PAVE vs. FFLS ETF Comparison

Comparison of Global X U.S. Infrastructure Development ETF (PAVE) to The Future Fund Long/Short ETF (FFLS)

PAVE

Global X U.S. Infrastructure Development ETF

PAVE Description

The Global X U.S. Infrastructure Development ETF (PAVE) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the INDXX U.S. Infrastructure Development Index.

Grade (RS Rating)

Last Trade

$40.99

Average Daily Volume

1,136,514

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

$22.87

Average Daily Volume

7,921

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PAVE	FFLS
30 Days	6.11%	1.06%
60 Days	4.46%	1.19%
90 Days	10.72%	-1.51%
12 Months	34.73%	17.65%

1 Overlapping Holdings

	Symbol	Grade	Weight in PAVE	Weight in FFLS	Overlap
	URI	B	3.45%	4.28%	3.45%

PAVE Overweight 97 Positions Relative to FFLS

Symbol	Grade	Weight
TT	B	3.79%
ETN	C	3.4%
PH	B	3.36%
PWR	B	3.17%
HWM	B	3.02%
SRE	B	2.89%
EMR	D	2.78%
MLM	D	2.76%
DE	A	2.66%
NSC	C	2.62%
FAST	C	2.58%
UNP	D	2.57%
VMC	C	2.54%
CSX	C	2.51%
ROK	D	2.22%
NUE	D	2.18%
FTV	C	2.05%
BLDR	C	1.88%
HUBB	B	1.71%
CSL	B	1.61%
EME	B	1.53%
STLD	C	1.46%
J	A	1.42%
WLK	C	1.41%
RS	D	1.24%
RPM	B	1.21%
IEX	C	1.2%
PNR	B	1.19%
TRMB	C	1.13%
GGG	C	1.09%
ACM	B	1.04%
BLD	C	1.0%
TTEK	C	0.94%
WMS	D	0.91%
RRX	C	0.87%
LECO	D	0.81%
EXP	B	0.77%
TPC	C	0.77%
WWD	C	0.76%
MTZ	C	0.74%
RBC	B	0.66%
CR	B	0.66%
WCC	C	0.66%
X	F	0.64%
MLI	B	0.63%
AYI	B	0.63%
POWL	B	0.62%
ATI	C	0.62%
CRS	C	0.58%
LPX	B	0.57%
AGX	B	0.54%
USLM	B	0.52%
STRL	C	0.51%
BMI	B	0.49%
CMC	D	0.48%
AA	C	0.47%
CLF	F	0.46%
ROAD	C	0.46%
PRIM	B	0.46%
VMI	C	0.45%
ZWS	B	0.45%
GVA	B	0.44%
EXPO	B	0.43%
DY	C	0.43%
DXPE	C	0.42%
CSWI	B	0.42%
MDU	B	0.41%
KNF	C	0.39%
NWPX	B	0.39%
MWA	B	0.38%
SUM	D	0.36%
ACA	B	0.35%
TRN	C	0.34%
CENX	C	0.33%
DNOW	F	0.33%
HRI	C	0.33%
MRC	D	0.31%
GRC	D	0.29%
HAYN	D	0.28%
MTX	D	0.28%
GBX	D	0.28%
TEX	F	0.27%
CACC	F	0.26%
ATKR	F	0.25%
HEES	D	0.24%
IIIN	F	0.24%
ROCK	D	0.23%
MTRN	D	0.23%
ASTE	F	0.23%
CALX	C	0.22%
CMCO	D	0.22%
MTUS	F	0.2%
WNC	F	0.2%
MYRG	F	0.19%
CTOS	F	0.15%
RYI	F	0.15%
TITN	F	0.13%

PAVE Underweight 9 Positions Relative to FFLS

Symbol	Grade	Weight
GOOGL	D	-7.57%
LLY	D	-6.56%
NVDA	C	-6.43%
NFLX	B	-3.97%
CIEN	B	-3.72%
UBER	C	-3.55%
MU	D	-3.5%
CRM	C	-3.46%
DASH	B	-3.41%