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ETFs

The Future Fund Long/Short ETF

FFLS
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 20 2023
Expense Ratio
1.24%
Type
US Equities
Fund Owner
Future Funds
Volume (1m avg. daily)
$17,995
AUM
$1,939,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
US DOLLARS
33.82%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
9.54%
TSLA
Tesla Inc
7.21%
SPLK
Splunk Inc
4.59%
GTLS
Chart Industries Inc
4.36%
CIEN
CIENA Corp.
3.70%
PANW
Palo Alto Networks Inc
3.58%
HALO
Halozyme Therapeutics Inc.
3.52%
CRM
Salesforce Inc
3.51%
UBER
Uber Technologies Inc
3.48%
Invest with FFLS

What is FFLS?

The investment objective of the Fund is to seek to provide capital appreciation. 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 equity securities in which the Fund may invest include common stock, preferred stock and convertible securities.

ETFs related toFFLS

ETFs correlated to FFLS include FBCG, SCHG, IWY

FFLS
Northern Lights Fund Trust II - The Future Fund Long/Short ETF
FBCG
Fidelity Covington Trust - Fidelity Blue Chip Growth ETF
SCHG
Schwab Strategic Trust - Schwab U.S. Large-Cap Growth ETF
IWY
BlackRock Institutional Trust Company N.A. - iShares Russell Top 200 Growth ETF
ILCG
BlackRock Institutional Trust Company N.A. - iShares Morningstar Growth ETF
JGRO
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Active Growth ETF
NUGO
NuShares ETF Trust - Nuveen Growth Opportunities ETF
QQH
Northern Lights Fund Trust III - HCM Defender 100 Index ETF
IWF
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Growth ETF
TQQQ
ProShares Trust - ProShares UltraPro QQQ 3x Shares
QQQ
Invesco Capital Management LLC - Invesco QQQ Trust Series 1

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toFFLS

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with FFLS using Composer

FAQ

FFLS is a US Equities ETF. The investment objective of the Fund is to seek to provide capital appreciation. 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 equity securities in which the Fund may invest include common stock, preferred stock and convertible securities.

Yes, FFLS is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, FFLS is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FFLS is 0.0332%. This is the percent change in the value of FFLS over the most recent 1-month period. The 3-month return on FFLS is 0%. This is the percent change in the value of FFLS over the most recent 3-month period.

ETFs similar to FFLS include PKW, VIXY, and XYLD.

ETFs correlated to FFLS include FBCG, SCHG, and IWY.

ETFs that are inversely correlated to FFLS include SQQQ, QID, and PSQ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.