - 3.60%	RELIANCE INDUSTRIES LTD (n/a) - 7.39%
#4	PAN AMERICAN SILVER CORP (n/a) - 3.53%	NU HOLDINGS LTD ORDINARY SHARES CLASS A (NU) - 6.62%
#5	GENERAC HOLDINGS INC (GNRC) - 3.42%	BAJAJ FINANCE LTD (n/a) - 6.28%
#6	AEROVIRONMENT INC (AVAV) - 3.21%	ALLEGRO.EU SA ORDINARY SHARES (n/a) - 5.07%
#7	VEEVA SYSTEMS INC CLASS A (VEEV) - 3.05%	ETERNAL LTD (n/a) - 4.85%
#8	ROYAL GOLD INC (RGLD) - 3.02%	GRAB HOLDINGS LTD CLASS A (GRAB) - 4.62%
#9	CREDO TECHNOLOGY GROUP HOLDING LTD (CRDO) - 3.01%	KASPI.KZ JSC ADS (KSPI) - 4.24%
#10	ALLIANCE RESOURCE PARTNERS LP (ARLP) - 2.93%	JIO FINANCIAL SERVICES LTD (n/a) - 4.15%
#11	HEALTHSTREAM INC (HSTM) - 2.86%	XP INC CLASS A (XP) - 3.70%
#12	NOMAD FOODS LTD (NOMD) - 2.57%	COUPANG INC ORDINARY SHARES CLASS A (CPNG) - 3.18%
#13	FLUX POWER HOLDINGS INC (FLUX) - 2.42%	PB FINTECH LTD (n/a) - 3.08%
#14	PLAINS GP HOLDINGS LP CLASS A (PAGP) - 2.32%	ONE97 COMMUNICATIONS LTD (n/a) - 2.53%
#15	EPR PROPERTIES (EPR) - 2.29%	SWIGGY LTD (n/a) - 2.47%
#16	BLADEX INC CLASS E (BLX) - 2.22%	NAVER CORP (n/a) - 2.43%
#17	VIPER ENERGY INC ORDINARY SHARES CLASS A (VNOM) - 2.10%	INFO EDGE (INDIA) LTD (n/a) - 2.38%
#18	TALEN ENERGY CORP ORDINARY SHARES NEW (TLN) - 2.10%	LENSKART SOLUTIONS LTD (n/a) - 2.32%
#19	ROYALTY PHARMA PLC CLASS A (RPRX) - 2.03%	FSN E-COMMERCE VENTURES LTD (n/a) - 2.31%
#20	SM ENERGY CO (SM) - 1.95%	MAKEMYTRIP LTD (MMYT) - 2.28%
#21	GLOBAL PAYMENTS INC (GPN) - 1.94%	BILLIONBRAINS GARAGE VENTURES LTD (n/a) - 1.54%
#22	FIRST SOLAR INC (FSLR) - 1.82%	MEESHO LTD (n/a) - 1.50%
#23	PEARSON PLC ADR (PSO) - 1.78%	STONECO LTD CLASS A (STNE) - 1.49%
#24	APTIV PLC (APTV) - 1.75%	PT GOTO GOJEK TOKOPEDIA TBK (n/a) - 1.47%
#25	ATI INC (ATI) - 1.74%	DELIVERY HERO SE (n/a) - 1.16%
Total Holdings	60	44

FORH vs FMQQ - Historical Returns

Returns include dividend reinvestment.

Period	FORH	FMQQ
1 month	-1.47%	+4.84%
3 months	-3.88%	-0.12%
6 months	-3.49%	-8.33%
1 year	+5.23%	-16.57%
5 years(CAGR)	+1.55%	-13.69%
Max(CAGR)	+1.45%	-13.69%

FORH

-1.47%

Winner

FMQQ

+4.84%

FORH

-3.88%

Winner

FMQQ

-0.12%

Winner

FORH

-3.49%

FMQQ

-8.33%

Winner

FORH

+5.23%

FMQQ

-16.57%

5Y(CAGR)

Winner

FORH

+1.55%

FMQQ

-13.69%

Max(CAGR)

Winner

FORH

+1.45%

FMQQ

-13.69%

FORH vs FMQQ - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	FORH	FMQQ
2026	+0.16%	-12.57%
2025	+14.58%	+8.74%
2024	-7.53%	+14.13%
2023	-0.32%	+16.04%
2022	-2.34%	-54.27%
2021	-0.12%	-15.21%

FORH vs FMQQ Drawdown Comparison

The maximum drawdown for FORH was -20.78%, occurring on Apr 8, 2025. Recovery took 858 trading sessions.

The maximum drawdown for FMQQ was -64.51%, occurring on Oct 14, 2022. This drawdown has not yet recovered.

The current FORH drawdown is -10.01%. The current FMQQ drawdown is -52.39%.

Rank	FORH	FMQQ
#1	-20.78% Apr 20, 2022 - Sep 22, 2025	-64.51% Oct 19, 2021 - Oct 14, 2022
#2	-12.80% Oct 23, 2025 - Nov 20, 2025	-3.78% Oct 1, 2021 - Oct 15, 2021
#3	-10.50% Jun 8, 2021 - Apr 1, 2022	-0.37% Sep 28, 2021 - Sep 30, 2021
#4	-3.82% May 7, 2021 - Jun 1, 2021	N/A
#5	-2.78% Oct 15, 2025 - Oct 22, 2025	N/A
#6	-2.28% Oct 9, 2025 - Oct 14, 2025	N/A
#7	-2.06% Apr 4, 2022 - Apr 20, 2022	N/A
#8	-2.00% Sep 29, 2025 - Oct 6, 2025	N/A
#9	-1.24% Jun 2, 2021 - Jun 7, 2021	N/A
#10	-1.01% Oct 6, 2025 - Oct 8, 2025	N/A
#11	-0.98% May 3, 2021 - May 7, 2021	N/A
#12	-0.37% Sep 22, 2025 - Sep 24, 2025	N/A