LBAY vs. IAK ETF Comparison
Comparison of Leatherback Long/Short Alternative Yield ETF (LBAY) to iShares U.S. Insurance ETF (IAK)
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
$26.58
Average Daily Volume
4,202
52
IAK
iShares U.S. Insurance ETF
IAK Description
The investment seeks to track the investment results of an index composed of U.S. equities in the insurance sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Insurance Index (the "underlying index"), which measures the performance of the insurance sector of the U.S. equity market. The underlying index may include large-, mid- or small-capitalization companies, and components primarily include financial and insurance companies. The fund is non-diversified.Grade (RS Rating)
Last Trade
$112.88
Average Daily Volume
81,988
55
Performance
| Period | LBAY | IAK |
|---|---|---|
| 30 Days | -1.51% | -2.96% |
| 60 Days | 2.36% | 2.35% |
| 90 Days | 3.40% | 6.57% |
| 12 Months | 1.05% | 35.41% |
1 Overlapping Holdings
| Symbol | Grade | Weight in LBAY | Weight in IAK | Overlap | |
|---|---|---|---|---|---|
| ORI | A | 4.63% | 1.04% | 1.04% |
LBAY Overweight 51 Positions Relative to IAK
| Symbol | Grade | Weight | |
|---|---|---|---|
| FIS | C | 5.58% | |
| XOM | B | 5.54% | |
| BG | C | 5.18% | |
| V | D | 4.98% | |
| ZBH | D | 4.71% | |
| ABBV | D | 4.51% | |
| ICE | D | 4.19% | |
| AGNC | B | 4.09% | |
| NEM | B | 4.06% | |
| PKG | C | 4.04% | |
| WM | C | 3.88% | |
| AWK | B | 3.87% | |
| GEHC | D | 3.81% | |
| CMCSA | F | 3.7% | |
| MDT | C | 3.69% | |
| LHX | A | 3.68% | |
| APD | C | 3.64% | |
| DIS | C | 3.53% | |
| UNP | C | 3.52% | |
| DPZ | B | 3.06% | |
| LW | D | 3.04% | |
| JNJ | F | 2.96% | |
| KDP | A | 2.77% | |
| CARR | A | 2.77% | |
| MMM | A | 2.74% | |
| PCH | D | 2.74% | |
| KO | A | 2.7% | |
| MTN | F | 2.61% | |
| RIO | A | 2.56% | |
| SPGI | C | 2.36% | |
| SOLV | C | 1.93% | |
| BURL | D | -0.83% | |
| DKS | B | -1.02% | |
| FIX | C | -1.05% | |
| FIVE | F | -1.14% | |
| PLD | D | -1.17% | |
| VRT | A | -1.35% | |
| PLNT | F | -1.43% | |
| SITE | F | -1.43% | |
| AAPL | C | -1.43% | |
| EQIX | F | -1.52% | |
| OLLI | C | -1.54% | |
| SQ | D | -1.56% | |
| RCL | A | -1.6% | |
| BLK | D | -1.63% | |
| DLR | B | -1.63% | |
| TSLA | D | -1.83% | |
| CMG | A | -1.89% | |
| DASH | D | -1.96% | |
| SF | A | -1.97% | |
| AVGO | D | -1.99% |
LBAY Underweight 54 Positions Relative to IAK
| Symbol | Grade | Weight | |
|---|---|---|---|
| PGR | B | -15.28% | |
| CB | C | -12.63% | |
| AIG | A | -6.63% | |
| TRV | C | -6.07% | |
| MET | D | -5.35% | |
| ALL | B | -4.92% | |
| AFL | B | -4.62% | |
| ACGL | A | -4.58% | |
| PRU | C | -4.57% | |
| HIG | D | -3.83% | |
| MKL | A | -2.53% | |
| CINF | D | -2.41% | |
| PFG | C | -2.31% | |
| WRB | D | -2.07% | |
| L | A | -1.82% | |
| FNF | A | -1.61% | |
| ERIE | C | -1.27% | |
| AIZ | C | -1.2% | |
| UNM | A | -1.15% | |
| AFG | D | -1.12% | |
| KNSL | F | -1.07% | |
| PRI | D | -0.99% | |
| GL | F | -0.87% | |
| SIGI | F | -0.83% | |
| RLI | D | -0.77% | |
| FAF | F | -0.74% | |
| AXS | B | -0.65% | |
| THG | A | -0.62% | |
| WTM | A | -0.61% | |
| AGO | D | -0.57% | |
| LNC | D | -0.48% | |
| AEL | A | -0.48% | |
| KMPR | B | -0.48% | |
| BHF | C | -0.43% | |
| CNO | A | -0.39% | |
| OSCR | A | -0.34% | |
| PLMR | B | -0.27% | |
| GNW | C | -0.22% | |
| STC | A | -0.21% | |
| MCY | A | -0.2% | |
| HMN | A | -0.19% | |
| CNA | B | -0.17% | |
| SKWD | B | -0.16% | |
| LMND | B | -0.16% | |
| NWLI | A | -0.15% | |
| AMSF | F | -0.13% | |
| TRUP | F | -0.12% | |
| SAFT | C | -0.11% | |
| AMBC | D | -0.1% | |
| PRA | C | -0.09% | |
| EIG | D | -0.09% | |
| UFCS | B | -0.08% | |
| JRVR | D | -0.05% | |
| MBI | D | -0.05% |
LBAY: Top Represented Industries & Keywords
IAK: Top Represented Industries & Keywords
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