CUT vs. LBAY ETF Comparison

Comparison of Invesco MSCI Global Timber ETF (CUT) to Leatherback Long/Short Alternative Yield ETF (LBAY)
CUT

Invesco MSCI Global Timber ETF

CUT Description

The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the Beacon Global Timber Index. The fund will invest at least 90% of its total assets in common stock, American depositary receipts ("ADRs") and global depositary receipts ("GDRs") that comprise the index and depositary receipts representing common stocks included in the index (or underlying securities representing the ADRs and GDRs included in the index). It generally will invest in all of the securities comprising the index in proportion to their weightings in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.17

Average Daily Volume

11,497

Number of Holdings *

19

* 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

$26.58

Average Daily Volume

4,202

Number of Holdings *

52

* may have additional holdings in another (foreign) market
Performance
Period CUT LBAY
30 Days -1.38% -1.51%
60 Days 4.52% 2.36%
90 Days 10.66% 3.40%
12 Months 16.50% 1.05%
2 Overlapping Holdings
Symbol Grade Weight in CUT Weight in LBAY Overlap
PCH D 1.48% 2.74% 1.48%
PKG C 5.09% 4.04% 4.04%
CUT Overweight 17 Positions Relative to LBAY
Symbol Grade Weight
WRK A 5.37%
AVY A 5.04%
AMCR A 4.81%
IP D 4.76%
WY D 4.51%
GPK C 3.96%
SON D 2.61%
LPX D 2.27%
SEE C 2.14%
WFG D 2.02%
RYN F 1.95%
SLVM A 1.1%
PIN A 0.79%
CLW B 0.34%
PTVE C 0.33%
MERC A 0.2%
PACK B 0.16%
CUT Underweight 50 Positions Relative to LBAY
Symbol Grade Weight
FIS C -5.58%
XOM B -5.54%
BG C -5.18%
V D -4.98%
ZBH D -4.71%
ORI A -4.63%
ABBV D -4.51%
ICE D -4.19%
AGNC B -4.09%
NEM B -4.06%
WM C -3.88%
AWK B -3.87%
GEHC D -3.81%
CMCSA F -3.7%
MDT C -3.69%
LHX A -3.68%
APD C -3.64%
DIS C -3.53%
UNP C -3.52%
DPZ B -3.06%
LW D -3.04%
JNJ F -2.96%
KDP A -2.77%
CARR A -2.77%
MMM A -2.74%
KO A -2.7%
MTN F -2.61%
RIO A -2.56%
SPGI C -2.36%
SOLV C -1.93%
BURL D --0.83%
DKS B --1.02%
FIX C --1.05%
FIVE F --1.14%
PLD D --1.17%
VRT A --1.35%
PLNT F --1.43%
SITE F --1.43%
AAPL C --1.43%
EQIX F --1.52%
OLLI C --1.54%
SQ D --1.56%
RCL A --1.6%
BLK D --1.63%
DLR B --1.63%
TSLA D --1.83%
CMG A --1.89%
DASH D --1.96%
SF A --1.97%
AVGO D --1.99%
Compare ETFs