GSPY vs. QDEF ETF Comparison

Comparison of Gotham Enhanced 500 ETF (GSPY) to FlexShares Quality Dividend Defensive Index Fund (QDEF)

GSPY

Gotham Enhanced 500 ETF

GSPY Description

The investment seeks long-term capital appreciation. The fund is an actively-managed ETF that seeks to achieve its investment objective by generally investing in securities of issuers included in the S&P 500® Index. It is not a passive index fund, but instead utilizes an enhanced strategy implemented by the fund's investment sub-adviser to invest in the securities in the index and weight those securities based on the Sub-Adviser's assessment of value and each security's weight in the ndex.

Grade (RS Rating)

Last Trade

$32.82

Average Daily Volume

44,418

Number of Holdings ^*

497

* may have additional holdings in another (foreign) market

QDEF

FlexShares Quality Dividend Defensive Index Fund

QDEF Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Quality Dividend Defensive IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index. The underlying index is designed to provide exposure to a high-quality, income-oriented portfolio of U.S. equity securities, with an emphasis on long-term capital growth and a targeted overall volatility that is lower than that of the Northern Trust 1250 IndexSM. It may also invest up to 20% of its assets in cash and cash equivalents.

Grade (RS Rating)

Last Trade

$73.05

Average Daily Volume

6,852

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	GSPY	QDEF
30 Days	2.91%	1.58%
60 Days	4.43%	2.63%
90 Days	6.24%	4.66%
12 Months	30.89%	30.49%

87 Overlapping Holdings

Symbol	Grade	Weight in GSPY	Weight in QDEF	Overlap
AAPL	C	6.54%	6.07%	6.07%
ABBV	D	0.2%	2.6%	0.2%
ADP	B	0.14%	1.13%	0.14%
AFL	B	0.04%	0.6%	0.04%
AIZ	A	0.01%	0.58%	0.01%
AMT	D	0.06%	0.82%	0.06%
AVB	B	0.02%	0.18%	0.02%
AVGO	D	1.12%	0.88%	0.88%
AVY	D	0.07%	0.48%	0.07%
BAC	A	0.67%	0.02%	0.02%
BK	A	0.11%	0.67%	0.11%
BMY	B	0.08%	0.45%	0.08%
CAH	B	0.02%	0.17%	0.02%
CI	F	0.5%	0.83%	0.5%
CME	A	0.09%	0.71%	0.09%
COR	B	0.23%	0.57%	0.23%
COST	B	0.27%	0.24%	0.24%
CPT	B	0.01%	0.51%	0.01%
CSCO	B	0.67%	0.61%	0.61%
D	C	0.23%	0.56%	0.23%
DELL	C	0.45%	0.46%	0.45%
DPZ	C	0.01%	0.41%	0.01%
DUK	C	0.06%	0.77%	0.06%
EA	A	0.08%	0.6%	0.08%
EBAY	D	0.17%	0.4%	0.17%
ED	D	0.02%	0.49%	0.02%
EQR	B	0.02%	0.53%	0.02%
ESS	B	0.01%	0.54%	0.01%
EVRG	A	0.01%	0.4%	0.01%
EXC	C	0.03%	0.39%	0.03%
EXPD	D	0.01%	0.42%	0.01%
FAST	B	0.03%	0.58%	0.03%
FIS	C	0.03%	0.6%	0.03%
GEN	B	0.1%	0.59%	0.1%
GILD	C	0.59%	1.03%	0.59%
GIS	D	0.02%	0.45%	0.02%
GOOGL	C	4.49%	1.36%	1.36%
HD	A	0.69%	3.07%	0.69%
IBM	C	0.13%	1.7%	0.13%
INTU	C	0.11%	1.29%	0.11%
IPG	D	0.05%	0.46%	0.05%
ITW	B	0.34%	0.74%	0.34%
JNJ	D	1.06%	2.93%	1.06%
JPM	A	1.44%	0.73%	0.73%
K	A	0.03%	0.53%	0.03%
KLAC	D	0.39%	0.79%	0.39%
KMB	D	0.26%	0.51%	0.26%
KO	D	0.4%	0.65%	0.4%
LDOS	C	0.12%	0.57%	0.12%
LMT	D	0.53%	1.05%	0.53%
LOW	D	0.79%	0.47%	0.47%
MA	C	0.89%	0.23%	0.23%
MAA	B	0.01%	0.53%	0.01%
MAS	D	0.08%	0.23%	0.08%
MCK	B	0.22%	0.71%	0.22%
MET	A	0.13%	0.53%	0.13%
META	D	3.24%	2.76%	2.76%
MMM	D	0.37%	0.66%	0.37%
MO	A	0.54%	0.86%	0.54%
MRK	F	1.17%	2.25%	1.17%
MSFT	F	6.96%	4.97%	4.97%
MSI	B	0.05%	0.74%	0.05%
NVDA	C	6.55%	6.0%	6.0%
OTIS	C	0.19%	0.51%	0.19%
PAYX	C	0.03%	0.63%	0.03%
PEG	A	0.03%	0.26%	0.03%
PG	A	0.32%	2.83%	0.32%
PM	B	1.05%	1.65%	1.05%
PNW	B	0.0%	0.52%	0.0%
PPL	B	0.02%	0.55%	0.02%
PSA	D	0.03%	0.59%	0.03%
QCOM	F	0.92%	1.65%	0.92%
RMD	C	0.02%	0.54%	0.02%
ROL	B	0.02%	0.12%	0.02%
SBUX	A	0.07%	0.98%	0.07%
SWKS	F	0.01%	0.39%	0.01%
T	A	0.47%	0.77%	0.47%
TJX	A	0.22%	0.99%	0.22%
TMUS	B	1.28%	1.14%	1.14%
V	A	1.42%	0.38%	0.38%
VRSK	A	0.02%	0.57%	0.02%
VZ	C	0.6%	0.65%	0.6%
WEC	A	0.02%	0.28%	0.02%
WMT	A	0.46%	0.12%	0.12%
WTW	B	0.02%	0.58%	0.02%
XOM	B	0.9%	0.5%	0.5%
ZTS	D	0.05%	0.11%	0.05%

GSPY Overweight 410 Positions Relative to QDEF

Symbol	Grade	Weight
AMZN	C	4.53%
BRK.A	B	1.9%
TSLA	B	1.14%
GE	D	1.01%
CAT	B	0.98%
BKNG	A	0.79%
UNH	C	0.79%
FI	A	0.7%
CVX	A	0.67%
AMAT	F	0.66%
HON	B	0.54%
MMC	B	0.51%
WFC	A	0.46%
DIS	B	0.45%
TT	A	0.44%
LLY	F	0.44%
AXP	A	0.44%
LRCX	F	0.43%
ELV	F	0.43%
UNP	C	0.42%
HCA	F	0.41%
PYPL	B	0.4%
MS	A	0.4%
GS	A	0.4%
AON	A	0.39%
CMCSA	B	0.39%
NKE	D	0.38%
ABT	B	0.38%
MDLZ	F	0.36%
GD	F	0.36%
CL	D	0.36%
CEG	D	0.35%
EMR	A	0.35%
CVS	D	0.34%
ORCL	B	0.34%
BLK	C	0.33%
FDX	B	0.33%
DHR	F	0.32%
PEP	F	0.32%
GM	B	0.31%
SLB	C	0.29%
MAR	B	0.29%
TRV	B	0.28%
KKR	A	0.28%
TGT	F	0.27%
CMI	A	0.27%
BX	A	0.26%
JCI	C	0.26%
C	A	0.25%
ROST	C	0.25%
NFLX	A	0.25%
SCHW	B	0.23%
GRMN	B	0.22%
LHX	C	0.22%
KR	B	0.22%
KDP	D	0.21%
MU	D	0.21%
STZ	D	0.21%
CRM	B	0.21%
BKR	B	0.21%
VLO	C	0.21%
PRU	A	0.21%
DAL	C	0.21%
CB	C	0.21%
HPQ	B	0.2%
KHC	F	0.2%
LULU	C	0.2%
YUM	B	0.18%
WAB	B	0.18%
HUM	C	0.17%
SYY	B	0.17%
CSX	B	0.16%
LVS	C	0.16%
DD	D	0.16%
HIG	B	0.16%
ACN	C	0.15%
USB	A	0.15%
ICE	C	0.15%
PNC	B	0.15%
NOC	D	0.14%
MCD	D	0.14%
LIN	D	0.14%
AMD	F	0.14%
NTAP	C	0.14%
CNC	D	0.14%
DOV	A	0.14%
CPAY	A	0.14%
ADBE	C	0.14%
PGR	A	0.13%
LYB	F	0.13%
TMO	F	0.13%
HAL	C	0.13%
COF	B	0.13%
HPE	B	0.13%
OKE	A	0.13%
PPG	F	0.13%
TFC	A	0.12%
TXN	C	0.12%
NOW	A	0.12%
CHTR	C	0.11%
RTX	C	0.11%
TSN	B	0.11%
BIIB	F	0.11%
OMC	C	0.11%
EXPE	B	0.11%
NRG	B	0.11%
GWW	B	0.11%
ROP	B	0.11%
CDW	F	0.11%
CINF	A	0.11%
ISRG	A	0.11%
BLDR	D	0.11%
VRSN	F	0.1%
IP	B	0.1%
PLTR	B	0.1%
AMGN	D	0.1%
CLX	B	0.1%
BBY	D	0.1%
FOXA	B	0.1%
BALL	D	0.1%
SNA	A	0.1%
SPGI	C	0.1%
NEE	D	0.1%
AMP	A	0.1%
HOLX	D	0.09%
BSX	B	0.09%
COP	C	0.09%
SYK	C	0.09%
LEN	D	0.09%
L	A	0.09%
URI	B	0.09%
VLTO	D	0.09%
ZBRA	B	0.09%
UBER	D	0.09%
PFE	D	0.09%
ETN	A	0.09%
BR	A	0.09%
DG	F	0.08%
FFIV	B	0.08%
J	F	0.08%
PANW	C	0.08%
MOH	F	0.08%
PNR	A	0.08%
DFS	B	0.08%
JBL	B	0.08%
PCG	A	0.08%
RL	B	0.07%
ADI	D	0.07%
UHS	D	0.07%
INTC	D	0.07%
PLD	D	0.07%
TAP	C	0.07%
PSX	C	0.07%
TPR	B	0.07%
DE	A	0.07%
MDT	D	0.07%
ANET	C	0.07%
CTSH	B	0.07%
VRTX	F	0.07%
UPS	C	0.07%
VTRS	A	0.07%
WELL	A	0.06%
SOLV	C	0.06%
ABNB	C	0.06%
EMN	D	0.06%
ANSS	B	0.06%
MRO	B	0.06%
ALLE	D	0.06%
APH	A	0.06%
PH	A	0.06%
WM	A	0.06%
APTV	D	0.06%
FITB	A	0.06%
BA	F	0.06%
SHW	A	0.06%
TROW	B	0.06%
SWK	D	0.06%
GEV	B	0.06%
TTWO	A	0.06%
SO	D	0.06%
EPAM	C	0.06%
BEN	C	0.06%
DVA	B	0.06%
MTB	A	0.06%
WMB	A	0.05%
APD	A	0.05%
EQIX	A	0.05%
SYF	B	0.05%
REGN	F	0.05%
SNPS	B	0.05%
CTAS	B	0.05%
MCO	B	0.05%
EOG	A	0.05%
CRWD	B	0.05%
STT	A	0.05%
CMG	B	0.05%
LKQ	D	0.05%
CDNS	B	0.05%
SW	A	0.05%
SMCI	F	0.05%
OXY	D	0.04%
TDY	B	0.04%
BWA	D	0.04%
MTCH	D	0.04%
NXPI	D	0.04%
MNST	C	0.04%
DLR	B	0.04%
PCAR	B	0.04%
NSC	B	0.04%
CE	F	0.04%
WBA	F	0.04%
SRE	A	0.04%
CZR	F	0.04%
SPG	B	0.04%
ORLY	B	0.04%
CFG	B	0.04%
RCL	A	0.04%
MHK	D	0.04%
BDX	F	0.04%
KMI	A	0.04%
HLT	A	0.04%
FCX	D	0.04%
RSG	A	0.04%
NTRS	A	0.04%
TDG	D	0.04%
AJG	B	0.04%
ECL	D	0.04%
ADSK	A	0.04%
CARR	D	0.04%
FTNT	C	0.04%
GLW	B	0.03%
MSCI	C	0.03%
XEL	A	0.03%
CTVA	C	0.03%
RJF	A	0.03%
IR	B	0.03%
EW	C	0.03%
HES	B	0.03%
F	C	0.03%
GEHC	F	0.03%
PWR	A	0.03%
TRGP	B	0.03%
AME	A	0.03%
ODFL	B	0.03%
CCI	D	0.03%
WYNN	D	0.03%
KVUE	A	0.03%
NDAQ	A	0.03%
NEM	D	0.03%
FICO	B	0.03%
AIG	B	0.03%
HWM	A	0.03%
DHI	D	0.03%
AEP	D	0.03%
VST	B	0.03%
O	D	0.03%
QRVO	F	0.03%
ALL	A	0.03%
FMC	D	0.03%
AZO	C	0.03%
KEY	B	0.03%
MPC	D	0.03%
CPRT	A	0.03%
FANG	D	0.03%
MPWR	F	0.02%
KEYS	A	0.02%
WRB	A	0.02%
DVN	F	0.02%
TSCO	D	0.02%
EQT	B	0.02%
FE	C	0.02%
DECK	A	0.02%
AEE	A	0.02%
WBD	C	0.02%
FTV	C	0.02%
ADM	D	0.02%
EFX	F	0.02%
DXCM	D	0.02%
DTE	C	0.02%
PHM	D	0.02%
CHD	B	0.02%
ROK	B	0.02%
VTR	C	0.02%
ON	D	0.02%
UAL	A	0.02%
XYL	D	0.02%
IDXX	F	0.02%
IQV	D	0.02%
GPN	B	0.02%
VICI	C	0.02%
NVR	D	0.02%
DOW	F	0.02%
HBAN	A	0.02%
RF	A	0.02%
IRM	D	0.02%
CSGP	D	0.02%
LYV	A	0.02%
MLM	B	0.02%
CCL	B	0.02%
ETR	B	0.02%
VMC	B	0.02%
EIX	B	0.02%
GDDY	A	0.02%
MCHP	D	0.02%
IT	C	0.02%
NUE	C	0.02%
EXR	D	0.02%
HSY	F	0.02%
ACGL	D	0.02%
A	D	0.02%
AXON	A	0.02%
BRO	B	0.02%
CBRE	B	0.02%
INCY	C	0.02%
CTLT	B	0.01%
FRT	B	0.01%
MOS	F	0.01%
LW	C	0.01%
HAS	D	0.01%
HSIC	B	0.01%
GL	B	0.01%
AES	F	0.01%
TECH	D	0.01%
AOS	F	0.01%
ALB	C	0.01%
GNRC	B	0.01%
SJM	D	0.01%
DAY	B	0.01%
AKAM	D	0.01%
BXP	D	0.01%
JKHY	D	0.01%
PAYC	B	0.01%
BG	F	0.01%
JNPR	F	0.01%
MGM	D	0.01%
REG	B	0.01%
HST	C	0.01%
RVTY	F	0.01%
CHRW	C	0.01%
KMX	B	0.01%
NCLH	B	0.01%
POOL	C	0.01%
CPB	D	0.01%
CAG	D	0.01%
NDSN	B	0.01%
EG	C	0.01%
UDR	B	0.01%
DLTR	F	0.01%
DOC	D	0.01%
TER	D	0.01%
MRNA	F	0.01%
ALGN	D	0.01%
IEX	B	0.01%
PODD	C	0.01%
ULTA	F	0.01%
GPC	D	0.01%
AMCR	D	0.01%
FDS	B	0.01%
LNT	A	0.01%
JBHT	C	0.01%
TXT	D	0.01%
BAX	D	0.01%
DGX	A	0.01%
ARE	D	0.01%
FSLR	F	0.01%
HRL	D	0.01%
KIM	A	0.01%
NWSA	B	0.01%
NI	A	0.01%
CF	B	0.01%
DRI	B	0.01%
STE	F	0.01%
LH	C	0.01%
TRMB	B	0.01%
WAT	B	0.01%
CBOE	B	0.01%
STLD	B	0.01%
PTC	A	0.01%
WST	C	0.01%
ERIE	D	0.01%
CMS	C	0.01%
ATO	A	0.01%
LUV	C	0.01%
PFG	D	0.01%
ES	D	0.01%
MKC	D	0.01%
CNP	B	0.01%
TYL	B	0.01%
STX	D	0.01%
MTD	D	0.01%
INVH	D	0.01%
SBAC	D	0.01%
EL	F	0.01%
CTRA	B	0.01%
HUBB	B	0.01%
PKG	A	0.01%
AWK	D	0.01%
WY	D	0.01%
IVZ	B	0.01%
WDC	D	0.01%
ZBH	C	0.01%
IFF	D	0.01%
TFX	F	0.0%
APA	D	0.0%
CRL	C	0.0%
PARA	C	0.0%
HII	D	0.0%
ENPH	F	0.0%
MKTX	D	0.0%
BBWI	D	0.0%

GSPY Underweight 36 Positions Relative to QDEF

Symbol	Grade	Weight
GOOG	C	-1.1%
UNM	A	-0.65%
EME	C	-0.64%
BWXT	B	-0.64%
UMBF	B	-0.61%
CFR	B	-0.6%
VIRT	B	-0.57%
CSWI	A	-0.57%
WDFC	B	-0.55%
ORI	A	-0.54%
CSL	C	-0.53%
OHI	C	-0.53%
IRDM	D	-0.52%
OMF	A	-0.5%
LSTR	D	-0.49%
DOX	D	-0.48%
BPOP	B	-0.48%
RDN	C	-0.48%
NSA	D	-0.47%
OGE	B	-0.47%
VRT	B	-0.45%
HRB	D	-0.45%
WU	D	-0.43%
SAIC	F	-0.41%
WSM	B	-0.41%
CUBE	D	-0.4%
CHE	D	-0.39%
MSM	C	-0.37%
BSY	D	-0.37%
STNG	F	-0.36%
STWD	C	-0.32%
NEP	F	-0.32%
NNN	D	-0.21%
SCCO	F	-0.16%
BAH	F	-0.12%
DDS	B	-0.12%