LBAYLeatherback Long/Short Alternative Yield ETF

Diversifier5y track recordRanked #201 of 240 in this goal

Seeks capital appreciation and income.

By Leatherback · Launched 2020

Annual Cost

1.20%

#5,234 of 5,562 · expensive

Fund Size

$18M

#4,438 of 5,562 · small

Return (1Y)Goal

+4.6%

Track Record

5 years

#2,234 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,568+5.7%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Long short

Focus

ESG

What it actually holds

By weight

Concentration

Top 10 holdings = 49.6% of fundmoderately concentrated

Mount Vernon Liquid Assets Portfolio, LLC

5.9%

Newmont Corp

5.5%

Vail Resorts Inc

5.3%

Avista Corp

5.3%

Old Republic International Cor

5.0%

AGNC INVESTMENT CORP

4.7%

Amrize Ltd

4.6%

Altria Group Inc

4.5%

Global Payments Inc

4.4%

PG&E Corp

4.3%

Asset allocation

Stocks

80.5%

Cash

16.7%

Preferred

9.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

15.6%Moderate

Year-on-year price swings

Max drawdown

-16.0%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

-0.00Below average

Sortino (3Y)

-0.00Moderate downside risk

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks capital appreciation and income.
Strategy: Actively managed ETF that invests primarily in long positions in securities with sustainable shareholder yield and short positions in expected declining securities. Targets net exposure of 75%-110% long, focusing on income-producing alternatives to traditional debt.
Inception date: November 16, 2020
Fund family: Leatherback