KNCT vs. LBAY ETF Comparison

Comparison of Invesco Next Gen Connectivity ETF (KNCT) to Leatherback Long/Short Alternative Yield ETF (LBAY)

KNCT

Invesco Next Gen Connectivity ETF

KNCT Description

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of securities of companies with significant exposure to technologies or products that contribute to future connectivity through direct revenue. It is non-diversified.

Grade (RS Rating)

Last Trade

$104.50

Average Daily Volume

327

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

$26.61

Average Daily Volume

2,703

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KNCT	LBAY
30 Days	1.16%	-3.39%
60 Days	3.78%	-3.50%
90 Days	4.96%	-2.55%
12 Months	26.69%	5.40%

6 Overlapping Holdings

Symbol	Grade	Weight in KNCT	Weight in LBAY	Overlap
AAPL	C	7.83%	-1.56%	-1.56%
AVGO	D	7.92%	-1.45%	-1.45%
CMCSA	B	2.24%	4.49%	2.24%
DLR	B	1.17%	-1.58%	-1.58%
EQIX	A	1.82%	-1.41%	-1.41%
T	A	3.37%	3.74%	3.37%

KNCT Overweight 54 Positions Relative to LBAY

Symbol	Grade	Weight
CSCO	B	4.16%
QCOM	F	3.89%
VZ	C	3.68%
ACN	C	2.97%
PANW	C	2.74%
TMUS	B	2.5%
ANET	C	2.21%
INTC	D	2.19%
MU	D	1.96%
AMT	D	1.94%
CRWD	B	1.7%
MRVL	B	1.68%
SNPS	B	1.6%
CDNS	B	1.56%
MSI	B	1.52%
FTNT	C	1.27%
APH	A	1.16%
DDOG	A	0.87%
CHTR	C	0.79%
CCI	D	0.65%
NET	B	0.6%
MCHP	D	0.54%
NTAP	C	0.52%
SBAC	D	0.5%
MDB	C	0.46%
ZS	C	0.43%
KEYS	A	0.39%
NTNX	A	0.37%
ARM	D	0.36%
UMC	F	0.35%
DOCU	A	0.35%
DT	C	0.34%
COHR	B	0.33%
CHKP	D	0.33%
FFIV	B	0.3%
AKAM	D	0.29%
JNPR	F	0.27%
CYBR	B	0.27%
OKTA	C	0.26%
LBRDK	C	0.23%
CIEN	B	0.22%
CACI	D	0.22%
BAH	F	0.22%
WIT	A	0.21%
FYBR	D	0.19%
CHT	D	0.17%
LSCC	D	0.15%
CFLT	B	0.14%
RMBS	C	0.12%
QLYS	C	0.12%
KD	B	0.12%
TENB	C	0.11%
DY	D	0.1%
G	B	0.08%

KNCT Underweight 46 Positions Relative to LBAY

Symbol	Grade	Weight
ORI	A	-4.81%
NEM	D	-4.79%
XOM	B	-4.75%
LW	C	-4.73%
MO	A	-4.71%
BG	F	-4.66%
CVS	D	-4.57%
VTRS	A	-4.53%
FIS	C	-4.4%
ZBH	C	-4.39%
AGNC	D	-4.38%
BERY	B	-4.27%
ICE	C	-4.09%
V	A	-3.87%
MTN	C	-3.86%
MDT	D	-3.7%
UNP	C	-3.67%
AWK	D	-3.6%
EBAY	D	-3.53%
MMM	D	-3.44%
BKNG	A	-3.4%
RIO	D	-3.38%
LHX	C	-3.36%
APD	A	-3.26%
MSCI	C	-3.01%
SPGI	C	-2.89%
DE	A	-2.8%
PCH	D	-2.8%
SHAK	C	--1.13%
DKS	C	--1.19%
SITE	D	--1.24%
RBLX	C	--1.25%
BURL	A	--1.27%
LLY	F	--1.38%
SF	B	--1.46%
EVR	B	--1.46%
TSLA	B	--1.5%
DAL	C	--1.51%
TOL	B	--1.55%
CVNA	B	--1.56%
PLNT	A	--1.56%
DKNG	B	--1.56%
OLLI	D	--1.61%
SQ	B	--1.63%
VRT	B	--1.81%
DUOL	A	--1.9%