SHRT vs. HUSV ETF Comparison

Comparison of Gotham Short Strategies ETF (SHRT) to First Trust Horizon Managed Volatility Domestic ETF (HUSV)

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

$7.54

Average Daily Volume

2,350

Number of Holdings ^*

200

* may have additional holdings in another (foreign) market

HUSV

First Trust Horizon Managed Volatility Domestic ETF

HUSV Description

The First Trust Horizon Managed Volatility Domestic ETF is an actively managed exchange-traded fund. The Fund's investment objective is to provide capital appreciation. Under normal market conditions, the Fund will seek to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in common stocks of domestic companies listed and traded on U.S. national securities exchanges that Horizon Investments, LLC believes exhibit low future expected volatility.

Grade (RS Rating)

Last Trade

$39.63

Average Daily Volume

4,983

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SHRT	HUSV
30 Days	-7.26%	3.86%
60 Days	-9.54%	3.97%
90 Days	-10.62%	5.25%
12 Months	-8.36%	22.42%

9 Overlapping Holdings

Symbol	Grade	Weight in SHRT	Weight in HUSV	Overlap
ABBV	D	0.48%	0.48%	0.48%
CL	D	0.63%	2.21%	0.63%
ECL	D	0.5%	0.59%	0.5%
GD	F	0.33%	0.9%	0.33%
HOLX	D	0.58%	0.77%	0.58%
NOC	D	0.81%	0.69%	0.69%
PTC	A	0.07%	2.4%	0.07%
SYK	B	0.23%	0.61%	0.23%
VRSN	C	0.07%	1.88%	0.07%

SHRT Overweight 191 Positions Relative to HUSV

Symbol	Grade	Weight
GM	C	2.09%
TGT	F	2.05%
THC	D	1.9%
LRCX	D	1.84%
LPX	B	1.65%
FMC	D	1.45%
BIIB	F	1.36%
CHWY	C	1.34%
CVX	A	1.31%
CRUS	D	1.26%
SWKS	D	1.21%
TSN	B	1.15%
ELAN	F	1.13%
EOG	C	1.12%
RVTY	D	1.12%
PPC	C	1.09%
GTLS	A	1.08%
QGEN	D	1.01%
ZBRA	A	1.0%
WBA	F	0.92%
JBHT	B	0.9%
QRVO	F	0.88%
LII	B	0.84%
MATX	C	0.83%
MU	D	0.82%
CHTR	B	0.82%
JCI	C	0.81%
MTZ	A	0.8%
D	C	0.8%
KLAC	D	0.8%
UPS	C	0.8%
UHS	D	0.8%
TKO	A	0.78%
CTLT	B	0.75%
INGR	B	0.73%
FCX	F	0.71%
MKSI	C	0.71%
CEG	C	0.69%
OVV	C	0.69%
ICUI	D	0.67%
STX	D	0.66%
WDC	C	0.65%
LHX	C	0.65%
PFE	D	0.65%
CROX	F	0.64%
J	D	0.63%
MOH	D	0.63%
BALL	D	0.62%
MUR	F	0.61%
MRO	B	0.59%
ENPH	F	0.57%
KMX	B	0.56%
EL	F	0.56%
RGEN	D	0.55%
POST	B	0.55%
ANET	C	0.51%
EME	B	0.5%
AVNT	B	0.5%
CNX	B	0.5%
AVTR	D	0.49%
NCLH	B	0.48%
FSS	B	0.47%
CLX	C	0.46%
EXEL	A	0.46%
SCCO	F	0.45%
TPX	B	0.44%
HALO	F	0.44%
GNRC	B	0.43%
BMRN	D	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	A	0.35%
DD	D	0.35%
CF	B	0.34%
TRU	D	0.34%
ZTS	F	0.33%
IQV	D	0.33%
MSGS	A	0.32%
VMI	A	0.32%
AMAT	F	0.31%
CI	D	0.31%
XRAY	F	0.31%
JAZZ	B	0.3%
LKQ	D	0.3%
HES	B	0.3%
TWLO	B	0.29%
BLD	D	0.29%
MMS	F	0.29%
CTRA	B	0.27%
SO	C	0.27%
EMR	A	0.26%
UI	B	0.26%
ONTO	F	0.26%
TXRH	A	0.25%
ASH	F	0.24%
BPMC	C	0.24%
SKYW	A	0.23%
WSM	B	0.23%
ILMN	C	0.22%
NFG	B	0.22%
LEVI	D	0.22%
ALLE	D	0.21%
FLS	A	0.21%
PSN	D	0.21%
BAH	F	0.2%
HIMS	B	0.2%
EFX	D	0.2%
COTY	F	0.2%
MRVL	B	0.2%
EW	C	0.19%
TYL	A	0.19%
CHDN	C	0.18%
FOXA	C	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	B	0.16%
EMN	D	0.16%
ADMA	B	0.15%
APPF	B	0.15%
KTB	B	0.15%
VTRS	B	0.14%
VLTO	D	0.14%
SHAK	B	0.14%
RKLB	B	0.13%
SWX	B	0.13%
LYFT	C	0.13%
ISRG	B	0.12%
INFA	D	0.12%
TMO	F	0.12%
PODD	B	0.11%
GMED	A	0.11%
CNI	F	0.11%
IDXX	F	0.11%
PNR	A	0.1%
IPG	C	0.1%
AWI	A	0.09%
FCN	D	0.09%
SEM	D	0.09%
OLED	F	0.09%
TPL	B	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	D	0.08%
REGN	F	0.08%
CHD	B	0.07%
CWAN	B	0.07%
ABG	B	0.07%
ROST	C	0.06%
PRIM	B	0.06%
SNDR	A	0.05%
NXST	C	0.05%
QTWO	A	0.05%
FTDR	B	0.04%
DTM	B	0.04%
NTRA	B	0.03%
MPWR	F	0.03%
UBER	D	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	D	0.02%
BLDR	D	0.02%
R	A	0.01%
RUSHA	B	0.01%
GEHC	F	0.01%
IAC	D	0.01%
SITM	B	0.01%
DOX	D	0.01%
ZBH	C	0.01%
EHC	A	0.01%
DVA	A	0.01%
OPCH	D	0.01%
CRVL	B	0.0%

SHRT Underweight 65 Positions Relative to HUSV

Symbol	Grade	Weight
BRK.A	B	-2.53%
RSG	A	-2.51%
MSI	B	-2.42%
MMC	A	-2.33%
KO	D	-2.24%
CSCO	A	-2.18%
ROP	B	-2.16%
LIN	D	-2.0%
MSFT	C	-1.99%
CTSH	A	-1.99%
L	A	-1.86%
ATO	A	-1.85%
PG	A	-1.85%
LMT	D	-1.85%
FE	D	-1.83%
ITW	A	-1.83%
TDY	B	-1.81%
IBM	C	-1.76%
ICE	D	-1.76%
KMI	B	-1.62%
NI	A	-1.56%
PPL	A	-1.49%
TMUS	A	-1.47%
PM	A	-1.45%
JNJ	D	-1.39%
FI	A	-1.39%
EVRG	A	-1.38%
ADP	A	-1.33%
DUK	C	-1.32%
HON	B	-1.3%
MA	A	-1.3%
KDP	D	-1.3%
MCD	D	-1.29%
V	A	-1.29%
CME	A	-1.2%
MO	A	-1.2%
PEP	F	-1.19%
YUM	B	-1.17%
CMS	B	-1.16%
CTAS	A	-1.13%
COR	A	-1.1%
AVY	D	-1.07%
WMB	B	-1.07%
TJX	A	-1.04%
EA	B	-1.01%
WTW	A	-1.01%
OKE	B	-0.92%
SPGI	B	-0.91%
RTX	D	-0.91%
ABT	B	-0.89%
ED	C	-0.88%
EQR	A	-0.85%
WM	A	-0.84%
BSX	B	-0.82%
AVB	A	-0.81%
ORLY	A	-0.81%
UNP	C	-0.78%
WELL	A	-0.74%
BDX	F	-0.65%
HLT	A	-0.65%
O	D	-0.64%
MDT	D	-0.63%
LYB	F	-0.5%
AZO	B	-0.48%
HD	B	-0.38%