FFLS vs. SCAP ETF Comparison

Comparison of The Future Fund Long/Short ETF (FFLS) to InfraCap Small Cap Income ETF (SCAP)

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 ^*

* may have additional holdings in another (foreign) market

SCAP

InfraCap Small Cap Income ETF

SCAP Description

The investment seeks to provide total return through long-term capital appreciation and current income. The fund seeks to achieve its investment objective by investing in a diversified group of U.S.-traded equity securities consisting of common and preferred stock, ADRs, and REITs. Under normal circumstances, it invests at least 80% of its net assets (plus any borrowings for investment purposes) in small cap securities. The fund's sub-advisor generally defines a small cap company as one having a market capitalization less than the market cap of the largest company in the Russell 2000 Index at the time of acquisition.

Grade (RS Rating)

Last Trade

$32.81

Average Daily Volume

3,674

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FFLS	SCAP
30 Days	1.31%	-0.13%
60 Days	2.59%	0.43%
90 Days	4.16%	0.09%
12 Months	19.61%

1 Overlapping Holdings

	Symbol	Grade	Weight in FFLS	Weight in SCAP	Overlap
	HALO	B	4.96%	2.42%	2.42%

FFLS Overweight 9 Positions Relative to SCAP

Symbol	Grade	Weight
GOOGL	A	9.42%
LLY	A	6.05%
NVDA	B	5.32%
URI	D	4.11%
GTLS	D	4.04%
CRM	C	3.44%
UBER	B	3.44%
MU	C	3.4%
ABNB	B	3.33%

FFLS Underweight 7 Positions Relative to SCAP

Symbol	Grade	Weight
IWM	D	-19.71%
CHRD	C	-2.95%
GDDY	A	-2.89%
JEF	B	-2.89%
MKSI	B	-2.75%
HRI	F	-2.51%
CASY	B	-2.34%