LBAY vs. JETS ETF Comparison

Comparison of Leatherback Long/Short Alternative Yield ETF (LBAY) to U.S. Global Jets ETF (JETS)
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

$26.28

Average Daily Volume

2,775

Number of Holdings *

52

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

U.S. Global Jets ETF

JETS Description The investment seeks to track the performance, before fees and expenses, of the U.S. Global Jets Index. The fund invests at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) in the component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is composed of the common stock of U.S. and international passenger airlines, aircraft manufacturers, airports, and terminal services companies listed on well-developed securities exchanges across the globe. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.49

Average Daily Volume

2,690,045

Number of Holdings *

23

* may have additional holdings in another (foreign) market
Performance
Period LBAY JETS
30 Days -5.60% 10.32%
60 Days -5.78% 26.83%
90 Days -1.88% 38.52%
12 Months 5.39% 48.97%
2 Overlapping Holdings
Symbol Grade Weight in LBAY Weight in JETS Overlap
BKNG A 3.37% 2.05% 2.05%
DAL A -1.53% 11.16% -1.53%
LBAY Overweight 50 Positions Relative to JETS
Symbol Grade Weight
LW C 4.96%
XOM B 4.78%
ORI A 4.77%
MO A 4.64%
NEM F 4.59%
BG D 4.57%
CMCSA B 4.57%
FIS B 4.54%
VTRS A 4.48%
ZBH C 4.41%
AGNC C 4.41%
CVS F 4.36%
BERY D 4.14%
ICE D 4.08%
MTN C 3.91%
V A 3.89%
MDT D 3.86%
UNP D 3.77%
T A 3.64%
LHX B 3.59%
EBAY D 3.58%
MMM D 3.53%
AWK C 3.45%
RIO F 3.28%
MSCI A 3.15%
APD A 3.11%
SPGI C 2.92%
PCH D 2.79%
DE D 2.68%
SHAK B -1.21%
DKS D -1.21%
BURL C -1.26%
SITE D -1.27%
RBLX B -1.29%
EQIX B -1.38%
TSLA B -1.45%
EVR A -1.46%
SF A -1.48%
LLY F -1.48%
DKNG B -1.49%
DLR A -1.51%
CVNA A -1.53%
AAPL C -1.53%
TOL B -1.54%
PLNT A -1.54%
AVGO C -1.54%
SQ A -1.56%
VRT A -1.63%
OLLI D -1.69%
DUOL B -1.85%
LBAY Underweight 21 Positions Relative to JETS
Symbol Grade Weight
UAL A -13.94%
AAL B -9.62%
LUV A -8.29%
ALGT A -4.21%
ULCC B -3.84%
SKYW A -3.43%
SNCY B -3.2%
ALK A -2.96%
SAVE F -2.94%
JBLU C -2.48%
ATSG A -2.26%
EXPE A -2.11%
TRIP D -1.64%
GD D -1.59%
TXT D -1.53%
BA F -1.37%
TCOM B -1.04%
MMYT C -0.84%
CPA A -0.43%
ERJ A -0.4%
ASR F -0.36%
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