FFLS vs. FFND ETF Comparison

Comparison of The Future Fund Long/Short ETF (FFLS) to The Future Fund Active ETF (FFND)

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

$23.87

Average Daily Volume

4,575

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

$25.75

Average Daily Volume

1,299

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FFLS	FFND
30 Days	0.99%	5.12%
60 Days	5.40%	10.64%
90 Days	4.32%	11.34%
12 Months	19.99%	34.63%

31 Overlapping Holdings

Symbol	Grade	Weight in FFLS	Weight in FFND	Overlap
ABNB	C	2.88%	2.3%	2.3%
AMD	F	2.41%	1.71%	1.71%
BABA	D	1.68%	1.69%	1.68%
CELH	F	0.96%	1.17%	0.96%
CRM	B	4.74%	4.89%	4.74%
DASH	B	3.88%	2.87%	2.87%
DDOG	A	2.84%	2.88%	2.84%
DKNG	B	2.08%	2.26%	2.08%
ERJ	B	3.29%	3.28%	3.28%
EW	C	2.79%	2.07%	2.07%
FND	D	2.13%	2.02%	2.02%
FTI	A	3.32%	3.31%	3.31%
GLOB	C	0.88%	1.13%	0.88%
GLW	B	2.41%	2.32%	2.32%
GOOGL	B	6.34%	7.85%	6.34%
GPRE	F	1.8%	1.84%	1.8%
GTLB	B	3.21%	2.93%	2.93%
GTLS	A	2.24%	2.82%	2.24%
HALO	F	1.15%	1.44%	1.15%
JD	D	1.53%	1.49%	1.49%
KTOS	C	1.04%	1.26%	1.04%
LLY	F	3.14%	4.25%	3.14%
LPLA	A	4.05%	3.49%	3.49%
MU	D	3.43%	2.75%	2.75%
NFLX	A	4.64%	4.58%	4.58%
NVDA	A	7.31%	9.49%	7.31%
ONON	B	1.06%	1.1%	1.06%
PANW	A	2.98%	3.36%	2.98%
UBER	F	3.26%	3.17%	3.17%
VRTX	D	1.95%	1.86%	1.86%
YETI	D	1.85%	2.35%	1.85%

FFLS Overweight 18 Positions Relative to FFND

Symbol	Grade	Weight
AFRM	A	-0.72%
ACHC	F	-1.07%
CRL	D	-1.08%
RH	C	-1.38%
ISRG	A	-1.58%
APH	B	-1.71%
MEDP	F	-1.78%
ROL	B	-1.83%
ON	F	-2.01%
VRT	A	-2.13%
HRB	D	-2.37%
NXPI	F	-2.54%
FAST	B	-2.83%
PWR	A	-2.84%
PVH	D	-2.91%
URI	B	-3.13%
FICO	A	-3.28%
COIN	B	-3.76%

FFLS Underweight 1 Positions Relative to FFND

	Symbol	Grade	Weight
	TSLA	B	-3.94%