ASEA vs. LBAY ETF Comparison

Comparison of Global X FTSE ASEAN 40 ETF (ASEA) to Leatherback Long/Short Alternative Yield ETF (LBAY)

ASEA

Global X FTSE ASEAN 40 ETF

ASEA Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE/ASEAN 40 Index ("underlying index"). The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The Adviser uses a "passive" or indexing approach. The underlying index tracks the equity performance of the 40 largest and most liquid companies in the five ASEAN regions: Singapore, Malaysia, Indonesia, Thailand and Philippines. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$14.96

Average Daily Volume

15,419

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

$26.52

Average Daily Volume

4,964

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ASEA	LBAY
30 Days	-0.90%	0.50%
60 Days	-0.48%	2.25%
90 Days	2.82%	4.63%
12 Months	2.06%	-3.49%

2 Overlapping Holdings

	Symbol	Grade	Weight in ASEA	Weight in LBAY	Overlap
	BG	A	1.89%	5.24%	1.89%
	XOM	A	2.17%	5.49%	2.17%

ASEA Overweight 39 Positions Relative to LBAY

Symbol	Grade	Weight
BGS	A	6.48%
KHC	A	3.89%
DKL	D	3.6%
GIS	A	3.44%
VZ	D	2.99%
MO	A	2.85%
PM	A	2.69%
UVV	A	2.68%
D	A	2.61%
EBF	D	2.57%
CAPL	A	2.51%
USAC	C	2.49%
PPL	B	2.48%
FTAI	A	2.47%
DUK	A	2.42%
CVX	A	2.41%
T	C	2.33%
CODI	B	2.32%
KNOP	D	2.3%
ABR	C	2.2%
SFL	B	2.15%
NLY	C	2.01%
CWEN	A	1.94%
KMI	A	1.91%
HRB	B	1.9%
IRM	B	1.87%
ILPT	C	1.85%
KREF	B	1.8%
IEP	F	1.8%
NFG	A	1.72%
BXMT	D	1.7%
MPLX	A	1.67%
OHI	C	1.64%
LADR	B	1.63%
SUN	C	1.62%
VIRT	A	1.61%
ALX	C	1.6%
HESM	A	1.56%
SPH	C	1.51%

ASEA Underweight 49 Positions Relative to LBAY

Symbol	Grade	Weight
FIS	A	-5.67%
V	C	-4.97%
ZBH	D	-4.86%
ORI	A	-4.52%
ABBV	C	-4.43%
PKG	D	-4.29%
AGNC	C	-4.18%
ICE	C	-4.18%
CMCSA	D	-3.87%
GEHC	C	-3.85%
WM	B	-3.79%
MDT	C	-3.74%
AWK	C	-3.67%
DIS	B	-3.61%
NEM	B	-3.6%
LHX	C	-3.59%
APD	D	-3.57%
UNP	C	-3.38%
DPZ	B	-3.04%
LANC	D	-3.02%
MTN	F	-2.97%
JNJ	F	-2.95%
PCH	F	-2.87%
MMM	A	-2.76%
CARR	C	-2.57%
KO	B	-2.57%
KDP	A	-2.52%
RIO	A	-2.51%
SPGI	D	-2.35%
SOLV	C	-1.96%
BURL	D	--0.85%
FIX	A	--1.04%
FIVE	F	--1.14%
VRT	B	--1.25%
PLD	F	--1.32%
AAPL	F	--1.44%
SITE	D	--1.46%
PLNT	F	--1.47%
RCL	A	--1.49%
OLLI	C	--1.51%
EQIX	D	--1.55%
DLR	D	--1.59%
SQ	C	--1.59%
BLK	C	--1.63%
TSLA	F	--1.71%
CMG	B	--1.81%
SF	A	--1.89%
DASH	B	--2.07%
AVGO	D	--2.07%