RAYS vs. LBAY ETF Comparison

Comparison of Global X Solar ETF (RAYS) to Leatherback Long/Short Alternative Yield ETF (LBAY)

RAYS

Global X Solar ETF

RAYS Description

The Global X Solar ETF seeks to invest in companies positioned to benefit from the advancement of the global solar technology industry. This includes companies involved in solar power production; the integration of solar into energy systems; and the development/manufacturing of solar-powered generators, engines, batteries, and other technologies related to the utilization of solar as an energy source.

Grade (RS Rating)

Last Trade

$9.73

Average Daily Volume

6,680

Number of Holdings ^*

* 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

$26.54

Average Daily Volume

2,703

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RAYS	LBAY
30 Days	-7.16%	-3.39%
60 Days	-0.82%	-3.50%
90 Days	-1.52%	-2.55%
12 Months	-19.30%	5.40%

0 Overlapping Holdings

	Symbol	Grade	Weight in RAYS	Weight in LBAY	Overlap

RAYS Overweight 10 Positions Relative to LBAY

Symbol	Grade	Weight
FSLR	F	8.86%
ENPH	F	4.88%
RUN	F	2.56%
AY	B	1.67%
ARRY	C	1.39%
SHLS	F	1.17%
SEDG	F	0.92%
CSIQ	F	0.65%
NOVA	F	0.6%
AMPS	C	0.48%

RAYS Underweight 52 Positions Relative to LBAY

Symbol	Grade	Weight
LW	C	-4.96%
XOM	B	-4.78%
ORI	A	-4.77%
MO	A	-4.64%
NEM	D	-4.59%
BG	F	-4.57%
CMCSA	B	-4.57%
FIS	C	-4.54%
VTRS	A	-4.48%
ZBH	C	-4.41%
AGNC	D	-4.41%
CVS	D	-4.36%
BERY	B	-4.14%
ICE	C	-4.08%
MTN	C	-3.91%
V	A	-3.89%
MDT	D	-3.86%
UNP	C	-3.77%
T	A	-3.64%
LHX	C	-3.59%
EBAY	D	-3.58%
MMM	D	-3.53%
AWK	D	-3.45%
BKNG	A	-3.37%
RIO	D	-3.28%
MSCI	C	-3.15%
APD	A	-3.11%
SPGI	C	-2.92%
PCH	D	-2.79%
DE	A	-2.68%
SHAK	C	--1.21%
DKS	C	--1.21%
BURL	A	--1.26%
SITE	D	--1.27%
RBLX	C	--1.29%
EQIX	A	--1.38%
TSLA	B	--1.45%
EVR	B	--1.46%
SF	B	--1.48%
LLY	F	--1.48%
DKNG	B	--1.49%
DLR	B	--1.51%
CVNA	B	--1.53%
AAPL	C	--1.53%
DAL	C	--1.53%
TOL	B	--1.54%
PLNT	A	--1.54%
AVGO	D	--1.54%
SQ	B	--1.56%
VRT	B	--1.63%
OLLI	D	--1.69%
DUOL	A	--1.85%