FFLS vs. SLX ETF Comparison
Comparison of The Future Fund Long/Short ETF (FFLS) to Market Vectors Steel Index ETF Fund (SLX)
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
$23.17
Average Daily Volume
8,212
10
SLX
Market Vectors Steel Index ETF Fund
SLX Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Steel Index. The fund normally invests at least 80% of its total assets in common stocks and American depositary receipts ("ADRs") of companies involved in the steel industry. Such companies may include medium-capitalization companies and foreign issuers. The fund may also utilize convertible securities and participation notes to seek performance that corresponds to the Steel Index. It is non-diversified.Grade (RS Rating)
Last Trade
$69.76
Average Daily Volume
8,679
26
Performance
Period | FFLS | SLX |
---|---|---|
30 Days | 4.65% | 11.08% |
60 Days | 8.22% | 8.85% |
90 Days | -1.07% | 3.73% |
12 Months | 20.29% | 14.18% |
0 Overlapping Holdings
Symbol | Grade | Weight in FFLS | Weight in SLX | Overlap |
---|
FFLS Underweight 26 Positions Relative to SLX
Symbol | Grade | Weight | |
---|---|---|---|
RIO | B | -10.04% | |
VALE | D | -8.27% | |
CRS | B | -6.78% | |
NUE | D | -5.57% | |
MT | B | -5.14% | |
ATI | C | -5.14% | |
PKX | D | -4.96% | |
RS | D | -4.81% | |
STLD | C | -4.8% | |
TS | D | -4.76% | |
GGB | B | -4.6% | |
SID | D | -4.53% | |
CMC | D | -4.52% | |
HCC | C | -4.18% | |
X | F | -4.05% | |
TX | D | -4.05% | |
CLF | D | -3.54% | |
ROCK | D | -2.33% | |
WS | D | -1.81% | |
USAP | C | -1.19% | |
ASTL | C | -1.17% | |
RDUS | D | -1.15% | |
SXC | F | -0.79% | |
RYI | D | -0.74% | |
MTUS | F | -0.71% | |
ZEUS | F | -0.48% |
FFLS: Top Represented Industries & Keywords
SLX: Top Represented Industries & Keywords