XDAT vs. FFLS ETF Comparison

Comparison of Franklin Exponential Data ETF (XDAT) to The Future Fund Long/Short ETF (FFLS)

XDAT

Franklin Exponential Data ETF

XDAT Description

XDAT provides exposure to companies that may benefit from exponential data or the use of large data sets and/or the growth of data, including systems, services, hardware, software and other digital and physical infrastructure related to data creation, amplification, collection, cleaning, recording, analysis, processing, transmission, delivery, storage, encryption and security. These may include firms that either monetize data or have the potential in the future to monetize data, such as those offering cloud computing technologies and services, data supporting infrastructure, data analytics solutions, artificial intelligence, machine learning, and augmented and virtual reality. In constructing the portfolio the investment managers use a proprietary fundamental, bottom-up research and analysis which leverages insights from diverse sources. The Fund may invest across economic sectors but it leans heavily towards information technology related industries.

Grade (RS Rating)

Last Trade

$23.19

Average Daily Volume

2,133

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$23.32

Average Daily Volume

28,127

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XDAT	FFLS
30 Days	10.98%	1.33%
60 Days	7.12%	3.32%
90 Days	4.42%	3.45%
12 Months	22.34%	17.60%

2 Overlapping Holdings

	Symbol	Grade	Weight in XDAT	Weight in FFLS	Overlap
	FICO	A	4.68%	3.98%	3.98%
	GOOGL	A	5.42%	9.02%	5.42%

XDAT Overweight 42 Positions Relative to FFLS

Symbol	Grade	Weight
MSFT	A	9.64%
CRWD	A	6.83%
PANW	B	5.48%
NOW	B	5.31%
DDOG	B	4.93%
ANET	A	4.59%
META	B	4.54%
EQIX	D	3.78%
MDB	D	3.49%
TMUS	B	3.09%
SNOW	D	2.65%
MNDY	B	2.5%
IT	C	2.31%
NET	B	2.13%
TTD	A	2.13%
SPGI	B	1.96%
HUBS	D	1.69%
CRM	C	1.66%
MSCI	C	1.64%
ZS	B	1.63%
ACN	C	1.55%
FTNT	D	1.51%
FDS	D	1.41%
DXCM	F	1.3%
CCI	D	1.18%
S	D	1.05%
SBAC	F	1.02%
CFLT	D	0.9%
KEYS	F	0.85%
MCO	A	0.63%
GTLB	D	0.62%
NFLX	A	0.52%
VRSK	A	0.51%
VRT	C	0.47%
AKAM	F	0.44%
ADBE	B	0.39%
QLYS	D	0.35%
GLOB	C	0.3%
TRU	C	0.24%
CXM	D	0.14%
ZI	F	0.13%
SPT	D	0.12%

XDAT Underweight 8 Positions Relative to FFLS

Symbol	Grade	Weight
LLY	B	-5.52%
NVDA	B	-4.83%
CMG	C	-4.75%
URI	C	-4.61%
GTLS	D	-4.37%
HALO	B	-4.17%
PWR	D	-3.67%
ASML	A	-3.46%