LBAY vs. KLXY ETF Comparison
Comparison of Leatherback Long/Short Alternative Yield ETF (LBAY) to KraneShares Global Luxury Index ETF (KLXY)
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
$26.27
Average Daily Volume
2,522
52
KLXY
KraneShares Global Luxury Index ETF
KLXY Description
Under normal circumstances, the fund will invest at least 80% of its net assets in instruments in its underlying index or in instruments that have economic characteristics similar to those in the underlying index. The underlying index is a modified, free float adjusted market capitalization weighted index designed to measure the equity performance of companies in developed markets from global luxury-related sectors. The fund is non-diversified.Grade (RS Rating)
Last Trade
$22.00
Average Daily Volume
905
10
Performance
| Period | LBAY | KLXY |
|---|---|---|
| 30 Days | -4.84% | -6.07% |
| 60 Days | -4.25% | -4.93% |
| 90 Days | -2.88% | -9.14% |
| 12 Months | 4.39% | -9.03% |
1 Overlapping Holdings
| Symbol | Grade | Weight in LBAY | Weight in KLXY | Overlap | |
|---|---|---|---|---|---|
| MTN | C | 3.91% | 2.4% | 2.4% |
LBAY Overweight 51 Positions Relative to KLXY
| Symbol | Grade | Weight | |
|---|---|---|---|
| LW | C | 4.96% | |
| XOM | A | 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% | |
| VTRS | A | 4.48% | |
| ZBH | C | 4.41% | |
| AGNC | C | 4.41% | |
| CVS | D | 4.36% | |
| BERY | C | 4.14% | |
| ICE | D | 4.08% | |
| 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 | C | 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 | B | -1.26% | |
| SITE | F | -1.27% | |
| RBLX | B | -1.29% | |
| EQIX | A | -1.38% | |
| TSLA | B | -1.45% | |
| EVR | B | -1.46% | |
| SF | B | -1.48% | |
| LLY | F | -1.48% | |
| DKNG | B | -1.49% | |
| DLR | A | -1.51% | |
| CVNA | B | -1.53% | |
| AAPL | C | -1.53% | |
| DAL | A | -1.53% | |
| TOL | B | -1.54% | |
| PLNT | A | -1.54% | |
| AVGO | D | -1.54% | |
| SQ | A | -1.56% | |
| VRT | A | -1.63% | |
| OLLI | D | -1.69% | |
| DUOL | A | -1.85% |
LBAY: Top Represented Industries & Keywords
KLXY: Top Represented Industries & Keywords
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