RNDV vs. SHRT ETF Comparison

Comparison of First Trust US Equity Dividend Select ETF (RNDV) to Gotham Short Strategies ETF (SHRT)

RNDV

First Trust US Equity Dividend Select ETF

RNDV Description

The US Equity Dividend Select ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq Riskalyze US Equity Dividend Select Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and is developed, maintained and sponsored by Riskalyze, Inc. (the "Index Provider").

Grade (RS Rating)

Last Trade

$34.72

Average Daily Volume

7,095

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	RNDV	SHRT
30 Days	0.09%	-7.59%
60 Days	2.01%	-8.76%
90 Days	4.31%	-8.43%
12 Months	25.40%	-6.99%

16 Overlapping Holdings

Symbol	Grade	Weight in RNDV	Weight in SHRT	Overlap
ABBV	D	1.02%	0.48%	0.48%
CF	B	0.35%	0.34%	0.34%
CI	F	0.61%	0.31%	0.31%
CTRA	B	0.68%	0.27%	0.27%
CVX	A	0.85%	1.31%	0.85%
EMN	D	0.4%	0.16%	0.16%
EMR	A	0.56%	0.26%	0.26%
EOG	A	0.58%	1.12%	0.58%
FMC	D	0.45%	1.45%	0.45%
HAS	D	1.63%	0.35%	0.35%
IPG	D	2.14%	0.1%	0.1%
KLAC	D	0.86%	0.8%	0.8%
LHX	C	0.48%	0.65%	0.48%
NSC	B	0.55%	0.35%	0.35%
TSN	B	0.74%	1.15%	0.74%
UPS	C	1.15%	0.8%	0.8%

RNDV Overweight 79 Positions Relative to SHRT

Symbol	Grade	Weight
HPQ	B	3.91%
IBM	C	3.57%
HPE	B	3.47%
VZ	C	3.4%
TXN	C	3.28%
GLW	B	3.05%
QCOM	F	2.43%
MCHP	D	2.41%
BEN	C	2.16%
ACN	C	2.01%
BMY	B	1.85%
ADI	D	1.81%
CMCSA	B	1.71%
CVS	D	1.57%
TROW	B	1.57%
BBY	D	1.55%
OMC	C	1.48%
PRU	A	1.43%
GPC	D	1.42%
APH	A	1.26%
NTRS	A	1.15%
MDT	D	1.11%
MTB	A	1.09%
JNJ	D	1.08%
PFG	D	1.05%
HD	A	1.02%
MCD	D	1.01%
GRMN	B	0.99%
MSFT	F	0.94%
MRK	F	0.92%
PM	B	0.91%
OKE	A	0.9%
MET	A	0.85%
CINF	A	0.85%
CAG	D	0.8%
LOW	D	0.77%
BLK	C	0.75%
KVUE	A	0.75%
DGX	A	0.74%
CAH	B	0.73%
NKE	D	0.72%
PAYX	C	0.72%
ABT	B	0.72%
KMB	D	0.7%
HRL	D	0.69%
SNA	A	0.69%
CME	A	0.67%
EG	C	0.64%
SWK	D	0.62%
GIS	D	0.61%
TRV	B	0.6%
CMI	A	0.6%
ITW	B	0.59%
K	A	0.58%
FAST	B	0.58%
AMCR	D	0.58%
AFL	B	0.58%
XOM	B	0.58%
CHRW	C	0.57%
UNH	C	0.56%
POOL	C	0.55%
BDX	F	0.55%
UNP	C	0.54%
ADP	B	0.51%
LMT	D	0.5%
EVRG	A	0.48%
O	D	0.48%
LEN	D	0.46%
PNW	B	0.45%
ES	D	0.43%
ETR	B	0.41%
MAA	B	0.4%
FRT	B	0.4%
EIX	B	0.39%
AEP	D	0.37%
ESS	B	0.36%
DLR	B	0.36%
APD	A	0.35%
AVB	B	0.32%

RNDV Underweight 184 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%
BIIB	F	-1.36%
CHWY	B	-1.34%
CRUS	D	-1.26%
SWKS	F	-1.21%
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%
UHS	D	-0.8%
TKO	B	-0.78%
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%
PFE	D	-0.65%
CROX	D	-0.64%
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%
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%
CCK	C	-0.4%
MAS	D	-0.39%
SLGN	A	-0.38%
LTH	C	-0.37%
VMC	B	-0.36%
DD	D	-0.35%
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%
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%
SO	D	-0.27%
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	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	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%
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%
AWI	A	-0.09%
FCN	D	-0.09%
SEM	B	-0.09%
OLED	D	-0.09%
TPL	A	-0.09%
KEX	C	-0.09%
PEN	B	-0.09%
SPOT	B	-0.08%
RGLD	C	-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%
QTWO	A	-0.05%
FTDR	A	-0.04%
DTM	B	-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%