IAI vs. FFND ETF Comparison

Comparison of iShares U.S. Broker-Dealers ETF (IAI) to The Future Fund Active ETF (FFND)

IAI

iShares U.S. Broker-Dealers ETF

IAI Description

The investment seeks to track the investment results of an index composed of U.S. equities in the investment services sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the index. It seeks to track the investment results of the Dow Jones U.S. Select Investment Services Index (the "underlying index"), which measures the performance of the investment services sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$113.16

Average Daily Volume

162,179

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

$22.03

Average Daily Volume

2,608

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IAI	FFND
30 Days	-0.72%	-2.86%
60 Days	2.73%	-1.81%
90 Days	6.18%	8.53%
12 Months	32.37%	34.99%

2 Overlapping Holdings

	Symbol	Grade	Weight in IAI	Weight in FFND	Overlap
	LPLA	A	3.3%	2.74%	2.74%
	SCHW	A	7.54%	2.5%	2.5%

IAI Overweight 30 Positions Relative to FFND

Symbol	Grade	Weight
GS	A	14.23%
SPGI	C	13.66%
MS	A	11.64%
CME	D	4.3%
MCO	C	4.29%
ICE	D	4.16%
COIN	C	3.85%
MSCI	F	3.82%
RJF	A	3.76%
NDAQ	B	3.73%
FDS	F	2.61%
IBKR	A	2.03%
TW	B	1.94%
HOOD	B	1.41%
SF	A	1.35%
MKTX	D	1.26%
MORN	D	1.22%
JEF	A	1.21%
HLI	A	1.1%
EVR	D	1.04%
LAZ	C	0.73%
PIPR	A	0.51%
VIRT	A	0.34%
SNEX	A	0.34%
PJT	B	0.34%
DFIN	B	0.27%
MC	C	0.23%
BGC	A	0.21%
RILY	B	0.11%
LPRO	F	0.1%

IAI Underweight 32 Positions Relative to FFND

Symbol	Grade	Weight
GOOGL	A	-10.12%
NVDA	C	-5.43%
LLY	C	-4.67%
CMG	A	-3.99%
GTLS	F	-3.96%
ABNB	D	-3.92%
UBER	D	-3.5%
HALO	C	-3.5%
CRM	D	-3.37%
GPRE	F	-3.11%
NFLX	C	-3.05%
KTOS	A	-2.95%
CELH	C	-2.91%
LULU	F	-2.82%
TSLA	D	-2.79%
DASH	D	-2.47%
ONON	C	-2.24%
FTI	A	-2.16%
GTLB	D	-2.14%
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	A	-1.47%
CIEN	C	-1.45%
BIDU	C	-1.39%
RIVN	F	-1.29%
PWR	A	-1.16%
EXAS	F	-1.06%
YNDX	C	-0.62%