ACTV vs. QVAL ETF Comparison

Comparison of LeaderShares Activist Leaders ETF (ACTV) to ValueShares U.S. Quantitative Value ETF (QVAL)

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

$32.99

Average Daily Volume

7,244

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QVAL

ValueShares U.S. Quantitative Value ETF

QVAL Description

The investment seeks long-term capital appreciation. The fund is an actively managed ETF. Under normal circumstances, it seeks to achieve its investment objective by investing primarily in U.S. equity securities that the Adviser believes, based on quantitative analysis, are undervalued at the time of purchase and have the potential for capital appreciation. The fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of U.S. companies. It will invest primarily in the exchange-listed common stock of U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$42.65

Average Daily Volume

23,670

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ACTV	QVAL
30 Days	-5.19%	-5.15%
60 Days	-1.64%	1.02%
90 Days	-0.45%	4.06%
12 Months	15.04%	32.96%

0 Overlapping Holdings

	Symbol	Grade	Weight in ACTV	Weight in QVAL	Overlap

ACTV Overweight 43 Positions Relative to QVAL

Symbol	Grade	Weight
GDDY	A	3.98%
INVA	A	3.83%
SWX	A	3.81%
MRCY	D	3.8%
NSIT	D	3.78%
DAN	B	3.77%
NWL	C	3.77%
JHG	C	3.69%
BLMN	D	3.61%
BBWI	D	3.55%
ALIT	D	3.52%
THS	C	3.52%
FRPT	C	3.51%
FTRE	C	3.51%
CNDT	B	3.44%
IVZ	F	3.38%
IRWD	D	3.37%
JBLU	F	2.96%
VRT	A	0.86%
SPOT	B	0.82%
CMG	A	0.82%
PRMW	A	0.78%
ROG	C	0.76%
IFF	B	0.75%
NYT	C	0.75%
TDS	B	0.74%
GTX	C	0.74%
NBIX	A	0.74%
KNF	A	0.73%
FYBR	C	0.71%
J	C	0.71%
PAYC	F	0.71%
KKR	C	0.71%
TRMB	D	0.71%
BANC	D	0.7%
IAC	F	0.69%
X	F	0.69%
NWS	D	0.69%
CBRE	D	0.68%
WCC	F	0.68%
AAP	C	0.66%
DBRG	F	0.65%
BCRX	D	0.6%

ACTV Underweight 49 Positions Relative to QVAL

Symbol	Grade	Weight
SNX	A	-2.25%
LBRT	B	-2.25%
DAL	A	-2.15%
BG	B	-2.15%
WFRD	B	-2.15%
ELV	A	-2.12%
SIG	D	-2.11%
OMC	A	-2.08%
AMR	D	-2.08%
CRC	D	-2.07%
ARCH	D	-2.07%
ARW	B	-2.06%
INSW	A	-2.05%
CCK	B	-2.05%
MUSA	B	-2.05%
PSX	D	-2.04%
SM	B	-2.04%
ALSN	D	-2.04%
MO	A	-2.02%
OC	A	-2.02%
HAL	D	-2.02%
AGCO	D	-2.02%
SKX	A	-2.0%
T	B	-2.0%
VLO	B	-2.0%
TPH	A	-1.99%
TEX	D	-1.99%
CSCO	D	-1.98%
IPG	F	-1.98%
UTHR	A	-1.98%
THC	A	-1.95%
PHM	B	-1.95%
UFPI	D	-1.94%
CEIX	F	-1.94%
GPK	D	-1.93%
CMCSA	F	-1.92%
SNA	D	-1.9%
CVI	F	-1.9%
CTSH	D	-1.9%
LEA	F	-1.9%
TOL	B	-1.9%
HPQ	D	-1.9%
APA	F	-1.89%
TMHC	C	-1.88%
BBY	D	-1.86%
DHI	D	-1.84%
MOH	F	-1.81%
CROX	D	-1.8%
CRI	F	-1.79%