SPRX vs. FFND ETF Comparison

Comparison of Spear Alpha ETF (SPRX) to The Future Fund Active ETF (FFND)
SPRX

Spear Alpha ETF

SPRX Description

SPRX invests in companies that are poised to benefit from breakthrough trends in industrial technology. The fund’s objective is to find underappreciated opportunities across different industrial supply chains that are beneficiaries of the secular themes discussed below: Environmental Focus and Decarbonization Manufacturing Digitalization Automation & Robotics Photonics and Additive Manufacturing Space Exploration Artificial Intelligence (AI) SPRX is an actively managed ETF that seeks long-term capital growth by investing in US listed securities (including American depositary receipts "ADRs") of industrial and technology companies relevant to the Fund’s investment themes and the ecosystem around them. SPRX invests in both “growth”, defined as companies with high and underappreciated growth prospects, and “value”, defined as opportunities that are undervalued based on an assessment of the underlying fundamentals.

Grade (RS Rating)

Last Trade

$24.03

Average Daily Volume

53,059

Number of Holdings *

21

* 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

$23.88

Average Daily Volume

1,716

Number of Holdings *

36

* may have additional holdings in another (foreign) market
Performance
Period SPRX FFND
30 Days 9.48% 4.24%
60 Days 7.28% 7.07%
90 Days 6.33% 6.84%
12 Months 30.10% 24.33%
4 Overlapping Holdings
Symbol Grade Weight in SPRX Weight in FFND Overlap
AMD B 8.77% 2.89% 2.89%
GTLB D 1.61% 1.6% 1.6%
NVDA B 13.53% 7.43% 7.43%
PANW B 2.96% 2.02% 2.02%
SPRX Overweight 17 Positions Relative to FFND
Symbol Grade Weight
ZS B 9.38%
NET B 7.4%
SNOW D 6.58%
SHOP C 5.88%
CEG C 5.15%
CRWD A 5.12%
MRVL C 5.07%
NRG C 4.52%
DDOG B 4.49%
CFLT D 4.28%
S D 4.03%
APH B 3.84%
HUBS D 3.67%
ANET A 1.3%
NVT C 0.83%
RIO C 0.0%
ROK D 0.0%
SPRX Underweight 32 Positions Relative to FFND
Symbol Grade Weight
GOOGL A -8.95%
LLY B -5.34%
ASML A -4.0%
CRM C -3.9%
HALO B -3.78%
UBER B -3.37%
NFLX A -3.25%
ABNB B -3.13%
GTLS D -2.92%
TSLA B -2.88%
LPLA B -2.73%
KTOS B -2.63%
DASH D -2.6%
CMG C -2.44%
FTI B -2.35%
PWR D -2.32%
EW B -2.26%
VRTX B -2.19%
MU C -2.17%
SCHW C -2.13%
WOLF F -2.08%
ONON C -2.07%
GPRE F -2.07%
GLW B -2.05%
LULU F -1.95%
CELH F -1.87%
EXAS F -1.72%
ZTS C -1.59%
MCHP C -1.56%
ERJ D -1.42%
RIVN C -1.39%
YNDX C -0.92%
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