FBT vs. FFLS ETF Comparison
Comparison of First Trust Amex Biotech Index Fund (FBT) to The Future Fund Long/Short ETF (FFLS)
FBT
First Trust Amex Biotech Index Fund
FBT Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NYSE Arca Biotechnology Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is an equal-dollar weighted index designed to measure the performance of a cross section of companies in the biotechnology industry that are primarily involved in the use of biological processes to develop products or provide services. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$153.08
Average Daily Volume
24,008
30
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
$23.42
Average Daily Volume
28,322
10
Performance
Period | FBT | FFLS |
---|---|---|
30 Days | -0.32% | 1.31% |
60 Days | 3.13% | 2.59% |
90 Days | 1.33% | 4.16% |
12 Months | 1.59% | 19.61% |
1 Overlapping Holdings
Symbol | Grade | Weight in FBT | Weight in FFLS | Overlap | |
---|---|---|---|---|---|
HALO | B | 4.22% | 4.96% | 4.22% |
FBT Overweight 29 Positions Relative to FFLS
Symbol | Grade | Weight | |
---|---|---|---|
ALNY | A | 5.25% | |
UTHR | B | 4.3% | |
CORT | C | 4.3% | |
VRTX | B | 3.76% | |
ARGX | B | 3.71% | |
AMGN | B | 3.7% | |
REGN | B | 3.67% | |
NTRA | B | 3.67% | |
MRNA | D | 3.64% | |
BIIB | C | 3.64% | |
INCY | D | 3.59% | |
MTD | D | 3.52% | |
ITCI | C | 3.4% | |
BGNE | F | 3.25% | |
GILD | C | 3.19% | |
NBIX | C | 3.15% | |
ALKS | C | 3.14% | |
EXEL | C | 3.12% | |
CPRX | D | 3.12% | |
ACAD | C | 3.01% | |
BNTX | F | 2.93% | |
BEAM | D | 2.92% | |
BMRN | C | 2.86% | |
WAT | D | 2.8% | |
GMAB | F | 2.76% | |
ILMN | D | 2.71% | |
RGEN | F | 2.33% | |
BRKR | F | 2.31% | |
EXAS | D | 1.97% |
FBT: Top Represented Industries & Keywords
FFLS: Top Represented Industries & Keywords