LBAY vs. FTXH ETF Comparison

Comparison of Leatherback Long/Short Alternative Yield ETF (LBAY) to First Trust Nasdaq Pharmaceuticals ETF (FTXH)
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

$26.13

Average Daily Volume

2,579

Number of Holdings *

52

* may have additional holdings in another (foreign) market
FTXH

First Trust Nasdaq Pharmaceuticals ETF

FTXH Description The First Trust Nasdaq Pharmaceuticals ETF is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an index called the Nasdaq US Smart Pharmaceuticals Index. The Fund seeks to replicate the holdings and weightings of the Nasdaq US Smart Pharmaceuticals Index so as to generate performance results 95% correlated to that of the Nasdaq US Smart Pharmaceuticals Index.

Grade (RS Rating)

Last Trade

$27.13

Average Daily Volume

3,094

Number of Holdings *

50

* may have additional holdings in another (foreign) market
Performance
Period LBAY FTXH
30 Days -6.09% -5.90%
60 Days -4.56% -7.01%
90 Days -2.99% -6.99%
12 Months 4.56% 12.14%
2 Overlapping Holdings
Symbol Grade Weight in LBAY Weight in FTXH Overlap
LLY F -1.48% 3.11% -1.48%
VTRS A 4.48% 3.97% 3.97%
LBAY Overweight 50 Positions Relative to FTXH
Symbol Grade Weight
LW C 4.96%
XOM B 4.78%
ORI A 4.77%
MO A 4.64%
NEM D 4.59%
BG D 4.57%
CMCSA B 4.57%
FIS C 4.54%
ZBH C 4.41%
AGNC C 4.41%
CVS F 4.36%
BERY D 4.14%
ICE C 4.08%
MTN C 3.91%
V A 3.89%
MDT D 3.86%
UNP D 3.77%
T A 3.64%
LHX B 3.59%
EBAY D 3.58%
MMM D 3.53%
AWK C 3.45%
BKNG A 3.37%
RIO D 3.28%
MSCI B 3.15%
APD A 3.11%
SPGI D 2.92%
PCH D 2.79%
DE C 2.68%
SHAK C -1.21%
DKS D -1.21%
BURL A -1.26%
SITE D -1.27%
RBLX B -1.29%
EQIX A -1.38%
TSLA A -1.45%
EVR B -1.46%
SF B -1.48%
DKNG B -1.49%
DLR A -1.51%
CVNA A -1.53%
AAPL C -1.53%
DAL A -1.53%
TOL B -1.54%
PLNT A -1.54%
AVGO C -1.54%
SQ A -1.56%
VRT A -1.63%
OLLI D -1.69%
DUOL A -1.85%
LBAY Underweight 48 Positions Relative to FTXH
Symbol Grade Weight
BMY A -8.89%
JNJ D -6.95%
PFE F -6.81%
ABBV F -6.56%
MRK F -6.31%
GILD C -4.43%
CAH B -4.09%
UTHR C -3.9%
ZTS D -3.61%
JAZZ C -3.45%
AMGN D -3.37%
BIIB F -3.06%
REGN F -2.51%
CRL D -2.47%
OGN F -2.43%
ELAN D -1.83%
MEDP D -1.79%
NBIX C -1.39%
HALO F -1.19%
EXEL B -1.12%
ALKS C -1.06%
PBH A -0.98%
PRGO C -0.97%
CORT C -0.82%
ACLX C -0.73%
PTGX D -0.71%
TGTX B -0.69%
ALNY D -0.65%
ITCI B -0.63%
ADMA C -0.62%
INCY C -0.62%
RNA C -0.6%
AMRX C -0.55%
VCEL A -0.54%
ACAD C -0.54%
BPMC C -0.53%
VRTX D -0.51%
KYMR C -0.5%
ROIV D -0.5%
INSM C -0.49%
TWST F -0.48%
KRYS C -0.48%
EXAS D -0.44%
VKTX F -0.44%
BMRN F -0.43%
SRPT F -0.42%
IONS F -0.41%
MYGN F -0.29%
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