LBAY vs. IHI ETF Comparison

Comparison of Leatherback Long/Short Alternative Yield ETF (LBAY) to iShares U.S. Medical Devices ETF (IHI)
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

$26.27

Average Daily Volume

4,731

Number of Holdings *

51

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

iShares U.S. Medical Devices ETF

IHI Description The investment seeks to track the investment results of an index composed of U.S. equities in the medical devices 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 Medical Equipment Index (the "underlying index"), which measures the performance of the medical equipment sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$55.53

Average Daily Volume

1,173,696

Number of Holdings *

52

* may have additional holdings in another (foreign) market
Performance
Period LBAY IHI
30 Days -2.22% -5.09%
60 Days 1.50% -3.12%
90 Days 2.12% 0.80%
12 Months -2.40% -0.61%
3 Overlapping Holdings
Symbol Grade Weight in LBAY Weight in IHI Overlap
GEHC C 3.85% 4.52% 3.85%
MDT D 3.74% 4.98% 3.74%
ZBH F 4.86% 3.25% 3.25%
LBAY Overweight 48 Positions Relative to IHI
Symbol Grade Weight
FIS B 5.67%
XOM B 5.49%
BG B 5.24%
V C 4.97%
ORI A 4.52%
ABBV D 4.43%
PKG D 4.29%
AGNC C 4.18%
ICE C 4.18%
CMCSA F 3.87%
WM B 3.79%
AWK C 3.67%
DIS D 3.61%
NEM A 3.6%
LHX A 3.59%
APD C 3.57%
UNP C 3.38%
DPZ A 3.04%
LANC D 3.02%
MTN F 2.97%
JNJ F 2.95%
PCH F 2.87%
MMM A 2.76%
CARR A 2.57%
KO A 2.57%
KDP A 2.52%
RIO A 2.51%
SPGI C 2.35%
SOLV B 1.96%
BURL C -0.85%
FIX B -1.04%
FIVE F -1.14%
VRT A -1.25%
PLD F -1.32%
AAPL F -1.44%
SITE C -1.46%
PLNT D -1.47%
RCL A -1.49%
OLLI D -1.51%
EQIX F -1.55%
DLR B -1.59%
SQ C -1.59%
BLK C -1.63%
TSLA D -1.71%
CMG A -1.81%
SF A -1.89%
DASH B -2.07%
AVGO B -2.07%
LBAY Underweight 49 Positions Relative to IHI
Symbol Grade Weight
ABT C -16.99%
ISRG C -11.77%
SYK C -10.04%
BSX A -4.76%
BDX F -4.74%
DXCM B -4.66%
EW D -4.64%
IDXX D -4.07%
RMD B -3.43%
BAX C -2.61%
STE D -2.57%
HOLX B -2.3%
SWAV A -1.58%
PODD F -1.51%
TFX F -1.26%
PEN F -1.02%
INSP B -0.88%
MASI B -0.78%
GMED F -0.76%
GKOS A -0.61%
ITGR B -0.51%
NVST D -0.45%
IRTC B -0.45%
AXNX D -0.44%
LIVN B -0.37%
TMDX A -0.36%
ENOV D -0.36%
PRCT A -0.29%
CNMD F -0.29%
NARI F -0.26%
TNDM A -0.26%
QDEL F -0.25%
IART F -0.25%
OMCL D -0.17%
ATEC F -0.16%
LMAT B -0.16%
NVCR F -0.15%
ATRC F -0.14%
AORT A -0.1%
SILK B -0.09%
VREX F -0.09%
SIBN F -0.07%
NVRO F -0.06%
TMCI F -0.06%
OFIX F -0.06%
FNA F -0.05%
SRDX F -0.05%
AXGN F -0.04%
SENS F -0.03%
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