The Future Fund Long/Short ETF (FFLS)
FFLS is an actively managed ETF by The Future Fund. FFLS launched on Jun 20, 2023 and has a 1.75% expense ratio.
ETF Info
| Issuer | The Future Fund |
|---|---|
| Inception Date | Jun 20, 2023 |
| Category | Long-Short |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
FFLS has a high expense ratio of 1.75%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in The Future Fund Long/Short ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
The Future Fund Long/Short ETF had a return of 15.33% year-to-date (YTD) and 21.38% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 15.33% | 22.85% |
| 1 month | 4.45% | 4.16% |
| 6 months | 4.85% | 15.77% |
| 1 year | 21.38% | 35.40% |
| 5 years (annualized) | N/A | 14.46% |
| 10 years (annualized) | N/A | 12.04% |
Monthly Returns
The table below presents the monthly returns of FFLS, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.43% | 7.76% | 3.65% | -0.66% | 3.11% | 0.87% | -1.97% | -0.32% | 0.57% | 15.33% | |||
| 2023 | -0.03% | -0.84% | 1.08% | -2.24% | -4.75% | 6.48% | 2.70% | 2.03% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FFLS is 48, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for The Future Fund Long/Short ETF (FFLS) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the The Future Fund Long/Short ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the The Future Fund Long/Short ETF was 10.36%, occurring on Aug 7, 2024. The portfolio has not yet recovered.
The current The Future Fund Long/Short ETF drawdown is 2.19%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -10.36% | Jul 11, 2024 | 20 | Aug 7, 2024 | — | — | — |
| -9.39% | Sep 12, 2023 | 34 | Oct 27, 2023 | 40 | Dec 26, 2023 | 74 |
| -8.6% | Jul 19, 2023 | 23 | Aug 18, 2023 | 15 | Sep 11, 2023 | 38 |
| -3.02% | Apr 12, 2024 | 6 | Apr 19, 2024 | 11 | May 6, 2024 | 17 |
| -2.4% | Jun 23, 2023 | 12 | Jul 11, 2023 | 4 | Jul 17, 2023 | 16 |
Volatility
Volatility Chart
The current The Future Fund Long/Short ETF volatility is 2.57%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.