SHRT vs. FELG ETF Comparison

Comparison of Gotham Short Strategies ETF (SHRT) to Fidelity Enhanced Large Cap Growth ETF (FELG)

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

FELG

Fidelity Enhanced Large Cap Growth ETF

FELG Description

The fund will invest at least 80% of assets in common stocks included in the Russell 1000® Growth Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap growth segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.54

Average Daily Volume

218,971

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SHRT	FELG
30 Days	-7.59%	3.26%
60 Days	-8.76%	5.11%
90 Days	-8.43%	6.08%
12 Months	-6.99%	36.88%

20 Overlapping Holdings

Symbol	Grade	Weight in SHRT	Weight in FELG	Overlap
ABBV	D	0.48%	0.94%	0.48%
ALLE	D	0.21%	0.33%	0.21%
AMAT	F	0.31%	0.94%	0.31%
ANET	C	0.51%	0.83%	0.51%
BAH	F	0.2%	0.11%	0.11%
CLX	B	0.46%	0.18%	0.18%
ECL	D	0.5%	0.7%	0.5%
EXEL	B	0.46%	0.57%	0.46%
IDXX	F	0.11%	0.39%	0.11%
ISRG	A	0.12%	0.1%	0.1%
KLAC	D	0.8%	0.79%	0.79%
LRCX	F	1.84%	0.82%	0.82%
LYFT	C	0.13%	0.51%	0.13%
MPWR	F	0.03%	0.4%	0.03%
NOC	D	0.81%	0.49%	0.49%
NTRA	B	0.03%	0.5%	0.03%
SCCO	F	0.45%	0.14%	0.14%
TPL	A	0.09%	0.03%	0.03%
UBER	D	0.03%	0.98%	0.03%
ZBRA	B	1.0%	0.09%	0.09%

SHRT Overweight 180 Positions Relative to FELG

Symbol	Grade	Weight
GM	B	2.09%
TGT	F	2.05%
THC	D	1.9%
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	B	1.08%
QGEN	D	1.01%
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	C	0.81%
MTZ	B	0.8%
D	C	0.8%
UPS	C	0.8%
UHS	D	0.8%
TKO	B	0.78%
CTLT	B	0.75%
INGR	B	0.73%
FCX	D	0.71%
MKSI	C	0.71%
CEG	D	0.69%
OVV	B	0.69%
ICUI	D	0.67%
STX	D	0.66%
WDC	D	0.65%
LHX	C	0.65%
PFE	D	0.65%
CROX	D	0.64%
J	F	0.63%
CL	D	0.63%
MOH	F	0.63%
BALL	D	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%
EME	C	0.5%
AVNT	B	0.5%
CNX	A	0.5%
AVTR	F	0.49%
NCLH	B	0.48%
FSS	B	0.47%
TPX	B	0.44%
HALO	F	0.44%
GNRC	B	0.43%
BMRN	D	0.42%
CCK	C	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	D	0.35%
CF	B	0.34%
TRU	D	0.34%
ZTS	D	0.33%
IQV	D	0.33%
GD	F	0.33%
MSGS	A	0.32%
VMI	B	0.32%
CI	F	0.31%
XRAY	F	0.31%
JAZZ	B	0.3%
LKQ	D	0.3%
HES	B	0.3%
TWLO	A	0.29%
BLD	D	0.29%
MMS	F	0.29%
CTRA	B	0.27%
SO	D	0.27%
EMR	A	0.26%
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%
FLS	B	0.21%
PSN	D	0.21%
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%
KTB	B	0.15%
VTRS	A	0.14%
VLTO	D	0.14%
SHAK	C	0.14%
RKLB	B	0.13%
SWX	B	0.13%
INFA	D	0.12%
TMO	F	0.12%
PODD	C	0.11%
GMED	A	0.11%
CNI	D	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%
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%
REGN	F	0.08%
PTC	A	0.07%
CHD	B	0.07%
CWAN	B	0.07%
ABG	B	0.07%
VRSN	F	0.07%
ROST	C	0.06%
PRIM	A	0.06%
SNDR	B	0.05%
NXST	C	0.05%
QTWO	A	0.05%
FTDR	A	0.04%
DTM	B	0.04%
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%

SHRT Underweight 59 Positions Relative to FELG

Symbol	Grade	Weight
AAPL	C	-12.05%
NVDA	C	-11.91%
MSFT	F	-10.23%
AMZN	C	-6.62%
META	D	-4.74%
GOOGL	C	-3.57%
TSLA	B	-3.47%
AVGO	D	-3.11%
GOOG	C	-2.52%
MA	C	-2.02%
NFLX	A	-1.81%
LLY	F	-1.54%
MRK	F	-1.35%
ADBE	C	-1.29%
V	A	-1.2%
QCOM	F	-1.12%
BKNG	A	-1.1%
COST	B	-0.91%
CMG	B	-0.77%
TJX	A	-0.77%
UNP	C	-0.74%
DASH	A	-0.72%
WDAY	B	-0.71%
SQ	B	-0.66%
CTAS	B	-0.66%
FTNT	C	-0.65%
MSI	B	-0.65%
TT	A	-0.63%
LMT	D	-0.62%
HD	A	-0.62%
CRM	B	-0.59%
SCHW	B	-0.59%
SPG	B	-0.56%
HWM	A	-0.55%
BMY	B	-0.54%
GRMN	B	-0.54%
ANF	C	-0.52%
NOW	A	-0.51%
ZM	B	-0.51%
TMUS	B	-0.5%
INCY	C	-0.5%
GILD	C	-0.5%
ORCL	B	-0.46%
BBWI	D	-0.45%
DBX	B	-0.43%
AXON	A	-0.32%
CAT	B	-0.32%
APP	B	-0.31%
TW	A	-0.31%
TDC	D	-0.3%
MSCI	C	-0.26%
NU	C	-0.19%
PEP	F	-0.15%
WMT	A	-0.13%
MEDP	D	-0.12%
INTU	C	-0.11%
CVNA	B	-0.07%
MORN	B	-0.07%
AMD	F	-0.01%