BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

QOWZvsKONGETF Comparison

ETF 1

QOWZ

Invesco Nasdaq Free Cash Flow Achievers ETF

This fund is part of

US Multi-Factor

-0.34%

Full QOWZ fund page

VS

ETF 2

KONG

Formidable Fortress ETF

This fund is part of

Global Blended Cap

-0.52%

Full KONG fund page

Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) belongs to the US Multi-Factor segment. Formidable Fortress ETF (KONG) is part of the Global Blended Cap segment. QOWZ's top 3 sector exposures are Technology, Business Services and Healthcare. In contrast, KONG's top sector exposures are Technology, Industrials and Healthcare. QOWZ is less expensive with a Total Expense Ratio (TER) of 0.39%, versus 0.89% for KONG. QOWZ is up 2.08% year-to-date (YTD) with -$4M in YTD flows. KONG performs better with 6.52% YTD performance, and -$737K in YTD flows. Run a side-by-side ETF comparison of QOWZ and KONG below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

Find out how industry players manage ETF portfolios. Discover our library of Model portfolios

QOWZ vs KONG performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 09/08/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	QOWZ KONG	-2.35%-2.32%	+6.93%+4.98%	+2.08%+6.52%	+0.80%+6.52%	n/a+29.61%	n/a+31.00%
Flows	QOWZ KONG	-$2M-	-$2M-	-$4M-$737K	-$5M-$740K	--$10M	--$948K

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	QOWZ KONG	+16.27%+11.59%	+16.27%+11.50%	n/a+11.75%	n/a+13.18%
Max drawdown	QOWZ KONG	-4.65%-3.74%	-17.83%-8.51%	n/a-15.24%	n/a-17.74%
Max drawdown duration	QOWZ KONG	12d13d	282d123d	n/a315d	n/a713d

Trading data

Create an account to view trading data

Join for free

	QOWZ	KONG
Last sale 9/9/2026 at 1:30 PM	$36.09
Previous close 09/09/2026	$36.48
Consolidated volume 09/09/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of August 31, 2026

1-year trailing difference

Create an account to view replication metrics

Join for free

KONG

is actively managed and doesn’t replicate an index

Create an account to view replication quality

Join for free

	QOWZ	KONG
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 9/9/2026 at 1:30 PM

Live

Closed

	QOWZ	KONG
Last price	$36.09	–
1D performance	-1.08%	–
AuM	$10.22 M	$22.73 M
E/R	0.39%	0.89%

Characteristics

	QOWZ	KONG
Management strategy	Passive	Active
Provider	Invesco	Formidable
Benchmark	Nasdaq US Free Cash Flow Achievers Index	-
N° of holdings	50	36
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	December 5, 2023	July 21, 2021
ESG	No	No

More QOWZ data on Trackinsight

More KONG data on Trackinsight

Exposure

Countries

QOWZ

USA

98.32%

Other

1.68%

KONG

USA

99.58%

Other

0.42%

Sectors

QOWZ

Technology

51.99%

Business Services

12.88%

Healthcare

10.87%

Industrials

9.55%

Other

14.71%

KONG

Technology

39.08%

Industrials

18.09%

Healthcare

15.49%

Finance

13.31%

Other

14.03%

Diversification

QOWZ

Total weight of top 15 holdings out of 15

50.71%

KONG

Total weight of top 15 holdings out of 15

53.89%

Top 15 holdings

Data as of July 31, 2026

QOWZ

NVIDIA Corp.

8.87%

Broadcom Inc.

6.06%

Mastercard, Inc.

4.87%

KLA Corp.

3.14%

Automatic Data Processing, Inc.

3.07%

Salesforce, Inc.

2.98%

Fortinet, Inc.

2.90%

Adobe, Inc.

2.68%

ServiceNow, Inc.

2.63%

Intuit, Inc.

2.52%

Republic Services, Inc.

2.41%

Cadence Design Systems, Inc.

2.33%

Roper Technologies, Inc.

2.23%

Veeva Systems, Inc.

2.02%

IDEXX Laboratories, Inc.

1.99%

KONG

Microsoft Corp.

5.77%

ServiceNow, Inc.

5.48%

Fastenal Co.

4.03%

F5, Inc.

3.95%

Snap-On, Inc.

3.49%

NVIDIA Corp.

3.47%

Interactive Brokers Group, Inc.

3.47%

Texas Pacific Land Corp.

3.38%

EMCOR Group, Inc.

3.33%

Synopsys, Inc.

3.09%

Chemed Corp.

3.05%

Arista Networks, Inc.

2.94%

Regeneron Pharmaceuticals, Inc.

2.89%

Alphabet, Inc.

2.86%

PulteGroup, Inc.

2.70%

Frequently asked questions about QOWZ and KONG

How have the QOWZ and KONG ETFs performed in 2026?

As of September 8, 2026, QOWZ is up 2.08% year-to-date (YTD), while KONG has returned 6.52%. That puts KONG better performer ahead so far this year.

Which ETF is attracting more investor money: QOWZ or KONG?

Year-to-date, the QOWZ ETF saw -$4M in flows, compared to -$737K for KONG.

Which ETF is more volatile: QOWZ or KONG?

Over the past year, QOWZ had a volatility of 16.27%, while KONG experienced 11.5%.

Which ETF is bigger: QOWZ or KONG?

As of September 8, 2026, QOWZ holds $10.22 M in assets under management (AUM), while KONG manages $22.73 M.

What sectors do the QOWZ and KONG ETFs invest in?

QOWZ leans toward sectors like Technology, Business Services and Healthcare. Meanwhile, KONG focuses on Technology, Industrials and Healthcare.

What are the top holdings of the QOWZ ETF and KONG ETF?

QOWZ top holdings include NVIDIA Corp., Broadcom Inc. and Mastercard, Inc.. KONG holds in its top three: Microsoft Corp., ServiceNow, Inc. and Fastenal Co..

QOWZvsKONGETF Comparison

Invesco Nasdaq Free Cash Flow Achievers ETF

Formidable Fortress ETF

QOWZ vs KONG performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the QOWZ and KONG ETFs performed in 2026?

As of September 8, 2026, QOWZ is up 2.08% year-to-date (YTD), while KONG has returned 6.52%. That puts KONG better performer ahead so far this year.

Which ETF is attracting more investor money: QOWZ or KONG?

Year-to-date, the QOWZ ETF saw -$4M in flows, compared to -$737K for KONG.

Which ETF is more volatile: QOWZ or KONG?

Over the past year, QOWZ had a volatility of 16.27%, while KONG experienced 11.5%.

Which ETF is bigger: QOWZ or KONG?

As of September 8, 2026, QOWZ holds $10.22 M in assets under management (AUM), while KONG manages $22.73 M.

What sectors do the QOWZ and KONG ETFs invest in?

QOWZ leans toward sectors like Technology, Business Services and Healthcare. Meanwhile, KONG focuses on Technology, Industrials and Healthcare.

What are the top holdings of the QOWZ ETF and KONG ETF?

QOWZ top holdings include NVIDIA Corp., Broadcom Inc. and Mastercard, Inc.. KONG holds in its top three: Microsoft Corp., ServiceNow, Inc. and Fastenal Co..

Which ETF is more diversified: QOWZ or KONG?

QOWZ holds 50 securities with 50.71% of its assets in the top 15. KONG has 36 securities and a top 15 weight of 53.89%.

Have you tried our ETF Compare tool?