PPA vs. FFND ETF Comparison

Comparison of PowerShares Aerospace & Defense (PPA) to The Future Fund Active ETF (FFND)

PPA

PowerShares Aerospace & Defense

PPA Description

The PowerShares Aerospace & Defense Portfolio (Fund) is based on the SPADEâ¢ Defense Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$102.93

Average Daily Volume

146,432

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

$22.30

Average Daily Volume

2,613

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PPA	FFND
30 Days	2.69%	-1.76%
60 Days	4.07%	-0.29%
90 Days	11.54%	9.84%
12 Months	32.34%	37.95%

1 Overlapping Holdings

	Symbol	Grade	Weight in PPA	Weight in FFND	Overlap
	KTOS	B	0.55%	2.95%	0.55%

PPA Overweight 46 Positions Relative to FFND

Symbol	Grade	Weight
RTX	B	6.9%
LMT	B	6.78%
GE	A	6.04%
BA	D	5.9%
NOC	B	5.61%
GD	A	4.91%
LHX	A	4.58%
HON	C	4.31%
TDG	A	4.05%
ETN	A	3.84%
PH	C	3.6%
HWM	A	3.57%
AXON	A	3.35%
BAH	B	2.48%
TXT	D	2.4%
LDOS	A	2.19%
APH	A	2.15%
HII	D	2.06%
HEI	A	1.85%
BWXT	D	1.41%
CACI	A	1.35%
KBR	A	1.34%
CW	A	1.31%
WWD	A	1.08%
TDY	D	1.0%
SAIC	D	1.0%
HXL	D	0.97%
ATI	B	0.95%
J	B	0.88%
AVAV	B	0.88%
PLTR	D	0.85%
SPR	D	0.74%
MOG.A	A	0.65%
PSN	D	0.64%
KEYS	D	0.6%
AIR	B	0.48%
OSK	D	0.45%
MRCY	D	0.34%
VSAT	F	0.3%
OSIS	C	0.26%
CDRE	D	0.26%
IRDM	C	0.2%
TGI	D	0.2%
DCO	A	0.15%
B	C	0.15%
TTMI	A	0.14%

PPA Underweight 33 Positions Relative to FFND

Symbol	Grade	Weight
GOOGL	A	-10.12%
NVDA	C	-5.43%
LLY	D	-4.67%
CMG	A	-3.99%
GTLS	C	-3.96%
ABNB	D	-3.92%
UBER	D	-3.5%
HALO	D	-3.5%
CRM	D	-3.37%
GPRE	F	-3.11%
NFLX	D	-3.05%
CELH	D	-2.91%
LULU	F	-2.82%
TSLA	D	-2.79%
LPLA	A	-2.74%
SCHW	A	-2.5%
DASH	D	-2.47%
ONON	C	-2.24%
FTI	A	-2.16%
GTLB	F	-2.14%
ZTS	D	-2.13%
VRTX	D	-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%
RIVN	F	-1.29%
PWR	A	-1.16%
EXAS	F	-1.06%
YNDX	C	-0.62%