# Leatherback Long/Short Alternative Yield ETF (LBAY) vs State Street SPDR S&P 500 ETF Trust (SPY) · total-return overlay

LOPJLB holding-return compare (5Y). Dividends and splits. Each path starts at 0% from the first adjusted close in the window.

Leatherback Long/Short Alternative Yield ETF (LBAY) vs State Street SPDR S&P 500 ETF Trust (SPY) total return over 5Y: LBAY +35.77%, SPY +82.55%. As of Oct 16, 2026. Research only.

- Interactive: https://www.lopjlb.com/vs/LBAY/SPY
- API: `GET /bff/api/bigfive/compare-series?symbols=LBAY%2CSPY&range=5y`

## Window

| Symbol | Window % | Worst drawdown | YTD |
|---|---:|---:|---:|
| LBAY | +35.77% | -15.98% | +15.12% |
| SPY | +82.55% | -24.49% | +12.60% |

## Periods (calendar lookback)

| Symbol | 1Y | 2Y | 3Y | 5Y |
|---|---:|---:|---:|---:|
| LBAY | +12.75% | +4.54% | +18.10% | +35.77% |
| SPY | +16.78% | +34.10% | +81.52% | +82.55% |

## Annual

| Year | LBAY | SPY |
|---|---:|---:|
| YTD | +15.12% | +12.60% |
| 2025 | +4.67% | +18.01% |
| 2024 | -4.34% | +25.59% |
| 2023 | -8.49% | +26.73% |
| 2022 | +22.44% | -18.64% |
| 2021 | +5.14% | +6.59% |

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Research context only. Not personalized investment advice.