Summary
KONG
Prices · period metrics · 12M
NAV as of 03/06/2026
02/04/2025 → 02/04/2026
Return 7.33% Volatility 14.39% Sharpe 0.02
Official loaded data — not a live quote.

Formidable Fortress ETF

Symbol: KONG

Exchange: BATS

Sector: Technology

Category: Mid-Cap Blend

Inception date: 21/07/2021

Latest date: 03/06/2026

Current price: $31.34

Expense ratio: 0.89%

Assets under management
$21.5M
0.04% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
--
--

Performance metrics

Period total return

1.91%

Ann. -40.03% (Sharpe / Sortino numerator)

Volatility

14.87%

Sharpe ratio

-2.936

VaR 95%

-1.50%

CVaR 95%: -1.68%
Max drawdown: -7.60%
Sortino ratio: -4.669
Calmar ratio: -5.27

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

1.59%

Ann. -11.87% (Sharpe / Sortino numerator)

Volatility

13.83%

Sharpe ratio

-1.121

VaR 95%

-1.50%

CVaR 95%: -1.73%
Max drawdown: -8.54%
Sortino ratio: -1.616
Calmar ratio: -1.39

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

3.53%

Ann. -6.35% (Sharpe / Sortino numerator)

Volatility

11.74%

Sharpe ratio

-0.850

VaR 95%

-1.38%

CVaR 95%: -1.63%
Max drawdown: -8.54%
Sortino ratio: -1.208
Calmar ratio: -0.74

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

7.33%

Ann. 3.90% (Sharpe / Sortino numerator)

Volatility

14.39%

Sharpe ratio

0.019

VaR 95%

-1.32%

CVaR 95%: -1.98%
Max drawdown: -8.54%
Sortino ratio: 0.027
Calmar ratio: 0.46

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

19.77%

Ann. 4.43% (Sharpe / Sortino numerator)

Volatility

13.73%

Sharpe ratio

0.058

VaR 95%

-1.16%

CVaR 95%: -1.92%
Max drawdown: -15.48%
Sortino ratio: 0.078
Calmar ratio: 0.29

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

31.27%

Ann. 6.43% (Sharpe / Sortino numerator)

Volatility

12.46%

Sharpe ratio

0.225

VaR 95%

-1.13%

CVaR 95%: -1.74%
Max drawdown: -15.48%
Sortino ratio: 0.305
Calmar ratio: 0.42

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 03/06/2025 - 03/06/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.031%

Best day

2.173%

31/03/2026
Worst day

-2.034%

03/02/2026
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
03/06/2026 $31.33 $31.34 $31.26 $31.34 3,300
02/06/2026 $31.60 $31.60 $31.34 $31.35 1,600
01/06/2026 $31.65 $31.65 $31.63 $31.63 700
29/05/2026 $31.30 $31.30 $31.30 $31.30 100
28/05/2026 $31.09 $31.09 $31.09 $31.09 100
27/05/2026 $31.09 $31.09 $31.09 $31.09 100
26/05/2026 $31.16 $31.16 $31.03 $31.10 2,100
22/05/2026 $31.00 $31.00 $31.00 $31.00 2,000
21/05/2026 $30.60 $30.84 $30.60 $30.84 200
20/05/2026 $31.03 $31.03 $31.03 $31.03 100