NBCT vs. FFND ETF Comparison

Comparison of Neuberger Berman Carbon Transition Infrastructure ETF (NBCT) to The Future Fund Active ETF (FFND)

NBCT

Neuberger Berman Carbon Transition Infrastructure ETF

NBCT Description

Under normal market conditions, the fund invests at least 80% of its net assets (plus borrowing for investment purposes) in equity securities of carbon transition companies and infrastructure companies. It invests a significant portion of its assets in carbon transition companies, which the Managers consider to be those companies that have, or in the Portfolio Managers" view, are reasonably expected to have, at least 20% of their assets or revenue, committed to or derived from infrastructure that will facilitate global decarbonization and/or the reduction of other greenhouse gas emissions.

Grade (RS Rating)

Last Trade

$30.58

Average Daily Volume

1,330

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

$23.46

Average Daily Volume

857

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NBCT	FFND
30 Days	3.99%	1.45%
60 Days	11.06%	8.43%
90 Days	10.54%	-1.98%
12 Months	43.21%	26.76%

1 Overlapping Holdings

	Symbol	Grade	Weight in NBCT	Weight in FFND	Overlap
	GTLS	F	0.86%	2.87%	0.86%

NBCT Overweight 28 Positions Relative to FFND

Symbol	Grade	Weight
CEG	A	5.77%
LIN	B	5.38%
ABBV	B	5.18%
ETN	C	4.77%
NEE	A	4.03%
FSLR	C	3.87%
PWR	B	3.8%
HUBB	B	3.67%
LNG	A	3.44%
GEV	A	3.25%
ITRI	C	3.15%
WMB	A	3.03%
WCN	D	2.55%
D	A	2.09%
RSG	C	1.86%
J	F	1.81%
DTM	A	1.7%
SRE	B	1.6%
ORA	C	1.57%
GNRC	B	1.55%
CNP	B	1.53%
SHW	C	1.42%
FE	C	1.37%
DUK	B	1.16%
AY	B	1.03%
EXC	A	1.0%
NEP	D	0.95%
JCI	C	0.86%

NBCT Underweight 31 Positions Relative to FFND

Symbol	Grade	Weight
NVDA	B	-8.45%
GOOGL	B	-7.9%
LLY	D	-5.09%
CRM	B	-4.4%
NFLX	B	-4.18%
TSLA	C	-4.07%
AMD	B	-3.86%
UBER	C	-3.62%
PANW	D	-3.36%
DASH	B	-3.23%
MU	D	-3.21%
ERJ	C	-2.88%
FTI	B	-2.78%
LPLA	C	-2.75%
GTLB	D	-2.66%
FND	C	-2.61%
GLOB	C	-2.51%
CIEN	A	-2.42%
GPRE	F	-2.41%
DKNG	D	-2.38%
ABNB	D	-2.37%
KTOS	A	-2.27%
EW	F	-2.24%
BABA	B	-2.16%
GLW	C	-2.12%
DDOG	C	-2.02%
VRTX	D	-1.93%
HALO	C	-1.84%
RIVN	F	-1.56%
ONON	C	-1.14%
CELH	F	-0.73%