LBAY vs. XLB ETF Comparison
Comparison of Leatherback Long/Short Alternative Yield ETF (LBAY) to Materials Select Sector SPDR (XLB)
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
56
XLB
Materials Select Sector SPDR
XLB Description
The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Materials Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies from the following industries: chemicals; metals & mining; paper & forest products; containers & packaging; and construction materials. The fund is non-diversified.Grade (RS Rating)
Last Trade
$95.77
Average Daily Volume
4,128,386
28
Performance
| Period | LBAY | XLB |
|---|---|---|
| 30 Days | -0.70% | 2.03% |
| 60 Days | 2.12% | 6.84% |
| 90 Days | 7.84% | 9.61% |
| 12 Months | 10.49% | 26.37% |
LBAY Overweight 53 Positions Relative to XLB
| Symbol | Grade | Weight | |
|---|---|---|---|
| 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% | |
| ZBH | F | 4.05% | |
| MDT | B | 4.03% | |
| ICE | A | 4.02% | |
| VTRS | D | 4.01% | |
| AWK | B | 3.61% | |
| ABBV | A | 3.58% | |
| RIO | A | 3.52% | |
| UNP | D | 3.43% | |
| EBAY | A | 3.32% | |
| V | C | 3.26% | |
| 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 25 Positions Relative to XLB
| Symbol | Grade | Weight | |
|---|---|---|---|
| LIN | B | -17.79% | |
| SHW | B | -6.87% | |
| FCX | B | -5.03% | |
| ECL | B | -5.0% | |
| CTVA | A | -4.46% | |
| DOW | B | -4.05% | |
| DD | B | -3.9% | |
| NUE | D | -3.87% | |
| VMC | D | -3.7% | |
| MLM | D | -3.7% | |
| PPG | D | -3.3% | |
| IFF | C | -2.94% | |
| LYB | D | -2.7% | |
| SW | C | -2.56% | |
| BALL | C | -2.27% | |
| STLD | B | -1.93% | |
| AVY | C | -1.93% | |
| IP | C | -1.87% | |
| AMCR | B | -1.78% | |
| CF | A | -1.67% | |
| CE | D | -1.55% | |
| EMN | C | -1.4% | |
| ALB | D | -1.16% | |
| MOS | D | -0.9% | |
| FMC | B | -0.88% |
LBAY: Top Represented Industries & Keywords
XLB: Top Represented Industries & Keywords
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