KBWP vs. LBAY ETF Comparison
Comparison of PowerShares KBW Property & Casualty Insurance Portfolio ETF (KBWP) to Leatherback Long/Short Alternative Yield ETF (LBAY)
KBWP
PowerShares KBW Property & Casualty Insurance Portfolio ETF
KBWP Description
The PowerShares KBW Property & Casualty Insurance Portfolio (Fund) is based on the KBW Property & Casualty Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index. The Index is a modified market capitalization weighted index that seeks to reflect the performance of approximately 24 property and casualty insurance companies. The Fund and the Index are rebalanced and reconstituted quarterly.
Grade (RS Rating)
Last Trade
$117.37
Average Daily Volume
49,446
24
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
$27.55
Average Daily Volume
2,660
56
Performance
| Period | KBWP | LBAY |
|---|---|---|
| 30 Days | 1.59% | -1.35% |
| 60 Days | 12.42% | 3.71% |
| 90 Days | 16.69% | 7.77% |
| 12 Months | 40.14% | 10.20% |
0 Overlapping Holdings
| Symbol | Grade | Weight in KBWP | Weight in LBAY | Overlap |
|---|
KBWP Overweight 24 Positions Relative to LBAY
| Symbol | Grade | Weight | |
|---|---|---|---|
| TRV | B | 8.21% | |
| CB | A | 8.12% | |
| PGR | B | 8.05% | |
| ALL | A | 8.03% | |
| AIG | C | 7.6% | |
| RNR | A | 4.28% | |
| SIGI | D | 4.1% | |
| AIZ | B | 4.05% | |
| HIG | A | 4.05% | |
| AFG | A | 4.03% | |
| THG | A | 4.03% | |
| RLI | A | 4.02% | |
| EG | A | 4.0% | |
| AXS | A | 3.99% | |
| CINF | A | 3.97% | |
| ACGL | A | 3.96% | |
| WRB | C | 3.8% | |
| KMPR | D | 3.56% | |
| MCY | B | 3.15% | |
| SPNT | D | 2.21% | |
| HMN | B | 1.29% | |
| PRA | C | 0.69% | |
| UVE | C | 0.57% | |
| JRVR | F | 0.21% |
KBWP Underweight 56 Positions Relative to LBAY
| Symbol | Grade | Weight | |
|---|---|---|---|
| NEM | C | -4.99% | |
| BG | F | -4.81% | |
| XOM | A | -4.78% | |
| ORI | A | -4.75% | |
| MMM | C | -4.7% | |
| FIS | A | -4.61% | |
| LW | D | -4.4% | |
| AGNC | B | -4.24% | |
| MO | D | -4.12% | |
| CMCSA | B | -4.07% | |
| ZBH | F | -4.05% | |
| MDT | C | -4.03% | |
| ICE | A | -4.02% | |
| VTRS | D | -4.01% | |
| AWK | D | -3.61% | |
| ABBV | C | -3.58% | |
| RIO | B | -3.52% | |
| UNP | F | -3.43% | |
| EBAY | A | -3.32% | |
| V | B | -3.26% | |
| PKG | B | -3.25% | |
| APD | C | -3.2% | |
| LHX | A | -3.08% | |
| MTN | D | -3.08% | |
| T | B | -3.03% | |
| CARR | A | -2.97% | |
| PCH | C | -2.91% | |
| SPGI | C | -2.84% | |
| MSCI | B | -2.79% | |
| BKNG | B | -2.72% | |
| DE | C | -2.7% | |
| KDP | C | -2.62% | |
| KO | C | -2.56% | |
| SOLV | C | -2.09% | |
| EVR | C | --1.19% | |
| SITE | D | --1.25% | |
| BURL | C | --1.25% | |
| DKS | D | --1.27% | |
| FIX | A | --1.28% | |
| SHOP | B | --1.3% | |
| EQIX | C | --1.31% | |
| DLR | C | --1.33% | |
| TXRH | A | --1.41% | |
| AVGO | B | --1.49% | |
| CMG | C | --1.52% | |
| DUOL | B | --1.59% | |
| SQ | D | --1.63% | |
| VRT | B | --1.7% | |
| KKR | A | --1.71% | |
| OLLI | C | --1.78% | |
| SF | A | --1.79% | |
| CVNA | A | --1.8% | |
| PLNT | B | --1.9% | |
| RCL | B | --2.0% | |
| TSLA | C | --2.08% | |
| DASH | A | --2.13% |
KBWP: Top Represented Industries & Keywords
LBAY: Top Represented Industries & Keywords
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