HF vs LBAY

Comparison between DGA Core Plus Absolute Return ETF (HF, ETF) and LEATHERBACK LONG/SHORT ALTERNATIVE YIELD ETF (LBAY, ETF).

HF vs LBAY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HF(ETF)	LBAY(ETF)
Net Assets	$20M	$20M
Expense Ratio	1.70%	1.20%
Max Drawdown	15.32%	22.04%
Sharpe Ratio	1.30	0.45
5Y Beta	0.14	0.13
P/E Ratio	N/A	11.76
Forward P/E	N/A	15.45
5Y Dividends CAGR	N/A	23.68%
5Y EPS CAGR	N/A	12.40%
Debt to Equity	N/A	115.01%
P/S Ratio	N/A	1.35
P/B Ratio	N/A	2.13

Net Assets

Winner

$20M

LBAY

$20M

Expense Ratio

1.70%

Winner

LBAY

1.20%

Max Drawdown

Winner

15.32%

LBAY

22.04%

Sharpe Ratio

Winner

1.30

LBAY

0.45

5Y Beta

0.14

Winner

LBAY

0.13

P/E Ratio

N/A

LBAY

11.76

Forward P/E

N/A

LBAY

15.45

5Y Dividends CAGR

N/A

LBAY

23.68%

5Y EPS CAGR

N/A

LBAY

12.40%

Debt to Equity

N/A

LBAY

115.01%

P/S Ratio

N/A

LBAY

1.35

P/B Ratio

N/A

LBAY

2.13

HF vs LBAY - Holdings Comparison

HF and LBAY have 1 common holdings. Overlap is 0.15%

HF's top 25 holdings weight is 100.10%. LBAY's top 25 holdings weight is 113.19%.

Rank	HF	LBAY
#1	PROSHARES SHORT S&P500 (SH) - 29.72%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 13.92%
#2	PROSHARES ULTRASHORT S&P500 (SDS) - 14.72%	AVISTA CORP (AVA) - 5.42%
#3	SPDR® PORTFOLIO S&P 500 GROWTH ETF (SPYG) - 14.18%	ALTRIA GROUP INC (MO) - 5.27%
#4	SPDR® PORTFOLIO S&P 500 VALUE ETF (SPYV) - 14.12%	VAIL RESORTS INC (MTN) - 5.23%
#5	VANGUARD TOTAL WORLD STOCK ETF (VT) - 10.09%	HECLA MINING CO (HL) - 5.03%
#6	VANGUARD TOTAL STOCK MARKET ETF (VTI) - 7.07%	KEURIG DR PEPPER INC (KDP) - 4.69%
#7	GOLDMAN SACHS ACCESS TREASURY 0-1 YR ETF (GBIL) - 5.00%	VISA INC CLASS A (V) - 4.57%
#8	SPDR® DOW JONES INDUSTRIAL AVRG ETF TR (DIA) - 2.02%	n/a (AGNCP) - 4.51%
#9	INVESCO QQQ TRUST (QQQ) - 2.02%	n/a (EPR-PRC) - 4.40%
#10	SPDR® S&P 500® ETF (SPY) - 1.01%	HONEYWELL INTERNATIONAL INC (HON) - 4.35%
#11	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 0.15%	ALAMOS GOLD INC CLASS A (AGI) - 4.27%
#12	N/A	ESSENTIAL UTILITIES INC (WTRG) - 4.26%
#13	N/A	BARRICK MINING CORP (n/a) - 4.17%
#14	N/A	NEWMONT CORP (NEM) - 3.98%
#15	N/A	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 3.83%
#16	N/A	AMRIZE LTD REGISTERED SHARE (n/a) - 3.75%
#17	N/A	VIATRIS INC (VTRS) - 3.70%
#18	N/A	BUNGE GLOBAL SA (BG) - 3.66%
#19	N/A	HALLIBURTON CO (HAL) - 3.66%
#20	N/A	UNION PACIFIC CORP (UNP) - 3.56%
#21	N/A	OLD REPUBLIC INTERNATIONAL CORP (ORI) - 3.50%
#22	N/A	PHILLIPS 66 (PSX) - 3.50%
#23	N/A	BECTON DICKINSON & CO (BDX) - 3.38%
#24	N/A	EXXON MOBIL CORP (XOM) - 3.32%
#25	N/A	UBER TECHNOLOGIES INC (UBER) - 3.26%
Total Holdings	11	63

HF vs LBAY - Historical Returns

Returns include dividend reinvestment.

Period	HF	LBAY
1 month	+1.22%	+0.08%
3 months	+3.10%	-5.26%
6 months	+4.44%	+9.46%
1 year	+11.16%	+9.71%
5 years(CAGR)	N/A	+4.02%
Max(CAGR)	+8.59%	+8.15%

Winner

+1.22%

LBAY

+0.08%

Winner

+3.10%

LBAY

-5.26%

+4.44%

Winner

LBAY

+9.46%

Winner

+11.16%

LBAY

+9.71%

5Y(CAGR)

N/A

LBAY

+4.02%

Max(CAGR)

Winner

+8.59%

LBAY

+8.15%

HF vs LBAY - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	HF	LBAY
2026	+4.26%	+7.69%
2025	+4.59%	+4.66%
2024	+9.90%	-4.35%
2023	+5.97%	-8.50%
2022	N/A	+22.44%
2021	N/A	+22.29%
2020	N/A	+4.58%

HF vs LBAY Drawdown Comparison

The maximum drawdown for HF was -5.97%, occurring on Mar 13, 2025. Recovery took 243 trading sessions.

The maximum drawdown for LBAY was -15.99%, occurring on Oct 27, 2023. Recovery took 771 trading sessions.

The current HF drawdown is -1.42%. The current LBAY drawdown is -9.85%.

Rank	HF	LBAY
#1	-5.97% Oct 14, 2024 - Oct 3, 2025	-15.99% Jan 6, 2023 - Feb 4, 2026
#2	-4.27% Aug 7, 2023 - Nov 10, 2023	-12.94% Jun 7, 2022 - Nov 22, 2022
#3	-3.89% Jul 16, 2024 - Sep 24, 2024	-11.91% Feb 27, 2026 - Jun 1, 2026
#4	-3.14% Jan 29, 2026 - Apr 30, 2026	-10.45% May 17, 2021 - Jan 4, 2022
#5	-3.08% Mar 28, 2024 - May 15, 2024	-5.77% Apr 20, 2022 - May 24, 2022
#6	-2.01% Nov 12, 2025 - Dec 22, 2025	-5.34% Jan 14, 2021 - Feb 22, 2021
#7	-1.87% Feb 12, 2024 - Feb 15, 2024	-4.14% Mar 15, 2021 - Mar 26, 2021
#8	-1.49% May 21, 2024 - Jun 5, 2024	-2.91% Feb 24, 2021 - Mar 5, 2021
#9	-1.42% Jun 4, 2026 - Jun 5, 2026	-2.80% Feb 23, 2026 - Feb 27, 2026
#10	-1.40% Feb 15, 2024 - Feb 22, 2024	-2.70% Nov 24, 2020 - Dec 3, 2020
#11	-1.27% Oct 20, 2025 - Nov 12, 2025	-2.48% May 10, 2021 - May 14, 2021
#12	-1.16% Dec 28, 2023 - Jan 24, 2024	-2.25% Dec 2, 2022 - Dec 27, 2022
#13	-1.01% Mar 12, 2024 - Mar 20, 2024	-2.13% Dec 9, 2020 - Dec 31, 2020
#14	-0.97% Dec 19, 2023 - Dec 26, 2023	-2.01% Jan 18, 2022 - Feb 9, 2022
#15	-0.94% Oct 8, 2025 - Oct 20, 2025	-1.86% Mar 4, 2022 - Mar 21, 2022