SHRT vs. AFLG ETF Comparison

Comparison of Gotham Short Strategies ETF (SHRT) to Active Factor Large Cap ETF (AFLG)

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

$7.68

Average Daily Volume

2,509

Number of Holdings ^*

200

* may have additional holdings in another (foreign) market

AFLG

Active Factor Large Cap ETF

AFLG Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by large capitalization companies. The manager defines large capitalization companies as those that, at the time of investment, have a minimum market capitalization equal to or greater than the minimum market capitalization of a widely recognized index of large capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$35.16

Average Daily Volume

34,333

Number of Holdings ^*

247

* may have additional holdings in another (foreign) market

Performance

Period	SHRT	AFLG
30 Days	-5.19%	1.21%
60 Days	-7.02%	4.33%
90 Days	-6.68%	6.95%
12 Months	-5.74%	35.70%

38 Overlapping Holdings

Symbol	Grade	Weight in SHRT	Weight in AFLG	Overlap
ABBV	F	0.48%	0.85%	0.48%
ALLE	D	0.21%	0.01%	0.01%
AMAT	F	0.31%	0.37%	0.31%
ANET	C	0.51%	0.13%	0.13%
AOS	F	0.02%	0.4%	0.02%
BAH	D	0.2%	0.22%	0.2%
BLDR	D	0.02%	0.34%	0.02%
CEG	C	0.69%	0.62%	0.62%
CF	A	0.34%	0.39%	0.34%
CI	D	0.31%	0.15%	0.15%
CL	D	0.63%	0.57%	0.57%
CVX	A	1.31%	0.43%	0.43%
ECL	D	0.5%	0.54%	0.5%
EME	A	0.5%	0.68%	0.5%
FOXA	B	0.18%	0.55%	0.18%
GDDY	A	0.16%	0.53%	0.16%
HOLX	D	0.58%	0.04%	0.04%
HSIC	C	0.02%	0.36%	0.02%
IPG	F	0.1%	0.07%	0.07%
J	D	0.63%	0.09%	0.09%
KLAC	F	0.8%	0.11%	0.11%
LII	A	0.84%	0.25%	0.25%
LKQ	F	0.3%	0.17%	0.17%
MAS	D	0.39%	0.52%	0.39%
MOH	F	0.63%	0.09%	0.09%
MTCH	F	0.02%	0.26%	0.02%
QRVO	F	0.88%	0.05%	0.05%
ROST	D	0.06%	0.04%	0.04%
SCCO	F	0.45%	0.11%	0.11%
SO	C	0.27%	0.13%	0.13%
SWKS	F	1.21%	0.21%	0.21%
SYK	A	0.23%	0.15%	0.15%
TPL	A	0.09%	0.08%	0.08%
UHS	D	0.8%	0.93%	0.8%
VRSN	F	0.07%	0.21%	0.07%
VTRS	A	0.14%	0.1%	0.1%
WBA	F	0.92%	0.04%	0.04%
WSM	D	0.23%	0.3%	0.23%

SHRT Overweight 162 Positions Relative to AFLG

Symbol	Grade	Weight
GM	B	2.09%
TGT	B	2.05%
THC	C	1.9%
LRCX	F	1.84%
LPX	B	1.65%
FMC	D	1.45%
BIIB	F	1.36%
CHWY	B	1.34%
CRUS	F	1.26%
TSN	B	1.15%
ELAN	D	1.13%
EOG	A	1.12%
RVTY	D	1.12%
PPC	B	1.09%
GTLS	A	1.08%
QGEN	F	1.01%
ZBRA	B	1.0%
JBHT	C	0.9%
MATX	B	0.83%
MU	D	0.82%
CHTR	B	0.82%
JCI	B	0.81%
NOC	D	0.81%
MTZ	A	0.8%
D	C	0.8%
UPS	C	0.8%
TKO	A	0.78%
CTLT	D	0.75%
INGR	B	0.73%
FCX	F	0.71%
MKSI	C	0.71%
OVV	C	0.69%
ICUI	D	0.67%
STX	D	0.66%
WDC	F	0.65%
LHX	B	0.65%
PFE	F	0.65%
CROX	F	0.64%
BALL	D	0.62%
MUR	F	0.61%
MRO	A	0.59%
ENPH	F	0.57%
KMX	C	0.56%
EL	F	0.56%
RGEN	F	0.55%
POST	C	0.55%
AVNT	B	0.5%
CNX	A	0.5%
AVTR	F	0.49%
NCLH	B	0.48%
FSS	B	0.47%
CLX	A	0.46%
EXEL	B	0.46%
TPX	B	0.44%
HALO	F	0.44%
GNRC	B	0.43%
BMRN	F	0.42%
CCK	D	0.4%
SLGN	A	0.38%
LTH	C	0.37%
VMC	B	0.36%
HAS	D	0.35%
NSC	B	0.35%
DD	D	0.35%
TRU	D	0.34%
ZTS	D	0.33%
IQV	F	0.33%
GD	D	0.33%
MSGS	B	0.32%
VMI	B	0.32%
XRAY	D	0.31%
JAZZ	C	0.3%
HES	B	0.3%
TWLO	A	0.29%
BLD	F	0.29%
MMS	D	0.29%
CTRA	B	0.27%
EMR	A	0.26%
UI	A	0.26%
ONTO	F	0.26%
TXRH	B	0.25%
ASH	F	0.24%
BPMC	C	0.24%
SKYW	B	0.23%
ILMN	C	0.22%
NFG	A	0.22%
LEVI	F	0.22%
FLS	A	0.21%
PSN	C	0.21%
HIMS	C	0.2%
EFX	F	0.2%
COTY	F	0.2%
MRVL	B	0.2%
EW	C	0.19%
TYL	B	0.19%
CHDN	C	0.18%
H	B	0.17%
NBIX	C	0.17%
ALKS	C	0.17%
GFS	C	0.16%
ACIW	B	0.16%
ESI	B	0.16%
EMN	D	0.16%
ADMA	C	0.15%
APPF	C	0.15%
KTB	A	0.15%
VLTO	C	0.14%
SHAK	C	0.14%
RKLB	B	0.13%
SWX	A	0.13%
LYFT	C	0.13%
ISRG	A	0.12%
INFA	D	0.12%
TMO	F	0.12%
PODD	B	0.11%
GMED	A	0.11%
CNI	F	0.11%
IDXX	F	0.11%
PNR	B	0.1%
AWI	B	0.09%
FCN	F	0.09%
SEM	B	0.09%
OLED	F	0.09%
KEX	B	0.09%
PEN	B	0.09%
SPOT	B	0.08%
RGLD	C	0.08%
PLXS	B	0.08%
IGT	F	0.08%
NOV	D	0.08%
REGN	F	0.08%
PTC	B	0.07%
CHD	A	0.07%
CWAN	B	0.07%
ABG	B	0.07%
PRIM	A	0.06%
SNDR	B	0.05%
NXST	C	0.05%
QTWO	B	0.05%
FTDR	B	0.04%
DTM	A	0.04%
NTRA	A	0.03%
MPWR	F	0.03%
UBER	F	0.03%
CMC	B	0.03%
PWR	A	0.02%
TER	F	0.02%
DNB	B	0.02%
BFAM	F	0.02%
APG	C	0.02%
TTEK	F	0.02%
R	B	0.01%
RUSHA	B	0.01%
GEHC	D	0.01%
IAC	D	0.01%
SITM	B	0.01%
DOX	D	0.01%
ZBH	C	0.01%
EHC	B	0.01%
DVA	C	0.01%
OPCH	F	0.01%
CRVL	A	0.0%

SHRT Underweight 209 Positions Relative to AFLG

Symbol	Grade	Weight
AAPL	C	-6.85%
NVDA	A	-5.38%
MSFT	D	-4.59%
GOOGL	B	-2.07%
META	C	-1.84%
AMZN	B	-1.8%
BRK.A	B	-1.55%
AVGO	C	-1.38%
VST	A	-1.18%
APP	A	-1.13%
HIG	B	-1.09%
QCOM	F	-0.95%
MO	A	-0.95%
COST	A	-0.9%
RL	C	-0.83%
NFLX	A	-0.82%
FICO	B	-0.81%
PG	C	-0.81%
NRG	B	-0.8%
AFL	C	-0.75%
BK	B	-0.73%
PGR	B	-0.73%
XOM	B	-0.73%
ELV	F	-0.72%
JNJ	D	-0.71%
CTAS	B	-0.71%
RS	B	-0.67%
BSX	A	-0.66%
MRK	F	-0.64%
SNA	B	-0.63%
CRM	B	-0.62%
GILD	C	-0.62%
NTAP	C	-0.62%
APH	B	-0.6%
FFIV	B	-0.6%
BMY	A	-0.59%
COR	B	-0.58%
SPG	A	-0.58%
CAT	C	-0.58%
WMT	A	-0.58%
MMM	D	-0.56%
CMCSA	B	-0.56%
ETN	B	-0.56%
PEG	C	-0.54%
PHM	D	-0.53%
FE	C	-0.52%
MCK	A	-0.52%
CMI	A	-0.51%
HPQ	B	-0.5%
KR	B	-0.49%
TT	A	-0.49%
BBY	D	-0.48%
CTSH	C	-0.47%
MAA	A	-0.47%
NVR	D	-0.47%
STLD	B	-0.47%
LLY	F	-0.46%
VZ	C	-0.46%
CSCO	B	-0.45%
TPR	B	-0.44%
HWM	A	-0.44%
IBM	C	-0.43%
GRMN	B	-0.42%
VICI	C	-0.42%
PCAR	C	-0.41%
CSL	C	-0.41%
CNA	C	-0.41%
AXP	B	-0.41%
ICE	C	-0.4%
GLPI	C	-0.4%
HST	D	-0.39%
WAB	B	-0.39%
MSI	B	-0.39%
NUE	D	-0.39%
RHI	C	-0.38%
FIS	C	-0.37%
TJX	A	-0.37%
IBKR	A	-0.37%
LMT	D	-0.36%
CBOE	C	-0.36%
OC	A	-0.36%
TMUS	B	-0.35%
HLT	A	-0.35%
PKG	B	-0.35%
PM	A	-0.34%
TRGP	A	-0.34%
LOW	C	-0.33%
DHI	D	-0.33%
LEN	D	-0.33%
KO	D	-0.33%
IP	A	-0.33%
WELL	A	-0.32%
CMG	C	-0.32%
ADBE	D	-0.31%
V	A	-0.3%
DVN	F	-0.3%
OGN	F	-0.3%
BRO	B	-0.3%
VLO	C	-0.3%
EA	A	-0.3%
BKNG	A	-0.29%
SYF	B	-0.29%
AIG	C	-0.28%
EVRG	A	-0.28%
DECK	A	-0.28%
UNH	C	-0.28%
WU	F	-0.28%
RF	A	-0.28%
VSCO	A	-0.27%
CFG	B	-0.27%
MANH	D	-0.26%
SOLV	F	-0.26%
ED	C	-0.25%
ZM	B	-0.25%
INCY	C	-0.25%
PH	B	-0.24%
ERIE	F	-0.24%
FDX	B	-0.24%
CME	A	-0.23%
ALNY	D	-0.23%
EXPE	B	-0.22%
ACN	C	-0.22%
EIX	C	-0.22%
WPC	C	-0.21%
VTR	B	-0.21%
MA	B	-0.21%
KEYS	C	-0.21%
SHW	C	-0.2%
TROW	B	-0.2%
GWW	B	-0.2%
JBL	C	-0.19%
PPG	F	-0.19%
NWSA	B	-0.19%
CNC	F	-0.19%
CVS	F	-0.18%
L	A	-0.18%
T	A	-0.18%
AZO	C	-0.18%
ACGL	D	-0.18%
BEN	C	-0.17%
GE	D	-0.16%
AMP	A	-0.16%
LDOS	C	-0.16%
TOL	B	-0.16%
HUM	D	-0.16%
GL	C	-0.16%
EG	D	-0.15%
VRT	A	-0.15%
ULTA	F	-0.15%
CPT	C	-0.15%
AIZ	A	-0.15%
DELL	B	-0.14%
IT	C	-0.13%
BBWI	C	-0.13%
RPM	B	-0.12%
FI	A	-0.12%
MPC	D	-0.12%
KHC	F	-0.11%
CAH	B	-0.11%
EQR	C	-0.1%
LH	B	-0.1%
RMD	C	-0.1%
GEN	B	-0.1%
EBAY	D	-0.1%
PSX	C	-0.09%
DXC	D	-0.09%
PRU	B	-0.09%
CRBG	B	-0.09%
SSNC	C	-0.09%
ETSY	D	-0.09%
ALL	A	-0.08%
TXT	D	-0.08%
SPGI	D	-0.08%
LYB	F	-0.07%
CVNA	A	-0.07%
DINO	D	-0.06%
ROL	B	-0.06%
SNPS	C	-0.06%
ADM	D	-0.06%
WSO	A	-0.06%
DASH	A	-0.06%
BG	D	-0.06%
ZION	B	-0.06%
ORLY	B	-0.06%
PPL	A	-0.05%
UTHR	C	-0.05%
UDR	C	-0.05%
DPZ	C	-0.05%
NXPI	F	-0.05%
ESS	A	-0.05%
AVB	B	-0.05%
MCO	D	-0.05%
CDNS	B	-0.05%
WTW	B	-0.05%
KMB	C	-0.05%
PSA	C	-0.05%
STT	B	-0.05%
EPAM	C	-0.05%
BWA	D	-0.04%
PINS	F	-0.04%
AMCR	D	-0.04%
PFG	C	-0.04%
MET	A	-0.04%
DKS	D	-0.04%
IVZ	C	-0.04%
MOS	D	-0.03%
CDW	F	-0.03%
EQH	B	-0.0%
TDG	D	-0.0%