BSMC vs. SHRT ETF Comparison

Comparison of Brandes U.S. Small-Mid Cap Value ETF (BSMC) to Gotham Short Strategies ETF (SHRT)

BSMC

Brandes U.S. Small-Mid Cap Value ETF

BSMC Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to attain its investment objective by investing primarily in equity securities of U.S. companies with small- and mid-market capitalizations (market value of publicly traded equity securities).

Grade (RS Rating)

Last Trade

$30.61

Average Daily Volume

8,549

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$8.11

Average Daily Volume

1,828

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	BSMC	SHRT
30 Days	-0.62%	-3.51%
60 Days	-1.04%	-1.82%
90 Days	3.76%	-3.11%
12 Months	23.18%

12 Overlapping Holdings

Symbol	Grade	Weight in BSMC	Weight in SHRT	Overlap
ARW	D	0.87%	0.14%	0.14%
AVT	B	0.91%	0.02%	0.02%
ELAN	D	1.39%	1.06%	1.06%
INGR	C	1.65%	0.51%	0.51%
IPG	F	1.92%	0.1%	0.1%
LEVI	F	1.17%	0.14%	0.14%
OGN	D	1.24%	0.05%	0.05%
QRVO	F	1.28%	1.21%	1.21%
SEE	A	0.9%	0.37%	0.37%
SMG	A	1.5%	0.73%	0.73%
TAP	D	2.07%	0.1%	0.1%
XRAY	F	1.24%	0.55%	0.55%

BSMC Overweight 52 Positions Relative to SHRT

Symbol	Grade	Weight
DOX	B	3.23%
NTGR	A	2.67%
ERJ	C	2.57%
PINC	A	2.53%
EPC	D	2.44%
IPGP	B	2.22%
FFIV	A	2.21%
DGX	B	2.11%
IFF	D	2.1%
CFG	A	1.97%
NPK	F	1.93%
HCSG	A	1.91%
UNF	D	1.87%
EQC	C	1.78%
TXT	F	1.74%
SXT	C	1.69%
MD	A	1.67%
MCY	B	1.64%
GRFS	B	1.58%
SEIC	A	1.57%
KMT	B	1.51%
PAHC	B	1.51%
OMF	A	1.46%
MOG.A	C	1.42%
PHG	D	1.36%
UTHR	A	1.32%
SHC	C	1.28%
IMKTA	D	1.18%
WTW	A	1.14%
STT	A	1.13%
WHR	B	1.11%
ORI	D	1.07%
PBH	A	1.04%
KNX	A	1.01%
CPB	D	0.98%
WKC	D	0.98%
WTM	B	0.9%
LANC	B	0.9%
CNA	D	0.88%
KELYA	D	0.87%
ARLO	F	0.87%
WMK	D	0.84%
SON	F	0.81%
VRNT	F	0.79%
HSIC	D	0.78%
SKX	D	0.77%
ZBH	C	0.76%
FTRE	F	0.72%
SEB	F	0.49%
LSTR	D	0.41%
HTLD	F	0.32%
SCHL	F	0.27%

BSMC Underweight 185 Positions Relative to SHRT

Symbol	Grade	Weight
LPX	D	-1.96%
TGT	D	-1.89%
NRG	B	-1.7%
MU	C	-1.58%
FMC	B	-1.51%
THC	C	-1.5%
DVN	F	-1.47%
D	B	-1.43%
LRCX	F	-1.43%
MIDD	F	-1.42%
CHWY	D	-1.41%
AMAT	F	-1.38%
MTZ	A	-1.36%
CRUS	F	-1.3%
CCL	A	-1.26%
SWKS	F	-1.24%
DAR	B	-1.14%
MMM	D	-1.12%
BDX	C	-1.1%
AXTA	A	-1.09%
MUR	F	-1.06%
BWA	D	-1.02%
TMO	D	-1.01%
TSN	D	-0.98%
RVTY	C	-0.92%
LEA	F	-0.91%
PPC	A	-0.9%
UHS	D	-0.88%
MRO	C	-0.87%
QGEN	D	-0.85%
ALNY	C	-0.85%
DOV	B	-0.85%
RGEN	D	-0.83%
H	D	-0.83%
RMD	A	-0.83%
CNC	D	-0.83%
ALKS	F	-0.82%
IDXX	F	-0.8%
SWK	D	-0.8%
WDAY	F	-0.79%
APTV	F	-0.77%
CCK	B	-0.73%
MKSI	F	-0.73%
PEGA	A	-0.71%
J	D	-0.7%
MO	A	-0.69%
CTLT	D	-0.69%
KLAC	F	-0.67%
CHTR	B	-0.66%
ENPH	F	-0.66%
GRMN	A	-0.66%
WDC	C	-0.63%
AVTR	F	-0.62%
ICUI	C	-0.59%
NWSA	A	-0.59%
CL	F	-0.58%
RBA	A	-0.56%
BIIB	F	-0.55%
BALL	F	-0.53%
POST	D	-0.53%
TKO	D	-0.52%
HOLX	A	-0.51%
MATX	A	-0.47%
ADMA	B	-0.46%
DG	F	-0.45%
LYB	F	-0.45%
EL	F	-0.45%
HALO	B	-0.44%
RRX	A	-0.43%
KMX	F	-0.42%
WFG	C	-0.42%
GM	B	-0.4%
GFS	F	-0.4%
SPOT	A	-0.38%
MSGS	A	-0.38%
AVNT	D	-0.36%
JBHT	A	-0.35%
ABBV	A	-0.35%
MOH	D	-0.33%
MMS	D	-0.32%
PPL	C	-0.32%
IP	A	-0.32%
ISRG	B	-0.31%
UI	A	-0.3%
FSS	F	-0.3%
NFG	C	-0.29%
FCX	D	-0.29%
IQV	F	-0.28%
SLGN	A	-0.27%
ONTO	F	-0.27%
ASH	F	-0.27%
GPK	D	-0.26%
QLYS	F	-0.26%
GPI	C	-0.26%
LTH	D	-0.26%
JAZZ	D	-0.26%
COP	D	-0.25%
GOLF	D	-0.22%
MPWR	F	-0.22%
MRVL	A	-0.19%
BMRN	F	-0.19%
GAP	D	-0.18%
TWLO	A	-0.17%
OXY	F	-0.17%
DRI	C	-0.17%
SGBX	F	-0.17%
COTY	F	-0.16%
COR	A	-0.16%
TPX	F	-0.16%
ON	D	-0.15%
IGT	F	-0.14%
ROST	F	-0.14%
SWX	C	-0.13%
HOG	F	-0.13%
CI	D	-0.12%
MSA	F	-0.12%
NBIX	C	-0.12%
WSM	F	-0.11%
NSC	B	-0.11%
VZ	D	-0.11%
OVV	F	-0.1%
WBA	C	-0.1%
AZEK	C	-0.1%
TFX	F	-0.1%
CSX	F	-0.09%
PNR	B	-0.09%
MMSI	B	-0.09%
WAT	A	-0.09%
IAC	F	-0.09%
CMC	A	-0.09%
SYY	D	-0.08%
RKLB	A	-0.08%
QCOM	D	-0.08%
CVLT	B	-0.08%
SM	F	-0.08%
SCCO	B	-0.07%
CWAN	B	-0.07%
NTRA	B	-0.07%
EFX	D	-0.07%
STE	D	-0.07%
ETSY	D	-0.06%
STZ	F	-0.06%
MTD	D	-0.06%
GDDY	A	-0.06%
SNDR	A	-0.05%
TPL	A	-0.05%
VRNS	D	-0.05%
MAT	A	-0.05%
KWR	D	-0.05%
TTC	F	-0.05%
AVY	D	-0.05%
WING	F	-0.05%
UNP	D	-0.05%
ALGN	F	-0.04%
A	D	-0.04%
MHK	D	-0.04%
BCPC	C	-0.03%
RBC	D	-0.03%
SITM	B	-0.03%
COKE	D	-0.03%
POOL	B	-0.03%
SSNC	D	-0.02%
ACIW	C	-0.02%
NEU	D	-0.02%
TER	F	-0.02%
COLM	C	-0.02%
ZTS	D	-0.02%
BFAM	C	-0.02%
FLNC	B	-0.01%
MEDP	F	-0.01%
U	C	-0.01%
AOS	F	-0.01%
PLNT	D	-0.01%
LFUS	D	-0.01%
MDLZ	D	-0.01%
VMI	A	-0.01%
BMI	D	-0.01%
ADTN	B	-0.0%
DNB	B	-0.0%
REYN	F	-0.0%
VFC	A	-0.0%
VRSN	F	-0.0%
ESI	A	-0.0%
ACLX	B	-0.0%
ALGM	F	-0.0%