LBAY Stock Price, Chart, Stats & News

Tidal ETF Trust - Leatherback Long/Short Alternative Yield ETF
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Long-Short Equity
Category
3.89%
Dividend yield
$0.9660
1.27%
Expense ratio
17.87M
Assets
6.88%
1Y return
LBAY chart
1M
3M
1Y
5Y
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LBAY returns
| YTD | 6.58% |
| 1Y | 6.88% |
| 3Y | 3.60% |
| 5Y | 4.13% |
| 10Y | 0.00% |
| 1Y volatility | 18.49% |
| 3Y volatility | 14.11% |
| Sharpe ratio | -0.02 |
About
This actively managed exchange-traded fund (ETF) aims to achieve its investment objective by acquiring long positions in securities identified as offering sustainable shareholder yield (comprising dividends, share buybacks, and debt principal reductions) and establishing short positions in securities projected to fall in price. Its net long exposure typically ranges from 75% to 110%. While primarily composed of equity securities or depositary receipts, the fund's long holdings may also include investment-grade corporate bonds and convertible bonds.
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