ACES vs. LBAY ETF Comparison

Comparison of ALPS Clean Energy ETF (ACES) to Leatherback Long/Short Alternative Yield ETF (LBAY)

ACES

ALPS Clean Energy ETF

ACES 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

$26.89

Average Daily Volume

107,982

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

$26.27

Average Daily Volume

4,731

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ACES	LBAY
30 Days	-8.63%	-2.22%
60 Days	-7.18%	1.50%
90 Days	-9.28%	2.12%
12 Months	-36.33%	-2.40%

1 Overlapping Holdings

	Symbol	Grade	Weight in ACES	Weight in LBAY	Overlap
	TSLA	D	4.44%	-1.71%	-1.71%

ACES Overweight 31 Positions Relative to LBAY

Symbol	Grade	Weight
FSLR	A	6.51%
DAR	D	5.52%
ITRI	A	5.21%
ENPH	D	5.0%
ALB	F	4.64%
RIVN	F	4.45%
ORA	F	4.1%
WOLF	F	4.02%
HASI	B	3.48%
NEP	D	3.26%
RUN	F	2.95%
LCID	F	2.74%
PLUG	F	2.36%
ANDE	B	2.32%
CWEN	B	2.31%
ARRY	F	2.05%
SHLS	F	1.78%
GPRE	F	1.67%
FLNC	B	1.24%
REX	A	1.12%
NKLA	F	1.05%
AMRC	D	0.76%
CHPT	F	0.69%
NOVA	F	0.53%
AMSC	C	0.52%
CLNE	F	0.5%
PLL	F	0.31%
STEM	F	0.3%
AMPS	F	0.26%
SPWR	F	0.25%
GEVO	F	0.18%

ACES Underweight 50 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%
CMCSA	F	-3.87%
GEHC	C	-3.85%
WM	B	-3.79%
MDT	D	-3.74%
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%
CMG	A	--1.81%
SF	A	--1.89%
DASH	B	--2.07%
AVGO	B	--2.07%