NYSE ARCA | ETF
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 onU. 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.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| FGXXX | First American Funds Inc. - Government Obligations Fund | null | null | 4.46% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 1.93% |
| NRG | NRG Energy Inc. | Utilities | Utilities - Independent Power Producers | 1.92% |
| OVV | Ovintiv Inc | Energy | Oil & Gas E&P | 1.74% |
| DVN | Devon Energy Corporation | Energy | Oil & Gas E&P | 1.63% |
| WBA | Walgreens Boots Alliance Inc | Healthcare | Pharmaceutical Retailers | 1.55% |
| THC | Tenet Healthcare Corporation | Healthcare | Medical Care Facilities | 1.47% |
| FMC | FMC Corporation | Basic Materials | Agricultural Inputs | 1.40% |
| BIIB | Biogen Inc | Healthcare | Drug Manufacturers - General | 1.33% |
| EME | EMCOR Group Inc | Industrials | Engineering & Construction | 1.24% |
| CI | Cigna Corp | Healthcare | Healthcare Plans | 1.22% |
| GNRC | Generac Holdings Inc | Industrials | Specialty Industrial Machinery | 1.22% |
| CVS | CVS Health Corp | Healthcare | Healthcare Plans | 1.21% |
| EXEL | Exelixis Inc | Healthcare | Biotechnology | 1.19% |
| LRCX | Lam Research Corp | Technology | Semiconductor Equipment & Materials | 1.18% |
| ZBRA | Zebra Technologies Corporation | Technology | Communication Equipment | 1.18% |
| HPE | Hewlett Packard Enterprise Co | Technology | Communication Equipment | 1.16% |
| FIVE | Five Below Inc | Consumer Cyclical | Specialty Retail | 1.16% |
| VRTX | Vertex Pharmaceuticals Inc | Healthcare | Biotechnology | 1.15% |
| MMM | 3M Company | Industrials | Conglomerates | 1.12% |