FPX vs. FFND ETF Comparison

Comparison of First Trust IPOX-100 Index Fund (FPX) to The Future Fund Active ETF (FFND)

FPX

First Trust IPOX-100 Index Fund

FPX Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the IPOX(R)-100 U.S. Index. The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified, value-weighted price index measuring the performance of the top U.S. companies ranked quarterly by market capitalization in the IPOX(R) Global Composite Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$102.68

Average Daily Volume

17,972

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FFND

The Future Fund Active ETF

FFND Description

Northern Lights Fund Trust II - The Future Fund Active ETF is an exchange traded fund launched by Northern Lights Fund Trust II. The fund is managed by The Future Fund, LLC. It invests in public equity markets of the United States. The fund invests directly, through derivatives and through other funds in stocks of companies operating across diversified sectors. It employs long/short strategy and uses derivatives such as futures and options to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. It employs proprietary research to create its portfolio. Northern Lights Fund Trust II - The Future Fund Active ETF was formed on August 24, 2021 and is domiciled in the United States. The investment seeks to provide capital appreciation. Under normal market conditions, the fund, which is an actively managed ETF, will primarily invest in the equity securities of companies that the adviser believes to be best positioned to take advantage of or profit from emerging technological or social trends or developments.

Grade (RS Rating)

Last Trade

$22.62

Average Daily Volume

2,550

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FPX	FFND
30 Days	0.23%	0.04%
60 Days	-0.68%	1.54%
90 Days	6.84%	7.85%
12 Months	26.62%	36.18%

5 Overlapping Holdings

Symbol	Grade	Weight in FPX	Weight in FFND	Overlap
ABNB	D	7.06%	3.92%	3.92%
DASH	D	3.68%	2.47%	2.47%
GTLB	F	0.52%	2.14%	0.52%
RIVN	F	0.28%	1.29%	0.28%
UBER	D	4.37%	3.5%	3.5%

FPX Overweight 82 Positions Relative to FFND

Symbol	Grade	Weight
IOT	B	8.28%
CARR	A	5.98%
REGN	C	5.36%
CEG	B	4.12%
OTIS	D	3.16%
VRT	B	2.62%
SQ	D	2.56%
DUOL	A	2.37%
CNM	A	2.28%
GEHC	D	2.21%
SNOW	F	1.6%
DKNG	D	1.58%
ON	F	1.57%
COIN	D	1.42%
KVUE	D	1.4%
TPG	C	1.24%
PLTR	D	1.22%
CRWD	D	1.11%
HQY	D	1.06%
CRBG	A	1.03%
APP	B	0.96%
ESAB	B	0.95%
NET	F	0.92%
VNT	D	0.87%
OWL	C	0.83%
AZEK	D	0.83%
RKT	B	0.76%
RBLX	C	0.72%
VLTO	A	0.72%
BLDR	D	0.7%
BRBR	C	0.68%
HOOD	C	0.68%
BRZE	F	0.63%
PR	B	0.59%
EDR	A	0.57%
DTM	A	0.56%
VERX	C	0.56%
PCVX	C	0.54%
NSIT	A	0.53%
RYAN	D	0.53%
BSY	A	0.52%
JXN	A	0.5%
NRG	B	0.48%
PSN	D	0.45%
FNF	B	0.43%
KD	D	0.43%
PECO	D	0.42%
INFA	D	0.42%
KNF	B	0.41%
TOST	C	0.39%
PCOR	D	0.38%
RDDT	C	0.35%
CHK	B	0.35%
BRKR	D	0.34%
PATH	F	0.34%
FOUR	F	0.31%
ACT	A	0.3%
LEGN	F	0.25%
AMK	D	0.24%
MKSI	D	0.24%
AFRM	C	0.23%
CIVI	B	0.22%
S	D	0.2%
ATKR	D	0.2%
CRDO	F	0.18%
ACLX	D	0.17%
COOP	A	0.16%
SQSP	B	0.15%
GKOS	B	0.15%
BBIO	F	0.15%
NUVL	D	0.14%
IMVT	F	0.13%
ASO	D	0.13%
PRCT	B	0.1%
ACVA	D	0.09%
APLS	F	0.09%
HAYW	C	0.09%
KYMR	C	0.07%
RXO	C	0.07%
SGBX	D	0.07%
JBI	D	0.06%
KROS	D	0.06%

FPX Underweight 29 Positions Relative to FFND

Symbol	Grade	Weight
GOOGL	A	-10.12%
NVDA	C	-5.43%
LLY	C	-4.67%
CMG	A	-3.99%
GTLS	B	-3.96%
HALO	C	-3.5%
CRM	D	-3.37%
GPRE	F	-3.11%
NFLX	C	-3.05%
KTOS	B	-2.95%
CELH	D	-2.91%
LULU	F	-2.82%
TSLA	D	-2.79%
LPLA	B	-2.74%
SCHW	A	-2.5%
ONON	C	-2.24%
FTI	A	-2.16%
ZTS	D	-2.13%
VRTX	C	-1.96%
WOLF	F	-1.96%
EW	D	-1.87%
ASML	D	-1.67%
PANW	B	-1.67%
MU	B	-1.47%
CIEN	D	-1.45%
BIDU	C	-1.39%
PWR	A	-1.16%
EXAS	F	-1.06%
YNDX	C	-0.62%