LBAY vs. SPRE ETF Comparison

Comparison of Leatherback Long/Short Alternative Yield ETF (LBAY) to SP Funds S&P Global REIT Sharia ETF (SPRE)
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

$27.88

Average Daily Volume

2,319

Number of Holdings *

55

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

SP Funds S&P Global REIT Sharia ETF

SPRE Description Tidal ETF Trust - SP Funds S&P Global REIT Sharia ETF is a Shariah-Compliant exchange traded fund launched and managed by Toroso Investments, LLC. It is co-managed by Shariaportfolio, Inc. It invests in public equity markets of global region. The fund invests in stocks of companies operating across real estate, equity investment trusts (reits) sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the S&P Global Sharia All REIT Capped Index, by using full replication technique. The fund does not invest in stocks of companies operating across gambling, alcohol and tobacco sectors. Tidal ETF Trust - SP Funds S&P Global REIT Sharia ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$22.18

Average Daily Volume

68,609

Number of Holdings *

17

* may have additional holdings in another (foreign) market
Performance
Period LBAY SPRE
30 Days 4.14% 6.94%
60 Days 4.76% 7.82%
90 Days 8.51% 14.13%
12 Months 6.26% 19.73%
2 Overlapping Holdings
Symbol Grade Weight in LBAY Weight in SPRE Overlap
EQIX B -1.7% 12.51% -1.7%
PCH C 2.71% 1.34% 1.34%
LBAY Overweight 53 Positions Relative to SPRE
Symbol Grade Weight
BG F 4.81%
ORI B 4.63%
FIS A 4.6%
NEM B 4.56%
XOM D 4.55%
MMM A 4.41%
MO C 4.3%
LW D 4.18%
AGNC A 4.11%
MDT B 4.04%
ICE B 4.02%
ZBH D 3.94%
CMCSA D 3.86%
VTRS C 3.68%
ABBV B 3.68%
AWK A 3.66%
UNP B 3.47%
V A 3.4%
EBAY A 3.07%
RIO D 3.06%
PKG B 3.06%
MTN D 2.98%
LHX C 2.96%
APD B 2.94%
SPGI A 2.82%
T A 2.76%
MSCI C 2.75%
CARR A 2.64%
KDP B 2.55%
KO B 2.53%
DE B 2.53%
BKNG B 2.46%
SOLV C 2.03%
SHOP C -0.93%
AVGO C -1.01%
FIX B -1.02%
CVNA B -1.03%
CMG C -1.04%
EVR B -1.07%
VRT C -1.12%
SITE D -1.12%
DUOL C -1.18%
BURL B -1.18%
DKS D -1.2%
SQ D -1.25%
SF B -1.59%
OLLI C -1.63%
DLR A -1.72%
RCL B -1.76%
TSLA C -1.8%
BLK A -1.82%
DASH C -1.83%
PLNT B -1.85%
LBAY Underweight 15 Positions Relative to SPRE
Symbol Grade Weight
PLD B -12.18%
AVB B -10.18%
EQR B -5.07%
MAA A -5.0%
ELS B -4.88%
CPT B -4.79%
WY C -4.63%
CUBE A -4.58%
REXR C -4.07%
EGP B -3.35%
FR B -2.78%
TRNO B -2.5%
RYN C -1.63%
IIPR A -1.32%
ALEX B -0.54%
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