XNTK vs. FFLS ETF Comparison

Comparison of SPDR NYSE Technology ETF (XNTK) to The Future Fund Long/Short ETF (FFLS)

XNTK

SPDR NYSE Technology ETF

XNTK Description

SPDR Morgan Stanley Technology ETF (the Fund) seeks to closely match the returns and characteristics of the Morgan Stanley Technology Index. The Morgan Stanley Technology Index is composed purely of electronics-based technology companies. The Technology Index comprises companies drawn from the following technology sub-sectors: computer services; design software; server software, personal computer (PC) software and new media; networking and telecom equipment; server hardware, PC hardware and peripherals; specialized systems, and semiconductors. The Fund's investment advisor is SSgA Funds Management, Inc.

Grade (RS Rating)

Last Trade

$191.95

Average Daily Volume

13,513

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

$22.46

Average Daily Volume

7,650

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XNTK	FFLS
30 Days	-0.83%	-2.05%
60 Days	-0.44%	-2.34%
90 Days	-1.45%	-2.90%
12 Months	42.62%	16.12%

6 Overlapping Holdings

Symbol	Grade	Weight in XNTK	Weight in FFLS	Overlap
CRM	D	2.4%	3.46%	2.4%
GOOGL	D	2.76%	7.57%	2.76%
MU	F	2.88%	3.5%	2.88%
NFLX	B	3.64%	3.97%	3.64%
NVDA	D	5.93%	6.43%	5.93%
UBER	C	2.78%	3.55%	2.78%

XNTK Overweight 29 Positions Relative to FFLS

Symbol	Grade	Weight
AVGO	C	4.2%
TSM	C	4.06%
META	A	3.73%
ORCL	B	3.37%
MELI	B	3.18%
IBM	A	3.14%
AMAT	D	3.02%
TXN	C	3.01%
QCOM	F	2.99%
AMZN	C	2.99%
NOW	A	2.98%
ADI	C	2.88%
BKNG	B	2.84%
AMD	D	2.8%
BABA	B	2.8%
ASML	F	2.77%
PANW	C	2.75%
MSFT	C	2.72%
INTU	C	2.7%
AAPL	C	2.69%
LRCX	F	2.59%
CSCO	B	2.44%
SHOP	C	2.37%
TSLA	C	2.24%
ADBE	F	2.08%
ABNB	D	1.98%
PDD	F	1.62%
SNOW	F	1.41%
INTC	F	1.09%

XNTK Underweight 4 Positions Relative to FFLS

Symbol	Grade	Weight
LLY	C	-6.56%
URI	B	-4.28%
CIEN	C	-3.72%
DASH	B	-3.41%