WBIY vs. LBAY ETF Comparison

Comparison of WBI Power Factor High Dividend ETF (WBIY) to Leatherback Long/Short Alternative Yield ETF (LBAY)

WBIY

WBI Power Factor High Dividend ETF

WBIY Description

The investment seeks long term-capital appreciation while also seeking to protect principal during unfavorable market conditions. The fund will seek to achieve its investment objective by using a broad and flexible investment strategy and may invest directly in different types of instruments, such as: stocks and bonds issued by public and private companies and bonds issued by governments and governmental agencies ("Direct Investments"); and shares of funds that invest directly in such instruments. It is non-diversified.

Grade (RS Rating)

Last Trade

$28.62

Average Daily Volume

4,341

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

$26.18

Average Daily Volume

4,286

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WBIY	LBAY
30 Days	-2.15%	-0.85%
60 Days	-5.71%	-3.21%
90 Days	0.20%	0.79%
12 Months	20.17%	5.04%

0 Overlapping Holdings

	Symbol	Grade	Weight in WBIY	Weight in LBAY	Overlap

WBIY Overweight 50 Positions Relative to LBAY

Symbol	Grade	Weight
KSS	F	5.29%
MO	A	5.26%
D	B	5.14%
T	B	5.08%
KMI	A	5.05%
OKE	B	4.93%
DOW	C	4.87%
VZ	D	4.73%
LYB	C	4.67%
F	D	4.67%
CAG	B	4.53%
BBY	D	4.51%
BMY	F	4.16%
WHR	F	4.12%
CFG	A	2.66%
KEY	C	2.54%
KHC	C	2.09%
RF	B	2.05%
OGN	B	1.67%
CBRL	F	1.3%
COLB	C	1.09%
BKH	B	1.07%
HESM	C	1.07%
WU	C	0.94%
VLY	F	0.94%
JXN	A	0.93%
CVI	F	0.9%
PRU	A	0.86%
HBAN	A	0.83%
CWEN	B	0.81%
TNL	D	0.81%
USB	D	0.81%
SNV	C	0.8%
OMF	B	0.8%
FITB	A	0.79%
ZION	B	0.76%
PNC	B	0.75%
FNF	B	0.73%
ASB	A	0.52%
FIBK	B	0.48%
NWN	B	0.47%
VIRT	B	0.37%
FULT	A	0.31%
CVBF	C	0.29%
BRY	C	0.21%
PFS	B	0.2%
SFNC	D	0.17%
SASR	B	0.15%
HOPE	D	0.13%
EGBN	F	0.12%

WBIY Underweight 52 Positions Relative to LBAY

Symbol	Grade	Weight
FIS	C	-5.94%
XOM	B	-5.13%
BG	B	-4.99%
V	C	-4.84%
ORI	A	-4.77%
ZBH	D	-4.56%
ICE	C	-4.23%
ABBV	D	-4.18%
PKG	D	-4.16%
AWK	B	-4.14%
AGNC	C	-4.12%
APD	C	-3.98%
LHX	A	-3.88%
MDT	D	-3.88%
NEM	B	-3.85%
GEHC	D	-3.76%
WM	B	-3.72%
CMCSA	D	-3.69%
UNP	C	-3.29%
DIS	D	-3.14%
LW	F	-3.14%
DPZ	B	-3.07%
JNJ	F	-3.01%
MMM	B	-2.96%
CARR	A	-2.94%
PCH	D	-2.84%
KDP	B	-2.72%
KO	A	-2.68%
RIO	B	-2.65%
MTN	F	-2.49%
SPGI	C	-2.45%
SOLV	C	-1.88%
BURL	D	--0.84%
DKS	C	--0.89%
FIVE	F	--0.97%
FIX	A	--1.08%
PLD	D	--1.2%
SITE	F	--1.33%
SQ	D	--1.4%
VRT	A	--1.46%
OLLI	B	--1.49%
PLNT	D	--1.51%
EQIX	F	--1.56%
AAPL	B	--1.56%
DLR	D	--1.6%
DASH	D	--1.66%
BLK	D	--1.67%
RCL	A	--1.67%
CMG	A	--1.86%
TSLA	D	--1.88%
SF	A	--2.0%
AVGO	C	--2.08%