ACTV vs. FOVL ETF Comparison

Comparison of LeaderShares Activist Leaders ETF (ACTV) to iShares Focused Value Factor ETF (FOVL)

ACTV

LeaderShares Activist Leaders ETF

ACTV Description

The investment seeks to generate long-term capital growth. The fund will be invested in equity securities of companies listed on a U.S. exchange with market capitalizations of at least $1 billion at the time of initial purchase. It may focus its investments in a particular sector, industry or group of industries. The fund may utilize derivatives, such as equity options and total return swap agreements, to seek to achieve its objective and for hedging purposes.

Grade (RS Rating)

Last Trade

$32.20

Average Daily Volume

6,476

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FOVL

iShares Focused Value Factor ETF

FOVL Description

The investment seeks to track the to track the investment results of the Focused Value Select Index, which is an objective, rules-based, equal-weighted equity index provided by FTSE Russell. The underlying index measures the performance of large- and mid-capitalization U.S. companies with prominent value factor characteristics, as determined by Russell. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$68.83

Average Daily Volume

1,975

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ACTV	FOVL
30 Days	-4.16%	1.74%
60 Days	-2.57%	4.26%
90 Days	-1.26%	11.17%
12 Months	14.29%	41.64%

1 Overlapping Holdings

	Symbol	Grade	Weight in ACTV	Weight in FOVL	Overlap
	JHG	A	4.25%	2.59%	2.59%

ACTV Overweight 45 Positions Relative to FOVL

Symbol	Grade	Weight
LUV	A	4.12%
INVA	C	4.05%
IVZ	A	4.01%
BLMN	F	3.97%
SWX	C	3.89%
NSIT	F	3.85%
MTCH	C	3.82%
ALIT	F	3.79%
HHH	C	3.78%
DAN	F	3.77%
VSTS	F	3.7%
JBLU	D	3.66%
BBWI	F	3.55%
MRCY	D	3.53%
THS	F	3.45%
FTRE	F	3.42%
IRWD	F	3.19%
WOLF	D	1.07%
TDS	B	0.84%
WEN	A	0.78%
DBRG	D	0.78%
CNK	A	0.72%
BANC	B	0.72%
MDU	F	0.72%
SOLV	B	0.72%
EXPE	B	0.72%
GDDY	A	0.7%
CMG	B	0.7%
NWS	A	0.7%
RPD	C	0.7%
PCG	B	0.69%
FYBR	A	0.68%
CHEF	D	0.67%
GEN	A	0.67%
PINS	C	0.67%
CTLT	D	0.66%
UNIT	C	0.65%
VYX	F	0.65%
NATL	D	0.64%
ROG	D	0.63%
AAP	F	0.62%
KBH	D	0.62%
ETSY	D	0.57%
UPBD	D	0.56%
CVI	F	0.53%

ACTV Underweight 39 Positions Relative to FOVL

Symbol	Grade	Weight
NTRS	B	-2.79%
FHN	B	-2.75%
MTB	B	-2.71%
WTM	B	-2.68%
DFS	A	-2.66%
BAC	B	-2.64%
USB	B	-2.61%
FHB	A	-2.59%
ETR	A	-2.58%
CMA	A	-2.58%
D	B	-2.58%
OZK	B	-2.54%
PNC	B	-2.52%
VOYA	B	-2.52%
RF	B	-2.52%
ALK	A	-2.52%
FNB	A	-2.52%
FITB	B	-2.52%
AXS	C	-2.51%
CMCSA	A	-2.5%
MET	C	-2.5%
PNW	D	-2.49%
CNA	D	-2.48%
AVT	B	-2.48%
RNR	C	-2.47%
OGE	C	-2.47%
UGI	D	-2.46%
EVRG	C	-2.45%
PFG	C	-2.44%
MTG	D	-2.43%
PRGO	D	-2.39%
HPE	A	-2.38%
RPRX	D	-2.38%
ADM	F	-2.37%
BG	F	-2.33%
VZ	D	-2.31%
CRI	F	-2.19%
CNXC	F	-2.17%
CWEN	C	-2.14%