LBAY vs. RNEW ETF Comparison
Comparison of Leatherback Long/Short Alternative Yield ETF (LBAY) to VanEck Green Infrastructure ETF (RNEW)
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
$27.19
Average Daily Volume
4,768
55
RNEW
VanEck Green Infrastructure ETF
RNEW Description
The fund normally invests at least 80% of its total assets in securities of Green Infrastructure Companies. The index is a U.S. index that tracks the performance of Green Infrastructure Companies. "Green Infrastructure Companies" are companies that seek to positively impact the environment through the production, transmission, or distribution of green energy and/or through the establishment of sustainable infrastructure to facilitate the use of green energy. The fund is non-diversified.Grade (RS Rating)
Last Trade
$25.07
Average Daily Volume
231
10
Performance
| Period | LBAY | RNEW |
|---|---|---|
| 30 Days | 6.28% | 5.06% |
| 60 Days | 2.05% | 0.90% |
| 90 Days | 2.60% | 8.22% |
| 12 Months | 2.50% | -5.38% |
1 Overlapping Holdings
| Symbol | Grade | Weight in LBAY | Weight in RNEW | Overlap | |
|---|---|---|---|---|---|
| TSLA | C | -1.4% | 5.81% | -1.4% |
LBAY Overweight 54 Positions Relative to RNEW
| Symbol | Grade | Weight | |
|---|---|---|---|
| BG | C | 5.57% | |
| XOM | B | 5.32% | |
| ORI | A | 4.99% | |
| FIS | D | 4.96% | |
| ICE | A | 4.69% | |
| V | D | 4.55% | |
| AWK | A | 4.42% | |
| ZBH | C | 4.31% | |
| LHX | B | 4.27% | |
| NEM | A | 4.23% | |
| AGNC | B | 4.2% | |
| ABBV | A | 4.16% | |
| PKG | A | 4.05% | |
| APD | C | 3.97% | |
| CMCSA | C | 3.92% | |
| MMM | A | 3.65% | |
| MDT | C | 3.62% | |
| UNP | B | 3.37% | |
| JNJ | B | 3.19% | |
| MTN | D | 3.13% | |
| MO | A | 3.0% | |
| RIO | F | 3.0% | |
| HP | C | 2.94% | |
| KO | A | 2.87% | |
| PCH | C | 2.78% | |
| MSCI | B | 2.74% | |
| SPGI | A | 2.73% | |
| KDP | A | 2.69% | |
| T | A | 2.54% | |
| CARR | B | 2.48% | |
| BKNG | D | 2.44% | |
| LW | F | 1.91% | |
| SOLV | B | 1.78% | |
| COIN | C | -0.81% | |
| DAL | F | -0.85% | |
| VRT | D | -0.94% | |
| DUOL | F | -0.95% | |
| FIX | C | -0.98% | |
| NFLX | D | -0.99% | |
| CMG | D | -1.01% | |
| BURL | B | -1.14% | |
| IRM | A | -1.2% | |
| DKS | D | -1.22% | |
| SITE | C | -1.24% | |
| SQ | F | -1.31% | |
| AAPL | C | -1.34% | |
| DASH | D | -1.53% | |
| EQIX | B | -1.57% | |
| DLR | B | -1.68% | |
| SF | B | -1.71% | |
| OLLI | B | -1.74% | |
| RCL | C | -1.76% | |
| PLNT | C | -1.77% | |
| BLK | A | -1.79% |
LBAY: Top Represented Industries & Keywords
RNEW: Top Represented Industries & Keywords
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