SHRT vs. IEDI ETF Comparison

Comparison of Gotham Short Strategies ETF (SHRT) to iShares Evolved U.S. Discretionary Spending ETF (IEDI)

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

$7.57

Average Daily Volume

2,510

Number of Holdings ^*

200

* may have additional holdings in another (foreign) market

IEDI

iShares Evolved U.S. Discretionary Spending ETF

IEDI Description

The investment seeks to provide access to U.S. companies with discretionary spending exposure, as classified using a proprietary classification system. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. listed common stock of large-, mid- and small-capitalization discretionary spending companies. It will hold common stock of those companies that fall into the Discretionary Spending Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as consumer discretionary companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$53.75

Average Daily Volume

6,271

Number of Holdings ^*

176

* may have additional holdings in another (foreign) market

Performance

Period	SHRT	IEDI
30 Days	-6.95%	3.26%
60 Days	-8.41%	4.59%
90 Days	-8.30%	7.09%
12 Months	-6.87%	32.06%

29 Overlapping Holdings

Symbol	Grade	Weight in SHRT	Weight in IEDI	Overlap
ABG	C	0.07%	0.1%	0.07%
BFAM	D	0.02%	0.08%	0.02%
BLD	D	0.29%	0.07%	0.07%
CHDN	B	0.18%	0.2%	0.18%
CL	D	0.63%	0.13%	0.13%
CLX	A	0.46%	0.07%	0.07%
CROX	D	0.64%	0.12%	0.12%
GDDY	A	0.16%	0.14%	0.14%
H	B	0.17%	0.13%	0.13%
HAS	D	0.35%	0.05%	0.05%
HSIC	C	0.02%	0.08%	0.02%
IPG	D	0.1%	0.08%	0.08%
KMX	B	0.56%	0.31%	0.31%
KTB	B	0.15%	0.11%	0.11%
LYFT	C	0.13%	0.07%	0.07%
MAS	D	0.39%	0.09%	0.09%
MSGS	A	0.32%	0.07%	0.07%
NCLH	B	0.48%	0.14%	0.14%
ROST	D	0.06%	1.83%	0.06%
SHAK	C	0.14%	0.12%	0.12%
TGT	F	2.05%	1.9%	1.9%
TKO	A	0.78%	0.1%	0.1%
TPX	B	0.44%	0.14%	0.14%
TSN	B	1.15%	0.18%	0.18%
TXRH	B	0.25%	0.45%	0.25%
UBER	F	0.03%	1.02%	0.03%
UPS	C	0.8%	0.19%	0.19%
WBA	F	0.92%	0.06%	0.06%
WSM	C	0.23%	0.51%	0.23%

SHRT Overweight 171 Positions Relative to IEDI

Symbol	Grade	Weight
GM	C	2.09%
THC	D	1.9%
LRCX	F	1.84%
LPX	B	1.65%
FMC	D	1.45%
BIIB	F	1.36%
CHWY	B	1.34%
CVX	A	1.31%
CRUS	D	1.26%
SWKS	F	1.21%
ELAN	D	1.13%
EOG	A	1.12%
RVTY	F	1.12%
PPC	C	1.09%
GTLS	A	1.08%
QGEN	D	1.01%
ZBRA	B	1.0%
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	B	0.81%
NOC	D	0.81%
MTZ	B	0.8%
D	C	0.8%
KLAC	F	0.8%
UHS	D	0.8%
CTLT	C	0.75%
INGR	C	0.73%
FCX	F	0.71%
MKSI	C	0.71%
CEG	C	0.69%
OVV	B	0.69%
ICUI	D	0.67%
STX	C	0.66%
WDC	D	0.65%
LHX	C	0.65%
PFE	F	0.65%
J	D	0.63%
MOH	F	0.63%
BALL	F	0.62%
MUR	D	0.61%
MRO	B	0.59%
HOLX	D	0.58%
ENPH	F	0.57%
EL	F	0.56%
RGEN	D	0.55%
POST	C	0.55%
ANET	C	0.51%
EME	A	0.5%
AVNT	B	0.5%
CNX	A	0.5%
ECL	D	0.5%
AVTR	F	0.49%
ABBV	F	0.48%
FSS	B	0.47%
EXEL	B	0.46%
SCCO	F	0.45%
HALO	F	0.44%
GNRC	C	0.43%
BMRN	F	0.42%
CCK	D	0.4%
SLGN	A	0.38%
LTH	C	0.37%
VMC	B	0.36%
NSC	B	0.35%
DD	C	0.35%
CF	A	0.34%
TRU	D	0.34%
ZTS	D	0.33%
IQV	F	0.33%
GD	D	0.33%
VMI	B	0.32%
AMAT	F	0.31%
CI	D	0.31%
XRAY	F	0.31%
JAZZ	B	0.3%
LKQ	F	0.3%
HES	B	0.3%
TWLO	A	0.29%
MMS	F	0.29%
CTRA	B	0.27%
SO	C	0.27%
EMR	B	0.26%
UI	B	0.26%
ONTO	F	0.26%
ASH	F	0.24%
BPMC	B	0.24%
SYK	B	0.23%
SKYW	C	0.23%
ILMN	C	0.22%
NFG	A	0.22%
LEVI	F	0.22%
ALLE	C	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%
FOXA	A	0.18%
NBIX	C	0.17%
ALKS	C	0.17%
GFS	C	0.16%
ACIW	B	0.16%
ESI	B	0.16%
EMN	C	0.16%
ADMA	B	0.15%
APPF	B	0.15%
VTRS	A	0.14%
VLTO	C	0.14%
RKLB	A	0.13%
SWX	B	0.13%
ISRG	A	0.12%
INFA	D	0.12%
TMO	F	0.12%
PODD	C	0.11%
GMED	A	0.11%
CNI	F	0.11%
IDXX	F	0.11%
PNR	A	0.1%
AWI	A	0.09%
FCN	F	0.09%
SEM	B	0.09%
OLED	F	0.09%
TPL	A	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	C	0.08%
REGN	F	0.08%
PTC	B	0.07%
CHD	A	0.07%
CWAN	B	0.07%
VRSN	C	0.07%
PRIM	A	0.06%
SNDR	B	0.05%
NXST	C	0.05%
QTWO	A	0.05%
FTDR	B	0.04%
DTM	A	0.04%
NTRA	A	0.03%
MPWR	F	0.03%
CMC	B	0.03%
PWR	A	0.02%
AOS	F	0.02%
TER	F	0.02%
DNB	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	D	0.01%
IAC	F	0.01%
SITM	B	0.01%
DOX	D	0.01%
ZBH	C	0.01%
EHC	B	0.01%
DVA	C	0.01%
OPCH	D	0.01%
CRVL	B	0.0%

SHRT Underweight 147 Positions Relative to IEDI

Symbol	Grade	Weight
HD	B	-12.26%
AMZN	C	-8.78%
COST	A	-8.55%
WMT	A	-7.56%
TJX	A	-4.58%
LOW	C	-4.3%
CMG	B	-2.85%
ORLY	B	-2.11%
MCD	D	-1.93%
SBUX	A	-1.86%
META	D	-1.68%
HLT	A	-1.31%
MAR	A	-1.29%
NKE	F	-1.1%
AZO	C	-1.08%
TSCO	D	-0.89%
DIS	B	-0.83%
YUM	D	-0.82%
KR	B	-0.81%
DRI	B	-0.74%
V	A	-0.72%
BURL	B	-0.71%
DASH	B	-0.7%
ULTA	F	-0.7%
NFLX	A	-0.69%
CTAS	B	-0.61%
DG	F	-0.53%
DECK	A	-0.51%
RCL	A	-0.5%
ABNB	C	-0.48%
CPRT	B	-0.48%
DPZ	C	-0.47%
FERG	B	-0.46%
DKS	D	-0.45%
CVNA	B	-0.45%
DLTR	F	-0.44%
SQ	A	-0.44%
CASY	A	-0.42%
DKNG	B	-0.4%
PYPL	B	-0.4%
WING	D	-0.39%
SFM	A	-0.38%
FND	D	-0.37%
BBY	D	-0.36%
SYY	D	-0.35%
STZ	D	-0.34%
CAVA	B	-0.32%
FAST	B	-0.31%
PLNT	A	-0.29%
BJ	A	-0.28%
TPR	B	-0.27%
USFD	A	-0.26%
LYV	A	-0.24%
PG	C	-0.24%
EXPE	B	-0.24%
EBAY	D	-0.23%
ROL	B	-0.22%
OLLI	D	-0.22%
PFGC	B	-0.2%
INTU	B	-0.2%
SCI	B	-0.2%
TOST	B	-0.2%
LAD	A	-0.19%
BBWI	C	-0.19%
CCL	A	-0.18%
GPC	D	-0.18%
WH	B	-0.17%
TOL	B	-0.16%
FIVE	F	-0.16%
MUSA	B	-0.16%
RH	C	-0.16%
FRPT	A	-0.15%
ACI	C	-0.15%
HST	C	-0.15%
PINS	F	-0.15%
POOL	C	-0.15%
MTN	C	-0.15%
ARMK	B	-0.15%
GME	C	-0.15%
VFC	C	-0.14%
CZR	F	-0.14%
MGM	D	-0.14%
GAP	C	-0.14%
SKX	D	-0.14%
HRB	D	-0.13%
TTWO	A	-0.13%
ELF	C	-0.13%
ANF	F	-0.13%
ASO	F	-0.12%
RL	C	-0.12%
BOOT	C	-0.12%
OMC	C	-0.12%
EAT	A	-0.12%
VVV	D	-0.11%
BYD	B	-0.11%
FDX	B	-0.11%
MKC	C	-0.11%
DUOL	A	-0.11%
LUV	C	-0.11%
AN	C	-0.1%
CHH	A	-0.1%
Z	A	-0.1%
CHE	D	-0.1%
W	D	-0.1%
SIG	B	-0.1%
CPAY	A	-0.09%
GWW	B	-0.09%
RHP	B	-0.09%
AEO	F	-0.09%
M	F	-0.09%
SHOO	F	-0.09%
HOOD	B	-0.09%
SJM	D	-0.08%
SNAP	D	-0.08%
JWN	D	-0.08%
ALK	B	-0.08%
URBN	C	-0.08%
WEN	D	-0.08%
UAL	A	-0.08%
CBOE	C	-0.07%
FLO	D	-0.07%
AFRM	A	-0.07%
FUN	C	-0.07%
AAP	D	-0.07%
UHAL	D	-0.07%
FCFS	F	-0.07%
KSS	F	-0.07%
SITE	F	-0.07%
LNW	F	-0.07%
PZZA	F	-0.06%
CPRI	F	-0.06%
LANC	C	-0.06%
CNK	C	-0.06%
EA	A	-0.06%
CAG	F	-0.06%
FL	F	-0.06%
IT	C	-0.06%
NYT	D	-0.06%
FOUR	A	-0.06%
TNL	A	-0.06%
AAL	B	-0.06%
RHI	C	-0.06%
GEN	B	-0.06%
RRR	F	-0.06%
CRI	F	-0.05%
LAMR	C	-0.05%
LW	C	-0.05%