FDTX vs. FFND ETF Comparison

Comparison of Fidelity Disruptive Technology ETF (FDTX) to The Future Fund Active ETF (FFND)

FDTX

Fidelity Disruptive Technology ETF

FDTX Description

The fund normally invests at least 80% of assets in securities of disruptive technology companies. Fidelity's disruptive strategies seek to identify innovative developments that could signal new directions for delivering products and services to customers. Generally, these companies have or are developing new or unconventional ways of doing business that could disrupt and displace incumbents over time. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$35.65

Average Daily Volume

14,615

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

$25.89

Average Daily Volume

1,165

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDTX	FFND
30 Days	5.81%	6.46%
60 Days	11.23%	12.02%
90 Days	9.24%	10.63%
12 Months	35.71%	35.55%

8 Overlapping Holdings

Symbol	Grade	Weight in FDTX	Weight in FFND	Overlap
ABNB	C	0.54%	2.3%	0.54%
CRM	B	5.33%	4.89%	4.89%
DDOG	A	2.14%	2.88%	2.14%
MU	D	1.15%	2.75%	1.15%
NFLX	A	4.3%	4.58%	4.3%
NVDA	B	6.98%	9.49%	6.98%
PANW	B	2.33%	3.36%	2.33%
UBER	F	0.95%	3.17%	0.95%

FDTX Overweight 27 Positions Relative to FFND

Symbol	Grade	Weight
TSM	B	5.05%
MSFT	D	4.92%
META	D	4.39%
SHOP	B	4.26%
MRVL	B	4.17%
AMZN	C	4.12%
GOOG	C	3.74%
ADBE	C	3.62%
HUBS	A	2.64%
INTU	B	2.16%
SNPS	B	2.15%
WDAY	B	1.87%
ON	D	1.71%
SE	A	1.7%
MNDY	C	1.66%
TEAM	A	1.57%
AAPL	C	1.29%
CRWD	B	1.22%
ACN	B	1.14%
NXPI	D	1.13%
TMUS	B	1.1%
SPOT	B	1.09%
PDD	F	1.05%
SQ	A	0.99%
TOST	B	0.99%
SNAP	D	0.95%
GLBE	B	0.6%

FDTX Underweight 24 Positions Relative to FFND

Symbol	Grade	Weight
GOOGL	C	-7.85%
LLY	F	-4.25%
TSLA	B	-3.94%
LPLA	A	-3.49%
FTI	A	-3.31%
ERJ	A	-3.28%
GTLB	B	-2.93%
DASH	B	-2.87%
GTLS	A	-2.82%
YETI	D	-2.35%
GLW	B	-2.32%
DKNG	B	-2.26%
EW	C	-2.07%
FND	D	-2.02%
VRTX	D	-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%