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LBAY - Leatherback Long/Short Alternative Yield ETF

Expense Ratio: 1.24%

LBAY ETF Stock Chart

LBAY Profile

Leatherback Long/Short Alternative Yield ETF logo

The LBAY ETF, or the Leatherback Long/Short Alternative Yield ETF, is an exchange-traded fund that seeks to provide investors with exposure to a diversified portfolio of long and short positions in US equity and fixed-income securities. The fund uses a quantitative investment approach to select securities based on various factors, including value, momentum, and quality.

As of the most recent report, the fund had total assets under management of approximately $20 million and an expense ratio of 0.96%. The fund's top holdings included companies such as Apple Inc., Microsoft Corporation, and Amazon.com Inc., among others. The fund's portfolio is relatively diversified, with positions in a variety of sectors, including information technology, health care, and consumer discretionary.

In terms of performance, the LBAY ETF has had mixed performance since its inception in June 2021. As of the end of 2021, the fund had a year-to-date return of approximately 2.2%, reflecting the volatility in the US equity and fixed-income markets.

The LBAY ETF offers investors exposure to a diversified portfolio of long and short positions in US equity and fixed-income securities. The fund's quantitative investment approach may be attractive to investors who seek a systematic and disciplined approach to investing. However, investors should be aware of the risks associated with investing in alternative strategies, which may include higher fees, lower liquidity, and greater volatility compared to traditional ETFs. Additionally, the fund's short positions may increase its risk profile and may result in losses if the market moves against the fund's


 

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