SHRT vs. BLV ETF Comparison

Comparison of Gotham Short Strategies ETF (SHRT) to Vanguard Long-Term Bond ETF (BLV)

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

$7.57

Average Daily Volume

2,510

Number of Holdings ^*

200

* may have additional holdings in another (foreign) market

BLV

Vanguard Long-Term Bond ETF

BLV Description

The investment seeks to track the performance of a market-weighted bond index with a long-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. Long Government/Credit Float Adjusted Index. This Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities of greater than 10 years and are publicly issued. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds held in the index.

Grade (RS Rating)

Last Trade

$70.23

Average Daily Volume

641,994

Number of Holdings ^*

342

* may have additional holdings in another (foreign) market

Performance

Period	SHRT	BLV
30 Days	-6.95%	-1.41%
60 Days	-8.41%	-6.48%
90 Days	-8.30%	-5.20%
12 Months	-6.87%	6.65%

48 Overlapping Holdings

Symbol	Grade	Weight in SHRT	Weight in BLV	Overlap
ABBV	F	0.48%	0.02%	0.02%
AMAT	F	0.31%	0.01%	0.01%
BIIB	F	1.36%	0.02%	0.02%
CF	A	0.34%	0.02%	0.02%
CHD	A	0.07%	0.01%	0.01%
CHTR	C	0.82%	0.01%	0.01%
CI	D	0.31%	0.01%	0.01%
CL	D	0.63%	0.01%	0.01%
CVX	A	1.31%	0.01%	0.01%
D	C	0.8%	0.01%	0.01%
DD	C	0.35%	0.04%	0.04%
ECL	D	0.5%	0.01%	0.01%
EL	F	0.56%	0.01%	0.01%
EMN	C	0.16%	0.01%	0.01%
EOG	A	1.12%	0.01%	0.01%
FMC	D	1.45%	0.01%	0.01%
FOXA	A	0.18%	0.02%	0.02%
GD	D	0.33%	0.01%	0.01%
GM	C	2.09%	0.02%	0.02%
HAS	D	0.35%	0.01%	0.01%
HES	B	0.3%	0.01%	0.01%
INGR	C	0.73%	0.01%	0.01%
IPG	D	0.1%	0.01%	0.01%
JCI	B	0.81%	0.01%	0.01%
KLAC	F	0.8%	0.01%	0.01%
LHX	C	0.65%	0.01%	0.01%
LRCX	F	1.84%	0.01%	0.01%
MAS	D	0.39%	0.01%	0.01%
MRO	B	0.59%	0.01%	0.01%
NOC	D	0.81%	0.01%	0.01%
NOV	C	0.08%	0.01%	0.01%
NSC	B	0.35%	0.01%	0.01%
PFE	F	0.65%	0.01%	0.01%
REGN	F	0.08%	0.01%	0.01%
SCCO	F	0.45%	0.03%	0.03%
SO	C	0.27%	0.01%	0.01%
SWX	B	0.13%	0.01%	0.01%
SYK	B	0.23%	0.01%	0.01%
TGT	F	2.05%	0.01%	0.01%
TMO	F	0.12%	0.01%	0.01%
TSN	B	1.15%	0.01%	0.01%
UPS	C	0.8%	0.01%	0.01%
VMC	B	0.36%	0.02%	0.02%
VMI	B	0.32%	0.01%	0.01%
VTRS	A	0.14%	0.02%	0.02%
WBA	F	0.92%	0.01%	0.01%
ZBH	C	0.01%	0.01%	0.01%
ZTS	D	0.33%	0.01%	0.01%

SHRT Overweight 152 Positions Relative to BLV

Symbol	Grade	Weight
THC	D	1.9%
LPX	B	1.65%
CHWY	B	1.34%
CRUS	D	1.26%
SWKS	F	1.21%
ELAN	D	1.13%
RVTY	F	1.12%
PPC	C	1.09%
GTLS	A	1.08%
QGEN	D	1.01%
ZBRA	B	1.0%
JBHT	C	0.9%
QRVO	F	0.88%
LII	A	0.84%
MATX	C	0.83%
MU	D	0.82%
MTZ	B	0.8%
UHS	D	0.8%
TKO	A	0.78%
CTLT	C	0.75%
FCX	F	0.71%
MKSI	C	0.71%
CEG	C	0.69%
OVV	B	0.69%
ICUI	D	0.67%
STX	C	0.66%
WDC	D	0.65%
CROX	D	0.64%
J	D	0.63%
MOH	F	0.63%
BALL	F	0.62%
MUR	D	0.61%
HOLX	D	0.58%
ENPH	F	0.57%
KMX	B	0.56%
RGEN	D	0.55%
POST	C	0.55%
ANET	C	0.51%
EME	A	0.5%
AVNT	B	0.5%
CNX	A	0.5%
AVTR	F	0.49%
NCLH	B	0.48%
FSS	B	0.47%
CLX	A	0.46%
EXEL	B	0.46%
TPX	B	0.44%
HALO	F	0.44%
GNRC	C	0.43%
BMRN	F	0.42%
CCK	D	0.4%
SLGN	A	0.38%
LTH	C	0.37%
TRU	D	0.34%
IQV	F	0.33%
MSGS	A	0.32%
XRAY	F	0.31%
JAZZ	B	0.3%
LKQ	F	0.3%
TWLO	A	0.29%
BLD	D	0.29%
MMS	F	0.29%
CTRA	B	0.27%
EMR	B	0.26%
UI	B	0.26%
ONTO	F	0.26%
TXRH	B	0.25%
ASH	F	0.24%
BPMC	B	0.24%
SKYW	C	0.23%
WSM	C	0.23%
ILMN	C	0.22%
NFG	A	0.22%
LEVI	F	0.22%
ALLE	C	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%
H	B	0.17%
NBIX	C	0.17%
ALKS	C	0.17%
GFS	C	0.16%
GDDY	A	0.16%
ACIW	B	0.16%
ESI	B	0.16%
ADMA	B	0.15%
APPF	B	0.15%
KTB	B	0.15%
VLTO	C	0.14%
SHAK	C	0.14%
RKLB	A	0.13%
LYFT	C	0.13%
ISRG	A	0.12%
INFA	D	0.12%
PODD	C	0.11%
GMED	A	0.11%
CNI	F	0.11%
IDXX	F	0.11%
PNR	A	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%
PTC	B	0.07%
CWAN	B	0.07%
ABG	C	0.07%
VRSN	C	0.07%
ROST	D	0.06%
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%
MPWR	F	0.03%
UBER	F	0.03%
CMC	B	0.03%
PWR	A	0.02%
AOS	F	0.02%
TER	F	0.02%
DNB	B	0.02%
BFAM	D	0.02%
HSIC	C	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	D	0.01%
IAC	F	0.01%
SITM	B	0.01%
DOX	D	0.01%
EHC	B	0.01%
DVA	C	0.01%
OPCH	D	0.01%
CRVL	B	0.0%

SHRT Underweight 294 Positions Relative to BLV

Symbol	Grade	Weight
WIT	B	-1.44%
MDT	D	-0.05%
COST	A	-0.04%
FITB	B	-0.04%
HPE	B	-0.04%
WY	F	-0.04%
EQH	C	-0.04%
ALLY	C	-0.04%
CARR	C	-0.04%
DELL	B	-0.04%
HPQ	B	-0.03%
NUE	C	-0.03%
TAP	C	-0.03%
CRM	B	-0.03%
HAL	C	-0.03%
BHP	F	-0.03%
AVGO	D	-0.03%
CSCO	B	-0.03%
AMZN	C	-0.03%
PYPL	B	-0.02%
TEL	B	-0.02%
AXP	A	-0.02%
CME	B	-0.02%
OHI	C	-0.02%
LEA	F	-0.02%
MDLZ	F	-0.02%
BHF	C	-0.02%
FANG	C	-0.02%
AJG	A	-0.02%
EBAY	D	-0.02%
GPN	B	-0.02%
WU	F	-0.02%
WHR	B	-0.02%
MAR	A	-0.02%
ADI	D	-0.02%
ICE	C	-0.02%
VLO	C	-0.02%
CAG	F	-0.02%
GOOGL	C	-0.02%
BABA	D	-0.02%
NVDA	B	-0.02%
PSX	C	-0.02%
GSK	F	-0.02%
AAPL	C	-0.02%
MS	A	-0.02%
AMGN	F	-0.02%
CPT	B	-0.01%
VTR	B	-0.01%
STLD	B	-0.01%
WPC	C	-0.01%
RPM	A	-0.01%
PECO	A	-0.01%
DOC	C	-0.01%
SCHW	B	-0.01%
BAX	F	-0.01%
AIZ	A	-0.01%
AGO	B	-0.01%
AES	F	-0.01%
ADC	A	-0.01%
AAT	B	-0.01%
BEN	C	-0.01%
CACC	D	-0.01%
HIW	C	-0.01%
JD	D	-0.01%
FRT	B	-0.01%
FNF	B	-0.01%
REG	A	-0.01%
AVA	A	-0.01%
CHI	A	-0.01%
UDR	B	-0.01%
TJX	A	-0.01%
SIGI	C	-0.01%
DT	D	-0.01%
EXR	C	-0.01%
DRI	B	-0.01%
XYL	D	-0.01%
MKC	C	-0.01%
OPI	F	-0.01%
PDM	D	-0.01%
K	A	-0.01%
JNPR	D	-0.01%
IDA	A	-0.01%
DGX	A	-0.01%
MAA	B	-0.01%
LXP	D	-0.01%
KRC	B	-0.01%
KSS	F	-0.01%
WELL	A	-0.01%
WTRG	B	-0.01%
WEST	C	-0.01%
ORI	A	-0.01%
OC	A	-0.01%
NYC	D	-0.01%
NWE	B	-0.01%
MSI	B	-0.01%
KIM	A	-0.01%
HON	C	-0.01%
EQIX	A	-0.01%
FTV	C	-0.01%
DOV	A	-0.01%
CAH	B	-0.01%
ALB	B	-0.01%
BWA	D	-0.01%
AFL	B	-0.01%
AFG	A	-0.01%
CFG	B	-0.01%
APTV	F	-0.01%
CPB	D	-0.01%
COO	D	-0.01%
UAL	A	-0.01%
VOYA	B	-0.01%
STE	D	-0.01%
SNA	A	-0.01%
ROK	C	-0.01%
RF	A	-0.01%
SBRA	C	-0.01%
NNN	C	-0.01%
NDAQ	A	-0.01%
OGE	A	-0.01%
LH	B	-0.01%
NXPI	D	-0.01%
IVZ	B	-0.01%
HRL	D	-0.01%
HOG	D	-0.01%
JEF	A	-0.01%
L	A	-0.01%
ESS	B	-0.01%
DG	F	-0.01%
FE	C	-0.01%
EE	A	-0.01%
EA	A	-0.01%
CMI	A	-0.01%
AVB	B	-0.01%
CINF	A	-0.01%
UNM	A	-0.01%
PKG	A	-0.01%
PFG	D	-0.01%
SPGI	C	-0.01%
EG	C	-0.01%
SWK	D	-0.01%
VRSK	A	-0.01%
STZ	D	-0.01%
PEG	A	-0.01%
AON	A	-0.01%
WEC	A	-0.01%
ATO	A	-0.01%
AEP	C	-0.01%
AEE	A	-0.01%
ADM	D	-0.01%
ACGL	C	-0.01%
ARE	F	-0.01%
CTS	C	-0.01%
DTE	C	-0.01%
EVRG	A	-0.01%
FIS	C	-0.01%
ETN	A	-0.01%
ALL	A	-0.01%
AWK	C	-0.01%
HIG	B	-0.01%
IFF	D	-0.01%
KMB	C	-0.01%
ES	C	-0.01%
EQR	C	-0.01%
KDP	F	-0.01%
HUM	C	-0.01%
MLM	C	-0.01%
OTIS	C	-0.01%
NEE	C	-0.01%
LNC	C	-0.01%
OKE	A	-0.01%
LIN	C	-0.01%
OGS	A	-0.01%
O	C	-0.01%
MCO	B	-0.01%
PPL	A	-0.01%
XEL	A	-0.01%
MOS	F	-0.01%
TRV	B	-0.01%
PNW	A	-0.01%
PLD	F	-0.01%
SJM	D	-0.01%
RSG	A	-0.01%
RPRX	D	-0.01%
SHW	B	-0.01%
PG	C	-0.01%
TT	A	-0.01%
CMS	C	-0.01%
BKH	A	-0.01%
APD	A	-0.01%
CCI	C	-0.01%
CP	F	-0.01%
CNP	A	-0.01%
DE	B	-0.01%
IP	A	-0.01%
JBLU	F	-0.01%
GWW	B	-0.01%
NI	A	-0.01%
PAA	B	-0.01%
MKL	A	-0.01%
ITW	B	-0.01%
HSY	F	-0.01%
WRB	A	-0.01%
WM	B	-0.01%
WLK	D	-0.01%
LNT	A	-0.01%
KR	B	-0.01%
EQNR	C	-0.01%
EIX	B	-0.01%
ED	C	-0.01%
GIS	D	-0.01%
KOF	F	-0.01%
NKE	F	-0.01%
MMC	B	-0.01%
NEM	D	-0.01%
LLY	F	-0.01%
MCD	D	-0.01%
LYB	F	-0.01%
PM	B	-0.01%
PH	A	-0.01%
RJF	A	-0.01%
AMT	C	-0.01%
DVN	F	-0.01%
CSX	C	-0.01%
EXC	C	-0.01%
DOW	F	-0.01%
BSX	A	-0.01%
ETR	B	-0.01%
DHR	F	-0.01%
MPC	D	-0.01%
GLW	B	-0.01%
MMM	D	-0.01%
MUFG	B	-0.01%
PEP	F	-0.01%
SBUX	A	-0.01%
SPG	A	-0.01%
SRE	A	-0.01%
PHM	D	-0.01%
PGR	A	-0.01%
MET	A	-0.01%
AIG	B	-0.01%
ET	A	-0.01%
FDX	B	-0.01%
MRK	D	-0.01%
WMB	A	-0.01%
LMT	D	-0.01%
SYY	D	-0.01%
PRU	A	-0.01%
CAT	B	-0.01%
TXN	C	-0.01%
KO	D	-0.01%
EPD	A	-0.01%
MPLX	A	-0.01%
WMT	A	-0.01%
BDX	F	-0.01%
C	A	-0.01%
GILD	C	-0.01%
INTC	C	-0.01%
LOW	C	-0.01%
MA	B	-0.01%
UNH	B	-0.01%
CB	C	-0.01%
DUK	C	-0.01%
JNJ	C	-0.01%
HCA	F	-0.01%
KMI	A	-0.01%
ABT	B	-0.01%
DIS	B	-0.01%
MO	A	-0.01%
QCOM	F	-0.01%
UNP	C	-0.01%
COP	C	-0.01%
IBM	C	-0.01%
RTX	D	-0.01%
V	A	-0.01%
AZN	F	-0.01%
XOM	B	-0.01%
VOD	F	-0.01%
BMY	B	-0.01%
JPM	A	-0.01%
TMUS	B	-0.01%
HSBC	A	-0.01%
HD	B	-0.01%
ORCL	A	-0.01%
PCG	A	-0.01%
CMCSA	B	-0.01%
VZ	C	-0.01%
WFC	A	-0.01%
BAC	A	-0.01%
BA	F	-0.01%
MSFT	D	-0.01%
T	A	-0.01%
GS	A	-0.01%
CVS	D	-0.01%
GE	D	-0.01%