LBAY vs. XHB ETF Comparison

Comparison of Leatherback Long/Short Alternative Yield ETF (LBAY) to SPDR Homebuilders ETF (XHB)

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 ^*

* may have additional holdings in another (foreign) market

XHB

SPDR Homebuilders ETF

XHB Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the homebuilding segment of a U.S. total market composite index. In seeking to track the performance of the S&P Homebuilders Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the homebuilders industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$103.72

Average Daily Volume

2,524,941

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LBAY	XHB
30 Days	-2.22%	-6.26%
60 Days	1.50%	2.30%
90 Days	2.12%	9.70%
12 Months	-2.40%	49.65%

1 Overlapping Holdings

	Symbol	Grade	Weight in LBAY	Weight in XHB	Overlap
	CARR	A	2.57%	3.46%	2.57%

LBAY Overweight 50 Positions Relative to XHB

Symbol	Grade	Weight
FIS	B	5.67%
XOM	B	5.49%
BG	B	5.24%
V	C	4.97%
ZBH	F	4.86%
ORI	A	4.52%
ABBV	D	4.43%
PKG	D	4.29%
AGNC	C	4.18%
ICE	C	4.18%
CMCSA	F	3.87%
GEHC	C	3.85%
WM	B	3.79%
MDT	D	3.74%
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%
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 33 Positions Relative to XHB

Symbol	Grade	Weight
WSM	B	-4.48%
CSL	A	-3.9%
JCI	A	-3.89%
OC	A	-3.85%
TT	A	-3.83%
NVR	D	-3.78%
LII	B	-3.67%
BLD	C	-3.6%
ALLE	D	-3.59%
DHI	D	-3.57%
LOW	C	-3.56%
PHM	B	-3.54%
TOL	B	-3.53%
MAS	D	-3.53%
AOS	B	-3.52%
LEN	C	-3.5%
BLDR	C	-3.43%
TPX	C	-3.4%
HD	C	-3.36%
FND	C	-3.32%
TREX	C	-3.07%
WMS	C	-2.82%
MDC	A	-2.6%
IBP	B	-2.1%
TMHC	B	-1.91%
MHO	C	-1.54%
TPH	A	-1.27%
CVCO	C	-1.09%
CCS	D	-0.91%
SKY	C	-0.88%
LGIH	D	-0.88%
GRBK	C	-0.7%
DFH	C	-0.5%