TAN vs. LBAY ETF Comparison
Comparison of Invesco Solar ETF (TAN) to Leatherback Long/Short Alternative Yield ETF (LBAY)
TAN
Invesco Solar ETF
TAN Description
The investment seeks to track the investment results (before fees and expenses) of the MAC Global Solar Energy Index. The fund will generally invest at least 90% of its total assets in the securities (including American depositary receipts (?ADRs?)) that comprise the index. Strictly in accordance with its guidelines and mandated procedures, MAC Indexing LLC compiles, maintains, and calculates the index, which is designed to track the global solar energy equity sector. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$34.33
Average Daily Volume
1,192,583
16
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
$26.45
Average Daily Volume
2,577
52
Performance
| Period | TAN | LBAY |
|---|---|---|
| 30 Days | -7.91% | -3.99% |
| 60 Days | -15.57% | -3.40% |
| 90 Days | -18.59% | -2.87% |
| 12 Months | -25.40% | 5.05% |
0 Overlapping Holdings
| Symbol | Grade | Weight in TAN | Weight in LBAY | Overlap |
|---|
TAN Underweight 52 Positions Relative to LBAY
| Symbol | Grade | Weight | |
|---|---|---|---|
| LW | C | -4.96% | |
| XOM | B | -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% | |
| ZBH | C | -4.41% | |
| AGNC | C | -4.41% | |
| CVS | D | -4.36% | |
| BERY | C | -4.14% | |
| ICE | C | -4.08% | |
| MTN | C | -3.91% | |
| V | A | -3.89% | |
| MDT | D | -3.86% | |
| UNP | C | -3.77% | |
| T | A | -3.64% | |
| LHX | C | -3.59% | |
| EBAY | D | -3.58% | |
| MMM | D | -3.53% | |
| AWK | C | -3.45% | |
| BKNG | A | -3.37% | |
| RIO | D | -3.28% | |
| MSCI | C | -3.15% | |
| APD | A | -3.11% | |
| SPGI | C | -2.92% | |
| PCH | F | -2.79% | |
| DE | B | -2.68% | |
| SHAK | C | --1.21% | |
| DKS | D | --1.21% | |
| BURL | B | --1.26% | |
| SITE | F | --1.27% | |
| RBLX | C | --1.29% | |
| EQIX | A | --1.38% | |
| TSLA | B | --1.45% | |
| EVR | B | --1.46% | |
| SF | B | --1.48% | |
| LLY | F | --1.48% | |
| DKNG | B | --1.49% | |
| DLR | B | --1.51% | |
| CVNA | B | --1.53% | |
| AAPL | C | --1.53% | |
| DAL | B | --1.53% | |
| TOL | B | --1.54% | |
| PLNT | A | --1.54% | |
| AVGO | D | --1.54% | |
| SQ | A | --1.56% | |
| VRT | B | --1.63% | |
| OLLI | D | --1.69% | |
| DUOL | A | --1.85% |
TAN: Top Represented Industries & Keywords
LBAY: Top Represented Industries & Keywords
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