EQWL vs. LSAF ETF Comparison

Comparison of PowerShares Russell Top 200 Equal Weight Portfolio (EQWL) to LeaderShares AlphaFactor US Core Equity ETF (LSAF)

EQWL

PowerShares Russell Top 200 Equal Weight Portfolio

EQWL Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Russell Top 200 Equal Weight Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the component securities that comprise the underlying index. The underlying index is designed to provide equal-weighted exposure to the securities of the largest 200 companies in the U.S. equity market.

Grade (RS Rating)

Last Trade

$105.50

Average Daily Volume

61,014

Number of Holdings ^*

101

* 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

$43.22

Average Daily Volume

11,359

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EQWL	LSAF
30 Days	1.85%	3.33%
60 Days	4.32%	6.17%
90 Days	6.33%	8.22%
12 Months	30.63%	32.92%

13 Overlapping Holdings

Symbol	Grade	Weight in EQWL	Weight in LSAF	Overlap
AAPL	C	0.97%	0.91%	0.91%
AIG	B	0.98%	0.96%	0.96%
AXP	A	1.06%	1.0%	1.0%
BKNG	A	1.2%	1.12%	1.12%
CAT	B	1.06%	0.94%	0.94%
GM	C	1.18%	1.2%	1.18%
GOOGL	C	0.58%	1.04%	0.58%
GS	A	1.17%	1.13%	1.13%
LMT	D	0.9%	0.92%	0.9%
LOW	C	1.0%	0.94%	0.94%
MET	A	1.03%	0.94%	0.94%
MO	A	0.99%	1.0%	0.99%
TMUS	B	1.12%	1.09%	1.09%

EQWL Overweight 88 Positions Relative to LSAF

Symbol	Grade	Weight
WFC	A	1.31%
TSLA	B	1.29%
MS	A	1.28%
COF	C	1.25%
CRM	B	1.24%
SCHW	B	1.23%
INTC	C	1.21%
EMR	B	1.2%
PYPL	B	1.17%
NVDA	B	1.17%
DIS	B	1.14%
NFLX	A	1.14%
BAC	A	1.13%
BMY	B	1.13%
C	A	1.12%
JPM	A	1.12%
BLK	B	1.12%
CSCO	B	1.1%
CHTR	C	1.1%
CVX	A	1.09%
ORCL	A	1.09%
AMZN	C	1.08%
USB	A	1.07%
BK	A	1.07%
HON	C	1.07%
GILD	C	1.06%
CMCSA	B	1.04%
META	D	1.04%
XOM	B	1.03%
SPG	A	1.03%
COP	C	1.03%
HD	B	1.02%
V	A	1.02%
INTU	B	1.02%
MA	B	1.0%
UPS	C	0.99%
WMT	A	0.99%
BRK.A	B	0.99%
TXN	C	0.98%
F	C	0.98%
ACN	B	0.98%
PM	B	0.97%
AVGO	D	0.97%
FDX	B	0.97%
T	A	0.97%
MCD	D	0.96%
COST	A	0.96%
TGT	F	0.96%
RTX	D	0.95%
UNH	B	0.95%
GE	D	0.95%
DE	B	0.95%
SBUX	A	0.95%
ABT	B	0.94%
ADBE	C	0.94%
MSFT	D	0.94%
MMM	D	0.94%
IBM	C	0.93%
QCOM	F	0.93%
SO	C	0.92%
LIN	C	0.92%
MDT	D	0.91%
NKE	F	0.91%
PG	C	0.91%
GD	D	0.91%
UNP	C	0.9%
CVS	D	0.9%
DUK	C	0.89%
PEP	F	0.88%
AMD	F	0.87%
JNJ	C	0.87%
VZ	C	0.87%
KHC	F	0.85%
BA	F	0.84%
PFE	F	0.84%
DOW	F	0.84%
NEE	C	0.84%
AMGN	F	0.84%
MDLZ	F	0.83%
TMO	F	0.83%
KO	D	0.83%
DHR	F	0.83%
ABBV	F	0.83%
CL	D	0.82%
LLY	F	0.81%
MRK	D	0.8%
AMT	C	0.77%
GOOG	C	0.48%

EQWL Underweight 86 Positions Relative to LSAF

Symbol	Grade	Weight
EXEL	B	-1.3%
TRGP	A	-1.25%
SYF	B	-1.23%
FTNT	C	-1.2%
AAON	B	-1.19%
EXPE	B	-1.16%
NTNX	B	-1.15%
UNM	A	-1.14%
FICO	B	-1.14%
AMP	A	-1.13%
FI	A	-1.12%
LOPE	C	-1.12%
VST	A	-1.12%
CPAY	A	-1.12%
OWL	A	-1.11%
PLNT	A	-1.1%
EQH	C	-1.09%
STLD	B	-1.08%
MAR	A	-1.08%
PRI	B	-1.07%
LNW	F	-1.07%
UTHR	C	-1.06%
JBL	C	-1.05%
DUOL	A	-1.05%
FOXA	A	-1.04%
GEN	B	-1.04%
RS	B	-1.04%
IT	C	-1.03%
PSN	D	-1.03%
CMI	A	-1.03%
KBR	F	-1.03%
SAIC	F	-1.03%
WSO	A	-1.02%
HLT	A	-1.02%
ORLY	B	-1.01%
MUSA	B	-1.01%
WRB	A	-1.01%
GWRE	A	-1.01%
EXP	B	-1.01%
RL	C	-1.01%
ORI	A	-1.0%
FIS	C	-0.99%
BR	A	-0.99%
AMG	B	-0.98%
LPX	B	-0.98%
EEFT	B	-0.98%
WWD	C	-0.97%
H	B	-0.97%
PVH	C	-0.96%
REG	A	-0.96%
COLM	C	-0.95%
HIG	B	-0.95%
CSL	C	-0.95%
THC	D	-0.94%
SPB	C	-0.94%
AZO	C	-0.94%
GPK	C	-0.93%
TXT	D	-0.93%
SNX	D	-0.93%
AFL	B	-0.93%
PSX	C	-0.92%
MTG	C	-0.92%
SPGI	C	-0.92%
TOL	B	-0.92%
CI	D	-0.92%
DVA	C	-0.91%
MPC	D	-0.9%
EBAY	D	-0.89%
COKE	C	-0.89%
POST	C	-0.89%
MAS	D	-0.88%
HRB	D	-0.88%
DD	C	-0.87%
NVR	D	-0.87%
BLDR	D	-0.86%
AN	C	-0.86%
PHM	D	-0.84%
NSA	C	-0.83%
MHK	D	-0.83%
BLD	D	-0.83%
LEN	D	-0.83%
HCA	F	-0.82%
FBIN	D	-0.8%
MTD	F	-0.79%
WMS	F	-0.78%
CROX	D	-0.66%