AGOX vs. LBAY ETF Comparison

Comparison of Adaptive Growth Opportunities ETF (AGOX) to Leatherback Long/Short Alternative Yield ETF (LBAY)

AGOX

Adaptive Growth Opportunities ETF

AGOX Description

The investment seeks capital appreciation. The fund's portfolio manager seeks to achieve its investment objective of capital appreciation by investing in ETFs that are registered under the Investment Company Act of 1940, as amended and not affiliated with the fund that invest in equity securities of any market capitalization of issuers from a number of countries throughout the world, including emerging market countries. The manager primarily utilizes ETFs and equities but may also use fixed income securities to diversify its asset classes. The fixed income securities in which the fund will invest will be investment grade and may be of any duration or maturity.

Grade (RS Rating)

Last Trade

$28.17

Average Daily Volume

30,940

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

$26.62

Average Daily Volume

2,577

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AGOX	LBAY
30 Days	-2.93%	-3.39%
60 Days	4.53%	-3.74%
90 Days	5.61%	-0.04%
12 Months	23.94%	6.27%

6 Overlapping Holdings

Symbol	Grade	Weight in AGOX	Weight in LBAY	Overlap
AVGO	B	0.12%	-1.49%	-1.49%
BKNG	A	0.4%	2.87%	0.4%
T	B	0.83%	3.53%	0.83%
TSLA	B	0.05%	-1.52%	-1.52%
VRT	B	1.12%	-1.95%	-1.95%
XOM	B	0.02%	5.03%	0.02%

AGOX Overweight 64 Positions Relative to LBAY

Symbol	Grade	Weight
QQQ	A	22.11%
SMH	B	17.08%
AMZN	A	7.21%
XLC	A	6.47%
BSX	B	4.55%
SMCI	F	2.59%
NVDA	B	2.16%
HWM	B	2.11%
AAPL	C	2.03%
MSFT	D	1.59%
CRM	B	1.51%
PGR	D	1.27%
GE	D	1.19%
DECK	B	1.13%
KCE	B	1.1%
VRTX	A	1.09%
VRSK	B	1.04%
FICO	B	0.99%
CEG	C	0.92%
GWW	A	0.92%
BMI	D	0.83%
CRS	B	0.82%
ETN	B	0.82%
CPRT	D	0.81%
TDG	B	0.8%
NVO	F	0.79%
APPF	D	0.76%
REGN	F	0.73%
INTC	C	0.72%
XAR	B	0.68%
CBOE	B	0.62%
MMS	D	0.62%
SPSC	F	0.57%
ARGT	A	0.52%
ANF	F	0.45%
PTGX	B	0.45%
IR	B	0.43%
AMP	A	0.42%
AMD	F	0.41%
MOG.A	C	0.36%
IESC	B	0.36%
RJF	B	0.36%
JPM	B	0.32%
ECL	D	0.29%
TYL	B	0.29%
GRBK	D	0.28%
FSS	D	0.28%
AI	B	0.28%
HUBB	B	0.26%
TPH	D	0.26%
MDGL	A	0.25%
META	B	0.24%
BAC	B	0.23%
SCHW	B	0.22%
SWKS	F	0.21%
MANH	D	0.2%
WINA	B	0.2%
AROC	C	0.2%
PWR	A	0.13%
MPC	F	0.01%
ORCL	B	0.01%
ADI	C	0.01%
OGIG	A	0.0%
LLY	F	-0.56%

AGOX Underweight 48 Positions Relative to LBAY

Symbol	Grade	Weight
LW	C	-5.34%
FIS	B	-5.17%
NEM	D	-4.94%
ORI	C	-4.82%
BG	F	-4.64%
CVS	F	-4.5%
MMM	D	-4.29%
CMCSA	B	-4.26%
AGNC	D	-4.26%
ICE	C	-4.26%
VTRS	B	-4.25%
BERY	C	-4.21%
MO	A	-4.12%
MDT	B	-3.88%
ZBH	D	-3.68%
MTN	F	-3.63%
UNP	D	-3.55%
AWK	D	-3.53%
APD	B	-3.5%
V	A	-3.49%
RIO	B	-3.49%
LHX	B	-3.32%
EBAY	D	-3.06%
MSCI	B	-3.0%
KDP	F	-2.84%
DE	C	-2.78%
PCH	D	-2.78%
SPGI	D	-2.73%
SOLV	B	-2.25%
BURL	D	--1.16%
DKS	F	--1.23%
EVR	B	--1.24%
SITE	C	--1.26%
FIX	B	--1.29%
SHOP	B	--1.33%
EQIX	B	--1.36%
KKR	B	--1.48%
SF	B	--1.52%
DLR	B	--1.52%
TXRH	B	--1.52%
CVNA	B	--1.55%
OLLI	C	--1.61%
CMG	D	--1.61%
DUOL	B	--1.63%
RCL	A	--1.71%
PLNT	D	--1.75%
SQ	C	--1.89%
DASH	B	--1.92%