LBAY vs. FXH ETF Comparison

Comparison of Leatherback Long/Short Alternative Yield ETF (LBAY) to First Trust Health Care AlphaDEX (FXH)
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

$27.65

Average Daily Volume

2,601

Number of Holdings *

56

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

First Trust Health Care AlphaDEX

FXH Description The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Health Care Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the health care sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$110.03

Average Daily Volume

23,261

Number of Holdings *

73

* may have additional holdings in another (foreign) market
Performance
Period LBAY FXH
30 Days -0.70% -3.23%
60 Days 2.12% 0.44%
90 Days 7.84% 6.85%
12 Months 10.49% 15.63%
4 Overlapping Holdings
Symbol Grade Weight in LBAY Weight in FXH Overlap
ABBV A 3.58% 0.44% 0.44%
MDT B 4.03% 1.33% 1.33%
VTRS D 4.01% 2.26% 2.26%
ZBH F 4.05% 1.66% 1.66%
LBAY Overweight 52 Positions Relative to FXH
Symbol Grade Weight
NEM C 4.99%
BG F 4.81%
XOM A 4.78%
ORI B 4.75%
MMM C 4.7%
FIS C 4.61%
LW D 4.4%
AGNC C 4.24%
MO D 4.12%
CMCSA B 4.07%
ICE A 4.02%
AWK B 3.61%
RIO A 3.52%
UNP D 3.43%
EBAY A 3.32%
V C 3.26%
PKG C 3.25%
APD C 3.2%
LHX A 3.08%
MTN D 3.08%
T A 3.03%
CARR A 2.97%
PCH C 2.91%
SPGI C 2.84%
MSCI B 2.79%
BKNG C 2.72%
DE A 2.7%
KDP C 2.62%
KO C 2.56%
SOLV C 2.09%
EVR C -1.19%
SITE D -1.25%
BURL D -1.25%
DKS D -1.27%
FIX A -1.28%
SHOP C -1.3%
EQIX B -1.31%
DLR C -1.33%
TXRH A -1.41%
AVGO C -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 C -2.0%
TSLA C -2.08%
DASH A -2.13%
LBAY Underweight 69 Positions Relative to FXH
Symbol Grade Weight
UHS D -2.58%
THC C -2.55%
DVA C -2.44%
NTRA A -2.41%
ALNY C -2.35%
CNC F -2.34%
UTHR C -2.34%
PINC F -2.22%
JAZZ F -2.16%
HCA B -2.09%
ELV F -2.01%
LLY D -2.01%
EXEL B -1.92%
UNH B -1.9%
DGX B -1.88%
INCY B -1.8%
ISRG A -1.79%
RPRX B -1.78%
CI D -1.75%
AMGN D -1.72%
MEDP F -1.67%
PRGO F -1.66%
REGN D -1.65%
SRPT F -1.64%
VRTX D -1.64%
OGN F -1.54%
NBIX F -1.39%
TFX C -1.37%
MOH D -1.34%
HSIC D -1.33%
EHC B -1.31%
CAH B -1.3%
QGEN D -1.29%
CHE C -1.29%
JNJ D -1.29%
BRKR D -1.29%
DOCS A -1.27%
SYK C -1.24%
ENOV F -1.13%
CRL F -1.12%
RMD C -1.04%
HUM F -1.0%
IONS F -1.0%
GEHC C -0.98%
BIIB F -0.98%
BAX D -0.97%
PODD C -0.96%
A B -0.95%
IQV F -0.92%
ABT B -0.9%
HOLX D -0.9%
ITCI D -0.89%
BDX B -0.86%
MRK F -0.76%
EW F -0.6%
BIO B -0.47%
AVTR D -0.47%
NVST D -0.46%
ZTS C -0.44%
RCM B -0.44%
TECH C -0.43%
DHR C -0.43%
TMO C -0.43%
XRAY D -0.42%
STE D -0.42%
ALGN D -0.41%
GMED D -0.4%
PFE D -0.4%
WST D -0.37%
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