TAGS vs. LBAY ETF Comparison
Comparison of Teucrium Agricultural Fund ETV (TAGS) to Leatherback Long/Short Alternative Yield ETF (LBAY)
TAGS
Teucrium Agricultural Fund ETV
TAGS Description
The Teucrium Agricultural Fund (NYSE: TAGS) provides investors exposure to four core agricultural commodities, namely, corn, wheat, soybeans, and sugar, without the need for a futures account. TAGS invests directly in shares of the following four Teucrium Funds: Teucrium Corn Fund, Teucrium Soybean Fund, Teucrium Sugar Fund and Teucrium Wheat Fund (the “Underlying Funds”). The Underlying Funds were designed to reduce the effects of backwardation and contango. The investment objective of the Fund is to have the daily changes in percentage terms of the Shares’ NAV reflect the daily changes in percentage terms of a weighted average (the “Underlying Fund Average”) of the NAVs per share of the Underlying Funds. The Fund seeks to achieve its investment objective by investing under normal market conditions in the publicly-traded shares of each Underlying Fund so that the Underlying Fund Average will have a weighting of 25% to each Underlying Fund, and the Fund’s assets will be rebalanced, generally on a daily basis, to maintain the approximate 25% allocation to each Underlying Fund.
Grade (RS Rating)
Last Trade
$27.60
Average Daily Volume
2,961
4
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
52
Performance
Period | TAGS | LBAY |
---|---|---|
30 Days | -2.44% | -2.55% |
60 Days | 1.74% | 1.40% |
90 Days | -4.76% | 1.19% |
12 Months | -8.70% | -1.23% |
0 Overlapping Holdings
Symbol | Grade | Weight in TAGS | Weight in LBAY | Overlap |
---|
TAGS 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% |
TAGS: Top Represented Industries & Keywords
LBAY: Top Represented Industries & Keywords