ABEQ vs. LBAY ETF Comparison

Comparison of Absolute Core Strategy ETF (ABEQ) to Leatherback Long/Short Alternative Yield ETF (LBAY)
ABEQ

Absolute Core Strategy ETF

ABEQ Description

The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the underlying index). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the index provider), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.90

Average Daily Volume

6,552

Number of Holdings *

15

* 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

$26.27

Average Daily Volume

4,731

Number of Holdings *

51

* may have additional holdings in another (foreign) market
Performance
Period ABEQ LBAY
30 Days -0.96% -2.22%
60 Days 3.61% 1.50%
90 Days 4.50% 2.12%
12 Months 5.20% -2.40%
2 Overlapping Holdings
Symbol Grade Weight in ABEQ Weight in LBAY Overlap
CMCSA F 3.79% 3.87% 3.79%
MDT D 4.52% 3.74% 3.74%
ABEQ Overweight 13 Positions Relative to LBAY
Symbol Grade Weight
BRK.A D 10.97%
L C 6.53%
UL B 5.64%
MRK A 5.16%
DD A 5.12%
EOG A 3.96%
TRV D 3.7%
VZ D 3.69%
EQC F 3.48%
CSCO D 3.07%
CTVA C 2.99%
IFF A 2.38%
CCI F 2.34%
ABEQ Underweight 49 Positions Relative to LBAY
Symbol Grade Weight
FIS B -5.67%
XOM B -5.49%
BG B -5.24%
V C -4.97%
ZBH F -4.86%
ORI A -4.52%
ABBV D -4.43%
PKG D -4.29%
AGNC C -4.18%
ICE C -4.18%
GEHC C -3.85%
WM B -3.79%
AWK C -3.67%
DIS D -3.61%
NEM A -3.6%
LHX A -3.59%
APD C -3.57%
UNP C -3.38%
DPZ A -3.04%
LANC D -3.02%
MTN F -2.97%
JNJ F -2.95%
PCH F -2.87%
MMM A -2.76%
CARR A -2.57%
KO A -2.57%
KDP A -2.52%
RIO A -2.51%
SPGI C -2.35%
SOLV B -1.96%
BURL C --0.85%
FIX B --1.04%
FIVE F --1.14%
VRT A --1.25%
PLD F --1.32%
AAPL F --1.44%
SITE C --1.46%
PLNT D --1.47%
RCL A --1.49%
OLLI D --1.51%
EQIX F --1.55%
DLR B --1.59%
SQ C --1.59%
BLK C --1.63%
TSLA D --1.71%
CMG A --1.81%
SF A --1.89%
DASH B --2.07%
AVGO B --2.07%
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