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 | 4.48% |
| GM | General Motors Company | Consumer Cyclical | Auto Manufacturers | 2.09% |
| TGT | Target Corporation | Consumer Defensive | Discount Stores | 2.05% |
| NRG | NRG Energy Inc. | Utilities | Utilities - Independent Power Producers | 1.92% |
| THC | Tenet Healthcare Corporation | Healthcare | Medical Care Facilities | 1.90% |
| LRCX | Lam Research Corp | Technology | Semiconductor Equipment & Materials | 1.84% |
| LPX | Louisiana-Pacific Corporation | Industrials | Building Products & Equipment | 1.65% |
| DVN | Devon Energy Corporation | Energy | Oil & Gas E&P | 1.63% |
| FMC | FMC Corporation | Basic Materials | Agricultural Inputs | 1.45% |
| BIIB | Biogen Inc | Healthcare | Drug Manufacturers - General | 1.36% |
| CHWY | Chewy Inc | Consumer Cyclical | Internet Retail | 1.34% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 1.31% |
| CRUS | Cirrus Logic Inc | Technology | Semiconductors | 1.26% |
| SWKS | Skyworks Solutions Inc | Technology | Semiconductors | 1.21% |
| TSN | Tyson Foods Inc | Consumer Defensive | Farm Products | 1.15% |
| ELAN | Elanco Animal Health | Healthcare | Drug Manufacturers - Specialty & Generic | 1.13% |
| RVTY | Revvity Inc. | Healthcare | Diagnostics & Research | 1.12% |
| EOG | EOG Resources Inc | Energy | Oil & Gas E&P | 1.12% |
| MMM | 3M Company | Industrials | Conglomerates | 1.12% |
| PPC | Pilgrims Pride Corp | Consumer Defensive | Packaged Foods | 1.09% |