SCHJ vs. SHRT ETF Comparison

Comparison of HCM Defender 500 Index ETF (SCHJ) to Gotham Short Strategies ETF (SHRT)

SCHJ

HCM Defender 500 Index ETF

SCHJ Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Bloomberg Barclays US 1-5 Year Corporate Bond Index. To pursue its goal, the fund generally invests in securities that are included in the index. The index measures the performance of U.S. investment grade, taxable corporate bonds with maturities greater than or equal to one year and less than five years that have $300 million or more of outstanding face value. It is the fund's policy that under normal circumstances it will invest at least 90% of its net assets in securities included in the index.

Grade (RS Rating)

Last Trade

$24.40

Average Daily Volume

94,728

Number of Holdings ^*

436

* 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

$7.69

Average Daily Volume

2,415

Number of Holdings ^*

219

* may have additional holdings in another (foreign) market

Performance

Period	SCHJ	SHRT
30 Days	-0.56%	-6.11%
60 Days	-0.86%	-7.13%
90 Days	0.51%	-7.13%
12 Months	7.13%	-5.90%

63 Overlapping Holdings

Symbol	Grade	Weight in SCHJ	Weight in SHRT	Overlap
A	F	0.02%	0.05%	0.02%
ALLE	D	0.02%	0.19%	0.02%
AMAT	F	0.04%	1.5%	0.04%
BDX	F	0.05%	0.95%	0.05%
BIIB	F	0.1%	0.69%	0.1%
BWA	B	0.03%	0.8%	0.03%
CF	B	0.02%	0.09%	0.02%
CHTR	B	0.06%	0.71%	0.06%
CI	D	0.02%	0.23%	0.02%
CL	F	0.0%	0.6%	0.0%
CLX	A	0.03%	0.14%	0.03%
CSX	B	0.01%	0.09%	0.01%
D	D	0.02%	0.64%	0.02%
DG	F	0.03%	0.0%	0.0%
DVN	F	0.02%	1.48%	0.02%
EBAY	C	0.03%	0.07%	0.03%
EFX	F	0.01%	0.19%	0.01%
EL	F	0.02%	0.49%	0.02%
EOG	A	0.02%	0.11%	0.02%
GD	C	0.02%	0.31%	0.02%
GE	D	0.03%	0.02%	0.02%
GM	B	0.01%	1.68%	0.01%
H	B	0.02%	0.37%	0.02%
HAS	D	0.03%	0.26%	0.03%
HES	B	0.02%	0.03%	0.02%
JBHT	C	0.04%	0.78%	0.04%
KLAC	F	0.07%	0.77%	0.07%
LHX	B	0.03%	0.41%	0.03%
LII	B	0.03%	0.65%	0.03%
LRCX	F	0.01%	1.72%	0.01%
LYB	F	0.02%	0.54%	0.02%
MO	A	0.02%	0.75%	0.02%
MPC	D	0.03%	0.64%	0.03%
MRVL	B	0.02%	0.18%	0.02%
MU	D	0.03%	1.5%	0.03%
NFG	D	0.01%	0.19%	0.01%
NOC	D	0.04%	0.68%	0.04%
NSC	B	0.0%	0.46%	0.0%
PFE	F	0.03%	0.39%	0.03%
QCOM	F	0.02%	0.06%	0.02%
R	B	0.02%	0.01%	0.01%
ROST	D	0.02%	0.13%	0.02%
RSG	B	0.01%	0.01%	0.01%
SCCO	F	0.0%	0.35%	0.0%
SLB	C	0.02%	0.04%	0.02%
STZ	D	0.02%	0.05%	0.02%
SWK	F	0.03%	0.42%	0.03%
SWKS	F	0.03%	1.19%	0.03%
SYK	A	0.02%	0.17%	0.02%
SYY	D	0.02%	0.06%	0.02%
TGT	C	0.05%	1.93%	0.05%
TMO	F	0.03%	0.98%	0.03%
TSN	B	0.02%	0.97%	0.02%
TT	B	0.03%	0.21%	0.03%
UHS	D	0.04%	0.76%	0.04%
UNP	D	0.0%	0.42%	0.0%
UPS	C	0.02%	0.75%	0.02%
VMC	B	0.03%	0.11%	0.03%
VRSN	C	0.03%	0.06%	0.03%
WBA	D	0.06%	0.68%	0.06%
WLK	F	0.04%	0.03%	0.03%
ZBH	C	0.01%	0.01%	0.01%
ZTS	D	0.02%	0.26%	0.02%

SCHJ Overweight 373 Positions Relative to SHRT

Symbol	Grade	Weight
HPQ	B	0.1%
CARR	C	0.1%
MDT	D	0.1%
COP	C	0.09%
BABA	D	0.09%
DD	D	0.09%
V	A	0.09%
TAP	B	0.08%
OTIS	D	0.07%
CME	B	0.07%
BLK	A	0.07%
STLA	F	0.07%
GILD	B	0.07%
NI	A	0.06%
TMUS	A	0.06%
ORCL	A	0.06%
ETN	B	0.05%
KO	F	0.05%
RF	A	0.05%
MCHP	F	0.05%
SJM	F	0.05%
EMN	D	0.05%
ADP	A	0.05%
SF	A	0.05%
HRL	F	0.05%
ATO	B	0.05%
VRSK	A	0.05%
BERY	D	0.05%
SYF	B	0.05%
DLTR	F	0.05%
MRK	F	0.05%
GS	B	0.05%
MSFT	C	0.05%
ITW	B	0.04%
SPGI	C	0.04%
DXC	B	0.04%
NTRS	A	0.04%
CMA	A	0.04%
BHP	F	0.04%
PPL	A	0.04%
FDX	B	0.04%
MLM	B	0.04%
DOW	F	0.04%
VFC	C	0.04%
PH	A	0.04%
MA	B	0.04%
HON	B	0.04%
MOS	D	0.04%
RPRX	F	0.04%
FOXA	A	0.04%
JEF	B	0.04%
GSK	F	0.04%
LUV	B	0.04%
DIS	B	0.04%
SBUX	B	0.04%
AXP	B	0.04%
HCA	D	0.04%
AIG	B	0.04%
AMZN	A	0.04%
AAPL	C	0.04%
DELL	C	0.04%
AMCR	D	0.03%
TPR	A	0.03%
FAF	C	0.03%
KEYS	C	0.03%
HP	C	0.03%
THG	A	0.03%
DLR	C	0.03%
EA	A	0.03%
PHM	D	0.03%
IFF	F	0.03%
EMR	A	0.03%
EQR	C	0.03%
KMPR	A	0.03%
MAIN	A	0.03%
TEL	B	0.03%
RL	B	0.03%
GP	F	0.03%
ORI	A	0.03%
TME	F	0.03%
GWW	B	0.03%
FTNT	B	0.03%
BC	D	0.03%
JBL	C	0.03%
ED	D	0.03%
SNX	C	0.03%
AN	C	0.03%
LDOS	C	0.03%
MHK	D	0.03%
WB	F	0.03%
BAX	F	0.03%
CE	F	0.03%
FRT	B	0.03%
OPI	F	0.03%
FTV	C	0.03%
JD	C	0.03%
MSI	B	0.03%
AWH	F	0.03%
JCI	A	0.03%
IP	B	0.03%
PVH	C	0.03%
JHG	A	0.03%
VNT	C	0.03%
BKU	A	0.03%
CNO	B	0.03%
KEY	B	0.03%
ALL	B	0.03%
MKC	D	0.03%
DGX	B	0.03%
FANG	C	0.03%
EVRG	A	0.03%
AVT	C	0.03%
ALLY	C	0.03%
MDLZ	F	0.03%
HAL	C	0.03%
VLO	C	0.03%
WMB	B	0.03%
LVS	C	0.03%
EPD	A	0.03%
EXC	C	0.03%
NVDA	A	0.03%
FIS	B	0.03%
GOOGL	C	0.03%
PYPL	A	0.03%
ARCC	A	0.03%
BIDU	F	0.03%
USB	B	0.03%
CSCO	A	0.03%
HPE	B	0.03%
IBM	D	0.03%
WMT	A	0.03%
XOM	B	0.03%
C	B	0.03%
ABBV	F	0.03%
HSBC	B	0.03%
MS	A	0.03%
BAC	A	0.03%
TSLX	D	0.02%
TCPC	C	0.02%
FNB	B	0.02%
VLY	B	0.02%
SNV	B	0.02%
WAL	B	0.02%
ADI	D	0.02%
AIZ	A	0.02%
APD	B	0.02%
DOV	A	0.02%
LEG	F	0.02%
RGA	A	0.02%
KSS	D	0.02%
SBRA	C	0.02%
OCSL	D	0.02%
EQH	B	0.02%
GXO	B	0.02%
HTGC	D	0.02%
NEU	C	0.02%
BCSF	A	0.02%
CTVA	C	0.02%
PSEC	F	0.02%
AGO	B	0.02%
RNR	D	0.02%
TRMB	B	0.02%
ADM	F	0.02%
KRC	C	0.02%
TKR	F	0.02%
OC	A	0.02%
ADSK	B	0.02%
JNPR	D	0.02%
RS	C	0.02%
PNW	A	0.02%
ILMN	C	0.02%
G	B	0.02%
HRB	D	0.02%
RPM	A	0.02%
GBDC	B	0.02%
FHN	A	0.02%
STLD	C	0.02%
DAL	A	0.02%
LLY	F	0.02%
LNC	B	0.02%
LNT	C	0.02%
HOG	D	0.02%
UNM	A	0.02%
PKG	B	0.02%
HUBB	C	0.02%
LAZ	C	0.02%
BR	A	0.02%
GSBD	F	0.02%
TDY	B	0.02%
BKH	A	0.02%
VOYA	B	0.02%
SLG	C	0.02%
PFG	C	0.02%
NUE	D	0.02%
WPC	F	0.02%
WM	A	0.02%
ROK	B	0.02%
INTU	A	0.02%
BG	D	0.02%
NTAP	D	0.02%
L	A	0.02%
KR	A	0.02%
SHW	A	0.02%
AON	B	0.02%
KMB	D	0.02%
HII	F	0.02%
MCO	C	0.02%
ARE	F	0.02%
DHI	D	0.02%
CNP	B	0.02%
CNA	C	0.02%
NNN	F	0.02%
UAL	A	0.02%
EQIX	B	0.02%
WEC	B	0.02%
AWK	D	0.02%
TJX	A	0.02%
CAH	B	0.02%
HBAN	A	0.02%
SRE	B	0.02%
XEL	A	0.02%
MMM	C	0.02%
WAB	B	0.02%
SITC	F	0.02%
ORLY	A	0.02%
CFG	B	0.02%
NDAQ	B	0.02%
LEN	D	0.02%
EXPE	B	0.02%
BKNG	A	0.02%
PEG	C	0.02%
ABT	C	0.02%
AMP	A	0.02%
LH	B	0.02%
AGR	C	0.02%
PM	B	0.02%
K	A	0.02%
ETR	B	0.02%
CNH	D	0.02%
MET	C	0.02%
NXPI	F	0.02%
SPG	A	0.02%
HST	D	0.02%
GLPI	D	0.02%
CRM	B	0.02%
GPN	B	0.02%
CAT	B	0.02%
CM	A	0.02%
DUK	D	0.02%
ICE	C	0.02%
AL	B	0.02%
MMC	D	0.02%
RTX	D	0.02%
VOD	F	0.02%
PG	C	0.02%
AVGO	C	0.02%
KDP	C	0.02%
PNC	B	0.02%
MAR	A	0.02%
BXP	D	0.02%
AER	B	0.02%
BNS	A	0.02%
DB	D	0.02%
OMC	A	0.02%
PEP	D	0.02%
CB	C	0.02%
PCG	A	0.02%
TFC	B	0.02%
LMT	D	0.02%
DFS	B	0.02%
VZ	D	0.02%
BMY	B	0.02%
JNJ	D	0.02%
RY	C	0.02%
MUFG	A	0.02%
CVX	A	0.02%
NWG	B	0.02%
INTC	C	0.02%
WFC	A	0.02%
JPM	A	0.02%
CHD	A	0.01%
NEM	F	0.01%
BEN	C	0.01%
VNO	C	0.01%
FE	D	0.01%
BRO	B	0.01%
ALB	C	0.01%
PDM	D	0.01%
ARW	F	0.01%
CSL	B	0.01%
OGE	B	0.01%
MAA	C	0.01%
O	D	0.01%
OHI	C	0.01%
ROP	A	0.01%
AEP	D	0.01%
AFL	C	0.01%
CP	F	0.01%
DHR	F	0.01%
NKE	F	0.01%
WEST	D	0.01%
MTB	A	0.01%
ES	D	0.01%
PSA	D	0.01%
AVB	B	0.01%
CPB	F	0.01%
PPG	F	0.01%
HSY	F	0.01%
AMG	B	0.01%
OGS	B	0.01%
PAA	C	0.01%
APTV	F	0.01%
HUM	D	0.01%
MCK	B	0.01%
ADBE	C	0.01%
KMI	B	0.01%
VTR	C	0.01%
SCHW	B	0.01%
PRU	B	0.01%
CAG	F	0.01%
GIS	F	0.01%
DTE	D	0.01%
LOW	B	0.01%
STT	B	0.01%
CCI	F	0.01%
FITB	A	0.01%
HD	B	0.01%
BK	B	0.01%
PSX	C	0.01%
UNH	B	0.01%
AMGN	F	0.01%
BMO	A	0.01%
TD	D	0.01%
AMT	F	0.01%
COF	B	0.01%
AZN	F	0.01%
MCD	C	0.01%
CVS	F	0.01%
T	A	0.01%
CMCSA	B	0.01%
BA	F	0.01%
FCNCA	B	0.0%
CTRA	B	0.0%
COST	B	0.0%
CMS	D	0.0%
AEE	B	0.0%
CMI	A	0.0%
PCAR	B	0.0%
KIM	A	0.0%
WHR	B	0.0%
FLEX	B	0.0%
CUBE	D	0.0%
APH	B	0.0%
AZO	B	0.0%
ESS	C	0.0%
BDN	D	0.0%
BRX	A	0.0%
WU	F	0.0%
IVZ	B	0.0%
TXT	D	0.0%
TXN	B	0.0%
LIN	D	0.0%
OKE	A	0.0%
WELL	B	0.0%
BSX	A	0.0%
EIX	C	0.0%
AES	F	0.0%
DOC	C	0.0%
FSK	A	0.0%
MPLX	A	0.0%
DE	D	0.0%
SO	D	0.0%
NEE	D	0.0%

SCHJ Underweight 156 Positions Relative to SHRT

Symbol	Grade	Weight
LPX	A	-1.95%
NRG	C	-1.68%
THC	B	-1.66%
FMC	F	-1.54%
CHWY	B	-1.48%
MTZ	B	-1.42%
CRUS	F	-1.28%
MIDD	D	-1.13%
MUR	D	-1.12%
ELAN	C	-1.12%
RGEN	C	-1.0%
RVTY	C	-0.99%
QGEN	D	-0.96%
PPC	C	-0.95%
MRO	B	-0.95%
QRVO	F	-0.89%
ALKS	C	-0.78%
AXTA	A	-0.77%
IDXX	F	-0.76%
SMG	D	-0.76%
MKSI	C	-0.75%
TKO	D	-0.74%
ENPH	F	-0.71%
AVTR	F	-0.71%
HALO	C	-0.71%
WDAY	B	-0.7%
CTLT	D	-0.69%
WAT	B	-0.69%
FCX	F	-0.69%
J	D	-0.66%
WDC	D	-0.63%
MOH	F	-0.63%
STX	D	-0.61%
MATX	B	-0.59%
XRAY	F	-0.59%
ICUI	D	-0.57%
ADMA	C	-0.56%
INGR	B	-0.56%
HOLX	D	-0.55%
BALL	D	-0.54%
NWSA	B	-0.54%
POST	D	-0.52%
ISRG	A	-0.5%
KMX	B	-0.48%
GRMN	A	-0.48%
RRX	B	-0.43%
IQV	F	-0.43%
FSS	C	-0.38%
CCK	D	-0.38%
AVNT	B	-0.37%
MSGS	B	-0.37%
ZBRA	B	-0.33%
ECL	C	-0.33%
TRU	D	-0.32%
MMS	F	-0.32%
GFS	C	-0.31%
SLGN	B	-0.31%
DAR	B	-0.3%
LTH	D	-0.3%
WSM	F	-0.29%
TPX	B	-0.28%
ASH	F	-0.27%
BMRN	F	-0.26%
ONTO	F	-0.26%
QLYS	B	-0.25%
JAZZ	B	-0.24%
CMC	B	-0.24%
COTY	D	-0.24%
UI	B	-0.22%
GOLF	B	-0.22%
NCLH	B	-0.22%
TWLO	B	-0.22%
CROX	F	-0.22%
BAH	C	-0.21%
LKQ	C	-0.21%
PNR	A	-0.2%
VMI	B	-0.2%
LEVI	F	-0.2%
CRS	B	-0.19%
MAS	D	-0.18%
OXY	F	-0.17%
SGBX	F	-0.17%
TYL	B	-0.17%
UTHR	B	-0.16%
MTD	F	-0.16%
COKE	C	-0.15%
NBIX	C	-0.15%
WFG	C	-0.14%
CCL	B	-0.13%
CNX	B	-0.13%
TXRH	A	-0.13%
IGT	F	-0.12%
SWX	B	-0.12%
VLTO	D	-0.12%
GNRC	B	-0.12%
FIX	B	-0.11%
EME	B	-0.11%
PSN	C	-0.1%
IPG	F	-0.1%
GDDY	B	-0.1%
EXEL	B	-0.1%
APPF	B	-0.1%
CNI	F	-0.1%
CHDN	B	-0.1%
RKLB	B	-0.09%
FLS	B	-0.09%
IAC	F	-0.09%
ACIW	B	-0.09%
OVV	C	-0.09%
SM	C	-0.09%
TFX	F	-0.09%
STE	D	-0.08%
REGN	F	-0.08%
ESI	B	-0.07%
FCN	F	-0.07%
ALGN	D	-0.06%
NOV	C	-0.05%
AIT	A	-0.05%
TPL	B	-0.05%
KWR	C	-0.05%
BPMC	C	-0.04%
TTC	F	-0.04%
AWI	B	-0.04%
OGN	F	-0.03%
GEHC	D	-0.03%
SITM	B	-0.03%
KTB	A	-0.03%
BIO	C	-0.03%
AOS	F	-0.03%
SHAK	C	-0.03%
CVLT	B	-0.03%
BCPC	B	-0.03%
TER	F	-0.02%
DNB	B	-0.02%
DVA	C	-0.02%
WFRD	F	-0.02%
INFA	F	-0.02%
COR	B	-0.02%
ITRI	B	-0.02%
BFAM	F	-0.02%
BLDR	C	-0.02%
BMI	B	-0.02%
KEX	A	-0.02%
MEDP	D	-0.02%
EHC	B	-0.01%
CHX	C	-0.01%
OPCH	F	-0.01%
SNDR	B	-0.01%
COLM	B	-0.01%
APG	C	-0.01%
DTM	A	-0.01%
SSNC	C	-0.01%
ACLX	C	-0.0%
RUSHA	B	-0.0%
SKY	B	-0.0%
OLN	F	-0.0%