SHRT vs. FLCV ETF Comparison

Comparison of Gotham Short Strategies ETF (SHRT) to Trust Federated Hermes MDT Large Cap Value ETF (FLCV)

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

FLCV

Trust Federated Hermes MDT Large Cap Value ETF

FLCV Description

The fund seeks to achieve its objective by investing primarily in the common stock of large-cap U.S. companies undervalued relative to the market. 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 and value investments. The fund manager actively trades its portfolio securities in an attempt to achieve its investment objective.

Grade (RS Rating)

Last Trade

$28.91

Average Daily Volume

2,185

Number of Holdings ^*

120

* may have additional holdings in another (foreign) market

Performance

Period	SHRT	FLCV
30 Days	-7.59%	5.48%
60 Days	-8.76%	7.84%
90 Days	-8.43%	10.69%
12 Months	-6.99%

21 Overlapping Holdings

Symbol	Grade	Weight in SHRT	Weight in FLCV	Overlap
ABBV	D	0.48%	2.06%	0.48%
BIIB	F	1.36%	0.34%	0.34%
CEG	D	0.69%	0.2%	0.2%
CI	F	0.31%	0.33%	0.31%
CL	D	0.63%	1.4%	0.63%
CVX	A	1.31%	0.75%	0.75%
DTM	B	0.04%	0.13%	0.04%
ELAN	D	1.13%	0.81%	0.81%
EOG	A	1.12%	1.57%	1.12%
FMC	D	1.45%	0.54%	0.54%
GDDY	A	0.16%	2.48%	0.16%
GM	B	2.09%	0.15%	0.15%
ILMN	D	0.22%	0.86%	0.22%
NOC	D	0.81%	0.16%	0.16%
PNR	A	0.1%	0.18%	0.1%
QRVO	F	0.88%	0.03%	0.03%
REGN	F	0.08%	0.25%	0.08%
TGT	F	2.05%	0.03%	0.03%
VLTO	D	0.14%	2.54%	0.14%
XRAY	F	0.31%	0.18%	0.18%
ZTS	D	0.33%	0.32%	0.32%

SHRT Overweight 179 Positions Relative to FLCV

Symbol	Grade	Weight
THC	D	1.9%
LRCX	F	1.84%
LPX	B	1.65%
CHWY	B	1.34%
CRUS	D	1.26%
SWKS	F	1.21%
TSN	B	1.15%
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%
LII	A	0.84%
MATX	C	0.83%
MU	D	0.82%
CHTR	C	0.82%
JCI	C	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%
FCX	D	0.71%
MKSI	C	0.71%
OVV	B	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%
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%
HAS	D	0.35%
NSC	B	0.35%
DD	D	0.35%
CF	B	0.34%
TRU	D	0.34%
IQV	D	0.33%
GD	F	0.33%
MSGS	A	0.32%
VMI	B	0.32%
AMAT	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%
CTRA	B	0.27%
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%
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%
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%
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%
IPG	D	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%
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%

SHRT Underweight 99 Positions Relative to FLCV

Symbol	Grade	Weight
PRU	A	-2.52%
AMP	A	-2.5%
PM	B	-2.44%
JNJ	D	-2.32%
IBKR	A	-2.24%
GEV	B	-2.01%
KMB	D	-1.9%
TRV	B	-1.84%
FTNT	C	-1.82%
GILD	C	-1.65%
EXC	C	-1.63%
LNG	B	-1.5%
STT	A	-1.49%
PGR	A	-1.47%
BK	A	-1.47%
ALSN	B	-1.47%
OTIS	C	-1.43%
PPG	F	-1.35%
HPE	B	-1.3%
TT	A	-1.29%
APP	B	-1.28%
EA	A	-1.27%
NTNX	A	-1.27%
SLG	B	-1.26%
UNP	C	-1.22%
SBAC	D	-1.22%
HIG	B	-1.18%
ICE	C	-1.18%
SN	D	-1.16%
KR	B	-1.16%
NTRS	A	-1.14%
KRC	C	-1.13%
ZM	B	-1.12%
UNH	C	-1.1%
TDG	D	-1.08%
WM	A	-1.07%
JPM	A	-0.99%
GAP	C	-0.96%
INCY	C	-0.94%
AON	A	-0.88%
BRK.A	B	-0.87%
CMCSA	B	-0.86%
BERY	B	-0.85%
WFC	A	-0.85%
MPC	D	-0.83%
DVN	F	-0.83%
CAT	B	-0.82%
QCOM	F	-0.82%
NEM	D	-0.78%
ABT	B	-0.76%
RCL	A	-0.74%
PEP	F	-0.73%
BPOP	B	-0.72%
AMGN	D	-0.68%
PVH	C	-0.66%
AAP	C	-0.62%
T	A	-0.59%
VST	B	-0.56%
ED	D	-0.55%
MAN	D	-0.55%
CAH	B	-0.52%
NUE	C	-0.48%
TJX	A	-0.46%
PSX	C	-0.46%
EBAY	D	-0.45%
WEC	A	-0.42%
ELV	F	-0.41%
CRBG	B	-0.37%
CNC	D	-0.32%
FNF	B	-0.32%
GE	D	-0.31%
OMC	C	-0.3%
TFX	F	-0.27%
NTAP	C	-0.27%
TAP	C	-0.26%
IBM	C	-0.26%
DXC	B	-0.23%
AA	B	-0.23%
ETN	A	-0.23%
HUM	C	-0.22%
GLPI	C	-0.18%
PAYC	B	-0.16%
MRK	F	-0.16%
MCD	D	-0.16%
VZ	C	-0.15%
EIX	B	-0.15%
PFG	D	-0.14%
UAL	A	-0.12%
DUK	C	-0.11%
HCA	F	-0.1%
AGCO	D	-0.1%
ACGL	D	-0.09%
FTI	A	-0.08%
SNX	C	-0.07%
DIS	B	-0.05%
CHRW	C	-0.05%
LDOS	C	-0.05%
MMM	D	-0.04%
ALNY	D	-0.03%