More about High-Yield Cash Accounts with M1
Brokerage Accounts
Retirement Accounts
Other Accounts
Quotes are delayed by 15 minutes.
1D
1W
1M
3M
6M
YTD
1Y
2Y
5Y
ALL
AUM
$24180000
P/E ratio
16.5
Dividend yield
3.1023%
Expense ratio
1.27%
Beta
0.40598
Previous close
$24.52
Today's open
$24.75
Day's range
$24.74 - $24.80
52 week range
$23.15 - $26.27
Alternatives
Long-Short
NEM
Newmont Corp
6.49%
5.09%
Time for Low-Beta ETFs?
Despite the Fed's most aggressive tightening campaign in decades, the U.S. economy has displayed remarkable resilience, characterized by a robust labor market and strong consumer spending. Inflation too has steadily decreased since reaching its highest point in June 2022.
Zacks Investment Research • Sep 12, 2023

LBAY: Short Bubble, Long Value, Actively Managed Long-Short Equity ETF
LBAY is a long-short equity ETF that provides better returns and risk management compared to long-only ETFs and the S&P 500 in a rising interest rate and inflationary environment. LBAY's high-yield, beta-neutral, value-focused, and dividend-paying strategy offers a diversified portfolio of undervalued stocks, minimizing downside risk and providing a potential for capital appreciation.
Seeking Alpha • Feb 27, 2023

LBAY: An ETF Unicorn Worth Knowing About
LBAY is an ETF unicorn of sorts: it is an actively-managed, long-short ETF. LBAY focuses on being long stocks with high shareholder yield, and short stocks that its managers think are overpriced.
Seeking Alpha • Feb 17, 2023

2023's Three-Year Mark ETFs: 3 Themes to Watch
2023 marks the 30th anniversary of the U.S. ETF industry, and with the year just begun, it's a good time to assess the 278 ETFs that are turning three years old, according to VettaFi.
ETF Trends • Jan 9, 2023

5 ETFs That Gained More Than 20% This Year
While most of the market was in deep red, a few have really performed well this year.
Zacks Investment Research • Dec 9, 2022

Leatherback Long/Short Alternative Yield ETF (LBAY) Marks Two-Year Anniversary as a Top-Performing Long/Short Fund
PALM BEACH GARDENS, Fla.--( BUSINESS WIRE )--Leatherback Asset Management recently marked the second anniversary of the launch of the Leatherback Long/Short Alternative Yield ETF (LBAY), a fund which has been a consistent top performer in the long/short ETF category and among active ETFs overall.
Business Wire • Dec 5, 2022

Things to Consider With Your Active ETFs
While the first half of the year has been something of a bloodbath for investors, some – though not all – actively managed exchange traded funds have been beating the market and justifying their higher fees. The Leatherback Long/Short Alternative Yield ETF (LBAY), for example, is up about 11% this year.
ETF Trends • Jul 1, 2022

Long/Short ETFs to Consider Amid Market Turmoil
Long/Short ETFs provide hedging facilities that protect the portfolio from huge losses in turbulent times.
Zacks Investment Research • Jun 22, 2022

Leatherback Long/Short Alternative Yield ETF (LBAY) Crosses $50 Million in Assets Under Management
PALM BEACH GARDENS, Fla.--(BUSINESS WIRE)--Actively managed Leatherback Long/Short Alternative Yield ETF (LBAY) has passed $50 million in assets under management, generated strong returns.
Business Wire • Jun 2, 2022

6 Winning ETF Areas of May
May is infamous for the stock market. This May too has not been free from shockwaves thanks to rising rate worries due to a hawkish Fed.
Zacks Investment Research • Jun 1, 2022

¹ Disclosures

Open an M1 investment account to buy and sell Leatherback Long/Short Alternative Yield ETF commission-free¹. Build wealth for the long term using automated trading and transfers.