FFLS vs SPY

AFFLS

BSPY

Measures won2–3SPY wins · of 6 · 5Y

$10,000 · 5Y$17,118SPY

Lowest cost0.09%SPY · $9 on $10k

Most income6.68%FFLS · $668 on $10k

Smallest drop−8.9%SPY · worst fall in 1Y

Held in common13.4%FFLS and SPY

FFLS

SPY

The Future Fund Long/Short ETF · $45MState Street SPDR S&P 500 ETF · $819B

+10.9%3 years · per year$13,634 · $18,039+21.7%

[…]5 years · per year[…] · $17,118+11.3%

2.05%Expense ratio$205 · $9 on $10k · lower wins0.09%

6.68%12-mo yield$668 · $103 on $10k1.03%

−9.6%Worst dropSmaller wins−8.9%

11.0%VolatilityLower wins13.6%

2–3SPY wins

$10,000 · 5 yearsOne scale

Shared top holdingsFFLS · SPY

4.2%NVDA6.9%

3.8%AMZN4.0%

4.1%GOOGL2.6%

2.5%AVGO2.2%

Held in common13.4%

End-of-day Nov 6, 2026 · $10,000 5 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

Both

5Y2 funds

#			Trend
1	BSPY	State Street SPDR S&P 500 ETFRead Desk		0.09%	1.03%	+0.3%	+8.7%	+9.7%	+21.7%	+11.3%	−8.9%	$818.5B
2	AFFLS	The Future Fund Long/Short ETFRead Desk		2.05%	6.68%	−0.5%	−1.6%	−1.3%	+10.9%	new	−9.6%	$45M

End-of-day Nov 6, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Both

5Y2 funds

#			Trend
1	BSPY	State Street SPDR S&P 500 ETFRead Desk		0.09%	1.03%	+0.3%	+8.7%	+9.7%	+21.7%	+11.3%	−8.9%	$818.5B
2	AFFLS	The Future Fund Long/Short ETFRead Desk		2.05%	6.68%	−0.5%	−1.6%	−1.3%	+10.9%	new	−9.6%	$45M

End-of-day Nov 6, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

FFLS vs SPY

FFLS

The Future Fund Long/Short

[…]

SPY

SPDR S&P 500

$17,118

MeasureFFLSSPY

Fee2.05%0.09%

Cost on $10k a year$205$9

Yield6.68%1.03%

5 years, per year[…]+11.3%

3 years, per year+10.9%+21.7%

Worst drop · 1Y−9.6%−8.9%

Volatility · 1Y11.0%13.6%

3–2measures won
SPY first

13.4%

holdings shared

Nov 6, 2026 · $10,000 five years ago, dividends reinvested

SPYM vs SPY

YTD

SPDRSPYM

+8.8%

SPYSPDR

+8.7%

+8.8%Year to date+8.7%

1.1%Yield1.0%

$182BAssets$819B

2–0SPYM wins

End-of-day Nov 6, 2026

SCHD vs VIG

YTD

SchwabSCHD

+31.4%

VIGVanguard

+12.1%

+31.4%Year to date+12.1%

3.0%Yield1.5%

$120BAssets$109B

2–0SCHD wins

End-of-day Nov 6, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+3.2%

JEPIJ.P. Morgan

+5.3%

+3.2%Year to date+5.3%

12.8%Yield8.1%

$42.6BAssets$46.8B

1–1level

End-of-day Nov 6, 2026

Overlap: FFLS, SPY

Today

13.4%most shared, FFLS and SPY

FFLSSPY

FFLS—13.4%

SPY13.4%—

End-of-day Nov 6, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$463most kept, FFLS

FFLS$668 − $205 = $463

SPY$103 − $9 = $94

KeptFee

End-of-day Nov 6, 2026 · yield in dollars minus the fee