SHRT vs. QQQM ETF Comparison

Comparison of Gotham Short Strategies ETF (SHRT) to Invesco NASDAQ 100 ETF (QQQM)

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

$7.50

Average Daily Volume

2,487

Number of Holdings ^*

200

* may have additional holdings in another (foreign) market

QQQM

Invesco NASDAQ 100 ETF

QQQM Description

The investment seeks to track the investment results (before fees and expenses) of the NASDAQ-100 Index® (the 'underlying index'). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq, Inc. compiles, maintains and calculates the underlying index, which includes securities of 100 of the largest domestic and international nonfinancial companies listed on The Nasdaq Stock Market LLC based on market capitalization. It is non-diversified.

Grade (RS Rating)

Last Trade

$208.35

Average Daily Volume

1,779,465

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	SHRT	QQQM
30 Days	-7.59%	3.56%
60 Days	-8.76%	4.72%
90 Days	-8.43%	5.55%
12 Months	-6.99%	30.67%

15 Overlapping Holdings

Symbol	Grade	Weight in SHRT	Weight in QQQM	Overlap
AMAT	F	0.31%	0.89%	0.31%
BIIB	F	1.36%	0.14%	0.14%
CEG	D	0.69%	0.47%	0.47%
CHTR	C	0.82%	0.35%	0.35%
GEHC	F	0.01%	0.25%	0.01%
GFS	C	0.16%	0.15%	0.15%
IDXX	F	0.11%	0.22%	0.11%
ILMN	D	0.22%	0.13%	0.13%
ISRG	A	0.12%	1.22%	0.12%
KLAC	D	0.8%	0.53%	0.53%
LRCX	F	1.84%	0.58%	0.58%
MRVL	B	0.2%	0.49%	0.2%
MU	D	0.82%	0.69%	0.69%
REGN	F	0.08%	0.51%	0.08%
ROST	C	0.06%	0.3%	0.06%

SHRT Overweight 185 Positions Relative to QQQM

Symbol	Grade	Weight
GM	B	2.09%
TGT	F	2.05%
THC	D	1.9%
LPX	B	1.65%
FMC	D	1.45%
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%
ZBRA	B	1.0%
WBA	F	0.92%
JBHT	C	0.9%
QRVO	F	0.88%
LII	A	0.84%
MATX	C	0.83%
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%
INGR	B	0.73%
FCX	D	0.71%
MKSI	C	0.71%
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%
ANET	C	0.51%
EME	C	0.5%
AVNT	B	0.5%
CNX	A	0.5%
ECL	D	0.5%
AVTR	F	0.49%
ABBV	D	0.48%
NCLH	B	0.48%
FSS	B	0.47%
CLX	B	0.46%
EXEL	B	0.46%
SCCO	F	0.45%
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%
NFG	A	0.22%
LEVI	F	0.22%
ALLE	D	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%
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%
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%
LYFT	C	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%
TPL	A	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%
PTC	A	0.07%
CHD	B	0.07%
CWAN	B	0.07%
ABG	B	0.07%
VRSN	F	0.07%
PRIM	A	0.06%
SNDR	B	0.05%
NXST	C	0.05%
QTWO	A	0.05%
FTDR	A	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	F	0.02%
BLDR	D	0.02%
R	B	0.01%
RUSHA	C	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 86 Positions Relative to QQQM

Symbol	Grade	Weight
NVDA	C	-8.81%
AAPL	C	-8.57%
MSFT	F	-7.6%
AMZN	C	-5.24%
META	D	-4.84%
AVGO	D	-4.81%
TSLA	B	-4.07%
COST	B	-2.62%
GOOGL	C	-2.54%
GOOG	C	-2.44%
NFLX	A	-2.41%
TMUS	B	-1.75%
CSCO	B	-1.47%
AMD	F	-1.42%
ADBE	C	-1.41%
PEP	F	-1.39%
LIN	D	-1.37%
INTU	C	-1.16%
TXN	C	-1.15%
QCOM	F	-1.09%
BKNG	A	-1.07%
CMCSA	B	-1.06%
AMGN	D	-0.98%
HON	B	-0.94%
PANW	C	-0.81%
ADP	B	-0.77%
VRTX	F	-0.74%
SBUX	A	-0.71%
GILD	C	-0.7%
ADI	D	-0.67%
INTC	D	-0.65%
MELI	D	-0.62%
APP	B	-0.61%
CTAS	B	-0.56%
MDLZ	F	-0.55%
PYPL	B	-0.55%
SNPS	B	-0.53%
CDNS	B	-0.53%
CRWD	B	-0.52%
MAR	B	-0.5%
PDD	F	-0.49%
FTNT	C	-0.45%
ORLY	B	-0.44%
CSX	B	-0.43%
DASH	A	-0.42%
ADSK	A	-0.42%
ASML	F	-0.39%
ABNB	C	-0.38%
PCAR	B	-0.37%
ROP	B	-0.37%
NXPI	D	-0.36%
WDAY	B	-0.35%
TTD	B	-0.35%
CPRT	A	-0.34%
FANG	D	-0.34%
AEP	D	-0.33%
MNST	C	-0.33%
PAYX	C	-0.32%
FAST	B	-0.3%
ODFL	B	-0.29%
KDP	D	-0.28%
BKR	B	-0.28%
EA	A	-0.28%
DDOG	A	-0.27%
VRSK	A	-0.26%
EXC	C	-0.25%
XEL	A	-0.25%
TEAM	A	-0.25%
KHC	F	-0.24%
CTSH	B	-0.24%
LULU	C	-0.23%
AZN	D	-0.23%
CCEP	C	-0.22%
MCHP	D	-0.22%
TTWO	A	-0.21%
CSGP	D	-0.2%
ANSS	B	-0.19%
DXCM	D	-0.19%
ZS	C	-0.19%
ON	D	-0.18%
WBD	C	-0.16%
CDW	F	-0.15%
MDB	C	-0.13%
ARM	D	-0.11%
SMCI	F	-0.1%
MRNA	F	-0.09%