EZA vs LBAY
iShares MSCI South Africa ETF against Leatherback Long/Short Alternative Yield ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
7%
2 shared positions
Fee gap
61 bp
EZA is cheaper
1-year return gap
5.5 pts
LBAY is ahead
Larger fund
EZA
$467M
Side by side
| EZA | LBAY | |
|---|---|---|
| Fund | iShares MSCI South Africa ETF | Leatherback Long/Short Alternative Yield ETF |
| Issuer | iShares | Leatherback |
| Category | Single Country | Long/Short & Market Neutral |
| Expense ratio | 0.59% | 1.20% |
| Assets | $467M | $17M |
| Average daily dollar volume | $11M | $44K |
| Listed | Feb 3, 2003 | Nov 16, 2020 |
| FrenzyCap score | 51 | 25 |
| 1-month return | −8.3% | −5.5% |
| 3-month return | +1.7% | −0.1% |
| Year to date | −7.3% | +5.1% |
| 1-year return | −4.5% | +1.1% |
| 30-day volatility | 24.4% | 14.9% |
| Worst drawdown, 1 year | −25.9% | −14.7% |
| Trailing 12-month yield | 7.91% | 3.95% |
| Holdings | 34 | 62 |
| Top 10 weight | 62.9% | 47.3% |
| Look-through P/E | — | 18.8 |
| Holdings vs fair value | — | +15.0% |
| Holdings above 200-day average | — | 53% |
| Net flow, latest 3 reported months | −$245M thru May 2026 | −$625K thru May 2026 |
| 30-day implied volatility | 31.5% | — |
| Holdings as of | as of Oct 8, 2026issuer data | as of May 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
8% of EZA · 8% of LBAY
Sector mix of the stock holdings
| Sector | EZA | LBAY | Gap |
|---|---|---|---|
| Materials | 13.3% | 20.7% | −7.4% |
| Financials | 5.7% | 14.7% | −9.0% |
| Industrials | 0.0% | 19.5% | −19.5% |
| Energy | 4.2% | 13.4% | −9.2% |
| Consumer Staples | 0.0% | 16.2% | −16.2% |
| Consumer Discretionary | 8.1% | 4.9% | +3.2% |
| Utilities | 3.0% | 8.4% | −5.4% |
| Health Care | 0.0% | 9.9% | −9.9% |
| Real Estate | 1.5% | 3.3% | −1.8% |
| Communication Services | 2.0% | 0.0% | +2.0% |
| Technology | 1.2% | 0.0% | +1.2% |
More: full overlap table · EZA holdings · LBAY holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.