Skip to Content
Morningstar

Leatherback

Leatherback Parent Rating

Average
Morningstar Manager Research

Leatherback has some investor-friendly attributes, but other attributes warrant caution, leading to an Average Parent Pillar rating.

Leatherback has served investors well through its very competitive risk-adjusted performance, with an average overall Morningstar Rating of 4.0 stars across its open-end and exchange-traded funds. A cause for concern at Leatherback are its relatively inexperienced longest-tenured managers. In particular, average tenure across portfolio managers is only three years, which contributes negatively to its rating.

Leatherback Investments

Exchange-Traded Funds

See All Leatherback ETFs

Market

US ETFs

Total Net Assets

43.88 Mil

Investment Flows (TTM)

−38.08 Mil

Asset Growth Rate (TTM)

−44.29%

# of Share Classes

1
Morningstar Rating # of Share Classes
0
1
0
0
0
Not Rated 0
Name
Morningstar Rating Overall
5-Year Category Rank
Leatherback Long/Short Alt Yld ETF—
View All 5-Star Standouts

Quick Definitions: Key Morningstar Terms

  • Category

    A category is a way to group investments based on similar risk, return, and behavior profiles.

  • Morningstar Medalist Rating for Funds

    The Morningstar Medalist Rating for funds is a five-tier system used to analyze how fees will impact different securities in the long term.

  • Morningstar Rating™ for Funds

    The Morningstar Rating for Funds, often referred to as the Star Rating, measures a fund’s past performance compared to similar funds on a risk-adjusted basis.

  • Percentile Rank

    Percentile rank is how an investment’s return, risk, or other metric compares with other investments in its Morningstar Category.

Sponsor Center