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Beacon

SHRTGotham Short Strategies ETF

Diversifier9y track recordRanked #211 of 266 in this goal

Seeks long-term capital appreciation and to provide positive returns in down markets.

By Gotham · Launched 2017

Annual Cost

1.35%

#5,653 of 5,861 · expensive

Fund Size

$14M

#4,707 of 5,861 · small

Return (1Y)Goal

-13.2%

Track Record

9 years

#1,567 of 5,861 · established

Performance

Total-return NAV · USD
Growth of $10,000
$8,635-13.6%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Inverse

What it actually holds

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

First American Government Obli
2.2%
Canadian Natural Resources Ltd
1.7%
Micron Technology Inc
1.6%
DuPont de Nemours Inc
1.6%
Kinross Gold Corp
1.6%
Skyworks Solutions Inc
1.5%
First Solar Inc
1.5%
General Motors Co
1.5%
Okta Inc
1.5%
Accenture PLC
1.5%

Asset allocation

Cash
144.3%
Stocks
88.1%

By sector

Basic Materials
26.6%
Technology
19.7%
Industrials
14.2%
Healthcare
11.3%
Consumer Cyclical
10.7%
Energy
9.6%
Communication
4.5%
Consumer Defensive
3.3%
Other
0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
14.2%Moderate

Year-on-year price swings

Max drawdown
-27.8%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks long-term capital appreciation and to provide positive returns in down markets.
Strategy
Actively manages long and short positions in equity and equity-related securities of companies traded on U.S. markets, targeting long positions in undervalued stocks and short positions in overvalued stocks. Maintains approximately 50% net short exposure with a gross equity exposure generally at or below 250%.
Inception date
July 31, 2017
Fund family
Gotham

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Inverse
Warning

You can be right and still lose

This fund returns the opposite of its benchmark's daily move, then resets. Hold it longer and the daily compounding takes over: the market can move your way over a week and you still finish down. It works as a one-day hedge and nothing beyond that.

Sources: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-04