LBAY vs SEA

Comparison between LEATHERBACK LONG/SHORT ALTERNATIVE YIELD ETF (LBAY, ETF) and U.S. GLOBAL SEA TO SKY CARGO ETF (SEA, ETF).

LBAY vs SEA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LBAY(ETF)	SEA(ETF)
Net Assets	$17M	$18M
Expense Ratio	1.20%	0.60%
Max Drawdown	22.04%	73.31%
Sharpe Ratio	0.51	1.64
5Y Beta	0.11	0.65
P/E Ratio	11.61	N/A
Forward P/E	16.23	N/A
5Y Dividends CAGR	18.35%	115.63%
5Y EPS CAGR	10.71%	N/A
Debt to Equity	26.75%	N/A
P/S Ratio	1.92	N/A
P/B Ratio	2.57	N/A

Net Assets

LBAY

$17M

Winner

SEA

$18M

Expense Ratio

LBAY

1.20%

Winner

SEA

0.60%

Max Drawdown

Winner

LBAY

22.04%

SEA

73.31%

Sharpe Ratio

LBAY

0.51

Winner

SEA

1.64

5Y Beta

Winner

LBAY

0.11

SEA

0.65

P/E Ratio

LBAY

11.61

SEA

N/A

Forward P/E

LBAY

16.23

SEA

N/A

5Y Dividends CAGR

LBAY

18.35%

Winner

SEA

115.63%

5Y EPS CAGR

LBAY

10.71%

SEA

N/A

Debt to Equity

LBAY

26.75%

SEA

N/A

P/S Ratio

LBAY

1.92

SEA

N/A

P/B Ratio

LBAY

2.57

SEA

N/A

LBAY vs SEA - Holdings Comparison

LBAY and SEA have 1 common holdings. Overlap is -11.26%

LBAY's top 25 holdings weight is 112.18%. SEA's top 25 holdings weight is 92.56%.

Rank	LBAY	SEA
#1	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 15.49%	ORIENT OVERSEAS (INTERNATIONAL) LTD (n/a) - 5.32%
#2	ALTRIA GROUP INC (MO) - 5.12%	INTERNATIONAL SEAWAYS INC (INSW) - 5.25%
#3	VISA INC CLASS A (V) - 5.09%	COSCO SHIPPING HOLDINGS CO LTD CLASS H (n/a) - 5.19%
#4	ESSENTIAL UTILITIES INC (WTRG) - 4.87%	DHT HOLDINGS INC (DHT) - 5.19%
#5	HECLA MINING CO (HL) - 4.67%	SITC INTERNATIONAL HOLDINGS CO LTD (n/a) - 5.10%
#6	n/a (AGNCP) - 4.61%	WALLENIUS WILHELMSEN ASA SHS OPPSTARTSFASE 1 (n/a) - 5.01%
#7	n/a (EPR-PRC) - 4.50%	KUEHNE & NAGEL INTERNATIONAL AG (n/a) - 4.14%
#8	VAIL RESORTS INC (MTN) - 4.49%	GLOBAL SHIP LEASE INC CLASS A (GSL) - 4.10%
#9	OLD REPUBLIC INTERNATIONAL CORP (ORI) - 4.39%	HOEGH AUTOLINERS ASA (n/a) - 3.99%
#10	KEURIG DR PEPPER INC (KDP) - 4.35%	SCORPIO TANKERS INC (STNG) - 3.96%
#11	ALAMOS GOLD INC CLASS A (n/a) - 4.23%	BW LPG LTD (n/a) - 3.74%
#12	BARRICK MINING CORP (n/a) - 4.09%	WAN HAI LINES LTD (n/a) - 3.71%
#13	LAMB WESTON HOLDINGS INC (LW) - 4.06%	TEEKAY CORP LTD (TK) - 3.57%
#14	AVISTA CORP (AVA) - 4.03%	J&T GLOBAL EXPRESS LTD ORDINARY SHARES CLASS B (n/a) - 3.22%
#15	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 3.91%	DEUTSCHE POST AG (n/a) - 3.19%
#16	EXXON MOBIL CORP (XOM) - 3.87%	ZTO EXPRESS (CAYMAN) INC ADR (ZTO) - 3.17%
#17	UNION PACIFIC CORP (UNP) - 3.77%	EXPEDITORS INTERNATIONAL OF WASHINGTON INC (EXPD) - 3.10%
#18	PHILLIPS 66 (PSX) - 3.64%	DSV AS (n/a) - 3.09%
#19	BECTON DICKINSON & CO (BDX) - 3.62%	SF HOLDING CO LTD ORDINARY SHARES CLASS H (n/a) - 3.02%
#20	NEWMONT CORP (NEM) - 3.44%	UNITED PARCEL SERVICE INC CLASS B (UPS) - 3.02%
#21	RAYONIER INC (RYN) - 3.41%	BRAMBLES LTD (n/a) - 2.96%
#22	AMRIZE LTD REGISTERED SHARE (AMRZ) - 3.16%	LOGISTA INTEGRAL SA (n/a) - 2.86%
#23	THE HOME DEPOT INC (HD) - 3.14%	FEDEX CORP (FDX) - 2.70%
#24	SLM CORP (SLM) - 3.13%	HAFNIA LIMITED (n/a) - 2.01%
#25	VIATRIS INC (VTRS) - 3.10%	TEEKAY TANKERS LTD CLASS A (TNK) - 1.95%
Total Holdings	61	29

LBAY vs SEA - Historical Returns

Returns include dividend reinvestment.

Period	LBAY	SEA
1 month	+5.48%	+5.71%
3 months	+0.50%	+5.64%
6 months	+2.55%	+20.70%
1 year	+11.01%	+35.09%
5 years(CAGR)	+5.86%	+9.38%
10 years(CAGR)	N/A	+11.86%
Max(CAGR)	+8.17%	+3.47%

LBAY

+5.48%

Winner

SEA

+5.71%

LBAY

+0.50%

Winner

SEA

+5.64%

LBAY

+2.55%

Winner

SEA

+20.70%

LBAY

+11.01%

Winner

SEA

+35.09%

5Y(CAGR)

LBAY

+5.86%

Winner

SEA

+9.38%

10Y(CAGR)

LBAY

N/A

SEA

+11.86%

Max(CAGR)

Winner

LBAY

+8.17%

SEA

+3.47%

LBAY vs SEA - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	LBAY	SEA
2026	+8.85%	+26.45%
2025	+4.66%	+15.71%
2024	-4.35%	+1.18%
2023	-8.50%	+19.43%
2022	+22.44%	-17.33%
2021	+22.29%	N/A
2020	+4.58%	-18.40%
2019	N/A	+26.52%
2018	N/A	-28.95%
2017	N/A	+3.84%
2016	N/A	-2.10%
2015	N/A	-25.44%
2014	N/A	-9.99%
2013	N/A	+32.70%
2012	N/A	+8.35%
2011	N/A	-45.24%
2010	N/A	+7.88%

LBAY vs SEA Drawdown Comparison

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

The maximum drawdown for SEA was -60.49%, occurring on Dec 24, 2018. Recovery took 2368 trading sessions.

The current LBAY drawdown is -8.87%.

Rank	LBAY	SEA
#1	-15.99% Jan 6, 2023 - Feb 4, 2026	-60.49% Nov 8, 2010 - Jan 20, 2022
#2	-13.61% Feb 27, 2026 - Jun 22, 2026	-39.53% Mar 18, 2022 - May 15, 2024
#3	-12.94% Jun 7, 2022 - Nov 22, 2022	-32.63% Jun 10, 2024 - Jan 9, 2026
#4	-10.45% May 17, 2021 - Jan 4, 2022	-11.55% Aug 2, 2010 - Nov 3, 2010
#5	-5.77% Apr 20, 2022 - May 24, 2022	-10.99% Jun 21, 2010 - Jul 23, 2010
#6	-5.34% Jan 14, 2021 - Feb 22, 2021	-7.96% May 8, 2026 - Jul 14, 2026
#7	-4.14% Mar 15, 2021 - Mar 26, 2021	-7.43% Mar 3, 2026 - Apr 8, 2026
#8	-2.91% Feb 24, 2021 - Mar 5, 2021	-4.81% Mar 3, 2022 - Mar 16, 2022
#9	-2.80% Feb 23, 2026 - Feb 27, 2026	-4.23% Jan 20, 2022 - Jan 31, 2022
#10	-2.70% Nov 24, 2020 - Dec 3, 2020	-2.58% Feb 9, 2022 - Feb 18, 2022
#11	-2.48% May 10, 2021 - May 14, 2021	-2.37% Feb 18, 2022 - Feb 25, 2022
#12	-2.25% Dec 2, 2022 - Dec 27, 2022	-2.25% Feb 11, 2026 - Feb 18, 2026
#13	-2.13% Dec 9, 2020 - Dec 31, 2020	-2.15% Feb 2, 2022 - Feb 8, 2022
#14	-2.01% Jan 18, 2022 - Feb 9, 2022	-1.99% Apr 30, 2026 - May 5, 2026
#15	-1.86% Mar 4, 2022 - Mar 21, 2022	-1.88% Apr 8, 2026 - Apr 30, 2026

Correlation

Correlation between LBAY and SEA is 0.52 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.52

-101

Dividend Comparison (2010 - 2026)

LBAY vs SEA dividend yield comparison.

Year	LBAY	SEA
2026	1.97%	0.00%
2025	3.80%	6.76%
2024	3.77%	18.47%
2023	3.47%	9.85%
2022	2.74%	18.72%
2021	2.96%	0.00%
2020	0.29%	0.87%
2019	0.00%	3.71%
2018	0.00%	3.21%
2017	0.00%	5.13%
2016	0.00%	6.44%
2015	0.00%	11.49%
2014	0.00%	3.52%
2013	0.00%	2.03%
2012	0.00%	3.25%
2011	0.00%	6.62%
2010	0.00%	1.26%