ACTV vs. FPAG ETF Comparison

Comparison of LeaderShares Activist Leaders ETF (ACTV) to FPA Global Equity ETF (FPAG)

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

$33.53

Average Daily Volume

7,108

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FPAG

FPA Global Equity ETF

FPAG Description

Although the adviser has adopted a policy to invest at least 80% of its assets in equity securities, the adviser expects to invest, under normal circumstances, at least 95% of the fund?s assets in equity securities. The fund invests primarily in publicly traded common stocks of mid- and large-cap U.S. and non-U.S. companies, including companies in emerging market countries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.27

Average Daily Volume

18,659

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ACTV	FPAG
30 Days	-0.13%	3.14%
60 Days	-0.86%	5.63%
90 Days	1.83%	7.53%
12 Months	18.69%	28.90%

1 Overlapping Holdings

	Symbol	Grade	Weight in ACTV	Weight in FPAG	Overlap
	IFF	A	0.72%	3.84%	0.72%

ACTV Overweight 42 Positions Relative to FPAG

Symbol	Grade	Weight
CNDT	B	4.24%
FRPT	B	4.01%
NSIT	A	3.87%
DAN	C	3.79%
JHG	A	3.72%
BBWI	C	3.69%
IVZ	D	3.66%
GDDY	A	3.65%
IRWD	F	3.63%
JBLU	F	3.63%
INVA	B	3.62%
ALIT	F	3.61%
MRCY	D	3.6%
SWX	A	3.6%
FTRE	D	3.53%
NWL	C	3.46%
BLMN	F	3.36%
THS	F	3.26%
BCRX	D	0.87%
IAC	B	0.8%
FYBR	B	0.78%
WCC	B	0.77%
BANC	C	0.74%
NYT	B	0.74%
KKR	C	0.73%
PRMW	A	0.73%
SPOT	B	0.73%
NWS	D	0.72%
J	D	0.72%
X	D	0.72%
VRT	A	0.72%
KNF	C	0.71%
NBIX	B	0.71%
AAP	D	0.7%
TDS	F	0.7%
CMG	A	0.7%
ROG	C	0.69%
GTX	D	0.68%
CBRE	D	0.68%
TRMB	D	0.65%
PAYC	F	0.63%
DBRG	F	0.62%

ACTV Underweight 24 Positions Relative to FPAG

Symbol	Grade	Weight
GOOGL	B	-6.38%
META	D	-5.35%
ADI	A	-5.13%
C	A	-4.88%
CMCSA	D	-4.78%
TEL	C	-4.58%
GOOG	B	-4.17%
WFC	A	-3.66%
AMZN	A	-3.39%
AON	F	-2.69%
AVGO	C	-2.26%
NXPI	A	-2.21%
KMX	D	-1.85%
CHTR	F	-1.75%
KMI	A	-1.72%
MAR	D	-1.69%
FE	A	-1.49%
HWM	A	-1.29%
ICLR	D	-1.26%
WAB	A	-1.23%
UBER	D	-1.16%
NFLX	C	-0.66%
BABA	C	-0.29%
PCG	B	-0.21%