FFLG vs. LBAY ETF Comparison
Comparison of Fidelity Fundamental Large Cap Growth ETF (FFLG) to Leatherback Long/Short Alternative Yield ETF (LBAY)
FFLG
Fidelity Fundamental Large Cap Growth ETF
FFLG Description
FFLG seeks to achieve long-term capital growth by investing in large-cap companies believed to have above-average growth potential. The adviser generally defines large-caps as companies with similar market capitalizations to Russell 1000 or S&P 500 companies. Growth is measured based on factors such as earnings or revenue. Stocks are selected using fundamental analysis of factors such as financial condition and industry position of each issuer, as well as market and economic conditions. The adviser then incorporates a quantitative portfolio construction process to emphasize securities in which the adviser has high conviction, subject to risk, liquidity, and trading characteristics. The fund invests in both US and non-US companies. Despite its large-cap focus, the fund's strategy can lead to investments in small- and mid-cap companies. Before February 26, 2024, the fund traded as Fidelity Growth Opportunities ETF under the ticker FGRO. The fund previously used a semitransparent ETF structure
Grade (RS Rating)
Last Trade
$23.95
Average Daily Volume
46,185
100
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
$27.62
Average Daily Volume
2,543
56
Performance
| Period | FFLG | LBAY |
|---|---|---|
| 30 Days | 2.56% | -0.80% |
| 60 Days | 6.33% | 1.57% |
| 90 Days | 1.15% | 7.95% |
| 12 Months | 46.08% | 8.44% |
FFLG Overweight 93 Positions Relative to LBAY
| Symbol | Grade | Weight | |
|---|---|---|---|
| MSFT | C | 10.56% | |
| NVDA | C | 7.82% | |
| META | B | 5.36% | |
| AMZN | C | 5.21% | |
| GOOG | D | 4.66% | |
| UBER | C | 3.45% | |
| TMUS | B | 2.86% | |
| GOOGL | D | 2.8% | |
| ROKU | D | 2.65% | |
| AAPL | B | 2.2% | |
| UNH | B | 2.14% | |
| AMD | C | 1.93% | |
| ON | D | 1.9% | |
| BSX | B | 1.88% | |
| FLEX | B | 1.84% | |
| NXPI | F | 1.81% | |
| SE | B | 1.73% | |
| GPN | D | 1.32% | |
| LLY | D | 1.25% | |
| LPLA | D | 1.04% | |
| ADBE | F | 1.01% | |
| FND | C | 0.97% | |
| MDB | D | 0.92% | |
| ORCL | B | 0.91% | |
| HUM | F | 0.89% | |
| MQ | F | 0.87% | |
| SNAP | D | 0.87% | |
| EPAM | F | 0.86% | |
| NOW | C | 0.84% | |
| MRVL | D | 0.8% | |
| CRM | C | 0.77% | |
| BA | F | 0.74% | |
| ZI | D | 0.68% | |
| DT | C | 0.67% | |
| PCG | C | 0.64% | |
| DDOG | D | 0.64% | |
| TSM | C | 0.64% | |
| MA | B | 0.59% | |
| INTU | D | 0.58% | |
| HUBS | D | 0.55% | |
| CYTK | F | 0.55% | |
| NFLX | B | 0.55% | |
| PEN | D | 0.54% | |
| DLO | F | 0.51% | |
| CNC | D | 0.5% | |
| CEG | C | 0.49% | |
| JBL | D | 0.47% | |
| AGL | F | 0.46% | |
| TMDX | C | 0.46% | |
| TMO | B | 0.42% | |
| BJ | D | 0.4% | |
| PCVX | C | 0.4% | |
| LOW | A | 0.4% | |
| DHR | B | 0.38% | |
| AMT | C | 0.38% | |
| INTA | C | 0.36% | |
| AR | C | 0.34% | |
| LYFT | D | 0.29% | |
| MGNI | D | 0.29% | |
| GFS | F | 0.28% | |
| AMAT | C | 0.26% | |
| LITE | B | 0.26% | |
| ACVA | C | 0.25% | |
| DV | F | 0.23% | |
| ARGX | B | 0.22% | |
| OVV | F | 0.22% | |
| CLDX | F | 0.22% | |
| PANW | C | 0.19% | |
| LULU | D | 0.17% | |
| ETN | B | 0.17% | |
| COHR | C | 0.16% | |
| PSTG | F | 0.15% | |
| BE | F | 0.14% | |
| APO | B | 0.12% | |
| NUVL | C | 0.11% | |
| MRNA | F | 0.1% | |
| ACN | C | 0.1% | |
| NVO | F | 0.1% | |
| REGN | D | 0.1% | |
| ALNY | C | 0.1% | |
| CHTR | D | 0.09% | |
| ZNTL | D | 0.08% | |
| KROS | C | 0.07% | |
| ALXO | F | 0.06% | |
| SNOW | F | 0.06% | |
| W | C | 0.05% | |
| ANET | B | 0.05% | |
| FSLR | C | 0.05% | |
| VLTO | A | 0.04% | |
| ARM | C | 0.03% | |
| LEN | B | 0.02% | |
| ASND | C | 0.0% | |
| ALHC | C | 0.0% |
FFLG Underweight 49 Positions Relative to LBAY
| Symbol | Grade | Weight | |
|---|---|---|---|
| NEM | C | -4.99% | |
| BG | F | -4.81% | |
| XOM | B | -4.78% | |
| ORI | B | -4.75% | |
| MMM | B | -4.7% | |
| FIS | C | -4.61% | |
| LW | D | -4.4% | |
| AGNC | B | -4.24% | |
| MO | C | -4.12% | |
| CMCSA | C | -4.07% | |
| ZBH | F | -4.05% | |
| MDT | A | -4.03% | |
| ICE | B | -4.02% | |
| VTRS | D | -4.01% | |
| AWK | C | -3.61% | |
| ABBV | B | -3.58% | |
| RIO | B | -3.52% | |
| UNP | C | -3.43% | |
| EBAY | A | -3.32% | |
| PKG | B | -3.25% | |
| APD | B | -3.2% | |
| LHX | B | -3.08% | |
| MTN | D | -3.08% | |
| T | B | -3.03% | |
| CARR | B | -2.97% | |
| PCH | C | -2.91% | |
| SPGI | C | -2.84% | |
| MSCI | C | -2.79% | |
| BKNG | B | -2.72% | |
| DE | A | -2.7% | |
| KDP | B | -2.62% | |
| SOLV | D | -2.09% | |
| EVR | C | --1.19% | |
| SITE | D | --1.25% | |
| BURL | C | --1.25% | |
| DKS | D | --1.27% | |
| FIX | B | --1.28% | |
| SHOP | C | --1.3% | |
| EQIX | B | --1.31% | |
| DLR | B | --1.33% | |
| TXRH | B | --1.41% | |
| CMG | D | --1.52% | |
| DUOL | C | --1.59% | |
| KKR | C | --1.71% | |
| OLLI | C | --1.78% | |
| SF | A | --1.79% | |
| PLNT | C | --1.9% | |
| RCL | B | --2.0% | |
| DASH | B | --2.13% |
FFLG: Top Represented Industries & Keywords
LBAY: Top Represented Industries & Keywords
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