SHRT vs. SZNE ETF Comparison

Comparison of Gotham Short Strategies ETF (SHRT) to Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF (SZNE)

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

$7.56

Average Daily Volume

2,510

Number of Holdings ^*

200

* may have additional holdings in another (foreign) market

SZNE

Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF

SZNE Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer CFRA-Stovall Equal Weight Seasonal Rotation Index. The fund invests at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of its underlying index or in one or more ETFs that track the performance of all or a portion of such component securities in the same approximate proportion as in its underlying index. The index uses an objective, rules-based methodology to track the performance of a semi-annual rotation of certain sectors within the S&P 500 Equal Weight Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$38.55

Average Daily Volume

3,542

Number of Holdings ^*

223

* may have additional holdings in another (foreign) market

Performance

Period	SHRT	SZNE
30 Days	-6.95%	1.36%
60 Days	-8.41%	-0.91%
90 Days	-8.30%	-0.42%
12 Months	-6.87%	16.12%

50 Overlapping Holdings

Symbol	Grade	Weight in SHRT	Weight in SZNE	Overlap
ALLE	C	0.21%	0.3%	0.21%
AMAT	F	0.31%	0.33%	0.31%
ANET	C	0.51%	0.38%	0.38%
AOS	F	0.02%	0.27%	0.02%
BALL	F	0.62%	0.78%	0.62%
BLDR	D	0.02%	0.29%	0.02%
CF	A	0.34%	0.91%	0.34%
DD	C	0.35%	0.86%	0.35%
ECL	D	0.5%	0.84%	0.5%
EFX	F	0.2%	0.26%	0.2%
EMN	C	0.16%	0.83%	0.16%
EMR	B	0.26%	0.37%	0.26%
ENPH	F	0.57%	0.18%	0.18%
FCX	F	0.71%	0.87%	0.71%
FMC	D	1.45%	0.75%	0.75%
GD	D	0.33%	0.31%	0.31%
GDDY	A	0.16%	0.42%	0.16%
GM	C	2.09%	0.58%	0.58%
GNRC	C	0.43%	0.41%	0.41%
HAS	D	0.35%	0.43%	0.35%
J	D	0.63%	0.37%	0.37%
JBHT	C	0.9%	0.34%	0.34%
JCI	B	0.81%	0.35%	0.35%
KLAC	F	0.8%	0.31%	0.31%
KMX	B	0.56%	0.46%	0.46%
LHX	C	0.65%	0.34%	0.34%
LKQ	F	0.3%	0.44%	0.3%
LRCX	F	1.84%	0.33%	0.33%
MAS	D	0.39%	0.29%	0.29%
MPWR	F	0.03%	0.24%	0.03%
MU	D	0.82%	0.38%	0.38%
NCLH	B	0.48%	0.67%	0.48%
NOC	D	0.81%	0.31%	0.31%
NSC	B	0.35%	0.32%	0.32%
PNR	A	0.1%	0.34%	0.1%
PTC	B	0.07%	0.38%	0.07%
PWR	A	0.02%	0.36%	0.02%
QRVO	F	0.88%	0.21%	0.21%
ROST	D	0.06%	0.42%	0.06%
STX	C	0.66%	0.33%	0.33%
SWKS	F	1.21%	0.29%	0.29%
TER	F	0.02%	0.28%	0.02%
TYL	B	0.19%	0.36%	0.19%
UBER	F	0.03%	0.29%	0.03%
UPS	C	0.8%	0.3%	0.3%
VLTO	C	0.14%	0.28%	0.14%
VMC	B	0.36%	1.04%	0.36%
VRSN	C	0.07%	0.34%	0.07%
WDC	D	0.65%	0.33%	0.33%
ZBRA	B	1.0%	0.41%	0.41%

SHRT Overweight 150 Positions Relative to SZNE

Symbol	Grade	Weight
TGT	F	2.05%
THC	D	1.9%
LPX	B	1.65%
BIIB	F	1.36%
CHWY	B	1.34%
CVX	A	1.31%
CRUS	D	1.26%
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%
LII	A	0.84%
MATX	C	0.83%
CHTR	C	0.82%
MTZ	B	0.8%
D	C	0.8%
UHS	D	0.8%
TKO	A	0.78%
CTLT	C	0.75%
INGR	C	0.73%
MKSI	C	0.71%
CEG	C	0.69%
OVV	B	0.69%
ICUI	D	0.67%
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%
EL	F	0.56%
RGEN	D	0.55%
POST	C	0.55%
EME	A	0.5%
AVNT	B	0.5%
CNX	A	0.5%
AVTR	F	0.49%
ABBV	F	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%
CCK	D	0.4%
SLGN	A	0.38%
LTH	C	0.37%
TRU	D	0.34%
ZTS	D	0.33%
IQV	F	0.33%
MSGS	A	0.32%
VMI	B	0.32%
CI	D	0.31%
XRAY	F	0.31%
JAZZ	B	0.3%
HES	B	0.3%
TWLO	A	0.29%
BLD	D	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%
FLS	B	0.21%
PSN	D	0.21%
BAH	F	0.2%
HIMS	B	0.2%
COTY	F	0.2%
MRVL	B	0.2%
EW	C	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%
ACIW	B	0.16%
ESI	B	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%
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%
CHD	A	0.07%
CWAN	B	0.07%
ABG	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%
CMC	B	0.03%
DNB	B	0.02%
BFAM	D	0.02%
HSIC	C	0.02%
APG	B	0.02%
MTCH	D	0.02%
TTEK	F	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 173 Positions Relative to SZNE

Symbol	Grade	Weight
STLD	B	-1.1%
IP	A	-1.01%
MLM	C	-1.0%
ALB	B	-1.0%
SW	A	-0.97%
PKG	A	-0.97%
APD	A	-0.94%
NUE	C	-0.92%
SHW	B	-0.87%
CTVA	C	-0.86%
MOS	F	-0.84%
LIN	C	-0.83%
PPG	F	-0.82%
AVY	F	-0.79%
AMCR	C	-0.79%
LYB	F	-0.77%
DOW	F	-0.77%
IFF	D	-0.74%
CCL	A	-0.67%
NEM	D	-0.66%
TSLA	B	-0.66%
RCL	A	-0.66%
EXPE	B	-0.63%
BKNG	A	-0.59%
MAR	A	-0.58%
GRMN	B	-0.58%
PLTR	B	-0.57%
LVS	B	-0.57%
TPR	B	-0.56%
LULU	C	-0.56%
RL	C	-0.55%
HLT	A	-0.54%
CE	F	-0.53%
UAL	A	-0.53%
ABNB	C	-0.53%
DECK	A	-0.53%
AMZN	C	-0.52%
DPZ	C	-0.51%
WYNN	C	-0.51%
BWA	D	-0.51%
ORLY	B	-0.51%
LOW	C	-0.5%
HD	B	-0.5%
CMG	B	-0.5%
F	C	-0.49%
DRI	B	-0.49%
AZO	C	-0.48%
TJX	A	-0.47%
YUM	D	-0.47%
SBUX	A	-0.47%
MGM	D	-0.47%
ULTA	F	-0.47%
POOL	C	-0.47%
MCD	D	-0.47%
CZR	F	-0.47%
TSCO	D	-0.46%
AXON	A	-0.46%
CRWD	B	-0.45%
FTNT	C	-0.45%
NVR	D	-0.45%
CRM	B	-0.45%
NKE	F	-0.45%
EBAY	D	-0.45%
FICO	B	-0.43%
HPE	B	-0.43%
BBY	D	-0.43%
GEV	B	-0.43%
PHM	D	-0.43%
TRMB	B	-0.43%
LEN	D	-0.42%
GPC	D	-0.42%
NVDA	B	-0.42%
JBL	C	-0.42%
DAL	B	-0.42%
MHK	D	-0.42%
EPAM	B	-0.41%
INTC	C	-0.41%
DAY	B	-0.4%
CSCO	B	-0.4%
DELL	B	-0.4%
NOW	A	-0.4%
PAYC	B	-0.4%
TDY	B	-0.39%
MSI	B	-0.39%
DHI	F	-0.39%
GEN	B	-0.39%
PANW	B	-0.39%
ADSK	A	-0.39%
ORCL	A	-0.39%
FFIV	B	-0.39%
HPQ	B	-0.38%
CDNS	B	-0.38%
APH	A	-0.38%
APTV	F	-0.38%
SNPS	B	-0.38%
LDOS	C	-0.38%
GLW	B	-0.38%
SNA	A	-0.38%
PCAR	B	-0.37%
ANSS	B	-0.37%
AVGO	D	-0.36%
FAST	B	-0.36%
CTSH	B	-0.36%
ETN	A	-0.36%
TXN	C	-0.36%
GWW	B	-0.36%
KEYS	A	-0.36%
PH	A	-0.36%
INTU	B	-0.36%
IT	C	-0.36%
AME	A	-0.35%
CMI	A	-0.35%
NTAP	C	-0.35%
WAB	B	-0.35%
URI	C	-0.35%
ODFL	C	-0.35%
ACN	B	-0.35%
HWM	A	-0.35%
JNPR	D	-0.34%
HUBB	B	-0.34%
CPRT	B	-0.34%
CAT	B	-0.34%
IEX	C	-0.34%
ROP	B	-0.34%
IR	B	-0.34%
AAPL	C	-0.34%
HON	C	-0.34%
DOV	A	-0.33%
ADP	A	-0.33%
PAYX	B	-0.33%
ADI	D	-0.33%
MSFT	D	-0.33%
QCOM	F	-0.33%
ON	D	-0.33%
NXPI	D	-0.33%
TT	A	-0.33%
LUV	C	-0.33%
ADBE	C	-0.33%
IBM	C	-0.33%
VRSK	A	-0.32%
OTIS	C	-0.32%
AMD	F	-0.32%
BR	A	-0.32%
ITW	B	-0.32%
CSX	C	-0.32%
CHRW	B	-0.32%
CTAS	B	-0.32%
WM	B	-0.32%
GE	D	-0.31%
RSG	A	-0.31%
AKAM	D	-0.31%
RTX	D	-0.31%
ROK	C	-0.31%
TXT	D	-0.3%
TDG	D	-0.3%
FDX	B	-0.3%
ROL	B	-0.3%
FTV	C	-0.3%
NDSN	B	-0.3%
UNP	C	-0.29%
MCHP	F	-0.29%
MMM	D	-0.29%
CDW	F	-0.29%
CARR	C	-0.29%
LMT	D	-0.29%
EXPD	C	-0.29%
DE	B	-0.29%
BA	F	-0.28%
XYL	D	-0.28%
FSLR	F	-0.27%
SWK	D	-0.26%
HII	F	-0.24%
SMCI	F	-0.16%