FCFY vs. SHRT ETF Comparison

Comparison of First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY) to Gotham Short Strategies ETF (SHRT)

FCFY

First Trust S&P 500 Diversified Free Cash Flow ETF

FCFY Description

Under normal conditions, the fund will invest at least 80% of its net assets in the securities that comprise the index. The index measures the performance of companies within the S&P 500® Index that have the highest relative FCF Yield within each GICS® sector represented in the S&P 500® Index. It is non-diversified.

Grade (RS Rating)

Last Trade

$25.29

Average Daily Volume

283

Number of Holdings ^*

101

* 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

$7.55

Average Daily Volume

2,487

Number of Holdings ^*

200

* may have additional holdings in another (foreign) market

Performance

Period	FCFY	SHRT
30 Days	4.64%	-7.59%
60 Days	4.14%	-8.76%
90 Days	5.21%	-8.43%
12 Months	26.14%	-6.99%

16 Overlapping Holdings

Symbol	Grade	Weight in FCFY	Weight in SHRT	Overlap
BIIB	F	0.51%	1.36%	0.51%
BLDR	D	0.59%	0.02%	0.02%
CI	F	0.81%	0.31%	0.31%
DVA	B	0.64%	0.01%	0.01%
GNRC	B	0.53%	0.43%	0.43%
HAS	D	0.71%	0.35%	0.35%
HOLX	D	0.72%	0.58%	0.58%
IPG	D	1.56%	0.1%	0.1%
J	F	0.52%	0.63%	0.52%
MAS	D	0.49%	0.39%	0.39%
MRO	B	0.6%	0.59%	0.59%
MTCH	D	1.65%	0.02%	0.02%
QRVO	F	1.55%	0.88%	0.88%
SWKS	F	2.9%	1.21%	1.21%
TGT	F	0.67%	2.05%	0.67%
VTRS	A	0.95%	0.14%	0.14%

FCFY Overweight 85 Positions Relative to SHRT

Symbol	Grade	Weight
WBD	C	3.92%
GEN	B	3.05%
HPQ	B	2.91%
HPE	B	2.73%
SYF	B	2.36%
EPAM	C	2.35%
JBL	B	2.29%
QCOM	F	2.17%
FFIV	B	2.1%
T	A	1.89%
NTAP	C	1.81%
EXPE	B	1.77%
CAH	B	1.67%
CSCO	B	1.66%
TPR	B	1.64%
COF	B	1.62%
NRG	B	1.5%
IBM	C	1.48%
AKAM	D	1.34%
LEN	D	1.29%
COR	B	1.24%
BMY	B	1.19%
DFS	B	1.15%
SOLV	C	1.07%
RL	B	1.04%
FIS	C	1.02%
SNA	A	1.01%
NTRS	A	0.97%
MO	A	0.97%
TAP	C	0.94%
MET	A	0.91%
VLO	C	0.91%
ADM	D	0.88%
WFC	A	0.86%
ABNB	C	0.84%
PRU	A	0.83%
MCK	B	0.8%
EG	C	0.79%
BWA	D	0.77%
GILD	C	0.76%
IVZ	B	0.75%
TFC	A	0.73%
BBY	D	0.72%
CFG	B	0.72%
MPC	D	0.69%
BG	F	0.67%
MHK	D	0.65%
JNJ	D	0.65%
CNC	D	0.64%
CAG	D	0.62%
DVN	F	0.6%
PCAR	B	0.59%
MMM	D	0.58%
HBAN	A	0.58%
NUE	C	0.58%
APTV	D	0.57%
KMB	D	0.54%
LDOS	C	0.53%
BEN	C	0.53%
AME	A	0.5%
VST	B	0.49%
WAB	B	0.49%
HAL	C	0.48%
GIS	D	0.48%
CAT	B	0.47%
FTV	C	0.45%
EXPD	D	0.44%
LMT	D	0.43%
TXT	D	0.43%
ACGL	D	0.43%
SPG	B	0.4%
SW	A	0.39%
SWK	D	0.39%
NEE	D	0.38%
LYB	F	0.38%
BXP	D	0.36%
HST	C	0.35%
ARE	D	0.34%
VICI	C	0.32%
STLD	B	0.3%
WEC	A	0.28%
PPG	F	0.26%
O	D	0.25%
DOC	D	0.24%
CE	F	0.16%

FCFY Underweight 184 Positions Relative to SHRT

Symbol	Grade	Weight
GM	B	-2.09%
THC	D	-1.9%
LRCX	F	-1.84%
LPX	B	-1.65%
FMC	D	-1.45%
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	B	-1.08%
QGEN	D	-1.01%
ZBRA	B	-1.0%
WBA	F	-0.92%
JBHT	C	-0.9%
LII	A	-0.84%
MATX	C	-0.83%
MU	D	-0.82%
CHTR	C	-0.82%
JCI	C	-0.81%
NOC	D	-0.81%
MTZ	B	-0.8%
D	C	-0.8%
KLAC	D	-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%
WDC	D	-0.65%
LHX	C	-0.65%
PFE	D	-0.65%
CROX	D	-0.64%
CL	D	-0.63%
MOH	F	-0.63%
BALL	D	-0.62%
MUR	D	-0.61%
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%
ABBV	D	-0.48%
NCLH	B	-0.48%
FSS	B	-0.47%
CLX	B	-0.46%
EXEL	B	-0.46%
SCCO	F	-0.45%
TPX	B	-0.44%
HALO	F	-0.44%
BMRN	D	-0.42%
CCK	C	-0.4%
SLGN	A	-0.38%
LTH	C	-0.37%
VMC	B	-0.36%
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%
AMAT	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%
SYK	C	-0.23%
SKYW	B	-0.23%
WSM	B	-0.23%
ILMN	D	-0.22%
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%
MRVL	B	-0.2%
EW	C	-0.19%
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%
VLTO	D	-0.14%
SHAK	C	-0.14%
RKLB	B	-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	D	-0.11%
IDXX	F	-0.11%
PNR	A	-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%
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	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%
UBER	D	-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%
TTEK	F	-0.02%
R	B	-0.01%
RUSHA	C	-0.01%
GEHC	F	-0.01%
IAC	D	-0.01%
SITM	B	-0.01%
DOX	D	-0.01%
ZBH	C	-0.01%
EHC	B	-0.01%
OPCH	D	-0.01%
CRVL	A	-0.0%