TFNS vs SHRT

Comparison between T. ROWE PRICE FINANCIALS ETF (TFNS, ETF) and GOTHAM SHORT STRATEGIES ETF (SHRT, ETF).

TFNS vs SHRT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TFNS(ETF)	SHRT(ETF)
Net Assets	$14M	$14M
Expense Ratio	0.44%	1.35%
Max Drawdown	14.00%	28.50%
Sharpe Ratio	0.49	-1.35
5Y Beta	0.69	-0.43
P/E Ratio	17.08	24.97
Forward P/E	14.34	15.04
PEG Ratio	0.44	N/A
5Y EPS CAGR	12.26%	N/A
Debt to Equity	78.58%	-32.10%
P/S Ratio	0.56	1.65
P/B Ratio	2.20	3.57

Net Assets

TFNS

$14M

Winner

SHRT

$14M

Expense Ratio

Winner

TFNS

0.44%

SHRT

1.35%

Max Drawdown

Winner

TFNS

14.00%

SHRT

28.50%

Sharpe Ratio

Winner

TFNS

0.49

SHRT

-1.35

5Y Beta

TFNS

0.69

Winner

SHRT

-0.43

P/E Ratio

Winner

TFNS

17.08

SHRT

24.97

Forward P/E

Winner

TFNS

14.34

SHRT

15.04

PEG Ratio

TFNS

0.44

SHRT

N/A

5Y EPS CAGR

TFNS

12.26%

SHRT

N/A

Debt to Equity

TFNS

78.58%

Winner

SHRT

-32.10%

P/S Ratio

Winner

TFNS

0.56

SHRT

1.65

P/B Ratio

Winner

TFNS

2.20

SHRT

3.57

TFNS vs SHRT - Holdings Comparison

TFNS and SHRT have 1 common holdings. Overlap is -3.03%

TFNS's top 25 holdings weight is 74.19%. SHRT's top 25 holdings weight is 170.29%.

Rank	TFNS	SHRT
#1	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 9.14%	CASH OFFSET (n/a) - 129.75%
#2	VISA INC CLASS A (V) - 6.75%	US DOLLARS (n/a) - 9.76%
#3	MASTERCARD INC CLASS A (MA) - 5.91%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 6.89%
#4	BANK OF AMERICA CORP (BAC) - 5.27%	MICRON TECHNOLOGY INC (MU) - 2.10%
#5	JPMORGAN CHASE & CO (JPM) - 5.06%	TECHNIPFMC PLC (FTI) - 1.45%
#6	THE GOLDMAN SACHS GROUP INC (GS) - 4.41%	UBER TECHNOLOGIES INC (UBER) - 1.31%
#7	WELLS FARGO & CO (WFC) - 4.07%	HEWLETT PACKARD ENTERPRISE CO (HPE) - 1.29%
#8	CHARLES SCHWAB CORP (SCHW) - 3.56%	AGNICO EAGLE MINES LTD (AEM) - 1.27%
#9	CITIGROUP INC (C) - 3.26%	ADOBE INC (ADBE) - 1.24%
#10	MORGAN STANLEY (MS) - 3.15%	n/a (DELL) - 1.21%
#11	CAPITAL ONE FINANCIAL CORP (COF) - 2.95%	ANALOG DEVICES INC (ADI) - 1.20%
#12	CHUBB LTD (CB) - 2.46%	SALESFORCE INC (CRM) - 1.20%
#13	MARSH (MRSH) - 1.97%	BLOOM ENERGY CORP CLASS A (BE) - 1.18%
#14	BLACKROCK INC (BLK) - 1.95%	MARVELL TECHNOLOGY INC (MRVL) - 1.15%
#15	U.S. BANCORP (USB) - 1.70%	VALERO ENERGY CORP (VLO) - 1.13%
#16	ALLSTATE CORP (ALL) - 1.48%	MASIMO CORP (MASI) - 1.08%
#17	S&P GLOBAL INC (SPGI) - 1.47%	TRACTOR SUPPLY CO (TSCO) - 1.05%
#18	AMERICAN EXPRESS CO (AXP) - 1.35%	SOMNIGROUP INTERNATIONAL INC (SGI) - 1.04%
#19	AON PLC CLASS A (AON) - 1.32%	VIKING HOLDINGS LTD (VIK) - 1.03%
#20	KKR & CO INC ORDINARY SHARES (KKR) - 1.23%	COPART INC (CPRT) - 1.02%
#21	METLIFE INC (MET) - 1.21%	OCCIDENTAL PETROLEUM CORP (OXY) - 0.63%
#22	AMERICAN INTERNATIONAL GROUP INC (AIG) - 1.20%	PEPSICO INC (PEP) - 0.60%
#23	INTERCONTINENTAL EXCHANGE INC (ICE) - 1.16%	NETFLIX INC (NFLX) - 0.57%
#24	AMERIPRISE FINANCIAL INC (AMP) - 1.09%	NUTRIEN LTD (NTR) - 0.57%
#25	HUNTINGTON BANCSHARES INC (HBAN) - 1.07%	AMENTUM HOLDINGS INC (AMTM) - 0.57%
Total Holdings	80	659

TFNS vs SHRT - Historical Returns

Returns include dividend reinvestment.

Period	TFNS	SHRT
1 month	+3.50%	+2.12%
3 months	+8.17%	-5.03%
6 months	+6.88%	-10.21%
1 year	+9.91%	-14.62%
Max(CAGR)	+13.21%	-8.49%

Winner

TFNS

+3.50%

SHRT

+2.12%

Winner

TFNS

+8.17%

SHRT

-5.03%

Winner

TFNS

+6.88%

SHRT

-10.21%

Winner

TFNS

+9.91%

SHRT

-14.62%

Max(CAGR)

Winner

TFNS

+13.21%

SHRT

-8.49%

TFNS vs SHRT - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	TFNS	SHRT
2026	+3.65%	-14.57%
2025	+10.41%	-1.29%
2024	N/A	-2.64%
2023	N/A	-5.83%

TFNS vs SHRT Drawdown Comparison

The maximum drawdown for TFNS was -14.00%, occurring on Mar 27, 2026. Recovery took 122 trading sessions.

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

The current TFNS drawdown is -1.77%. The current SHRT drawdown is -23.34%.

Rank	TFNS	SHRT
#1	-14.00% Jan 6, 2026 - Jul 2, 2026	-27.85% Aug 5, 2024 - Jun 30, 2026
#2	-5.29% Sep 19, 2025 - Dec 5, 2025	-7.34% Apr 19, 2024 - Aug 5, 2024
#3	-3.69% Jul 25, 2025 - Aug 22, 2025	-6.52% Nov 6, 2023 - Apr 19, 2024
#4	-2.85% Jul 3, 2025 - Jul 23, 2025	N/A
#5	-2.25% Jun 12, 2025 - Jun 24, 2025	N/A
#6	-2.09% Jul 6, 2026 - Jul 14, 2026	N/A
#7	-1.83% Dec 24, 2025 - Jan 5, 2026	N/A
#8	-1.79% Sep 4, 2025 - Sep 18, 2025	N/A
#9	-1.77% Jul 16, 2026 - Jul 23, 2026	N/A
#10	-0.88% Aug 29, 2025 - Sep 4, 2025	N/A
#11	-0.59% Dec 15, 2025 - Dec 19, 2025	N/A
#12	-0.44% Aug 22, 2025 - Aug 26, 2025	N/A
#13	-0.43% Dec 5, 2025 - Dec 10, 2025	N/A
#14	-0.38% Jun 24, 2025 - Jun 26, 2025	N/A
#15	-0.11% Jul 1, 2025 - Jul 3, 2025	N/A

Correlation

Correlation between TFNS and SHRT is -0.52 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.52

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