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FFLS
-1.11 · -4.49%
$23.59 · NYSE ARCA

Northern Lights Fund Trust II (FFLS) ETF Analysis | Long-Short Equity

The Future Fund · USA
AUM:$38.6M
#– of – in Long-Short Equity ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

FFLS returned -2.0% over the past year, broadly in line with flat market conditions.

Cost Efficiency

Ongoing charge of 1.75% — above average for this category.

What is FFLS?

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. exchange-listed equity securities and American Depositary Receipts (ADRs).

Performance Highlights

Returns (%)
Top Sectors (%)

Investment Breakdown

Negative 12-Month Return
FFLS returned -2.0% over the past year, reflecting recent market conditions.
Higher Cost Profile
Expense ratio of 1.75% is above average. Verify whether the strategy justifies the cost.
Moderate Concentration
Top 10 holdings make up 30.9% of the ETF — a moderate level of name concentration.
ETF Information
AUM$38.6M
Expense Ratio1.75%
Dividend Yield0.12%
Holdings48
Inception DateJun 2023
Domicile–
Distribution–
Index–
ProviderThe Future Fund
Beta–
CategoryLong-Short Equity
CurrencyUSD
Portfolio Impact

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Example preview
6168
+7 points · better diversified

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+3.0%
1Y
-3.6%
3Y
+31.0%
5Y
+28.9%
OpenBook InsightIf you had invested £10,000 in FFLS 5 years ago, it would have grown to £12,889 — a gain of £2,889.

Annual Returns

Calendar year performance

FFLS delivered positive returns in 3 of the last 4 calendar years.
YearFFLS
2026 YTD-0.5%
2025+7.3%
2024+18.4%
2023+2.0%
CAGR 3yr+9.0%
3/4 positive yearsAvg return: +6.8%Worst year: -0.5% (2026)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
33%
Negative
Volatility
15.2%
Low
Momentum
+2.7%
30-day change
Support Level
23.18
Key floor
Key Insights
  • Price is consolidating, with low momentum over the recent period.
  • Monitor key support and resistance levels as part of broader risk assessment.
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