FFLS vs. VOX ETF Comparison

Comparison of The Future Fund Long/Short ETF (FFLS) to Vanguard Telecom ETF - DNQ (VOX)

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

VOX

Vanguard Telecom ETF - DNQ

VOX Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Telecommunication Services 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the telecommunication services sector, as classified under the Global Industry Classification Standard. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$152.93

Average Daily Volume

91,259

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	FFLS	VOX
30 Days	1.99%	4.57%
60 Days	6.37%	7.42%
90 Days	4.48%	9.87%
12 Months	20.30%	35.65%

2 Overlapping Holdings

	Symbol	Grade	Weight in FFLS	Weight in VOX	Overlap
	GOOGL	C	6.34%	12.11%	6.34%
	NFLX	A	4.64%	4.55%	4.55%

FFLS Overweight 47 Positions Relative to VOX

Symbol	Grade	Weight
NVDA	B	7.31%
CRM	B	4.74%
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%
HRB	D	-2.37%
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 99 Positions Relative to VOX

Symbol	Grade	Weight
META	D	-22.63%
GOOG	C	-9.37%
VZ	C	-4.28%
CMCSA	B	-4.23%
T	A	-4.11%
DIS	B	-3.83%
TMUS	B	-3.2%
TTD	B	-1.9%
EA	A	-1.53%
RBLX	C	-1.52%
CHTR	C	-1.39%
TTWO	A	-1.22%
LYV	A	-1.12%
OMC	C	-1.09%
WBD	B	-1.05%
PINS	F	-0.91%
SNAP	D	-0.88%
IPG	D	-0.83%
NWSA	A	-0.83%
FOXA	A	-0.81%
LBRDK	C	-0.79%
MTCH	D	-0.76%
TKO	A	-0.7%
NYT	D	-0.7%
ROKU	D	-0.66%
FYBR	C	-0.54%
LUMN	C	-0.52%
SIRI	C	-0.48%
NXST	C	-0.46%
FOX	A	-0.45%
EDR	A	-0.43%
PARA	C	-0.38%
WMG	D	-0.33%
CCOI	B	-0.29%
IAC	F	-0.29%
MSGS	A	-0.28%
IRDM	D	-0.26%
SATS	D	-0.26%
CNK	C	-0.26%
TDS	B	-0.25%
NWS	A	-0.25%
ZI	D	-0.24%
RDDT	A	-0.24%
TGNA	B	-0.23%
CARG	B	-0.22%
WLY	B	-0.18%
ZD	B	-0.18%
YELP	C	-0.18%
TRIP	F	-0.14%
CABO	B	-0.13%
MGNI	B	-0.13%
AMC	C	-0.11%
LILAK	D	-0.1%
MSGE	F	-0.09%
IMAX	B	-0.09%
QNST	B	-0.09%
USM	B	-0.08%
LBRDA	C	-0.08%
CARS	C	-0.08%
IDT	B	-0.07%
GSAT	C	-0.07%
SSTK	F	-0.07%
IAS	C	-0.07%
LGF.A	C	-0.07%
BMBL	C	-0.06%
VMEO	B	-0.06%
TTGT	B	-0.06%
THRY	D	-0.05%
MAX	F	-0.05%
STGW	A	-0.05%
PUBM	C	-0.05%
SCHL	F	-0.05%
ZIP	D	-0.05%
SHEN	F	-0.05%
GCI	D	-0.05%
LGF.A	C	-0.04%
MCS	B	-0.04%
BAND	B	-0.04%
GTN	F	-0.04%
ATUS	B	-0.04%
FUBO	D	-0.04%
ADV	D	-0.03%
LILA	D	-0.03%
CNSL	C	-0.03%
CCO	C	-0.03%
ATEX	F	-0.03%
BOC	C	-0.03%
GOGO	C	-0.03%
EVER	D	-0.03%
SSP	F	-0.02%
IHRT	B	-0.02%
ATNI	F	-0.02%
WOW	C	-0.02%
EB	C	-0.02%
AMCX	C	-0.02%
SKLZ	D	-0.01%
MYPS	C	-0.01%
ANGI	F	-0.01%
CDLX	D	-0.01%