SHRT

Gotham Short Strategies ETF

$7.50

+0.00%

Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The Gotham Short Strategies ETF seeks to provide investment results that correspond, before fees and expenses, to the inverse (opposite) of the performance of the S&P 500 Index.

Overview

ETF tracking Gotham Short Strategies ETF

Category Inverse

Issuer Other

Inception Date 2023-11-06

Market Cap $12.7M

Average Volume N/A

Dividend Yield 0.87%

52-Week Range $7.27 - $8.36

VWAP $7.47

Performance

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Investment Summary

📎 Investment Objective

The Gotham Short Strategies ETF seeks to provide investment results that correspond, before fees and expenses, to the inverse (opposite) of the performance of the S&P 500 Index.

🎯 Investment Strategy

The ETF invests primarily in short positions of large-cap U.S. stocks and other securities to gain inverse exposure to the S&P 500 Index. The fund uses derivatives and other instruments to implement its short-selling strategy.

✨ Key Features

Inverse exposure to the S&P 500 Index, providing potential gains when the market declines
Actively managed portfolio of short positions in large-cap U.S. stocks
Aims to generate positive returns in down markets or periods of market volatility
Relatively high risk and volatility compared to long-only equity funds

⚠️ Primary Risks

Inverse performance risk - the fund's returns will be the opposite of the underlying index, amplifying losses in a rising market
Shorting risk - short positions can incur unlimited losses if the shorted securities rise in value
Derivatives risk - the use of derivatives like futures and swaps can increase volatility and counterparty risk
Concentration risk - the fund's short positions are focused on large-cap U.S. stocks

👤 Best For

The Gotham Short Strategies ETF is best suited for experienced, risk-tolerant investors seeking to hedge against or profit from market declines. It should be used as a tactical, short-term investment and not as a long-term core holding due to its high risk profile.