AUM $18.2MER 1.27%NAV $26.99Holdings —Inception Nov 2020
Price Chart
Key Statistics
Previous Close
$27.53Day Range
N/A52-Week Range
$23.54$28.81
Avg Volume
1.1KDividend Yield
3.45%Expense Ratio
1.27%AUM
$18.2MShares Outstanding
662.3KETF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Sector Breakdown
| Sector | Weight % |
|---|---|
| Basic Materials | 23.21% |
| Financial Services | 22.80% |
| Consumer Defensive | 10.58% |
| Technology | 8.50% |
| Utilities | 7.46% |
| Industrials | 6.49% |
| Energy | 6.10% |
| Healthcare | 5.02% |
| Communication Services | 3.84% |
| Consumer Cyclical | 3.46% |
| Real Estate | 2.53% |
| Cash & Others | 0.01% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 74.04% |
| Canada | 10.32% |
| Other | 9.87% |
| Australia | 3.72% |
| Switzerland | 3.40% |
Fund Information
- Issuer
- Leatherback
- Category
- Basic Materials
- Inception Date
- Nov 17, 2020
- Exchange
- NYSE_ARCA
- Description
- 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.
Similar ETFs
The Leatherback Long/Short Alternative Yield ETF (LBAY) is an exchange-traded fund issued by Leatherback that launched on Nov 17, 2020. It currently manages $18.2M in assets under management. The fund charges an expense ratio of 1.27%. It falls under the Basic Materials category.
Top 10 holdings represent 56.7% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | First American Government Obligations Fund 12/01/2031 | 13.43% | 2,446,941 | $2.4M |
| 2 | HL | Hecla Mining Co | 5.81% | 52,881 | $1.1M |
| 3 | B | Barrick Mining Corp | 5.28% | 22,109 | $961K |
| 4 | WTRG | Essential Utilities Inc | 4.95% | 21,556 | $901K |
| 5 | AGI | Alamos Gold Inc | 4.92% | 25,107 | $896K |
| 6 | V | Visa Inc | 4.70% | 2,329 | $855K |
| 7 | ORI | Old Republic International Corp | 4.50% | 20,065 | $819K |
| 8 | AGNCP | AGNC Investment Corp 6.125% 10/15/2174 | 4.38% | 31,383 | $799K |
| 9 | CMCSA | Comcast Corp | 4.37% | 31,608 | $796K |
| 10 | KDP | Keurig Dr Pepper Inc | 4.34% | 25,144 | $791K |
| 11 | XOM | ExxonMobil Holdings Corp | 4.34% | 4,782 | $790K |
| 12 | NEM | Newmont Corp | 4.26% | 6,151 | $776K |
| 13 | EPR-PC | EPR Properties 5.75% 07/15/2175 | 4.22% | 29,180 | $768K |
| 14 | AVA | Avista Corp | 4.10% | 20,129 | $747K |
| 15 | MTN | Vail Resorts Inc | 4.06% | 5,543 | $739K |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | — | |
| 1W | -1.86% | |
| 1M | +2.05% | |
| 3M | +6.94% | |
| 6M | +1.04% | |
| YTD | +11.61% | |
| 1Y | +7.00% | |
| 3Y | +2.48% | |
| 5Y | +15.70% |
Moving Averages
20-Day MA
$27.54
Below 20-Day MA50-Day MA
$26.67
Above 50-Day MA200-Day MA
$26.12
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$28.81
Current Price
$27.11
52-Week Low
$23.54
$23.54$28.81
Current Yield
3.45%
Annual Dividend
$0.3400
Frequency
Monthlyx/year
Last Ex-Date
May 28, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| May 28, 2026 | $0.0850 | May 29, 2026 |
| Apr 28, 2026 | $0.0850 | Apr 29, 2026 |
| Mar 26, 2026 | $0.0850 | Mar 27, 2026 |
| Feb 24, 2026 | $0.0850 | Feb 25, 2026 |
| Jan 27, 2026 | $0.0850 | Jan 29, 2026 |
| Dec 26, 2025 | $0.0850 | Dec 29, 2025 |
| Nov 25, 2025 | $0.0760 | Nov 26, 2025 |
| Oct 27, 2025 | $0.0760 | Oct 28, 2025 |
| Sep 25, 2025 | $0.0760 | Sep 26, 2025 |
| Aug 26, 2025 | $0.0760 | Aug 27, 2025 |
| Jul 25, 2025 | $0.0760 | Jul 28, 2025 |
| Jun 25, 2025 | $0.0760 | Jun 26, 2025 |
| May 28, 2025 | $0.0760 | May 29, 2025 |
| Apr 24, 2025 | $0.0760 | Apr 25, 2025 |
| Mar 25, 2025 | $0.0760 | Mar 26, 2025 |
| Feb 27, 2025 | $0.0760 | Feb 28, 2025 |
| Jan 27, 2025 | $0.0760 | Jan 31, 2025 |
| Dec 27, 2024 | $0.0760 | Dec 31, 2024 |
| Nov 26, 2024 | $0.0760 | Nov 29, 2024 |
| Oct 28, 2024 | $0.0760 | Oct 30, 2024 |
Dividend Payments Over Time
Category Comparison
| Metric | LBAY | Basic Materials(116 ETFs) | Dividend(334 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 1.27% | 0.62% | 0.63% |
| AUM | $18.2M | $1.43B | $2.47B |
| Dividend Yield | 3.45% | 3.50% | 4.42% |
| Avg Volume | 1.1K | 599.8K | 184.8K |
| Holdings | — | 109 | 164 |
| Performance | |||
| 1-Month Return | +1.68% | +1.04% | -1.81% |
| 6-Month Return | +4.02% | -1.60% | +3.98% |
| YTD Return | +11.33% | +10.13% | +10.42% |
| 1-Year Return | +9.81% | +13.21% | +10.78% |
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