GERM vs. LBAY ETF Comparison

Comparison of ETFMG Treatments Testing and Advancements ETF (GERM) to Leatherback Long/Short Alternative Yield ETF (LBAY)

GERM

ETFMG Treatments Testing and Advancements ETF

GERM Description

GERM is designed to give direct exposure to the biotech companies directly engaged in the testing and treatments of infectious diseases. Focused on advancements with targeted exposure to the forefront of R&D, vaccines, therapies and testing technologies.

Grade (RS Rating)

Last Trade

$18.14

Average Daily Volume

1,831

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

$26.38

Average Daily Volume

4,151

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GERM	LBAY
30 Days	1.28%	-2.52%
60 Days	-2.20%	1.70%
90 Days	-2.16%	2.62%
12 Months	-13.89%	-0.45%

2 Overlapping Holdings

	Symbol	Grade	Weight in GERM	Weight in LBAY	Overlap
	ABBV	D	0.87%	4.51%	0.87%
	JNJ	D	0.83%	2.96%	0.83%

GERM Overweight 46 Positions Relative to LBAY

Symbol	Grade	Weight
MRNA	A	7.72%
DGX	A	7.2%
BNTX	D	6.48%
LH	F	6.3%
ALNY	D	6.22%
DVAX	D	3.83%
IMCR	D	3.79%
BIO	F	3.72%
PCVX	C	3.56%
ZLAB	F	3.25%
VIR	F	2.78%
OPK	B	2.44%
BCRX	D	2.23%
ARCT	D	1.85%
FLGT	F	1.58%
SIGA	A	1.58%
HLVX	D	1.56%
NVAX	F	1.49%
CVAC	F	1.44%
ABUS	D	1.18%
OSUR	F	1.04%
AZN	A	1.01%
ALT	D	0.98%
ADPT	F	0.97%
MRK	A	0.91%
PFE	C	0.9%
GSK	B	0.89%
LLY	B	0.88%
SNY	A	0.88%
REGN	C	0.86%
GILD	F	0.85%
ABT	D	0.82%
TAK	F	0.82%
OCGN	B	0.78%
CRMD	A	0.75%
RENB	F	0.73%
ENTA	D	0.7%
XBIT	A	0.63%
VXRT	F	0.31%
EBS	F	0.29%
IFRX	F	0.21%
CMRX	D	0.21%
GRTS	F	0.2%
CVM	F	0.2%
CUE	D	0.16%
VAXX	F	0.04%

GERM Underweight 50 Positions Relative to LBAY

Symbol	Grade	Weight
FIS	D	-5.58%
XOM	B	-5.54%
BG	B	-5.18%
V	C	-4.98%
ZBH	D	-4.71%
ORI	A	-4.63%
ICE	C	-4.19%
AGNC	B	-4.09%
NEM	A	-4.06%
PKG	D	-4.04%
WM	B	-3.88%
AWK	B	-3.87%
GEHC	D	-3.81%
CMCSA	F	-3.7%
MDT	C	-3.69%
LHX	B	-3.68%
APD	C	-3.64%
DIS	D	-3.53%
UNP	C	-3.52%
DPZ	A	-3.06%
LW	F	-3.04%
KDP	A	-2.77%
CARR	A	-2.77%
MMM	A	-2.74%
PCH	F	-2.74%
KO	A	-2.7%
MTN	F	-2.61%
RIO	B	-2.56%
SPGI	C	-2.36%
SOLV	B	-1.93%
BURL	D	--0.83%
DKS	B	--1.02%
FIX	D	--1.05%
FIVE	F	--1.14%
PLD	F	--1.17%
VRT	A	--1.35%
PLNT	F	--1.43%
SITE	F	--1.43%
AAPL	F	--1.43%
EQIX	F	--1.52%
OLLI	D	--1.54%
SQ	D	--1.56%
RCL	A	--1.6%
BLK	D	--1.63%
DLR	D	--1.63%
TSLA	C	--1.83%
CMG	A	--1.89%
DASH	D	--1.96%
SF	A	--1.97%
AVGO	D	--1.99%

GERM: Top Represented Industries & Keywords

Industries: Biotechnology Drug Manufacturers - Major Diagnostics & Research Drug Manufacturers - Specialty & Generic Medical Devices Medical Instruments & Supplies