IGE vs. SHRT ETF Comparison

Comparison of iShares North American Natural Resources ETF (IGE) to Gotham Short Strategies ETF (SHRT)

IGE

iShares North American Natural Resources ETF

IGE Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P North American Natural Resources Sector IndexTM (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of U.S.-traded stocks of natural resource-related companies in the United States and Canada. Components primarily include energy, materials, metals and mining and oil and gas companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$48.01

Average Daily Volume

117,333

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

$7.55

Average Daily Volume

2,487

Number of Holdings ^*

200

* may have additional holdings in another (foreign) market

Performance

Period	IGE	SHRT
30 Days	6.08%	-7.59%
60 Days	7.98%	-8.76%
90 Days	7.74%	-8.43%
12 Months	22.56%	-6.99%

18 Overlapping Holdings

Symbol	Grade	Weight in IGE	Weight in SHRT	Overlap
BALL	D	0.7%	0.62%	0.62%
CCK	C	0.4%	0.4%	0.4%
CNX	A	0.21%	0.5%	0.21%
CTRA	B	0.7%	0.27%	0.27%
CVX	A	10.13%	1.31%	1.31%
DTM	B	0.36%	0.04%	0.04%
EOG	A	2.84%	1.12%	1.12%
FCX	D	2.3%	0.71%	0.71%
HES	B	1.48%	0.3%	0.3%
LPX	B	0.26%	1.65%	0.26%
MRO	B	0.6%	0.59%	0.59%
MUR	D	0.17%	0.61%	0.17%
NOV	C	0.24%	0.08%	0.08%
OVV	B	0.44%	0.69%	0.44%
RGLD	C	0.34%	0.08%	0.08%
SLGN	A	0.16%	0.38%	0.16%
TPL	A	0.95%	0.09%	0.09%
VMC	B	1.38%	0.36%	0.36%

IGE Overweight 81 Positions Relative to SHRT

Symbol	Grade	Weight
XOM	B	9.88%
COP	C	4.5%
WMB	A	2.5%
OKE	A	2.33%
SLB	C	2.28%
PSX	C	2.01%
MPC	D	1.96%
KMI	A	1.91%
LNG	B	1.76%
NEM	D	1.73%
VLO	C	1.66%
BKR	B	1.59%
TRGP	B	1.55%
MLM	B	1.33%
OXY	D	1.26%
FANG	D	1.26%
HAL	C	0.98%
EQT	B	0.94%
SW	A	0.92%
DVN	F	0.91%
PKG	A	0.78%
EXE	B	0.73%
IP	B	0.73%
AVY	D	0.6%
AMCR	D	0.54%
FTI	A	0.45%
ATR	B	0.43%
AA	B	0.39%
EXP	A	0.38%
PR	B	0.36%
AR	B	0.33%
APA	D	0.31%
GPK	C	0.31%
CHRD	D	0.3%
RRC	B	0.3%
BERY	B	0.28%
MTDR	B	0.25%
DINO	D	0.25%
WFRD	D	0.23%
CHX	C	0.22%
SUM	B	0.21%
KNF	A	0.2%
SM	B	0.19%
AM	A	0.19%
MGY	A	0.19%
VNOM	A	0.19%
NE	C	0.18%
SON	D	0.18%
CIVI	D	0.17%
WHD	B	0.16%
SEE	C	0.16%
AROC	B	0.15%
CRC	A	0.15%
NOG	A	0.15%
BTU	B	0.13%
RIG	D	0.13%
HL	D	0.13%
CEIX	A	0.12%
HP	B	0.12%
VAL	D	0.12%
LBRT	D	0.11%
SLVM	B	0.11%
PTEN	C	0.11%
UEC	B	0.11%
PBF	D	0.11%
TDW	F	0.09%
OI	C	0.08%
GPOR	B	0.08%
MP	B	0.08%
KOS	F	0.07%
WKC	D	0.06%
INSW	F	0.06%
GEF	A	0.06%
CRK	B	0.05%
AESI	B	0.05%
XPRO	F	0.05%
KGS	B	0.04%
NFE	D	0.04%
PTVE	B	0.02%
CVI	F	0.02%
MAGN	F	0.01%

IGE Underweight 182 Positions Relative to SHRT

Symbol	Grade	Weight
GM	B	-2.09%
TGT	F	-2.05%
THC	D	-1.9%
LRCX	F	-1.84%
FMC	D	-1.45%
BIIB	F	-1.36%
CHWY	B	-1.34%
CRUS	D	-1.26%
SWKS	F	-1.21%
TSN	B	-1.15%
ELAN	D	-1.13%
RVTY	F	-1.12%
PPC	C	-1.09%
GTLS	B	-1.08%
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%
TKO	B	-0.78%
CTLT	B	-0.75%
INGR	B	-0.73%
MKSI	C	-0.71%
CEG	D	-0.69%
ICUI	D	-0.67%
STX	D	-0.66%
WDC	D	-0.65%
LHX	C	-0.65%
PFE	D	-0.65%
CROX	D	-0.64%
J	F	-0.63%
CL	D	-0.63%
MOH	F	-0.63%
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%
ECL	D	-0.5%
AVTR	F	-0.49%
ABBV	D	-0.48%
NCLH	B	-0.48%
FSS	B	-0.47%
CLX	B	-0.46%
EXEL	B	-0.46%
SCCO	F	-0.45%
TPX	B	-0.44%
HALO	F	-0.44%
GNRC	B	-0.43%
BMRN	D	-0.42%
MAS	D	-0.39%
LTH	C	-0.37%
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%
MSGS	A	-0.32%
VMI	B	-0.32%
AMAT	F	-0.31%
CI	F	-0.31%
XRAY	F	-0.31%
JAZZ	B	-0.3%
LKQ	D	-0.3%
TWLO	A	-0.29%
BLD	D	-0.29%
MMS	F	-0.29%
SO	D	-0.27%
EMR	A	-0.26%
UI	A	-0.26%
ONTO	D	-0.26%
TXRH	C	-0.25%
ASH	D	-0.24%
BPMC	C	-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%
ALLE	D	-0.21%
FLS	B	-0.21%
PSN	D	-0.21%
BAH	F	-0.2%
HIMS	C	-0.2%
EFX	F	-0.2%
COTY	F	-0.2%
MRVL	B	-0.2%
EW	C	-0.19%
TYL	C	-0.19%
CHDN	B	-0.18%
FOXA	B	-0.18%
H	B	-0.17%
NBIX	C	-0.17%
ALKS	B	-0.17%
GFS	C	-0.16%
GDDY	A	-0.16%
ACIW	B	-0.16%
ESI	A	-0.16%
EMN	D	-0.16%
ADMA	B	-0.15%
APPF	B	-0.15%
KTB	B	-0.15%
VTRS	A	-0.14%
VLTO	D	-0.14%
SHAK	C	-0.14%
RKLB	B	-0.13%
SWX	B	-0.13%
LYFT	C	-0.13%
ISRG	A	-0.12%
INFA	D	-0.12%
TMO	F	-0.12%
PODD	C	-0.11%
GMED	A	-0.11%
CNI	D	-0.11%
IDXX	F	-0.11%
PNR	A	-0.1%
IPG	D	-0.1%
AWI	A	-0.09%
FCN	D	-0.09%
SEM	B	-0.09%
OLED	D	-0.09%
KEX	C	-0.09%
PEN	B	-0.09%
SPOT	B	-0.08%
PLXS	B	-0.08%
IGT	F	-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%
QTWO	A	-0.05%
FTDR	A	-0.04%
NTRA	B	-0.03%
MPWR	F	-0.03%
UBER	D	-0.03%
CMC	B	-0.03%
PWR	A	-0.02%
AOS	F	-0.02%
TER	D	-0.02%
DNB	B	-0.02%
BFAM	D	-0.02%
HSIC	B	-0.02%
APG	B	-0.02%
MTCH	D	-0.02%
TTEK	F	-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%
EHC	B	-0.01%
DVA	B	-0.01%
OPCH	D	-0.01%
CRVL	A	-0.0%