FFLS vs. PSL ETF Comparison

Comparison of The Future Fund Long/Short ETF (FFLS) to PowerShares Dynamic Consumer Staples (PSL)

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

PSL

PowerShares Dynamic Consumer Staples

PSL Description

The PowerShares Dynamic Consumer Staples Sector Portfolio (Fund) is based on the Dynamic Consumer Staples Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 60 US consumer staples companies. These are companies that are principally engaged in the businesses of providing consumer goods and services that have non-cyclical characteristics, including tobacco, textiles, food and beverage, and non-discretionary retail. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$107.56

Average Daily Volume

2,465

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FFLS	PSL
30 Days	1.99%	6.20%
60 Days	6.37%	5.94%
90 Days	4.48%	7.10%
12 Months	20.30%	27.80%

1 Overlapping Holdings

	Symbol	Grade	Weight in FFLS	Weight in PSL	Overlap
	HRB	D	-2.37%	2.74%	-2.37%

FFLS Overweight 48 Positions Relative to PSL

Symbol	Grade	Weight
NVDA	B	7.31%
GOOGL	C	6.34%
CRM	B	4.74%
NFLX	A	4.64%
LPLA	A	4.05%
DASH	B	3.88%
MU	D	3.43%
FTI	A	3.32%
ERJ	A	3.29%
UBER	F	3.26%
GTLB	B	3.21%
LLY	F	3.14%
PANW	B	2.98%
ABNB	C	2.88%
DDOG	A	2.84%
EW	C	2.79%
AMD	F	2.41%
GLW	B	2.41%
GTLS	A	2.24%
FND	D	2.13%
DKNG	B	2.08%
VRTX	D	1.95%
YETI	D	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%
CELH	F	0.96%
GLOB	B	0.88%
AFRM	A	-0.72%
ACHC	F	-1.07%
CRL	D	-1.08%
RH	C	-1.38%
ISRG	A	-1.58%
APH	A	-1.71%
MEDP	D	-1.78%
ROL	B	-1.83%
ON	D	-2.01%
VRT	B	-2.13%
NXPI	D	-2.54%
FAST	B	-2.83%
PWR	A	-2.84%
PVH	C	-2.91%
URI	C	-3.13%
FICO	B	-3.28%
COIN	C	-3.76%

FFLS Underweight 41 Positions Relative to PSL

Symbol	Grade	Weight
SFM	A	-4.04%
CHD	A	-3.56%
MO	A	-3.56%
CASY	A	-3.32%
SCI	B	-3.27%
COST	A	-3.23%
FRPT	A	-3.19%
MNST	C	-3.14%
PG	C	-2.98%
KR	B	-2.97%
USFD	A	-2.92%
BRBR	A	-2.84%
ATGE	B	-2.79%
LRN	A	-2.68%
PM	B	-2.68%
KDP	F	-2.63%
CALM	A	-2.61%
BJ	A	-2.59%
PEP	F	-2.34%
COKE	C	-2.34%
PFGC	B	-2.13%
TAP	C	-2.08%
LAUR	A	-2.07%
INGR	C	-2.0%
UNFI	A	-1.98%
SYY	D	-1.97%
SPB	C	-1.96%
MDLZ	F	-1.95%
LOPE	C	-1.83%
HSY	F	-1.8%
PRDO	B	-1.78%
STZ	D	-1.76%
POST	C	-1.76%
WDFC	B	-1.69%
VITL	D	-1.68%
IPAR	B	-1.61%
BFAM	D	-1.61%
STRA	C	-1.49%
CHEF	A	-1.48%
HAIN	D	-1.41%
KLG	B	-1.35%