Gotham Short Strategies ETF

Frequently Asked Questions About SHRT

What does SHRT invest in?

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.

What is the expense ratio of SHRT?

Gotham Short Strategies ETF (SHRT) charges an expense ratio of 1.36%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SHRT?

Gotham Short Strategies ETF (SHRT) manages $12.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is SHRT actively managed or an index fund?

SHRT's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was SHRT launched?

Gotham Short Strategies ETF (SHRT) launched in November 2023 and is managed by Gotham.

How has SHRT performed?

SHRT's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.