FFLS vs. CBLS ETF Comparison

Comparison of The Future Fund Long/Short ETF (FFLS) to Changebridge Capital Long/Short Equity ETF (CBLS)
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

Number of Holdings *

10

* may have additional holdings in another (foreign) market
CBLS

Changebridge Capital Long/Short Equity ETF

CBLS Description The investment seeks long-term capital appreciation while minimizing volatility. The Adviser also considers an assessment of a company's ESG attributes in determining the attractiveness of an investment opportunity. In general, the fund's investments are broadly invested over a number of sectors, but it may focus on the technology, consumer, and healthcare sectors. Under normal circumstances, at least 80% of the fund's net assets, plus borrowings for investment purposes, will be invested long or short in equity securities, including common stocks and depositary receipts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.95

Average Daily Volume

24,805

Number of Holdings *

80

* may have additional holdings in another (foreign) market
Performance
Period FFLS CBLS
30 Days 1.31% 1.01%
60 Days 2.59% 8.34%
90 Days 4.16% 11.28%
12 Months 19.61% 33.19%
4 Overlapping Holdings
Symbol Grade Weight in FFLS Weight in CBLS Overlap
GTLS D 4.04% 2.41% 2.41%
LLY A 6.05% 2.76% 2.76%
MU C 3.4% 1.86% 1.86%
NVDA B 5.32% 2.89% 2.89%
FFLS Overweight 6 Positions Relative to CBLS
Symbol Grade Weight
GOOGL A 9.42%
HALO B 4.96%
URI D 4.11%
CRM C 3.44%
UBER B 3.44%
ABNB B 3.33%
FFLS Underweight 76 Positions Relative to CBLS
Symbol Grade Weight
LNG B -2.68%
RDDT B -2.45%
MMYT B -2.43%
STRL D -2.29%
IBN A -2.29%
CRSP F -2.25%
NU B -2.19%
HLX B -2.19%
ICFI D -2.17%
MELI B -2.13%
SN C -2.11%
NARI C -2.1%
OSW B -2.1%
RIG F -2.09%
SBUX F -2.07%
ERJ D -2.07%
WTTR B -2.06%
AAPL A -2.05%
ARCO D -2.04%
MSFT A -2.04%
BKNG B -2.02%
LRCX B -2.02%
TSM A -1.99%
WMT A -1.99%
CHK D -1.98%
GD D -1.98%
ECL B -1.98%
ASML A -1.97%
MGNI B -1.97%
KLAC B -1.96%
AER B -1.95%
TDG D -1.95%
DELL C -1.94%
RTX D -1.93%
SKY F -1.91%
AVGO B -1.83%
ONON C -0.96%
SEDG F --0.33%
PLUG F --0.48%
NOW A --0.51%
HAYW F --0.69%
SITE F --0.7%
CWAN B --0.71%
TTC C --0.74%
BC F --0.78%
HELE F --0.79%
LAD F --0.81%
PAYX D --0.81%
CTVA D --0.84%
MIDD F --0.85%
BXP C --0.87%
BX C --0.87%
ROK D --0.88%
CHH B --0.88%
ENR C --0.89%
KEY C --0.9%
ARE C --0.91%
APO B --0.91%
FAST D --0.93%
IBM B --0.94%
BGFV F --0.96%
MPW F --0.96%
OZK D --0.97%
KMT F --0.98%
CMA C --0.99%
IR C --0.99%
PH D --0.99%
MTB C --1.04%
ZION C --1.04%
DASH C --1.17%
GPS C --1.17%
INTC C --1.34%
HOG F --1.43%
F B --1.44%
DECK C --1.45%
TSLA B --1.61%
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