SFYF vs. LBAY

Last updated Jun 4, 2026

SFYF (SoFi Social 50 ETF) and LBAY (Leatherback Long/Short Alternative Yield ETF) are both exchange-traded funds - SFYF is a Large Cap Growth Equities fund tracking the SoFi Social 50 Index, while LBAY is a Long-Short fund actively managed by Toroso Investments. SFYF is passively managed, while LBAY is actively managed. Over the past 5 years, SFYF returned 12.34%/yr vs 3.82%/yr for LBAY. At a 0.07 correlation, their price movements are largely independent. SFYF charges 0.29%/yr vs 1.09%/yr for LBAY.

Performance

SFYF vs. LBAY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SoFi Social 50 ETF (SFYF) and Leatherback Long/Short Alternative Yield ETF (LBAY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SFYF achieves a 14.85% return, which is significantly higher than LBAY's 6.38% return.

SFYF

• 1D: -0.85%
• 1M: 8.95%
• YTD: 14.85%
• 6M: 14.20%
• 1Y: 43.96%
• 3Y*: 36.32%
• 5Y*: 12.34%
• 10Y*: —

LBAY

• 1D: 0.25%
• 1M: -1.27%
• YTD: 6.38%
• 6M: 7.19%
• 1Y: 7.78%
• 3Y*: 3.38%
• 5Y*: 3.82%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SFYF vs. LBAY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SFYF SoFi Social 50 ETF	14.85%	30.00%	44.62%	56.80%	-47.73%	35.83%	11.37%
LBAY Leatherback Long/Short Alternative Yield ETF	6.38%	4.08%	-3.49%	-8.54%	22.41%	22.27%	4.58%

Correlation

The correlation between SFYF and LBAY is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.18
Correlation (3Y) Calculated over the trailing 3-year period	-0.05
Correlation (5Y) Calculated over the trailing 5-year period	0.05
Correlation (All Time) Calculated using the full available price history since Nov 18, 2020	0.07

The correlation between SFYF and LBAY shifts across timeframes, from -0.18 (1 year) to 0.07 (all time), reflecting how their relationship changes across market environments.

SFYF vs. LBAY - Sectors Allocation Comparison

Sectors	SFYF	LBAY
Technology	38.5%	2.8%
Consumer Cyclical	22.9%	4.3%
Communication Services	13.8%	-
Consumer Defensive	6.8%	16.3%
Financial Services	5.5%	15.3%
Healthcare	5.5%	5.5%
Industrials	3.5%	12.5%
Energy	2.1%	11.4%
Real Estate	1.2%	2.8%
Basic Materials	-	20.8%
Utilities	-	11.2%

Return for Risk

SFYF vs. LBAY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SFYF

SFYF Risk / Return Rank: 63
SFYF Sharpe Ratio Rank: 71
SFYF Sortino Ratio Rank: 64
SFYF Omega Ratio Rank: 64
SFYF Calmar Ratio Rank: 58
SFYF Martin Ratio Rank: 55

LBAY

LBAY Risk / Return Rank: 17
LBAY Sharpe Ratio Rank: 17
LBAY Sortino Ratio Rank: 17
LBAY Omega Ratio Rank: 16
LBAY Calmar Ratio Rank: 17
LBAY Martin Ratio Rank: 17

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SFYF vs. LBAY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SoFi Social 50 ETF (SFYF) and Leatherback Long/Short Alternative Yield ETF (LBAY). 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.

	SFYF	LBAY	Difference
Sharpe ratio: Return per unit of total volatility	2.36	0.51	+1.85
Sortino ratio: Return per unit of downside risk	3.01	0.87	+2.14
Omega ratio: Gain probability vs. loss probability	1.40	1.10	+0.29
Calmar ratio: Return relative to maximum drawdown	2.91	0.66	+2.25
Martin ratio: Return relative to average drawdown	9.65	1.67	+7.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SFYF vs. LBAY - Sharpe Ratio Comparison

The current SFYF Sharpe Ratio is 2.36, which is higher than the LBAY Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of SFYF and LBAY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SFYF	LBAY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.36	0.51	+1.85
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	0.28	+0.14
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	0.58	+0.03

Drawdowns

SFYF vs. LBAY - Drawdown Comparison

The maximum SFYF drawdown since its inception was -56.09%, which is greater than LBAY's maximum drawdown of -15.99%. Use the drawdown chart below to compare losses from any high point for SFYF and LBAY.

Drawdown Indicators

	SFYF	LBAY	Difference
Max Drawdown Largest peak-to-trough decline	-56.09%	-15.99%	-40.10%
Max Drawdown (1Y) Largest decline over 1 year	-15.18%	-11.91%	-3.27%
Max Drawdown (3Y) Largest decline over 3 years	-26.45%	-14.57%	-11.88%
Max Drawdown (5Y) Largest decline over 5 years	-56.09%	-15.99%	-40.10%
Current Drawdown Current decline from peak	-1.68%	-10.72%	+9.04%
Average Drawdown Average peak-to-trough decline	-16.58%	-6.80%	-9.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.57%	4.66%	-0.09%

Volatility

SFYF vs. LBAY - Volatility Comparison

SoFi Social 50 ETF (SFYF) has a higher volatility of 5.58% compared to Leatherback Long/Short Alternative Yield ETF (LBAY) at 3.78%. This indicates that SFYF's price experiences larger fluctuations and is considered to be riskier than LBAY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SFYF	LBAY	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.58%	3.78%	+1.80%
Volatility (6M) Calculated over the trailing 6-month period	13.21%	12.87%	+0.34%
Volatility (1Y) Calculated over the trailing 1-year period	18.74%	15.25%	+3.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.28%	13.59%	+15.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.68%	13.73%	+16.95%

SFYF vs. LBAY - Expense Ratio Comparison

SFYF has a 0.29% expense ratio, which is lower than LBAY's 1.09% expense ratio.

Dividends

SFYF vs. LBAY - Dividend Comparison

SFYF's dividend yield for the trailing twelve months is around 0.29%, less than LBAY's 3.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
LBAY Leatherback Long/Short Alternative Yield ETF	3.80%	3.80%	3.77%	3.47%	2.74%	2.96%	0.29%	0.00%
SFYF SoFi Social 50 ETF	0.29%	0.33%	0.31%	1.71%	1.19%	0.26%	0.40%	0.73%

Frequently Asked Questions

Can I hold both SFYF and LBAY in my portfolio?

SFYF and LBAY have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SFYF or LBAY?

SFYF has higher volatility (5.58%) compared to LBAY (3.78%). In terms of maximum drawdown, SFYF dropped -56.09% vs LBAY's -15.99%.

Which ETF is better, SFYF or LBAY?

On 5-year performance, SFYF leads with 12.34% vs 3.82% for LBAY. On fees, SFYF is cheaper at 0.29% per year. On volatility, LBAY has been the lower-risk option at 3.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SFYF or LBAY?

Over the 5-year period, SFYF has performed better with a 12.34% return vs 3.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SFYF or LBAY?

SFYF is cheaper with a 0.29% expense ratio, compared with 1.09% for LBAY.

Which ETF pays a higher dividend yield, SFYF or LBAY?

LBAY has the higher dividend yield at 3.80%, compared with 0.29% for SFYF.

What is the main difference between SFYF and LBAY?

SFYF is categorized as Large Cap Growth Equities, while LBAY is Long-Short. Their fees differ too: 0.29% for SFYF and 1.09% for LBAY.

Which has better risk-adjusted returns?

SFYF currently has the higher Sharpe Ratio (2.36 vs 0.51), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.