SHRT vs. FLCG ETF Comparison

Comparison of Gotham Short Strategies ETF (SHRT) to Federated Hermes MDT Large Cap Growth ETF (FLCG)

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

FLCG

Federated Hermes MDT Large Cap Growth ETF

FLCG Description

The fund seeks to achieve its objective by investing primarily in the common stock of large-sized U.S. companies. It will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in a mix of large-cap investments and growth investments. The fund manager actively trades its portfolio securities in an attempt to achieve its investment objective.

Grade (RS Rating)

Last Trade

$28.40

Average Daily Volume

2,008

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SHRT	FLCG
30 Days	-6.11%	4.67%
60 Days	-7.13%	9.44%
90 Days	-7.13%	10.97%
12 Months	-5.90%

16 Overlapping Holdings

Symbol	Grade	Weight in SHRT	Weight in FLCG	Overlap
ALGN	D	0.06%	0.09%	0.06%
AMAT	F	1.5%	1.48%	1.48%
CI	D	0.23%	0.26%	0.23%
COR	B	0.02%	0.8%	0.02%
EBAY	C	0.07%	0.69%	0.07%
FMC	F	1.54%	0.06%	0.06%
GDDY	B	0.1%	2.58%	0.1%
GEHC	D	0.03%	0.07%	0.03%
KLAC	F	0.77%	0.04%	0.04%
LRCX	F	1.72%	0.04%	0.04%
NCLH	B	0.22%	0.04%	0.04%
QCOM	F	0.06%	2.29%	0.06%
REGN	F	0.08%	0.12%	0.08%
TT	B	0.21%	0.2%	0.2%
VLTO	D	0.12%	2.13%	0.12%
ZTS	D	0.26%	0.24%	0.24%

SHRT Overweight 203 Positions Relative to FLCG

Symbol	Grade	Weight
LPX	A	1.95%
TGT	C	1.93%
GM	B	1.68%
NRG	C	1.68%
THC	B	1.66%
MU	D	1.5%
CHWY	B	1.48%
DVN	F	1.48%
MTZ	B	1.42%
CRUS	F	1.28%
SWKS	F	1.19%
MIDD	D	1.13%
MUR	D	1.12%
ELAN	C	1.12%
RGEN	C	1.0%
RVTY	C	0.99%
TMO	F	0.98%
TSN	B	0.97%
QGEN	D	0.96%
BDX	F	0.95%
PPC	C	0.95%
MRO	B	0.95%
QRVO	F	0.89%
BWA	B	0.8%
ALKS	C	0.78%
JBHT	C	0.78%
AXTA	A	0.77%
IDXX	F	0.76%
UHS	D	0.76%
SMG	D	0.76%
MKSI	C	0.75%
UPS	C	0.75%
MO	A	0.75%
TKO	D	0.74%
ENPH	F	0.71%
AVTR	F	0.71%
HALO	C	0.71%
CHTR	B	0.71%
WDAY	B	0.7%
CTLT	D	0.69%
BIIB	F	0.69%
WAT	B	0.69%
FCX	F	0.69%
NOC	D	0.68%
WBA	D	0.68%
J	D	0.66%
LII	B	0.65%
D	D	0.64%
MPC	D	0.64%
WDC	D	0.63%
MOH	F	0.63%
STX	D	0.61%
CL	F	0.6%
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%
LYB	F	0.54%
NWSA	B	0.54%
POST	D	0.52%
ISRG	A	0.5%
EL	F	0.49%
KMX	B	0.48%
GRMN	A	0.48%
NSC	B	0.46%
RRX	B	0.43%
IQV	F	0.43%
SWK	F	0.42%
UNP	D	0.42%
LHX	B	0.41%
PFE	F	0.39%
FSS	C	0.38%
CCK	D	0.38%
AVNT	B	0.37%
H	B	0.37%
MSGS	B	0.37%
SCCO	F	0.35%
ZBRA	B	0.33%
ECL	C	0.33%
TRU	D	0.32%
MMS	F	0.32%
GFS	C	0.31%
SLGN	B	0.31%
GD	C	0.31%
DAR	B	0.3%
LTH	D	0.3%
WSM	F	0.29%
TPX	B	0.28%
ASH	F	0.27%
HAS	D	0.26%
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%
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%
EFX	F	0.19%
NFG	D	0.19%
ALLE	D	0.19%
MAS	D	0.18%
MRVL	B	0.18%
OXY	F	0.17%
SGBX	F	0.17%
SYK	A	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%
CLX	A	0.14%
CCL	B	0.13%
CNX	B	0.13%
ROST	D	0.13%
TXRH	A	0.13%
IGT	F	0.12%
SWX	B	0.12%
GNRC	B	0.12%
FIX	B	0.11%
EME	B	0.11%
VMC	B	0.11%
EOG	A	0.11%
PSN	C	0.1%
IPG	F	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%
CSX	B	0.09%
IAC	F	0.09%
CF	B	0.09%
ACIW	B	0.09%
OVV	C	0.09%
SM	C	0.09%
TFX	F	0.09%
STE	D	0.08%
ESI	B	0.07%
FCN	F	0.07%
VRSN	C	0.06%
SYY	D	0.06%
NOV	C	0.05%
AIT	A	0.05%
TPL	B	0.05%
A	F	0.05%
KWR	C	0.05%
STZ	D	0.05%
BPMC	C	0.04%
TTC	F	0.04%
AWI	B	0.04%
SLB	C	0.04%
OGN	F	0.03%
HES	B	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%
WLK	F	0.03%
TER	F	0.02%
DNB	B	0.02%
DVA	C	0.02%
WFRD	F	0.02%
INFA	F	0.02%
ITRI	B	0.02%
GE	D	0.02%
BFAM	F	0.02%
BLDR	C	0.02%
BMI	B	0.02%
KEX	A	0.02%
MEDP	D	0.02%
R	B	0.01%
EHC	B	0.01%
ZBH	C	0.01%
CHX	C	0.01%
OPCH	F	0.01%
SNDR	B	0.01%
RSG	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%
DG	F	0.0%
OLN	F	0.0%

SHRT Underweight 77 Positions Relative to FLCG

Symbol	Grade	Weight
AAPL	C	-10.64%
NVDA	A	-9.69%
MSFT	C	-9.56%
GOOGL	C	-6.86%
AMZN	A	-5.64%
META	B	-4.17%
AMP	A	-2.59%
COST	B	-2.38%
ANET	C	-2.22%
SPOT	A	-2.1%
FTNT	B	-1.95%
NTNX	B	-1.7%
ABBV	F	-1.29%
APP	B	-1.24%
LLY	F	-1.23%
WING	D	-1.16%
MA	B	-1.13%
SN	C	-1.04%
TSLA	B	-1.01%
ADBE	C	-0.97%
ALSN	B	-0.92%
NOW	A	-0.91%
ORCL	A	-0.89%
VRT	B	-0.89%
PAYC	B	-0.82%
RCL	A	-0.77%
DASH	A	-0.76%
AMGN	F	-0.74%
DELL	C	-0.68%
KMB	D	-0.66%
PGR	A	-0.64%
ORLY	A	-0.63%
DDOG	B	-0.61%
NFLX	A	-0.57%
CRM	B	-0.56%
ILMN	C	-0.54%
MRK	F	-0.52%
ZM	B	-0.5%
PPG	F	-0.47%
INCY	B	-0.39%
TJX	A	-0.38%
INTU	A	-0.36%
PEGA	B	-0.34%
AVGO	C	-0.33%
STNE	F	-0.32%
VRTX	B	-0.32%
RYAN	B	-0.31%
MUSA	B	-0.29%
WU	F	-0.25%
PANW	B	-0.23%
HUBS	B	-0.22%
LYV	A	-0.18%
MSCI	B	-0.18%
UBER	F	-0.14%
ZI	C	-0.13%
AZO	B	-0.13%
CVNA	B	-0.11%
GTLB	B	-0.09%
AYI	A	-0.09%
CAH	B	-0.08%
ELV	F	-0.07%
ADSK	B	-0.07%
DPZ	C	-0.06%
MCO	C	-0.06%
BAX	F	-0.06%
ADP	A	-0.05%
NTAP	D	-0.04%
ALLY	C	-0.04%
PAYX	B	-0.04%
ULTA	C	-0.03%
ALNY	D	-0.02%
DUOL	A	-0.02%
PLTR	B	-0.01%
PEP	D	-0.01%
PSTG	D	-0.01%
CMG	B	-0.0%
ABNB	C	-0.0%