Leatherback Long/Short Alternative Yield ETF (LBAY)
LBAY is an actively managed ETF by Toroso Investments. LBAY launched on Nov 16, 2020 and has a 1.09% expense ratio.
ETF Info
| Issuer | Toroso Investments |
|---|---|
| Inception Date | Nov 16, 2020 |
| Region | North America (U.S.) |
| Category | Long-Short, Actively Managed |
| Index Tracked | No Index (Active) |
| Home Page | www.leatherbackam.com |
| Asset Class | Alternatives |
Expense Ratio
The Leatherback Long/Short Alternative Yield ETF has a high expense ratio of 1.09%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Leatherback Long/Short Alternative Yield ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Leatherback Long/Short Alternative Yield ETF had a return of 2.10% year-to-date (YTD) and -2.77% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 2.10% | 5.06% |
| 1 month | -0.55% | -3.23% |
| 6 months | 5.60% | 17.14% |
| 1 year | -2.77% | 20.62% |
| 5 years (annualized) | N/A | 11.54% |
| 10 years (annualized) | N/A | 10.37% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.37% | 1.04% | 4.43% | |||||||||
| 2023 | -1.47% | -3.14% | 3.17% | 1.70% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Leatherback Long/Short Alternative Yield ETF(LBAY)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Leatherback Long/Short Alternative Yield ETF (LBAY) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Leatherback Long/Short Alternative Yield ETF granted a 3.44% dividend yield in the last twelve months. The annual payout for that period amounted to $0.91 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Dividend | $0.91 | $0.90 | $0.81 | $0.73 | $0.06 |
Dividend yield | 3.44% | 3.47% | 2.74% | 2.96% | 0.29% |
Monthly Dividends
The table displays the monthly dividend distributions for Leatherback Long/Short Alternative Yield ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.08 | $0.08 | $0.08 | |||||||||
| 2023 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 |
| 2022 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.08 | $0.08 |
| 2021 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.07 | $0.07 |
| 2020 | $0.06 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Leatherback Long/Short Alternative Yield ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Leatherback Long/Short Alternative Yield ETF was 15.99%, occurring on Oct 27, 2023. The portfolio has not yet recovered.
The current Leatherback Long/Short Alternative Yield ETF drawdown is 8.73%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.99% | Jan 9, 2023 | 203 | Oct 27, 2023 | — | — | — |
| -12.95% | Jun 8, 2022 | 77 | Sep 27, 2022 | 40 | Nov 22, 2022 | 117 |
| -10.45% | May 18, 2021 | 43 | Jul 19, 2021 | 118 | Jan 4, 2022 | 161 |
| -5.77% | Apr 21, 2022 | 8 | May 2, 2022 | 16 | May 24, 2022 | 24 |
| -5.34% | Jan 15, 2021 | 10 | Jan 29, 2021 | 15 | Feb 22, 2021 | 25 |
Volatility
Volatility Chart
The current Leatherback Long/Short Alternative Yield ETF volatility is 2.61%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.