FXZ vs. LBAY ETF Comparison
Comparison of First Trust Materials AlphaDEX Fund (FXZ) to Leatherback Long/Short Alternative Yield ETF (LBAY)
FXZ
First Trust Materials AlphaDEX Fund
FXZ Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Materials Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the materials and processing sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.
Grade (RS Rating)
Last Trade
$64.85
Average Daily Volume
26,530
36
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
$26.45
Average Daily Volume
2,577
52
Performance
| Period | FXZ | LBAY |
|---|---|---|
| 30 Days | -2.55% | -3.99% |
| 60 Days | 0.78% | -3.40% |
| 90 Days | -0.44% | -2.87% |
| 12 Months | 5.11% | 5.05% |
FXZ Overweight 34 Positions Relative to LBAY
| Symbol | Grade | Weight | |
|---|---|---|---|
| STLD | B | 5.6% | |
| RS | B | 5.43% | |
| X | B | 5.13% | |
| NUE | C | 4.95% | |
| LYB | F | 4.36% | |
| FMC | D | 4.18% | |
| CF | A | 4.11% | |
| NEU | D | 4.03% | |
| MOS | F | 3.99% | |
| EMN | C | 3.68% | |
| TKR | D | 3.63% | |
| IP | A | 3.58% | |
| ASH | F | 3.58% | |
| CLF | F | 3.5% | |
| RGLD | C | 3.04% | |
| ECL | D | 2.92% | |
| CC | C | 2.82% | |
| CE | F | 2.75% | |
| OLN | F | 2.62% | |
| WLK | D | 2.56% | |
| FAST | B | 2.32% | |
| ESI | B | 2.09% | |
| LIN | C | 1.91% | |
| AVY | F | 1.81% | |
| SCCO | F | 1.75% | |
| FCX | F | 1.73% | |
| HUN | F | 1.64% | |
| AA | A | 1.01% | |
| ALB | B | 0.97% | |
| RBC | A | 0.93% | |
| MP | C | 0.92% | |
| HXL | F | 0.85% | |
| SMG | C | 0.76% | |
| IFF | D | 0.73% |
FXZ Underweight 50 Positions Relative to LBAY
| Symbol | Grade | Weight | |
|---|---|---|---|
| LW | C | -4.96% | |
| XOM | B | -4.78% | |
| ORI | A | -4.77% | |
| MO | A | -4.64% | |
| BG | D | -4.57% | |
| CMCSA | B | -4.57% | |
| FIS | C | -4.54% | |
| VTRS | A | -4.48% | |
| ZBH | C | -4.41% | |
| AGNC | C | -4.41% | |
| CVS | D | -4.36% | |
| BERY | C | -4.14% | |
| ICE | C | -4.08% | |
| MTN | C | -3.91% | |
| V | A | -3.89% | |
| MDT | D | -3.86% | |
| UNP | C | -3.77% | |
| T | A | -3.64% | |
| LHX | C | -3.59% | |
| EBAY | D | -3.58% | |
| MMM | D | -3.53% | |
| AWK | C | -3.45% | |
| BKNG | A | -3.37% | |
| RIO | D | -3.28% | |
| MSCI | C | -3.15% | |
| SPGI | C | -2.92% | |
| PCH | F | -2.79% | |
| DE | B | -2.68% | |
| SHAK | C | --1.21% | |
| DKS | D | --1.21% | |
| BURL | B | --1.26% | |
| SITE | F | --1.27% | |
| RBLX | C | --1.29% | |
| EQIX | A | --1.38% | |
| TSLA | B | --1.45% | |
| EVR | B | --1.46% | |
| SF | B | --1.48% | |
| LLY | F | --1.48% | |
| DKNG | B | --1.49% | |
| DLR | B | --1.51% | |
| CVNA | B | --1.53% | |
| AAPL | C | --1.53% | |
| DAL | B | --1.53% | |
| TOL | B | --1.54% | |
| PLNT | A | --1.54% | |
| AVGO | D | --1.54% | |
| SQ | A | --1.56% | |
| VRT | B | --1.63% | |
| OLLI | D | --1.69% | |
| DUOL | A | --1.85% |
FXZ: Top Represented Industries & Keywords
LBAY: Top Represented Industries & Keywords
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