PWER vs. LBAY ETF Comparison
Comparison of Macquarie Energy Transition ETF (PWER) to Leatherback Long/Short Alternative Yield ETF (LBAY)
PWER
Macquarie Energy Transition ETF
PWER Description
The ETF seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in a diversified portfolio of securities in the energy, materials, industrial, renewable energy, and utilities sectors that meet the fund"s investment criteria.
Grade (RS Rating)
Last Trade
$28.22
Average Daily Volume
635
Number of Holdings
*
23
* may have additional holdings in another (foreign) market
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
$26.58
Average Daily Volume
2,398
Number of Holdings
*
54
* may have additional holdings in another (foreign) market
Performance
| Period | PWER | LBAY |
|---|---|---|
| 30 Days | -2.77% | -4.08% |
| 60 Days | -1.50% | -4.53% |
| 90 Days | 6.21% | -1.82% |
| 12 Months | 7.49% |
1 Overlapping Holdings
| Symbol | Grade | Weight in PWER | Weight in LBAY | Overlap | |
|---|---|---|---|---|---|
| APD | B | 3.83% | 3.5% | 3.5% |
PWER Overweight 22 Positions Relative to LBAY
PWER Underweight 53 Positions Relative to LBAY
| Symbol | Grade | Weight | |
|---|---|---|---|
| LW | B | -5.34% | |
| FIS | B | -5.17% | |
| XOM | C | -5.03% | |
| NEM | D | -4.94% | |
| ORI | D | -4.82% | |
| BG | F | -4.64% | |
| CVS | F | -4.5% | |
| MMM | D | -4.29% | |
| CMCSA | A | -4.26% | |
| AGNC | D | -4.26% | |
| ICE | C | -4.26% | |
| VTRS | B | -4.25% | |
| BERY | A | -4.21% | |
| MO | A | -4.12% | |
| MDT | B | -3.88% | |
| ZBH | C | -3.68% | |
| MTN | F | -3.63% | |
| UNP | D | -3.55% | |
| T | A | -3.53% | |
| AWK | D | -3.53% | |
| V | A | -3.49% | |
| RIO | B | -3.49% | |
| LHX | A | -3.32% | |
| EBAY | D | -3.06% | |
| MSCI | C | -3.0% | |
| BKNG | A | -2.87% | |
| KDP | F | -2.84% | |
| DE | B | -2.78% | |
| PCH | F | -2.78% | |
| SPGI | D | -2.73% | |
| SOLV | B | -2.25% | |
| BURL | D | --1.16% | |
| DKS | F | --1.23% | |
| EVR | A | --1.24% | |
| SITE | F | --1.26% | |
| FIX | B | --1.29% | |
| SHOP | B | --1.33% | |
| EQIX | B | --1.36% | |
| KKR | B | --1.48% | |
| AVGO | B | --1.49% | |
| TSLA | A | --1.52% | |
| SF | A | --1.52% | |
| DLR | A | --1.52% | |
| TXRH | A | --1.52% | |
| CVNA | A | --1.55% | |
| OLLI | C | --1.61% | |
| CMG | B | --1.61% | |
| DUOL | A | --1.63% | |
| RCL | B | --1.71% | |
| PLNT | D | --1.75% | |
| SQ | B | --1.89% | |
| DASH | A | --1.92% | |
| VRT | B | --1.95% |
PWER: Top Represented Industries & Keywords
LBAY: Top Represented Industries & Keywords
Industries:
Capital Markets
Software - Application
Specialty Retail
Discount Stores
Leisure
Medical Devices
REIT - Diversified
Restaurants
Asset Management
Auto Manufacturers
Beverages - Soft Drinks
Business Services
Chemicals
Communication Equipment
Conglomerates
Credit Services
Diversified Industrials
Drug Manufacturers - Specialty & Generic
Engineering & Construction
Farm & Construction Equipment
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