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 | 6.88% | ||
| WBA | Walgreens Boots Alliance Inc | Healthcare | Pharmaceutical Retailers | 1.97% |
| META | Meta Platforms Inc. | Communication Services | Internet Content & Information | 1.92% |
| CARR | Carrier Global Corp | Industrials | Building Products & Equipment | 1.85% |
| TMO | Thermo Fisher Scientific Inc | Healthcare | Diagnostics & Research | 1.82% |
| SNDK | Sandisk Corp | Technology | Computer Hardware | 1.81% |
| B | Barrick Mining Corporation | Basic Materials | Gold | 1.74% |
| VST | Vistra Energy Corp | Utilities | Utilities - Independent Power Producers | 1.70% |
| LRCX | Lam Research Corp | Technology | Semiconductor Equipment & Materials | 1.69% |
| JNPR | Juniper Networks Inc | Technology | Communication Equipment | 1.68% |
| GEV | GE Vernova LLC | Industrials | Specialty Industrial Machinery | 1.68% |
| AR | Antero Resources Corp | Energy | Oil & Gas E&P | 1.68% |
| FTI | TechnipFMC PLC | Energy | Oil & Gas Equipment & Services | 1.68% |
| AEM | Agnico Eagle Mines Limited | Basic Materials | Gold | 1.67% |
| CEG | Constellation Energy Corp | Utilities | Utilities - Renewable | 1.67% |
| BMY | Bristol-Myers Squibb Company | Healthcare | Drug Manufacturers - General | 1.58% |
| VLO | Valero Energy Corporation | Energy | Oil & Gas Refining & Marketing | 1.52% |
| WDC | Western Digital Corporation | Technology | Computer Hardware | 1.46% |
| PFE | Pfizer Inc | Healthcare | Drug Manufacturers - General | 1.46% |
| TEL | TE Connectivity Ltd | Technology | Electronic Components | 1.42% |