SHRT vs. IYJ ETF Comparison

Comparison of Gotham Short Strategies ETF (SHRT) to iShares U.S. Industrials ETF (IYJ)

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

IYJ

iShares U.S. Industrials ETF

IYJ Description

The investment seeks to track the investment results of an index composed of U.S. equities in the industrials sector. The fund generally invests at least 90% of its assets in securities of the index and in depositary receipts representing securities of the index. It seeks to track the investment results of the Dow Jones U.S. Industrials Index (the "underlying index"), which measures the performance of the industrials sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$141.89

Average Daily Volume

39,516

Number of Holdings ^*

190

* may have additional holdings in another (foreign) market

Performance

Period	SHRT	IYJ
30 Days	-6.95%	3.97%
60 Days	-8.41%	6.71%
90 Days	-8.30%	10.36%
12 Months	-6.87%	34.49%

41 Overlapping Holdings

Symbol	Grade	Weight in SHRT	Weight in IYJ	Overlap
ALLE	C	0.21%	0.18%	0.18%
AOS	F	0.02%	0.12%	0.02%
APG	B	0.02%	0.12%	0.02%
AWI	A	0.09%	0.1%	0.09%
BAH	F	0.2%	0.28%	0.2%
BALL	F	0.62%	0.27%	0.27%
BLD	D	0.29%	0.16%	0.16%
BLDR	D	0.02%	0.3%	0.02%
CCK	D	0.4%	0.15%	0.15%
DD	C	0.35%	0.49%	0.35%
EFX	F	0.2%	0.44%	0.2%
EME	A	0.5%	0.33%	0.33%
EMR	B	0.26%	1.04%	0.26%
FCN	F	0.09%	0.1%	0.09%
FLS	B	0.21%	0.11%	0.11%
GD	D	0.33%	1.13%	0.33%
GNRC	C	0.43%	0.15%	0.15%
J	D	0.63%	0.25%	0.25%
JBHT	C	0.9%	0.21%	0.21%
JCI	B	0.81%	0.81%	0.81%
KEX	B	0.09%	0.11%	0.09%
LHX	C	0.65%	0.67%	0.65%
LII	A	0.84%	0.28%	0.28%
LPX	B	1.65%	0.1%	0.1%
MAS	D	0.39%	0.25%	0.25%
MKSI	C	0.71%	0.1%	0.1%
MTZ	B	0.8%	0.12%	0.12%
NOC	D	0.81%	0.98%	0.81%
NSC	B	0.35%	0.85%	0.35%
PNR	A	0.1%	0.25%	0.1%
PWR	A	0.02%	0.68%	0.02%
R	B	0.01%	0.1%	0.01%
SLGN	A	0.38%	0.06%	0.06%
SNDR	B	0.05%	0.02%	0.02%
TRU	D	0.34%	0.27%	0.27%
TTEK	F	0.02%	0.16%	0.02%
UPS	C	0.8%	1.41%	0.8%
VLTO	C	0.14%	0.37%	0.14%
VMC	B	0.36%	0.53%	0.36%
VMI	B	0.32%	0.1%	0.1%
ZBRA	B	1.0%	0.28%	0.28%

SHRT Overweight 159 Positions Relative to IYJ

Symbol	Grade	Weight
GM	C	2.09%
TGT	F	2.05%
THC	D	1.9%
LRCX	F	1.84%
FMC	D	1.45%
BIIB	F	1.36%
CHWY	B	1.34%
CVX	A	1.31%
CRUS	D	1.26%
SWKS	F	1.21%
TSN	B	1.15%
ELAN	D	1.13%
EOG	A	1.12%
RVTY	F	1.12%
PPC	C	1.09%
GTLS	A	1.08%
QGEN	D	1.01%
WBA	F	0.92%
QRVO	F	0.88%
MATX	C	0.83%
MU	D	0.82%
CHTR	C	0.82%
D	C	0.8%
KLAC	F	0.8%
UHS	D	0.8%
TKO	A	0.78%
CTLT	C	0.75%
INGR	C	0.73%
FCX	F	0.71%
CEG	C	0.69%
OVV	B	0.69%
ICUI	D	0.67%
STX	C	0.66%
WDC	D	0.65%
PFE	F	0.65%
CROX	D	0.64%
CL	D	0.63%
MOH	F	0.63%
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%
AVNT	B	0.5%
CNX	A	0.5%
ECL	D	0.5%
AVTR	F	0.49%
ABBV	F	0.48%
NCLH	B	0.48%
FSS	B	0.47%
CLX	A	0.46%
EXEL	B	0.46%
SCCO	F	0.45%
TPX	B	0.44%
HALO	F	0.44%
BMRN	F	0.42%
LTH	C	0.37%
HAS	D	0.35%
CF	A	0.34%
ZTS	D	0.33%
IQV	F	0.33%
MSGS	A	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%
UI	B	0.26%
ONTO	F	0.26%
TXRH	B	0.25%
ASH	F	0.24%
BPMC	B	0.24%
SYK	B	0.23%
SKYW	C	0.23%
WSM	C	0.23%
ILMN	C	0.22%
NFG	A	0.22%
LEVI	F	0.22%
PSN	D	0.21%
HIMS	B	0.2%
COTY	F	0.2%
MRVL	B	0.2%
EW	C	0.19%
TYL	B	0.19%
CHDN	B	0.18%
FOXA	A	0.18%
H	B	0.17%
NBIX	C	0.17%
ALKS	C	0.17%
GFS	C	0.16%
GDDY	A	0.16%
ACIW	B	0.16%
ESI	B	0.16%
EMN	C	0.16%
ADMA	B	0.15%
APPF	B	0.15%
KTB	B	0.15%
VTRS	A	0.14%
SHAK	C	0.14%
RKLB	A	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	F	0.11%
IDXX	F	0.11%
IPG	D	0.1%
SEM	B	0.09%
OLED	F	0.09%
TPL	A	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%
ABG	C	0.07%
VRSN	C	0.07%
ROST	D	0.06%
PRIM	A	0.06%
NXST	C	0.05%
QTWO	A	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%
TER	F	0.02%
DNB	B	0.02%
BFAM	D	0.02%
HSIC	C	0.02%
MTCH	D	0.02%
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 149 Positions Relative to IYJ

Symbol	Grade	Weight
V	A	-7.02%
MA	B	-6.2%
ACN	B	-3.19%
GE	D	-2.77%
CAT	B	-2.7%
AXP	A	-2.32%
RTX	D	-2.27%
HON	C	-2.15%
UNP	C	-2.07%
ETN	A	-2.06%
ADP	A	-1.76%
FI	A	-1.74%
LMT	D	-1.64%
DE	B	-1.45%
BA	F	-1.39%
TT	A	-1.33%
PH	A	-1.29%
GEV	B	-1.29%
SHW	B	-1.28%
PYPL	B	-1.26%
ITW	B	-1.15%
CTAS	B	-1.07%
MMM	D	-1.03%
COF	C	-1.01%
CSX	C	-0.99%
TDG	D	-0.98%
CRH	A	-0.97%
FDX	B	-0.96%
CARR	C	-0.9%
PCAR	B	-0.83%
URI	C	-0.8%
FICO	B	-0.77%
GWW	B	-0.74%
FIS	C	-0.71%
CMI	A	-0.71%
SQ	A	-0.67%
PAYX	B	-0.66%
HWM	A	-0.65%
AME	A	-0.64%
AXON	A	-0.62%
ODFL	C	-0.61%
IR	B	-0.59%
VRSK	A	-0.58%
OTIS	C	-0.58%
FERG	B	-0.58%
MLM	C	-0.51%
WAB	B	-0.49%
ROK	C	-0.47%
DOW	F	-0.45%
XYL	D	-0.42%
GPN	B	-0.42%
PPG	F	-0.41%
DOV	A	-0.4%
FTV	C	-0.38%
SW	A	-0.38%
SYF	B	-0.37%
KEYS	A	-0.37%
CPAY	A	-0.36%
MTD	F	-0.36%
HUBB	B	-0.34%
TDY	B	-0.31%
PKG	A	-0.3%
CSL	C	-0.29%
SNA	A	-0.27%
WSO	A	-0.26%
RPM	A	-0.25%
TRMB	B	-0.25%
IEX	C	-0.25%
XPO	B	-0.24%
OC	A	-0.24%
EXPD	C	-0.24%
HEI	A	-0.24%
TXT	D	-0.23%
GGG	B	-0.22%
FIX	A	-0.22%
NDSN	B	-0.21%
ACM	B	-0.21%
AMCR	C	-0.21%
CW	C	-0.2%
SAIA	B	-0.2%
AFRM	A	-0.19%
SWK	D	-0.19%
ITT	A	-0.18%
JKHY	D	-0.18%
CHRW	B	-0.18%
BWXT	B	-0.17%
HEI	A	-0.17%
NVT	B	-0.17%
ATR	B	-0.16%
RRX	B	-0.16%
LECO	C	-0.16%
ALSN	B	-0.15%
WWD	C	-0.15%
CNH	C	-0.14%
AYI	B	-0.14%
EXP	B	-0.14%
AXTA	B	-0.13%
WCC	B	-0.13%
AAON	B	-0.13%
FBIN	D	-0.13%
DCI	B	-0.13%
WMS	F	-0.13%
CNM	D	-0.12%
GPK	C	-0.12%
TTC	C	-0.12%
CR	A	-0.12%
PCTY	C	-0.12%
BILL	A	-0.12%
KNX	C	-0.12%
WEX	D	-0.11%
MHK	D	-0.11%
TREX	C	-0.11%
RHI	C	-0.11%
BERY	C	-0.11%
SSD	F	-0.11%
HII	F	-0.11%
G	B	-0.11%
CGNX	D	-0.1%
GXO	B	-0.1%
ATI	C	-0.1%
ESAB	C	-0.1%
OSK	C	-0.1%
MIDD	C	-0.1%
LFUS	D	-0.09%
FOUR	A	-0.09%
WSC	F	-0.09%
MSA	F	-0.09%
LSTR	D	-0.09%
AZEK	A	-0.09%
BC	C	-0.08%
AGCO	D	-0.08%
VNT	C	-0.08%
ST	F	-0.07%
SEE	C	-0.07%
SON	F	-0.07%
AL	B	-0.07%
GTES	A	-0.06%
EEFT	B	-0.06%
AMTM	D	-0.05%
SPR	D	-0.05%
MSM	C	-0.05%
CXT	C	-0.04%
ECG	C	-0.04%
MAN	F	-0.04%
WU	F	-0.04%
VSTS	C	-0.03%
ADT	C	-0.03%
HAYW	B	-0.03%
LOAR	B	-0.01%