DFNV vs. SHRT ETF Comparison

Comparison of TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV) to Gotham Short Strategies ETF (SHRT)

DFNV

TrimTabs Donoghue Forlines Risk Managed Innovation ETF

DFNV Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the TrimTabs Donoghue Forlines Risk Managed Free Cash Flow Innovation Index. To pursue its investment objective, the fund invests, under normal market circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in component securities of the index. The index is designed to track the performance of a strategy that seeks to provide risk-managed exposure to U.S. publicly traded companies with strong free cash flow and strong research and development (R&D) investment

Grade (RS Rating)

Last Trade

$36.88

Average Daily Volume

20,590

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SHRT

Gotham Short Strategies ETF

SHRT Description

The fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing under normal circumstances in long and short positions of equity and equity-related securities (i.e., swaps), primarily of companies traded on U.S. markets. The fund"s sub-adviser, Gotham Asset Management, LLC ("Gotham" or the "Sub-Adviser") seeks to maintain the fund"s net equity exposure, which is the value of the fund"s long positions minus its short positions, at approximately 50% net short.

Grade (RS Rating)

Last Trade

$7.56

Average Daily Volume

2,510

Number of Holdings ^*

200

* may have additional holdings in another (foreign) market

Performance

Period	DFNV	SHRT
30 Days	5.72%	-6.95%
60 Days	9.66%	-8.41%
90 Days	12.32%	-8.30%
12 Months	39.55%	-6.87%

21 Overlapping Holdings

Symbol	Grade	Weight in DFNV	Weight in SHRT	Overlap
ABBV	F	2.59%	0.48%	0.48%
ALKS	C	0.3%	0.17%	0.17%
ANET	C	1.58%	0.51%	0.51%
CRUS	D	0.32%	1.26%	0.32%
CWAN	B	0.33%	0.07%	0.07%
ENPH	F	0.3%	0.57%	0.3%
GNRC	C	0.5%	0.43%	0.43%
HALO	F	0.38%	0.44%	0.38%
HAS	D	0.44%	0.35%	0.35%
IGT	F	0.25%	0.08%	0.08%
JAZZ	B	0.44%	0.3%	0.3%
LYFT	C	0.48%	0.13%	0.13%
MTCH	D	0.4%	0.02%	0.02%
NBIX	C	0.53%	0.17%	0.17%
PTC	B	0.76%	0.07%	0.07%
QRVO	F	0.29%	0.88%	0.29%
SPOT	B	1.8%	0.08%	0.08%
SWKS	F	0.5%	1.21%	0.5%
UBER	F	1.83%	0.03%	0.03%
UI	B	0.97%	0.26%	0.26%
VRSN	C	0.57%	0.07%	0.07%

DFNV Overweight 78 Positions Relative to SHRT

Symbol	Grade	Weight
AAPL	C	7.79%
AVGO	D	4.14%
CRM	B	2.93%
NOW	A	2.72%
APP	B	2.69%
JNJ	C	2.45%
ADBE	C	2.35%
PLTR	B	2.33%
INTU	B	2.3%
QCOM	F	2.14%
IBM	C	2.04%
BMY	B	1.99%
PANW	B	1.96%
GILD	C	1.91%
CRWD	B	1.7%
AMGN	F	1.6%
FTNT	C	1.58%
DASH	B	1.53%
MSI	B	1.52%
TEAM	A	1.38%
PYPL	B	1.37%
TTD	B	1.24%
MMM	D	1.24%
ADSK	A	1.24%
VRT	B	1.22%
SNOW	B	1.17%
WDAY	B	1.17%
DDOG	A	1.14%
EA	A	1.09%
VEEV	C	1.04%
RBLX	C	1.0%
ZS	B	0.98%
EXPE	B	0.83%
NTAP	C	0.81%
DOCU	B	0.81%
ZM	C	0.8%
MCHP	F	0.79%
NTNX	B	0.78%
RMD	C	0.77%
MANH	D	0.75%
DUOL	A	0.72%
PINS	F	0.7%
PSTG	D	0.68%
GEN	B	0.68%
DT	D	0.66%
FFIV	B	0.6%
PCTY	C	0.59%
PEGA	B	0.54%
JKHY	D	0.51%
SMAR	B	0.5%
SOLV	D	0.49%
CVLT	B	0.48%
DBX	B	0.48%
ETSY	D	0.42%
NYT	D	0.4%
PATH	C	0.4%
ALTR	B	0.4%
QLYS	B	0.39%
TENB	C	0.36%
PI	D	0.36%
BOX	B	0.36%
MAT	D	0.36%
BL	B	0.28%
ZETA	D	0.24%
VERX	A	0.23%
RNG	C	0.22%
PLTK	B	0.22%
PRGS	A	0.21%
ALRM	C	0.21%
AMZN	C	0.2%
ACAD	C	0.2%
TDC	D	0.2%
RPD	B	0.19%
YELP	C	0.18%
FLNC	D	0.18%
YOU	D	0.17%
PTGX	D	0.17%
CMPR	D	0.15%

DFNV Underweight 179 Positions Relative to SHRT

Symbol	Grade	Weight
GM	C	-2.09%
TGT	F	-2.05%
THC	D	-1.9%
LRCX	F	-1.84%
LPX	B	-1.65%
FMC	D	-1.45%
BIIB	F	-1.36%
CHWY	B	-1.34%
CVX	A	-1.31%
TSN	B	-1.15%
ELAN	D	-1.13%
EOG	A	-1.12%
RVTY	F	-1.12%
PPC	C	-1.09%
GTLS	A	-1.08%
QGEN	D	-1.01%
ZBRA	B	-1.0%
WBA	F	-0.92%
JBHT	C	-0.9%
LII	A	-0.84%
MATX	C	-0.83%
MU	D	-0.82%
CHTR	C	-0.82%
JCI	B	-0.81%
NOC	D	-0.81%
MTZ	B	-0.8%
D	C	-0.8%
KLAC	F	-0.8%
UPS	C	-0.8%
UHS	D	-0.8%
TKO	A	-0.78%
CTLT	C	-0.75%
INGR	C	-0.73%
FCX	F	-0.71%
MKSI	C	-0.71%
CEG	C	-0.69%
OVV	B	-0.69%
ICUI	D	-0.67%
STX	C	-0.66%
WDC	D	-0.65%
LHX	C	-0.65%
PFE	F	-0.65%
CROX	D	-0.64%
J	D	-0.63%
CL	D	-0.63%
MOH	F	-0.63%
BALL	F	-0.62%
MUR	D	-0.61%
MRO	B	-0.59%
HOLX	D	-0.58%
KMX	B	-0.56%
EL	F	-0.56%
RGEN	D	-0.55%
POST	C	-0.55%
EME	A	-0.5%
AVNT	B	-0.5%
CNX	A	-0.5%
ECL	D	-0.5%
AVTR	F	-0.49%
NCLH	B	-0.48%
FSS	B	-0.47%
CLX	A	-0.46%
EXEL	B	-0.46%
SCCO	F	-0.45%
TPX	B	-0.44%
BMRN	F	-0.42%
CCK	D	-0.4%
MAS	D	-0.39%
SLGN	A	-0.38%
LTH	C	-0.37%
VMC	B	-0.36%
NSC	B	-0.35%
DD	C	-0.35%
CF	A	-0.34%
TRU	D	-0.34%
ZTS	D	-0.33%
IQV	F	-0.33%
GD	D	-0.33%
MSGS	A	-0.32%
VMI	B	-0.32%
AMAT	F	-0.31%
CI	D	-0.31%
XRAY	F	-0.31%
LKQ	F	-0.3%
HES	B	-0.3%
TWLO	A	-0.29%
BLD	D	-0.29%
MMS	F	-0.29%
CTRA	B	-0.27%
SO	C	-0.27%
EMR	B	-0.26%
ONTO	F	-0.26%
TXRH	B	-0.25%
ASH	F	-0.24%
BPMC	B	-0.24%
SYK	B	-0.23%
SKYW	C	-0.23%
WSM	C	-0.23%
ILMN	C	-0.22%
NFG	A	-0.22%
LEVI	F	-0.22%
ALLE	C	-0.21%
FLS	B	-0.21%
PSN	D	-0.21%
BAH	F	-0.2%
HIMS	B	-0.2%
EFX	F	-0.2%
COTY	F	-0.2%
MRVL	B	-0.2%
EW	C	-0.19%
TYL	B	-0.19%
CHDN	B	-0.18%
FOXA	A	-0.18%
H	B	-0.17%
GFS	C	-0.16%
GDDY	A	-0.16%
ACIW	B	-0.16%
ESI	B	-0.16%
EMN	C	-0.16%
ADMA	B	-0.15%
APPF	B	-0.15%
KTB	B	-0.15%
VTRS	A	-0.14%
VLTO	C	-0.14%
SHAK	C	-0.14%
RKLB	A	-0.13%
SWX	B	-0.13%
ISRG	A	-0.12%
INFA	D	-0.12%
TMO	F	-0.12%
PODD	C	-0.11%
GMED	A	-0.11%
CNI	F	-0.11%
IDXX	F	-0.11%
PNR	A	-0.1%
IPG	D	-0.1%
AWI	A	-0.09%
FCN	F	-0.09%
SEM	B	-0.09%
OLED	F	-0.09%
TPL	A	-0.09%
KEX	B	-0.09%
PEN	B	-0.09%
RGLD	C	-0.08%
PLXS	B	-0.08%
NOV	C	-0.08%
REGN	F	-0.08%
CHD	A	-0.07%
ABG	C	-0.07%
ROST	D	-0.06%
PRIM	A	-0.06%
SNDR	B	-0.05%
NXST	C	-0.05%
QTWO	A	-0.05%
FTDR	B	-0.04%
DTM	A	-0.04%
NTRA	A	-0.03%
MPWR	F	-0.03%
CMC	B	-0.03%
PWR	A	-0.02%
AOS	F	-0.02%
TER	F	-0.02%
DNB	B	-0.02%
BFAM	D	-0.02%
HSIC	C	-0.02%
APG	B	-0.02%
TTEK	F	-0.02%
BLDR	D	-0.02%
R	B	-0.01%
RUSHA	C	-0.01%
GEHC	D	-0.01%
IAC	F	-0.01%
SITM	B	-0.01%
DOX	D	-0.01%
ZBH	C	-0.01%
EHC	B	-0.01%
DVA	C	-0.01%
OPCH	D	-0.01%
CRVL	B	-0.0%