BELT vs. FFND ETF Comparison

Comparison of BlackRock Long-Term U.S. Equity ETF (BELT) to The Future Fund Active ETF (FFND)

BELT

BlackRock Long-Term U.S. Equity ETF

BELT Description

Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of U.S. issuers and derivatives with similar economic characteristics. It may invest up to 20% of its assets in equity securities of foreign issuers, including ADRs and GDRs. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.49

Average Daily Volume

992

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

$26.16

Average Daily Volume

1,170

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BELT	FFND
30 Days	2.62%	9.93%
60 Days	1.68%	12.41%
90 Days	3.14%	11.80%
12 Months		36.99%

2 Overlapping Holdings

	Symbol	Grade	Weight in BELT	Weight in FFND	Overlap
	FND	C	2.54%	2.02%	2.02%
	NVDA	C	2.57%	9.49%	2.57%

BELT Overweight 18 Positions Relative to FFND

Symbol	Grade	Weight
MSFT	F	12.99%
META	D	8.41%
GOOG	C	7.84%
MA	C	6.98%
CDNS	B	5.25%
NVO	D	5.18%
SPGI	C	5.06%
TT	A	5.03%
IR	B	4.4%
ISRG	A	4.34%
HWM	A	4.21%
CMG	B	3.94%
INTU	C	3.89%
MASI	A	3.51%
TMO	F	3.07%
ADI	D	2.83%
ENTG	D	2.74%
LRCX	F	2.35%

BELT Underweight 30 Positions Relative to FFND

Symbol	Grade	Weight
GOOGL	C	-7.85%
CRM	B	-4.89%
NFLX	A	-4.58%
LLY	F	-4.25%
TSLA	B	-3.94%
LPLA	A	-3.49%
PANW	C	-3.36%
FTI	A	-3.31%
ERJ	B	-3.28%
UBER	D	-3.17%
GTLB	B	-2.93%
DDOG	A	-2.88%
DASH	A	-2.87%
GTLS	B	-2.82%
MU	D	-2.75%
YETI	C	-2.35%
GLW	B	-2.32%
ABNB	C	-2.3%
DKNG	B	-2.26%
EW	C	-2.07%
VRTX	F	-1.86%
GPRE	F	-1.84%
AMD	F	-1.71%
BABA	D	-1.69%
JD	D	-1.49%
HALO	F	-1.44%
KTOS	B	-1.26%
CELH	F	-1.17%
GLOB	B	-1.13%
ONON	A	-1.1%