BTAL vs. FFLS ETF Comparison

Comparison of QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL) to The Future Fund Long/Short ETF (FFLS)

BTAL

QuantShares U.S. Market Neutral Anti Beta Fund ETF

BTAL Description

The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Anti-Beta Index. The Target Anti-Beta Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Grade (RS Rating)

Last Trade

$19.01

Average Daily Volume

445,126

Number of Holdings ^*

392

* may have additional holdings in another (foreign) market

FFLS

The Future Fund Long/Short ETF

FFLS Description

Under normal conditions, the fund, which is an actively managed exchange traded fund or "ETF", will invest at least 80% of its assets in long and short positions in U.S. exchange-listed equity securities and American Depositary Receipts (ADRs). The fund may invest in the equity securities of companies of any market capitalization although the fund will primarily invest (at least 65% of its assets) in mid and large capitalization companies (companies with market capitalizations in excess of $2 billion). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.89

Average Daily Volume

4,625

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BTAL	FFLS
30 Days	-4.57%	3.25%
60 Days	-3.16%	6.04%
90 Days	-3.70%	4.48%
12 Months	-6.81%	20.30%

21 Overlapping Holdings

Symbol	Grade	Weight in BTAL	Weight in FFLS	Overlap
AFRM	B	-0.84%	-0.72%	-0.84%
AMD	F	-0.4%	2.41%	-0.4%
CELH	F	-0.29%	0.96%	-0.29%
COIN	C	-0.71%	-3.76%	-3.76%
CRL	C	-0.41%	-1.08%	-1.08%
DASH	A	-0.59%	3.88%	-0.59%
DKNG	B	-0.53%	2.08%	-0.53%
EW	C	-0.44%	2.79%	-0.44%
FND	C	-0.4%	2.13%	-0.4%
GLW	B	0.47%	2.41%	0.47%
GTLS	B	-0.58%	2.24%	-0.58%
HRB	D	0.41%	-2.37%	-2.37%
LPLA	A	0.59%	4.05%	0.59%
MU	D	-0.43%	3.43%	-0.43%
NVDA	C	-0.48%	7.31%	-0.48%
ON	D	0.38%	-2.01%	-2.01%
PWR	A	-0.51%	-2.84%	-2.84%
RH	B	-0.53%	-1.38%	-1.38%
UBER	D	-0.42%	3.26%	-0.42%
URI	B	-0.52%	-3.13%	-3.13%
VRT	B	-0.67%	-2.13%	-2.13%

BTAL Overweight 371 Positions Relative to FFLS

Symbol	Grade	Weight
MSTR	C	1.19%
BILL	A	0.68%
IBKR	A	0.62%
SFM	A	0.6%
PAYC	B	0.59%
HQY	B	0.58%
UNM	A	0.57%
ALSN	B	0.56%
KMI	A	0.56%
CFLT	B	0.56%
SNA	A	0.55%
NWL	B	0.54%
BKR	B	0.53%
PCTY	B	0.53%
MKL	A	0.53%
WH	B	0.53%
BWXT	B	0.53%
TGNA	B	0.53%
TRV	B	0.52%
FFIV	B	0.52%
FTNT	C	0.52%
TXRH	C	0.51%
MSI	B	0.51%
RLI	B	0.51%
PCAR	B	0.51%
MCK	B	0.51%
THG	A	0.51%
LNG	B	0.51%
BMY	B	0.51%
WELL	A	0.5%
CHH	A	0.5%
XEL	A	0.5%
PNM	F	0.5%
ORLY	B	0.5%
T	A	0.5%
CSCO	B	0.49%
AEE	A	0.49%
CINF	A	0.49%
G	B	0.49%
TMUS	B	0.49%
PKG	A	0.49%
GILD	C	0.49%
ALL	A	0.48%
VFC	C	0.48%
SIGI	C	0.48%
FOXA	B	0.48%
RGA	A	0.48%
VTRS	A	0.48%
LULU	C	0.48%
AIZ	A	0.48%
AXS	A	0.48%
TDY	B	0.48%
BRO	B	0.47%
SBRA	C	0.47%
DBX	B	0.47%
CHD	B	0.47%
PAYX	C	0.47%
CME	A	0.47%
AON	A	0.47%
HON	B	0.47%
HEI	B	0.47%
KR	B	0.47%
CW	B	0.47%
RYAN	B	0.47%
EDR	A	0.46%
DRI	B	0.46%
WEN	D	0.46%
SLGN	A	0.46%
RNR	C	0.46%
LNT	A	0.46%
CF	B	0.46%
WEC	A	0.46%
ADP	B	0.46%
ORI	A	0.46%
UTHR	C	0.45%
WRB	A	0.45%
CB	C	0.45%
CSX	B	0.45%
CMG	B	0.45%
REG	B	0.45%
AVB	B	0.45%
ARMK	B	0.45%
PGR	A	0.45%
WM	A	0.45%
IBM	C	0.45%
HIG	B	0.45%
COR	B	0.45%
ADC	B	0.45%
DGX	A	0.45%
WTW	B	0.45%
HPQ	B	0.45%
L	A	0.45%
ROP	B	0.45%
PNW	B	0.45%
CHRW	C	0.45%
XOM	B	0.44%
JAZZ	B	0.44%
ACN	C	0.44%
DECK	A	0.44%
EQR	B	0.44%
CMS	C	0.44%
BWA	D	0.44%
CDP	C	0.44%
VZ	C	0.44%
NEU	C	0.44%
CBOE	B	0.43%
DOX	D	0.43%
VRSN	F	0.43%
UNH	C	0.43%
DLB	B	0.43%
CLH	B	0.43%
ZI	D	0.43%
CTSH	B	0.43%
YUM	B	0.43%
MSFT	F	0.43%
MUSA	A	0.43%
DD	D	0.43%
RTX	C	0.43%
X	C	0.43%
RSG	A	0.43%
OHI	C	0.43%
ELS	C	0.43%
TJX	A	0.43%
CCK	C	0.43%
DUK	C	0.43%
MSM	C	0.43%
COLM	B	0.43%
FLO	D	0.42%
AVT	C	0.42%
VICI	C	0.42%
JNJ	D	0.42%
MMC	B	0.42%
CACI	D	0.42%
CXT	B	0.42%
ED	D	0.42%
GLPI	C	0.42%
MCD	D	0.42%
EG	C	0.42%
J	F	0.41%
WPC	D	0.41%
SNX	C	0.41%
MKC	D	0.41%
OLLI	D	0.41%
GD	F	0.41%
PAG	B	0.41%
BG	F	0.4%
SAIC	F	0.4%
CI	F	0.4%
CHE	D	0.4%
MSA	D	0.4%
NOC	D	0.4%
TXT	D	0.4%
ASGN	F	0.39%
WTM	A	0.39%
AMCR	D	0.39%
O	D	0.39%
JNPR	F	0.39%
FANG	D	0.39%
KHC	F	0.38%
CPB	D	0.38%
ACGL	D	0.38%
GIS	D	0.38%
ERIE	D	0.38%
OXY	D	0.38%
MOS	F	0.38%
LMT	D	0.38%
FCN	D	0.38%
FMC	D	0.37%
MAN	D	0.37%
KBR	F	0.37%
ARW	D	0.37%
KO	D	0.37%
GPC	D	0.37%
TNET	D	0.37%
PFE	D	0.37%
DVN	F	0.37%
AMGN	D	0.37%
MUR	D	0.37%
ST	F	0.36%
ABBV	D	0.36%
MOH	F	0.36%
AKAM	D	0.36%
NEM	D	0.35%
MTCH	D	0.35%
FOXF	F	0.35%
HUM	C	0.34%
AZO	C	0.33%
ELV	F	0.33%
MDU	D	0.32%
CNC	D	0.32%
SRPT	D	0.32%
BMRN	D	0.29%
AGL	F	0.16%
SMCI	F	-0.18%
SEDG	F	-0.19%
RUN	F	-0.21%
MRNA	F	-0.22%
CNXC	F	-0.23%
ENPH	F	-0.23%
MPWR	F	-0.24%
CE	F	-0.24%
WOLF	F	-0.25%
TXG	F	-0.26%
NTLA	F	-0.27%
RKT	F	-0.29%
RIVN	F	-0.3%
OPEN	D	-0.3%
EL	F	-0.31%
TER	D	-0.33%
BRZE	C	-0.33%
COTY	F	-0.33%
AMKR	D	-0.34%
ELF	C	-0.35%
EFX	F	-0.35%
SHLS	F	-0.35%
ARWR	F	-0.35%
AES	F	-0.35%
LRCX	F	-0.36%
TFX	F	-0.36%
DKS	C	-0.37%
WMS	D	-0.37%
RGEN	D	-0.37%
ALLY	C	-0.37%
NVCR	C	-0.38%
RIG	D	-0.38%
CNM	D	-0.38%
DINO	D	-0.39%
PLD	D	-0.39%
IDXX	F	-0.39%
KSS	F	-0.39%
ELAN	D	-0.39%
PINS	D	-0.4%
WBA	F	-0.4%
ARE	D	-0.4%
MKSI	C	-0.4%
BLD	D	-0.4%
KMX	B	-0.4%
FBIN	D	-0.41%
ROIV	C	-0.41%
AGNC	D	-0.41%
W	F	-0.41%
POWI	D	-0.41%
DNLI	D	-0.42%
CHX	C	-0.42%
AWK	D	-0.42%
FCX	D	-0.42%
CZR	F	-0.42%
CWEN	C	-0.42%
CSGP	D	-0.42%
ILMN	D	-0.43%
CC	C	-0.43%
CRSP	D	-0.43%
MGM	D	-0.43%
ALGN	D	-0.43%
PATH	C	-0.43%
SSD	D	-0.43%
SEE	C	-0.44%
THO	B	-0.44%
BLDR	D	-0.44%
F	C	-0.44%
TRU	D	-0.44%
UGI	A	-0.44%
RYN	D	-0.44%
APG	B	-0.44%
BBWI	D	-0.44%
TGT	F	-0.44%
TREX	C	-0.45%
NWE	B	-0.45%
D	C	-0.45%
DAR	C	-0.45%
CARR	D	-0.45%
MTDR	B	-0.45%
RMD	C	-0.45%
AVGO	D	-0.45%
OC	A	-0.46%
SMG	D	-0.46%
VEEV	C	-0.46%
BXP	D	-0.46%
LAMR	D	-0.46%
ZS	C	-0.46%
KRC	C	-0.46%
JLL	D	-0.46%
ANET	C	-0.46%
PENN	C	-0.46%
TOL	B	-0.47%
ROKU	D	-0.47%
HHH	B	-0.47%
SHW	A	-0.47%
TROW	B	-0.48%
LNC	B	-0.48%
AXTA	A	-0.49%
OZK	B	-0.49%
USFD	A	-0.49%
PFGC	B	-0.49%
ITT	A	-0.49%
NRG	B	-0.49%
WAL	B	-0.49%
GH	B	-0.49%
SNAP	C	-0.49%
USB	A	-0.49%
CFG	B	-0.49%
NVT	B	-0.49%
RF	A	-0.5%
TTD	B	-0.5%
NET	B	-0.5%
CAR	C	-0.51%
RMBS	C	-0.51%
GNRC	B	-0.51%
TT	A	-0.51%
CBRE	B	-0.51%
RBLX	C	-0.51%
RRC	B	-0.51%
LPX	B	-0.52%
CEG	D	-0.52%
COHR	B	-0.52%
PEN	B	-0.52%
ETN	A	-0.52%
IOT	A	-0.52%
VNO	B	-0.52%
PYPL	B	-0.52%
ALB	C	-0.52%
DELL	C	-0.53%
ZION	B	-0.53%
MDB	C	-0.53%
AR	B	-0.53%
JHG	A	-0.53%
EXP	A	-0.53%
FYBR	D	-0.53%
INTC	D	-0.54%
SNV	B	-0.54%
BLK	C	-0.54%
FOUR	B	-0.54%
NTRS	A	-0.54%
XPO	B	-0.54%
CMA	A	-0.54%
CG	A	-0.55%
KKR	A	-0.55%
PNFP	B	-0.55%
WCC	B	-0.55%
AA	B	-0.56%
SCHW	B	-0.56%
DAY	B	-0.56%
Z	A	-0.56%
GME	C	-0.56%
EXPE	B	-0.56%
MRVL	B	-0.56%
TDOC	C	-0.56%
NTRA	B	-0.56%
BX	A	-0.57%
CRWD	B	-0.57%
OWL	A	-0.58%
TPG	A	-0.58%
EQT	B	-0.59%
PODD	C	-0.59%
SAIA	B	-0.59%
SQ	B	-0.6%
LYV	A	-0.62%
LITE	B	-0.62%
DUOL	A	-0.63%
CCL	B	-0.63%
LYFT	C	-0.65%
CVNA	B	-0.68%
DAL	C	-0.68%
PTON	B	-0.69%
TSLA	B	-0.7%
TOST	B	-0.71%
HOOD	B	-0.72%
AXON	A	-0.74%
VST	B	-0.76%
SOFI	A	-0.79%
PLTR	B	-0.87%

BTAL Underweight 28 Positions Relative to FFLS

Symbol	Grade	Weight
GOOGL	C	-6.34%
CRM	B	-4.74%
NFLX	A	-4.64%
FTI	A	-3.32%
ERJ	B	-3.29%
GTLB	B	-3.21%
LLY	F	-3.14%
PANW	C	-2.98%
ABNB	C	-2.88%
DDOG	A	-2.84%
VRTX	F	-1.95%
YETI	C	-1.85%
GPRE	F	-1.8%
BABA	D	-1.68%
JD	D	-1.53%
HALO	F	-1.15%
ONON	A	-1.06%
KTOS	B	-1.04%
GLOB	B	-0.88%
ACHC	F	--1.07%
ISRG	A	--1.58%
APH	A	--1.71%
MEDP	D	--1.78%
ROL	B	--1.83%
NXPI	D	--2.54%
FAST	B	--2.83%
PVH	C	--2.91%
FICO	B	--3.28%