SHRT vs. PEXL ETF Comparison

Comparison of Gotham Short Strategies ETF (SHRT) to Pacer US Export Leaders ETF (PEXL)

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

$7.51

Average Daily Volume

2,352

Number of Holdings ^*

200

* may have additional holdings in another (foreign) market

PEXL

Pacer US Export Leaders ETF

PEXL Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer US Export Leaders Index (the "index"). The fund invests at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the index. The index uses an objective, rules-based methodology to measure the performance of an equal weight portfolio of approximately 100 large- and mid-capitalization U.S. companies with a high percentage of foreign sales and high free cash flow growth. Free cash flow is a company's cash flow from operations minus its capital expenditures. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.63

Average Daily Volume

3,438

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SHRT	PEXL
30 Days	-7.32%	2.90%
60 Days	-9.93%	0.78%
90 Days	-9.60%	2.37%
12 Months	-7.30%	20.29%

21 Overlapping Holdings

Symbol	Grade	Weight in SHRT	Weight in PEXL	Overlap
AMAT	F	0.31%	0.89%	0.31%
ASH	F	0.24%	0.87%	0.24%
BMRN	F	0.42%	0.73%	0.42%
CCK	D	0.4%	0.98%	0.4%
COTY	F	0.2%	0.78%	0.2%
CROX	F	0.64%	0.76%	0.64%
CRUS	F	1.26%	0.74%	0.74%
DD	D	0.35%	0.99%	0.35%
FCX	F	0.71%	1.01%	0.71%
FMC	D	1.45%	0.89%	0.89%
INGR	B	0.73%	1.04%	0.73%
IQV	F	0.33%	0.8%	0.33%
KLAC	F	0.8%	0.81%	0.8%
LRCX	F	1.84%	0.9%	0.9%
MPWR	F	0.03%	0.6%	0.03%
NOV	C	0.08%	1.02%	0.08%
OLED	F	0.09%	0.78%	0.09%
ONTO	F	0.26%	0.81%	0.26%
PTC	A	0.07%	1.09%	0.07%
RGEN	D	0.55%	0.98%	0.55%
UBER	D	0.03%	0.95%	0.03%

SHRT Overweight 179 Positions Relative to PEXL

Symbol	Grade	Weight
GM	B	2.09%
TGT	F	2.05%
THC	D	1.9%
LPX	B	1.65%
BIIB	F	1.36%
CHWY	C	1.34%
CVX	B	1.31%
SWKS	F	1.21%
TSN	B	1.15%
ELAN	F	1.13%
EOG	C	1.12%
RVTY	D	1.12%
PPC	C	1.09%
GTLS	B	1.08%
QGEN	D	1.01%
ZBRA	A	1.0%
WBA	D	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%
NOC	D	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%
MKSI	C	0.71%
CEG	D	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%
J	F	0.63%
CL	D	0.63%
MOH	F	0.63%
BALL	D	0.62%
MUR	F	0.61%
MRO	B	0.59%
HOLX	D	0.58%
ENPH	F	0.57%
KMX	B	0.56%
EL	F	0.56%
POST	B	0.55%
ANET	C	0.51%
EME	B	0.5%
AVNT	B	0.5%
CNX	B	0.5%
ECL	D	0.5%
AVTR	F	0.49%
ABBV	D	0.48%
NCLH	B	0.48%
FSS	B	0.47%
CLX	C	0.46%
EXEL	A	0.46%
SCCO	F	0.45%
TPX	A	0.44%
HALO	F	0.44%
GNRC	B	0.43%
MAS	C	0.39%
SLGN	A	0.38%
LTH	C	0.37%
VMC	B	0.36%
HAS	D	0.35%
NSC	A	0.35%
CF	B	0.34%
TRU	D	0.34%
ZTS	D	0.33%
GD	F	0.33%
MSGS	B	0.32%
VMI	A	0.32%
CI	D	0.31%
XRAY	F	0.31%
JAZZ	B	0.3%
LKQ	D	0.3%
HES	C	0.3%
TWLO	B	0.29%
BLD	C	0.29%
MMS	F	0.29%
CTRA	B	0.27%
SO	D	0.27%
EMR	A	0.26%
UI	A	0.26%
TXRH	A	0.25%
BPMC	C	0.24%
SYK	C	0.23%
SKYW	B	0.23%
WSM	B	0.23%
ILMN	C	0.22%
NFG	B	0.22%
LEVI	F	0.22%
ALLE	D	0.21%
FLS	A	0.21%
PSN	D	0.21%
BAH	F	0.2%
HIMS	A	0.2%
EFX	D	0.2%
MRVL	B	0.2%
EW	C	0.19%
TYL	A	0.19%
CHDN	B	0.18%
FOXA	C	0.18%
H	A	0.17%
NBIX	C	0.17%
ALKS	B	0.17%
GFS	C	0.16%
GDDY	B	0.16%
ACIW	B	0.16%
ESI	B	0.16%
EMN	D	0.16%
ADMA	B	0.15%
APPF	B	0.15%
KTB	A	0.15%
VTRS	B	0.14%
VLTO	C	0.14%
SHAK	B	0.14%
RKLB	B	0.13%
SWX	B	0.13%
LYFT	C	0.13%
ISRG	C	0.12%
INFA	D	0.12%
TMO	F	0.12%
PODD	B	0.11%
GMED	A	0.11%
CNI	D	0.11%
IDXX	F	0.11%
PNR	B	0.1%
IPG	C	0.1%
AWI	B	0.09%
FCN	D	0.09%
SEM	B	0.09%
TPL	B	0.09%
KEX	B	0.09%
PEN	C	0.09%
SPOT	B	0.08%
RGLD	D	0.08%
PLXS	B	0.08%
IGT	F	0.08%
REGN	F	0.08%
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	B	0.04%
DTM	B	0.04%
NTRA	B	0.03%
CMC	B	0.03%
PWR	A	0.02%
AOS	D	0.02%
TER	F	0.02%
DNB	B	0.02%
BFAM	F	0.02%
HSIC	B	0.02%
APG	B	0.02%
MTCH	F	0.02%
TTEK	F	0.02%
BLDR	C	0.02%
R	B	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	B	0.01%
DVA	B	0.01%
OPCH	F	0.01%
CRVL	B	0.0%

SHRT Underweight 78 Positions Relative to PEXL

Symbol	Grade	Weight
COHR	C	-1.32%
BKR	C	-1.32%
RMBS	C	-1.28%
BKNG	B	-1.27%
NFLX	B	-1.25%
MTSI	B	-1.24%
HPE	B	-1.23%
KD	B	-1.23%
FTNT	C	-1.22%
HWM	B	-1.22%
NVDA	C	-1.21%
JBL	C	-1.2%
ALTR	B	-1.18%
GRMN	A	-1.17%
WMG	C	-1.15%
WAB	B	-1.14%
GXO	B	-1.14%
LSCC	D	-1.13%
ABNB	C	-1.13%
CDNS	B	-1.12%
IR	A	-1.12%
G	B	-1.12%
RL	B	-1.12%
ITT	A	-1.11%
GLW	B	-1.1%
APH	B	-1.1%
NWSA	B	-1.1%
AXTA	A	-1.1%
GOOGL	C	-1.1%
HAL	C	-1.1%
CAT	B	-1.09%
SNPS	B	-1.09%
CNH	A	-1.09%
ATR	B	-1.09%
XOM	C	-1.07%
ANSS	B	-1.06%
META	D	-1.06%
DCI	A	-1.05%
WST	C	-1.03%
AAPL	B	-1.02%
CTVA	B	-1.02%
CBT	C	-1.01%
NDSN	B	-1.0%
ALV	C	-1.0%
PVH	C	-1.0%
AGCO	D	-1.0%
GE	D	-0.99%
FN	D	-0.98%
AVGO	D	-0.96%
LIN	D	-0.95%
MOS	F	-0.95%
NOVT	D	-0.95%
MSFT	D	-0.95%
VC	D	-0.95%
NEU	C	-0.95%
KMB	C	-0.94%
LFUS	D	-0.94%
ON	C	-0.93%
ADI	D	-0.93%
AMCR	D	-0.93%
A	D	-0.92%
ARW	D	-0.91%
QCOM	F	-0.91%
APA	F	-0.91%
ALGM	D	-0.89%
WFRD	F	-0.89%
AVY	D	-0.89%
AMD	F	-0.89%
BG	F	-0.89%
SKX	D	-0.88%
ADM	F	-0.87%
IFF	D	-0.85%
MTD	F	-0.84%
DHR	D	-0.84%
MRK	F	-0.83%
BCO	D	-0.82%
APTV	F	-0.75%
CNXC	F	-0.58%