HDGE vs. LBAY ETF Comparison
Comparison of Ranger Equity Bear Bear ETF (HDGE) to Leatherback Long/Short Alternative Yield ETF (LBAY)
HDGE
Ranger Equity Bear Bear ETF
HDGE Description
The investment seeks capital appreciation through short sales of domestically traded equity securities. The Sub-Advisor seeks to achieve the fund's investment objective by short selling a portfolio of liquid mid- and large-cap U.S. exchange-traded equity securities, ETFs registered pursuant to the 1940 Act, ETNs and other ETPs. The Sub-Advisor implements a bottom-up, fundamental, research driven security selection process that seeks to identify securities with low earnings quality or aggressive accounting that may tend to mask operational deterioration and bolster the reported earnings per share over a short time period.
Grade (RS Rating)
Last Trade
$18.81
Average Daily Volume
101,743
71
LBAY
Leatherback Long/Short Alternative Yield ETF
LBAY Description
The investment seeks capital appreciation and income. The fund is an actively-managed ETF that seeks to achieve its investment objective by purchasing long positions in securities believed to provide sustainable shareholder yield (defined as dividends plus buybacks plus debt paydowns) and taking short positions in securities expected to decline in price. It will generally have net exposure of 75% - 110% long. The fund's long positions are generally expected to be comprised of equity securities or depositary receipts, although long positions may also include investment-grade corporate bonds and convertible bonds. It is non-diversified.Grade (RS Rating)
Last Trade
$27.67
Average Daily Volume
2,298
55
Performance
| Period | HDGE | LBAY |
|---|---|---|
| 30 Days | -1.68% | 2.67% |
| 60 Days | -3.03% | 4.80% |
| 90 Days | -11.09% | 6.41% |
| 12 Months | -8.80% | 4.77% |
1 Overlapping Holdings
| Symbol | Grade | Weight in HDGE | Weight in LBAY | Overlap | |
|---|---|---|---|---|---|
| VRT | C | -1.52% | -1.12% | -1.52% |
HDGE Overweight 70 Positions Relative to LBAY
| Symbol | Grade | Weight | |
|---|---|---|---|
| ELF | F | -0.77% | |
| CAR | F | -0.77% | |
| LKQ | F | -0.96% | |
| HTZ | F | -0.97% | |
| MARA | F | -0.97% | |
| ANSS | D | -0.98% | |
| PLAB | F | -0.99% | |
| VLY | C | -1.0% | |
| ZS | F | -1.0% | |
| ASAN | F | -1.01% | |
| BRZE | F | -1.02% | |
| NGVT | D | -1.03% | |
| CFR | C | -1.04% | |
| DAR | F | -1.06% | |
| RIOT | F | -1.06% | |
| MTRN | F | -1.07% | |
| ENR | D | -1.07% | |
| S | C | -1.08% | |
| TPX | C | -1.08% | |
| CWH | C | -1.08% | |
| FLYW | F | -1.09% | |
| HGV | F | -1.09% | |
| PENN | D | -1.09% | |
| DEO | C | -1.11% | |
| JACK | F | -1.11% | |
| GO | F | -1.12% | |
| COIN | F | -1.14% | |
| MRTN | D | -1.15% | |
| GLBE | C | -1.17% | |
| WDC | D | -1.17% | |
| XRX | D | -1.17% | |
| NCNO | D | -1.17% | |
| WEX | C | -1.18% | |
| JKS | D | -1.19% | |
| DDOG | D | -1.21% | |
| HUM | F | -1.21% | |
| ETSY | F | -1.22% | |
| ALB | D | -1.23% | |
| PTC | D | -1.25% | |
| CNXC | F | -1.27% | |
| PCOR | F | -1.29% | |
| SABR | D | -1.29% | |
| ON | D | -1.3% | |
| ROKU | C | -1.3% | |
| WFC | D | -1.32% | |
| CFLT | F | -1.32% | |
| PI | B | -1.33% | |
| AAL | D | -1.33% | |
| IRDM | D | -1.34% | |
| LOGI | D | -1.35% | |
| SNA | C | -1.36% | |
| FR | B | -1.37% | |
| ODP | F | -1.38% | |
| CMA | B | -1.39% | |
| INFA | D | -1.41% | |
| LVS | D | -1.45% | |
| CACC | F | -1.45% | |
| NET | D | -1.45% | |
| MCW | F | -1.48% | |
| DKNG | C | -1.66% | |
| WK | D | -1.66% | |
| NTST | D | -1.69% | |
| CVS | D | -1.73% | |
| KSS | F | -1.76% | |
| MAR | C | -1.82% | |
| OZK | D | -1.95% | |
| SIG | C | -2.02% | |
| TEAM | D | -2.05% | |
| WSM | D | -2.15% | |
| PAYC | D | -2.49% |
HDGE Underweight 54 Positions Relative to LBAY
| Symbol | Grade | Weight | |
|---|---|---|---|
| BG | D | -4.81% | |
| ORI | B | -4.63% | |
| FIS | B | -4.6% | |
| NEM | B | -4.56% | |
| XOM | C | -4.55% | |
| MMM | B | -4.41% | |
| MO | C | -4.3% | |
| LW | D | -4.18% | |
| AGNC | B | -4.11% | |
| MDT | C | -4.04% | |
| ICE | C | -4.02% | |
| ZBH | F | -3.94% | |
| CMCSA | D | -3.86% | |
| VTRS | D | -3.68% | |
| ABBV | C | -3.68% | |
| AWK | B | -3.66% | |
| UNP | C | -3.47% | |
| V | C | -3.4% | |
| EBAY | B | -3.07% | |
| RIO | D | -3.06% | |
| PKG | B | -3.06% | |
| MTN | D | -2.98% | |
| LHX | C | -2.96% | |
| APD | B | -2.94% | |
| SPGI | B | -2.82% | |
| T | C | -2.76% | |
| MSCI | C | -2.75% | |
| PCH | C | -2.71% | |
| CARR | B | -2.64% | |
| KDP | B | -2.55% | |
| KO | C | -2.53% | |
| DE | B | -2.53% | |
| BKNG | C | -2.46% | |
| SOLV | C | -2.03% | |
| SHOP | C | --0.93% | |
| AVGO | C | --1.01% | |
| FIX | B | --1.02% | |
| CVNA | B | --1.03% | |
| CMG | C | --1.04% | |
| EVR | A | --1.07% | |
| SITE | C | --1.12% | |
| DUOL | B | --1.18% | |
| BURL | B | --1.18% | |
| DKS | D | --1.2% | |
| SQ | D | --1.25% | |
| SF | A | --1.59% | |
| OLLI | C | --1.63% | |
| EQIX | C | --1.7% | |
| DLR | B | --1.72% | |
| RCL | B | --1.76% | |
| TSLA | C | --1.8% | |
| BLK | B | --1.82% | |
| DASH | C | --1.83% | |
| PLNT | B | --1.85% |
HDGE: Top Represented Industries & Keywords
LBAY: Top Represented Industries & Keywords
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