SHRT vs. EXI ETF Comparison

Comparison of Gotham Short Strategies ETF (SHRT) to iShares Global Industrials ETF (EXI)

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

EXI

iShares Global Industrials ETF

EXI Description

The investment seeks to track the investment results of an index composed of global equities in the industrials sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Global 1200 Industrials Sector IndexTM (the "underlying index"), which measures the performance of companies that S&P Dow Jones Indices LLC ("S&P"), a subsidiary of McGraw Hill Financial, Inc., deems to be part of the industrials sector of the economy and that S&P believes are important to global markets.

Grade (RS Rating)

Last Trade

$148.78

Average Daily Volume

15,179

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SHRT	EXI
30 Days	-6.95%	0.30%
60 Days	-8.41%	1.31%
90 Days	-8.30%	3.64%
12 Months	-6.87%	26.79%

19 Overlapping Holdings

Symbol	Grade	Weight in SHRT	Weight in EXI	Overlap
ALLE	C	0.21%	0.16%	0.16%
AOS	F	0.02%	0.12%	0.02%
BLDR	D	0.02%	0.28%	0.02%
EFX	F	0.2%	0.41%	0.2%
EMR	B	0.26%	1.01%	0.26%
GD	D	0.33%	0.98%	0.33%
GNRC	C	0.43%	0.15%	0.15%
J	D	0.63%	0.22%	0.22%
JBHT	C	0.9%	0.2%	0.2%
JCI	B	0.81%	0.76%	0.76%
LHX	C	0.65%	0.63%	0.63%
MAS	D	0.39%	0.22%	0.22%
NOC	D	0.81%	0.92%	0.81%
NSC	B	0.35%	0.8%	0.35%
PNR	A	0.1%	0.23%	0.1%
PWR	A	0.02%	0.66%	0.02%
UBER	F	0.03%	1.97%	0.03%
UPS	C	0.8%	1.33%	0.8%
VLTO	C	0.14%	0.35%	0.14%

SHRT Overweight 181 Positions Relative to EXI

Symbol	Grade	Weight
GM	C	2.09%
TGT	F	2.05%
THC	D	1.9%
LRCX	F	1.84%
LPX	B	1.65%
FMC	D	1.45%
BIIB	F	1.36%
CHWY	B	1.34%
CVX	A	1.31%
CRUS	D	1.26%
SWKS	F	1.21%
TSN	B	1.15%
ELAN	D	1.13%
EOG	A	1.12%
RVTY	F	1.12%
PPC	C	1.09%
GTLS	A	1.08%
QGEN	D	1.01%
ZBRA	B	1.0%
WBA	F	0.92%
QRVO	F	0.88%
LII	A	0.84%
MATX	C	0.83%
MU	D	0.82%
CHTR	C	0.82%
MTZ	B	0.8%
D	C	0.8%
KLAC	F	0.8%
UHS	D	0.8%
TKO	A	0.78%
CTLT	C	0.75%
INGR	C	0.73%
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%
PFE	F	0.65%
CROX	D	0.64%
CL	D	0.63%
MOH	F	0.63%
BALL	F	0.62%
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	A	0.5%
AVNT	B	0.5%
CNX	A	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%
SCCO	F	0.45%
TPX	B	0.44%
HALO	F	0.44%
BMRN	F	0.42%
CCK	D	0.4%
SLGN	A	0.38%
LTH	C	0.37%
VMC	B	0.36%
HAS	D	0.35%
DD	C	0.35%
CF	A	0.34%
TRU	D	0.34%
ZTS	D	0.33%
IQV	F	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%
HES	B	0.3%
TWLO	A	0.29%
BLD	D	0.29%
MMS	F	0.29%
CTRA	B	0.27%
SO	C	0.27%
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%
NFG	A	0.22%
LEVI	F	0.22%
FLS	B	0.21%
PSN	D	0.21%
BAH	F	0.2%
HIMS	B	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%
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%
NOV	C	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%
CMC	B	0.03%
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%
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 61 Positions Relative to EXI

Symbol	Grade	Weight
GE	D	-2.62%
CAT	B	-2.52%
RTX	D	-2.15%
HON	C	-2.02%
ETN	A	-1.97%
UNP	C	-1.93%
ADP	A	-1.65%
LMT	D	-1.54%
BA	F	-1.45%
DE	B	-1.4%
TT	A	-1.27%
GEV	B	-1.27%
PH	A	-1.2%
WM	B	-1.08%
CTAS	B	-1.01%
ITW	B	-0.98%
MMM	D	-0.96%
TDG	D	-0.95%
CSX	C	-0.91%
FDX	B	-0.9%
CARR	C	-0.85%
PCAR	B	-0.79%
URI	C	-0.74%
GWW	B	-0.71%
CMI	A	-0.67%
CPRT	B	-0.67%
WCN	A	-0.66%
FAST	B	-0.64%
HWM	A	-0.64%
AME	A	-0.61%
PAYX	B	-0.61%
AXON	A	-0.59%
RSG	A	-0.58%
DAL	B	-0.56%
IR	B	-0.56%
OTIS	C	-0.55%
ODFL	C	-0.54%
VRSK	A	-0.54%
WAB	B	-0.47%
ROK	C	-0.43%
UAL	A	-0.42%
XYL	D	-0.4%
DOV	A	-0.37%
BR	A	-0.36%
FTV	C	-0.36%
HUBB	B	-0.33%
LDOS	C	-0.29%
LUV	C	-0.26%
SNA	A	-0.25%
IEX	C	-0.23%
EXPD	C	-0.23%
TXT	D	-0.21%
ROL	B	-0.19%
SWK	D	-0.18%
NDSN	B	-0.18%
CHRW	B	-0.17%
DAY	B	-0.16%
PAYC	B	-0.14%
HII	F	-0.1%
AGCO	D	-0.09%
AMTM	D	-0.04%