DIVP vs. LBAY ETF Comparison
Comparison of Cullen Enhanced Equity Income ETF (DIVP) to Leatherback Long/Short Alternative Yield ETF (LBAY)
DIVP
Cullen Enhanced Equity Income ETF
DIVP Description
DIVP invests in large- and mid-cap value stocks that generally have higher dividend yield than the average of the funds US benchmark. The fund identifies value stocks that have low price-to-earnings ratio with above-average earnings and dividend growth potential. Companies are screened using fundamental research. The fund may invest up to 30% in non-US companies in the form of ADRs. While the portfolio is not rebalanced systematically, weighting is roughly equal to avoid overweighting of individual securities. To generate additional income, the fund selectively writes covered call options with a target range of between 25-40%. However, the covered call overlay limits participation in potential gains if shares increase in value. The adviser may sell stocks that are no longer viewed as attractive based on growth potential, dividend yield, or price. As an actively managed ETF, the fund manager has full discretion to make buy, hold, or sell decisions at any time.
Grade (RS Rating)
Last Trade
$25.94
Average Daily Volume
6,423
10
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
$27.12
Average Daily Volume
4,318
52
Performance
| Period | DIVP | LBAY |
|---|---|---|
| 30 Days | 3.86% | 2.96% |
| 60 Days | 3.03% | 2.82% |
| 90 Days | 6.68% | |
| 12 Months | 3.04% |
1 Overlapping Holdings
| Symbol | Grade | Weight in DIVP | Weight in LBAY | Overlap | |
|---|---|---|---|---|---|
| MDT | C | 3.78% | 3.78% | 3.78% |
DIVP Underweight 51 Positions Relative to LBAY
| Symbol | Grade | Weight | |
|---|---|---|---|
| FIS | A | -5.54% | |
| XOM | B | -5.3% | |
| BG | C | -5.06% | |
| V | C | -4.9% | |
| ORI | A | -4.73% | |
| ZBH | D | -4.71% | |
| ABBV | D | -4.36% | |
| AGNC | A | -4.18% | |
| ICE | C | -4.14% | |
| PKG | D | -4.13% | |
| AWK | C | -4.12% | |
| NEM | B | -3.84% | |
| WM | B | -3.82% | |
| GEHC | D | -3.81% | |
| APD | C | -3.81% | |
| LHX | A | -3.78% | |
| CMCSA | D | -3.74% | |
| DIS | D | -3.63% | |
| UNP | B | -3.43% | |
| DPZ | C | -3.21% | |
| LW | F | -3.05% | |
| JNJ | D | -2.98% | |
| CARR | B | -2.95% | |
| MMM | B | -2.88% | |
| PCH | D | -2.83% | |
| KDP | A | -2.73% | |
| KO | A | -2.71% | |
| RIO | B | -2.62% | |
| MTN | D | -2.58% | |
| SPGI | B | -2.41% | |
| SOLV | C | -2.01% | |
| BURL | D | --0.87% | |
| DKS | D | --1.02% | |
| FIVE | F | --1.1% | |
| FIX | B | --1.12% | |
| PLD | F | --1.18% | |
| SITE | D | --1.38% | |
| EQIX | C | --1.42% | |
| PLNT | C | --1.44% | |
| VRT | B | --1.45% | |
| AAPL | B | --1.51% | |
| SQ | D | --1.57% | |
| OLLI | D | --1.62% | |
| DLR | C | --1.65% | |
| RCL | B | --1.66% | |
| BLK | C | --1.66% | |
| DASH | D | --1.79% | |
| CMG | C | --1.93% | |
| TSLA | D | --1.98% | |
| AVGO | C | --2.0% | |
| SF | A | --2.08% |
DIVP: Top Represented Industries & Keywords
LBAY: Top Represented Industries & Keywords
Compare ETFs
