Summary
Leatherback Long/Short Alternative Yield ETF is an ETF - a fund traded on an exchange like a stock - run by Leatherback. Positions inside: 59. The ten largest make up 58% of the fund.
- Yearly costs
- 1.27%
- Fund size
- $17.2M
- Positions
- 59
- Dividend yield
- 3.75%
- Running since
- 2020
What speaks for it
Nothing stands out in its favour.
What to watch
- The ten largest positions make up 58% of the fund, so its result rests on a few names.
- Costs of 1.27% a year are above the middle of comparable funds (0.74%).
- A small fund with $17.2M under management; small funds get closed more often.
- It trades little: only about $48.5K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +0.9%
- 3 months
- +2.8%
- This year
- +10%
- 1 year
- +6.1%
- 3 years
- +6.5%
- 5 years
- +11%
- Avg. market cap
- $145.1B
- P/E
- 4.7x
- Forward P/E
- 4.6x
- P/S
- 0.5x
- P/B
- 0.7x
- P/FCF
- 3.5x
- EV/EBITDA
- 10.8x
- Dividend yield
- 3.14%
- ROIC
- 12.0%
- ROE
- 20.5%
- Gross margin
- 48.5%
- Operating margin
- 34.1%
- Net margin
- 22.3%
- Payout ratio
- 14.9%
- Net debt/EBITDA
- 3.8x
- Beta
- 0.06
Weighted average of the 34 largest companies, which make up 125% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 First American Government Obligations Fund 12/01/2031 15%
- 2 VVisa V 5.2%
- 3 BBarnes Group Inc. B 5.0%
- 4 HLHecla Mining Company HL 4.9%
- 5 WTEssential Utilities, Inc. WTRG 4.9%
- 6 XOExxon Mobil XOM 4.8%
- 7 KDKeurig Dr Pepper Inc. KDP 4.8%
- 8 MTVail Resorts MTN 4.7%
- 9 AGAlamos Gold Inc. AGI 4.5%
- 10 MOAltria MO 4.4%
Positions in the fund: 59. The ten largest make up 58% of it.
Composition as of Oct 19, 2026.
Where is it spread?
Spread outBy sector
- Financials 25%
- Basic materials 22%
- Consumer defensive 10%
- Utilities 7.8%
- Industrials 7.0%
- Other 28%
By country
- United States 77%
- Canada 9.5%
- Switzerland 3.0%
- Australia 2.7%
- Other countries 9.7%
By company size
- Mega cap 15%
- Large cap 60%
- Mid cap 24%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Financials (25%). Largest country: United States (77%). Largest size group: Large cap (60%).
What does it cost me?
Expensive- A year from $10,000
- $127
- Over 20 years
- $5,732
From every $10,000 invested the fund takes $127 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $5,732.
How has it done?
Growing slowly- A year on average, 5 years
- +2.1%
- Deepest drop
- -22%
- Yearly volatility
- 18%
Average yearly growth over the last five years: 2.1%. Deepest drop in these years: 22% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 3.75%
- Payments a year
- 12
- Last payment
- $0.09
Over the last 12 months it paid $1.00 per share, which is 3.75% of today's price. The last payment was $0.09 on Sep 29, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $48.5K
- Shares a day
- 1.8K
On an average day about $48.5K of the fund changes hands.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 4.7
- Average Bulios Score
- 68 out of 100
Weight by Bulios Fair Price
- Undervalued 30%
- Fairly valued 26%
- Overvalued 44%
On average the companies inside trade for 4.7 times their yearly profit. By Fair Price, 44% of the rated weight comes out as overvalued.
Counted from its largest companies (34), which make up 125% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.