LBAY vs. FBOT ETF Comparison

Comparison of Leatherback Long/Short Alternative Yield ETF (LBAY) to Fidelity Disruptive Automation ETF (FBOT)
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

Number of Holdings *

52

* may have additional holdings in another (foreign) market
FBOT

Fidelity Disruptive Automation ETF

FBOT Description The fund normally invests at least 80% of assets in securities of disruptive automation companies. Fidelity's disruptive strategies seek to identify innovative developments that could signal new directions for delivering products and services to customers. Generally, these companies have or are developing new or unconventional ways of doing business that could disrupt and displace incumbents over time. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.72

Average Daily Volume

9,846

Number of Holdings *

20

* may have additional holdings in another (foreign) market
Performance
Period LBAY FBOT
30 Days -3.99% 1.81%
60 Days -3.40% 6.36%
90 Days -2.87% 4.27%
12 Months 5.05% 17.31%
2 Overlapping Holdings
Symbol Grade Weight in LBAY Weight in FBOT Overlap
DE B 2.68% 2.53% 2.53%
TSLA B -1.45% 2.99% -1.45%
LBAY Overweight 50 Positions Relative to FBOT
Symbol Grade Weight
LW C 4.96%
XOM B 4.78%
ORI A 4.77%
MO A 4.64%
NEM D 4.59%
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%
APD A 3.11%
SPGI C 2.92%
PCH F 2.79%
SHAK C -1.21%
DKS D -1.21%
BURL B -1.26%
SITE F -1.27%
RBLX C -1.29%
EQIX A -1.38%
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%
LBAY Underweight 18 Positions Relative to FBOT
Symbol Grade Weight
NVDA B -6.08%
PTC B -5.55%
TER F -3.53%
ACN B -2.9%
ROK C -2.66%
ISRG A -2.58%
SNPS B -2.35%
GOOG C -2.29%
AME A -1.77%
ADSK A -1.57%
CAT B -1.52%
MANH D -1.49%
UBER F -1.43%
MSFT D -1.3%
AMZN C -1.23%
FIVN C -1.12%
TDY B -1.08%
ST F -0.85%
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