LBAY vs. PPH ETF Comparison

Comparison of Leatherback Long/Short Alternative Yield ETF (LBAY) to Market Vectors Pharmaceutical ETF (PPH)
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

$25.95

Average Daily Volume

5,437

Number of Holdings *

55

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

Market Vectors Pharmaceutical ETF

PPH Description The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors US Listed Pharmaceutical 25 Index (the "Pharmaceutical Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Pharmaceutical Index is comprised of common stocks and depositary receipts of U.S. exchange-listed companies in the pharmaceutical industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange. It is non-diversified.

Grade (RS Rating)

Last Trade

$92.82

Average Daily Volume

144,233

Number of Holdings *

23

* may have additional holdings in another (foreign) market
Performance
Period LBAY PPH
30 Days -1.38% 0.98%
60 Days -4.21% 4.41%
90 Days -1.23% 9.01%
12 Months -1.11% 22.16%
2 Overlapping Holdings
Symbol Grade Weight in LBAY Weight in PPH Overlap
ABBV B 3.97% 5.34% 3.97%
JNJ D 3.0% 6.0% 3.0%
LBAY Overweight 53 Positions Relative to PPH
Symbol Grade Weight
BG B 5.47%
XOM D 5.35%
FIS C 5.11%
V F 4.92%
ORI C 4.85%
ICE A 4.45%
AGNC A 4.35%
ZBH F 4.34%
AWK C 4.2%
APD D 4.16%
CMCSA F 4.04%
LHX A 4.03%
NEM A 3.99%
PKG C 3.93%
MDT D 3.77%
MMM B 3.74%
UNP D 3.29%
MTN F 3.19%
LW F 3.1%
KDP D 2.85%
KO B 2.85%
BKNG C 2.73%
PCH F 2.67%
WM B 2.62%
SPGI A 2.6%
T B 2.56%
RIO D 2.54%
MSCI C 2.54%
CARR B 2.49%
DPZ D 2.47%
SOLV F 1.64%
DUOL F -0.78%
COIN D -0.81%
DAL D -0.98%
FIX D -1.09%
NFLX C -1.1%
SITE F -1.1%
IRM B -1.13%
BURL A -1.13%
CMG D -1.28%
VRT D -1.33%
DKS C -1.36%
AAPL B -1.36%
SQ D -1.39%
EQIX C -1.58%
SF B -1.64%
BLK B -1.72%
DASH F -1.73%
DLR B -1.75%
PLNT B -1.81%
OLLI A -1.83%
TSLA C -1.87%
RCL B -1.9%
LBAY Underweight 21 Positions Relative to PPH
Symbol Grade Weight
LLY B -13.28%
NVO C -9.94%
MRK C -5.81%
NVS B -5.12%
AZN D -4.85%
HLN A -4.63%
SNY B -4.59%
PFE C -4.56%
ZTS C -4.55%
MCK C -4.54%
TAK D -4.48%
BMY F -4.3%
GSK D -4.26%
TEVA B -3.42%
VTRS C -1.57%
JAZZ F -0.94%
CTLT B -0.8%
ELAN F -0.72%
OGN C -0.71%
PRGO F -0.47%
PDCO F -0.26%
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