SHRT vs. CCNR ETF Comparison

Comparison of Gotham Short Strategies ETF (SHRT) to CoreCommodity Natural Resources ETF (CCNR)

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

CCNR

CoreCommodity Natural Resources ETF

CCNR Description

The fund seeks to achieve its objective by investing, under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of natural resources companies. The fund"s investments in equity securities will primarily consist of investments in common stock. Its investments in foreign markets include investments in companies located in emerging markets.

Grade (RS Rating)

Last Trade

$25.06

Average Daily Volume

10,655

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	SHRT	CCNR
30 Days	-6.95%	-1.11%
60 Days	-8.41%	-0.61%
90 Days	-8.30%	0.32%
12 Months	-6.87%

17 Overlapping Holdings

Symbol	Grade	Weight in SHRT	Weight in CCNR	Overlap
CF	A	0.34%	0.08%	0.08%
CNX	A	0.5%	0.03%	0.03%
CTRA	B	0.27%	0.74%	0.27%
CVX	A	1.31%	0.1%	0.1%
ENPH	F	0.57%	0.07%	0.07%
EOG	A	1.12%	0.13%	0.13%
FCX	F	0.71%	0.76%	0.71%
FMC	D	1.45%	1.35%	1.35%
HES	B	0.3%	0.06%	0.06%
INGR	C	0.73%	1.34%	0.73%
MUR	D	0.61%	1.03%	0.61%
NFG	A	0.22%	0.06%	0.06%
NOV	C	0.08%	0.28%	0.08%
PPC	C	1.09%	0.76%	0.76%
SCCO	F	0.45%	0.61%	0.45%
TSN	B	1.15%	1.14%	1.14%
VLTO	C	0.14%	0.57%	0.14%

SHRT Overweight 183 Positions Relative to CCNR

Symbol	Grade	Weight
GM	C	2.09%
TGT	F	2.05%
THC	D	1.9%
LRCX	F	1.84%
LPX	B	1.65%
BIIB	F	1.36%
CHWY	B	1.34%
CRUS	D	1.26%
SWKS	F	1.21%
ELAN	D	1.13%
RVTY	F	1.12%
GTLS	A	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%
MU	D	0.82%
CHTR	C	0.82%
JCI	B	0.81%
NOC	D	0.81%
MTZ	B	0.8%
D	C	0.8%
KLAC	F	0.8%
UPS	C	0.8%
UHS	D	0.8%
TKO	A	0.78%
CTLT	C	0.75%
MKSI	C	0.71%
CEG	C	0.69%
OVV	B	0.69%
ICUI	D	0.67%
STX	C	0.66%
WDC	D	0.65%
LHX	C	0.65%
PFE	F	0.65%
CROX	D	0.64%
J	D	0.63%
CL	D	0.63%
MOH	F	0.63%
BALL	F	0.62%
MRO	B	0.59%
HOLX	D	0.58%
KMX	B	0.56%
EL	F	0.56%
RGEN	D	0.55%
POST	C	0.55%
ANET	C	0.51%
EME	A	0.5%
AVNT	B	0.5%
ECL	D	0.5%
AVTR	F	0.49%
ABBV	F	0.48%
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%
MAS	D	0.39%
SLGN	A	0.38%
LTH	C	0.37%
VMC	B	0.36%
HAS	D	0.35%
NSC	B	0.35%
DD	C	0.35%
TRU	D	0.34%
ZTS	D	0.33%
IQV	F	0.33%
GD	D	0.33%
MSGS	A	0.32%
VMI	B	0.32%
AMAT	F	0.31%
CI	D	0.31%
XRAY	F	0.31%
JAZZ	B	0.3%
LKQ	F	0.3%
TWLO	A	0.29%
BLD	D	0.29%
MMS	F	0.29%
SO	C	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%
SYK	B	0.23%
SKYW	C	0.23%
WSM	C	0.23%
ILMN	C	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%
FOXA	A	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%
EMN	C	0.16%
ADMA	B	0.15%
APPF	B	0.15%
KTB	B	0.15%
VTRS	A	0.14%
SHAK	C	0.14%
RKLB	A	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	F	0.11%
IDXX	F	0.11%
PNR	A	0.1%
IPG	D	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%
REGN	F	0.08%
PTC	B	0.07%
CHD	A	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%
ZBH	C	0.01%
EHC	B	0.01%
DVA	C	0.01%
OPCH	D	0.01%
CRVL	B	0.0%

SHRT Underweight 83 Positions Relative to CCNR

Symbol	Grade	Weight
CNH	C	-1.6%
CALM	A	-1.46%
HRL	D	-1.32%
DE	B	-1.12%
ADM	D	-1.11%
CTVA	C	-1.07%
DVN	F	-1.05%
COP	C	-0.97%
BG	D	-0.92%
DAR	C	-0.87%
AA	A	-0.85%
AGCO	D	-0.84%
SM	B	-0.75%
HP	C	-0.73%
OXY	D	-0.71%
PUMP	C	-0.64%
HAL	C	-0.64%
CHX	C	-0.62%
DQ	F	-0.6%
HCC	B	-0.58%
RES	D	-0.56%
GPRK	C	-0.55%
SD	D	-0.53%
MGY	A	-0.51%
SHLS	F	-0.5%
FANG	C	-0.49%
PTEN	C	-0.47%
VTLE	C	-0.46%
SLB	C	-0.46%
LBRT	D	-0.43%
SXC	A	-0.42%
CENX	B	-0.41%
SBS	B	-0.41%
ATI	C	-0.38%
CWT	C	-0.37%
BVN	D	-0.37%
CIVI	D	-0.36%
NBR	C	-0.36%
BKR	A	-0.33%
OII	B	-0.33%
CHRD	D	-0.33%
WTTR	A	-0.31%
DNOW	B	-0.3%
FSLR	F	-0.3%
JKS	F	-0.3%
KOS	D	-0.29%
WFG	C	-0.29%
CRGY	B	-0.28%
PCH	F	-0.28%
HPK	B	-0.26%
FLNC	D	-0.26%
FLNG	C	-0.25%
RENB	F	-0.23%
AGRO	D	-0.23%
MOS	F	-0.23%
FDP	B	-0.22%
GFI	D	-0.22%
DOLE	D	-0.21%
HLX	B	-0.21%
EGY	D	-0.2%
ARRY	F	-0.2%
XPRO	D	-0.2%
AROC	A	-0.18%
PR	B	-0.15%
XOM	B	-0.14%
PBR	D	-0.12%
MT	B	-0.12%
E	F	-0.1%
MP	C	-0.09%
APA	D	-0.07%
ALB	B	-0.07%
STLD	B	-0.07%
X	B	-0.07%
BSM	B	-0.06%
RIG	D	-0.05%
MTUS	C	-0.05%
RRC	B	-0.04%
CLF	F	-0.04%
EQT	B	-0.04%
AR	B	-0.03%
MTDR	B	-0.03%
TDW	F	-0.02%
E	F	-0.01%