ONLN vs. LBAY ETF Comparison

Comparison of ProShares Online Retail ETF (ONLN) to Leatherback Long/Short Alternative Yield ETF (LBAY)
ONLN

ProShares Online Retail ETF

ONLN Description

The investment seeks investment results, before fees and expenses, that track the performance of the ProShares Online Retail Index (the index). The fund seeks to invest substantially all of its assets in the stocks that make up the index and generally holds each stock in approximately the same proportion as its weighting in the index. Normally, it will invest at least 80% of its assets in the component securities of the index. The index is designed to measure the performance of publicly traded companies that principally sell online or through other non-store sales channels, rather than through "brick and mortar" store locations. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$44.55

Average Daily Volume

9,957

Number of Holdings *

16

* 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

$26.48

Average Daily Volume

2,775

Number of Holdings *

52

* may have additional holdings in another (foreign) market
Performance
Period ONLN LBAY
30 Days -3.12% -5.60%
60 Days 6.87% -5.78%
90 Days 5.80% -1.88%
12 Months 41.75% 5.39%
2 Overlapping Holdings
Symbol Grade Weight in ONLN Weight in LBAY Overlap
CVNA A 5.24% -1.53% -1.53%
EBAY D 10.15% 3.58% 3.58%
ONLN Overweight 14 Positions Relative to LBAY
Symbol Grade Weight
AMZN B 25.45%
PDD F 7.83%
RVLV A 4.93%
CHWY B 4.87%
BABA D 4.74%
ETSY D 4.23%
CPNG C 4.04%
BKE A 3.96%
W F 3.25%
FIGS F 2.82%
MELI D 2.76%
SE B 2.24%
JD C 2.23%
GLBE B 1.71%
ONLN Underweight 50 Positions Relative to LBAY
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%
MMM D -3.53%
AWK C -3.45%
BKNG A -3.37%
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%
AAPL C --1.53%
DAL A --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%
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