SHRT vs. LRND ETF Comparison

Comparison of Gotham Short Strategies ETF (SHRT) to IQ U.S. Large Cap R&D Leaders ETF (LRND)

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

LRND

IQ U.S. Large Cap R&D Leaders ETF

LRND Description

IQ U.S. Large Cap R&D Leaders ETF is an exchange traded fund launched by New York Life Investment Management LLC. The fund is managed by IndexIQ Advisors LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of large-cap companies. The fund seeks to track the performance of the IQ U.S. Large Cap R&D Leaders Index, by using full replication technique. IQ U.S. Large Cap R&D Leaders ETF was formed on December 14, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.89

Average Daily Volume

416

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SHRT	LRND
30 Days	-7.59%	2.07%
60 Days	-8.76%	2.22%
90 Days	-8.43%	4.29%
12 Months	-6.99%	28.44%

21 Overlapping Holdings

Symbol	Grade	Weight in SHRT	Weight in LRND	Overlap
ABBV	D	0.48%	1.24%	0.48%
AMAT	F	0.31%	0.54%	0.31%
BIIB	F	1.36%	0.31%	0.31%
EW	C	0.19%	0.22%	0.19%
EXEL	B	0.46%	0.25%	0.25%
GEHC	F	0.01%	0.23%	0.01%
GM	B	2.09%	2.19%	2.09%
ILMN	D	0.22%	0.25%	0.22%
ISRG	A	0.12%	0.23%	0.12%
KLAC	D	0.8%	0.2%	0.2%
LRCX	F	1.84%	0.34%	0.34%
MRVL	B	0.2%	0.44%	0.2%
MU	D	0.82%	0.69%	0.69%
NOC	D	0.81%	0.21%	0.21%
PFE	D	0.65%	1.72%	0.65%
REGN	F	0.08%	0.55%	0.08%
SPOT	B	0.08%	0.4%	0.08%
SYK	C	0.23%	0.28%	0.23%
TMO	F	0.12%	0.21%	0.12%
UBER	D	0.03%	0.56%	0.03%
WDC	D	0.65%	0.35%	0.35%

SHRT Overweight 179 Positions Relative to LRND

Symbol	Grade	Weight
TGT	F	2.05%
THC	D	1.9%
LPX	B	1.65%
FMC	D	1.45%
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	B	1.08%
QGEN	D	1.01%
ZBRA	B	1.0%
WBA	F	0.92%
JBHT	C	0.9%
QRVO	F	0.88%
LII	A	0.84%
MATX	C	0.83%
CHTR	C	0.82%
JCI	C	0.81%
MTZ	B	0.8%
D	C	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%
CEG	D	0.69%
OVV	B	0.69%
ICUI	D	0.67%
STX	D	0.66%
LHX	C	0.65%
CROX	D	0.64%
J	F	0.63%
CL	D	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%
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%
ZTS	D	0.33%
IQV	D	0.33%
GD	F	0.33%
MSGS	A	0.32%
VMI	B	0.32%
CI	F	0.31%
XRAY	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%
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%
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%
GDDY	A	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%
VLTO	D	0.14%
SHAK	C	0.14%
RKLB	B	0.13%
SWX	B	0.13%
LYFT	C	0.13%
INFA	D	0.12%
PODD	C	0.11%
GMED	A	0.11%
CNI	D	0.11%
IDXX	F	0.11%
PNR	A	0.1%
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%
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%
DTM	B	0.04%
NTRA	B	0.03%
MPWR	F	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%
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 78 Positions Relative to LRND

Symbol	Grade	Weight
GOOGL	C	-8.96%
AMZN	C	-8.83%
META	D	-6.33%
AAPL	C	-5.93%
MSFT	F	-5.41%
INTC	D	-3.6%
MRK	F	-2.9%
JNJ	D	-2.7%
NVDA	C	-2.45%
BMY	B	-2.13%
ORCL	B	-1.91%
CSCO	B	-1.69%
QCOM	F	-1.63%
F	C	-1.62%
AVGO	D	-1.58%
LLY	F	-1.55%
VRTX	F	-1.54%
IBM	C	-1.3%
TSLA	B	-1.22%
CRM	B	-1.2%
GILD	C	-1.17%
AMD	F	-1.05%
AMGN	D	-0.85%
SQ	B	-0.72%
ADBE	C	-0.7%
BA	F	-0.66%
NFLX	A	-0.64%
PYPL	B	-0.63%
DELL	C	-0.63%
TEAM	A	-0.61%
INTU	C	-0.56%
RTX	C	-0.55%
EA	A	-0.55%
INCY	C	-0.54%
ABT	B	-0.54%
MDT	D	-0.52%
WDAY	B	-0.51%
MRNA	F	-0.5%
HPE	B	-0.5%
NOW	A	-0.49%
CAT	B	-0.43%
DE	A	-0.43%
SNPS	B	-0.4%
PANW	C	-0.39%
PG	A	-0.38%
TXN	C	-0.37%
ABNB	C	-0.36%
SNOW	C	-0.34%
CMI	A	-0.34%
HPQ	B	-0.34%
EXPE	B	-0.33%
GE	D	-0.33%
HON	B	-0.32%
CDNS	B	-0.31%
RIVN	F	-0.3%
BSX	B	-0.3%
ADSK	A	-0.3%
EBAY	D	-0.29%
RBLX	C	-0.29%
MMM	D	-0.29%
LMT	D	-0.27%
ADI	D	-0.27%
DHR	F	-0.26%
DASH	A	-0.26%
ACN	C	-0.26%
CTVA	C	-0.26%
DDOG	A	-0.22%
PINS	D	-0.21%
GLW	B	-0.21%
BDX	F	-0.21%
CNH	C	-0.2%
JNPR	F	-0.2%
APTV	D	-0.19%
NTAP	C	-0.19%
ALNY	D	-0.18%
U	C	-0.17%
MCHP	D	-0.17%
LCID	F	-0.12%