HDG vs KONG
Comparison between PROSHARES HEDGE REPLICATION ETF (HDG, ETF) and FORMIDABLE FORTRESS ETF (KONG, ETF).
5-Year PerformanceKONG has outperformed HDG, delivering a return of +4.6% compared to +3.2%
HDG vs KONG - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
HDG
$22M
Winner
KONG
$22M
Expense Ratio
HDG
0.95%
Winner
KONG
0.89%
Max Drawdown
Winner
HDG
15.31%
KONG
20.08%
Sharpe Ratio
Winner
HDG
1.10
KONG
-0.11
5Y Beta
Winner
HDG
0.33
KONG
0.64
P/E Ratio
HDG
N/A
KONG
25.19
Forward P/E
HDG
N/A
KONG
20.92
PEG Ratio
HDG
N/A
KONG
0.44
5Y EPS CAGR
HDG
N/A
KONG
26.27%
Debt to Equity
HDG
N/A
KONG
20.29%
P/S Ratio
HDG
N/A
KONG
5.20
P/B Ratio
HDG
N/A
KONG
5.47
HDG vs KONG - Holdings Comparison
HDG and KONG have 1 common holdings. Overlap is -0.97%
HDG's top 25 holdings weight is 20.55%. KONG's top 25 holdings weight is 85.54%.
| Rank | HDG | KONG |
|---|---|---|
| #1 | CTE PROSHARES TRUST M (n/a) - 12.50% | SERVICENOW INC (NOW) - 5.42% |
| #2 | MSCI EAFE INDEX (EFA) SWAP (n/a) - 2.45% | META PLATFORMS INC CLASS A (META) - 5.27% |
| #3 | CASH (n/a) - 2.38% | FASTENAL CO (FAST) - 5.09% |
| #4 | MSCI EMERGING MARKETS INDEX (EEM) SWAP (n/a) - 1.76% | MICROSOFT CORP (MSFT) - 5.02% |
| #5 | S&P 500 INDEX SWAP (n/a) - 0.61% | F5 INC (FFIV) - 4.45% |
| #6 | JFROG LTD ORDINARY SHARES (FROG) - 0.05% | INTERACTIVE BROKERS GROUP INC CLASS A (IBKR) - 3.96% |
| #7 | UMB FINANCIAL CORP (UMBF) - 0.05% | NVIDIA CORP (NVDA) - 3.84% |
| #8 | MOOG INC CLASS A (MOG-A) - 0.05% | TEXAS PACIFIC LAND CORP (TPL) - 3.67% |
| #9 | CYTOKINETICS INC (CYTK) - 0.05% | SNAP-ON INC (SNA) - 3.61% |
| #10 | BRIGHTSPRING HEALTH SERVICES INC (BTSG) - 0.05% | SYNOPSYS INC (SNPS) - 3.56% |
| #11 | IMMUNITYBIO INC ORDINARY SHARES (IBRX) - 0.04% | EMCOR GROUP INC (EME) - 3.40% |
| #12 | DORMAN PRODUCTS INC (DORM) - 0.04% | ARISTA NETWORKS INC (ANET) - 3.12% |
| #13 | EASTERN BANKSHARES INC ORDINARY SHARES (EBC) - 0.04% | PUBLIC STORAGE (PSA) - 3.09% |
| #14 | DIODES INC (DIOD) - 0.04% | ALPHABET INC CLASS C (GOOG) - 3.01% |
| #15 | n/a (SEI) - 0.04% | CHEMED CORP (CHE) - 2.96% |
| #16 | ALKERMES PLC (ALKS) - 0.04% | PULTEGROUP INC (PHM) - 2.80% |
| #17 | PROTAGONIST THERAPEUTICS INC (PTGX) - 0.04% | NEWMONT CORP (NEM) - 2.72% |
| #18 | SL GREEN REALTY CORP (SLG) - 0.04% | S&P GLOBAL INC (SPGI) - 2.70% |
| #19 | IDEAYA BIOSCIENCES INC (IDYA) - 0.04% | GAMING AND LEISURE PROPERTIES INC (GLPI) - 2.65% |
| #20 | CHAMPION HOMES INC (SKY) - 0.04% | REGENERON PHARMACEUTICALS INC (REGN) - 2.61% |
| #21 | n/a (PRAX) - 0.04% | VERTEX PHARMACEUTICALS INC (VRTX) - 2.60% |
| #22 | RYMAN HOSPITALITY PROPERTIES INC (RHP) - 0.04% | GE VERNOVA INC (GEV) - 2.56% |
| #23 | COPT DEFENSE PROPERTIES (CDP) - 0.04% | UNITED THERAPEUTICS CORP (UTHR) - 2.53% |
| #24 | n/a (CNR) - 0.04% | JOHNSON & JOHNSON (JNJ) - 2.47% |
| #25 | TG THERAPEUTICS INC (TGTX) - 0.04% | GRACO INC (GGG) - 2.43% |
| Total Holdings | 1844 | 60 |
HDG vs KONG - Historical Returns
Returns include dividend reinvestment.
1M
HDG
-0.41%
Winner
KONG
+1.16%
3M
Winner
HDG
+2.41%
KONG
+0.97%
6M
Winner
HDG
+4.33%
KONG
-1.56%
1Y
Winner
HDG
+10.54%
KONG
+1.41%
5Y(CAGR)
HDG
+3.25%
Winner
KONG
+4.57%
10Y(CAGR)
HDG
+3.81%
KONG
N/A
Max(CAGR)
HDG
+2.91%
Winner
KONG
+4.72%
HDG vs KONG - Annual Returns (2011 - 2026)
Returns include dividend reinvestment.
| Year | HDG | KONG |
|---|---|---|
| 2026 | +5.94% | +0.95% |
| 2025 | +7.20% | +6.68% |
| 2024 | +5.48% | +9.46% |
| 2023 | +6.75% | +12.77% |
| 2022 | -8.65% | -8.62% |
| 2021 | +3.46% | +5.07% |
| 2020 | +7.08% | N/A |
| 2019 | +9.83% | N/A |
| 2018 | -4.79% | N/A |
| 2017 | +5.32% | N/A |
| 2016 | +2.87% | N/A |
| 2015 | -0.06% | N/A |
| 2014 | +2.04% | N/A |
| 2013 | +3.33% | N/A |
| 2012 | +2.38% | N/A |
| 2011 | -3.01% | N/A |
HDG vs KONG Drawdown Comparison
The maximum drawdown for HDG was -15.31%, occurring on Sep 29, 2022. Recovery took 722 trading sessions.
The maximum drawdown for KONG was -19.98%, occurring on Jun 16, 2022. Recovery took 645 trading sessions.
The current HDG drawdown is -1.54%. The current KONG drawdown is -3.26%.
| Rank | HDG | KONG |
|---|---|---|
| #1 | -15.31% Nov 8, 2021 - Sep 24, 2024 | -19.98% Jul 30, 2021 - Feb 23, 2024 |
| #2 | -13.76% Feb 14, 2020 - Nov 5, 2020 | -15.48% Nov 26, 2024 - Dec 11, 2025 |
| #3 | -7.83% Jul 21, 2011 - Jan 2, 2013 | -8.54% Jan 28, 2026 - Jun 1, 2026 |
| #4 | -7.82% May 21, 2015 - Feb 15, 2017 | -6.13% Mar 28, 2024 - Jul 15, 2024 |
| #5 | -7.43% Jan 26, 2018 - Oct 21, 2019 | -5.63% Aug 30, 2024 - Sep 16, 2024 |
| #6 | -7.20% Feb 18, 2025 - Jul 3, 2025 | -4.17% Jun 1, 2026 - Jul 6, 2026 |
| #7 | -3.97% Feb 25, 2026 - Apr 16, 2026 | -3.88% Jul 16, 2024 - Aug 19, 2024 |
| #8 | -3.78% May 21, 2013 - Sep 18, 2013 | -3.26% Jul 7, 2026 - Jul 23, 2026 |
| #9 | -3.67% Mar 15, 2021 - Nov 5, 2021 | -2.96% Nov 11, 2024 - Nov 22, 2024 |
| #10 | -3.41% Sep 3, 2014 - Feb 4, 2015 | -1.97% Jan 9, 2026 - Jan 22, 2026 |
| #11 | -2.92% Feb 9, 2021 - Mar 15, 2021 | -1.57% Dec 24, 2025 - Jan 6, 2026 |
| #12 | -2.72% Oct 31, 2013 - Apr 2, 2014 | -1.44% Oct 15, 2024 - Nov 6, 2024 |
| #13 | -2.21% Oct 27, 2025 - Dec 10, 2025 | -1.01% Dec 11, 2025 - Dec 22, 2025 |
| #14 | -1.81% Jan 14, 2021 - Feb 4, 2021 | -0.95% Mar 21, 2024 - Mar 28, 2024 |
| #15 | -1.73% Dec 4, 2024 - Jan 30, 2025 | -0.90% Aug 19, 2024 - Aug 23, 2024 |
Correlation
Correlation between HDG and KONG is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.
0.92
-101
Dividend Comparison (2012 - 2026)
HDG vs KONG dividend yield comparison.
| Year | HDG | KONG |
|---|---|---|
| 2026 | 1.04% | 0.00% |
| 2025 | 2.55% | 0.37% |
| 2024 | 3.50% | 0.78% |
| 2023 | 3.48% | 0.69% |
| 2022 | 0.39% | 0.49% |
| 2021 | 0.00% | 0.12% |
| 2020 | 0.08% | 0.00% |
| 2019 | 1.09% | 0.00% |
| 2018 | 0.51% | 0.00% |
| 2015 | 0.00% | 0.00% |
| 2012 | 0.13% | 0.00% |
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