FundNYSEARCASmart Betas

Leatherback Long/Short Alternative Yield ETF

LBAY NYSE Arca

The Leatherback Long/Short Alternative Yield ETF (LBAY) is an actively managed exchange-traded fund that seeks income generation and capital appreciation through shareholder yielding equities and income producing securities. Leatherback establishes long positions in securities it believes will prov...

25.71USD
+1.64 (+6.83%) 1 Year · close Oct 12

Hover to inspectDrag to measure a move← → to step through days

Dividend yield
3.24%
Trailing 12 months
Volatility · 1Y
17.6%
Average Risk
Beta
0.17
vs the market
52-week range
22.9428.27
01 Performance

How LBAY has paid off

Price return over every period, and total return with dividends reinvested, set against price alone.

Return by period

Price · to Oct 12
Below Average performance Select a period to update every chart on the page.

Total return vs price return

Price only
+3.5 pts
0%10%20% LBAY +10.3% Price +6.8%

Over 1 year, LBAY returned +10.3% with dividends reinvested — dividends added +3.5 pts to the price move.

02 Risk

How bumpy is the ride?

Return only means something next to the risk taken to earn it. Volatility, drawdowns and market sensitivity over 1 year.

Volatility

Annualized · 1Y
17.6%Average Risk

A typical year sees the price swing about ±18% around its trend.

Drawdown from peak

How far below its previous high the price has been
−13.4%
0%-8%−13.4%

Deepest fall −13.4% on Jun 18, 2026 — 111 days after the previous high
More than 5% below a high 50% of the time.

Market sensitivity

Beta
Market moves+10.0%
LBAY tends to move+1.7%

A beta of 0.17 means LBAY has moved less than the market.

Sharpe ratio 0.24 Return earned per unit of volatility
03 Technicals

Trend & momentum

Where the price sits against its moving averages, and how stretched the recent move is.

Price vs moving averages

Uptrend
25.71
  • 12-day average25.35 +1.4%
  • 26-day average25.73 −0.1%
  • 50-day average25.99 −1.1%
  • 200-day average25.69 +0.1%

The price is above 2 of 4 averages. The 50-day average is above the 200-day, a sign of a rising longer-term trend.

Relative strength (RSI)

Neutral
OversoldOverbought46.7

RSI compares recent gains with recent losses on a 0–100 scale. Above 70 a move is often considered stretched, below 30 washed out.

Technical indicators describe past prices. They are not a forecast.

04 Dividends

What it pays you

Cash distributions over the last twelve months, and how they have grown.

Dividend yield3.24%

About 32 USD a year for every 1,000 USD invested at today's price.

Per share
0.83
Last paid
Sep 29, 2026

Last 12 months

0.83 USD / share
0.08Oct 270.08Nov 250.09Dec 260.09Jan 270.09Feb 240.09May 280.09Jun 290.09Jul 300.09Aug 280.09Sep 29
05 Themes

Where LBAY shows up

Curated themes and indices that hold LBAY. Open one to see it in context, or test the whole theme in a portfolio.

06 Profile

About Leatherback Long/Short Alternative Yield ETF

The Leatherback Long/Short Alternative Yield ETF (LBAY) is an actively managed exchange-traded fund that seeks income generation and capital appreciation through shareholder yielding equities and income producing securities. Leatherback establishes long positions in securities it believes will provide sustainable shareholder yield and takes short positions in securities it believes will decline in price. Leatherback uses a quantitative and fundamental approach to identify companies it believes have the capacity to reward shareholders. The bias is towards dividend awards, which seek to provide downside risk mitigation and are additive to total return.

  • Featured in 1 curated theme
Ticker
LBAY
Exchange
NYSE Arca
ISIN
US8863648502
CUSIP
886364 850
Currency
U.S. Dollar (USD)
Country
USA
Sector
Smart Betas
Industry
Long / Short
All key statistics

Details

NameLeatherback Long/Short Alternative Yield ETF
TickerLBAY
ISINUS8863648502
CUSIP886364 850
ExchangeNYSEARCA
CategorySmart Betas
Sub CategoryLong / Short
CountryUSA
CurrencyU.S. Dollar
Inception DateNov 16, 2020
Benchmark-

Shareas of Oct 12, 2026

Close Price USD25.71
52W Low / High 22.94 / 28.27
1Y Total Return10.29%
Below Average
1Y Volatility17.47%
Average Risk
Beta0.17
12M Dividends0.832
Last Dividend DateSep 29, 2026
Dist. Frequency-
Dividend Yield3.24%

Dataas of Oct 13, 2026

AUM-
Discount/Premium-
NAV-
Shares Outstanding-
Volume 20D Avg-
Nbr of Holdings-
Risk Rank-
Net Expense-
Options available-
Next step

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Data for information only, not investment advice. Past performance does not guarantee future results.