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 | 6.12% | ||
| WBA | Walgreens Boots Alliance Inc | Healthcare | Pharmaceutical Retailers | 1.97% |
| NRG | NRG Energy Inc. | Utilities | Utilities - Independent Power Producers | 1.92% |
| ENPH | Enphase Energy Inc | Technology | Solar | 1.71% |
| DVN | Devon Energy Corporation | Energy | Oil & Gas E&P | 1.63% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 1.54% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 1.52% |
| BAX | Baxter International Inc | Healthcare | Medical Instruments & Supplies | 1.50% |
| CEG | Constellation Energy Corp | Utilities | Utilities - Renewable | 1.47% |
| CNX | CNX Resources Corp | Energy | Oil & Gas E&P | 1.44% |
| GNRC | Generac Holdings Inc | Industrials | Specialty Industrial Machinery | 1.38% |
| NEM | Newmont Goldcorp Corp | Basic Materials | Gold | 1.37% |
| CF | CF Industries Holdings Inc | Basic Materials | Agricultural Inputs | 1.33% |
| CRL | Charles River Laboratories | Healthcare | Diagnostics & Research | 1.29% |
| EME | EMCOR Group Inc | Industrials | Engineering & Construction | 1.27% |
| SU | Suncor Energy Inc | Energy | Oil & Gas Integrated | 1.26% |
| STX | Seagate Technology PLC | Technology | Computer Hardware | 1.24% |
| TMUS | T-Mobile US Inc | Communication Services | Telecom Services | 1.23% |
| UHS | Universal Health Services Inc | Healthcare | Medical Care Facilities | 1.21% |
| CVS | CVS Health Corp | Healthcare | Healthcare Plans | 1.21% |