LBAY vs. PBE ETF Comparison
Comparison of Leatherback Long/Short Alternative Yield ETF (LBAY) to PowerShares Dynamic Biotech & Genome (PBE)
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
52
PBE
PowerShares Dynamic Biotech & Genome
PBE Description
The PowerShares Dynamic Biotechnology & Genome Portfolio (Fund) is based on the Dynamic Biotech & Genome IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 30 US biotechnology and genome companies. These are companies that are principally engaged in the research, development, manufacture and marketing and distribution of various biotechnological products, services and processes and companies that benefit significantly from scientific and technological advances biotechnology and genetic engineering and reseach. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.Grade (RS Rating)
Last Trade
$68.56
Average Daily Volume
6,451
30
Performance
| Period | LBAY | PBE |
|---|---|---|
| 30 Days | -3.99% | 0.09% |
| 60 Days | -3.40% | -3.92% |
| 90 Days | -2.87% | -3.91% |
| 12 Months | 5.05% | 20.96% |
0 Overlapping Holdings
| Symbol | Grade | Weight in LBAY | Weight in PBE | Overlap |
|---|
LBAY Overweight 52 Positions Relative to PBE
| 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% | |
| DE | B | 2.68% | |
| SHAK | C | -1.21% | |
| DKS | D | -1.21% | |
| BURL | B | -1.26% | |
| SITE | F | -1.27% | |
| RBLX | C | -1.29% | |
| EQIX | A | -1.38% | |
| TSLA | B | -1.45% | |
| 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 30 Positions Relative to PBE
| Symbol | Grade | Weight | |
|---|---|---|---|
| UTHR | C | -5.74% | |
| ILMN | C | -5.64% | |
| ALNY | D | -4.78% | |
| AMGN | F | -4.7% | |
| BIIB | F | -4.21% | |
| NBIX | C | -4.18% | |
| XNCR | B | -3.88% | |
| EXEL | B | -3.86% | |
| TGTX | B | -3.78% | |
| BMRN | F | -3.76% | |
| MNKD | C | -3.7% | |
| NTRA | A | -3.56% | |
| REGN | F | -3.38% | |
| INCY | C | -3.35% | |
| VCYT | B | -3.28% | |
| ACAD | C | -3.06% | |
| CPRX | C | -3.0% | |
| BPMC | B | -2.91% | |
| TECH | F | -2.89% | |
| VCEL | B | -2.79% | |
| OPK | C | -2.78% | |
| RGEN | D | -2.76% | |
| PTGX | D | -2.75% | |
| QGEN | D | -2.59% | |
| BCRX | D | -2.56% | |
| HALO | F | -2.42% | |
| COLL | F | -2.27% | |
| CDNA | D | -1.92% | |
| NVAX | F | -1.83% | |
| MYGN | F | -1.61% |
LBAY: Top Represented Industries & Keywords
PBE: Top Represented Industries & Keywords
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