PINK vs. LBAY ETF Comparison

Comparison of Simplify Health Care ETF (PINK) to Leatherback Long/Short Alternative Yield ETF (LBAY)

PINK

Simplify Health Care ETF

PINK Description

Simplify Exchange Traded Funds - Simplify Health Care ETF seeks long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its assets (plus any borrowings for investment purposes) in securities of U.S. health care companies. The fund adviser defines health care companies as companies included in the Global Industry Classification Standard health care sector. The fund will typically invest in 50 – 100 health care companies. The adviser generally seeks investments in companies that are developing new and effective medicines, as well as companies whose business models reduce costs or improve quality in health care systems.

Grade (RS Rating)

Last Trade

$30.99

Average Daily Volume

117,269

Number of Holdings ^*

* 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

$26.27

Average Daily Volume

2,522

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PINK	LBAY
30 Days	-4.65%	-4.84%
60 Days	-6.96%	-4.25%
90 Days	-6.08%	-2.88%
12 Months	24.28%	4.39%

3 Overlapping Holdings

Symbol	Grade	Weight in PINK	Weight in LBAY	Overlap
LLY	F	7.03%	-1.48%	-1.48%
MMM	D	2.24%	3.53%	2.24%
ZBH	C	0.16%	4.41%	0.16%

PINK Overweight 48 Positions Relative to LBAY

Symbol	Grade	Weight
SRPT	F	10.02%
PCT	B	7.0%
UNH	B	4.94%
SNY	F	4.89%
ZTS	D	4.86%
ISRG	A	4.75%
JNJ	D	4.56%
REGN	F	4.19%
ABBV	F	3.88%
TMO	D	3.54%
GILD	B	3.35%
CI	D	3.01%
CHWY	B	2.24%
TNDM	D	2.02%
TFX	F	2.0%
MYGN	F	1.98%
ELV	F	1.89%
RVTY	D	1.29%
RPRX	D	1.11%
TUA	D	1.05%
IQV	F	0.95%
ITCI	B	0.94%
AVTR	F	0.91%
EXAS	D	0.83%
ABT	B	0.67%
AKRO	C	0.66%
ARGX	A	0.55%
THC	C	0.54%
FULC	F	0.52%
HCA	F	0.4%
ESTA	D	0.39%
SNDX	F	0.34%
LIVN	D	0.31%
AGL	F	0.28%
VEEV	C	0.28%
SYK	A	0.27%
BMRN	F	0.25%
TECH	F	0.25%
DHR	D	0.24%
BIIB	F	0.19%
HSIC	C	0.18%
BSX	A	0.04%
VLTO	C	0.03%
INSM	C	0.02%
BMY	B	0.02%
MASI	B	0.01%
EMBC	C	0.01%
MRK	F	0.0%

PINK Underweight 49 Positions Relative to LBAY

Symbol	Grade	Weight
LW	C	-4.96%
XOM	A	-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%
AGNC	C	-4.41%
CVS	D	-4.36%
BERY	C	-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%
EBAY	D	-3.58%
AWK	C	-3.45%
BKNG	A	-3.37%
RIO	D	-3.28%
MSCI	C	-3.15%
APD	A	-3.11%
SPGI	D	-2.92%
PCH	D	-2.79%
DE	C	-2.68%
SHAK	C	--1.21%
DKS	D	--1.21%
BURL	B	--1.26%
SITE	F	--1.27%
RBLX	B	--1.29%
EQIX	A	--1.38%
TSLA	B	--1.45%
EVR	B	--1.46%
SF	B	--1.48%
DKNG	B	--1.49%
DLR	A	--1.51%
CVNA	B	--1.53%
AAPL	C	--1.53%
DAL	A	--1.53%
TOL	B	--1.54%
PLNT	A	--1.54%
AVGO	D	--1.54%
SQ	A	--1.56%
VRT	A	--1.63%
OLLI	D	--1.69%
DUOL	A	--1.85%