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 | 6.71% | ||
| 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 | 1.89% |
| BAX | Baxter International Inc | Healthcare | Medical Instruments & Supplies | 1.69% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 1.66% |
| DVN | Devon Energy Corporation | Energy | Oil & Gas E&P | 1.63% |
| STX | Seagate Technology PLC | Technology | Computer Hardware | 1.56% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 1.54% |
| TMO | Thermo Fisher Scientific Inc | Healthcare | Diagnostics & Research | 1.52% |
| CNX | CNX Resources Corp | Energy | Oil & Gas E&P | 1.44% |
| JAZZ | Jazz Pharmaceuticals PLC | Healthcare | Biotechnology | 1.38% |
| META | Meta Platforms Inc. | Communication Services | Internet Content & Information | 1.35% |
| MRK | Merck & Company Inc | Healthcare | Drug Manufacturers - General | 1.33% |
| CF | CF Industries Holdings Inc | Basic Materials | Agricultural Inputs | 1.31% |
| PAAS | Pan American Silver Corp | Basic Materials | Gold | 1.30% |
| GNRC | Generac Holdings Inc | Industrials | Specialty Industrial Machinery | 1.30% |
| GMED | Globus Medical | Healthcare | Medical Devices | 1.27% |
| URBN | Urban Outfitters Inc | Consumer Cyclical | Apparel Retail | 1.24% |
| CEG | Constellation Energy Corp | Utilities | Utilities - Renewable | 1.24% |