FNY vs. SHRT ETF Comparison

Comparison of First Trust Mid Cap Growth AlphaDEX (FNY) to Gotham Short Strategies ETF (SHRT)

FNY

First Trust Mid Cap Growth AlphaDEX

FNY Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Mid Cap Growth Index (the "index"). The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P MidCap 400(R) Growth Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$87.32

Average Daily Volume

13,952

Number of Holdings ^*

214

* 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

$7.55

Average Daily Volume

2,487

Number of Holdings ^*

200

* may have additional holdings in another (foreign) market

Performance

Period	FNY	SHRT
30 Days	9.26%	-7.59%
60 Days	10.03%	-8.76%
90 Days	12.45%	-8.43%
12 Months	43.71%	-6.99%

40 Overlapping Holdings

Symbol	Grade	Weight in FNY	Weight in SHRT	Overlap
ACIW	B	0.76%	0.16%	0.16%
ALLE	D	0.4%	0.21%	0.21%
AOS	F	0.23%	0.02%	0.02%
APPF	B	0.14%	0.15%	0.14%
AWI	A	0.49%	0.09%	0.09%
BFAM	D	0.55%	0.02%	0.02%
BPMC	C	0.28%	0.24%	0.24%
CHDN	B	0.29%	0.18%	0.18%
CROX	D	0.28%	0.64%	0.28%
CRUS	D	0.35%	1.26%	0.35%
CRVL	A	0.62%	0.0%	0.0%
DTM	B	0.37%	0.04%	0.04%
DVA	B	0.68%	0.01%	0.01%
EHC	B	0.58%	0.01%	0.01%
ELAN	D	0.13%	1.13%	0.13%
ESI	A	0.15%	0.16%	0.15%
EXEL	B	0.75%	0.46%	0.46%
FCN	D	0.24%	0.09%	0.09%
FLS	B	0.49%	0.21%	0.21%
FSS	B	0.55%	0.47%	0.47%
GMED	A	0.65%	0.11%	0.11%
GTLS	B	0.19%	1.08%	0.19%
H	B	0.14%	0.17%	0.14%
HALO	F	0.42%	0.44%	0.42%
HIMS	B	0.65%	0.2%	0.2%
KEX	C	0.59%	0.09%	0.09%
KTB	B	0.79%	0.15%	0.15%
LTH	C	0.7%	0.37%	0.37%
LYFT	C	0.19%	0.13%	0.13%
MSGS	A	0.3%	0.32%	0.3%
MTCH	D	0.34%	0.02%	0.02%
NCLH	B	0.54%	0.48%	0.48%
NTRA	B	0.86%	0.03%	0.03%
PODD	C	0.63%	0.11%	0.11%
PSN	D	0.64%	0.21%	0.21%
QTWO	A	0.86%	0.05%	0.05%
RGLD	C	0.15%	0.08%	0.08%
TKO	B	0.57%	0.78%	0.57%
TTEK	F	0.62%	0.02%	0.02%
TXRH	C	0.63%	0.25%	0.25%

FNY Overweight 174 Positions Relative to SHRT

Symbol	Grade	Weight
AFRM	B	1.08%
SOFI	A	1.0%
SFM	A	0.91%
AX	A	0.9%
ALSN	B	0.87%
PIPR	B	0.84%
FIX	A	0.82%
SFBS	B	0.82%
CORT	B	0.81%
RDNT	B	0.81%
CRS	A	0.8%
TOST	B	0.8%
FOUR	B	0.8%
HLNE	B	0.8%
CSWI	A	0.79%
ITRI	B	0.77%
DUOL	A	0.77%
KNF	A	0.76%
COHR	B	0.76%
CW	B	0.76%
MOG.A	B	0.76%
CVLT	B	0.76%
IBKR	A	0.74%
IOT	A	0.73%
ENSG	D	0.71%
EWBC	A	0.71%
DY	D	0.7%
AAON	B	0.69%
AIT	A	0.68%
MOD	A	0.67%
EXLS	B	0.66%
HLI	B	0.66%
PEGA	A	0.66%
COKE	C	0.65%
TPG	A	0.65%
CACI	D	0.63%
FFIN	B	0.63%
SLG	B	0.62%
FRPT	B	0.62%
RL	B	0.61%
MMSI	B	0.6%
GWRE	A	0.6%
ATI	D	0.6%
ITGR	B	0.59%
AUR	C	0.59%
EXP	A	0.59%
ADC	B	0.58%
ANF	C	0.58%
ITT	A	0.58%
BOOT	D	0.57%
AVAV	D	0.56%
BCO	D	0.56%
CRDO	B	0.56%
CBT	C	0.55%
BMI	B	0.55%
EPRT	B	0.55%
DOCU	A	0.54%
HRB	D	0.54%
PLNT	A	0.51%
BRBR	A	0.51%
AYI	B	0.5%
KAI	A	0.5%
IBOC	A	0.5%
SMG	D	0.49%
LNTH	D	0.49%
BWXT	B	0.49%
HOMB	A	0.48%
PRI	A	0.48%
ONB	B	0.48%
WHD	B	0.47%
S	B	0.47%
IBP	D	0.47%
PI	D	0.46%
FFIV	B	0.46%
SCI	B	0.46%
ZETA	D	0.46%
HASI	D	0.45%
TW	A	0.45%
RYAN	B	0.45%
AXSM	B	0.44%
BOX	B	0.44%
CNS	B	0.44%
CLH	B	0.43%
BDC	B	0.43%
DT	C	0.42%
AZEK	A	0.42%
WWD	B	0.42%
DKS	C	0.41%
OHI	C	0.41%
SBRA	C	0.41%
NYT	C	0.4%
WYNN	D	0.4%
INSM	C	0.39%
OLLI	D	0.39%
RNA	D	0.38%
VRNS	D	0.37%
CFR	B	0.35%
INSP	D	0.35%
PCTY	B	0.34%
RVMD	C	0.34%
CBSH	A	0.34%
ESAB	B	0.33%
GME	C	0.33%
WING	D	0.33%
RARE	D	0.33%
WTM	A	0.32%
ITCI	C	0.32%
RLI	B	0.32%
CWST	A	0.31%
AXTA	A	0.31%
RUN	F	0.31%
MKTX	D	0.3%
BRX	A	0.3%
GKOS	B	0.3%
BCPC	B	0.29%
KRG	B	0.29%
REG	B	0.29%
EEFT	B	0.29%
AES	F	0.29%
TMDX	F	0.29%
ORA	B	0.29%
IRT	A	0.29%
RHP	B	0.29%
DBX	B	0.29%
ATR	B	0.29%
BLKB	B	0.28%
CTRE	D	0.28%
KNSL	B	0.28%
LAMR	D	0.27%
GPK	C	0.27%
GAP	C	0.27%
CPT	B	0.27%
CUBE	D	0.26%
AGNC	D	0.26%
EXPO	D	0.24%
VRRM	D	0.23%
FND	C	0.23%
CLSK	C	0.2%
PAYC	B	0.19%
GH	B	0.18%
OWL	A	0.17%
MASI	A	0.17%
DAY	B	0.17%
KD	B	0.17%
MARA	C	0.16%
CHH	A	0.16%
TRMB	B	0.16%
LOPE	B	0.16%
GATX	A	0.16%
NTNX	A	0.16%
AM	A	0.15%
DCI	B	0.15%
MORN	B	0.15%
CRNX	C	0.15%
MAIN	A	0.15%
RBC	A	0.15%
GOLF	B	0.15%
IPAR	B	0.14%
ROIV	C	0.14%
NEU	C	0.14%
UDR	B	0.14%
CNM	D	0.14%
LNW	D	0.14%
NNN	D	0.13%
CHE	D	0.13%
EGP	F	0.13%
MEDP	D	0.13%
SSD	D	0.13%
FR	C	0.13%
TECH	D	0.12%
U	C	0.11%
TDW	F	0.1%
BRKR	D	0.1%
LCID	F	0.09%

FNY Underweight 160 Positions Relative to SHRT

Symbol	Grade	Weight
GM	B	-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%
SWKS	F	-1.21%
TSN	B	-1.15%
EOG	A	-1.12%
RVTY	F	-1.12%
PPC	C	-1.09%
QGEN	D	-1.01%
ZBRA	B	-1.0%
WBA	F	-0.92%
JBHT	C	-0.9%
QRVO	F	-0.88%
LII	A	-0.84%
MATX	C	-0.83%
MU	D	-0.82%
CHTR	C	-0.82%
JCI	C	-0.81%
NOC	D	-0.81%
MTZ	B	-0.8%
D	C	-0.8%
KLAC	D	-0.8%
UPS	C	-0.8%
UHS	D	-0.8%
CTLT	B	-0.75%
INGR	B	-0.73%
FCX	D	-0.71%
MKSI	C	-0.71%
CEG	D	-0.69%
OVV	B	-0.69%
ICUI	D	-0.67%
STX	D	-0.66%
WDC	D	-0.65%
LHX	C	-0.65%
PFE	D	-0.65%
J	F	-0.63%
CL	D	-0.63%
MOH	F	-0.63%
BALL	D	-0.62%
MUR	D	-0.61%
MRO	B	-0.59%
HOLX	D	-0.58%
ENPH	F	-0.57%
KMX	B	-0.56%
EL	F	-0.56%
RGEN	D	-0.55%
POST	C	-0.55%
ANET	C	-0.51%
EME	C	-0.5%
AVNT	B	-0.5%
CNX	A	-0.5%
ECL	D	-0.5%
AVTR	F	-0.49%
ABBV	D	-0.48%
CLX	B	-0.46%
SCCO	F	-0.45%
TPX	B	-0.44%
GNRC	B	-0.43%
BMRN	D	-0.42%
CCK	C	-0.4%
MAS	D	-0.39%
SLGN	A	-0.38%
VMC	B	-0.36%
HAS	D	-0.35%
NSC	B	-0.35%
DD	D	-0.35%
CF	B	-0.34%
TRU	D	-0.34%
ZTS	D	-0.33%
IQV	D	-0.33%
GD	F	-0.33%
VMI	B	-0.32%
AMAT	F	-0.31%
CI	F	-0.31%
XRAY	F	-0.31%
JAZZ	B	-0.3%
LKQ	D	-0.3%
HES	B	-0.3%
TWLO	A	-0.29%
BLD	D	-0.29%
MMS	F	-0.29%
CTRA	B	-0.27%
SO	D	-0.27%
EMR	A	-0.26%
UI	A	-0.26%
ONTO	D	-0.26%
ASH	D	-0.24%
SYK	C	-0.23%
SKYW	B	-0.23%
WSM	B	-0.23%
ILMN	D	-0.22%
NFG	A	-0.22%
LEVI	F	-0.22%
BAH	F	-0.2%
EFX	F	-0.2%
COTY	F	-0.2%
MRVL	B	-0.2%
EW	C	-0.19%
TYL	B	-0.19%
FOXA	B	-0.18%
NBIX	C	-0.17%
ALKS	B	-0.17%
GFS	C	-0.16%
GDDY	A	-0.16%
EMN	D	-0.16%
ADMA	B	-0.15%
VTRS	A	-0.14%
VLTO	D	-0.14%
SHAK	C	-0.14%
RKLB	B	-0.13%
SWX	B	-0.13%
ISRG	A	-0.12%
INFA	D	-0.12%
TMO	F	-0.12%
CNI	D	-0.11%
IDXX	F	-0.11%
PNR	A	-0.1%
IPG	D	-0.1%
SEM	B	-0.09%
OLED	D	-0.09%
TPL	A	-0.09%
PEN	B	-0.09%
SPOT	B	-0.08%
PLXS	B	-0.08%
IGT	F	-0.08%
NOV	C	-0.08%
REGN	F	-0.08%
PTC	A	-0.07%
CHD	B	-0.07%
CWAN	B	-0.07%
ABG	B	-0.07%
VRSN	F	-0.07%
ROST	C	-0.06%
PRIM	A	-0.06%
SNDR	B	-0.05%
NXST	C	-0.05%
FTDR	A	-0.04%
MPWR	F	-0.03%
UBER	D	-0.03%
CMC	B	-0.03%
PWR	A	-0.02%
TER	D	-0.02%
DNB	B	-0.02%
HSIC	B	-0.02%
APG	B	-0.02%
BLDR	D	-0.02%
R	B	-0.01%
RUSHA	C	-0.01%
GEHC	F	-0.01%
IAC	D	-0.01%
SITM	B	-0.01%
DOX	D	-0.01%
ZBH	C	-0.01%
OPCH	D	-0.01%