LBAY vs. FMAT ETF Comparison
Comparison of Leatherback Long/Short Alternative Yield ETF (LBAY) to Fidelity MSCI Materials Index ETF (FMAT)
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
$27.10
Average Daily Volume
4,353
52
FMAT
Fidelity MSCI Materials Index ETF
FMAT Description
The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Materials Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Materials Index, which represents the performance of the materials sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Materials Index. The fund is non-diversified.Grade (RS Rating)
Last Trade
$51.78
Average Daily Volume
36,465
109
Performance
| Period | LBAY | FMAT |
|---|---|---|
| 30 Days | 3.12% | 2.28% |
| 60 Days | 3.07% | 2.33% |
| 90 Days | 6.94% | 11.24% |
| 12 Months | 3.45% | 20.11% |
LBAY Overweight 49 Positions Relative to FMAT
| Symbol | Grade | Weight | |
|---|---|---|---|
| FIS | A | 5.54% | |
| XOM | B | 5.3% | |
| BG | B | 5.06% | |
| V | C | 4.9% | |
| ORI | A | 4.73% | |
| ZBH | D | 4.71% | |
| ABBV | D | 4.36% | |
| AGNC | A | 4.18% | |
| ICE | D | 4.14% | |
| AWK | B | 4.12% | |
| WM | A | 3.82% | |
| GEHC | D | 3.81% | |
| LHX | A | 3.78% | |
| MDT | C | 3.78% | |
| CMCSA | D | 3.74% | |
| DIS | D | 3.63% | |
| UNP | C | 3.43% | |
| DPZ | C | 3.21% | |
| LW | F | 3.05% | |
| JNJ | D | 2.98% | |
| CARR | B | 2.95% | |
| MMM | B | 2.88% | |
| PCH | D | 2.83% | |
| KDP | A | 2.73% | |
| KO | A | 2.71% | |
| RIO | B | 2.62% | |
| MTN | D | 2.58% | |
| SPGI | B | 2.41% | |
| SOLV | F | 2.01% | |
| BURL | D | -0.87% | |
| DKS | D | -1.02% | |
| FIVE | F | -1.1% | |
| FIX | B | -1.12% | |
| PLD | D | -1.18% | |
| SITE | D | -1.38% | |
| EQIX | D | -1.42% | |
| PLNT | B | -1.44% | |
| VRT | B | -1.45% | |
| AAPL | B | -1.51% | |
| SQ | D | -1.57% | |
| OLLI | D | -1.62% | |
| DLR | B | -1.65% | |
| RCL | B | -1.66% | |
| BLK | D | -1.66% | |
| DASH | D | -1.79% | |
| CMG | A | -1.93% | |
| TSLA | D | -1.98% | |
| AVGO | C | -2.0% | |
| SF | A | -2.08% |
LBAY Underweight 106 Positions Relative to FMAT
| Symbol | Grade | Weight | |
|---|---|---|---|
| LIN | D | -15.66% | |
| SHW | D | -5.86% | |
| FCX | A | -5.41% | |
| ECL | A | -4.52% | |
| NUE | D | -3.15% | |
| DOW | B | -3.11% | |
| CTVA | B | -3.02% | |
| MLM | C | -2.78% | |
| VMC | B | -2.69% | |
| DD | A | -2.54% | |
| PPG | D | -2.38% | |
| LYB | C | -2.0% | |
| IFF | A | -1.87% | |
| BALL | B | -1.66% | |
| STLD | D | -1.52% | |
| AVY | A | -1.37% | |
| RS | D | -1.27% | |
| CE | C | -1.27% | |
| ALB | C | -1.16% | |
| AMCR | A | -1.12% | |
| RPM | C | -1.1% | |
| CF | F | -1.06% | |
| WRK | A | -1.0% | |
| IP | B | -0.97% | |
| EMN | A | -0.9% | |
| CCK | B | -0.77% | |
| ATR | B | -0.75% | |
| MOS | F | -0.73% | |
| EXP | A | -0.7% | |
| CLF | D | -0.66% | |
| X | F | -0.65% | |
| GPK | C | -0.64% | |
| FMC | C | -0.61% | |
| RGLD | B | -0.61% | |
| AXTA | A | -0.6% | |
| ATI | B | -0.58% | |
| BERY | C | -0.54% | |
| OLN | D | -0.51% | |
| CMC | B | -0.49% | |
| AA | A | -0.49% | |
| WLK | B | -0.45% | |
| LPX | A | -0.43% | |
| SON | B | -0.43% | |
| CBT | A | -0.42% | |
| ESI | D | -0.41% | |
| CRS | B | -0.39% | |
| SEE | B | -0.39% | |
| BCPC | B | -0.37% | |
| ASH | A | -0.36% | |
| SUM | D | -0.36% | |
| FUL | C | -0.32% | |
| NEU | D | -0.31% | |
| CC | C | -0.31% | |
| KNF | C | -0.31% | |
| AVNT | B | -0.31% | |
| HUN | D | -0.31% | |
| SLGN | B | -0.3% | |
| AMR | F | -0.26% | |
| HCC | C | -0.25% | |
| IOSP | B | -0.24% | |
| HL | B | -0.22% | |
| SXT | A | -0.21% | |
| ARCH | D | -0.21% | |
| SMG | C | -0.21% | |
| MTX | A | -0.2% | |
| SLVM | A | -0.19% | |
| KWR | D | -0.18% | |
| MP | C | -0.17% | |
| TROX | B | -0.17% | |
| MTRN | D | -0.17% | |
| OI | F | -0.16% | |
| SCL | B | -0.15% | |
| CDE | B | -0.15% | |
| NGVT | B | -0.14% | |
| KALU | A | -0.12% | |
| HWKN | B | -0.12% | |
| GEF | D | -0.12% | |
| ASPN | A | -0.12% | |
| OEC | B | -0.11% | |
| MATV | C | -0.08% | |
| ECVT | F | -0.08% | |
| WS | F | -0.08% | |
| TRS | B | -0.08% | |
| PRM | B | -0.08% | |
| SXC | D | -0.07% | |
| KOP | F | -0.07% | |
| CENX | B | -0.07% | |
| DNA | F | -0.07% | |
| HAYN | D | -0.06% | |
| CLW | A | -0.06% | |
| IE | C | -0.06% | |
| USLM | B | -0.06% | |
| ASIX | F | -0.05% | |
| RYI | F | -0.05% | |
| RDUS | F | -0.04% | |
| CMP | F | -0.04% | |
| PCT | F | -0.04% | |
| ZEUS | F | -0.04% | |
| MYE | F | -0.04% | |
| PTVE | D | -0.04% | |
| LXU | B | -0.03% | |
| MERC | B | -0.03% | |
| PLL | D | -0.02% | |
| GEF | D | -0.02% | |
| KRO | B | -0.02% | |
| PACK | D | -0.02% |
LBAY: Top Represented Industries & Keywords
FMAT: Top Represented Industries & Keywords
Compare ETFs
