FORH vs KPDD

Comparison between FORMIDABLE ETF (FORH, ETF) and KRANESHARES 2X LONG PDD DAILY ETF (KPDD, ETF).

FORH vs KPDD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FORH(ETF)	KPDD(ETF)
Net Assets	$20M	$20M
Expense Ratio	1.19%	N/A
Max Drawdown	26.46%	81.78%
Sharpe Ratio	0.49	-0.58
5Y Beta	0.57	1.70
P/E Ratio	80.93	N/A
Forward P/E	18.35	N/A
PEG Ratio	-0.50	N/A
P/S Ratio	1.22	N/A
P/B Ratio	1.85	N/A

Net Assets

FORH

$20M

Winner

KPDD

$20M

Expense Ratio

FORH

1.19%

KPDD

N/A

Max Drawdown

Winner

FORH

26.46%

KPDD

81.78%

Sharpe Ratio

Winner

FORH

0.49

KPDD

-0.58

5Y Beta

Winner

FORH

0.57

KPDD

1.70

P/E Ratio

FORH

80.93

KPDD

N/A

Forward P/E

FORH

18.35

KPDD

N/A

PEG Ratio

FORH

-0.50

KPDD

N/A

P/S Ratio

FORH

1.22

KPDD

N/A

P/B Ratio

FORH

1.85

KPDD

N/A

FORH vs KPDD - Holdings Comparison

FORH and KPDD have 0 common holdings. Overlap is 0.00%

FORH's top 25 holdings weight is 71.59%. KPDD's top 25 holdings weight is -4.83%.

Rank	FORH	KPDD
#1	ACACIA RESEARCH CORP (ACTG) - 10.80%	PDD HOLDINGS INC ADR (PDD) - -4.83%
#2	ROYALTY PHARMA PLC CLASS A (RPRX) - 4.65%	N/A
#3	PAN AMERICAN SILVER CORP (n/a) - 4.13%	N/A
#4	BROOKFIELD INFRASTRUCTURE PARTNERS LP (n/a) - 3.99%	N/A
#5	ROYAL GOLD INC (RGLD) - 3.57%	N/A
#6	ALLIANCE RESOURCE PARTNERS LP (ARLP) - 3.23%	N/A
#7	FLUX POWER HOLDINGS INC (FLUX) - 2.96%	N/A
#8	GENERAC HOLDINGS INC (GNRC) - 2.72%	N/A
#9	CORCEPT THERAPEUTICS INC (CORT) - 2.72%	N/A
#10	GENPACT LTD (G) - 2.50%	N/A
#11	VIPER ENERGY INC ORDINARY SHARES CLASS A (VNOM) - 2.41%	N/A
#12	POWER SOLUTIONS INTERNATIONAL INC (PSIX) - 2.27%	N/A
#13	PLAINS GP HOLDINGS LP CLASS A (PAGP) - 2.26%	N/A
#14	EPR PROPERTIES (EPR) - 2.22%	N/A
#15	NOMAD FOODS LTD (NOMD) - 2.20%	N/A
#16	LITHIUM ARGENTINA AG (LAR) - 2.13%	N/A
#17	TALEN ENERGY CORP ORDINARY SHARES NEW (TLN) - 2.08%	N/A
#18	ATOUR LIFESTYLE HOLDINGS LTD ADR (ATAT) - 1.94%	N/A
#19	CREDO TECHNOLOGY GROUP HOLDING LTD (CRDO) - 1.91%	N/A
#20	PATRIA INVESTMENTS LTD ORDINARY SHARES CLASS A (PAX) - 1.90%	N/A
#21	CORECIVIC INC (CXW) - 1.88%	N/A
#22	ITRON INC (ITRI) - 1.83%	N/A
#23	VEEVA SYSTEMS INC CLASS A (VEEV) - 1.81%	N/A
#24	AMENTUM HOLDINGS INC (AMTM) - 1.74%	N/A
#25	GLOBAL PAYMENTS INC (GPN) - 1.74%	N/A
Total Holdings	59	1

FORH vs KPDD - Historical Returns

Returns include dividend reinvestment.

Period	FORH	KPDD
1 month	-3.34%	-25.76%
3 months	-0.58%	-33.74%
6 months	+0.42%	-54.43%
1 year	+11.32%	-42.00%
5 years(CAGR)	+0.93%	N/A
Max(CAGR)	+1.80%	-55.42%

Winner

FORH

-3.34%

KPDD

-25.76%

Winner

FORH

-0.58%

KPDD

-33.74%

Winner

FORH

+0.42%

KPDD

-54.43%

Winner

FORH

+11.32%

KPDD

-42.00%

5Y(CAGR)

FORH

+0.93%

KPDD

N/A

Max(CAGR)

Winner

FORH

+1.80%

KPDD

-55.42%

FORH vs KPDD - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	FORH	KPDD
2026	+1.75%	-51.54%
2025	+14.58%	-26.65%
2024	-7.53%	N/A
2023	-0.32%	N/A
2022	-2.34%	N/A
2021	-0.12%	N/A

FORH vs KPDD Drawdown Comparison

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

The maximum drawdown for KPDD was -71.00%, occurring on May 28, 2026. This drawdown has not yet recovered.

The current FORH drawdown is -8.58%. The current KPDD drawdown is -69.80%.

Rank	FORH	KPDD
#1	-20.78% Apr 20, 2022 - Sep 22, 2025	-71.00% Mar 20, 2025 - May 28, 2026
#2	-12.80% Oct 23, 2025 - Nov 20, 2025	-5.12% Mar 17, 2025 - Mar 20, 2025
#3	-10.50% Jun 8, 2021 - Apr 1, 2022	N/A
#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

Correlation

Correlation between FORH and KPDD is -0.35 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.35

-101