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Leatherback Long/Short Alternative Yield ETF (LBAY...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

Issuer

Toroso Investments

Inception Date

Nov 16, 2020

Region

North America (U.S.)

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Alternatives

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
LBAY vs. AMND LBAY vs. FTLS LBAY vs. KMLM LBAY vs. HTUS LBAY vs. ^GSPC LBAY vs. QQQ LBAY vs. SCHD LBAY vs. XYLD LBAY vs. JEPI LBAY vs. VOO
Popular comparisons:
LBAY vs. AMND LBAY vs. FTLS LBAY vs. KMLM LBAY vs. HTUS LBAY vs. ^GSPC LBAY vs. QQQ LBAY vs. SCHD LBAY vs. XYLD LBAY vs. JEPI LBAY vs. VOO

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.


-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
0.57%
12.93%
LBAY (Leatherback Long/Short Alternative Yield ETF)
Benchmark (^GSPC)

Returns By Period

Leatherback Long/Short Alternative Yield ETF had a return of 4.86% year-to-date (YTD) and 7.17% in the last 12 months.


LBAY

YTD

4.86%

1M

-3.99%

6M

0.57%

1Y

7.17%

5Y (annualized)

N/A

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

24.72%

1M

1.67%

6M

12.93%

1Y

30.55%

5Y (annualized)

13.88%

10Y (annualized)

11.16%

Monthly Returns

The table below presents the monthly returns of LBAY, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-0.37%1.04%4.43%-3.24%2.68%-3.25%5.33%3.11%-0.52%-3.49%4.86%
20230.63%-5.48%-1.57%0.56%-7.33%4.82%2.17%-2.25%-1.47%-3.14%3.18%1.70%-8.54%
20225.14%1.87%4.46%0.72%6.26%-6.52%1.31%-0.54%-6.47%10.09%5.53%-0.11%22.41%
2021-1.55%4.25%7.72%3.92%4.23%-5.49%0.96%2.57%-1.65%0.40%-4.12%10.20%22.27%
2020-0.62%5.23%4.58%

Expense Ratio

LBAY has a high expense ratio of 1.09%, indicating higher-than-average management fees.


Expense ratio chart for LBAY: current value at 1.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.09%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of LBAY is 23, indicating that it is in the bottom 23% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of LBAY is 2323
Combined Rank
The Sharpe Ratio Rank of LBAY is 2222
Sharpe Ratio Rank
The Sortino Ratio Rank of LBAY is 2121
Sortino Ratio Rank
The Omega Ratio Rank of LBAY is 2121
Omega Ratio Rank
The Calmar Ratio Rank of LBAY is 2626
Calmar Ratio Rank
The Martin Ratio Rank of LBAY is 2424
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


Sharpe ratio
The chart of Sharpe ratio for LBAY, currently valued at 0.74, compared to the broader market0.002.004.000.742.54
The chart of Sortino ratio for LBAY, currently valued at 1.09, compared to the broader market-2.000.002.004.006.008.0010.0012.001.093.40
The chart of Omega ratio for LBAY, currently valued at 1.13, compared to the broader market0.501.001.502.002.503.001.131.47
The chart of Calmar ratio for LBAY, currently valued at 0.57, compared to the broader market0.005.0010.0015.000.573.66
The chart of Martin ratio for LBAY, currently valued at 2.85, compared to the broader market0.0020.0040.0060.0080.00100.002.8516.26
LBAY
^GSPC

The current Leatherback Long/Short Alternative Yield ETF Sharpe ratio is 0.74. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Leatherback Long/Short Alternative Yield ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
0.74
2.54
LBAY (Leatherback Long/Short Alternative Yield ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Leatherback Long/Short Alternative Yield ETF provided a 3.45% dividend yield over the last twelve months, with an annual payout of $0.91 per share. The fund has been increasing its distributions for 3 consecutive years.


0.00%0.50%1.00%1.50%2.00%2.50%3.00%3.50%$0.00$0.20$0.40$0.60$0.80$1.002020202120222023
Dividends
Dividend Yield
PeriodTTM2023202220212020
Dividend$0.91$0.90$0.81$0.73$0.06

Dividend yield

3.45%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.00$0.76
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$0.90
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$0.81
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$0.73
2020$0.06$0.06

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-6.26%
-0.88%
LBAY (Leatherback Long/Short Alternative Yield ETF)
Benchmark (^GSPC)

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 6.26%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-15.99%Jan 9, 2023203Oct 27, 2023
-12.95%Jun 8, 202277Sep 27, 202240Nov 22, 2022117
-10.45%May 18, 202143Jul 19, 2021118Jan 4, 2022161
-5.77%Apr 21, 20228May 2, 202216May 24, 202224
-5.34%Jan 15, 202110Jan 29, 202115Feb 22, 202125

Volatility

Volatility Chart

The current Leatherback Long/Short Alternative Yield ETF volatility is 3.67%, 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.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
3.67%
3.96%
LBAY (Leatherback Long/Short Alternative Yield ETF)
Benchmark (^GSPC)