AFMC vs. LSAF ETF Comparison

Comparison of Active Factor Mid Cap ETF (AFMC) to LeaderShares AlphaFactor US Core Equity ETF (LSAF)

AFMC

Active Factor Mid Cap ETF

AFMC Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by mid capitalization companies. The manager defines mid capitalization companies as those that, at the time of investment, have a market capitalization between the minimum and maximum market capitalization of a widely recognized index of mid capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$34.31

Average Daily Volume

9,370

Number of Holdings ^*

244

* may have additional holdings in another (foreign) market

LSAF

LeaderShares AlphaFactor US Core Equity ETF

LSAF Description

The investment seeks to provide investment results that correspond generally, before fees and expenses, to the performance of the AlphaFactor® US Core Equity Index. Under normal circumstances, at least 80% of the fund's net assets, including any borrowings for investment purposes, will be invested in a diversified portfolio of equity securities of U.S. common stocks included in the index. The index utilizes a quantitative rules-based investment methodology that applies a multi-factor ranking process and is focused on the largest 1,000 U.S. common stocks based on market capitalization.

Grade (RS Rating)

Last Trade

$43.63

Average Daily Volume

11,395

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AFMC	LSAF
30 Days	7.36%	5.32%
60 Days	6.97%	6.52%
90 Days	8.83%	9.24%
12 Months	41.05%	34.17%

37 Overlapping Holdings

Symbol	Grade	Weight in AFMC	Weight in LSAF	Overlap
AMG	B	0.62%	1.0%	0.62%
AN	C	0.26%	0.89%	0.26%
BLD	D	0.13%	0.84%	0.13%
BLDR	D	0.59%	0.85%	0.59%
COKE	C	0.87%	0.9%	0.87%
CROX	D	0.17%	0.67%	0.17%
CSL	C	0.8%	0.93%	0.8%
DVA	B	0.06%	0.95%	0.06%
EQH	B	0.1%	1.05%	0.1%
EXEL	B	0.39%	1.27%	0.39%
EXP	A	0.56%	1.01%	0.56%
FICO	B	0.67%	1.14%	0.67%
GEN	B	0.1%	1.02%	0.1%
HRB	D	0.5%	0.84%	0.5%
JBL	B	0.67%	1.03%	0.67%
LOPE	B	0.26%	1.08%	0.26%
LPX	B	0.24%	1.0%	0.24%
MTG	C	1.1%	0.92%	0.92%
MUSA	A	0.6%	1.02%	0.6%
NSA	D	0.27%	0.87%	0.27%
ORI	A	1.17%	1.02%	1.02%
PHM	D	0.56%	0.84%	0.56%
PRI	A	0.6%	1.06%	0.6%
PSN	D	0.46%	0.91%	0.46%
PVH	C	0.39%	0.93%	0.39%
RL	B	0.26%	1.01%	0.26%
RS	B	0.35%	1.04%	0.35%
SAIC	F	0.31%	0.85%	0.31%
SNX	C	0.55%	0.92%	0.55%
STLD	B	0.36%	1.09%	0.36%
THC	D	1.12%	0.85%	0.85%
TOL	B	1.47%	0.93%	0.93%
UNM	A	0.96%	1.21%	0.96%
UTHR	C	1.55%	0.97%	0.97%
VST	B	1.04%	1.32%	1.04%
WSO	A	0.38%	1.05%	0.38%
WWD	B	0.26%	0.96%	0.26%

AFMC Overweight 207 Positions Relative to LSAF

Symbol	Grade	Weight
SFM	A	1.96%
EME	C	1.33%
GDDY	A	1.2%
AYI	B	1.16%
MLI	C	1.15%
ALSN	B	1.13%
KBH	D	1.09%
FIX	A	1.06%
NRG	B	0.99%
WSM	B	0.98%
IDCC	A	0.95%
TPL	A	0.94%
INGR	B	0.9%
ACT	D	0.87%
IBOC	A	0.85%
OC	A	0.8%
ESNT	D	0.8%
CW	B	0.78%
TMHC	B	0.78%
HIW	D	0.77%
RDN	C	0.76%
LII	A	0.75%
SF	B	0.74%
WBS	A	0.73%
CNM	D	0.72%
GLPI	C	0.72%
TXRH	C	0.72%
CVLT	B	0.7%
FHI	A	0.68%
G	B	0.66%
ERIE	D	0.65%
JXN	C	0.65%
WPC	D	0.65%
NTAP	C	0.62%
NXST	C	0.62%
BRBR	A	0.62%
CACI	D	0.62%
TPR	B	0.62%
CMC	B	0.6%
BERY	B	0.59%
OHI	C	0.58%
FFIV	B	0.58%
CUZ	B	0.56%
NFG	A	0.56%
DBX	B	0.54%
PPC	C	0.54%
CRS	A	0.54%
TGNA	B	0.54%
DECK	A	0.52%
SBRA	C	0.51%
CBSH	A	0.51%
ACIW	B	0.51%
RPM	A	0.5%
NYT	C	0.5%
SANM	B	0.49%
DINO	D	0.48%
ENS	D	0.48%
GMED	A	0.48%
NVST	B	0.47%
SNA	A	0.47%
MTH	D	0.47%
KMT	B	0.47%
CRUS	D	0.46%
UHS	D	0.45%
BCC	B	0.45%
AMR	C	0.45%
GHC	C	0.44%
PINC	B	0.44%
HNI	B	0.44%
RGLD	C	0.43%
DDS	B	0.43%
PK	B	0.43%
JLL	D	0.43%
MEDP	D	0.43%
AGCO	D	0.43%
BTU	B	0.43%
ONTO	D	0.42%
GEF	A	0.42%
NTCT	C	0.42%
CHE	D	0.41%
CHRD	D	0.4%
AIZ	A	0.4%
LAMR	D	0.39%
HALO	F	0.39%
HLI	B	0.39%
JAZZ	B	0.38%
TEX	D	0.37%
ANF	C	0.37%
CDP	C	0.37%
WFRD	D	0.37%
MAN	D	0.37%
BYD	C	0.35%
ARW	D	0.34%
MOH	F	0.34%
UFPI	B	0.34%
ADC	B	0.34%
UGI	A	0.34%
HWC	B	0.33%
COLB	A	0.33%
CSWI	A	0.33%
FHN	A	0.32%
EPR	D	0.31%
PBF	D	0.3%
SSB	B	0.3%
CR	A	0.3%
FSS	B	0.3%
APPF	B	0.3%
GAP	C	0.3%
BDC	B	0.29%
LNTH	D	0.29%
INCY	C	0.29%
ASO	F	0.29%
DKS	C	0.29%
CHRW	C	0.28%
EHC	B	0.27%
CTRE	D	0.27%
AVT	C	0.27%
MANH	D	0.27%
TTEK	F	0.26%
JHG	A	0.26%
NVT	B	0.26%
GPI	A	0.25%
ATKR	C	0.25%
CATY	B	0.25%
HOG	D	0.25%
CNA	B	0.25%
ZD	C	0.25%
IBP	D	0.25%
WCC	B	0.25%
TDC	D	0.24%
MSM	C	0.24%
OLN	D	0.24%
VMI	B	0.24%
ESAB	B	0.23%
ENSG	D	0.23%
NBIX	C	0.22%
L	A	0.22%
AIT	A	0.22%
HST	C	0.22%
OZK	B	0.21%
BWA	D	0.21%
LEA	D	0.21%
CRVL	A	0.21%
HOMB	A	0.2%
PRGO	B	0.19%
NEU	C	0.19%
JWN	C	0.19%
NAVI	C	0.19%
SM	B	0.18%
ZION	B	0.18%
SJM	D	0.18%
NUS	D	0.18%
CRI	D	0.18%
APLE	B	0.17%
ADNT	F	0.17%
ABG	B	0.17%
DXC	B	0.17%
CLF	F	0.17%
M	D	0.15%
ATR	B	0.15%
CASY	A	0.14%
CAH	B	0.13%
VSH	D	0.13%
OPCH	D	0.12%
AEO	F	0.12%
HPP	F	0.12%
TPH	D	0.11%
EXLS	B	0.1%
BPMC	C	0.1%
CUBE	D	0.1%
NSIT	F	0.1%
ELF	C	0.1%
BOX	B	0.1%
AMN	F	0.09%
HSIC	B	0.09%
CNXC	F	0.09%
ITT	A	0.09%
AOS	F	0.09%
CPT	B	0.09%
VNT	B	0.09%
OGN	D	0.08%
HAE	C	0.08%
BRX	A	0.08%
DCI	B	0.08%
APA	D	0.08%
ITRI	B	0.08%
LECO	B	0.08%
DOCS	C	0.07%
WU	D	0.07%
SKX	D	0.07%
TAP	C	0.07%
OSCR	D	0.07%
ASGN	F	0.07%
AWI	A	0.06%
PDCO	D	0.06%
PBH	A	0.06%
MMSI	B	0.06%
CXT	B	0.05%
SPSC	C	0.05%
ZETA	D	0.05%
BMI	B	0.04%
ACLS	F	0.04%
LEVI	F	0.03%
IART	C	0.02%
NNN	D	0.0%
VRNS	D	0.0%
PI	D	0.0%

AFMC Underweight 62 Positions Relative to LSAF

Symbol	Grade	Weight
TRGP	B	-1.34%
SYF	B	-1.24%
OWL	A	-1.19%
AAON	B	-1.18%
BKNG	A	-1.17%
EXPE	B	-1.17%
GM	B	-1.17%
PLNT	A	-1.16%
FI	A	-1.15%
DUOL	A	-1.15%
FTNT	C	-1.15%
AMP	A	-1.15%
NTNX	A	-1.14%
GS	A	-1.14%
CPAY	A	-1.13%
CMI	A	-1.08%
MAR	B	-1.08%
TMUS	B	-1.08%
GWRE	A	-1.04%
MO	A	-1.04%
FOXA	B	-1.04%
WRB	A	-1.04%
AXP	A	-1.03%
HLT	A	-1.03%
EEFT	B	-1.0%
BR	A	-1.0%
ORLY	B	-0.99%
LNW	D	-0.99%
REG	B	-0.98%
MET	A	-0.98%
AIG	B	-0.98%
HIG	B	-0.97%
H	B	-0.97%
FIS	C	-0.97%
IT	C	-0.97%
GOOGL	C	-0.96%
PSX	C	-0.95%
AFL	B	-0.95%
CAT	B	-0.94%
SPGI	C	-0.94%
LOW	D	-0.93%
COLM	B	-0.93%
POST	C	-0.93%
MPC	D	-0.93%
AAPL	C	-0.93%
AZO	C	-0.92%
GPK	C	-0.92%
SPB	C	-0.9%
TXT	D	-0.9%
CI	F	-0.9%
EBAY	D	-0.89%
MAS	D	-0.88%
DD	D	-0.88%
LMT	D	-0.88%
KBR	F	-0.87%
NVR	D	-0.86%
LEN	D	-0.85%
MHK	D	-0.81%
FBIN	D	-0.8%
HCA	F	-0.78%
WMS	D	-0.77%
MTD	D	-0.76%