KONG vs IONZ
Comparison between FORMIDABLE FORTRESS ETF (KONG, ETF) and Defiance Daily Target 2x Short IONQ ETF (IONZ, ETF).
KONG vs IONZ - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
KONG vs IONZ - Holdings Comparison
KONG and IONZ have 0 common holdings. Overlap is 0.00%
KONG's top 25 holdings weight is 85.54%. IONZ's top 25 holdings weight is 6.22%.
| Rank | KONG | IONZ |
|---|---|---|
| #1 | SERVICENOW INC (NOW) - 5.42% | FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 6.22% |
| #2 | META PLATFORMS INC CLASS A (META) - 5.27% | N/A |
| #3 | FASTENAL CO (FAST) - 5.09% | N/A |
| #4 | MICROSOFT CORP (MSFT) - 5.02% | N/A |
| #5 | F5 INC (FFIV) - 4.45% | N/A |
| #6 | INTERACTIVE BROKERS GROUP INC CLASS A (IBKR) - 3.96% | N/A |
| #7 | NVIDIA CORP (NVDA) - 3.84% | N/A |
| #8 | TEXAS PACIFIC LAND CORP (TPL) - 3.67% | N/A |
| #9 | SNAP-ON INC (SNA) - 3.61% | N/A |
| #10 | SYNOPSYS INC (SNPS) - 3.56% | N/A |
| #11 | EMCOR GROUP INC (EME) - 3.40% | N/A |
| #12 | ARISTA NETWORKS INC (ANET) - 3.12% | N/A |
| #13 | PUBLIC STORAGE (PSA) - 3.09% | N/A |
| #14 | ALPHABET INC CLASS C (GOOG) - 3.01% | N/A |
| #15 | CHEMED CORP (CHE) - 2.96% | N/A |
| #16 | PULTEGROUP INC (PHM) - 2.80% | N/A |
| #17 | NEWMONT CORP (NEM) - 2.72% | N/A |
| #18 | S&P GLOBAL INC (SPGI) - 2.70% | N/A |
| #19 | GAMING AND LEISURE PROPERTIES INC (GLPI) - 2.65% | N/A |
| #20 | REGENERON PHARMACEUTICALS INC (REGN) - 2.61% | N/A |
| #21 | VERTEX PHARMACEUTICALS INC (VRTX) - 2.60% | N/A |
| #22 | GE VERNOVA INC (GEV) - 2.56% | N/A |
| #23 | UNITED THERAPEUTICS CORP (UTHR) - 2.53% | N/A |
| #24 | JOHNSON & JOHNSON (JNJ) - 2.47% | N/A |
| #25 | GRACO INC (GGG) - 2.43% | N/A |
| Total Holdings | 60 | 1 |
KONG vs IONZ - Historical Returns
Returns include dividend reinvestment.
KONG vs IONZ - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | KONG | IONZ |
|---|---|---|
| 2026 | +2.50% | -74.49% |
| 2025 | +6.68% | -81.41% |
| 2024 | +9.46% | N/A |
| 2023 | +12.77% | N/A |
| 2022 | -8.62% | N/A |
| 2021 | +5.07% | N/A |
KONG vs IONZ Drawdown Comparison
The maximum drawdown for KONG was -19.98%, occurring on Jun 16, 2022. Recovery took 645 trading sessions.
The maximum drawdown for IONZ was -98.66%, occurring on May 29, 2026. This drawdown has not yet recovered.
The current KONG drawdown is -1.78%. The current IONZ drawdown is -96.17%.
| Rank | KONG | IONZ |
|---|---|---|
| #1 | -19.98% Jul 30, 2021 - Feb 23, 2024 | -98.66% Jun 25, 2025 - May 29, 2026 |
| #2 | -15.48% Nov 26, 2024 - Dec 11, 2025 | N/A |
| #3 | -8.54% Jan 28, 2026 - Jun 1, 2026 | N/A |
| #4 | -6.13% Mar 28, 2024 - Jul 15, 2024 | N/A |
| #5 | -5.63% Aug 30, 2024 - Sep 16, 2024 | N/A |
| #6 | -4.17% Jun 1, 2026 - Jul 6, 2026 | N/A |
| #7 | -3.88% Jul 16, 2024 - Aug 19, 2024 | N/A |
| #8 | -2.96% Nov 11, 2024 - Nov 22, 2024 | N/A |
| #9 | -1.97% Jan 9, 2026 - Jan 22, 2026 | N/A |
| #10 | -1.78% Jul 7, 2026 - Jul 21, 2026 | N/A |
| #11 | -1.57% Dec 24, 2025 - Jan 6, 2026 | N/A |
| #12 | -1.44% Oct 15, 2024 - Nov 6, 2024 | N/A |
| #13 | -1.01% Dec 11, 2025 - Dec 22, 2025 | N/A |
| #14 | -0.95% Mar 21, 2024 - Mar 28, 2024 | N/A |
| #15 | -0.90% Aug 19, 2024 - Aug 23, 2024 | N/A |
Correlation
Correlation between KONG and IONZ is -0.65 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.
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