MNTL vs. LBAY ETF Comparison

Comparison of Tema Neuroscience and Mental Health ETF (MNTL) to Leatherback Long/Short Alternative Yield ETF (LBAY)
MNTL

Tema Neuroscience and Mental Health ETF

MNTL Description

Under normal circumstances, the Tema Neuroscience and Mental Health ETF seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in neuroscience and mental health companies. A company is generally considered to be a neuroscience or mental health company that derives at least 50% of revenues from neuroscience or neurology-related diseases, or mental health. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.72

Average Daily Volume

368

Number of Holdings *

10

* may have additional holdings in another (foreign) market
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

$26.30

Average Daily Volume

4,163

Number of Holdings *

52

* may have additional holdings in another (foreign) market
Performance
Period MNTL LBAY
30 Days -4.90% -2.55%
60 Days -7.13% 1.40%
90 Days -3.12% 1.19%
12 Months -1.23%
0 Overlapping Holdings
Symbol Grade Weight in MNTL Weight in LBAY Overlap
MNTL Overweight 10 Positions Relative to LBAY
Symbol Grade Weight
LLY B 4.77%
VRTX C 4.62%
REGN C 4.43%
NBIX A 4.27%
DNLI D 3.87%
SYK D 3.84%
BIIB C 3.72%
DXCM D 3.67%
ARGX D 3.57%
CRNX A 3.18%
MNTL Underweight 52 Positions Relative to LBAY
Symbol Grade Weight
FIS D -5.58%
XOM B -5.54%
BG B -5.18%
V C -4.98%
ZBH D -4.71%
ORI A -4.63%
ABBV D -4.51%
ICE C -4.19%
AGNC B -4.09%
NEM A -4.06%
PKG D -4.04%
WM B -3.88%
AWK B -3.87%
GEHC D -3.81%
CMCSA F -3.7%
MDT C -3.69%
LHX B -3.68%
APD C -3.64%
DIS D -3.53%
UNP C -3.52%
DPZ A -3.06%
LW F -3.04%
JNJ D -2.96%
KDP A -2.77%
CARR A -2.77%
MMM A -2.74%
PCH F -2.74%
KO A -2.7%
MTN F -2.61%
RIO B -2.56%
SPGI C -2.36%
SOLV B -1.93%
BURL D --0.83%
DKS B --1.02%
FIX D --1.05%
FIVE F --1.14%
PLD F --1.17%
VRT A --1.35%
PLNT F --1.43%
SITE F --1.43%
AAPL F --1.43%
EQIX F --1.52%
OLLI D --1.54%
SQ D --1.56%
RCL A --1.6%
BLK D --1.63%
DLR D --1.63%
TSLA C --1.83%
CMG A --1.89%
DASH D --1.96%
SF A --1.97%
AVGO D --1.99%
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