JAVA vs. SHRT ETF Comparison

Comparison of JPMorgan Active Value ETF (JAVA) to Gotham Short Strategies ETF (SHRT)

JAVA

JPMorgan Active Value ETF

JAVA Description

JPMorgan Active Value ETF is a transparent and actively managed fund that falls within the J.P. Morgan Global Equities platform. The fund invests primarily in large-cap equities using a bottom-up approach to select stocks that have an attractive value base and the potential for capital appreciation.

Grade (RS Rating)

Last Trade

$67.90

Average Daily Volume

344,712

Number of Holdings ^*

173

* 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	JAVA	SHRT
30 Days	4.83%	-7.59%
60 Days	6.46%	-8.76%
90 Days	8.64%	-8.43%
12 Months	31.12%	-6.99%

29 Overlapping Holdings

Symbol	Grade	Weight in JAVA	Weight in SHRT	Overlap
ABBV	D	1.57%	0.48%	0.48%
BALL	D	0.18%	0.62%	0.18%
BIIB	F	0.28%	1.36%	0.28%
BMRN	D	0.23%	0.42%	0.23%
CHTR	C	0.07%	0.82%	0.07%
CI	F	0.43%	0.31%	0.31%
CVX	A	1.69%	1.31%	1.31%
D	C	0.29%	0.8%	0.29%
ELAN	D	0.24%	1.13%	0.24%
EMR	A	0.51%	0.26%	0.26%
EOG	A	0.67%	1.12%	0.67%
FCX	D	0.35%	0.71%	0.35%
FMC	D	0.2%	1.45%	0.2%
GD	F	0.75%	0.33%	0.33%
HES	B	0.25%	0.3%	0.25%
KTB	B	0.21%	0.15%	0.15%
MU	D	1.1%	0.82%	0.82%
NOC	D	0.32%	0.81%	0.32%
PFE	D	0.17%	0.65%	0.17%
REGN	F	0.76%	0.08%	0.08%
ROST	C	0.36%	0.06%	0.06%
SLGN	A	0.21%	0.38%	0.21%
STX	D	0.44%	0.66%	0.44%
TMO	F	0.43%	0.12%	0.12%
UBER	D	0.14%	0.03%	0.03%
UHS	D	0.23%	0.8%	0.23%
UPS	C	0.69%	0.8%	0.69%
VMC	B	0.65%	0.36%	0.36%
WDC	D	1.24%	0.65%	0.65%

JAVA Overweight 144 Positions Relative to SHRT

Symbol	Grade	Weight
WFC	A	2.96%
BRK.A	B	2.4%
UNH	C	2.33%
BAC	A	2.25%
XOM	B	1.99%
PM	B	1.71%
CARR	D	1.7%
BMY	B	1.65%
CSX	B	1.52%
FI	A	1.31%
MCD	D	1.28%
LOW	D	1.17%
SQ	B	1.16%
WMT	A	1.11%
FCNCA	A	1.09%
COP	C	1.05%
TFC	A	1.02%
PFGC	B	0.99%
SCHW	B	0.96%
MS	A	0.95%
HPE	B	0.93%
CMCSA	B	0.92%
APD	A	0.92%
MET	A	0.87%
TXN	C	0.82%
ETN	A	0.81%
CVS	D	0.8%
ADI	D	0.78%
C	A	0.78%
DLR	B	0.77%
CPAY	A	0.76%
DOV	A	0.75%
CAH	B	0.74%
DIS	B	0.71%
HD	A	0.71%
TJX	A	0.69%
AXP	A	0.68%
AXTA	A	0.68%
FITB	A	0.68%
MSFT	F	0.67%
NEE	D	0.67%
MCK	B	0.67%
EQIX	A	0.64%
AMZN	C	0.63%
VRTX	F	0.62%
RTX	C	0.61%
CTSH	B	0.61%
JNJ	D	0.6%
CRM	B	0.6%
MTB	A	0.59%
CCL	B	0.59%
BX	A	0.57%
PG	A	0.56%
PNC	B	0.56%
MDLZ	F	0.55%
CB	C	0.53%
BLK	C	0.53%
PH	A	0.52%
PEG	A	0.52%
GS	A	0.51%
FDX	B	0.51%
UNP	C	0.49%
BJ	A	0.47%
AZO	C	0.46%
BSX	B	0.46%
GOOG	C	0.46%
NXPI	D	0.45%
LUV	C	0.44%
CMS	C	0.44%
ARES	A	0.43%
DE	A	0.42%
HIG	B	0.41%
MHK	D	0.4%
HON	B	0.39%
MDT	D	0.38%
COF	B	0.38%
EQT	B	0.38%
LH	C	0.37%
LYV	A	0.37%
ORLY	B	0.37%
META	D	0.36%
OC	A	0.36%
PEP	F	0.34%
RRX	B	0.34%
CME	A	0.33%
BKNG	A	0.33%
DAL	C	0.32%
VTR	C	0.32%
GPK	C	0.32%
XEL	A	0.32%
AMD	F	0.31%
FIS	C	0.3%
DELL	C	0.3%
WCC	B	0.29%
CC	C	0.29%
TPR	B	0.28%
LW	C	0.28%
DFS	B	0.28%
BDX	F	0.28%
MMC	B	0.28%
MCHP	D	0.27%
NI	A	0.27%
G	B	0.27%
TT	A	0.27%
GLW	B	0.26%
RSG	A	0.26%
IBM	C	0.26%
VZ	C	0.24%
RJF	A	0.24%
ELS	C	0.24%
AES	F	0.24%
GEV	B	0.24%
IP	B	0.24%
SBAC	D	0.23%
LLY	F	0.23%
HUM	C	0.23%
GNTX	C	0.23%
TXT	D	0.23%
Z	A	0.22%
AA	B	0.22%
MRK	F	0.22%
MIDD	C	0.21%
BA	F	0.21%
TMUS	B	0.21%
HST	C	0.2%
OUT	A	0.19%
ADM	D	0.18%
ETR	B	0.18%
LPLA	A	0.17%
GLOB	B	0.17%
NVT	B	0.17%
VNO	B	0.17%
AFRM	B	0.16%
JEF	A	0.16%
AVB	B	0.16%
ORCL	B	0.15%
INTC	D	0.15%
FSLR	F	0.14%
PLD	D	0.13%
PINS	D	0.13%
OSCR	D	0.11%
AAL	B	0.1%
MTG	C	0.1%
BC	C	0.1%

JAVA Underweight 171 Positions Relative to SHRT

Symbol	Grade	Weight
GM	B	-2.09%
TGT	F	-2.05%
THC	D	-1.9%
LRCX	F	-1.84%
LPX	B	-1.65%
CHWY	B	-1.34%
CRUS	D	-1.26%
SWKS	F	-1.21%
TSN	B	-1.15%
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%
QRVO	F	-0.88%
LII	A	-0.84%
MATX	C	-0.83%
JCI	C	-0.81%
MTZ	B	-0.8%
KLAC	D	-0.8%
TKO	B	-0.78%
CTLT	B	-0.75%
INGR	B	-0.73%
MKSI	C	-0.71%
CEG	D	-0.69%
OVV	B	-0.69%
ICUI	D	-0.67%
LHX	C	-0.65%
CROX	D	-0.64%
J	F	-0.63%
CL	D	-0.63%
MOH	F	-0.63%
MUR	D	-0.61%
MRO	B	-0.59%
HOLX	D	-0.58%
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%
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%
GNRC	B	-0.43%
CCK	C	-0.4%
MAS	D	-0.39%
LTH	C	-0.37%
HAS	D	-0.35%
NSC	B	-0.35%
DD	D	-0.35%
CF	B	-0.34%
TRU	D	-0.34%
ZTS	D	-0.33%
IQV	D	-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%
TWLO	A	-0.29%
BLD	D	-0.29%
MMS	F	-0.29%
CTRA	B	-0.27%
SO	D	-0.27%
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%
VTRS	A	-0.14%
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%
PODD	C	-0.11%
GMED	A	-0.11%
CNI	D	-0.11%
IDXX	F	-0.11%
PNR	A	-0.1%
IPG	D	-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%
PTC	A	-0.07%
CHD	B	-0.07%
CWAN	B	-0.07%
ABG	B	-0.07%
VRSN	F	-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%
MPWR	F	-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%
MTCH	D	-0.02%
TTEK	F	-0.02%
BLDR	D	-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%
DVA	B	-0.01%
OPCH	D	-0.01%
CRVL	A	-0.0%