KMID vs. FFLS ETF Comparison

Comparison of Virtus KAR Mid-Cap ETF (KMID) to The Future Fund Long/Short ETF (FFLS)

KMID

Virtus KAR Mid-Cap ETF

KMID Description

The fund advisor pursues long-term capital appreciation in the medium capitalization sector while seeking less market risk than the Russell Midcap® Index. The fund advisor invests in medium market capitalization companies believed by Kayne Anderson Rudnick Investment Management, LLC, the fund"s sub-adviser, to be undervalued relative to their future growth potential. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.83

Average Daily Volume

12,545

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

4,625

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KMID	FFLS
30 Days	4.99%	3.25%
60 Days		6.04%
90 Days		4.48%
12 Months		20.30%

3 Overlapping Holdings

Symbol	Grade	Weight in KMID	Weight in FFLS	Overlap
FICO	B	3.28%	-3.28%	-3.28%
LPLA	A	3.1%	4.05%	3.1%
ROL	B	3.42%	-1.83%	-1.83%

KMID Overweight 22 Positions Relative to FFLS

Symbol	Grade	Weight
AME	A	6.31%
TDY	B	4.11%
HEI	B	4.06%
EFX	F	3.98%
LII	A	3.97%
WST	C	3.92%
POOL	C	3.92%
ROST	C	3.88%
ODFL	B	3.82%
DPZ	C	3.82%
PNR	A	3.68%
VRSK	A	3.63%
WAB	B	3.57%
BRO	B	3.55%
NDSN	B	3.5%
BSY	D	3.25%
MSCI	C	2.94%
ALGN	D	2.92%
BR	A	2.92%
FDS	B	2.64%
WRB	A	2.47%
MPWR	F	2.35%

KMID Underweight 46 Positions Relative to FFLS

Symbol	Grade	Weight
NVDA	C	-7.31%
GOOGL	C	-6.34%
CRM	B	-4.74%
NFLX	A	-4.64%
DASH	A	-3.88%
MU	D	-3.43%
FTI	A	-3.32%
ERJ	B	-3.29%
UBER	D	-3.26%
GTLB	B	-3.21%
LLY	F	-3.14%
PANW	C	-2.98%
ABNB	C	-2.88%
DDOG	A	-2.84%
EW	C	-2.79%
AMD	F	-2.41%
GLW	B	-2.41%
GTLS	B	-2.24%
FND	C	-2.13%
DKNG	B	-2.08%
VRTX	F	-1.95%
YETI	C	-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	B	--0.72%
ACHC	F	--1.07%
CRL	C	--1.08%
RH	B	--1.38%
ISRG	A	--1.58%
APH	A	--1.71%
MEDP	D	--1.78%
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	B	--3.13%
COIN	C	--3.76%