LBAY vs. FTRI
Compare and contrast key facts about Leatherback Long/Short Alternative Yield ETF (LBAY) and First Trust Indxx Global Natural Resources Income ETF (FTRI).
LBAY and FTRI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LBAY is an actively managed fund by Toroso Investments. It was launched on Nov 16, 2020. FTRI is a passively managed fund by First Trust that tracks the performance of the Indxx Global Natural Resources Income Index. It was launched on Mar 11, 2010.
Performance
LBAY vs. FTRI - Performance Comparison
Loading graphics...
LBAY vs. FTRI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
LBAY Leatherback Long/Short Alternative Yield ETF | 15.70% | 4.08% | -3.49% | -8.54% | 22.41% | 22.27% | 4.58% |
FTRI First Trust Indxx Global Natural Resources Income ETF | 15.22% | 33.62% | -3.93% | 1.53% | 7.49% | 25.29% | 10.88% |
Returns By Period
The year-to-date returns for both stocks are quite close, with LBAY having a 15.70% return and FTRI slightly lower at 15.22%.
LBAY
- 1D
- -0.17%
- 1M
- -2.46%
- YTD
- 15.70%
- 6M
- 13.71%
- 1Y
- 12.46%
- 3Y*
- 4.32%
- 5Y*
- 7.41%
- 10Y*
- —
FTRI
- 1D
- 0.75%
- 1M
- -5.54%
- YTD
- 15.22%
- 6M
- 21.02%
- 1Y
- 38.78%
- 3Y*
- 15.31%
- 5Y*
- 11.97%
- 10Y*
- 11.56%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
LBAY vs. FTRI - Expense Ratio Comparison
LBAY has a 1.09% expense ratio, which is higher than FTRI's 0.70% expense ratio.
Return for Risk
LBAY vs. FTRI — Risk / Return Rank
LBAY
FTRI
LBAY vs. FTRI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leatherback Long/Short Alternative Yield ETF (LBAY) and First Trust Indxx Global Natural Resources Income ETF (FTRI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| LBAY | FTRI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.77 | 1.90 | -1.13 |
Sortino ratioReturn per unit of downside risk | 1.23 | 2.43 | -1.20 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.36 | -0.20 |
Calmar ratioReturn relative to maximum drawdown | 1.23 | 2.93 | -1.70 |
Martin ratioReturn relative to average drawdown | 2.98 | 12.73 | -9.76 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| LBAY | FTRI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.77 | 1.90 | -1.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.57 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.52 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 0.51 | +0.22 |
Correlation
The correlation between LBAY and FTRI is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
LBAY vs. FTRI - Dividend Comparison
LBAY's dividend yield for the trailing twelve months is around 3.41%, more than FTRI's 2.25% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LBAY Leatherback Long/Short Alternative Yield ETF | 3.41% | 3.80% | 3.77% | 3.47% | 2.74% | 2.96% | 0.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FTRI First Trust Indxx Global Natural Resources Income ETF | 2.25% | 2.35% | 4.29% | 6.56% | 8.37% | 6.58% | 3.64% | 6.25% | 4.24% | 3.60% | 2.96% | 0.89% |
Drawdowns
LBAY vs. FTRI - Drawdown Comparison
The maximum LBAY drawdown since its inception was -15.99%, smaller than the maximum FTRI drawdown of -43.82%. Use the drawdown chart below to compare losses from any high point for LBAY and FTRI.
Loading graphics...
Drawdown Indicators
| LBAY | FTRI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.99% | -43.82% | +27.83% |
Max Drawdown (1Y)Largest decline over 1 year | -9.71% | -13.35% | +3.64% |
Max Drawdown (5Y)Largest decline over 5 years | -15.99% | -27.51% | +11.52% |
Max Drawdown (10Y)Largest decline over 10 years | — | -43.82% | — |
Current DrawdownCurrent decline from peak | -2.89% | -5.54% | +2.65% |
Average DrawdownAverage peak-to-trough decline | -6.77% | -8.49% | +1.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.01% | 3.10% | +0.91% |
Volatility
LBAY vs. FTRI - Volatility Comparison
The current volatility for Leatherback Long/Short Alternative Yield ETF (LBAY) is 5.17%, while First Trust Indxx Global Natural Resources Income ETF (FTRI) has a volatility of 6.29%. This indicates that LBAY experiences smaller price fluctuations and is considered to be less risky than FTRI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| LBAY | FTRI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.17% | 6.29% | -1.12% |
Volatility (6M)Calculated over the trailing 6-month period | 12.15% | 14.48% | -2.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.17% | 20.49% | -4.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.48% | 20.92% | -7.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.66% | 22.32% | -8.66% |