Key stats
About Gotham Short Strategies ETF
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Inception date
Nov 6, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
ISIN
US8863642646
SHRT is an actively managed fund aiming to establish long and short positions in US-listed equities and swaps. The fund utilizes a systematic, bottom-up, valuation approach to capitalize on pricing inefficiencies. Stocks are analyzed for their fundamentals such as, recurring earnings, cash flows, capital efficiency, capital structure, and valuation. The fund aims to have a 50% net short exposure. The funds long positions focus on undervalued stocks and are weighted heavily towards those stocks that are priced at the largest discount based on the sub-advisers assessment. The short positions focus on overvalued stocks, with weights skewed to those trading at the largest premium. This fund is rebalanced daily to maintain exposure levels, manage risk, and reflect changes resulting from new information. Prior to November 6, 2023, SHRT operated as a mutual fund, which commenced operations on August 1, 2017, and prior to that as a private fund. The ETF launched with $19.1 million AUM.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Non-Energy Minerals
Producer Manufacturing
Stocks89.36%
Electronic Technology11.81%
Technology Services11.42%
Non-Energy Minerals10.67%
Producer Manufacturing10.35%
Health Technology9.82%
Consumer Services6.03%
Process Industries4.75%
Energy Minerals4.40%
Consumer Non-Durables4.01%
Transportation3.24%
Industrial Services3.22%
Retail Trade2.75%
Consumer Durables2.45%
Utilities2.10%
Commercial Services0.94%
Health Services0.82%
Distribution Services0.30%
Communications0.16%
Finance0.13%
Bonds, Cash & Other10.64%
Cash9.21%
Mutual fund1.44%
Stock breakdown by region
North America97.13%
Europe2.87%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SHRT invests in stocks. The fund's major sectors are Electronic Technology, with 11.81% stocks, and Technology Services, with 11.42% of the basket. The assets are mostly located in the North America region.
SHRT last dividends amounted to 0.06 USD. The year before, the issuer paid 0.02 USD in dividends, which shows a 66.78% increase.
SHRT assets under management is 12.59 M USD. It's risen 1.64% over the last month.
SHRT fund flows account for 2.45 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, SHRT pays dividends to its holders with the dividend yield of 0.88%. The last dividend (Dec 12, 2024) amounted to 0.06 USD. The dividends are paid annually.
SHRT shares are issued by Toroso Investments Topco LLC under the brand Gotham. The ETF was launched on Nov 6, 2023, and its management style is Active.
SHRT expense ratio is 1.36% meaning you'd have to pay 1.36% of your investment to help manage the fund.
SHRT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SHRT invests in stocks.
SHRT price has risen by 1.58% over the last month, and its yearly performance shows a −1.66% decrease. See more dynamics on SHRT price chart.
NAV returns, another gauge of an ETF dynamics, showed a −1.74% decrease in three-month performance and has decreased by −1.32% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −1.74% decrease in three-month performance and has decreased by −1.32% in a year.
SHRT trades at a premium (0.23%) meaning the ETF is trading at a higher price than the calculated NAV.