LDSF vs. LBAY ETF Comparison
Comparison of First Trust Low Duration Strategic Focus ETF (LDSF) to Leatherback Long/Short Alternative Yield ETF (LBAY)
LDSF
First Trust Low Duration Strategic Focus ETF
LDSF Description
The investment seeks to generate current income, with a secondary objective of preservation of capital. Under normal market conditions, the fund seeks to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in a portfolio of U.S.-listed exchange-traded funds ("ETFs") that principally invest in income-generating securities that provide it with a duration of three years or less. A significant portion of the ETFs in which the fund invests may be advised by First Trust. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$18.51
Average Daily Volume
30,481
6
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
$26.53
Average Daily Volume
4,788
51
Performance
Period | LDSF | LBAY |
---|---|---|
30 Days | -0.93% | 0.11% |
60 Days | -0.27% | 1.97% |
90 Days | -0.39% | 3.51% |
12 Months | 3.55% | -2.89% |
0 Overlapping Holdings
Symbol | Grade | Weight in LDSF | Weight in LBAY | Overlap |
---|
LDSF Underweight 51 Positions Relative to LBAY
Symbol | Grade | Weight | |
---|---|---|---|
FIS | B | -5.67% | |
XOM | A | -5.49% | |
BG | B | -5.24% | |
V | C | -4.97% | |
ZBH | D | -4.86% | |
ORI | A | -4.52% | |
ABBV | C | -4.43% | |
PKG | D | -4.29% | |
AGNC | C | -4.18% | |
ICE | C | -4.18% | |
CMCSA | D | -3.87% | |
GEHC | C | -3.85% | |
WM | A | -3.79% | |
MDT | D | -3.74% | |
AWK | C | -3.67% | |
DIS | B | -3.61% | |
NEM | A | -3.6% | |
LHX | C | -3.59% | |
APD | D | -3.57% | |
UNP | D | -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 | D | -2.57% | |
KO | A | -2.57% | |
KDP | A | -2.52% | |
RIO | A | -2.51% | |
SPGI | D | -2.35% | |
SOLV | C | -1.96% | |
BURL | D | --0.85% | |
FIX | A | --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 | C | --1.51% | |
EQIX | D | --1.55% | |
DLR | C | --1.59% | |
SQ | D | --1.59% | |
BLK | C | --1.63% | |
TSLA | D | --1.71% | |
CMG | A | --1.81% | |
SF | A | --1.89% | |
DASH | B | --2.07% | |
AVGO | D | --2.07% |
LDSF: Top Represented Industries & Keywords
LBAY: Top Represented Industries & Keywords