Gotham 1000 Value ETF
GVLU
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1370 Avenue of the Americas, 31st Floor New York NY United States of America 10019
- IPO Date
- Jun 8, 2022
- CIK
- 0001742912
- Website
- gothametfs.com
- Similar Companies
- Business
- Gotham 1000 Value ETF (GVLU) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing in equity securities of 400-600 mid- to large-capitalization companies selected from a universe of the largest 1,400 U.S.-listed companies measured by market capitalization; the portfolio emphasizes those stocks priced at the largest discount to Gotham Asset Management, LLC's proprietary assessment of value, utilizing a systematic bottom-up valuation approach focused on fundamentals such as recurring earnings, cash flows, capital efficiency, capital structure, and low price-to-cash-flow ratios, with daily rebalancing to reflect changes in stock prices, company valuations, earnings releases, and other new information, subject to pre-specified risk, diversification, sector, and tax management constraints. The fund offers investors exposure to a diversified portfolio across sectors including consumer discretionary, health care, consumer staples, industrials, financials, information technology, materials, energy, communication services, utilities, real estate, with top holdings such as Dollar General Corporation, Kinross Gold Corp., Dollar Tree Inc., Hudbay Minerals Inc., and Enstar Group Limited; it is listed on the NYSE Arca, with a net expense ratio of 0.50% (after fee waiver through at least January 31, 2026, from a gross of 0.65%), and targets institutional and retail investors seeking value-oriented U.S. equity strategies in the mid-cap value category. Launched on June 7, 2022, GVLU operates under Tidal Trust I (formerly Tidal ETF Trust, with a name change effective June 2, 2025), with investment advisory services provided by Tidal Investments LLC and sub-advisory by Gotham Asset Management, LLC, whose co-chief investment officers Joel Greenblatt (founder of predecessor Gotham Capital in 1985) and Robert Goldstein oversee portfolio management alongside Tidal's Michael Venuto and Charles A. Ragauss; the fund maintains U.S.-focused operations with assets under management of approximately $188-219 million as of mid-2025. Recent developments include sustained portfolio adjustments reflecting Gotham Asset Management's Q2 2025 13F disclosures showing new positions and increases in holdings like AZTA and ORLY alongside reductions in others such as NWL and HES, ongoing fee waiver extensions to support cost efficiency through early 2026, and strong performance with 11.15% one-year returns as of December 31, 2024 (outperforming the Russell 1000 Value Index's 14.37% on an after-tax basis in some measures while annualized since inception at 8.88%), amid a high portfolio turnover of 199% for the fiscal year ended September 30, 2024; these changes underscore the fund's dynamic response to market pricing inefficiencies and value opportunities without major acquisitions, partnerships, or structural shifts reported in the last 1-2 years.