FFLS vs. FTLS ETF Comparison

Comparison of The Future Fund Long/Short ETF (FFLS) to First Trust Long/Short Equity (FTLS)

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

4,616

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FTLS

First Trust Long/Short Equity

FTLS Description

The investment seeks to provide investors with long-term total return. Under normal circumstances, at least 80% of the fund's assets (plus the amount of any borrowing for investment purposes) will be exposed to U.S. exchange-listed equity securities of U.S. and foreign companies by investing in such securities directly and/or in U.S. exchange-traded funds ("ETFs") that provide exposure to such securities. It may invest up to 20% of its net assets (plus the amount of any borrowing for investment purposes) in U.S. exchange-listed equity index futures contracts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$65.59

Average Daily Volume

128,344

Number of Holdings ^*

384

* may have additional holdings in another (foreign) market

Performance

Period	FFLS	FTLS
30 Days	1.99%	1.17%
60 Days	6.37%	4.53%
90 Days	4.48%	3.65%
12 Months	20.30%	20.51%

17 Overlapping Holdings

Symbol	Grade	Weight in FFLS	Weight in FTLS	Overlap
AMD	F	2.41%	-0.03%	-0.03%
BABA	D	1.68%	-0.28%	-0.28%
ERJ	A	3.29%	-0.04%	-0.04%
FAST	B	-2.83%	-0.03%	-2.83%
GOOGL	C	6.34%	1.4%	1.4%
GPRE	F	1.8%	-0.02%	-0.02%
HRB	D	-2.37%	0.19%	-2.37%
ISRG	A	-1.58%	-0.32%	-1.58%
KTOS	B	1.04%	-0.07%	-0.07%
LLY	F	3.14%	0.84%	0.84%
MU	D	3.43%	-0.16%	-0.16%
NFLX	A	4.64%	-0.15%	-0.15%
NVDA	B	7.31%	4.84%	4.84%
NXPI	D	-2.54%	-0.08%	-2.54%
PANW	B	2.98%	-0.25%	-0.25%
RH	C	-1.38%	-0.04%	-1.38%
URI	C	-3.13%	-0.2%	-3.13%

FFLS Overweight 32 Positions Relative to FTLS

Symbol	Grade	Weight
CRM	B	4.74%
LPLA	A	4.05%
DASH	B	3.88%
FTI	A	3.32%
UBER	F	3.26%
GTLB	B	3.21%
ABNB	C	2.88%
DDOG	A	2.84%
EW	C	2.79%
GLW	B	2.41%
GTLS	A	2.24%
FND	D	2.13%
DKNG	B	2.08%
VRTX	D	1.95%
YETI	D	1.85%
JD	D	1.53%
HALO	F	1.15%
ONON	A	1.06%
CELH	F	0.96%
GLOB	B	0.88%
AFRM	A	-0.72%
ACHC	F	-1.07%
CRL	D	-1.08%
APH	A	-1.71%
MEDP	D	-1.78%
ROL	B	-1.83%
ON	D	-2.01%
VRT	B	-2.13%
PWR	A	-2.84%
PVH	C	-2.91%
FICO	B	-3.28%
COIN	C	-3.76%

FFLS Underweight 367 Positions Relative to FTLS

Symbol	Grade	Weight
AAPL	C	-7.44%
MSFT	D	-4.45%
AMZN	C	-2.74%
TMUS	B	-2.32%
SCHW	B	-2.26%
C	A	-2.18%
LOW	C	-2.16%
ACN	B	-2.11%
PM	B	-1.92%
QCOM	F	-1.88%
JNJ	C	-1.85%
META	D	-1.77%
FDX	B	-1.69%
PH	A	-1.64%
CME	B	-1.57%
MO	A	-1.51%
VLO	C	-1.43%
MPC	D	-1.37%
USB	A	-1.35%
KMI	A	-1.23%
LNG	A	-1.19%
CL	D	-1.17%
GOOG	C	-1.17%
BRK.A	B	-1.13%
ILMN	C	-1.13%
CTAS	B	-1.09%
AVGO	D	-1.06%
TRV	B	-1.05%
TFC	A	-1.02%
FIS	C	-1.0%
HPQ	B	-1.0%
HWM	A	-0.97%
JPM	A	-0.93%
ALL	A	-0.88%
SYY	D	-0.83%
FANG	C	-0.83%
SYF	B	-0.79%
NTAP	C	-0.75%
PBR	D	-0.73%
JBL	C	-0.73%
TWLO	A	-0.72%
AFL	B	-0.7%
RL	C	-0.67%
EAT	A	-0.65%
TOL	B	-0.65%
CSL	C	-0.6%
PNR	A	-0.56%
CF	A	-0.55%
NVR	D	-0.55%
INSM	C	-0.54%
VLTO	C	-0.49%
BJ	A	-0.47%
MAS	D	-0.46%
GEN	B	-0.45%
VRSN	C	-0.45%
OKTA	C	-0.45%
CROX	D	-0.44%
ZIM	C	-0.44%
FLEX	B	-0.44%
NTRS	A	-0.42%
GL	C	-0.41%
NVS	F	-0.41%
FFIV	B	-0.4%
VICI	C	-0.4%
PENN	C	-0.4%
SWK	D	-0.4%
CAG	F	-0.38%
DBX	B	-0.36%
EXP	B	-0.35%
CRS	B	-0.34%
SNA	A	-0.33%
TKO	A	-0.32%
WRB	A	-0.32%
JAZZ	B	-0.31%
LPX	B	-0.31%
TTC	C	-0.31%
AYI	B	-0.29%
CCK	D	-0.29%
ALLY	C	-0.29%
PI	D	-0.27%
ASO	F	-0.27%
SPYV	A	-0.26%
SCHV	A	-0.26%
IWD	A	-0.26%
EWBC	A	-0.25%
CNK	C	-0.24%
RPRX	D	-0.23%
KNSL	B	-0.22%
AIZ	A	-0.22%
SAM	C	-0.21%
WHD	B	-0.21%
ALSN	B	-0.2%
MGY	A	-0.2%
MSM	C	-0.2%
COLB	B	-0.19%
UHS	D	-0.19%
EXEL	B	-0.19%
THO	B	-0.18%
PNFP	B	-0.17%
ALKS	C	-0.17%
GLBE	B	-0.17%
ADMA	B	-0.17%
CALM	A	-0.16%
UMBF	B	-0.16%
STNG	F	-0.16%
TWST	F	-0.16%
SFM	A	-0.16%
ORI	A	-0.15%
MATX	C	-0.15%
PRI	B	-0.15%
CRC	A	-0.15%
SKYW	C	-0.15%
GM	C	-0.14%
AXS	A	-0.14%
CSWI	B	-0.13%
PAA	B	-0.13%
GMS	B	-0.13%
CBSH	B	-0.13%
CBT	D	-0.13%
LEG	F	-0.13%
LOGI	D	-0.13%
GFF	A	-0.13%
BFH	C	-0.13%
SIGI	C	-0.13%
FTDR	B	-0.12%
SMPL	B	-0.12%
ZWS	B	-0.12%
VRNA	B	-0.12%
MTG	C	-0.12%
TCBI	C	-0.11%
AM	A	-0.11%
ENLC	A	-0.11%
HESM	B	-0.11%
OPCH	D	-0.11%
PPC	C	-0.11%
BFAM	D	-0.11%
WGO	C	-0.11%
KRG	B	-0.11%
TBBK	B	-0.1%
LOPE	C	-0.1%
THG	A	-0.1%
MMS	F	-0.1%
ABM	B	-0.1%
NSA	C	-0.1%
ESNT	F	-0.09%
KFY	B	-0.09%
PRGS	A	-0.09%
DBRG	F	-0.09%
CARG	B	-0.09%
VCYT	B	-0.09%
CUBI	B	-0.09%
LCII	C	-0.09%
YOU	D	-0.09%
GRBK	D	-0.09%
EXTR	C	-0.09%
GBCI	B	-0.09%
LANC	C	-0.08%
UBSI	B	-0.08%
RDFN	D	-0.08%
TXG	F	-0.08%
EPR	C	-0.08%
KMPR	A	-0.08%
BOH	B	-0.08%
FOLD	F	-0.08%
RLI	A	-0.08%
PAYO	A	-0.08%
NMIH	C	-0.07%
EBC	B	-0.07%
BCRX	D	-0.07%
FHB	B	-0.07%
PBH	A	-0.07%
PLXS	B	-0.07%
WMB	A	-0.07%
REVG	C	-0.07%
AVNT	B	-0.07%
HAYW	B	-0.07%
AZZ	A	-0.07%
ICFI	F	-0.06%
ADUS	D	-0.06%
WFG	C	-0.06%
BRC	D	-0.06%
OTEX	F	-0.06%
PLMR	A	-0.06%
AUB	B	-0.06%
ROIC	A	-0.06%
SUPN	C	-0.06%
MQ	D	-0.06%
COLL	F	-0.05%
TRMD	F	-0.05%
GSL	F	-0.05%
AMPH	F	-0.05%
CDNA	D	-0.04%
MYGN	F	-0.04%
VSAT	F	--0.01%
VIST	B	--0.02%
CBU	B	--0.02%
AMRK	F	--0.02%
RXST	F	--0.02%
DNB	B	--0.02%
COTY	F	--0.02%
HLN	C	--0.02%
KD	B	--0.02%
RIVN	F	--0.02%
SAIA	B	--0.02%
FRO	D	--0.02%
HON	C	--0.02%
LKFN	C	--0.02%
COHR	B	--0.02%
UWMC	D	--0.02%
WOLF	F	--0.02%
AER	A	--0.02%
IBOC	B	--0.02%
NVEE	F	--0.02%
EA	A	--0.02%
CVX	A	--0.02%
RUN	F	--0.02%
ENS	F	--0.02%
ARM	F	--0.02%
FSLR	F	--0.02%
ASPN	F	--0.02%
OSK	C	--0.03%
BE	B	--0.03%
UTZ	D	--0.03%
HHH	B	--0.03%
PRCT	B	--0.03%
WMT	A	--0.03%
PAR	A	--0.03%
ICHR	C	--0.03%
CNNE	B	--0.03%
GE	D	--0.03%
GKOS	B	--0.03%
BVN	D	--0.03%
BURL	B	--0.03%
SDGR	C	--0.03%
NEOG	F	--0.03%
OSIS	A	--0.03%
NWSA	A	--0.03%
RDY	F	--0.03%
CLH	C	--0.03%
PSMT	D	--0.03%
ARLO	C	--0.03%
AMRC	F	--0.03%
AZTA	D	--0.03%
TMO	F	--0.03%
DIOD	D	--0.03%
SLGN	A	--0.03%
BIRK	D	--0.03%
STZ	D	--0.04%
CTRA	B	--0.04%
GATX	A	--0.04%
ATEC	C	--0.04%
CFLT	B	--0.04%
EQT	B	--0.04%
AMAT	F	--0.04%
APO	B	--0.04%
FFIN	B	--0.04%
TFIN	B	--0.04%
MARA	B	--0.04%
IRTC	C	--0.04%
CRDO	B	--0.04%
APPN	B	--0.04%
ENR	B	--0.04%
RCL	A	--0.04%
ALB	B	--0.04%
LMND	B	--0.05%
SOFI	B	--0.05%
AEO	F	--0.05%
ACVA	B	--0.05%
ACIW	B	--0.05%
VRRM	F	--0.05%
UPST	B	--0.05%
LYFT	C	--0.05%
DLB	B	--0.06%
CDW	F	--0.06%
COP	C	--0.06%
TTD	B	--0.06%
ZD	B	--0.06%
WST	C	--0.06%
MSA	F	--0.06%
VAL	F	--0.06%
VNT	C	--0.07%
MMYT	B	--0.07%
BA	F	--0.07%
MUFG	B	--0.07%
SSB	B	--0.07%
SE	A	--0.07%
AVY	F	--0.07%
IDCC	B	--0.07%
AVAV	C	--0.07%
HCA	F	--0.07%
MAT	D	--0.08%
CCOI	B	--0.08%
NSIT	F	--0.08%
R	B	--0.09%
TRMB	B	--0.09%
DY	D	--0.09%
STM	F	--0.1%
GPC	D	--0.1%
VVV	D	--0.1%
ING	F	--0.1%
HII	F	--0.11%
ARGX	B	--0.11%
HAE	C	--0.11%
KEYS	A	--0.12%
SLB	C	--0.12%
HQY	A	--0.13%
BKR	A	--0.13%
STE	D	--0.13%
ABT	B	--0.14%
PKG	A	--0.15%
TM	F	--0.15%
ASX	D	--0.15%
INTC	C	--0.15%
IPG	D	--0.16%
INFY	C	--0.16%
GSK	F	--0.16%
VMC	B	--0.16%
SYK	B	--0.17%
EFX	F	--0.19%
GWRE	A	--0.2%
BWXT	B	--0.2%
FMX	F	--0.2%
HSBC	A	--0.21%
PCAR	B	--0.22%
DEO	F	--0.22%
CCEP	C	--0.23%
KR	B	--0.25%
TYL	B	--0.25%
GEHC	D	--0.26%
PG	C	--0.26%
SAP	B	--0.27%
OMC	C	--0.27%
NSC	B	--0.27%
SNPS	B	--0.29%
MMM	D	--0.3%
WAT	C	--0.3%
UL	D	--0.3%
LMT	D	--0.32%
TSLA	B	--0.32%
MDLZ	F	--0.33%
TTWO	A	--0.33%
NOW	A	--0.35%
CMI	A	--0.36%
ZBH	C	--0.36%
TXN	C	--0.36%
BK	A	--0.37%
HDB	C	--0.38%
UNH	B	--0.4%
MCD	D	--0.41%
ASML	F	--0.41%
ORCL	A	--0.41%
MSI	B	--0.43%
XOM	B	--0.45%
MLM	C	--0.46%
WM	B	--0.47%
DE	B	--0.48%
PNC	B	--0.51%
GD	D	--0.52%
VRSK	A	--0.55%
PAYX	B	--0.57%
PEP	F	--0.57%
ETN	A	--0.58%
LIN	C	--0.59%
CMCSA	B	--0.65%
CDNS	B	--0.69%
APD	A	--0.7%
DIS	B	--0.73%