Key stats
About Tidal ETF Trust Gotham Short Strategies ETF
Home page
Inception date
Nov 6, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
SHRT is an actively managed fund aiming to establish long and short positions in US-listed equities and swaps. The fund utilizes a systematic, bottom-up, valuation approach to capitalize on pricing inefficiencies. Stocks are analyzed for their fundamentals such as, recurring earnings, cash flows, capital efficiency, capital structure, and valuation. The fund aims to have a 50% net short exposure. The funds long positions focus on undervalued stocks and are weighted heavily towards those stocks that are priced at the largest discount based on the sub-advisers assessment. The short positions focus on overvalued stocks, with weights skewed to those trading at the largest premium. This fund is rebalanced daily to maintain exposure levels, manage risk, and reflect changes resulting from new information. Prior to November 6, 2023, SHRT operated as a mutual fund, which commenced operations on August 1, 2017, and prior to that as a private fund. The ETF launched with $19.1 million AUM.
Classification
What's in the fund
Exposure type
Health Technology
Electronic Technology
Technology Services
Cash
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SHRT trades at 8.10 USD today, its price has fallen −0.19% in the past 24 hours. Track more dynamics on SHRT price chart.
SHRT net asset value is 8.11 today — it's risen 1.40% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SHRT assets under management is 11.68 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SHRT price has risen by 1.63% over the last month, and its yearly performance shows a 0.68% increase. See more dynamics on SHRT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.40% over the last month, showed a 3.23% increase in three-month performance and has increased by 1.22% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.40% over the last month, showed a 3.23% increase in three-month performance and has increased by 1.22% in a year.
SHRT fund flows account for −3.28 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SHRT invests in stocks. See more details in our Analysis section.
SHRT expense ratio is 1.36%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
SHRT is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SHRT technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SHRT shows the buy signal. See more of SHRT technicals for a more comprehensive analysis.
Today, SHRT technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SHRT shows the buy signal. See more of SHRT technicals for a more comprehensive analysis.
Yes, SHRT pays dividends to its holders with the dividend yield of 0.80%.
SHRT trades at a premium (0.04%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SHRT shares are issued by Toroso Investments Topco LLC
SHRT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 6, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.