XLI vs. LBAY ETF Comparison

Comparison of SPDR Select Sector Fund - Industrial (XLI) to Leatherback Long/Short Alternative Yield ETF (LBAY)

XLI

SPDR Select Sector Fund - Industrial

XLI Description

The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Industrial Select Sector Index. The fund invests at least 95% of its assets in the securities comprising the index. The index includes companies from the following industries: aerospace & defense; industrial conglomerates; machinery; road & rail; air freight & logistics; commercial services & supplies; professional services; electrical equipment; construction & engineering; trading companies & distributors; airlines; and building products. It is non-diversified.

Grade (RS Rating)

Last Trade

$142.65

Average Daily Volume

7,570,021

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

$26.54

Average Daily Volume

2,703

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XLI	LBAY
30 Days	4.35%	-3.39%
60 Days	6.74%	-3.50%
90 Days	10.70%	-2.55%
12 Months	36.54%	5.40%

5 Overlapping Holdings

Symbol	Grade	Weight in XLI	Weight in LBAY	Overlap
DAL	C	0.97%	-1.51%	-1.51%
DE	A	2.36%	2.8%	2.36%
LHX	C	1.1%	3.36%	1.1%
MMM	D	1.69%	3.44%	1.69%
UNP	C	3.34%	3.67%	3.34%

XLI Overweight 72 Positions Relative to LBAY

Symbol	Grade	Weight
GE	D	4.5%
CAT	B	4.37%
RTX	C	3.68%
UBER	D	3.5%
HON	B	3.5%
ETN	A	3.35%
ADP	B	2.87%
LMT	D	2.66%
BA	F	2.35%
UPS	C	2.26%
TT	A	2.16%
GEV	B	2.09%
PH	A	2.09%
WM	A	1.89%
GD	F	1.76%
CTAS	B	1.73%
EMR	A	1.72%
ITW	B	1.7%
TDG	D	1.66%
CSX	B	1.61%
NOC	D	1.6%
FDX	B	1.53%
CARR	D	1.47%
PCAR	B	1.4%
NSC	B	1.39%
URI	B	1.32%
JCI	C	1.32%
GWW	B	1.22%
CPRT	A	1.17%
CMI	A	1.16%
PWR	A	1.11%
FAST	B	1.1%
PAYX	C	1.09%
HWM	A	1.08%
AME	A	1.04%
AXON	A	1.01%
RSG	A	1.0%
ODFL	B	0.98%
IR	B	0.97%
VRSK	A	0.95%
OTIS	C	0.93%
WAB	B	0.8%
EFX	F	0.76%
ROK	B	0.76%
UAL	A	0.7%
XYL	D	0.69%
DOV	A	0.65%
FTV	C	0.62%
BR	A	0.62%
VLTO	D	0.59%
HUBB	B	0.55%
LDOS	C	0.53%
BLDR	D	0.49%
LUV	C	0.45%
SNA	A	0.44%
PNR	A	0.41%
J	F	0.41%
EXPD	D	0.4%
MAS	D	0.4%
IEX	B	0.4%
TXT	D	0.38%
JBHT	C	0.35%
NDSN	B	0.33%
ROL	B	0.33%
CHRW	C	0.31%
SWK	D	0.31%
ALLE	D	0.29%
DAY	B	0.28%
GNRC	B	0.26%
PAYC	B	0.25%
AOS	F	0.2%
HII	D	0.18%

XLI Underweight 47 Positions Relative to LBAY

Symbol	Grade	Weight
ORI	A	-4.81%
NEM	D	-4.79%
XOM	B	-4.75%
LW	C	-4.73%
MO	A	-4.71%
BG	F	-4.66%
CVS	D	-4.57%
VTRS	A	-4.53%
CMCSA	B	-4.49%
FIS	C	-4.4%
ZBH	C	-4.39%
AGNC	D	-4.38%
BERY	B	-4.27%
ICE	C	-4.09%
V	A	-3.87%
MTN	C	-3.86%
T	A	-3.74%
MDT	D	-3.7%
AWK	D	-3.6%
EBAY	D	-3.53%
BKNG	A	-3.4%
RIO	D	-3.38%
APD	A	-3.26%
MSCI	C	-3.01%
SPGI	C	-2.89%
PCH	D	-2.8%
SHAK	C	--1.13%
DKS	C	--1.19%
SITE	D	--1.24%
RBLX	C	--1.25%
BURL	A	--1.27%
LLY	F	--1.38%
EQIX	A	--1.41%
AVGO	D	--1.45%
SF	B	--1.46%
EVR	B	--1.46%
TSLA	B	--1.5%
TOL	B	--1.55%
CVNA	B	--1.56%
PLNT	A	--1.56%
DKNG	B	--1.56%
AAPL	C	--1.56%
DLR	B	--1.58%
OLLI	D	--1.61%
SQ	B	--1.63%
VRT	B	--1.81%
DUOL	A	--1.9%