FFND vs. AFSM ETF Comparison

Comparison of The Future Fund Active ETF (FFND) to Active Factor Small Cap ETF (AFSM)

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

$23.79

Average Daily Volume

844

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AFSM

Active Factor Small Cap ETF

AFSM Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by small capitalization companies. The manager defines small capitalization companies as those that, at the time of investment, have a market capitalization between a minimum of $250 million and the maximum market capitalization of a widely recognized index of small capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$30.64

Average Daily Volume

6,330

Number of Holdings ^*

295

* may have additional holdings in another (foreign) market

Performance

Period	FFND	AFSM
30 Days	6.26%	4.07%
60 Days	13.24%	8.85%
90 Days	-0.63%	9.41%
12 Months	30.38%	30.99%

1 Overlapping Holdings

	Symbol	Grade	Weight in FFND	Weight in AFSM	Overlap
	HALO	D	1.84%	0.71%	0.71%

FFND Overweight 31 Positions Relative to AFSM

Symbol	Grade	Weight
NVDA	B	8.45%
GOOGL	B	7.9%
LLY	D	5.09%
CRM	B	4.4%
NFLX	A	4.18%
TSLA	C	4.07%
AMD	C	3.86%
UBER	C	3.62%
PANW	B	3.36%
DASH	A	3.23%
MU	D	3.21%
ERJ	C	2.88%
GTLS	D	2.87%
FTI	B	2.78%
LPLA	D	2.75%
GTLB	D	2.66%
FND	C	2.61%
GLOB	D	2.51%
CIEN	A	2.42%
GPRE	F	2.41%
DKNG	C	2.38%
ABNB	D	2.37%
KTOS	B	2.27%
EW	F	2.24%
BABA	A	2.16%
GLW	C	2.12%
DDOG	B	2.02%
VRTX	D	1.93%
RIVN	F	1.56%
ONON	A	1.14%
CELH	F	0.73%

FFND Underweight 294 Positions Relative to AFSM

Symbol	Grade	Weight
NHC	D	-1.21%
MLI	B	-1.13%
SKYW	B	-0.98%
IDCC	A	-0.94%
ALKS	B	-0.92%
ANF	D	-0.88%
CPRX	C	-0.86%
TNK	C	-0.85%
MHO	C	-0.84%
CRS	B	-0.83%
MTG	A	-0.81%
SFM	A	-0.81%
RDN	D	-0.78%
DAKT	D	-0.78%
PFBC	D	-0.78%
BCC	C	-0.77%
UVE	C	-0.75%
FIX	A	-0.73%
ZETA	B	-0.72%
TMHC	C	-0.72%
CVLT	B	-0.71%
EME	B	-0.71%
TBBK	A	-0.68%
JXN	A	-0.68%
STRL	B	-0.68%
HWKN	B	-0.65%
BMI	A	-0.65%
NMIH	B	-0.65%
NHI	C	-0.64%
PLUS	B	-0.64%
CALM	A	-0.63%
UFPT	D	-0.62%
NTB	D	-0.61%
SLVM	C	-0.61%
COOP	B	-0.61%
AROC	B	-0.6%
PI	A	-0.6%
MCY	B	-0.6%
CRVL	C	-0.6%
SANM	D	-0.6%
SLG	C	-0.6%
CEIX	B	-0.59%
LNTH	C	-0.59%
OFG	D	-0.58%
DOLE	C	-0.58%
COKE	C	-0.58%
ACT	B	-0.57%
GMED	B	-0.57%
KBH	D	-0.57%
BELFB	A	-0.56%
GMS	B	-0.56%
FDP	C	-0.56%
BTU	B	-0.55%
STBA	D	-0.55%
MUSA	D	-0.54%
APPF	C	-0.54%
HSII	D	-0.54%
PRK	D	-0.53%
DFIN	B	-0.51%
SUPN	D	-0.51%
REZI	D	-0.51%
CHCO	D	-0.51%
HRB	C	-0.5%
TGNA	B	-0.5%
BXC	D	-0.5%
IIPR	C	-0.5%
AMWD	C	-0.5%
DDS	D	-0.49%
TEX	F	-0.48%
BRBR	A	-0.48%
BLBD	D	-0.48%
POWL	B	-0.47%
RMR	B	-0.47%
CORT	B	-0.46%
EGBN	C	-0.46%
YOU	C	-0.46%
CSWI	A	-0.45%
EVER	D	-0.45%
PLAB	D	-0.45%
ADUS	D	-0.45%
PINC	F	-0.44%
LPG	F	-0.44%
PRDO	D	-0.44%
VRNT	F	-0.43%
HRMY	D	-0.43%
AMR	F	-0.42%
WFRD	F	-0.42%
CAL	F	-0.42%
SIG	C	-0.41%
SPNS	B	-0.41%
ESNT	A	-0.41%
CVNA	A	-0.4%
M	D	-0.4%
BDC	A	-0.4%
PRGS	A	-0.4%
MTH	C	-0.4%
YMAB	C	-0.39%
WNC	F	-0.39%
CNXN	C	-0.39%
ANIP	F	-0.38%
CCRN	F	-0.37%
INMD	F	-0.37%
GRBK	C	-0.37%
TMDX	D	-0.37%
HIW	C	-0.37%
PDM	C	-0.36%
LGND	C	-0.36%
HDSN	F	-0.35%
BPMC	F	-0.35%
PBF	F	-0.35%
FBP	B	-0.35%
RXST	F	-0.35%
HIMS	C	-0.35%
ASO	D	-0.35%
ODP	F	-0.34%
TWI	F	-0.34%
MATX	C	-0.34%
LOPE	D	-0.33%
SCS	D	-0.33%
MOG.A	C	-0.33%
AVNS	D	-0.33%
QTWO	B	-0.33%
BNL	C	-0.32%
LRN	D	-0.32%
RDNT	C	-0.32%
APOG	B	-0.32%
CRAI	B	-0.32%
ATKR	F	-0.32%
CUZ	C	-0.31%
ASC	D	-0.31%
USLM	C	-0.31%
VRNS	B	-0.31%
CMC	D	-0.31%
SBRA	C	-0.3%
IESC	A	-0.3%
CASH	C	-0.3%
PRMW	B	-0.3%
PFS	D	-0.29%
AKR	B	-0.29%
BKE	B	-0.29%
TILE	C	-0.29%
DXC	C	-0.29%
GNK	D	-0.29%
TRMK	D	-0.29%
IBOC	D	-0.28%
MD	B	-0.28%
BKH	C	-0.28%
CNK	D	-0.28%
ATGE	D	-0.28%
PRG	C	-0.28%
TCMD	C	-0.28%
THFF	D	-0.27%
PHIN	D	-0.27%
GEO	D	-0.27%
INSW	B	-0.27%
GIII	C	-0.27%
PSN	A	-0.27%
HCI	B	-0.27%
HUBG	D	-0.27%
AZZ	B	-0.27%
BHE	C	-0.27%
ONTO	B	-0.26%
PRM	C	-0.26%
HCC	C	-0.26%
ADMA	A	-0.26%
VIRT	B	-0.26%
DNOW	F	-0.26%
HURN	D	-0.26%
MEDP	F	-0.26%
AMKR	F	-0.26%
MED	F	-0.25%
BKU	D	-0.25%
ABG	D	-0.25%
ITCI	D	-0.24%
SMP	D	-0.24%
IMKTA	F	-0.24%
KELYA	D	-0.23%
KN	B	-0.23%
HLX	C	-0.23%
NTCT	C	-0.23%
SBH	B	-0.23%
NUS	F	-0.22%
STNG	B	-0.22%
LMAT	A	-0.22%
DHT	B	-0.22%
UCTT	D	-0.22%
ENS	B	-0.22%
GOGL	C	-0.22%
PIPR	A	-0.22%
CMPR	F	-0.22%
VNDA	F	-0.22%
MRVI	F	-0.22%
INTA	C	-0.22%
NSSC	F	-0.22%
EXTR	D	-0.21%
ADNT	F	-0.21%
HAE	F	-0.21%
TNC	F	-0.21%
CRDO	B	-0.21%
SIGA	F	-0.21%
PK	D	-0.21%
BLFS	D	-0.2%
SXC	F	-0.2%
ASGN	D	-0.2%
NX	F	-0.2%
NAVI	D	-0.2%
HY	D	-0.2%
XRX	D	-0.2%
KRC	C	-0.2%
HOV	D	-0.2%
GES	F	-0.19%
AXSM	D	-0.19%
VSH	F	-0.19%
WABC	F	-0.19%
VCTR	A	-0.18%
SGBX	F	-0.18%
SCVL	D	-0.18%
BRC	C	-0.17%
NVST	D	-0.17%
SD	D	-0.17%
AGX	A	-0.17%
OSCR	C	-0.17%
TPC	A	-0.16%
SCSC	D	-0.15%
HROW	B	-0.15%
CWCO	F	-0.14%
ASTH	B	-0.14%
CLW	F	-0.14%
METC	D	-0.14%
TWST	D	-0.14%
TGTX	D	-0.14%
CECO	D	-0.14%
TARS	C	-0.14%
MAX	C	-0.14%
AYI	A	-0.13%
NECB	C	-0.13%
MOV	F	-0.13%
ALRM	F	-0.13%
PCRX	D	-0.12%
CHRD	F	-0.12%
AIT	B	-0.12%
EIG	A	-0.12%
CGEM	F	-0.12%
CSGS	B	-0.12%
ALKT	D	-0.11%
INVA	B	-0.11%
AMCX	F	-0.1%
GFF	C	-0.1%
SPSC	D	-0.1%
RAMP	F	-0.09%
YEXT	B	-0.09%
KSS	D	-0.08%
CTRE	C	-0.08%
KRYS	D	-0.08%
KTB	C	-0.08%
MLKN	F	-0.08%
NSIT	B	-0.07%
WGO	D	-0.07%
OMI	F	-0.07%
TPH	C	-0.07%
COLL	A	-0.06%
VSTO	B	-0.06%
EOLS	C	-0.06%
JWN	D	-0.06%
AMN	F	-0.06%
REVG	D	-0.05%
OTTR	F	-0.05%
SEMR	C	-0.05%
ATEN	B	-0.05%
ETH	F	-0.05%
SWX	C	-0.05%
FORM	D	-0.05%
ANDE	D	-0.05%
GRND	D	-0.05%
FTDR	B	-0.05%
CTS	B	-0.05%
APAM	B	-0.05%
OGS	C	-0.05%
AMPH	C	-0.05%
VITL	C	-0.04%
LBRT	D	-0.04%
JBI	F	-0.04%
HE	F	-0.04%
TDC	D	-0.04%
PHR	F	-0.04%
RYI	D	-0.03%
ACLS	F	-0.03%
PGNY	F	-0.03%
SWI	B	-0.03%
EMBC	F	-0.03%
ACIW	A	-0.02%
MITK	F	-0.0%
MAIN	A	-0.0%
EPAC	A	-0.0%