SHRT vs FLYT

Comparison between GOTHAM SHORT STRATEGIES ETF (SHRT, ETF) and DIREXION FLIGHT TO SAFETY STRATEGY ETF (FLYT, ETF).

SHRT vs FLYT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SHRT(ETF)	FLYT(ETF)
Net Assets	$14M	$14M
Expense Ratio	1.35%	N/A
Max Drawdown	28.50%	92.32%
Sharpe Ratio	-1.35	-0.06
5Y Beta	-0.43	6.84
P/E Ratio	24.97	N/A
Forward P/E	15.04	N/A
Debt to Equity	-32.10%	N/A
P/S Ratio	1.65	N/A
P/B Ratio	3.57	N/A

Net Assets

SHRT

$14M

Winner

FLYT

$14M

Expense Ratio

SHRT

1.35%

FLYT

N/A

Max Drawdown

Winner

SHRT

28.50%

FLYT

92.32%

Sharpe Ratio

SHRT

-1.35

Winner

FLYT

-0.06

5Y Beta

Winner

SHRT

-0.43

FLYT

6.84

P/E Ratio

SHRT

24.97

FLYT

N/A

Forward P/E

SHRT

15.04

FLYT

N/A

Debt to Equity

SHRT

-32.10%

FLYT

N/A

P/S Ratio

SHRT

1.65

FLYT

N/A

P/B Ratio

SHRT

3.57

FLYT

N/A

SHRT vs FLYT - Historical Returns

Returns include dividend reinvestment.

Period	SHRT	FLYT
1 month	+2.12%	-46.86%
3 months	-5.03%	-80.89%
6 months	-10.21%	-76.52%
1 year	-14.62%	N/A
5 years(CAGR)	N/A	-36.64%
Max(CAGR)	-8.49%	-29.32%

Winner

SHRT

+2.12%

FLYT

-46.86%

Winner

SHRT

-5.03%

FLYT

-80.89%

Winner

SHRT

-10.21%

FLYT

-76.52%

SHRT

-14.62%

FLYT

N/A

5Y(CAGR)

SHRT

N/A

FLYT

-36.64%

Max(CAGR)

Winner

SHRT

-8.49%

FLYT

-29.32%

SHRT vs FLYT - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	SHRT	FLYT
2026	-14.57%	-66.58%
2025	-1.29%	-45.70%
2024	-2.64%	N/A
2023	-5.83%	N/A
2022	N/A	-1.20%
2021	N/A	+0.96%
2020	N/A	+6.87%

SHRT vs FLYT Drawdown Comparison

The maximum drawdown for SHRT was -27.85%, occurring on Jun 30, 2026. This drawdown has not yet recovered.

The maximum drawdown for FLYT was -91.93%, occurring on Jul 16, 2026. This drawdown has not yet recovered.

The current SHRT drawdown is -23.34%. The current FLYT drawdown is -90.55%.

Rank	SHRT	FLYT
#1	-27.85% Aug 5, 2024 - Jun 30, 2026	-91.93% May 26, 2026 - Jul 16, 2026
#2	-7.34% Apr 19, 2024 - Aug 5, 2024	-85.22% Aug 6, 2020 - May 26, 2026
#3	-6.52% Nov 6, 2023 - Apr 19, 2024	-14.68% Mar 9, 2020 - Jul 22, 2020
#4	N/A	-3.35% Feb 24, 2020 - Mar 4, 2020
#5	N/A	-0.43% Jul 31, 2020 - Aug 4, 2020
#6	N/A	-0.42% Aug 4, 2020 - Aug 6, 2020
#7	N/A	-0.30% Feb 10, 2020 - Feb 13, 2020
#8	N/A	-0.22% Feb 18, 2020 - Feb 20, 2020
#9	N/A	-0.12% Jul 24, 2020 - Jul 28, 2020