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The Future Fund Long/Short ETF (FFLS)

Long-Short Equity | Exchange Traded Fund | NYSEArca
22.96 USD +0.16 (0.692%) ⇧ (April 17, 2026, 3:33 p.m. EDT)
After hours: 22.96

Short-term: ★★★☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ★☆☆☆☆
Hot Take | April 19, 2026, 12:47 a.m. EDT

Absolute Avoid Signal (Long-Term). While the ETF is trading near its 52-week high with a 0.13% yield, the tool is fundamentally repurposed for Pure EV (Polestar) exposure. The recent massive corporate action (sale of Polestar shares for cash) and subsequent 2.7% offering of new shares have likely eroded or restructured the original long/short hedge, destroying the long-term thesis of a diversified uncorrelated fund. The forecasts show no edge (-0.08% adjusted direction in 45 days) and Ljung-Box suggests complex non-normal noise, confirming the absence of exploitable momentum. For new capital, this is a structural failure as a long-term vehicle; only existing holders selling before total NAV erosion from the new share issuance should be concerned.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.039315
MSTL0.039457
AutoTheta0.046932
AutoARIMA0.053174

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 45%
H-stat 8.59
Ljung-Box p 0.000
Jarque-Bera p 0.127
Excess Kurtosis -0.42
Attribute Value
Trailing P/E 32.19

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
6.58% 6.58%
Dividend History
Date Dividend Yield %
2025-12-26 1.527 6.578494
2024-12-26 0.770 3.545406
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 0.13

Info Dump

Attribute Value
All Time High 26.04
All Time Low 18.317
Ask 34.84
Ask Size 100
Average Daily Volume10 Day 4,940
Average Daily Volume3 Month 5,883
Average Volume 5,883
Average Volume10Days 4,940
Beta3 Year 0.0
Bid 22.0
Bid Size 3,300
Category Long-Short Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 22.99
Day Low 22.91
Dividend Yield 0.13
Eps Trailing Twelve Months 0.71319747
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 22.38232
Fifty Day Average Change 0.57647896
Fifty Day Average Change Percent 0.025755996
Fifty Two Week Change Percent 0.008714199
Fifty Two Week High 26.04
Fifty Two Week High Change -3.0812016
Fifty Two Week High Change Percent -0.11832571
Fifty Two Week Low 21.428
Fifty Two Week Low Change 1.5307999
Fifty Two Week Low Change Percent 0.07143924
Fifty Two Week Range 21.428 - 26.04
First Trade Date Milliseconds 1,687,354,200,000
Full Exchange Name NYSEArca
Fund Family The Future Fund
Fund Inception Date 1,687,219,200
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary 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.
Long Name The Future Fund Long/Short ETF
Market us_market
Market State PREPRE
Max Age 86,400
Message Board Id finmb_1783648652
Nav Price 22.95
Net Assets 39,400,788.0
Net Expense Ratio 1.24
Open 22.99
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 22.9588
Post Market Time 1,776,464,519
Previous Close 22.8011
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.1577
Regular Market Change Percent 0.691631
Regular Market Day High 22.99
Regular Market Day Low 22.91
Regular Market Day Range 22.91 - 22.99
Regular Market Open 22.99
Regular Market Previous Close 22.8011
Regular Market Price 22.9588
Regular Market Time 1,776,454,427
Regular Market Volume 3,884
Short Name The Future Fund Long/Short ETF
Source Interval 15
Symbol FFLS
Total Assets 39,400,788
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 32.191364
Trailing Peg Ratio None
Trailing Three Month Nav Returns -5.64655
Trailing Three Month Returns -5.64655
Triggerable 1
Two Hundred Day Average 24.23649
Two Hundred Day Average Change -1.2776909
Two Hundred Day Average Change Percent -0.052717652
Type Disp ETF
Volume 3,884
Yield 0.0013
Ytd Return -5.64655