XHS vs. LBAY ETF Comparison

Comparison of SPDR S&P Health Care Services ETF (XHS) to Leatherback Long/Short Alternative Yield ETF (LBAY)

XHS

SPDR S&P Health Care Services ETF

XHS Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the health care providers and services segment of a U.S. total market composite index. In seeking to track the performance of the S&P Health Care Services Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the health care services industry group of the S&P Total Market Index ("S&P TMI"). It is non-diversified.

Grade (RS Rating)

Last Trade

$95.54

Average Daily Volume

3,976

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	XHS	LBAY
30 Days	2.23%	-3.39%
60 Days	-1.36%	-3.50%
90 Days	-3.31%	-2.55%
12 Months	12.13%	5.40%

1 Overlapping Holdings

	Symbol	Grade	Weight in XHS	Weight in LBAY	Overlap
	CVS	D	1.99%	4.36%	1.99%

XHS Overweight 57 Positions Relative to LBAY

Symbol	Grade	Weight
HIMS	B	2.63%
HQY	B	2.56%
RDNT	B	2.5%
MCK	B	2.46%
GH	B	2.36%
PINC	B	2.35%
EHC	B	2.27%
LH	C	2.26%
CAH	B	2.24%
SEM	B	2.21%
DGX	A	2.13%
RCM	F	2.12%
COR	B	2.12%
THC	D	2.1%
PRVA	B	2.1%
UNH	C	2.09%
CHE	D	2.05%
ENSG	D	2.0%
DVA	B	1.98%
HSIC	B	1.98%
ADUS	D	1.96%
AMED	F	1.95%
PDCO	D	1.87%
CI	F	1.86%
HUM	C	1.84%
HCA	F	1.83%
UHS	D	1.81%
MOH	F	1.79%
USPH	B	1.7%
SGRY	F	1.67%
CRVL	A	1.65%
CNC	D	1.63%
ELV	F	1.55%
BKD	D	1.48%
OMI	F	1.48%
NEO	C	1.45%
OPCH	D	1.45%
MD	B	1.41%
AHCO	F	1.25%
CLOV	D	1.25%
CSTL	D	1.24%
LFST	C	1.24%
PGNY	F	1.21%
ALHC	C	1.14%
AMN	F	1.06%
ACHC	F	1.05%
NHC	C	1.02%
ASTH	D	1.01%
AGL	F	1.01%
PNTG	D	0.71%
ACCD	D	0.64%
OPK	C	0.64%
CYH	F	0.63%
CCRN	F	0.59%
MODV	C	0.52%
FLGT	F	0.42%
NRC	F	0.31%

XHS Underweight 51 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%
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%