SHRT vs. QUS ETF Comparison

Comparison of Gotham Short Strategies ETF (SHRT) to SPDR MSCI USA Quality Mix ETF (QUS)

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

QUS

SPDR MSCI USA Quality Mix ETF

QUS Description

The investment seeks to track the performance of the MSCI USA Quality Mix A-Series Index. The fund invests at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the equity market performance of large-and mid-cap companies across the U.S. equity market. It aims to represent the performance of a combination of three factors: value, quality, and low volatility. It is an equal weighted combination of the following three MSCI Factor Indices in a single composite index: the MSCI USA Value Weighted Index, the MSCI USA Quality Index, and the MSCI USA Minimum Volatility Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$161.92

Average Daily Volume

15,365

Number of Holdings ^*

583

* may have additional holdings in another (foreign) market

Performance

Period	SHRT	QUS
30 Days	-7.59%	2.25%
60 Days	-8.76%	3.15%
90 Days	-8.43%	4.45%
12 Months	-6.99%	29.35%

103 Overlapping Holdings

Symbol	Grade	Weight in SHRT	Weight in QUS	Overlap
ABBV	D	0.48%	0.49%	0.48%
ALLE	D	0.21%	0.04%	0.04%
AMAT	F	0.31%	0.48%	0.31%
ANET	C	0.51%	0.39%	0.39%
AOS	F	0.02%	0.03%	0.02%
AVTR	F	0.49%	0.01%	0.01%
BAH	F	0.2%	0.2%	0.2%
BALL	D	0.62%	0.02%	0.02%
BIIB	F	1.36%	0.02%	0.02%
BLDR	D	0.02%	0.08%	0.02%
BMRN	D	0.42%	0.08%	0.08%
CCK	C	0.4%	0.02%	0.02%
CEG	D	0.69%	0.03%	0.03%
CF	B	0.34%	0.03%	0.03%
CHD	B	0.07%	0.14%	0.07%
CHTR	C	0.82%	0.09%	0.09%
CI	F	0.31%	0.24%	0.24%
CL	D	0.63%	0.17%	0.17%
CLX	B	0.46%	0.01%	0.01%
CTLT	B	0.75%	0.01%	0.01%
CTRA	B	0.27%	0.03%	0.03%
CVX	A	1.31%	0.55%	0.55%
D	C	0.8%	0.14%	0.14%
DD	D	0.35%	0.04%	0.04%
DVA	B	0.01%	0.01%	0.01%
ECL	D	0.5%	0.02%	0.02%
EFX	F	0.2%	0.01%	0.01%
EL	F	0.56%	0.01%	0.01%
EME	C	0.5%	0.08%	0.08%
EMN	D	0.16%	0.02%	0.02%
EMR	A	0.26%	0.05%	0.05%
ENPH	F	0.57%	0.02%	0.02%
EOG	A	1.12%	0.15%	0.15%
EW	C	0.19%	0.12%	0.12%
FCX	D	0.71%	0.04%	0.04%
FOXA	B	0.18%	0.02%	0.02%
GD	F	0.33%	0.07%	0.07%
GDDY	A	0.16%	0.34%	0.16%
GEHC	F	0.01%	0.03%	0.01%
GM	B	2.09%	0.32%	0.32%
H	B	0.17%	0.0%	0.0%
HES	B	0.3%	0.02%	0.02%
HOLX	D	0.58%	0.07%	0.07%
HSIC	B	0.02%	0.01%	0.01%
IDXX	F	0.11%	0.12%	0.11%
ILMN	D	0.22%	0.01%	0.01%
IPG	D	0.1%	0.01%	0.01%
IQV	D	0.33%	0.02%	0.02%
ISRG	A	0.12%	0.04%	0.04%
J	F	0.63%	0.02%	0.02%
JBHT	C	0.9%	0.05%	0.05%
JCI	C	0.81%	0.05%	0.05%
KLAC	D	0.8%	0.29%	0.29%
KMX	B	0.56%	0.03%	0.03%
LHX	C	0.65%	0.04%	0.04%
LII	A	0.84%	0.01%	0.01%
LKQ	D	0.3%	0.02%	0.02%
LRCX	F	1.84%	0.3%	0.3%
MAS	D	0.39%	0.01%	0.01%
MOH	F	0.63%	0.13%	0.13%
MPWR	F	0.03%	0.07%	0.03%
MRO	B	0.59%	0.04%	0.04%
MRVL	B	0.2%	0.02%	0.02%
MTCH	D	0.02%	0.01%	0.01%
MU	D	0.82%	0.07%	0.07%
NBIX	C	0.17%	0.11%	0.11%
NOC	D	0.81%	0.55%	0.55%
NSC	B	0.35%	0.05%	0.05%
OVV	B	0.69%	0.03%	0.03%
PFE	D	0.65%	0.33%	0.33%
PNR	A	0.1%	0.01%	0.01%
PODD	C	0.11%	0.0%	0.0%
PTC	A	0.07%	0.18%	0.07%
PWR	A	0.02%	0.02%	0.02%
QRVO	F	0.88%	0.01%	0.01%
REGN	F	0.08%	0.25%	0.08%
ROST	C	0.06%	0.03%	0.03%
RVTY	F	1.12%	0.01%	0.01%
SO	D	0.27%	0.54%	0.27%
STX	D	0.66%	0.07%	0.07%
SWKS	F	1.21%	0.05%	0.05%
SYK	C	0.23%	0.05%	0.05%
TER	D	0.02%	0.04%	0.02%
TGT	F	2.05%	0.1%	0.1%
TMO	F	0.12%	0.1%	0.1%
TPL	A	0.09%	0.09%	0.09%
TRU	D	0.34%	0.01%	0.01%
TSN	B	1.15%	0.3%	0.3%
TWLO	A	0.29%	0.01%	0.01%
TYL	B	0.19%	0.01%	0.01%
UBER	D	0.03%	0.18%	0.03%
UHS	D	0.8%	0.02%	0.02%
UPS	C	0.8%	0.11%	0.11%
VLTO	D	0.14%	0.08%	0.08%
VMC	B	0.36%	0.02%	0.02%
VRSN	F	0.07%	0.22%	0.07%
VTRS	A	0.14%	0.05%	0.05%
WBA	F	0.92%	0.06%	0.06%
WDC	D	0.65%	0.02%	0.02%
WSM	B	0.23%	0.06%	0.06%
ZBH	C	0.01%	0.02%	0.01%
ZBRA	B	1.0%	0.01%	0.01%
ZTS	D	0.33%	0.25%	0.25%

SHRT Overweight 97 Positions Relative to QUS

Symbol	Grade	Weight
THC	D	1.9%
LPX	B	1.65%
FMC	D	1.45%
CHWY	B	1.34%
CRUS	D	1.26%
ELAN	D	1.13%
PPC	C	1.09%
GTLS	B	1.08%
QGEN	D	1.01%
MATX	C	0.83%
MTZ	B	0.8%
TKO	B	0.78%
INGR	B	0.73%
MKSI	C	0.71%
ICUI	D	0.67%
CROX	D	0.64%
MUR	D	0.61%
RGEN	D	0.55%
POST	C	0.55%
AVNT	B	0.5%
CNX	A	0.5%
NCLH	B	0.48%
FSS	B	0.47%
EXEL	B	0.46%
SCCO	F	0.45%
TPX	B	0.44%
HALO	F	0.44%
GNRC	B	0.43%
SLGN	A	0.38%
LTH	C	0.37%
HAS	D	0.35%
MSGS	A	0.32%
VMI	B	0.32%
XRAY	F	0.31%
JAZZ	B	0.3%
BLD	D	0.29%
MMS	F	0.29%
UI	A	0.26%
ONTO	D	0.26%
TXRH	C	0.25%
ASH	D	0.24%
BPMC	C	0.24%
SKYW	B	0.23%
NFG	A	0.22%
LEVI	F	0.22%
FLS	B	0.21%
PSN	D	0.21%
HIMS	B	0.2%
COTY	F	0.2%
CHDN	B	0.18%
ALKS	B	0.17%
GFS	C	0.16%
ACIW	B	0.16%
ESI	A	0.16%
ADMA	B	0.15%
APPF	B	0.15%
KTB	B	0.15%
SHAK	C	0.14%
RKLB	B	0.13%
SWX	B	0.13%
LYFT	C	0.13%
INFA	D	0.12%
GMED	A	0.11%
CNI	D	0.11%
AWI	A	0.09%
FCN	D	0.09%
SEM	B	0.09%
OLED	D	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%
CWAN	B	0.07%
ABG	B	0.07%
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%
CMC	B	0.03%
DNB	B	0.02%
BFAM	D	0.02%
APG	B	0.02%
TTEK	F	0.02%
R	B	0.01%
RUSHA	C	0.01%
IAC	D	0.01%
SITM	B	0.01%
DOX	D	0.01%
EHC	B	0.01%
OPCH	D	0.01%
CRVL	A	0.0%

SHRT Underweight 480 Positions Relative to QUS

Symbol	Grade	Weight
AAPL	C	-3.24%
NVDA	C	-2.76%
MSFT	F	-2.7%
META	D	-2.32%
UNH	C	-2.21%
LLY	F	-1.92%
V	A	-1.91%
MA	C	-1.69%
JNJ	D	-1.64%
CSCO	B	-1.34%
COST	B	-1.31%
GOOGL	C	-1.2%
ACN	C	-1.18%
GOOG	C	-1.12%
BRK.A	B	-1.1%
TXN	C	-1.06%
JPM	A	-1.06%
PEP	F	-1.01%
WMT	A	-0.94%
VZ	C	-0.81%
KO	D	-0.81%
XOM	B	-0.81%
TMUS	B	-0.78%
LMT	D	-0.72%
APH	A	-0.71%
ADBE	C	-0.71%
MMC	B	-0.69%
AMZN	C	-0.69%
T	A	-0.69%
BAC	A	-0.69%
IBM	C	-0.67%
PGR	A	-0.65%
CB	C	-0.65%
CAT	B	-0.63%
MSI	B	-0.63%
MCK	B	-0.61%
DUK	C	-0.6%
PG	A	-0.59%
AVGO	D	-0.58%
VRTX	F	-0.57%
TJX	A	-0.56%
QCOM	F	-0.55%
ADP	B	-0.54%
RSG	A	-0.54%
HON	B	-0.53%
WCN	A	-0.53%
ORCL	B	-0.53%
WM	A	-0.52%
WFC	A	-0.5%
MCD	D	-0.5%
TRV	B	-0.47%
AJG	B	-0.46%
MRK	F	-0.46%
ROP	B	-0.46%
BLK	C	-0.46%
C	A	-0.45%
GILD	C	-0.43%
ED	D	-0.42%
CMCSA	B	-0.42%
CTSH	B	-0.39%
ACGL	D	-0.38%
AZO	C	-0.36%
HD	A	-0.35%
COR	B	-0.35%
FCNCA	A	-0.34%
BMY	B	-0.34%
PANW	C	-0.32%
MPC	D	-0.32%
FI	A	-0.31%
EA	A	-0.31%
KR	B	-0.31%
GS	A	-0.3%
CDNS	B	-0.29%
WEC	A	-0.29%
K	A	-0.29%
CBOE	B	-0.29%
ELV	F	-0.29%
CVS	D	-0.29%
SNPS	B	-0.28%
TSLA	B	-0.28%
MMM	D	-0.28%
NKE	D	-0.28%
NOW	A	-0.27%
AMGN	D	-0.27%
ITW	B	-0.27%
SHW	A	-0.26%
ORLY	B	-0.26%
KEYS	A	-0.26%
TT	A	-0.26%
GIS	D	-0.25%
BDX	F	-0.24%
CME	A	-0.23%
FFIV	B	-0.23%
KDP	D	-0.23%
CTAS	B	-0.23%
AFL	B	-0.22%
MDLZ	F	-0.22%
CMG	B	-0.22%
FANG	D	-0.22%
MS	A	-0.21%
MCO	B	-0.21%
AON	A	-0.21%
TDY	B	-0.21%
HUM	C	-0.2%
GWW	B	-0.2%
FICO	B	-0.2%
INCY	C	-0.2%
GRMN	B	-0.2%
XEL	A	-0.2%
YUM	B	-0.19%
DHI	D	-0.19%
AEP	D	-0.19%
CDW	F	-0.19%
EG	C	-0.18%
INTC	D	-0.18%
KHC	F	-0.18%
HSY	F	-0.18%
RTX	C	-0.18%
NEM	D	-0.18%
JNPR	F	-0.17%
PNC	B	-0.17%
ERIE	D	-0.17%
COF	B	-0.17%
COP	C	-0.17%
ROL	B	-0.17%
CMI	A	-0.17%
DIS	B	-0.17%
ABT	B	-0.16%
TFC	A	-0.16%
ADSK	A	-0.16%
WTW	B	-0.16%
NTAP	C	-0.16%
USB	A	-0.16%
F	C	-0.16%
CTVA	C	-0.16%
PAYX	C	-0.16%
VLO	C	-0.15%
MKL	A	-0.15%
WMB	A	-0.15%
MDT	D	-0.15%
VRSK	A	-0.15%
AFG	A	-0.15%
WDAY	B	-0.15%
FAST	B	-0.15%
LIN	D	-0.15%
NFLX	A	-0.14%
ADI	D	-0.14%
GLW	B	-0.14%
CPRT	A	-0.14%
ICE	C	-0.14%
PSA	D	-0.14%
AKAM	D	-0.14%
PSX	C	-0.14%
LOW	D	-0.13%
IT	C	-0.13%
GEN	B	-0.13%
ODFL	B	-0.13%
MNST	C	-0.12%
CRM	B	-0.12%
CPB	D	-0.12%
AIG	B	-0.12%
CAH	B	-0.12%
FDX	B	-0.12%
LULU	C	-0.12%
WRB	A	-0.12%
L	A	-0.12%
AIZ	A	-0.12%
AXP	A	-0.11%
NVR	D	-0.11%
PHM	D	-0.11%
A	D	-0.11%
GE	D	-0.11%
AEE	A	-0.11%
PM	B	-0.11%
WBD	C	-0.11%
DTE	C	-0.1%
NEE	D	-0.1%
MCHP	D	-0.1%
KMB	D	-0.1%
OXY	D	-0.1%
UTHR	C	-0.1%
ROK	B	-0.1%
DE	A	-0.1%
DHR	F	-0.09%
PKG	A	-0.09%
CMS	C	-0.09%
DECK	A	-0.09%
MET	A	-0.09%
TSCO	D	-0.09%
HIG	B	-0.09%
BK	A	-0.09%
TROW	B	-0.09%
RMD	C	-0.09%
BBY	D	-0.09%
HRL	D	-0.08%
PYPL	B	-0.08%
PLD	D	-0.08%
ULTA	F	-0.08%
UNP	C	-0.08%
ADM	D	-0.08%
MTB	A	-0.08%
HUBS	A	-0.08%
VEEV	C	-0.08%
CNC	D	-0.08%
PRU	A	-0.08%
MO	A	-0.07%
HUBB	B	-0.07%
MANH	D	-0.07%
SPGI	C	-0.07%
DPZ	C	-0.07%
WAT	B	-0.07%
KMI	A	-0.07%
CFG	B	-0.07%
OMC	C	-0.07%
TW	A	-0.07%
SCHW	B	-0.07%
HPQ	B	-0.07%
MELI	D	-0.07%
NUE	C	-0.07%
DFS	B	-0.07%
ALNY	D	-0.07%
LPLA	A	-0.07%
PCAR	B	-0.06%
SOLV	C	-0.06%
WSO	A	-0.06%
HBAN	A	-0.06%
EXC	C	-0.06%
STT	A	-0.06%
PCG	A	-0.06%
DGX	A	-0.06%
RF	A	-0.06%
DOW	F	-0.06%
DELL	C	-0.06%
HCA	F	-0.06%
FITB	A	-0.06%
SBUX	A	-0.06%
AMD	F	-0.06%
LEN	D	-0.06%
SYF	B	-0.06%
SRE	A	-0.06%
EXPD	D	-0.06%
HPE	B	-0.06%
ALL	A	-0.06%
SNA	A	-0.06%
CRWD	B	-0.06%
WST	C	-0.06%
GEV	B	-0.05%
APD	A	-0.05%
SYY	B	-0.05%
APA	D	-0.05%
BG	F	-0.05%
BX	A	-0.05%
ETR	B	-0.05%
GGG	B	-0.05%
IEX	B	-0.05%
CBRE	B	-0.05%
LNT	A	-0.05%
ETN	A	-0.05%
FDS	B	-0.05%
SLB	C	-0.05%
CSX	B	-0.05%
OKE	A	-0.05%
LNG	B	-0.05%
WELL	A	-0.04%
CARR	D	-0.04%
VICI	C	-0.04%
AMT	D	-0.04%
DLR	B	-0.04%
JKHY	D	-0.04%
INTU	C	-0.04%
KNX	B	-0.04%
BKNG	A	-0.04%
IP	B	-0.04%
PEG	A	-0.04%
PH	A	-0.04%
OTIS	C	-0.04%
GPN	B	-0.04%
AMP	A	-0.04%
URI	B	-0.04%
ATO	A	-0.04%
STLD	B	-0.04%
BSX	B	-0.04%
O	D	-0.04%
KVUE	A	-0.04%
BKR	B	-0.04%
EPAM	C	-0.04%
KKR	A	-0.04%
KEY	B	-0.04%
DVN	F	-0.04%
EIX	B	-0.04%
POOL	C	-0.04%
LYB	F	-0.04%
CCI	D	-0.03%
CNH	C	-0.03%
ES	D	-0.03%
SMCI	F	-0.03%
PPL	B	-0.03%
ALLY	C	-0.03%
RS	B	-0.03%
TTC	D	-0.03%
HAL	C	-0.03%
SW	A	-0.03%
NXPI	D	-0.03%
NRG	B	-0.03%
EQT	B	-0.03%
PARA	C	-0.03%
ACI	C	-0.03%
TRGP	B	-0.03%
BR	A	-0.03%
FSLR	F	-0.03%
APO	B	-0.03%
WY	D	-0.03%
SQ	B	-0.03%
JBL	B	-0.03%
MKTX	D	-0.03%
SEIC	B	-0.03%
SPG	B	-0.03%
LW	C	-0.03%
LH	C	-0.03%
MOS	F	-0.03%
NTRS	A	-0.03%
FIS	C	-0.03%
PFG	D	-0.03%
RJF	A	-0.03%
CINF	A	-0.03%
PAYC	B	-0.03%
DRI	B	-0.02%
APP	B	-0.02%
SSNC	B	-0.02%
CPAY	A	-0.02%
SJM	D	-0.02%
ABNB	C	-0.02%
STZ	D	-0.02%
LDOS	C	-0.02%
AWK	D	-0.02%
AMCR	D	-0.02%
DLTR	F	-0.02%
NDAQ	A	-0.02%
DOV	A	-0.02%
EXPE	B	-0.02%
MLM	B	-0.02%
VTR	C	-0.02%
IR	B	-0.02%
GPC	D	-0.02%
FTV	C	-0.02%
ARE	D	-0.02%
ALB	C	-0.02%
NI	A	-0.02%
EQH	B	-0.02%
IFF	D	-0.02%
KIM	A	-0.02%
MAR	B	-0.02%
EQR	B	-0.02%
TXT	D	-0.02%
APTV	D	-0.02%
EBAY	D	-0.02%
CAG	D	-0.02%
AVB	B	-0.02%
OC	A	-0.02%
FNF	B	-0.02%
CRBG	B	-0.02%
CNP	B	-0.02%
DG	F	-0.02%
EVRG	A	-0.02%
VST	B	-0.02%
WAB	B	-0.02%
SWK	D	-0.02%
CHRW	C	-0.02%
ON	D	-0.02%
BAX	D	-0.02%
BA	F	-0.02%
EQIX	A	-0.02%
EXR	D	-0.02%
DINO	D	-0.02%
AME	A	-0.02%
TAP	C	-0.02%
FE	C	-0.02%
PPG	F	-0.02%
TTD	B	-0.01%
HOOD	B	-0.01%
ENTG	D	-0.01%
RIVN	F	-0.01%
MTD	D	-0.01%
BIO	D	-0.01%
LUV	C	-0.01%
BBWI	D	-0.01%
NDSN	B	-0.01%
Z	A	-0.01%
ALGN	D	-0.01%
LVS	C	-0.01%
LYV	A	-0.01%
TFX	F	-0.01%
VRT	B	-0.01%
SBAC	D	-0.01%
PLTR	B	-0.01%
ARES	A	-0.01%
UDR	B	-0.01%
UHAL	D	-0.01%
CSGP	D	-0.01%
AMH	D	-0.01%
WLK	D	-0.01%
CRL	C	-0.01%
RPRX	D	-0.01%
ANSS	B	-0.01%
MGM	D	-0.01%
TDG	D	-0.01%
MSCI	C	-0.01%
DASH	A	-0.01%
CPT	B	-0.01%
GLPI	C	-0.01%
AVY	D	-0.01%
HII	D	-0.01%
WTRG	B	-0.01%
FBIN	D	-0.01%
HST	C	-0.01%
CSL	C	-0.01%
FOX	A	-0.01%
ESS	B	-0.01%
IRM	D	-0.01%
REG	B	-0.01%
RPM	A	-0.01%
NWSA	B	-0.01%
HLT	A	-0.01%
RCL	A	-0.01%
SUI	D	-0.01%
CE	F	-0.01%
WPC	D	-0.01%
MKC	D	-0.01%
BEN	C	-0.01%
FTNT	C	-0.01%
STE	F	-0.01%
MRNA	F	-0.01%
AES	F	-0.01%
INVH	D	-0.01%
TRMB	B	-0.01%
BURL	A	-0.01%
MAA	B	-0.01%
TTWO	A	-0.01%
ACM	A	-0.01%
DOC	D	-0.01%
COIN	C	-0.01%
DAL	C	-0.01%
XYL	D	-0.01%
CCL	B	-0.01%
HWM	A	-0.01%
CHRD	D	-0.01%
DKS	C	-0.01%
BRO	B	-0.01%
CG	A	-0.01%
BXP	D	-0.01%
ZM	B	-0.01%
CELH	F	-0.0%
IOT	A	-0.0%
ZS	C	-0.0%
TEAM	A	-0.0%
NET	B	-0.0%
RBLX	C	-0.0%
MDB	C	-0.0%
TOST	B	-0.0%
DKNG	B	-0.0%
BSY	D	-0.0%
PSTG	D	-0.0%
DDOG	A	-0.0%
SNAP	C	-0.0%
DT	C	-0.0%
WYNN	D	-0.0%
DOCU	A	-0.0%
EXAS	D	-0.0%
HEI	B	-0.0%
DAY	B	-0.0%
ROKU	D	-0.0%
SNOW	C	-0.0%
PINS	D	-0.0%
DXCM	D	-0.0%
MSTR	C	-0.0%
ELS	C	-0.0%
HEI	B	-0.0%
TECH	D	-0.0%
OKTA	C	-0.0%
AXON	A	-0.0%