---
ticker: "KONG"
name: "Formidable Fortress ETF"
url: "https://etf.net/etf/KONG"
grade: "D"
score: 33
graded_at: "2026-10-12"
category: "US Active Equity"
category_rank: "105 of 127"
methodology: "https://etf.net/methodology"
---

# KONG: Formidable Fortress ETF

Grade **D**, Score 33 of 100. Rank 105 of 127 in US Active Equity.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 25 | 95 of 127 |
| Mission | Not scored | — |
| Risk | 55 | 60 of 126 |
| Tradability | 9 | 124 of 127 |
| Holdings | 56 | 64 of 124 |
| Durability | 47 | 74 of 127 |

## Top holdings

The fund holds 37 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | NOW | Servicenow Inc | 6.60% |
| 2 | MSFT | Microsoft Corp | 6.32% |
| 3 | FFIV | F5 Inc | 4.48% |
| 4 | EME | EMCOR Group Inc. | 4.08% |
| 5 | FAST | Fastenal Co | 4.07% |
| 6 | SNPS | Synopsys Inc | 3.86% |
| 7 | NVDA | NVIDIA Corp | 3.77% |
| 8 | TPL | Texas Pacific Land Trust | 3.42% |
| 9 | ANET | Arista Networks Inc | 3.36% |
| 10 | IBKR | Interactive Brokers Gro-Cl A | 3.30% |
| 11 | GEV | Ge Vernova Llc | 3.18% |
| 12 | META | Meta Platforms Inc | 3.16% |
| 13 | CBOE | Cboe Holdings Inc | 2.92% |
| 14 | SNA | Snap-On Inc | 2.92% |
| 15 | CHE | Chemed Corp | 2.73% |
| 16 | — | Cash and Cash Equivalents | 2.69% |
| 17 | SN | Sharkninja Hong Kong Co Ltd | 2.66% |
| 18 | GOOG | Alphabet Inc-Cl C | 2.65% |
| 19 | WST | West Pharmaceutical Services | 2.50% |
| 20 | MPWR | Monolithic Power Systems Inc | 2.43% |
| 21 | UTHR | United Therapeutics Corp. | 2.39% |
| 22 | FIX | Comfort Systems USA Inc. | 2.35% |
| 23 | GGG | Graco Inc | 2.34% |
| 24 | PHM | Pultegroup Inc | 2.28% |
| 25 | SPGI | S&P Global Inc | 2.27% |
| 26 | JKHY | Jack Henry | 2.20% |
| 27 | NEM | Newmont Goldcorp Corporation Com | 2.16% |
| 28 | GLPI | Gaming and Leisure Propertie | 2.09% |
| 29 | REGN | Regeneron Pharmaceuticals | 2.05% |
| 30 | VRTX | Vertex Pharmaceuticals Inc | 1.87% |

Source: etf.net, https://etf.net/etf/KONG. Please cite the page URL.