SHRT vs. VLLU ETF Comparison

Comparison of Gotham Short Strategies ETF (SHRT) to Harbor AlphaEdge Large Cap Value ETF (VLLU)

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

VLLU

Harbor AlphaEdge Large Cap Value ETF

VLLU Description

The fund employs an indexing investment approach designed to track the performance of the index, which is constructed by Harbor Capital Advisors, Inc. using a proprietary, rules-based methodology. The index consists of equity securities of U.S.-listed companies that exhibit attractive valuation along with positive fundamental and price characteristics according to the index Provider"s methodology. The fund invests at least 80% of its total assets in securities that are included in the index.

Grade (RS Rating)

Last Trade

$21.97

Average Daily Volume

152

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SHRT	VLLU
30 Days	-7.59%	6.02%
60 Days	-8.76%	6.70%
90 Days	-8.43%
12 Months	-6.99%

15 Overlapping Holdings

Symbol	Grade	Weight in SHRT	Weight in VLLU	Overlap
CI	F	0.31%	2.03%	0.31%
CVX	A	1.31%	3.12%	1.31%
EME	C	0.5%	3.29%	0.5%
EOG	A	1.12%	2.45%	1.12%
FTDR	A	0.04%	0.57%	0.04%
GM	B	2.09%	0.55%	0.55%
LPX	B	1.65%	1.94%	1.65%
MATX	C	0.83%	0.81%	0.81%
MMS	F	0.29%	0.44%	0.29%
PPC	C	1.09%	1.23%	1.09%
TGT	F	2.05%	2.34%	2.05%
THC	D	1.9%	0.95%	0.95%
TSN	B	1.15%	0.52%	0.52%
UHS	D	0.8%	1.01%	0.8%
WSM	B	0.23%	0.47%	0.23%

SHRT Overweight 185 Positions Relative to VLLU

Symbol	Grade	Weight
LRCX	F	1.84%
FMC	D	1.45%
BIIB	F	1.36%
CHWY	B	1.34%
CRUS	D	1.26%
SWKS	F	1.21%
ELAN	D	1.13%
RVTY	F	1.12%
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%
MU	D	0.82%
CHTR	C	0.82%
JCI	C	0.81%
NOC	D	0.81%
MTZ	B	0.8%
D	C	0.8%
KLAC	D	0.8%
UPS	C	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%
ANET	C	0.51%
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%
AMAT	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%
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%
ILMN	D	0.22%
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	C	0.2%
EFX	F	0.2%
COTY	F	0.2%
MRVL	B	0.2%
EW	C	0.19%
TYL	C	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%
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	D	0.11%
IDXX	F	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%
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%
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%
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 58 Positions Relative to VLLU

Symbol	Grade	Weight
MO	A	-3.13%
JPM	A	-3.08%
AXP	A	-3.01%
HIG	B	-2.96%
XOM	B	-2.95%
BBY	D	-2.91%
BRK.A	B	-2.89%
T	A	-2.85%
DFS	B	-2.84%
HPQ	A	-2.82%
COR	B	-2.81%
SYY	B	-2.75%
CTSH	B	-2.49%
BAC	A	-2.45%
GILD	C	-2.34%
CMCSA	B	-2.06%
JXN	C	-2.03%
VLO	C	-1.93%
KR	B	-1.9%
HRB	D	-1.73%
NRG	B	-1.54%
MLI	C	-1.52%
SYF	B	-1.5%
MPC	D	-1.44%
FLEX	A	-1.42%
VZ	C	-0.95%
LOW	D	-0.94%
PGR	A	-0.84%
WFC	A	-0.6%
ACGL	D	-0.6%
CALM	A	-0.59%
LOPE	B	-0.58%
CAH	B	-0.56%
DIS	B	-0.55%
BK	A	-0.54%
GS	A	-0.54%
DXC	B	-0.54%
AMR	C	-0.53%
CB	C	-0.52%
COP	C	-0.52%
DBX	B	-0.51%
JBL	B	-0.5%
C	A	-0.5%
BJ	A	-0.49%
PFG	D	-0.49%
ELV	F	-0.49%
L	A	-0.49%
MMM	D	-0.49%
LEN	D	-0.48%
CAT	B	-0.48%
NNI	D	-0.46%
MTG	C	-0.46%
ADM	D	-0.45%
RNR	C	-0.45%
STNG	F	-0.45%
GIS	D	-0.45%
LDOS	C	-0.43%
NVR	D	-0.42%